What Ive learned after coding a crypto trading bot

D

Deleted member 51358

broken but not destroyed
Joined
Nov 9, 2023
Posts
32,908
Reputation
58,787
It seems to only be profitable when bitcoin is at its highest liquidity which is at about from 8 am to 4 pm after that is levels off capping out at around .3% to .7% profit for the day

@Gengar
 
  • +1
  • Woah
Reactions: R@m@, Hector, eduardkoopman and 7 others
It seems to only be profitable when bitcoin is at its highest liquidity which is at about from 8 am to 4 pm after that is levels off capping out at around .3% to .7% profit for the day

@Gengar
0
 
  • +1
Reactions: Pay
trade niggercoin instead
 
  • JFL
  • +1
Reactions: R@m@, Pay and Deleted member 51358
That’s pretty impressive though. What’s the profit margin like overall, and then if you just isolate those hours?
 
  • +1
Reactions: Pay
That’s pretty impressive though. What’s the profit margin like overall, and then if you just isolate those hours?
If I just let it run for the day it will drop to .1 to .2% for the day so I just plan to run it only when bitcoin is at its highest liquidity
 
  • +1
Reactions: Pay
Even a 1.001 return is pretty good actually that’s 44% annually. Wow that’s quite impressive.
 
  • +1
Reactions: Deleted member 73697, Hector, Pay and 2 others
what language, python i guess?
 
  • +1
Reactions: Pay and st.hamudi but 6‘5
It seems to only be profitable when bitcoin is at its highest liquidity which is at about from 8 am to 4 pm after that is levels off capping out at around .3% to .7% profit for the day

@Gengar
Share the bot bro 😏
 
  • +1
  • JFL
Reactions: Pay, coispet and Deleted member 51358
It seems to only be profitable when bitcoin is at its highest liquidity which is at about from 8 am to 4 pm after that is levels off capping out at around .3% to .7% profit for the day

@Gengar
Mirin bhai, are you gonna invest now?
 
  • +1
Reactions: Pay and Deleted member 51358
Too high iq for me
 
  • +1
Reactions: Pay
Even a 1.001 return is pretty good actually that’s 44% annually. Wow that’s quite impressive.
Its giga lifefuel for me, Im tired of being a brokie. But I have no money to invest, I live with my parents and am unemployed I plan on getting a job soon
 
  • +1
Reactions: Hero of the Imperium, Pay and Deleted member 55314
It seems to only be profitable when bitcoin is at its highest liquidity which is at about from 8 am to 4 pm after that is levels off capping out at around .3% to .7% profit for the day

@Gengar
now imagine what kind of money do you need to at least afford basic living off of this passive income
 
  • +1
  • JFL
Reactions: Pay and Deleted member 51358
Its giga lifefuel for me, Im tired of being a brokie. But I have no money to invest, I live with my parents and am unemployed I plan on getting a job soon
If its legitimate and consistent then that's huge. If you stay at home and don't spend on food or rent you could probably snowball pretty hard
 
  • +1
Reactions: Hector, Hero of the Imperium, Pay and 1 other person
now imagine what kind of money do you need to at least afford basic living off of this passive income
not a lot actually, if the bot actually makes that much it's a very very high yearly return.
 
  • +1
Reactions: Pay and Deleted member 51358
not a lot actually, if the bot actually makes that much it's a very very high yearly return.
but lets not forget that if bot from some nigga from .org makes this %, its means that this nigga is smarter than multimillionaires and billionaires because they would print millions a day with it and i doubt that happening

not denying ofc but very highly doubting
 
  • +1
Reactions: Hector, Pay, Deleted member 51358 and 1 other person
but lets not forget that if bot from some nigga from .org makes this %, its means that this nigga is smarter than multimillionaires and billionaires because they would print millions a day with it and i doubt that happening

not denying ofc but very highly doubting
agreed, that's why I keep qualifying if its real

if you're making a trading bot on your own you're going up against blackrock and the other 80000 companies like it making algos
 
  • +1
Reactions: Pay
but lets not forget that if bot from some nigga from .org makes this %, its means that this nigga is smarter than multimillionaires and billionaires because they would print millions a day with it and i doubt that happening

not denying ofc but very highly doubting
agreed, that's why I keep qualifying if its real

if you're making a trading bot on your own you're going up against blackrock and the other 80000 companies like it making algos
There a chance it could lose alpha as time goes on which is what I’m afraid of
 
  • +1
Reactions: Pay
millions a day with it and i doubt that happening
agreed, that's why I keep qualifying if its real

Not necessarily liquidity decreases the more money you have, my strategy might not scale if you were to use billions of dollars.

It also only works only on bitcoin as it depends highly on liquidity and relatively volatile prices. I tried running the bot on solana but the bid ask spread on it was so large that I couldn’t make a profit.

The bid ask spread on bitcoin is very small and at times is nearly non existent.
 
  • +1
Reactions: Pay and Lethbridge
don't spend on food or rent you could probably snowball pretty hard
My parents do that for me, neet benefits innit. I’m getting a job soon. Will start applications today.
 
  • +1
Reactions: Pay
Its giga lifefuel for me, Im tired of being a brokie. But I have no money to invest, I live with my parents and am unemployed I plan on getting a job soon
I doubt, you're probably going to lose a shit ton, ask yourself whether rich people with hundreds of chinese employees hasn't milked this already, anyways GL
 
I doubt, you're probably going to lose a shit ton, ask yourself whether rich people with hundreds of chinese employees hasn't milked this already, anyways GL
maybe but so far its working fine
 
Its giga lifefuel for me, Im tired of being a brokie. But I have no money to invest, I live with my parents and am unemployed I plan on getting a job soon
this won't save you btw
 
  • WTF
Reactions: Deleted member 51358
wishIwasSalludon
 
What are you doing? Scalping? Or arbitrage?
 
You're gonna get rekt and make more just holding, newbie vibes
 
good job man
 
  • +1
Reactions: Deleted member 76870

Similar threads

A
Replies
0
Views
33
aleksiev_1
A
unloveableltn
Replies
5
Views
83
unloveableltn
unloveableltn
Kayne
Replies
6
Views
195
Kayne
Kayne

Users who are viewing this thread

Back
Top