thetradingparrot
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New 3commas feature DCA bot "Presets"
🕑 Added 2021-03-19 15:27:12 +0000 UTC
3Commas is rolling out a great new feature called "presets".
You can find it under DCA bots.
It showcases bots from all the people while making a strong emphasis on the past month performance.
Copying bots that did well during the past month without understanding what is the bot actually doing or the prospect of the tokens that are being used is a big bet.
I remember when I was using the ProQuant platform. They were offering exactly that. People were showcasing their bots by past performance and a nice chart showing a line going always up. You were getting paid by the number of people copying the bots. The amount of people getting wrecked constantly and then showing their losses in their forum was incredible. ProQuant went out of business on the 1st of January.
Please if you are going to copy any bot from there DO NOT only judge the bot by the shiny one month performance. Many bots are used to catch a trend or a pump, once the trend is completed the bot can cause big loses.
If there's a bot you feel strong about it, share it in our community and discuss it with other users, moderators or myself. Let's cherry pick the best options without taking unnecessary risks.
Be careful and don't just get excited and start blindly copying bots from there.
It's a great opportunity to pick up some great NEW ideas. I'm going to be testing the most interesting ones from this list and share results asap. If you want to participate let us know on discord!
https://3commas.io/marketplace/presets
