Trading Bots

Spot Auto-Invest parameters explained

2023-06-14 15:03074

Spot auto-invest glossary

1. Spot auto-invest: investing a fixed amount of funds at regular intervals over a period of time, regardless of market conditions.

Order parameters

1. Invested coin: add up to 10 cryptocurrencies for each strategy, and set your investment allocation for each coin or distribute your investment equally.

2. Amount per period: the amount you want to invest in each period (currently supported coin: USDT).

3. Frequency: choose your investment interval, either hourly or monthly.

4. Local time: the auto-invest strategy will use the time zone of your current device to determine the trigger time for your investments

PnL parameters

1. Total profit: your gained profit since your auto-invest strategy started running.

2. Auto-invest profit: total realized PnL from your auto-invest strategy with transaction fees deducted.

3. Floating PnL: the floating profit or loss from the rise or fall of the base currency (the price difference between the latest price of the base currency and the average entry price). Floating PnL = (current price - average entry price) x current position

Disclaimer

Spot auto-invest strategy is a transaction tool. The above-mentioned information should not be considered as financial or investment advice from Bitget. Your use of this tool is subject to your unconditional acceptance of all of Bitget's terms and conditions. You should be fully aware of the risks associated with cryptocurrency investments and proceed with caution. You agree that all investments on Bitget.com reflect your true investment intent, and you unconditionally accept the potential risks and gains of your investment decisions.