I think that this is a great idea. One question is which bot are you using? I just went through setting up Profit trailer and the experience was such that I felt the need to create a noob guide to doing it. It would be very helpful to post DCA settings and buying strat settings along with 24 hour results and market conditions during those times. Good luck with your adventures in bot trading and looking forward to seeing more from you.
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I'm doing Profit Trailer as well. The DCA settings are a bit tricky only using 0.1 BTC, right now I'm just using Anderson with -3.5, -5.5, -7.5 as my rebuy markers. I feel like I need more BTC in order to bump it up any higher.
Sorry for the delay in responding to you, things got hectic around here. I have one question, how do you manage bags in PT? Keep in min, this is for a family member, i'm just trying to help him with it because I'm a bit more tech savvy than he is. Is it normal for 75%-80% of the coins bought by PT to go through the DCA file?
Most of my coins end up in dca, it's one of the frustrating parts of the bot. When the market is really moving you don't get as many bags but when it slows down you end up needing to dca out of the bags. Dca makes it easier to get some profit out of the trades but can really dig a hole on a bad coin.
I'm going to try and get out of my bags today and try refining my coin list so I'm only trading coins I feel have some upside.
Sounds like a winner to me. Let me know your results after refining. I understand the purpose of the DCA but it has been giving us problems the last few days. Just too many coins being stuck there for way too long, even restricting the number of pairs the bot can deal with at one time.
Yeah I'm maxed out with bad coins today, really sucks, considering just taking the loss and refining my pairs at this point.