Find quick answers below.
Coinbase Advanced Trading support coming soon. For now – Navigate to Coinbase Pro and login using your normal Coinbase credentials. Click API from the profile icon in the top right to get started. Full video instructions below.
DCA is an investment strategy where you make relatively small, planned purchases of an asset at specified intervals. This makes DCA strategies great at reducing timing risk, which is the likelihood you’ll invest all your money into a coin right before its price falls. It also smooths out volatility swings by averaging your investments over time, which anyone in the crypto space will know can be quite dramatic!
Satoshi’s Index is not a custodian. We do not hold or sell any crypto currencies. Instead, Satoshi’s Index tracks the most popular crypto currencies on the largest exchanges. The algorithm uses trading volume as a key indicator to determine the top 10 most popular coins from the past month. These coins can be automatically purchased in your exchange account using our automated DCA trading bot. Trading volume is used as a key indicator because it is a forward looking indicator of future success vs. market capitalization which is a historical indicator of success. We have extensively documented this strategy on medium.
Satoshi’s Index is initially compatible with Binance, Binance US and Coinbase pro.
Looking up the top coins every month and executing trades requires time. If you have the time and the dedication, you can certainly do it yourself. Many exchanges offer a recurring buy feature that allows you to purchase coins every month, but this is not entirely set it and forget it because the most popular coins will change on a monthly basis. Knowing when to sell is another challenge that Satoshi’s Index automates.