What is liquidation risk?
Answer liquidation risk is the percentage at which your trade is likely to face margine call . this usally happens when you have a leverage postion. the risk at which your loss equals your margin is what is referred to…
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Hi all, if my trading bot is about to achieve the upper limit should I stop it and start a new one?
Answer Grid trading lets you set two parameters the upper and lower limts, if price is getting close to the upper limit and it hasnt crossed it yet , you can still hold your pionec grid trading bot for a…
The profit/grid percentage is already deducted with fee or they will charge fee? and if I run my bot just like this, will I still get profit if the fee is 0.05%?
Answer All transactions made by the trading bots on Pionex are fees inclusive therefore grid profits already have the fees deducted hence there wont be any other fee. Pionex Exchange provides one of the affordable fees in the cryptocurrency market…
Where i can see all the coins i have purchased manually?
Answer All purchased assets outside the use of trading bots are all found in the trading section on the app. first of all locate the trafe icon , then move to statistics of on the app, this is where you…
Is there an easy way to increase the amounts it uses for a purchase? Or would I create a new trading bot with a larger amount invested?
Answer Increasing investment is possible with certain trading bot on the pionex exchange. example the arbitrage bot and rebalance bots give you the option to add more investments however there are some other bots that doesnt have this feature but…
Suppose having $5K, which scenario is better, having 10 grid bots at $500 each OR having 20 grid bots at $250 each?
Answer Infinity bot helps you catch the whole swing trade without an upper boundary. the profits made by the bot stays within the bot and not addded to the investment. if you would like to add profits made the bot…
I love the fact that with margin grids, it helps you accumulate more of the coin your trading on. whereas normal leverage/spot only gives you more usdt etc. Are there any other grid types that helps you accumulate more coins? (especially for the alts that dont have margin available)
Answer Reverse grid is using coin as its base profit, but it still needs price to go up or sideways to get profit, the downside is the higher the price, bot will need to buy token at higher price so…
When the profit is annualized does it include compounding or just straight multiplication over the days?
Answer It doesn’t compound The amount you invested doesn’t increase unless you release funds and start a new bot. I wish you could do more with a running bot, but those are the limitations.
I have HNT in my account but withdrawal is disabled for this token. I have asked customer service for weeks about this and why withdrawal for HNT is not enabled.
Answer Only the most popular and used currencies are available for withdrawals and deposits, others will be added as users request It’s plans to start supporting more coins for withdrawals / deposits in the next months
Is a smaller % profit/grid better or a larger one. Frequent trade better or bigger profit each trade better?
Answer Try it yourself ! divide your capital into two and run the bot with the same range, you’ll see which one is better for current market condition compared to others setting
Because the scale is changed so if it goes to 10, it won't be the same scale as from 1.6 to 0.05? is that correct?
So i just need to be cautious if the price reaching 0.05. since my low is at 1.1, should it put stop loss at around 0.9 if that would ever happened? Or stop loss at my starting price so that…
About reverse split, what is the cons? our holding value should be the same value. so what is the concerning issue when reverse split happens?
Answer Yes after reverse split is the same But to reach reverse split, it means that your token goes very down in value. Imagine you are now in 1.6 , and going reverse split at 0.05 , 1.6 to 0.05…
What's the multi coin rebalancing bot really about and what time is best to use it
Answer It create your own basket portfolio If you want to only have several coin on your portfolio with fixed portion, you can use this method It will keep rebalancing your portfolio so it is filled with the portion you…
When it says it will sell portion on coin to keep the holding coin at X usdt, what happen when it goes down?
Answer In the example it use lets say 50 usdt and 450 usdt in token When price goes up, the token value increase to 470, it will sell 20 worth of token, so youll end up with 50+20 and 450…
AI or manual for invinity bots. For a newish trader should I go with AI?
Or are the any good strategies out there for beginners? Answer Wait for lowest dip you can get when bear. run reversed grid for awhile to get more coin then when it dips hard, start to put stop loss under…
What do you recommend 200 grida bot with a small price range 0.12% profit per grid or a moon bot or infinity grid?
Answer Im often using high profit per grid like 10%+ , wasn’t really good at setting up with low profit per grid Also im a low grid user. But all of my friend is high grid user Both working good…
My pionex gains are always half of the gains I would have through hodl
I would have roughly 5% without grid bot Started at 2227 200 grids Answer The bot is actively trading your position. Also when the investment is xxx usdt, when the current price is in the middle of your range, the…
What is the risk of grid bot ai strategy? What is the chance to ruin the account ? Because I can't see the stop loss where is
Answer Ruin the account? you can’t run out of money as long as you don’t use leverage Just trade spot tokens It all depends on your trading strategy the bots are tools to make your job easier!!! Grid bot for…
How would the profit on grid went into negative? What contribute to that?
Answer Grid profit shows the % profit after the fee. if the grid is too many than it should, you would be making negative profit because your gris profit only pays the fee.
Wondering where to find info on the advanced settings for the grid bot. curious about the take profits option
Answer Never tried it but assuming you put 200usd, it will try to balance the value. say if xrp-bnb, If bnb increase, xrp decrease/no change – sell bnb buy xrp to equalize the value on both coins and vice versa.If…
When i stop the bot the token will be "transfered" to my wallet in token form? So best i dun put stop loss right?
Answer Only if you choose “dont sell” when you closing the bot If you want to have the token, yes dont put stoploss. The bot will give all its holding if you choose dont sell , because it wont sell…
I can close the bot and receive in token? If it hits stop loss mean token will be sold for USDT? If i want to hold token, does it mean i dun put "stop loss" at all ?
Answer True, in grid bot if you want to have token, you just stop the bot without selling the token when you close the bot
Is there any bot where i can buy the token (instead of usdt) when its stop loss.
So i get the token at the lower price (thats what suppose to be the purpose? Answer When you create grid bot, you already averaging down buy token When stop loss hit in grid bot (usually the SL price is…
Just to confirm if the stop loss is trigger the bot will sell off and return us in the Token? Or usdt ?
Answer It return depends on what you start Grid bot return usdt or btc Reverse grid bot return token Stop loss will sell all remaining token hold after trigger price hit