How does the DCA work when you’re red and out of funds? Does the bot adjust its SO price to the lower ends once you have more funds?

For example: say now I initially bought a coin at 100 and then SO at 90, 80 and even 70. Then the coin dips to 20 but I’m out of funds. I then deposit funds. Will the bot then place an order for 60, given the SO setup, or will it adjust to say buy more at 20 or another way?

Posted Jun 30, 2021, 5:23 PM UTC

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boomboomlontime•

I don't know. have you tried emailing them? would be interested to know

2
SlizzelsOP•

I got an answer from them, they say the SO will fill at the market price so I’m my example, that will mean 20 vs the 60 that was next in line to be filled

3
sultanmvp•

I'm pretty confident it won't do anything. You can manually add funds, but (from my experience) it won't create new SOs.

1
Mdaisyx•

that has happened to me one too many times and it would always open the SO at the prevailing market price instead of the limit price! as even if you set a limit price of $10 and current price is $2, the highest selling price would not reach $10. instead, it would match you to the current ask price :)

1