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wyckđź“´
@wyckoffweb.eth
Everyone is excited about @MagicNewton’s recurring buy agent, and for good reason. It automates your DCA, runs onchain, and fits perfectly into the AutoFi narrative. But let’s slow down a bit. There are a few important limitations I think should be added to make it better: ✅ No Market Awareness Agents don’t adjust based on market conditions. Whether the token is up 20% or down 30%, it executes blindly. No smart dip-buying logic yet. ✅ No Price-Based Logic You can’t say “buy $KAITO only if price drops below $0.20.” It’s fixed-time DCA, not conditional logic. ✅ Slippage and High Gas Since everything happens onchain, you’re exposed to high gas fees and potential slippage, especially on volatile tokens or low-liquidity pairs. ✅ No Error Handling Yet If a transaction fails due to price impact, low gas, or any execution issue, there is no retry mechanism built in. You simply miss that buy.
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wyckđź“´ pfp
wyckđź“´
@wyckoffweb.eth
Magic Newton is clearly pushing boundaries. But if they can evolve this agent to include smart triggers, fallback logic, and better control, we might just be witnessing the future of autonomous investing. It’s a strong start to something much bigger.
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