diff --git a/ANDERSON-DCA-strategy.md b/ANDERSON-DCA-strategy.md index 3082643..b1c566d 100644 --- a/ANDERSON-DCA-strategy.md +++ b/ANDERSON-DCA-strategy.md @@ -47,22 +47,22 @@ The bot again will double our units Since we have 1.45833332 units of QTUM, the bot will proceed and buy another 1.45833332 units at the current price Let's say the price is currently 0.00176098 After this purchase goes thru, we will have 2.91666664 units of QTUM -Average Buy price 0.00180247 +Average Buy price 0.00180247 -**For trigger 4** to kick in, the price would have to drop -5.5% (0.00170333) of our latest average price (0.00180247) -The bot again will double our units +**For trigger 4** to kick in, the price would have to drop -5.5% (0.00170333) of our latest average price (0.00180247) +The bot again will double our units Since we have 2.91666664 units of QTUM, the bot will proceed and buy another 2.91666664 units at the current price -Let's say the price is currently 0.00170333 -After this purchase goes thru, we will have -5.83333328 units of QTUM -Average Buy price 0.00175290 +Let's say the price is currently 0.00170333 +After this purchase goes thru, we will have +5.83333328 units of QTUM +Average Buy price 0.00175290 **For trigger 5** to kick in, the price would have to drop -5.5% (0.00165649) of our latest average price (0.00175290) The bot again will double our units -Since we have 5.83333328 units of QTUM, the bot will proceed and buy another 5.83333328 units at the current price -Let's say the price is currently 0.00165649 -After this purchase goes thru, we will have 11.66666656 units of QTUM -Average Buy price 0.00170469 +Since we have 5.83333328 units of QTUM, the bot will proceed and buy another 5.83333328 units at the current price +Let's say the price is currently 0.00165649 +After this purchase goes thru, we will have 11.66666656 units of QTUM +Average Buy price 0.00170469 If the pair does 5 DCA buys, it means that the original price we bought 0.00192000 has fallen around 14% since we bought If we hadn’t done any DCA buy, we would have to wait for this pair to gain those 14% back in order to break even, that might take a long time