Intro

As excited as you are to get your hands on the AI-powered bot, let’s take a second to understand how to optimize your new bot.

There can be many reasons why you were interested in this particular bot. Yet the end goal is always the same: to make profitable trades in the crypto market.

DipSway AI bot is built to set your trading journey on autopilot. At the end of the day, DipSway is here to help you make it profitable. The bot is powered to execute great buy and sell orders.

Now let’s get into the bot setup. What are the 3 steps for configuring the bot?

• Buy Power
• Crypto selection
• Stop-loss & Take-profit

Let’s start at number 1. Here’s everything you need to know about Buy Power and how to get the most out of it.

What is Buy Power?

Buy Power in represents the maximum amount of USDT the bot could place on a single trade.

The amount you define will be divided by 3 or 5 times to ensure pyramiding of trades.

So if you have 5000 and set 1000 Buy Power, you can expect your buys to be ~200 USDT.

Percentage Buy Power

Buy Power is specified in USDT, although you can switch it to a percentage value.

Setting a percentage Buy Power will allow the investible amount to compound and adjust based on your wallet size. For wallets smaller than <1000 USDT a 100% Buy Power tends to give more satisfactory results.

Which crypto should you trade?

Now that we tailored down how many crypto assets you should select to keep your bot healthy, it’s time to pick the most profitable crypto!

If you have the skills and market knowledge to make strategic decisions about what to let the bot trade, then you can make your own calls. Although you will find our table very interesting as well!

For our guided approach, you can check out our Best Crypto Performances table under the Live Performances section.

You will find a looong list of crypto assets. These stats are directly taken by DipSwayers running bots!

You have:

• Name of asset
• Cumulative Profit & Loss of the asset during the previous month
• Average trade duration (time from Buy to Sell)

Every 1st of the month you will get a fresh table with the best-performing assets of the month before, so you can jump on the best returns and continue profiting the next month.

Top User’s Bots Leaderboard!

Copy the best bot setups in the community! Through a ranking system we list you the healthiest and most performing bots for you to copy.

Extra Optimization

The DipSway platform offers you 2 optional features that you might find VERY useful.

Let’s define these two features.

Stop-loss: during an open trade, if the crypto selected drops the selected %, the bot will automatically sell. A stop-loss is crucial for setting a safety net for your losses.

Example:

• You select a stop-loss of 5%
• Your bot opens a trade on BTC

BTC drops down and your open trade starts to drop down. As soon as you hit that 5% threshold the bot will automatically sell so you make sure that if BTC continues to drop you won’t lose but surf the wave and open a new profitable trade.

Take-profit: during an open trade, if the crypto selected reaches a positively selected % of profit, the bot will automatically sell. A take-profit parameter is great if you want to make sure that once you go over a certain % of profit you take home the investment without hesitation.

Example:

You want shorter trade durations and take-home profits as soon as there are any.

• You select a Take-profit at 2%
• Your bot opens a buy order for BTC.

As soon as BTC rises and your order reaches a 2% profit, it will sell and take home the small win.

This will make sure that your bot will have a healthy amount of investible capital available. As soon as it sells it could open a new position and if BTC in this case, continues to rise, you will see a multitude of small profitable trades!

Both parameters can be very important for minimizing losses and maximizing the profits you are trying to achieve.

There isn’t a fixed magic formula so you should you should play around with what you feel comfortable with.

Conclusion

You now know how to:

1. Setup your Max Buy Power
2. Select your favourite Crypto Assets
3. How to use Stop-loss & Take-profit as extra features

You are now ready to make the most out of your AI crypto bot!