Low-risk Earnings in Volatile Markets

Yes, the DCA bot can be profitable, especially when used correctly in volatile markets​. It lowers your average entry cost over time by spreading out purchases or sales, which can protect you from sharp price swings. By not relying on perfect timing, it helps you consistently build a position or exit one under better overall conditions.

The DCA bot algorithm works by automatically placing buy or sell orders at predefined intervals, distributing your investment over time​. This approach is designed to reduce the risk of investing a large amount at the wrong time and smooth out market volatility.

Dollar-Cost-Averaging bots automate the process of investing or selling in portions over time​. Instead of buying or selling all at once, the bot places small, regular trades, helping to average the price and minimise exposure to short-term market fluctuations.

You can absolutely do that on Bitsgap. You would need to start a separate DCA bot for each coin individually​. Each bot operates independently, so you can customise the settings like investment size, frequency, and safety levels for each cryptocurrency.

To view your DCA trading bots on Bitsgap, simply log in and head to your “Bots” dashboard​. There, you’ll see a list of all your active, paused, and closed bots with real-time performance updates. Otherwise, go to the “Bot Analytics” tab for detailed analysis for each.