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<\/a><\/figure>\n\n\n\nBut at the present time, even though the market is down very deeply, and maybe even deeper, I still have full confidence in the market because the crypto market and Blockchain technology are now very different.<\/p>\n\n\n\n
C\u00f3 1 kho\u1ea3ng th\u1eddi gian trong downtrend m\u00ecnh kh\u00f4ng quan t\u00e2m \u0111\u1ebfn Crypto nhi\u1ec1u. \u0110i\u1ec1u n\u00e0y m\u1ed9t ph\u1ea7n do m\u00ecnh t\u1eadp trung v\u00e0o FX l\u00e0 ch\u00ednh, m\u1ed9t ph\u1ea7n do downtrend d\u00e0i s\u1ebd \u00edt \u0111\u1ec3 \u00fd t\u00ecm hi\u1ec3u s\u00e2u v\u1ec1 th\u1ecb tr\u01b0\u1eddng.<\/p>\n\n\n\n
And if you don't learn, you won't know the platforms and technologies that are still "silently" developing during that time.<\/p>\n\n\n\n
And that was my biggest shortcoming, because later when I learned more deeply about the technology of the platforms, Defi, GameFi, NFT,... I was only surprised and confused when the market was very different from before. Already.<\/p>\n\n\n\n
I hope both I and everyone else will not be like me at that time. Leave the market, delete the app when the trend is down and miss the opportunities.<\/p>\n\n\n\n
Returning to the main content of this article, I will try to share the most stress-free and leisurely way to automatically invest, optimizing profits and time so that people do not have a lot of time or understand too much about technology. can also be done.<\/p>\n\n\n\n
That uses the Auto Invest feature from Binance<\/strong><\/p>\n\n\n\n Warning: Investing in financial markets is a risky market that can cause you to lose all your money. Please research carefully, control risks and only use your idle capital.<\/em><\/p>\n\n\n\n The operating principle of this investment method is to use DCA<\/p>\n\n\n\n DCA (Dollar \u2013 Cost Averaging) is also known as price averaging strategy. This is a strategy in which investors will divide the investment amount into many different amounts, instead of investing it all at once.<\/p>\n\n\n\n The volatility of a financial product is the risk of going up or down, and cyclicality is something that always happens in financial markets. DCA will help mitigate the risk of measurement volatility by attempting to reduce the average total cost of investment.<\/p>\n\n\n\n In the simplest terms, DCA is a strategy of dividing the investment amount into many different parts instead of investing it all at once. Unlike the strategy of buying low and selling high, DCA will not help investors maximize profits but only focus on minimizing losses, taking advantage of advantages and growing in the long term.<\/p>\n\n\n\n This strategy is most often applied in the fields of finance, stocks and cryptocurrencies.<\/p>\n\n\n\n However, what you must remember should not be applied to coins with high volatility, poor liquidity, junk coins, etc.<\/a><\/p>\n\n\n\n Binance will help you periodically buy crypto coins according to a set cycle plan such as daily, weekly, monthly, every 2 weeks,... at a certain time that you set.<\/p>\n\n\n\n For example, if I set up every day, I will use 10 USDT to buy Bitcoin at 6am every day. Regularly over a long period of 2-3 years and accumulate until the price is high and you want to sell.<\/p>\n\n\n\n For example, every day I invested 10$ in BTC from January 1, 2018 to April 21, 2021 (about more than 3 years) with a transaction fee of about 0.02%.<\/p>\n\n\n\n BTC price on January 1, 2018 is: 14,093 USD<\/p>\n\n\n\n BTC price on April 21, 2021 is: 56,294 USD<\/p>\n\n\n\n And this is the result<\/p>\n\n\n\n Here, everyone, please help me with the above parameters to compare between buying DCA 10$ every day (top row) and buying it all at once (bottom row).<\/p>\n\n\n\n DCA's profit will be more than 600% over 3 years. A number that is not small, passive and relatively safe.<\/p>\n\n\n\n With 10$ save every day (~ more than 230,000 VND). After more than 3 years you will have an amount of 84.88k USD (~ nearly 2 billion VND)<\/p>\n\n\n\n In addition, let's compare buying all in 1 at once and using DCA through the image below<\/p>\n\n\n\n The blue line is the value of the investment according to DCA<\/p>\n\n\n\n The purple line is the investment value according to buying all in 12.07k USD on January 1, 2018<\/p>\n\n\n\n Here, I randomly choose, for example, the starting date of BTC price is 14,093 (not the bottom of the down cycle), the selling date is April 21, 2021, the price is 56,294 (not the top of the up cycle) because we It is impossible to choose to sell or buy exactly at the bottom or top.<\/p>\n\n\n\n As you can see, at the end of 2019 after nearly 2 years, these two investments have equivalent values as shown by the intersection of the two graph lines.<\/p>\n\n\n\n However, at this time with DCA I have only invested more than 7k $, but with the all-in method I have invested 12.07k$.<\/p>\n\n\n\n And more and more over time you will see a breakthrough in your investment using DCA every day.<\/p>\n\n\n\n You can see more detailed statistics of the above example, accurate to each day, here: https:\/\/dcacryptocalculator.com\/bitcoin\/?start_date=2018-01-01&finish_date=2021-04-21®ular_investment=10¤cy_code=USD&investment_interval=daily&exchange_fee=0.02 5<\/a><\/p>\n\n\n\n This is purely DCA based on Bitcoin price - the safest coin with the largest capitalization, so %'s growth will also be lower than coins with small capitalization. And not to mention being able to optimize profits further, which I will guide below.<\/a><\/p>\n\n\n\n Although most of my capital is DCA using Price Action to buy in Keylevel W and M areas as I shared, I still leave a part of my capital to use this form of Automatic Investment. For these reasons:<\/strong><\/p>\n\n\n\n One of the most difficult things in investing is experiencing feelings of FOMO, FUD, and emotions when participating, even though we may have had a clear capital allocation plan before, but emotions and greed dominate. we cannot stay disciplined and follow the plan.<\/p>\n\n\n\n Having a capital allocation portfolio using Daily Auto-Buying Investment will help me avoid the feeling of FOMO because even if the market does not agree with the price I set for DCA according to Keylevel, I can more or less buy a little at this price range. Already.<\/p>\n\n\n\n This will support the implementation of your DCA investment plan according to your weekly and monthly framework to maintain more discipline.<\/p>\n\n\n\n Previously, doing DCA like this every day, although we all knew it was highly effective, but going into the app every day or every week to buy a few coins over several years was very inconvenient and easily influenced by emotions. when I have to check every day to see the price of coins go up and down.<\/p>\n\n\n\n This is both an active and passive way of investing when you can choose the coin you want to buy, set a plan yourself, but don't have to do anything and just wait for the investment to grow.<\/a><\/p>\n\n\n\n In most markets, people can see that the downtrend and sideway periods are often much longer than the uptrend period. Therefore, by buying the same amount every day, the amount you buy in downtrend and sideway zones will be more than when growing.<\/p>\n\n\n\n Therefore, you can rest assured that you will buy many coins at lower price areas.<\/a><\/p>\n\n\n\n This method also has advantages for those who currently do not have immediate capital. Instead of thinking about borrowing or raising capital, we just need to regularly put in a savings amount from our salary and income every month. that month.<\/a><\/p>\n\n\n\n Of course, nothing is perfect, and this method also has disadvantages:<\/p>\n\n\n\n The Crypto market fluctuates very quickly and strongly, so we should only invest in a daily or maximum weekly buying cycle to be more optimal.<\/p>\n\n\n\n The minimum cost you can set up and buy is from 1$, so with a small capital you can still buy daily.<\/p>\n\n\n\n Automatic investment according to DCA needs to be maintained for a long time through up and down cycles of the market, so we need to choose top coins to ensure safety.<\/p>\n\n\n\n In addition, because we buy in small quantities, when buying top coins with large liquidity, the fees and spread differences will also be lower.<\/p>\n\n\n\n Although Binance currently only allows selecting a small number of Crypto coins in automatic investment planning, there are still many coins to choose from.<\/p>\n\n\n\n Personally, I will choose big coins like BTC, ETH, BNB,... or platform tokens like AVAX, FTM,...<\/p>\n\n\n\n That's my suggestion, but everyone should research carefully before choosing any token for a long-term plan! Because you have to research and believe for yourself to determine long-term investment without being shaken.<\/p>\n\n\n\n To reduce risk, people can divide the daily DCA purchase capital into several different coins. For example, if you plan to buy 10$ per day, you can divide it into 5$ per day for BTC and ETH.<\/p>\n\n\n\n Everyone please help me pay attention to this, the risk will still be there so we need to put our eggs in many baskets, before we had automatic DCA FTT thought the top 2 floor was very trustworthy but still left, luckily we divided many baskets so it was okay. Don't have too big of a problem.<\/a><\/p>\n\n\n\n The difficulty when you join the Crypto market is that you need to use VND to buy USDT and have it available at Binance to be able to buy automatically every day. And the VND and USDT exchange rates will often fluctuate and are not fixed.<\/p>\n\n\n\n Most of our goals will be how to get the most VND. Everyone can refer to how I still do it to optimize profits.<\/a><\/p>\n\n\n\n Because we don't need USDT immediately at a time to buy, you can choose times when USDT prices are low to accumulate.<\/p>\n\n\n\n Due to supply and demand, USDT price will often fluctuate against the market trend.<\/p>\n\n\n\n Therefore, to get a good price, we should not rush to buy USDT when the market drops, but wait until the days when the market is green and strong to buy to get the best exchange rate.<\/p>\n\n\n\n A very good point about Binance is that they have a setting to automatically withdraw money from USDT to Flexible Savings to buy coins in Automatic Investment if the Spot wallet balance is not enough.<\/p>\n\n\n\n So you can save USDT with an interest rate of 10% with an amount of 2000$ and above 2000$ it will be 3%. That is, if you save 5000$, 2000$ will be charged 10% interest and 3000$ will be calculated 3% interest. This is a very attractive profit level of $ and interest is also paid daily.<\/p>\n\n\n\n Thus, you will not be afraid that USDT reserves will not bring any profit. In addition, Binance interest will be paid daily to your wallet and also allows you to automatically add this interest to a flexible savings account for daily compound interest.<\/p>\n\n\n\n For those who want to accumulate large amounts of USDT to wait to buy coins on a weekly or monthly basis or receive interest from providing Swap Farming, they can use this USDT interest to automatically buy coins, which is also a way to take advantage of interest. dual.<\/p>\n\n\n\n Note: Although depositing USDT for savings like this, I consider it quite safe, there will still be risks related to Binance or USDT. Therefore, absolutely do not bring all your savings from the bank to deposit on Binance.<\/a><\/p>\n\n\n\n Tokens purchased daily will automatically be added to Flexible Savings by Binance. To view these, go to [fusion_builder_container hundred_percent=\u201dyes\u201d overflow=\u201dvisible\u201d][fusion_builder_row][fusion_builder_column type=\u201d1_1\u2033 background_position=\u201dleft top\u201d background_color=\u201d\u201d border_size=\u201d\u201d border_color=\u201d\u201d border_style=\u201dsolid\u201d spacing=\u201dyes\u201d background_image=\u201d\u201d background_repeat=\u201dno-repeat\u201d padding=\u201d\u201d margin_top=\u201d0px\u201d margin_bottom=\u201d0px\u201d class=\u201d\u201d id=\u201d\u201d animation_type=\u201d\u201d animation_speed=\u201d0.3\u2033 animation_direction=\u201dleft\u201d hide_on_mobile=\u201dno\u201d center_content=\u201dno\u201d min_height=\u201dnone\u201d][Wallet] and select [Earn Wallet]\n\n\n\n The % profit rate will depend on each Token, depending on the time. It is not too high because it is just a flexible savings, but if we invest in the long term of 2 or 3 years, it will also be a number worth keeping in mind. heart. And importantly, this is completely automated so we will optimize profits as best as possible.<\/a><\/p>\n\n\n\n If you don't have a Binance account, you can register here<\/strong><\/a> to receive a lifetime transaction fee discount of 20%.<\/p>\n\n\n\n This is a guide I quoted from Binance's guide<\/p>\n\n\n\n Or, you can open Binance App, then tap [Add] \u2013 [Auto Invest].<\/p>\n\n\n\n You can choose to create an Automatic Portfolio Investment Plan to buy multiple cryptocurrencies in one portfolio or create an Automatic Investment Plan for a single cryptocurrency.<\/p>\n\n\n\n Before signing up, you can choose the asset's timeframe to test the simulated ROI. You can also click the chart icon to view the asset's historical performance.<\/p>\n\n\n\n If on the Binance app, you can do as in the following video:<\/p>\n\n\n\n Webpage:<\/strong><\/p>\n\n\n\n Step 1. Click [Create plan] next to the coin you want to invest automatically.<\/p>\n\n\n\n Step 2. Enter the subscription amount and stablecoin you want to use. Currently, Binance supports USDT and BUSD. Choose a daily, weekly, bi-weekly or monthly repeat cycle. You can also set a specific purchase date and time.<\/p>\n\n\n\n Step 3. Choose to enable [Use Flexible Savings balance]<\/strong>. After enabling this option, if your Spot Wallet balance is insufficient, the system will automatically withdraw assets from your Flexible Savings account to complete the purchase.<\/p>\n\n\n\n Step 4. Check the summary and click [Confirm]<\/strong> to register.<\/p>\n\n\n\n To manage your AutoInvest plan, click [Go to Earn Wallet page]<\/strong>.<\/p>\n\n\n\n To see your AutoInvest purchase history, click [Go to History page]<\/strong>.<\/p>\n\n\n\n To pause or resume a plan, press the button below the button [Toggle]<\/strong>. To edit a plan such as changing the investment frequency, click [Edit]<\/strong>. To permanently stop a plan, click [Delete plan]<\/strong>.<\/p>\n\n\n\n 5. You can view the amount of cryptocurrency purchased in the [Auto Investment History] section.<\/strong><\/p>\n\n\n\n That's it!<\/p>\n\n\n\n In addition, if you want to automatically invest in many coins in a simpler way, you can use the feature to create automatic investment plans according to investment portfolio.<\/a>Operating principles<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\nHow will automatic investing from Binance work?<\/h2>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/a><\/figure>\n\n\n\nWhy should you use automatic investing?<\/h2>\n\n\n\n
<\/a>Avoid feeling FOMO<\/strong><\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\nRelaxed and Simple<\/strong><\/h3>\n\n\n\n
Advantage thanks to the accumulation and growth cycle of the market<\/strong><\/h3>\n\n\n\n
No need to invest a lot of capital at once<\/strong><\/h3>\n\n\n\n
Disadvantages of automated investing<\/strong><\/h3>\n\n\n\n
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How to optimize automatic investment<\/strong><\/a><\/h2>\n\n\n\n
Should buy by day, or maximum by week<\/strong><\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\nOnly choose top coins and high liquidity<\/strong><\/h3>\n\n\n\n
<\/a>Put your eggs in many baskets<\/strong><\/h3>\n\n\n\n
Optimize profits from capital<\/strong><\/h3>\n\n\n\n
Choose when to buy USDT<\/strong><\/h3>\n\n\n\n
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<\/a><\/figure>\n\n\n\nUSDT reserves available to wait for DCA will still have daily compound interest<\/strong><\/h3>\n\n\n\n
Continue compounding interest from purchased Tokens when investing automatically<\/strong><\/h3>\n\n\n\n
Implementation Guide<\/strong><\/h2>\n\n\n\n
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In this part, you will choose the coins you want to invest in and then choose how much capital allocation ratio % Binance will automatically divide and buy. However, I still use the separate settings for each coin as above to manage, edit, and customize more easily. Because I also automatically invested about 3.4 VND, the setup was also very fast.
If you want to create a directory, you can see the instructions below<\/p>\n\n\n\n<\/a><\/figure>\n<\/figure>\n\n\n\nBuy USDT via Binance P2P<\/strong><\/h3>\n\n\n\n