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Started By
Message
re: Crypto Trading Bots
Posted on 2/9/22 at 4:20 pm to Rust Cohle
Posted on 2/9/22 at 4:20 pm to Rust Cohle
quote:
I had about half of mine take profit this week, other half still 20% out. I moved all my volume scales to 1.1, and order scale to 1.05, this will sustain a 33% drop.
You could just cancel the bot deals that are stuck.
Start fresh with new deals
The holdings from the cancelled bot deals will remain on whatever platform you use.
Pros:
you start fresh and get bots earning again
you add to your crypto portfolio
Cons: will lower your available cash if that’s an issue
1
Posted on 2/10/22 at 9:50 am to tigercraig
I’ve done that before. I moved them to smart trades so it wouldn’t effect my overall bot profit, which is really just tricking myself. I say this is better than just holding from the top.
Say If I have 5k 20% out, if I just wait to TP, my profit will be1k, if reset my bots, and I make $15 a day, it would take 65 days to break even. $30 a day 33 days. Which one is more likely? Also could just continue to add funds and dca.
If I would of closed and restarted my froze SOL bot 18 days ago at the bottom, I would have made,speculatively $100-$200, but I did nothing and the bot is up 30% or $300 from a $1000 bot , so the right decision was to do nothing. If I would have bought $500 at the bottom the deal would have closed.
With out taking into account any technicals, maybe the best thing is to DCA down to 20% then every additional 10%
Say If I have 5k 20% out, if I just wait to TP, my profit will be1k, if reset my bots, and I make $15 a day, it would take 65 days to break even. $30 a day 33 days. Which one is more likely? Also could just continue to add funds and dca.
If I would of closed and restarted my froze SOL bot 18 days ago at the bottom, I would have made,speculatively $100-$200, but I did nothing and the bot is up 30% or $300 from a $1000 bot , so the right decision was to do nothing. If I would have bought $500 at the bottom the deal would have closed.
With out taking into account any technicals, maybe the best thing is to DCA down to 20% then every additional 10%
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