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DCA Bot
Our Dollar-Cost Averaging (DCA) bot is a trading automation tool used in cryptocurrency markets. It implements a strategy called dollar-cost averaging, where an investor regularly buys a fixed dollar amount of a cryptocurrency at predetermined intervals, regardless of its price. The DCA bot automates this process by executing these periodic purchases automatically. The goal of DCA is to reduce the impact of market volatility on an investment by spreading purchases over time and potentially benefiting from lower average prices during market downturns. The DCA bot helps investors stick to this disciplined approach without needing constant manual intervention.