The Doge & Shib Profit Balancer strategy is a cryptocurrency trading approach that leverages the volatility of the Dogecoin and Shiba Inu coin pair on the Binance and Kucoin exchanges. This coin pair is exclusive to these two exchanges, making it a great choice for traders who love both of these memecoins and want to trade them exclusively.
The strategy uses a range-scalping technique to capitalize on small price movements and generate profits. This involves constantly monitoring the price movements of both coins and automatically adjusting the portfolio to maintain a specific ratio of holdings.
When the price of Shiba Inu increases beyond the automatic determination of the strategy, a portion of the Shiba Inu holdings is sold, and the proceeds are used to purchase additional Doge coin holdings. Similarly, when the price of Shiba Inu falls below the automatic determination of the strategy, a portion of the Doge coin holdings is sold, and the proceeds are used to purchase additional Shiba Inu holdings. This approach helps to maintain a balanced portfolio and increase the overall value of both assets over time.
The approach is unique in its focus on balancing the holdings of Doge coin and Shiba to optimize returns and minimize risk. The advanced algorithms used in the Doge & Shib Profit Balancer strategy automate trading decisions, making it highly efficient.
The range strategy used by the Doge & Shib Profit Balancer allows traders to make the most of the ups and downs in the prices of Doge and Shiba Inu coins. It’s like playing a game of “buy low, sell high” where you can make money when the prices of these coins go up and down within a specific range. By using this approach, traders can take advantage of the natural price movements of these coins while minimizing their risks.
This strategy comes with built-in features, including:
Take profit
Bot parameter for closing a position automatically when a desired profit is achieved.
Stop loss
Bot parameter for limiting losses by closing a position automatically if the market falls.
Trailing profit
Bot parameter for following market trend and exiting trade when trend reverses.
Shib 
Binance
Kucoin
