Bitcoin collectors run into problems when it comes to buying at the right time. Without automation, you might be buying higher and losing the ‘dollar cost averaging’ game. SatStacker aims to solve this via a ‘smart timing’ algorithm that takes human error out of the equation. Let’s take a look at the app and see what SatStacker has to offer.
Initial Impressions
SatStacker can be accessed via a web browser or by downloading the app on your phone. It’s available on the Play Store and the App Store.
After a quick search, the app was downloaded. It’s worth noting that, though there are similar apps, SatStacker has some unique features that separate it from the rest.
The SatStacker Experience
SatStacker has a clean and simple interface that’s surprisingly uncluttered. When exploring the app, I found that it’s easy to navigate and got quickly accustomed after just a few minutes.
The most interesting feature is the ‘smart timing’ algorithm, which lowers the risk of static timing. It’s when you feel the need to top up your Bitcoin only to see the price dip a few hours later. SatStacker solves this by automating the trades and therefore, giving you more bang for your buck.
Another interesting thing is that the app or tool does not hold your Bitcoin. It doesn’t act as a wallet either. It runs in the background, acting as a mediator to your Strike account. That said, you can withdraw and complete actions on your Bitcoin any time.
The app also shows you a dashboard and extra ‘sats’ that you’ve gained versus a non-optimized DCA plan. This is great news for HODLers (hang on for dear life) and those who intend to invest in Bitcoin for a very long time.
SatStacker- Download or Not?
All in all, SatStacker has some interesting features not found in other apps. The ability to set a budget and auto-buy Bitcoin is a game-changer because you’ll free up your time for other important things. Furthermore, you can optimize your investment with just an app and reduce the risk of human error, which is a common problem people experience.
