In what ways does a DCA bot vary from other trading bots?
A DCA bot development uses a long-term investment approach rather than attempting to time the market for quick profits, periodically making purchases to mitigate the effects of market volatility. Whereas trading bots focus on making fast buy-sell choices, DCA bot development aims to provide a consistent investing approach by automating small, planned purchases at any price. For customers looking for a stable investing path, this strategy is ideal because it lowers risk and allows for progressive accumulation.
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