
A chemist with a glaring interest in TECH while enjoying my late intro into crypto currency,NFT,DEFI and oh I forgot I could write ✍️
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Bitcoin is attempting to break through the resistance area, but has not been successful so far. Sellers remained active in this region, and there are reports about ongoing discussions regarding traffic. We may experience high volatility in the market, so be prepared for significant moves in both directions. The support and resistance levels remained unchanged.
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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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