Du Jun has actively engaged in a dollar-cost averaging (DCA) strategy by purchasing Ethereum (ETH) in multiple batches, specifically targeting the price range of $3800. This investment approach allows him to gradually build his position in Ethereum, spreading out the purchases over time to mitigate the impact of price volatility. By acquiring ETH at different intervals, Du Jun aims to manage his risk more effectively while taking advantage of potential price fluctuations in the cryptocurrency market. The significance of DCA lies in its ability to enable investors to accumulate assets without the need to time the market perfectly. This method can be particularly beneficial in the highly volatile landscape of cryptocurrencies, where prices can shift dramatically within short periods. Du Jun’s strategy reflects a thoughtful approach to investing in digital assets, showcasing his commitment to capitalizing on market opportunities as they arise.
