January 18, 2022
News

How bots like Coinpero will change the cryptocurrencies industry?

Frankfurt, Germany, 25 Dec 2021, ZEXPRWIRE, How bots like Coinpero will change the cryptocurrencies industry?

Bots help to automate repetitive tasks. In the case of cryptocurrencies, trading bots allow placing trades with technical indicators on a recurrent basis. This helps to decrease the daily volatility and to diversify investments over a wide range of currencies and timeframes. The Coinpero Invest strategy is made for users who want to automatically invest / trade cryptocurrencies. It uses multiple strategies like “averaging” and “DCA”. Averaging consists of calculating the average price of a coin over a period of time, then buying when this value dips, and selling when it rises above that value. This helps to increase the returns and ensures a safe entry price. DCA means that when a loss occurs, a portion of the portfolio is sold at a discount in order to compensate for this loss. The remainder is placed back into the market as soon as possible so it can also gain value over time..

What is Coinpero Invest’s strategy and how does it’s work?

The Coinpero Invest strategy is made for users who want to automatically invest / trade cryptocurrencies. The strategy is developed to decrease the daily volatility and to help to diversify crypto investments on a daily basis. 

Coinpero uses the following principles to build our strategies:

  • diversify using more than one coin at once;
  • re-balance on a daily basis;
  • portfolio balancing for coins with low correlations;
  • minimize transaction costs.

Read more about Coinpero here: https://coinpero.com/

Media Contact

Company Name:-Coinpero

Email:-[email protected]

Company Website:-https://coinpero.com/

The post How bots like Coinpero will change the cryptocurrencies industry? appeared first on Zex PR Wire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Related posts

OTL Seat Fillers Adds a Free Ticketing Service Supporting Reemerging Arts and Entertainment Communities

Binary News Network

ChickenFast — A Unique Hassle-Free Crypto Mining Platform Launched

Binary News Network

Givenchy Picasso set to drop the “The Givenchy code” EP

teamrocktteok