quote:
Forgive my naivety on this, but I didn't even know such things existed until I read about it here.

Couple of (probably dumb) questions: What kind of capital are you investing into the 51 bots you are running to reach those returns? How much are you paying in fees per month/transaction/whatever?

Obviously, it has to be an extremely volatile space with at least some risks, but that's basically a $100K/year cash cow at those rates.

Replicate that for a few years, and this old cowboy would just go ahead and retire.

To be honest, I didn't know this existed either until I stumbled upon the Trade Alts videos. He explained it so well, I figured I would give it a shot for a few weeks. I used the free plan and made 1 composite bot with 5 cryptos. I put in 5k to start. Even with 5 bots I was making money so added another 5k, then another. It was working just as advertised. I sent it to a buddy of mine and told him to check it out. I wanted him to show me what the "catch" was. After a week or so he was convinced, like me, that this was legit. The only way I see losing a dime, is if cryptocurrency completely collapses. I don't care what the price of crypto does. I will make money on the up and down movements they make.

Ultimately I sold some crypto to fully fund these things where I could run 50+ bots. I think I was dealing with about 70k. Since I've started, I have made almost 28k in REALIZED gains. Could I have held my crypto and made more? Yes, but would I have sold it to realize those gains? Nope! This takes all the guesswork out of it. Takes stress off me when I see bitcoin go up 10% and retrace 10%, and I didn't make a dime.

You don't need a big back roll to start this. You wont get rich over night. This is a steady stream of money that you can pocket, or make more bots with. I have friends that are using the free service, and make profits every single day. Most have gone on and bought the program, and are building up a nice number of bots. If you try it, you will see the first morning you wake up with cash that was made while you were sleeping, you will know its legit. Bots run 24/7/365 unlike the stock market. Lots of time to make profit.

About the fees, Bincance US has 0.1% spot trading fee.
The only issue with this whole system is the short term gains tax implications. I'll leave that up to a professional.