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Started By
Message
re: Crypto Trading Bots
Posted on 1/7/22 at 9:34 am to LSUStjames
Posted on 1/7/22 at 9:34 am to LSUStjames
How often do these execute?
2
Posted on 1/7/22 at 2:02 pm to horsesandbulls
Some will go days with no trades. Some will have 10 trades a day.
Posted on 1/7/22 at 3:07 pm to auisssa
@auisssa, oh yeah for sure. I was asking specifically about the ones with the settings he was talking about. 50 Bo and 60 so with 2% tp.
Mine are 20 Bo and 40 so with 1.25% and they go off all the time when there isn’t an market wide drop.
Mine are 20 Bo and 40 so with 1.25% and they go off all the time when there isn’t an market wide drop.
Posted on 1/10/22 at 9:48 am to horsesandbulls
Sorry @horseandbulls. Consider this a bump for you to get an answer.
And these bots are eating into my cash...lol Ready for a turnaround.
And these bots are eating into my cash...lol Ready for a turnaround.
Posted on 1/10/22 at 10:12 am to horsesandbulls
So far it looks like the right play. I took my top performing pair (Flux_USDT) and did this one first. I've made more in the last few days then I did in the last months from a net profit perspective. The other pair I choose (BAT) sunk with the market, so I reversed bot. That is working pretty well as well as it's now making money again. I'm just not clear on overall profit doing that as the Bot was down -30 before I reversed it. I'm assuming that bot needs to make 30 in profits while reversed for me to break even there.
Posted on 1/10/22 at 3:49 pm to LSUStjames
quote:
so I reversed bot.
Interesting. Talk through that proces if you don't mind.
quote:
I took my top performing pair (Flux_USDT) and did this one first.
I mine both of these and FLUX is outperforming all of those
Posted on 1/12/22 at 8:19 am to auisssa
Happy to see many of these coins recovering. I had maxed out safety orders on most of my bots, but finally had a couple recover back and reach my take profit threshold.
Posted on 1/12/22 at 2:38 pm to BillyOceans11
how much do you have to park for it to be worth it?
Posted on 1/12/22 at 3:39 pm to bobaftt1212
you could probably do well with 10-15k. the more the better. The trading alts guy started with ~35ish and was showing that he cleared 15k a month. on that. Granted his videos were in a much better crypto market than is going on right now: my guys have been dead for hte last 2-3 days.
That being said im averaging about 4 bucks a day since 1/1 on about ~2800 in cash. If that average holds and I add nothing, its 1,460 for the year.
subtract out the hard costs of 300 for the 3commas subscription and another 300 for the required tax report that will list all the trades for the IRS and I could net about 30% on my 2800 in a year.
when the crypto market starts back up (had some bots wake up today, so that's a good sign) I can hit 15-20 bucks a day.
Still have some tweaking as I think I have too many bots for the amount of money I have available. With fewer bots, theres more $ for them to buy and not get locked down the way they have been.
Higher risk than stocks as its crypto, but YMMV.
That being said im averaging about 4 bucks a day since 1/1 on about ~2800 in cash. If that average holds and I add nothing, its 1,460 for the year.
subtract out the hard costs of 300 for the 3commas subscription and another 300 for the required tax report that will list all the trades for the IRS and I could net about 30% on my 2800 in a year.
when the crypto market starts back up (had some bots wake up today, so that's a good sign) I can hit 15-20 bucks a day.
Still have some tweaking as I think I have too many bots for the amount of money I have available. With fewer bots, theres more $ for them to buy and not get locked down the way they have been.
Higher risk than stocks as its crypto, but YMMV.
Posted on 1/17/22 at 9:21 am to horsesandbulls
Anyone want to assist me with setting up a Bot?
I have my Coinbase Pro account linked to my 3commas account, but am not sure how to get the DCA Bot started. I added one of the preset ones, but then started to get some errors so I just deleted it. Is there a step that I'm missing?
I only a few hundred in there, so this isn't a gamble my savings situation, I want to learn more and invest in Crypto.
I have my Coinbase Pro account linked to my 3commas account, but am not sure how to get the DCA Bot started. I added one of the preset ones, but then started to get some errors so I just deleted it. Is there a step that I'm missing?
I only a few hundred in there, so this isn't a gamble my savings situation, I want to learn more and invest in Crypto.
Posted on 1/17/22 at 10:19 am to LSUSUPERSTAR
watch the trading alts videos before you set one up. it will explain how all of this works.
Posted on 1/18/22 at 4:31 pm to mach316
I’m starting to think that if these bots get out of range by more than 5% they’re not set up right.
I have a KSM bot right now that is 4.25% out of the money, with 15 of 20 safety orders here daily low and last SO was 2% lower . Safety order scale is 1.07, might need to bump that up to 1.1 to keep it closer to an all time current price.
I have a KSM bot right now that is 4.25% out of the money, with 15 of 20 safety orders here daily low and last SO was 2% lower . Safety order scale is 1.07, might need to bump that up to 1.1 to keep it closer to an all time current price.
Posted on 1/19/22 at 12:34 pm to Rust Cohle
I’ve peaked in this thread a few times out of curiosity and always wondered if those who have bots running also hold long. Seems counterproductive - I feel like this widespread use of bots has probably negatively price appreciation, but could be wrong.
Posted on 1/20/22 at 3:08 pm to horsesandbulls
So with the crypto markets sorta down right now, I'd assume its a good time to start up and fund some bots? Or wait till we start getting more activity/volatility?
Posted on 1/21/22 at 7:07 am to TigerDeBaiter
quote:
Widespread use of bots
I don’t think it’s widespread. I’ve spoken to several people who would consider themselves crypto experts and they didn’t know these were a thing.
I’m also long on btc, buying weekly, and xrp, bought 1500 coins around .60 so I’m holding until the lawsuit is over.
Everything in crypto is ok to lose money for me.
Posted on 1/21/22 at 8:27 am to LSUSUPERSTAR
quote:
Anyone want to assist me with setting up a Bot?
Ditto.
Who can I pay to set me up a bot?
Posted on 1/21/22 at 4:57 pm to PappyPops
quote:
with the crypto markets sorta down right now, I'd assume its a good time to start up and fund some bots?
I feel like a dummy reading these threads.
Posted on 1/23/22 at 8:13 pm to mach316
Is the Coinbase pro API creation broken?
When I get the key I only get a secret key and 3 commas wants both. Am I doing something wrong? Thanks
Got it. Ignore this.
When I get the key I only get a secret key and 3 commas wants both. Am I doing something wrong? Thanks
Got it. Ignore this.
This post was edited on 1/24/22 at 7:27 am
Posted on 1/23/22 at 10:13 pm to LSUStjames
quote:
So far it looks like the right play. I took my top performing pair (Flux_USDT) and did this one first. I've made more in the last few days then I did in the last months from a net profit perspective. The other pair I choose (BAT) sunk with the market, so I reversed bot. That is working pretty well as well as it's now making money again. I'm just not clear on overall profit doing that as the Bot was down -30 before I reversed it. I'm assuming that bot needs to make 30 in profits while reversed for me to break even there.
Can I just give you my password and you set this up for me?
Posted on 1/24/22 at 8:25 am to supadave3
I just reversed my bots to shorts with a stop loss that will stop the bot. Its a fun money account im just learning on but im now making money again.
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