re: Crypto Trading Bots

I have quite a bit in this account to cover a lot of it. My plan was to adjust things as needed depending on the market. I personally think bitcoin will be pushing 100k by the end of January. If it does this, I will adjust my bots accordingly. Of course I could be wrong and we nose dive from here, but unless it’s a black swan type event, it will gradually trend down which should clear my bots. There is also a smart trade feature where you can add funds to a bot after all the safety orders have filled to bring your DCA down even further. There is also a “short” feature that you can switch the bots too, but I haven’t played with this. I’m overall bullish till the first of next year.

Could I run my bots to where they are fully covered all the way down? I could, but what ends up happening is that a lot of money just sits on the sideline not making anything. I noticed this when I started using these bots. When/if bitcoin hits triple digits, I will definitely decrease my buy and safety orders down. Will probably increase the number of safety trades as well. There’s really no perfect way to set them. I’m always adjusting them trying to find the sweet spot I’m comfortable with.

I’m typing this at work so I may not have made myself real clear :(