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March 24 2023 Cryptocurrency

Interested in automated portfolio building strategies?

Interested in automated portfolio building strategies?

If you're receptive to the world of cryptocurrencies, you've almost certainly visited several sites, both free and paid, to learn more about bots, which are essential tools for automated portfolio building strategies.

Almost all stock exchange sites have a free version of this built-in, so you can freely try your wings in the exciting field of crypto trading. Unfortunately, however, in most cases they work with little or no difficulty. That's why we thought big and created a quite extraordinary platform, and that's what we're trying to show you in today's blog post.

What is a spot grid?

You'll need a number of things if you want to implement algorithm-based trading, including the right spot grid bots. We'll help you with this in our previous blog posts.

But first, let's clarify the concept of spot grid! You can short or long the market using these bots, i.e. you create very small zones, these will be the grids. You can specify price bands for these, as well as the percentage of the price band you break up, and the percentage of profit you sell your currency for. The bots will automatically calculate whether to buy low, and if the price goes higher, to sell your cryptocurrency. 

Yes, that's all well and good, but if you go out of the price band, you're in an awkward situation for which there is no sensible and workable solution yet.

Don't let your capital sit idle!

Not until now, but now we finally have our platform where you can use our spot bots for automated trading. And why is it worth using our software?

If the above situation occurs, i.e. you go out of your price range, your entire liquidity can be eaten up by the bot and without any understanding, your orders will be in the order book. 

Our platform is the solution to this, as it is four times faster than any other solution on the market. While on other sites you can make 2,500 trades per second, with our platform you can make up to 12,000, so you can spin so fast that you don't have to worry about your capital taking up your liquidity!

How can you put automated portfolio building strategies at your service?

As it is almost impossible to track the performance of your portfolios on the various stock markets manually, it is worth switching to the automated version. One such strategy is HODL, which is designed for the long term. 

This basically means that there is a period of accumulation for a while, with the larger companies shorting the market until you reach the bottom.

If you decide to take your first steps in crypto trading on our highly unique Binance-recognised platform, the good news is that you can set limit orders, no matter how many separate projects you have. But while elsewhere they will take up your balance, which you can see in the order book, with us you can set up to $10,000 per $1,000 for the speed of trading, and it will be filled whichever one hits the market first.

We could talk and write about this for hours, so you should watch and read all our tutorials to become a powder crypto trader as soon as possible!

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