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3 commas crypto bot question

Posted on 12/3/21 at 7:05 pm
Posted by Tigerobsession
baton rouge, LA
Member since Sep 2004
614 posts
Posted on 12/3/21 at 7:05 pm
I recently launched a DCA bot on 3Commas with an Ethereum/USDT pair. The bot has the option to “reverse bot,” but I’m not sure under what conditions it would be smart to select that option. Any advice would be appreciated. I searched the crypto bot thread and didn’t find anything about reversing.
This post was edited on 12/3/21 at 7:07 pm
Posted by horsesandbulls
Destin, FL
Member since Jun 2008
4868 posts
Posted on 12/3/21 at 8:01 pm to
We have a crypto bot thread. Come join us.

To answer your question, instead of buying, I believe it sells for you. I’ve seen suggestion on doing this if you want to slowly sell a coin if your average is too high for the bot to sell it at a profit.

If a dca bot normally buy as the price falls to decrease your average, I think a reversal would sell as the price rises to increase your average???

Idk never done it.
Posted by horsesandbulls
Destin, FL
Member since Jun 2008
4868 posts
Posted on 12/3/21 at 8:02 pm to
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4774 posts
Posted on 12/5/21 at 11:45 am to
I would suggest getting on the Trade Alts discord. Tons of information on 3 commas, settings and strategies.
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