Best Crypto Trading Bot 2022: Kucoin Scalper Bot vs The Plan Standard Bot
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What is the best Crypto Trading Bot 2022? The New Kucoin Trading Bot or Dan Hollings The Plan Standard Crypto Trading Bot?
Vídeo
I think you may be using the scalper bot incorrectly. The pairs you are using may be too volatile, and your losses could be due to trailing down bringing down the value of the pair.
I believe you should use for a very, very stable pair. Say a Fiat Vs USDT. And I hasten to add, maybe choose a Fiat other than USD, as it's pegged to USDT. Try EUR or GBP. Trailing down doesn't matter as much, as both currencies are always in demand, and there is only so far your Fiat or USDT will go (i.e not as far down as Crypto can go).
Scalpers work on Kucoin as this exchange operates with one more decimal place vs. other exchanges. So Kucoin can pick up variations to the thousandth of a currency and the scalper leverages those tiny variations to buy and sell, which a standard bot might not detect.
Bitsgap is likely operating this bot free because the scalper has a limited effective range of use. The most obvious use is, say, on the 5-bot Bitsgap account, you use your main 5 bots with highly volatile pairs. Then you use your free scalper bot to basically earn long-term interest on your Fiat Vs USDT that you are accumulating, without wasting a standard bot, or worrying about how much a trail down will affect the pair value.
Give it a go!
When do we get a face reveal???
what about the fee bro??
Hey, do you have any idea why dan hollings uses so many gridlines for normal bots? I mean when you do backtesting, the sweetspot is mostly around 20-30. makes no sense to me to use 100
Another question I have is since Kucoin has 4 of 5 types of Bots including Spot Bot, why do we need to pay Bitsgap for their Plan. I am playing with the Bots inside Kucoin and if you go into Detail settings, you can choose some of the similar settings as the Bitsgap Bots can do. So, I am thinking in stop paying Bitsgap next month. What do you guys think?
Hi there, great video. Thank you. Hey. I also bought The Plan, and I really liked at first. I even had up o 9 Bots running until about 2 weeks ago, when the crypto market. crashed and I lost about $7k in 1 week. I made about 9K or 10K with my Bots in about 2 months, but honestly, I got real luck with 1 coin that moonshot in 2 days and I sold for a profit of about 7K in 2 days. Anyway, I like The Plan but I think that the Dan's setting is a bit too generic. To me, certain coin pairs should be adjusted to different Bot settings, not all coin pais are the same. But most importantly, is the choose the right coin pair at the exact low price and when to start a new Bot with the specific setting. I am taking a break from Bots for a few days.
Thank you for the comparaison. Been following for a while. Where can we see the best settings for a regular bot. After watching your videos, i stopped my scalper bot and want to do a regular bot. Can you recommend settings?
I want to see a video of bitsgap sbot the plan settings verses 3 commas dca mars settings or strong uptrend TA settings a lot of people have been profitable with those bots.