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Buy the Dip
The Buy the Dip strategy only buys — it never places sell orders. Each time the price drops below your configured percentage (or more), the bot purchases more of the asset.
How It Works
- The bot records the price on each 2-minute cycle.
- If the price has dropped by
% Changeor more → BuyVolumeunits. - Sell orders are never placed by this bot — selling is managed manually on the exchange.
When to Use It
Use Buy the Dip when you want to accumulate more of an asset over time, averaging down your cost basis during price declines. This is an accumulation strategy, not a profit-taking strategy.
Configuration Tips
| Parameter | Guidance |
|---|---|
| % Change | Higher values mean the price must drop more before a buy is triggered. A lower value buys more frequently on smaller dips. |
| Volume | The amount purchased per dip. |
TIP
Ensure your exchange account has sufficient quote currency (e.g. USDT) to fund repeated purchases.
