# DCA (Dollar Cost Averaging)
**Dollar Cost Averaging (DCA)** is an investment strategy where the bot **automatically purchases a coin at regular intervals** over a set period of time. This approach helps you spread out your investment, reduce exposure to market swings, and minimize the impact of volatility by averaging your entry price. It also helps you avoid emotional trading decisions by sticking to a consistent buying plan. The **DCA feature** is ideal for gradually building your position in a coin while managing risk effectively.
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## :coin: **Choose Your $SOL Amount**
Firstly you need to select the amount of $SOL you want to spend on the order. You can tap one of the preselected amounts or you can click the **xSol** button and input a **custom amount.** This way you can make sure you don't spend more than you are planning to.
{% hint style="info" %}
If you set this to **1 $SOL**, the bot will only spend up to **1 $SOL** to execute the DCA order.
{% endhint %}
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## :date: **Duration**
Sets how long the DCA order will remain active.
* Use **M** for **minutes**, **H** for **hours**, and **D** for **days** to set the duration.
{% hint style="info" %}
If you set a duration of **"24h"**, the bot will execute buys at your specified interval for **24 hours**.
{% endhint %}
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## :timer: **Interval**
Determines how often the bot will execute a buy during your set duration.
{% hint style="info" %}
If you set the interval to **15m**, the bot will buy the coin every **15 minutes** until the duration ends.
{% endhint %}
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## :chart\_with\_downwards\_trend: **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.
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## :chart\_with\_upwards\_trend: **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.
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## :white\_check\_mark: **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**. You can **track and manage your active DCA orders** anytime via the **Orders tab** in the menu.
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