Why are the bots not too active?
The Diamond Pigs bots are designed based on a swing trading methodology. They are not designed as day-trading bots and will usually not react to any small correction in the market.
The bots powering various active strategies are designed using various methods. More about those methods can be found in this article:
link here
More information about
how our bots work can be found in this article:
link here
Many expect our bots to quickly close all positions during every market correction. However, in a scenario where all bots have tight Stop Losses set for a small correction (5-15%), missed opportunities can occur as the market often rebounds before the bots can re-enter, since the bots first seek confirmation. This situation can increase trading activities without improving performance, resulting in higher fees. Employing a variety of bots with different strategies helps reduce losses and enables strategic re-entries. In positive conditions, most bots use looser Stop Losses to maintain positions and capitalize on rebounds.
We conduct periodic webinars where we explain how our bots work.
Here you can find a recorded session of one of the webinars. You can also attend one of the upcoming webinars by clicking
here.
Related Articles
How do the Diamond Pigs bots work?
Our bots are designed based on a swing trading methodology and not designed as "day trades" bots. In this method, the bots will be looking for an ongoing trend that confirms an expected future "bullish move" in order to take a long (buy) position for ...
Why aren't the bots initiating new trades?
Typically, bots are not initiating new trades due to insufficient funds in your digital wallet to carry out trades. Let's start with an example: The minimum trade amount is €5-20 (Depending on the exchange). Let's consider coin A, which represents 6% ...
Why shouldn't I switch strategies and/or turn my Management button Off too often?
Users who are changing their strategies often will achieve worse results in the long run, than users who select one strategy. Here are 2 main reasons why: Each time a strategy is changed, additional trading fees will incur to rebalance the wallet ...
Why would I select Satoshi, Vitalik or Anatoly strategy and not Exclude the coins?
Satoshi, Vitalik or Anatoly are our hold strategies: Satoshi - BTC only, Vitalik - ETH only, Antaloy - SOL only. We want to make it easy for you to control your entire portfolio right from Diamond Pigs. This way, you can quickly switch back and forth ...
How do you select the coins to invest in?
Each strategy contains basket of fundamentally strong coins that were analized and selected by our team. There are multiple coins that are on the strategy's radar. Here's how it works: First, our team analyzes potential coins: we look at product ...