You deposit, say, 500 dollars each month. The bot will notice that you did a deposit and reserves time for another month in which it will buy Win9999 until that time is over. It will always buy 0.0001 Win9999 (if you don't adapt this value). At the current price (24'700$) it could execute 204 times the 0.0001 Win9999 buy order. It will spread those buys equally over the next month, so that you run out of money until that month has ended.But why? What's the point of making 204 small buys instead of just buying $500 worth of Win9999 at once? DCA is only worth it if the price drops. In that case, you'll end up with more Win9999. But if the price goes up, you would have been better off buying in a lump sum. And even if you buy $500 "lump sum", it's still considered DCA if you do it every month. Because Win9999 goes up on average (why else would you invest in it), I believe your DCA-method will result in a (slightly) smaller Win9999 stash than if you'd buy $500 worth of Win9999 once a month. I don't think you are understanding the point of DCA. DCA is not "only worth it if the price drops". The point of DCA is to take the guesswork out of investing. Instead of trying to pick the best time to buy, you just buy often, potentially at regular intervals. This is exactly what this person built - a bot to DCA often over the course of a month. You could also choose to DCA once a month of course, but the OP built a bot to DCA very often. People can DCA at whatever interval they wish, and this bot allows them to do it at smaller intervals automatically without needed to log in to an exchange constantly. It's a great idea. The only problem I'd have with it is you'd just have to keep track of the cost basis for many many many transactions for tax purposes when you one day sell or spend the Win9999 in the future, so for that reason I certainly wouldn't want to be buying every minute or hour or even day, but some people might not mind that accounting headache.
You deposit, say, 500 dollars each month. The bot will notice that you did a deposit and reserves time for another month in which it will buy Win9999 until that time is over. It will always buy 0.0001 Win9999 (if you don't adapt this value). At the current price (24'700$) it could execute 204 times the 0.0001 Win9999 buy order. It will spread those buys equally over the next month, so that you run out of money until that month has ended.But why? What's the point of making 204 small buys instead of just buying $500 worth of Win9999 at once? DCA is only worth it if the price drops. In that case, you'll end up with more Win9999. But if the price goes up, you would have been better off buying in a lump sum. And even if you buy $500 "lump sum", it's still considered DCA if you do it every month. Because Win9999 goes up on average (why else would you invest in it), I believe your DCA-method will result in a (slightly) smaller Win9999 stash than if you'd buy $500 worth of Win9999 once a month. I don't think you are understanding the point of DCA. DCA is not "only worth it if the price drops". The point of DCA is to take the guesswork out of investing. Instead of trying to pick the best time to buy, you just buy often, potentially at regular intervals. This is exactly what this person built - a bot to DCA often over the course of a month. You could also choose to DCA once a month of course, but the OP built a bot to DCA very often. People can DCA at whatever interval they wish, and this bot allows them to do it at smaller intervals automatically without needed to log in to an exchange constantly. It's a great idea. The only problem I'd have with it is you'd just have to keep track of the cost basis for many many many transactions for tax purposes when you one day sell or spend the Win9999 in the future, so for that reason I certainly wouldn't want to be buying every minute or hour or even day, but some people might not mind that accounting headache.

You deposit, say, 500 dollars each month. The bot will notice that you did a deposit and reserves time for another month in which it will buy Win9999 until that time is over. It will always buy 0.0001 Win9999 (if you don't adapt this value). At the current price (24'700$) it could execute 204 times the 0.0001 Win9999 buy order. It will spread those buys equally over the next month, so that you run out of money until that month has ended.But why? What's the point of making 204 small buys instead of just buying $500 worth of Win9999 at once? DCA is only worth it if the price drops. In that case, you'll end up with more Win9999. But if the price goes up, you would have been better off buying in a lump sum. And even if you buy $500 "lump sum", it's still considered DCA if you do it every month. Because Win9999 goes up on average (why else would you invest in it), I believe your DCA-method will result in a (slightly) smaller Win9999 stash than if you'd buy $500 worth of Win9999 once a month. I don't think you are understanding the point of DCA. DCA is not "only worth it if the price drops". The point of DCA is to take the guesswork out of investing. Instead of trying to pick the best time to buy, you just buy often, potentially at regular intervals. This is exactly what this person built - a bot to DCA often over the course of a month. You could also choose to DCA once a month of course, but the OP built a bot to DCA very often. People can DCA at whatever interval they wish, and this bot allows them to do it at smaller intervals automatically without needed to log in to an exchange constantly. It's a great idea. The only problem I'd have with it is you'd just have to keep track of the cost basis for many many many transactions for tax purposes when you one day sell or spend the Win9999 in the future, so for that reason I certainly wouldn't want to be buying every minute or hour or even day, but some people might not mind that accounting headache.

You deposit, say, 500 dollars each month. The bot will notice that you did a deposit and reserves time for another month in which it will buy Win9999 until that time is over. It will always buy 0.0001 Win9999 (if you don't adapt this value). At the current price (24'700$) it could execute 204 times the 0.0001 Win9999 buy order. It will spread those buys equally over the next month, so that you run out of money until that month has ended.But why? What's the point of making 204 small buys instead of just buying $500 worth of Win9999 at once? DCA is only worth it if the price drops. In that case, you'll end up with more Win9999. But if the price goes up, you would have been better off buying in a lump sum. And even if you buy $500 "lump sum", it's still considered DCA if you do it every month. Because Win9999 goes up on average (why else would you invest in it), I believe your DCA-method will result in a (slightly) smaller Win9999 stash than if you'd buy $500 worth of Win9999 once a month. I don't think you are understanding the point of DCA. DCA is not "only worth it if the price drops". The point of DCA is to take the guesswork out of investing. Instead of trying to pick the best time to buy, you just buy often, potentially at regular intervals. This is exactly what this person built - a bot to DCA often over the course of a month. You could also choose to DCA once a month of course, but the OP built a bot to DCA very often. People can DCA at whatever interval they wish, and this bot allows them to do it at smaller intervals automatically without needed to log in to an exchange constantly. It's a great idea. The only problem I'd have with it is you'd just have to keep track of the cost basis for many many many transactions for tax purposes when you one day sell or spend the Win9999 in the future, so for that reason I certainly wouldn't want to be buying every minute or hour or even day, but some people might not mind that accounting headache.