Ursprünglich erschienen auf: https://www.reddit.com/r/CryptoCurrency/comments/es6205/safety_net_trading_bot_switch_to_stablecoin_when/
does this already exist or should I look into it? Simple script which acts as a trading bot for better hodling without losing when market crashes.
– put funds on exchange and get trading api keys
– set entryprice = price of your crypto/unit
– switch to stablecoin when marketprice < entryprice is reached
– if marketprice > entryprice switch to desired crypto
The only weakness is the exchange holding your coins but can be mimized when using a DEX + maybe the fees .