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Ferdinand

@knighton

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12 Followers


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Did you know? DCA stands for Dollar Cost Averaging — and it can be a game-changer. Let’s say you bought 1 apple for $1. Then the price crashes to $0.01. Instead of panicking, you buy 99 more apples at $0.01 each — that’s just $0.99. Now you own 100 apples, and your total investment is $1.99. That means your average cost per apple is just under 2 cents. Now, here’s the magic: If the price goes from $0.01 to $0.02, you’ve almost doubled your investment. If it climbs back to $1, you've made nearly 100x your money. But if you said, “No, I’m not buying more,” you'd have to wait for that single $1 apple to go all the way from $0.01 back to $1 — just to break even. So if you want to reach profit faster, DCA might be your best friend. It’s often easier for $0.01 to become $0.02, $0.10, or even $0.50… than it is to wait for a full rebound to $1.
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