Investement Strategies & Trading
How does a trailing stop loss work with Diamond Pigs bots?
At Diamond Pigs, we use a trailing stop loss as part of our risk management strategy to help protect your gains and minimize losses — all automatically, with no need for manual intervention. What Is a Trailing Stop Loss? A trailing stop loss is a ...
Wallet Rebalancing: What It Is and How It Works
What Is Wallet Balancing? When you activate a certain strategy upon your initial setup, the bots will use the assets in your wallet to buy the coins included in the specific strategy. This process in which the bots buy the mix of coins included in ...
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 ...
What does "Protection" mean when mentioned by Diamond Pigs in relation to their strategies and bots?
"Protection" refers to a safety feature designed for the highly volatile crypto market. While some bots exit after a minor market dip of 5-10%, other Diamond Pigs' bots are equipped with different parameters tailored for long-term trading, leading to ...
How to use Diamond Pigs HOLD and FIAT strategies?
What's the purpose of HOLD/FIAT strategies in Diamond Pigs? We want to make it easy for you to control your entire portfolio right from Diamond Pigs, so you do not have to keep switching between various platforms. Our HOLD and FIAT strategies make it ...
How often is the wallet data updated on the members' dashboard?
The data on members dashboard is automatically updated every 10 minutes to ensure the Diamond Pigs dashboard accurately reflects your exchange wallet at 100%. it is refreshed when a user goes to his/her dashboard but only when the prior value was ...
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 ...
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 ...
How do I select the right strategy?
As an initial step, we suggest selecting just one strategy to minimize additional small trading fees that might accrue from continuously rebalancing between various strategies. Which crypto strategy should I choose? Choosing the right strategy on the ...
How do we select the coins to invest in?
Each strategy contains basket of fundamentally strong coins that were analysed and selected by our team. There are multiple coins that are on the strategy's radar. Here's how it works: First, our team analyses potential coins: we look at product ...
Can I change my investment strategies?
Yes. You are always able to change your investment strategy. For users with wallet above €2000, you can select more than one strategy and adjust the ratio of your strategies by selecting “Adjust Your Strategy” on the Diamonds Pigs dashboard. Would ...