Thank you, I've been using DCA for a year now. This helps me a lot. Great break down on the strategy !
@MooninPapa13 күн бұрын
Glad it was helpful!
@tvvtv690212 күн бұрын
Is it possible to use leverage there?
@MooninPapa12 күн бұрын
Leverage with DCA? I don’t recommend it. It’s a quick way to get liquidated. You can use leverage trading exchanges on Altrady, if that’s what you were asking.
@tvvtv690211 күн бұрын
@@MooninPapa I am curious if it is possible to use little leverage up to 4x or 5x for DCA ?
@Robyn-Hood16 күн бұрын
you are the best!!
@hakhastudio7575Күн бұрын
nice content
@tvvtv690212 күн бұрын
Thank you! Is it possible that bot trades with leverage?
@Klarkman16 күн бұрын
thank you 🤑😜
@bleduramstat806215 күн бұрын
So I just open a long and a short from daily POC , no stop loss, when it goes up I take profit close trade and set a pending buy at the last high. If price goes down i close the short take profit, and so it goes up and down no stop loss no liquidation, anyone else do this ?
@Life_once569814 күн бұрын
Smart money are adaptable for smart people , same as smartphones today , smartphones are fully functional and best investment for smart people crypto are free money , real money buy polygon and trx get dca everyday week month as you can , dont invest more than you can afford.
@ashuford7717 күн бұрын
My question is the bot prepare for drop below the DCA #3? What if the drop keeps falling below.
@MooninPapa6 күн бұрын
The Better Crypto Signals strategy is prepared for -80% drops for almost all coins offered with these signals, for one. That means that even if a token falls -80%, when it has the tiniest pump after bottoming out it will close out any "hanging" positions in profit even after DCA'ing down -80%. It's happened to me many times and still amazes me to this day.
@BioMetatader16 күн бұрын
I'm confused, DCA bots will buy periodically on a timed basis, irrespective of the price action, like if the price dips. But you mention multiple times that the DCA strategy will buy the dips. Can you please clear up my misunderstanding because to me i believe the DCA strategy is just mindlessly buying at regular intervals, whereas utilizing a strategy that will buy the dips would require something other than DCA, like for example martingdale as you mentioned, or trailing buy. Thanks!
@DaveNg-e5e15 күн бұрын
This is essential martingale bot
@awaisahmed760216 күн бұрын
Thank you for another Good video. Only dislike DCA since 60% of the deals close at no DCA i.e. if coin is pumping - u get only a tiny share for it.😢
@MooninPapa13 күн бұрын
True. This is the trade-off (and also why it's so important to use bots to accumulate coins).
@yothere486314 күн бұрын
I thinking about getting it but how do you keep up with taxes?
@MooninPapa13 күн бұрын
There are several crypto-friendly tax websites that can track your buys and sells for you. CoinLedger and Koinly are two that come to mind.
@emanuelfrid297817 күн бұрын
Will the TBT Signals work with every pairing? or does it need to be specific coins? I have had one running for quite some time but it does not make any trades. And thank you for the Content!
@MooninPapa16 күн бұрын
It only runs for specific trading pairs: thebettertraders.com/tbt-signals But I'm going to add more :)
@emanuelfrid297816 күн бұрын
@@MooninPapa And does it need to be a specific exchange?, i am for instance using Mexc.
@sugaith16 күн бұрын
this dca bot looks more like a "buy double on the loss to make medium price until you can"
@MooninPapa13 күн бұрын
That's pretty much it. Buy the dip, sell on the bounce.
@mcm498115 күн бұрын
😂 fun times watching liquidations... oh look! Another liquidation event... cya!!!
@WisdomX-jy1zs14 күн бұрын
What if the price drops around 70-80%? Would we have to wait a long time to hit SCA take profits? What do you think about grid bots, are they better than DCA bots?What if the price drops around 70-80%? Would we have to wait a long time to hit SCA take profits? What do you think about grid bots-are they better than DCA bots?
@MooninPapa13 күн бұрын
That's a lot of questions, but I'll focus on the main ideas: 1) If there is a massive drop of -70% in a day or two, I always buy more on panic-driven dumps. The price is extremely likely to bounce after taking a massive sudden loss. Now, in the case of a bear market, sometimes you might have to wait months for your position to recover (it's happened to me MANY times), and with patience and careful DCA'ing, you can exit with profit. 2) Grid bots only work in specific market conditions that are trapped sideways. I prefer DCA bots because I can accumulate coins I like with DCA bots, but can only take profit in stable coins with grid bots. This isn't a great time for grid bots. Maybe 1.5 years from now after we bottom out in the bear market to come.
@Satronaut-pw3ij16 күн бұрын
Have u had a look at NOS, looks like a really good bot trade.
@MooninPapa13 күн бұрын
This looks like a great DCA bot chart! Really whippy. It's low-volume, so you'll have to be careful of pump and dumps.