What’s your view about the strategy which is being used by 3commas for DCA BOTs, i.e.

You buy when the price goes down and then it closes that specific position when the TP is hit, it’s usually around 1-2%.I am just curious to know as you have great knowledge about all this so wanted to know your view on this?thanks


DCA is good in a situation you expect the price will bounce back , or you want to have a long exposure by averaging the buying price to hold the token later on.

Any DCA Bot will do the same in every platform, they buy in multiple time at lower price. Pionex also has DCA Bot and TWAP Bot (Time Weighted Average Price). You can utilize these bots according to your needs and plans

get free trading bots now