🟢 Spot Grid Trading
🔍 What it is:
Spot Grid Trading involves buying and selling the actual cryptocurrency, such as MANA, SHIB, or ETH. It uses your available balance to automatically buy low and sell high within a pre-defined price range. Importantly, when you use Spot Grid Trading, you own the underlying asset.
✅ Best for:
Beginners
Those who want to hold coins long-term
Those who prefer lower risk and want to avoid liquidation worries
💡 Example:
Let's say you set up a grid trading bot for MANA with a price range between $0.40 and $0.80:
The bot will automatically buy MANA at prices like $0.40, $0.45, $0.50, and so on.
It will then automatically sell MANA at prices like $0.60, $0.65, $0.70, and so on.
This allows you to profit from the price fluctuations of MANA within your chosen range, while still holding onto your MANA.
⚠️ Risks:
If the price of the asset falls below your lowest grid price, the bot will stop trading, but you will still hold your coins.
Spot Grid Trading doesn't use leverage, meaning your gains will likely be smaller, but so will your potential losses.
