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re: Crypto Trading Bots
Posted on 11/1/21 at 2:27 pm to mach316
Posted on 11/1/21 at 2:27 pm to mach316
quote:
With a small bank roll, a $10 buy in and $10 safety orders will still make money.
What's your definition of a small bank roll? I know nothing about this but am intrigued. How much funds would I have to start with to make enough profit to justify the cost of a 3commas subscription? $1,000? $5,000?
Posted on 11/1/21 at 2:46 pm to Mark Makers
200 bucks a day would get you 4000/mo. More actually with the weekends. I would take that
Posted on 11/1/21 at 4:31 pm to Mark Makers
quote:
What's your definition of a small bank roll?
3 Comma's actually has a free version that you can trade from. You can make one composite bot that allows you to trade 5 different cryptos. This is how I started just to see if it worked. As far as the amount of money depends on how many safety orders you will be comfortable with.
In this scenario, this bot could ultimately cost you $136 if it completely maxed out. Of course the returns wont be mind blowing, but if you have a bunch of them running, you could make decent money. Again, the odds of all your bots filling all the safety orders at one time is slim.
Buy order $10
Safety order $10
Number of safety orders at 10 with a price deviation at 2.5%
Safety order volume scale at 1.05
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