My First Month Using a Trading Bot on Bittrex & Binance AMA

in bitcoin •  7 years ago 

What UP Steemians!

I feel like it is time for me to make a written post that will actually give some value to everyone in the Crypto Community. I am going to start out by saying that I am open to all of the criticism i will receive and am by no means an expert and learn ALOT every day in this space and still feel like I am Jon Snow and KNOW NOTHING.

The reason for this post is to share the success I have been having recently with Trading with a Bot called Profit Trailer. Here is the quick rundown

CURRENT COMPATIBLE EXCHANGES: BITTREX, BINANCE, POLONIEX

CURRENT MARKETS: BTC, ETH, USDT, BNB

BUY STRATEGY: This bot uses different strategies like LOWBB, EMAGAINm EMASPREAD & a few others to make trades and then uses DCA Averaging to remain profitable if the coin drops further. IT then automatically selects the best pairs on the exchange based off of the parameters you set in the config file. (YOU CAN DO ALOT CUSTOMIZING HERE I MEAN ALOT)

DCA: The bot then uses Dollar Cost Averaging to keep the pairs in a range where they can remain profitable on a bounce.

SELL STRATEGY: You can then tell the bot what to percentage gains to sell at that includes the exchange fees.

TRAILING PROFIT & BUY: The reason this bot works so well is it trails the values you set up and down allowing you to catch trends and follow them up and down while buying.

Now if you can’t tell already I am sadly not the best with writing things however I did want try and use the profit format here to help others learn more about this bot.

I have been making about .01 BTC per day with this on average recently and have a Youtube channel where I share my journey from Day One (Currently about 38 days in) and have been tweaking this for the community to help others make money on micro trades, if you are a visual person you can check out my most recent video here:

Here is a link to the Profit Trailer Website : https://profittrailer.io/pt/CryptoGnome/

I give links for free settings in my videos and version control them so you can see what adjustments I make and we have about 1000 people using the Bot in our discord.

Now alot of people have said why not just buy and hold, and what I say is yes you should do that as well because it works, however this method works too and grows your BTC, ETH, or USD.

It is just another tool that you can use if you are into crypto and in my experience it has been very fun to automate something and tweak it to where I see profits!

Please ask me anything in the comments and I will do my best to answer every one today!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

these paid system are for desperate people.. btw how much do you earn from giving links?

good question :P

Seems interesting! Resteemed your post!

Thanks!

hi @treasuregnome
I am always interested in Automation, but I have a clear query to you.

  1. Is bot trading is safe ?? i mean risk of getting lose/hack of funds through API
  2. Is there any minimum value to start trading with it.