Differences Between DCA Bots And Grid Bots Grid bot places take-profits for every order separately. DCA bot reduces the risk of purchasing high by investing at consistent intervals. Grid bot works best when any particular pair is in a range with no clear up or down trend in a longer period or a sideways market .
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Strategy Explained The dollar cost averaging bot places the first buy order, and extra orders if the price goes into the opposite direction of the strategy chosen . For all the buy orders previously places only one take profit order is placed.
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