If the price falls from the bottom of my Grid, does it make sense to switch it off and use those coins for some other purpose (or just even hold) and wait for the price to come up to restart the bot again?

If I choose to do that, what are the pros vs cons? Any advice/suggestion will be greatly appreciated.

Answer

If the price moves out of your range , you have to consider your risk management, and your sentiments about the market , if per your analysis you believe price will bounce back then it’s fine to hold your trade . If you are investing for the long term , 6months – years then it’s okay to hold that’s if you still believe price will move back up . If not best to close your trade and move on to the next

Leave a Reply