Answer
When the price is out of range, we usually recommend turning off the robot you use right now, and recreate another one.
Related posts:
- "BTC/USDT –If the price drops too much and goes out of the GRID and all my buy orders are filled I will still have bought the BTC ( may be not at the best price) but I will have my BTC – ( better then just holding it) .If the price goes too high and out of the GRID then I will have all my SELL order filled and no more pending orders and I will have all my profit in USDT ?"
- What happened when the price goes up without going back down with infinite grid. The issue with normal grid was it was going off grid. How infinite still makes profit if it goes up
- Can I stop the Grid bot in order to convert my profit for the day without canceling it or having to recreate it?
- If price of asset goes below the low price set in grid bot . And later the price bounces back after 2 days and is now within the grid bot range. So will grid bot be active again and start selling the buy orders??
- Does this trading bot sell all your position once it goes below the limit and buy back in when it goes back above it?
- Imagine coin price goes up and u are going to use grid bot. In the beginning, despite of increase in coin price, there is not benefit in the first trade performed by bot. Why?
- 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?
- Does the reverse grid work is the price goes up, or is it only good while the price is descending?
