Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Maxicreed on July 12, 2023, 01:02:20 PM
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Bitget Grid Trading Strategy has seen what I call an upgrade cos it obviously seems to now suit categories of traders and help maximize profit. It's an AI powered feature that has been able simplify and also make crypto trading more accessible for new traders
Apart from the traditional algorithm of placing buying and selling orders within a predefine range, the AI feature now allows users to select from a range of AI trading bots which includes "conservative," "secure," and "aggressive,".
These algorithm caters for different type of traders and as usual help safe traders the stress of monitoring their trade frequently to safe time for other productive activities.
Out of curiosity, I would like to know if we have similar AI powered feature on other Grid Trading Strategies and also hear the experience of those who may have utilized this feature.
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This is definitely a welcome development despite entering some positions may end up in negative territory for a long time, thereby locking up users' capital most especially when the market experienced a sustained trend against our trades. Although an Ai-related grid app might free one from being right at predicting the direction of the market while maximizing our profit margin.
I guess it's worth commending the exchange for joining the trending narrative.
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I recently decided to explore this initiative after coming across the bot trading reward event. I was enticed by the reward pool of 20,000 USDT and an iPhone 14.
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I'll like to explore this and see if I'm gonna ditch what I currently use; quadency, for it instead. Can't deny that Spot Grid is really beneficial in aiding profit making. One of my go to strategy 🫣
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This is definitely a welcome development despite entering some positions may end up in negative territory for a long time, thereby locking up users' capital most especially when the market experienced a sustained trend against our trades. Although an Ai-related grid app might free one from being right at predicting the direction of the market while maximizing our profit margin.
I guess it's worth commending the exchange for joining the trending narrative.
your first point is almost correct particularly when you don't want to take loss and optimistic that price will soon be in your favor but with the new features highlighted above one can choose a strategy that can reduce lose and maximize profit depending on your trading appetite.
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This updated version of the Grid bot with AI might be one of the best right now on the market. We also have three types of Bots for any type of trader from experienced ones to Novice!. Thanks for sharing this info
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AI is much smarter than most people these days. So I believe it's gonna be a new beginning of something huge in grid trading.
Previously, grid trading was traditionally accessible to experienced traders, Bitget's AI Grid Trading enables beginners to leverage this strategy without requiring extensive expertise in the field
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What makes spot grid a go-to option for traders like me is the ability to configure the bot according to your level of risk appetite and how you're available for each trade.
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The flexible nature of the platform that allows users to select from a range of AI bots such as
conservative,
secure
aggressive
to cater for their different risk appetites are why the exchange's slow and steady growth record both in terms of user base and trading volume has continued to surge despite bearish pressure.