Tag ADA

The Bottom-Fishing Strategy

Abstract The Federal Reserve meeting has signaled an upward adjustment in the interest rate target, indicating the likelihood of at least two more rate hikes and no rate cuts for at least two years. Faced with regulatory crises and liquidity…

I started the bot on 16/02/2021 on grid bot. Only coin purchase is ADA at 1.44 with starting capital of USDT500. Today 20/4, the total holding I saw was USDT448 at current ADA/USDT rate of 1.182. The breakeven price show is 1.3628. I would like to know under such circumstances, what would you do to cut losses or how to further finetune the bot for lesser loss / improve the breakeven price. Thanks in advance

Answer If you don’t want to sell your ADA and suffer the loss from bot, you can choose “Don’t sell” when closing it. The system will convert the ADA which your bot holding into a tradable amount. You can decide…