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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🪙 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.

If you set this to 1 $SOL, the bot will only spend up to 1 $SOL to execute the DCA order.

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📅 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.

If you set a duration of "24h", the bot will execute buys at your specified interval for 24 hours.

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⏲️ Interval

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

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

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📉 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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📈 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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✅ 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.