Benjamin Cowen, one of my favourite YouTube influencers explains in a recent video how it was to ride Cardano in 2018 when after an 85% dump he had to stomach another 65% additional drop in the price followed by sideways bearish movement for more than a year before experiencing 4000% increase in the following years.
How different would it have been for him if he was running a 3commas DCA bot?
Let’s look into this not just from the performance perspective but also from the risk management and drawdown philological side of it: assume you invest heavy and you don’t have a crystal ball to know the future!
But why not, can we match the performance of his buy-hold ride? can we….outperform it? how!
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You can watch the original video from Ben here: https://www.youtube.com/watch?v=mjl6HY7J3VM
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