When price goes down, we can use grid bot! So what is the meaning of reverse grid bot!

Answer

To accomodate people who want to use token as their base profit and to see how much they can make in tokens to go for holding after bot stop

If you want to profit when market goes down use margin bot

Reverse and grid bot is for volatile and swinging market, not a trending market

Related posts:

  1. "BTC/USDT –If the price drops too much and goes out of the GRID and all my buy orders are filled I will still have bought the BTC ( may be not at the best price) but I will have my BTC – ( better then just holding it) .If the price goes too high and out of the GRID then I will have all my SELL order filled and no more pending orders and I will have all my profit in USDT ?"
  2. In a grid bot I have set the profit per grid for example to 1%. Now one the bot has been active and one grid has been hit. meaning it should profit equal to 1% but it only got 0.06% as grid profit.
  3. If price of asset goes below the low price set in grid bot . And later the price bounces back after 2 days and is now within the grid bot range. So will grid bot be active again and start selling the buy orders??
  4. What happened when the price goes up without going back down with infinite grid. The issue with normal grid was it was going off grid. How infinite still makes profit if it goes up
  5. Does the reverse grid work is the price goes up, or is it only good while the price is descending?
  6. Hey all I have a question, say a standard gird bot is currently making you profit and is price is above entry price. Assuming the price is gonna drop below entry price, would there be any merit to stopping the bot and remaking one below your initial entry price?
  7. Say a standard gird bot is currently making you profit and is price is above entry price. Assuming the price is gonna drop below entry price, would there be any merit to stoppinddg the bot and remaking one below your initial entry price?
  8. Does this trading bot sell all your position once it goes below the limit and buy back in when it goes back above it?
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