DCA (or Dollar Cost Averaging ) is a technique that’s used either to average your buying price or as the “Martingale technique”, which you use when a position is in a deep loss.
Read moreIs 3Commas bot free?
3Commas offers 4 tiers of service: Free, Starter, Advanced and Pro . The free plan includes the following features: Manual buying and selling on 23 cryptocurrency exchanges. Ability to view and copy trade bots.
Read moreIs 3Commas a broker?
Binance’s partner brokers , such as 3Commas, are becoming important parts of the Binance ecosystem amid our ongoing evolution as an open platform.
Read moreDoes 3Commas have an app?
3Commas is more than just a Bitcoin app . It’s an all-in-one trading platform and the ultimate crypto app that can act as your Swiss army knife of trading tools on one platform. Connect your favorite crypto markets using API keys.
Read moreAre 3Commas bots profitable?
How much profit can 3Commas automated crypto bots make? An average profit of around 15% per month is about 160% per year . Yes, it’s not 1000%, but it’s a VERY GOOD stable profit. If you are not a professional trader – crypto-bots are a great opportunity to create passive income.
Read moreWhat is DCA bot in 3Commas?
A DCA (or “Dollar Cost Averaging”) strategy is the practice of investing into a currency at preset intervals to reduce the entry price of a position over time and mitigate volatility risk .
Read moreWhat are DCA bots?
The dollar-cost averaging bot places the first buy order and extra orders if the price goes in the opposite direction of the strategy chosen . For all the buy orders it placed previously, it places only one take profit order.
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