Trading != investing, dollar cost average is an investing strategy, not a trading strategy; you have an investing bot, not a trading bot.
No, they have neither. This is just a script to purchase an amount of bitcoin. It has to be run manually for each purchase. It is easier I think to just login to the exchange every day and make the purchase. Not sure why this is so high on HN.
Show HN: Bitcoin investing using Dollar Cost Averaging strategy
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Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#12Your link to Electrum is giving a 404. Thought you should know.
Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#13Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#14Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#15Earlier quoted context omitted.
No, they have neither. This is just a script to purchase an amount of bitcoin. It has to be run manually for each purchase. It is easier I think to just login to the exchange every day and make the purchase. Not sure why this is so high on HN.
Pieter Levels wrote pretty much the same thing a few days ago, but most people that know about Pieter know he likes to automate things. I'm pretty sure he set his up as a cron job. https://gist.github.com/levelsio/ee9539134035492ba77a7be1b49...
Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#16levels did it https://gist.github.com/levelsio/ee9539134035492ba77a7be1b49...
Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#17I follow this manually. Buy 100$ worth top 30 crypto every week on bittrex.
Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#18I follow this manually. Buy 100$ worth top 30 crypto every week on bittrex.
I like this idea, but only if it's scripted and for more than $100 per run.
Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#19Earlier quoted context omitted.
No, they have neither. This is just a script to purchase an amount of bitcoin. It has to be run manually for each purchase. It is easier I think to just login to the exchange every day and make the purchase. Not sure why this is so high on HN.
Buying on coinbase doesn't leverage the Dollar Cost strategy?
Re: Show HN: Bitcoin investing using Dollar Cost Averaging strategy
#20I follow this manually. Buy 100$ worth top 30 crypto every week on bittrex.
Manually? So every week you do 30 separate trades on Bittrex? Seems like a lot of work and also you have 30 transaction fees (including the spread cost) for only $100. I like this idea, but only if it's scripted and for more than $100 per run.