CZ: Long-term investors can adopt a dollar-cost averaging strategy

BlockBeats News, July 26th, CZ responded to the question of "When is the best entry point during a bull market or bear market for long-term holders" by suggesting the use of a dollar-cost averaging (DCA) strategy.

DCA is a strategy that involves continuously buying the same asset at a fixed interval and a fixed amount to smooth out the cost over time, reducing the risk of buying at a peak price in a single transaction, but it does not guarantee profits.