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Author Topic: Nearly all strategies make you bagholder  (Read 16561 times)

Offline SheikhNaveed

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Nearly all strategies make you bagholder
« on: September 08, 2018, 02:33:04 PM »
As per my own research on gunbot strategies using allanster's scripts: Nearly all strategies make you bagholder like Gunbot Pure BB http://prntscr.com/ks1nwp Gunbot BB stepgain http://prntscr.com/ks1orc GunbotXT TSSL http://prntscr.com/ks1paa
Am I missing something?

Offline Sowaidi

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Re: Nearly all strategies make you bagholder
« Reply #1 on: September 09, 2018, 11:11:32 PM »
Stop loss

Offline sevenearths

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Re: Nearly all strategies make you bagholder
« Reply #2 on: February 04, 2020, 09:56:12 AM »
Set your gain higher as well

Offline RuloBTC

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Re: Nearly all strategies make you bagholder
« Reply #3 on: February 08, 2020, 08:26:31 PM »
I think you should use DCA...
dollar cost avg is nice for avoid bags

just give it a try... i love it so much


main problem in BT haven't this DCA feature :(

Offline Aitor

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Re: Nearly all strategies make you bagholder
« Reply #4 on: February 12, 2020, 11:44:23 PM »
Right, dollar cost average is very good to get rid of the bags  ;)

Offline Kvrga

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Re: Nearly all strategies make you bagholder
« Reply #5 on: March 17, 2020, 08:59:04 PM »
Hey gang im new one here, can somebody explain dollar cost average ? But please keep it simple, and some help configuring this bot would be much abliged.

Offline Aitor

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Re: Nearly all strategies make you bagholder
« Reply #6 on: March 17, 2020, 11:38:29 PM »
Hey gang im new one here, can somebody explain dollar cost average ? But please keep it simple, and some help configuring this bot would be much abliged.

Hi, you can check detailed info about DCA here:

https://wiki.gunthy.org/trading-strategy-options/dollar-cost-avg-dca

Let me know if there is something you don't understand :)

Offline sbogovac

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Re: Nearly all strategies make you bagholder
« Reply #7 on: March 18, 2020, 10:25:13 AM »
Hey gang im new one here, can somebody explain dollar cost average ? But please keep it simple, and some help configuring this bot would be much abliged.

In essence you're lowering your average bought price by buying more at a lower price. That way you can still get out of that trade with a profit at a lower price. BUT LAWAYS use DCA with a STOP LOSS/LIMIT to AVOID bags in the end. IF you made a mistake (by selecting/buying a coin that is loosing you money) you should correct that mistake at a cost that is minimal. I always want to know my SL before I even get INTO a trade...