Day 141 Bitcoin Trading Bot Results
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Day 141, DOWN $1,334 on yesterday
In this video, I give an update day on the profits that online bitcoin trading bots are making me.
In 2 months, they have doubled my investment of $6k into $12k, on autopilot with minimal input from me.
I am not a trader and this is NOT financial advice. I’m just a normal guy.
Automated cryptocurrency trading Bots are like programs, they buy and sell bitcoin, ethereum, litecoin and other cryptocurrencies based on a fixed set of rules.
Using trading bots is like having a pro trader doing the trading for you while you sleep.
I started with my own money, $6k at the beginning of February 2022 and my balance grows daily.
If you are interested in bitcoin crypto trading bot platforms then check it out. I hope you find it entertaining.
I use CryptoHopper, 3Commas, Binance & Bitsgap to run the bots, there are links below you can use to get started.
Thanks for watching…
See you tomorrow.
Binance 10% discount..
CryptoHopper – start here
30% DISCOUNT CODE – SUMMER
Profit Hero Strategy –
Profit Hero Signals –
Profit Hero Template –
CryptoHopper config setup –
Spreadsheet I use :
3 Commas, trading bot.. 10% discount with this link….
Bitsgap – Grid trading bot – start here
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Vídeo
How much more can I take?
update?
A lot of people make good money of bots, unfortunately the bot traders don't.
Hey man, hows your bot doing?
how the free version of DEX is doing?
Making Dex look pretty ordinary. They should pay you a ton to take them down.
meh… It'll bounce back.
Yes, is sad. But trading altcoins is already 2 weeks not possible. If BTC can hold his price, it can soon rice again. If he lose the current level, it can drop far, incl. your altcoins. Don´t sell, wait until BTC starts to rise again. I use the XXXup and XXXdown coins on Binance. When by example BTC go´s down the BTCDOWN coin go´s up. On june 16 i did take a position on BTCDOWN. Today 21 june i made a profit of 70%. In the meantime i did nothing. Becouse as long BTC go´s down the BTCDOWN coin go´s up. Important is that you use a stoploss, because when you win fast, you lose faster. Stoploss you can set in the smarttradefunction from 3commas. SL must be always a marketorder, very important. They have 16 UP and DOWN coins, but recommanded is the BTCup/downcoins. I could do it with AAVEDOWN, i should have 126% now in the same timeframe. But altcoins are moving a lot, one spike down and you are out. BTCDOWN is the most save to play. The fee for this coins is higher, 0.1% to buy, and 0.1% to sell. In the main time you pay 0.01% a day as long you are holding the coin. But this is nothing if you compare how many you can earn. Just try it out, place a trade for $12,50 when you see BTCDOWN is dropping to a level what he has before. Use candels from 15 minutes. Use 10% Stoploss, just to see how is working. If you use $12,50 and you are stopped out, you stil have more than $10 wich is enough to sell the coin. I use a high amount with my trades, so i use between 1 and 3% SL. Never use 10% when you use high amounts, but try it out. You wil not die from $12.50 i think. If you have experients, you can always starts with higher amounts.
You say in one of your video´s, trading is not for me, i can´t. But i am sure you can, but you need to learn first. Just look to previously price actions, draw lines and start trading. Don´t use all that tools, they never don´t know what the price will do. Let me know in your next movie if you did try. I can always help you if you need…. (for free ofcourse 🙂
I'm interested in mining. China is kicking them all out opening up a lot of room to profit from mining.
I'm checking out market neutral trading. Not a huge amount of jnfo, and I'm not even sure if I can get it into a bot, but basically you find correlated pairs. They move at the same time. You then put them into trading view and work out a ratio which gets plotted as candle sticks. You then use Bollinger bands to do the buy and sell. Basically you buy one coin and sell the other. With stop losses you nearly allways have a winner. Just don't know how to put it in a bot.
Yeah, good to cut your future losses since bots aren’t working well in the current market and the outlook is bleak. I came to the same conclusion to pack up my bots over a week ago. It appears that ProfitHero excelled at capitalizing on trending euphoria in crypto and finding the best bargains in altcoins earlier this year, and died when everything went sideways and downwards. I found that the only way to make money in this market (especially without margin futures in the US) are quick duration, long manual entry scalping trades. I trade on BTC/ETH/DOGE to USD and let cryptohopper manage the exits (trailing stops starting at 1%, taking profit at 4%, stop loss at 1%, averaging around 7-10 minutes in trades) and I’ve just about covered my losses from last month. Plenty of action and profit to be accumulated from all of the fear and volatility , but certainly not automated nor easy as a bot. Maybe when the crypto winter is over I will fire up profithero again. Good luck and I hope you come up with something interesting!
Is it not time for cryptohopper (or any other bot)?
yeah, I am back to no bots, and no auto trading, except for auto selling if it hits a price. For example, I bought 1,000 usd of dogecoin, and set a sell price of .01 cent higher. I get 50.00 profit with each trade. Whereas a month go, I was holding the trades for at least 6% or more profit each time. I made it through 2017, we can make it through this one 🙂