Step 2: Enter SOL Amount to Invest
Last updated
Last updated
The next step is to specify the amount of SOL (Solana) you want to invest per trade. This is the amount that CodeGreen will use for each trade it makes, and you can choose an amount between 0.01 SOL and 0.1 SOL.
Minimum Amount: 0.01 SOL – Ideal for cautious trades or testing the bot’s performance with minimal investment.
Maximum Recommended Amount: 0.1 SOL – Higher investments per trade can carry greater risk due to market volatility, so we suggest not exceeding this amount per trade.
Starting Balance: We recommend having at least 1 SOL in your wallet when you start trading. This ensures you have enough balance to cover multiple trades, transaction fees, and any unexpected fluctuations in the market.
When prompted, enter the amount of SOL you want to allocate per trade.
CodeGreen will use this amount for each token migration it snipes, based on your chosen filters and strategies.
Example 1: Conservative Approach
Amount per Trade: 0.02 SOL
Total Wallet Balance: 1 SOL
In this example, the bot will use 0.02 SOL for each trade. With a 1 SOL balance, this setup allows CodeGreen to execute up to 50 trades (excluding transaction fees). This approach is ideal for starting small and testing the bot’s performance over multiple trades without committing too much to each one.
Example 2: Aggressive Approach
Amount per Trade: 0.1 SOL
Total Wallet Balance: 1 SOL
Here, CodeGreen will use 0.1 SOL for each trade. With a 1 SOL balance, this setup allows the bot to perform up to 10 trades before needing a balance top-up. This approach is more aggressive, as each trade uses a larger portion of the wallet balance, potentially leading to higher gains or losses depending on market performance.
By carefully selecting your SOL amount per trade, you can manage your risk and trading frequency to align with your goals and comfort level. Once you’ve entered the amount, CodeGreen is ready to begin trading based on your setup!
