Hey @timileyin988 for this question we were not asked to do a real trade. It was just a demonstratio on how DCA is executed.
For applying DCA practically you can use any of your exchange accounts, such as Binance.
Hope its clear. Feel free to ask any more questions
Thanks for your lovely response! @huzaifanaveed1
How do I go about getting the chart is my problem now, I can interpret the chart.
Or do I need to search the internet for DCA chart on any coin I choose?
And I will be glad if I can participate in the assignment, I will need your tutor on getting the chart.
Kindly drop your contact for convenient chat.
Here is my link https://wa.link/2ajixp
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@timileyin You do not need to search onn Internet for DCA chart on any coin.
DCA is executed by evenly spreading your investments over equal periods of time. for example you have $100, in DCA strategy, you can invest $10 for 10 weeks. This is a practical strategy
Regarding this assignment you need to give an example of DCA strategy on any coin chart of your choice. You can give example on any amount of dollars that you want. You do not have to make real trades for this particular questions, as the DCA strategy requires more than 1 week for its results.
Hope it clarifies
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Now I'm getting it, due to the day interval it means we are not to be real in the trade chart we will be using.
It's just that we need to pick an amount of dollars we will be using for example 400usd will be 20 USD in 20 weeks and we will edit the chart ourselves
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