DCA Bots
DCA, also known as Dollar Cost Averaging, is to buy a particular digital currency in batches within a specified time interval, thereby slowly building up your position. Since the short-term ups and downs of the market are difficult to predict, the DCA strategy can reduce the user's position cost by diversifying investment in the long term.
The DCA is a well-established trading strategy in the investment community, ideal for use in early bull and bear markets. At the same time, users can set an investment target (such as a 10% yield) before starting the strategy. The trading bot will notify the user or automatically make a profit after reaching the target.
Why do we need the DCA strategy?
If you have $10,000 to invest in BTC, you have two investment options:
1. One-time investment
When the price is $30,000, a one-time investment of $10,000;
2. DCA
Slowly open positions for every 5% drop in BTC price until $10,000 is fully funded.
The current average price is $26,832（20% lower than option 1 ！）
Well-behaved DCA bots on HXR
The professional traders of HXR will help us select high-quality bots and click copy to create success.
