I DCA'd $ADA from $0.50 to $0.30 to $0.16.
My friend DCA'd $BTC from $60K to $50K to $40K.
He's a genius now. I'm a fool.
Same strategy. Different coin. Different outcome.
My question: is DCA actually a strategy, or is it just a way to feel less stupid about being wrong?
When does averaging down become throwing good money after bad?
How do YOU tell the difference?
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