Bibox Auto Trade is a platform feature that allows users to automate their cryptocurrency investments by setting up customized strategies, enabling them to consistently invest a fixed amount at regular intervals and potentially maximize their returns in the volatile digital asset market.
Automatic Investing has emerged as an influential tool for digital asset investors, enabling them to systematically invest a predetermined amount of USDT into either a single coin or a carefully curated portfolio of coins at consistent intervals.
This strategic approach can assist investors in reducing their average costs and optimizing their returns, even amid the inherent volatility of digital assets.
In this comprehensive article, we will delve into the mechanics of Automatic Investing, its numerous benefits, and how to effectively utilize this powerful tool on the Bibox platform.
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Automatic Investing: Capitalizing on Volatility for Greater Returns
The quintessential investment scenario entails purchasing assets at their lowest point and selling them at their peak.
Nevertheless, in the fast-paced and unpredictable digital currency market, attaining this level of precision is exceedingly difficult.
Automatic Investing helps investors surmount this challenge by persistently investing a pre-defined amount of USDT at regular intervals, irrespective of market fluctuations.
This method permits investors to acquire coins at an average cost that is notably lower than the weekly average price, ultimately contributing to significant wealth appreciation.
Real-World Success Stories: The Rise of Bitcoin and Ethereum
Over the course of 2020, Bitcoin’s price surged from 7,202 USDT to 28,868 USDT, while Ethereum’s price witnessed a dramatic increase from 130 USDT to 736 USDT.
By employing an Automatic Investing strategy throughout this period, investors could have realized an average cost of 9,863 USDT for Bitcoin and 246 USDT for Ethereum.
Remarkably, these prices represent a discount of 12.21% and 20% compared to the weekly average prices, respectively.
Consequently, investors who adopted this strategy would have experienced a tripling or doubling of their wealth.
If they had held onto their assets until January 4, 2021, the returns would have soared to 234% for Bitcoin and an astounding 325% for Ethereum.
Effortless Automatic Investing on Bibox
Bibox streamlines the process of creating Automatic Investing strategies for users.
Investors can choose from an impressive array of 104 coins and establish investment intervals ranging from 1 hour, 4 hours, 1 day, 1 week, to even 1 month.
Through Bibox’s state-of-the-art Automatic Investing bot, users can either invest in a single coin or design investment portfolios containing up to 10 coins.
The platform then allocates the investment amount to each selected coin based on the user-defined investment ratio.
Go to Bibox’s Official Website
A Step-by-Step Guide to Setting up Automatic Investing on Bibox
- Navigate to the Bibox website and click on “BOT&Copy Trading-Bot” located at the top of the homepage.
- Locate “Automatic Investing” in the strategy list and click on “Set up bot”.
- In the pop-up window that appears, select either “Regular Mode” or “Advanced Mode” settings (currency, ratio, cycle, each investment amount, advanced parameter settings), and click “Set up Automatic Investing” to initiate the process.
- Once the “Automatic Investing” bot is activated, you can view its information under “Running bot(s)” – “Automatic Investing”.
Demystifying Automatic Investing Parameters
- Coin types: Bibox Automatic Investing supports a diverse selection of 104 coins, including popular options such as BTC, ETH, XRP, LTC, ETC, EOS, BIX, NEO, DASH, ONT, BCHSV, ATOM, and more.
- Investment cycle: Determine the investment cycle to execute orders at consistent intervals.
- Value/investment: Define the total value allocated for each investment cycle.
- Investment ratio: Decide the proportion of the investment value assigned to each coin in the portfolio.
- Advanced setting: Modify the purchase amount based on the current price in comparison to the average purchase price when the Automatic Investing strategy is initially triggered.
Important Considerations
- After setting up the Automatic Investing bot, the system will automatically execute purchases using your auto-investment amount and temporarily freeze a portion of your assets in the wallet to guarantee uninterrupted operation.
- During the investment process, the system will utilize frozen funds first, followed by the exchange account balance. If the balance is insufficient, users will receive email and SMS notifications. Users must transfer adequate funds for the Automatic Investing strategy to proceed. If the balance remains insufficient for three consecutive intervals, the bot will be terminated.
- A single investment strategy supports multiple cryptocurrency combinations, enabling users to construct their own investment portfolio with up to 10 different coins each time. Please note that the total investment ratio must equal 100%, and each coin’s proportion must be a multiple of 10%.
Automatic Investing is an exceptionally effective strategy for navigating the volatile digital asset market, empowering investors to acquire cryptocurrencies at an average cost that is lower than the weekly average price.
By capitalizing on Automatic Investing, investors can transform market volatility into a strategic advantage, maximizing their returns in the long run.
Platforms like Bibox simplify the process of setting up and managing Automatic Investing strategies, offering a wide range of customization options and support for an extensive list of coins.
With meticulous planning and execution, Automatic Investing can help investors attain remarkable results in the dynamic world of digital assets.
Go to Bibox’s Official Website
Please click "Introduction of Bibox", if you want to know the details and the company information of Bibox.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...