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Technical Support & Development / Feature Request: Break even, profits & hold coins
« on: August 30, 2017, 07:23:04 PM »
Can this be integrated into GunBot: I have adopted a strategy I use with coins I see long term (6 months, 1 year, etc) potential in. My goal is to break even and save the remaining coins to sell or hold when/until the time is right.
The mechanisms of the strategy: (for simplicity did not include exchange fees but you will get the idea)
Thoughts? Please be easy on me, this is my first post.
The mechanisms of the strategy: (for simplicity did not include exchange fees but you will get the idea)
| Tier 1 Break Even: Take enough profits to cover my initial investment at target profit margin. I buy 100 XYZ token at .01 BTC each = total investment of .1 BTC . My profit margin to break even is 5%, so: when the price hits .0105 BTC I sell 95.239 XYZ = recovery of my initial investment .1 BTC.  Tier 2, 3, 4 ... : This enables the user to select what percentage of his/her remaining coins he/she wants to sell at user defined profit margin intervals.  Savings: If I only do Tier 1, I have recovered my costs, and now I have coins sitting in my wallet for the future.  |
Thoughts? Please be easy on me, this is my first post.