Side DCA
Last updated
Last updated
Dollar Cost Averaging (DCA) is an investment strategy where an investor regularly invests a fixed amount of money into a particular asset or portfolio, regardless of its price. This approach reduces the impact of market volatility by spreading out the purchases over time, potentially lowering the average cost per unit of the investment.
Here are the steps to follow for activating DCA
Step 1 . /Start
or /Home
command to start the bot
Step 2 . Enter the token address to the bot to get the information of the token
Step 3 . Here you can see the option DCA Order
click here to initiate the activation
Step 4 . Two options appear either select Buy
or Sell
Buy
Swaps the native token with the selected token
Sell
Swaps selected token with the native token
Steps 5 . Enter the amount for DCA example. (0.00001)
Step 6 . Message will ask for the interval unit in m - Minutes
H - Hours
D - Days
W - Weeks
M - Months
select interval accordingly.
Step 7 . Enter the intervals or gap between each trade in selected unit example. 3 (Minute)
Step 8 . Approval Message will appears for DCA with options yes
or no
Step 9 . Then Bot will ask for the range minimum
and maximum
, between the range will auto buy the token.