Bag Holding Liquidation

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This Strategy is a very unique one that can be used if you are lucky enough to be in the situation where you have a ton of an altcoin, but if you try to liquidate your position, you will kill the market and cause a ton of slippage. This strategy basically automates the liquidation at a very low speed and over a long period of time, as to not disrupt the market.

Settings

Bag Holding Liquidation.png

Usage

This setup is rather easy and it requires the Force Bot to Bought Position Safety, the Blind Indicator, and (optional) Cancel Order After X Minutes Insurance. Basically, you want to change the Blind Indicator time interval to like 30 minutes to 120 minutes, so that the bot slowly sells a small portion of your holdings at the market value. You will want to change the amount to something very small, like 0.5% to 1% of the altcoin you are loaded with. Once activated, this Trade Bot will slowly sell your stack at the market price without crashing the market and allowing you to get the most out of your "bag."