Today I’m going to be testing the tutorial on 3Commas DCA trading bot. The idea is to use 3commas Dollar cost average bots to purchase crypto currency to generate passive income.
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🔷 Binance to Buy Crypto :
I go in to as much detail in to a trading strategy I found on YouTube as possible. The original strategy was presented by TradeAlts Channel. I have taken this strategy and back tested it using an indicator on Tradingview.
Interest in investing has grown hugely among ordinary people in recent years, but those new to trading must be careful when they engage with the blockchain markets.
First of all we look at the original trading strategy which consists of setting up bots on 3commas using the “buy ASAP” strategy and then DCA.
DCA rests on the notion that you spread the buying of your investment over different times. Therefore decreasing the base price as you buy the dip.
I then use code to test the strategy 100 times or more.
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– Want To Win More Trades, Make More Money?
00:00 Intro to 3comma
01:05 Crypto Investment Strategy
04:05 3commas setup
20:05 Testing 100 times
08:00 Outro (important)
DISCLAIMER (read it please): Leverage trading is ONLY for EXPERIENCED TRADERS. If you Trade with a BOT from 3Commas on Bybit it does NOT mean you have no risk. You can still lose money if the Bot suddenly gets unprofitable.
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Investing in Crypto
How to build passive income from crypto.
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