Does this trading bot sell all your position once it goes below the limit and buy back in when it goes back above it?

Answer

No its the reverse, it will buy when the price is decreasing and it will sell when the price is increase. You can learn more about the grid bot here : https://www.pionex.com/blog/pionex-grid-bot/

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  2. How Should You Set a Stop Loss Before Recreating a Pionex Grid Bot?
  3. If I have a margin position (say BTC/USDT) and it is currently in red, is there a way to close the position, but add collateral/margin so I can just buy out the position? instead of selling the btc and realizing the loss, i'm happy to hodl
  4. I understood that it was because it was using my BTC in the waller to make a sell at a higher price – so basically it uses USDT to buy more then the price goes down and uses BTC to sell – is this how this GRID BOT works as well and the returns similar to what I have mentioned above?
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  6. Have a question with margin bots :) if I am running a Btc/usd bot to accumulate more Bitcoin. If it falls below my lower limit, is there anyway to close the position and keep the Bitcoin?
  7. Should I close my position on xrp could rocket soon and never drop does that close my xrp position
  8. Does a Pionex Grid Bot Resume After Price Returns to Range?
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