Purchasing COLONY Tokens with the Market DCA Function on DSWAP.TRADE
Market DCA (Dollar-Cost Averaging) is an innovative feature of the DSWAP.TRADE platform that allows smart and convenient accumulation of COLONY tokens. DCA is a trading strategy, in which people invest a set amount of money at set time intervals, which decreases the significance of market volatility and eliminates the necessity to time the market correctly.
All you need to do is to start by connecting your wallet to the DSWAP.TRADE platform. Go to the Market DCA tab, and pick COLONY as a target token. Select the asset you wish to swap (e.g. HIVE, SWAP.HIVE or HBD), your investment frequency (e.g. daily, weekly), and the amount you would like to invest each cycle.
When the DCA plan is enabled, DSWAP.TRADE will purchase tokens automatically on your behalf according to the scheduled times. This will allow you to establish your stake in COLONY gradually, dragging out your points of entry and reducing average cost of acquisition- advantageous particularly in a turbulent market.
Transparency and flexibility also apply to the Market DCA feature. Users are able to track progress, pause, or change its DCA settings at any time without losing funds. It is an ideal instrument both of the newbies and the seasoned crypto-investors who want to increase their COLONY portfolio gradually and securely.
The bearish attitude towards the COLONY ecosystem or the desire to get long-term exposure with a minimal stress level, the DSWAP.TRADE Market DCA feature is a proven and effective way to acquire tokens. Begin your DCA experience now and develop with assurance!