Heyall! How do i DCA a token? I have little money and want to buy dips is there a recommended clearnet automated way like a bot to do this? I want to do it over thr entire cycle
(Scammers don't dm me)
DCA is basically when you keep adding to your stack on the run up or down, its balancing your average price. Idk bro, fuck shitcoins
Who said OP is DCAing only shitcoins?, you can DCA stocks, nor just crypto toobyt the way.
You can set automated buy orders for set time periods (once a week, once a month, etc) on a lot of centralized exchanges. You can also set buy limit orders for certain prices if you expect XYZ coin to drop to $5, the order will execute at $5. And you can ladder down with limit buy orders.
Those are the two methods I'm aware of (which obviously sucks for privacy due to KYC,) If anybody is aware of DCA strategies on decentralized platforms or swap services for Monero specifically I'd be interested to know.
Those are the two methods I'm aware of (which obviously sucks for privacy due to KYC,) If anybody is aware of DCA strategies on decentralized platforms or swap services for Monero specifically I'd be interested to know.