A simple strategy, probably somewhat inefficient in the future.

[MiiaHash]

How much profit did you get so far?

I would say about $1.k-$2.5k this in about 3-5 months
I pause it for a long time because I need to withdraw money, so I can't keep it active all the time.

 

[NeoTheGoldDigger]

I would say about $1.k-$2.5k this in about 3-5 months
I pause it for a long time because I need to withdraw money, so I can't keep it active all the time.

I really don't know how open are you in learning a new strategy of mine it works more then 90% with right confirmation this might sound fake or like I am selling something but i am NOT

 

[MiiaHash]

I am not looking for other strategies, I currently have about 25 strategies in operation, comment it above to see if it is interesting we can discuss it here too.

 

[MiiaHash]

Using about $5500 USD, I had to make some temporary withdrawals.

 

[MiiaHash]

Well, it turns out that at $5000 it is also working somewhat well, although it is really due to the fact that the prices of cryptocurrencies have not stopped rising.

 

[MiiaHash]

we are approaching the end of the month, I am updating my site to show more stats and I have had it down for a while, also I have less than $7k

now I'm creating a new arbitrage strategy, if it works I'll comment it here too
ignore the 2500 that appears in the history, it is the new bot that I am testing, I was putting money into it.

 

[NopeNopeKope]

Interesting

 

[MiiaHash]

I am updating, these months I got about $1146 USD, since all the coins were dying.

 

[whatever610]

Yep, I can confirm that it works. I was doing it on 100K without dividing it into 5 steps like you did.
Every cycle would be just +0.0001 up and earn me 10$. On the chart it seems like it would constantly buy and sell, cause it looks like it's going from 0.9998 to 0.9999 and back like every minute. However, in practice because there is so much volume it can take sometimes a whole hour to make just one cycle.

If I understood you well, you also leveraged it x15?
Cannot do it right now unfortunately, because it's blocked in EU currently.

Feel free to PM to trade insights on this one.

 

[whatever610]

Re x15 leverage: I just checked and the hourly interest is 0.00102225%
So if it would be sold in an hour, the interest would be higher than the profit.

Are you sure the math makes sense?

 

[MiiaHash]

Re x15 leverage: I just checked and the hourly interest is 0.00102225%
So if it would be sold in an hour, the interest would be higher than the profit.

Are you sure the math makes sense?

Hello, these strategies are for SPOT market, not for futures.

 

[MiiaHash]

Yep, I can confirm that it works. I was doing it on 100K without dividing it into 5 steps like you did.
Every cycle would be just +0.0001 up and earn me 10$. On the chart it seems like it would constantly buy and sell, cause it looks like it's going from 0.9998 to 0.9999 and back like every minute. However, in practice because there is so much volume it can take sometimes a whole hour to make just one cycle.

If I understood you well, you also leveraged it x15?
Cannot do it right now unfortunately, because it's blocked in EU currently.

Feel free to PM to trade insights on this one.

Hi, the idea is that you do several simultaneously, for example you do x5 on 0.9991 and so on, remember that there are also USDC/USDT, and you can also do it there.

 

[whatever610]

Hi, the idea is that you do several simultaneously, for example you do x5 on 0.9991 and so on, remember that there are also USDC/USDT, and you can also do it there.

Yes, was trying there as well, just less volatility.

I didn't get your previous reply, you say that it's spot and then you do x5.
What does x5 mean then?

 

[MiiaHash]

Yes, was trying there as well, just less volatility.

I didn't get your previous reply, you say that it's spot and then you do x5.
What does x5 mean then?

I place 5 trades at the same level, e.g. if the price is 0.9991, I place 5 sell trades at 0.9992 (e.g. if I have $100.000USD, I would place $250 trades, each level I would place 15 trades).

this is to avoid slippage, the bigger your order is, the more likely it is to be filled, for example 25% at 0.9991 and 75% at 0.9992.

 

[whatever610]

I place 5 trades at the same level, e.g. if the price is 0.9991, I place 5 sell trades at 0.9992 (e.g. if I have $100.000USD, I would place $250 trades, each level I would place 15 trades).

this is to avoid slippage, the bigger your order is, the more likely it is to be filled, for example 25% at 0.9991 and 75% at 0.9992.

Ahh ok, I got what you mean, but still confused about the rest

You place 5 orders or 15 per level?

In the last sentence did you mean the SMALLER your order is more likely it is to be filled? (Instead of BIGGER)

 

[Onie Abbott]

Following. Thank you for sharing your journey man! Looking forward to hear some updates soon!

 

[MiiaHash]

Ahh ok, I got what you mean, but still confused about the rest

You place 5 orders or 15 per level?

In the last sentence did you mean the SMALLER your order is more likely it is to be filled? (Instead of BIGGER)

I am not a native English speaker, I apologize if my English is somewhat bad.
I will explain it in simple words,

when you make a big trade example $1000USD, there is a better chance that your order will be partially filled at the target price, and then the remaining at another one.

example if I place a $1000USD order, it is likely that 25% ($250USD) will be partially filled at $0.9991 and the remaining $750USD will be filled at $0.9992 this destroys the strategy completely and makes you make a loss.

on the other hand when I say x5 or x15 I mean to make a trade multiple times on the same level.

if I have $100.000USD (as in your case) what I would do would be to put 15 buys at a certain level example $0.9991 I would put

$250x15 (separate trades), this with the idea of maximizing the use of your $100.000USD, the idea of the strategy is to constantly trade, as you say it can take hours to complete a level and this is due to the huge liquidity of the market, adding many orders in the same level of the market allows you to trade faster between these intervals.

 

[whatever610]

I am not a native English speaker, I apologize if my English is somewhat bad.
I will explain it in simple words,

when you make a big trade example $1000USD, there is a better chance that your order will be partially filled at the target price, and then the remaining at another one.

example if I place a $1000USD order, it is likely that 25% ($250USD) will be partially filled at $0.9991 and the remaining $750USD will be filled at $0.9992 this destroys the strategy completely and makes you make a loss.

on the other hand when I say x5 or x15 I mean to make a trade multiple times on the same level.

if I have $100.000USD (as in your case) what I would do would be to put 15 buys at a certain level example $0.9991 I would put

$250x15 (separate trades), this with the idea of maximizing the use of your $100.000USD, the idea of the strategy is to constantly trade, as you say it can take hours to complete a level and this is due to the huge liquidity of the market, adding many orders in the same level of the market allows you to trade faster between these intervals.

Ok, thanks for the explanation! Appreciate your efforts..

But why 250x15?
That's just 3750.. what's about the rest of the 100K? I will have about 96250 left

 

[thebotmaker]

I have many more strategies that I use with similar cryptos to generate small daily income, I will discuss them in the future.

Interesting, I'd love to see more info on the strategies

 

[Sidabacha]

I tried and attempted the crypto strategy of buying low and selling high, but it never go which i plan. I sold when prices high and at peak, they break my high and makes more high. My stop-loss got triggered, leaving me frustrated. It's a tough game, and timing the market feels nearly impossible sometimes. Anyone else experience this?