DCA (Dollar Cost Averaging)

What is DCA?

• DCA, or Dollar Cost Averaging, is a strategy where the bot automatically buys a coin at regular intervals for a set period of time. This helps you spread out your investment and reduce the impact of market volatility.

---

Settings Explained

Amount of SOL to Spend

Sets the amount of SOL you want to spend on the total DCA order.

• You can select a pre-set amount or tap the xSOL button to input a custom amount.

• Example: If you set this to 1 SOL, the system will spend up to 1 SOL across the entire order.

---

Interval

Determines how often the bot will execute a buy during your set time period.

• Example: If you set the interval to 15m, the bot will buy the coin every 15 minutes until the duration ends.

---

Duration

Sets how long the DCA order will remain active.

• Use M for minutes, H for hours, or D for days.

• Example: If you set the duration to 24h, the bot will execute buys at your specified interval for 24 hours.

---

Min Price

Stops the bot from buying if the coin’s price falls below this value.

• This ensures you don’t continue buying during a significant price drop.

---

Max Price

Stops the bot from buying if the coin’s price rises above this value.

• This ensures you avoid overpaying as the price increases.

---

Place Order

Once all the settings are configured, press Place Order to start the DCA process.

• The bot will then automatically buy the coin at your chosen intervals within your set parameters.

---

This DCA feature is ideal for gradually building your position in a coin while managing risk and avoiding emotional trading decisions.

You can check your current orders at any time using the orders tab on the menu