The grid profit here in btc, I want to know if the bot is buying btc as it accumulates profit?

Hi everyone, hope you are all well. just have a question, i have asked in the past, but still wasn’t too clear

1) I have a BTC/USDT Margin bot, bullish to accumulate more btc (lock btc, to borrow USD to buy btc etc)

2) the grid profit here in btc, I want to know if the bot is buying btc as it accumulates profit? or it this number (in red) is just a rough indicator of your btc profits, and when I close the bought, it will use the profits to buy btc at whichever price I end the bot with?

3) so does that mean, lets say I close this bot at $38,000, it will use grid profits to buy btc then? or it has already been accumulating

Answer

Margin Grid bots is one of the bots thats helps you open in your prefered token. example you can lock your bitcoin and borrow to add up . alll profits made are in bitcoins hence a decrease or increase in asset value would affect profits as well

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