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re: Crypto Trading Bots

Posted on 11/10/21 at 3:55 pm to
Posted by mb810
Member since Dec 2011
258 posts
Posted on 11/10/21 at 3:55 pm to
I’m out of funds already. Guess I’ll just wait
Posted by LordSaintly
Member since Dec 2005
40702 posts
Posted on 11/10/21 at 4:07 pm to
quote:

I’m out of funds already. Guess I’ll just wait


Same. The profits will be good on the rebound though.
Posted by TomSpanks
Baton Rouge
Member since Dec 2005
1202 posts
Posted on 11/10/21 at 4:13 pm to
Yep, I'm out of funds too.
What's the strategy here? I'm thinking maybe closing out everything and take advantage of the ride back up?? I definitely realized I was WAAAAYYYY over extended.
Posted by mb810
Member since Dec 2011
258 posts
Posted on 11/10/21 at 4:17 pm to
Waiting probably won’t kill you. Trying to time it could possibly burn you. This is supposed to be passive so I’ll let it be passive and sort itself out lol
Posted by LordSaintly
Member since Dec 2005
40702 posts
Posted on 11/10/21 at 4:18 pm to
quote:

I'm thinking maybe closing out everything and take advantage of the ride back up??


You could do that. I'm just going to wait until the market comes back. The DCA should give good profits.
Posted by TomSpanks
Baton Rouge
Member since Dec 2005
1202 posts
Posted on 11/10/21 at 4:23 pm to
quote:

Trying to time it could possibly burn you. This is supposed to be passive so I’ll let it be passive and sort itself out lol


Yeah, this is definitely what I should do. I love these bots because they take the emotion out of it, if I close all the deals now and reenter it's basically the same thing as not having bots. Just sucks having no action due to no funds.
Posted by mb810
Member since Dec 2011
258 posts
Posted on 11/10/21 at 4:24 pm to
I had some funds already sidelined in Coinbase (not Coinbase pro) that I ported over to at least take some advantage of the dip. Could be a move instead of selling what you have. Let the bots eat up on some extra fuel
Posted by TomSpanks
Baton Rouge
Member since Dec 2005
1202 posts
Posted on 11/10/21 at 4:27 pm to
quote:

Let the bots eat up on some extra fuel



I realize that's how it's supposed to work, but got too greedy and over extended and now my bots are all starving and I have $5k sitting there waiting for a rebound and it's getting further and further behind. I'll definitely be running fewer bots in the future, this whole thing falls apart if you can't handle an all too common 10-15% dip.
Posted by mb810
Member since Dec 2011
258 posts
Posted on 11/10/21 at 4:32 pm to
Yeah I probably should have started a little smaller instead of coming in hot during a market ATH
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
33000 posts
Posted on 11/10/21 at 5:29 pm to
quote:

Just sucks having no action due to no funds while all of your pairs are 10% in the hole.


Fixed it for you.
Posted by TomSpanks
Baton Rouge
Member since Dec 2005
1202 posts
Posted on 11/10/21 at 6:14 pm to
Good point, but still sucks waiting on the rebound. I've closed one deal since the dip, which was a good one, IOTX was $400+ deep and closed. I had it set to not auto buy even though it has been my best bot, just don't trust it right now.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4898 posts
Posted on 11/10/21 at 6:19 pm to
$319 today. Lots of safety orders being put in atm. I think we will rebound quickly. With bitcoin making new all time highs every couple of days, I'd say momentum is on our side.

Hopefully some of you that are out of funds right now will be patient and let the bots do its thing. Pullbacks are what makes these bots really shine. Usually, I will have my most profitable days after days like today.
Posted by mb810
Member since Dec 2011
258 posts
Posted on 11/10/21 at 6:22 pm to
mach, if you don't mind my asking, what kind of total funds and bot #s are you working with for that kind of profit?
Posted by TomSpanks
Baton Rouge
Member since Dec 2005
1202 posts
Posted on 11/10/21 at 6:35 pm to
quote:

$319 today. Lots of safety orders being put in atm. I think we will rebound quickly. With bitcoin making new all time highs every couple of days, I'd say momentum is on our side.

Hopefully some of you that are out of funds right now will be patient and let the bots do its thing. Pullbacks are what makes these bots really shine. Usually, I will have my most profitable days after days like today.




I was having a great day today for me, up $80, and then the dip. I'm going to wait it out, but have put the majority of my bots in manual so they won't auto buy, have my most reliable ones still set to keep rolling once I get some capital back. And I agree, I think this will be a short lived dip, but I definitely realized I was over extended and need to slow it down a tad until I can build up some more capital to handle these "small" dips. Still love the idea of bots and think that I'm going to end up more heavily invested in them.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4898 posts
Posted on 11/10/21 at 6:46 pm to
I started with 5k, and added another 10k once I saw that it worked. I then made the decision to sell some of my crypto assets to fully fund it. So basically had about 70k initially, and over 3 months it has grown 106k as of today.
Ultimately, when my bots can be fully funded, I will will take the initial investment out, and let the rest ride.

I've always been a HODLer of my crypto waiting on that ride to the moon, but I can't guarantee that that will happen. I know that these bots will pay me in cash every day. Some days, better than others. Ultimately, I want to average $500 a day. Right now I think it can easily be done, at the rate I'm going.

I know most wont have that much money to start, but I believe this is the safest way to play this market. Your money will build over time. Again, I have not lost 1 penny since I've started this. I don't sell for loses or try to get to greedy. I set my bots as safe as they need to be considering the market we are in.
Posted by tigerfan311
Baton Rouge, LA
Member since Apr 2009
875 posts
Posted on 11/10/21 at 6:59 pm to
$438 today. Which includes $30 in losses from earlier today on 4 bots that had been “stuck” since 11/6 and just keeping my funds stuck.

Was rolling until the early afternoon “crash.” Hopeful for tomorrow.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4898 posts
Posted on 11/10/21 at 7:18 pm to
Love to see this! That bank roll of yours is getting fat!
Posted by mb810
Member since Dec 2011
258 posts
Posted on 11/11/21 at 5:45 am to
Patience was key. Woke up this morning and 12/13 bots are active (compared to 3/13 last night). $93 profit since Tuesday night
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4898 posts
Posted on 11/11/21 at 7:17 am to
Easy money
Posted by lsu777
Lake Charles
Member since Jan 2004
35014 posts
Posted on 11/11/21 at 7:25 am to
here is some settings for yall

3Commas Multi-pair DCA bot
-All USD pairs on Coinbase
-5 max active deals, long, profit in USD
-Base order 1000, safety order 1000
-Limit start order type
-1 safety trade, 1 active safety trade, 5% price deviation to open safety order
-Deal start (TradingView custom signal)
2.5% target profit, % from total volume, 0.2% trailing
-No stop loss (can adjust later but do not suggest)


the custom tradingview signal is the free QQE signals

if you are on Kucoin, you can set it up doing BTC pairs.


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