Choose this strategy if you anticipate Solana's value will decline relative to the USD, and discontinue it once you expect Solanas's downward trend against the USD to come to an end.
Market: SPOT
Held Asset: SOL
Settlement Asset: SOL
Strategy: BEAR / SELL
Available from: BTC.D bottom
Available until: BTC.D top
Key Features:
No leverage
No liquidation risk
Minimum deposit: $10,000 denominated in SOL
Maximum deposit (per account or sub-account): $4,000,000
Expected Return: 6%+ per month
Description: This method uses the spot market to programmatically sell SOL when its price trends higher and repurchase it when the price trends downward, accumulating profits denominated in SOL by profiting from the difference between the repurchase price and the average sell price on each trade.
example:
This strategy offers a secure way to amass SOL without using leverage, is available on most exchanges, and operates exclusively during bear market cycles.
CB008 and CB009 are other strategies related to this one as far as deposit and profit settlement currencies but not as far as market cycles availability.
Do you need more information?
Explore these resources:
FAQ: Quick answers to common questions.
Setup Guide: Step-by-step instructions for new users.
Strategy Guides: Detailed explanations of our trading products.
Exchanges: Explore our supported list of exchanges.
Bot Explorer: Select and activate your preferred strategy.
API Key Guides: Learn to generate and manage API keys.
Trading Guidelines: Understand our policies and expectations.
Automated Trading Guide: Insights on mechanics and risks.
All about cryptobots.io: Learn about our company and mission.
Profit Share: Manage your earnings and payments.
Affiliate Network: Track your referrals and commissions.
My Bots: Monitor your active trades and their performance.
In-app Help: Access tutorial videos and help guides.
Glossary: Definitions for cryptocurrency and trading terms.