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 below your lowest price right?) , the bot already averaging down your buy and you have no left usdt anymore besides the realized profit/grid profit

So yeah you basically already buy the token with averaging down

If you like to see the notation in token number, you can use reverse grid instead of normal grid. both work same, only the notation is different

Related posts:

  1. 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 ?
  2. When i stop the bot the token will be "transfered" to my wallet in token form? So best i dun put stop loss right?
  3. I'm setting up a grid bot for BNB1S but instead of it buying in right away I want it to buy in small quantity and then start the grid. Like if I have 50 grids it will buy 2% using me usdt at each grid. Instead of buying in at the start. Possible you know?
  4. Is stop loss mean sell all the token ? And is close bot just mean stop the bot but don't sell anything
  5. 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
  6. Just to confirm if the stop loss is trigger the bot will sell off and return us in the Token? Or usdt ?
  7. Is it possible to have the combination BTC/USDT and earn BTC instead of USDT?
  8. When using grid bots, is it better to start the bot when its red? And stop it when its green?
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