Both Piepie and Dave want to buy some Bitcoins when it falls to the dip. Using Dual Investment【Auto-invest mode】, Piepie bought more Bitcoins at the same price, with the same cost.
Want to trade like a Piepie?
🔁What is the Auto-invest mode？
【Auto-invest mode】helps you to purchase the specific Dual investment product automatically & repeatedly with your requirement sets.
If you don’t know about Dual investment yet, check 【What is Pionex Dual investment】
Setting requirements: fixed price or fixed APR
There are two options for setting the Auto-invest mode requirements: fixed price and fixed APR. The bot will continuously purchase the Dual investment product with the requirements until the condition is satisfied, no product meets the requirements, or cancel by users.
Advanced settings: Longest tolerance period
Setting the longest tolerance period helps you prevent the bot to purchase a product over your expected period. For instance, if you set “one week” as the longest tolerance period, the bot will only purchase the product within seven days settlement date.
📌Auto-invest with fixed price
The bot will continuously purchase the Dual investment product at a fixed price until your coins are bought or sold
Strategy logic
You have to set the coin, target price, and investment amount before activating the auto-invest mode(fixed price). Once all the settings are confirmed, the bot will search the specific product with the following logic:
- Find all the products that satisfy the target price and tolerance period.
- Select products with the closest price to the target price.
- Choose the one with the shortest tolerance period.
If no product meets the requirement, the auto-invest mode will stop and redeem the investment & profits.
Example
Piepie wants to buy ETH at $900, and he creates an Auto-invest bot: buy at a fixed price. (The current ETH price is $1,069). In this case, Piepie sets his requirements as Buy ETH, Target price: $900, and Investment amount: $900. He also sets the longest tolerance period as one month.
The bot will start searching for the ETH product that meets 【the target price is lower than $900, and the settlement date is not longer than 30 days】, for example:
- A.（ETH-900, settle tomorrow）
- B.（ETH-850, settle tomorrow）
- C.（ETH-900, settle after 7 days）
- D.（ETH-800, settle after 30 days）
In this case, the bot will select A.（ETH-900, settle tomorrow）as the auto-invest option because Product A has the closest price and the shortest tolerance period to the requirements.
Suppose the ETH price hasn’t dropped below $900 when the product settles, the bot will continuously purchase the specific product and profit from Dual investment. When The ETH is finally below $900, Piepie can buy more than an ETH with the same principle due to the extra profits he earned from auto-invest.
📈Auto-invest with fixed APR
The bot will continuously purchase the Dual investment product at a fixed APR until your coins are converted(bought or sold)
Strategy logic
You have to set the coin, target APR, and investment amount before activating the auto-invest mode(fixed APR). Once all the settings are confirmed, the bot will search the specific product with the following logic:
- Find all the products that will be settled tomorrow.
- Choose the product with the higher and closest APR to the requirements.
- If no product is found, choose the product with the lower but closest APR to the requirement
If no product meets the requirements, the auto-invest mode will stop and redeem the investment & profit.
Example
Piepie wants to earn a specific APR profit of USDT, and he creates an Auto-invest bot: buy at a fixed APR. In this case, Piepie set his requirement as Invest USDT(based on BTC), Target APR:20%, and Investment: 1000.
The bot will start searching for the USDT product(based on BTC) that meets 【the target APR is around 20%, and the settlement date is tomorrow】, for example:
(Current BTC price is at 20,464)
- A.（BTC: $18,500, settle tomorrow, APR: 33.31%）
- B.（BTC: $18,000, settle tomorrow, APR: 24.98%）
- C.（BTC: $17,000, settle tomorrow, APR: 8.32%）
- D.（BTC: $16,500, settle tomorrow, APR: 7.32%）
In this case, the bot will select B.（BTC: $18,000, settle tomorrow, APR: 24.98%）as the auto-invest option because Product B has a higher and closest APR to the requirement.
If there is no product with over 20% APR, the bot will choose the one with the lower but closest APR to the requirements. In this case, Product C will be selected as the option.
The bot will continuously purchase the product and earn profits for Piepie until his coins are converted, no product meets the requirement, or he manually cancels the auto-invest.