Has anyone tried the accumulation bot and could explain the logic behind it?
The intent of the accumulation bot is to flip coins at a % you determine in order to build your holdings.
For example, let's say you put up an order to buy 100 SNRG. At the same time, you also start the accumulation bot with a 5% difference.
Once this 100 SNRG
buy order is filled, the bot will place a
sell order for those 100 SNRG at a price 5%
higher than the price you purchased them at.
You now have 100 SNRG up for sale.
Once this 100 SNRG
sell order is filled, the bot will place a
buy order using all of the BTC obtained from the sale at 5%
lower than the price you sold them at.
You now have a buy order for ~105 SNRG (100 SNRG + 5% from the transactions).
This continues on at the % you set resulting in increased holdings.
Hopefully this makes sense, let me know if you have any more questions!