Price Alert AGAIN! Here’s how to capture those ups and downs.
With Pionex DCA Bot, I got the chance to capture those price movements and compounded back into each of my trade! The bot made me 26.45% in profit on Solana in the last month. Here’s the whole story.
Capture the regular ups and downs
Recently, I found some crypto had 10% up and down moves regularly. Take SOL, for example.
It dropped ~10% and then bounced ~10% over and over again in the last month. This did not just happen with Sol, lots of coins moved in these up and down cycles.
That’s when I got the idea:
This is when the DCA bot (the previous martingale bot) came to mind.
Use Pionex DCA Bot to scalping from those volatility
The DCA bot will build a position on the way down and sell when prices bounce.
I got lucky and started a DCA bot on SOL. When the price went down, the bot bought more SOL the lower the price went and took profit right as the price bounced.
After it closes the current round of scalping, it will start another new round automatically with 1 coin and will keep buying more coins as the market dip.
The bot made me 26.45% profit within a month! This is crazy while everyone’s portfolio is losing more than 50% this bot is actually making money!
What’s more? It compounds my profit into the next round of trades it does. This way, my money grows exponentially!
Like warren buffet always says, “compound growth is the 8th wonder of the world”.
Start a DCA bot in 3 steps
Here’s how I started the bot.
First, I find a coin with a consistent up and down pattern.
Second, I pull up the DCA bot from the list and use the Balanced preference under the AI strategy. It has preset parameters so no need to change anything. Fill in the amount that I want the bot to trade with.
Press Create, and the Bot is ready to trade!
Balanced VS Conservative? What’s the difference?
I also tried to compare two different types of AI, balanced and conservative.
So, I created each of them at the same time. Just to find out the difference between the two. The conservative one split my investment into more safety orders which covered a larger dip. But the trade off is that it earned less money compared to the balanced one.
Balanced | Conservative | |
Initial investment | $10,000 | $10,000 |
Total Transactions | 471 | 766 |
Total profit | $2,645 | $2114 |
Are you interested in my strategy in the last month?
Well, then it’s time for you to try out the DCA bot!
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Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously, Pionex.US could not assure any profit. Risk Disclaimer