My crypto trading journey using a customized trading bot

First of all, please note, that trading crypto, stocks, etc are highly risky and one must never invest more than one can afford to lose.
More than 90% of crypto traders or investors lose their money.

Overall at the moment (as of 2nd June 2022) , the crypto market is in a bearish trend and crypto fear and greed index indicates fear in the minds of investors which may cause strong selling pressure.
In my personal analysis and opinion, Bitcoin price will go down to below US$12,000 this year.

Infact, in my personal analysis and opinion, Bitcoin price is completely manipulated by the big whales. And the altcoins prices generally move up or down along with the price of Bitcoin. More than 90% of crypto traders or investors lose their money and this is a fact. See one of my earlier BHW posts below :-


That being said, now is not the right time in my opinion, to trade in Bitcoin or any other crypto.

ABOUT MY CRYPTO TRADING JOURNEY USING A CUSTOMIZED TRADING BOT :-
1) I have invested US$395 into this trading on 1st June 2022 and even if I get good profits, I am not going to reinvest and I am not going to add more funds to trade. Infact, if good profits occur, I may be withdrawing profits on a regular basis out from my Binance Futures account. I am NOT over-confident. I may make good profits OR I may end up losing all the US$395 invested. This is why I've followed the GOLDEN PRINCIPLE of "Never Invest More Than You Can Afford To Lose".

1) I have been able to customize a trading bot to make profits both in a bull market and a bear market. In other words no matter if prices go up or down, the trading bot would make profits for me (as per my parameters I've set in the bot, but I may end up being wrong : we will see as the days go by).

2) I have customized the trading bot to trade only in Binance Futures, both long and short trades, using leverage, on cross margin trading mode.

3) It is customized to trade BOTH long and short trades. In volatile markets like crypto, futures trading with leverage, risk being liquidated. But usually as long as you keep your position low, and have enough liquidity employing cross margin trading, you will not be liquidated, atleast not too easily. And I am not greedy for excessive profits.

Following are some timelines & screenshots of the first 2 days of my journey and I will be posting regular updates of whether I am continuing to make profits or not. If there are any loss days, I will be posting about those as well.

So, on 1st June 2022, I transfer USDT 499.92 into my Binance Futures. I also transfer BNB qty 0.01746404 worth US$5.40, as Binance users receive a 10% discount on standard trading fees when they use BNB to pay for trading fees on Binance Futures. When the BNB balance in my Binance Futures goes below US$1, I will add some more BNB into my Binance Futures account.
See the screenshot, I transferred out (a withdrawal) USDT 105, which was a payment towards the bot in order for me to customize the trading bot as per my set of parameters.
Therefore, on 1st June 2022, I started my crypto trading with my customized bot, with USDT 395


I have (for now) set the bot to trade ONLY 6 coins which are ANKR, ALICE, SHIB, TRX, FTM & SAND
The bot has made lots of trades in the last 24 hours after I started and a few of those trades are :-



It has been 24 hours since I started and so far I have made a profit of US$ (USDT) 20.06


I MAY NOT BE COMFORTABLE SHARING WHAT PARAMETERS I HAVE SET IN THE BOT, the reason being is that anything can happen anytime in a volatile market like the crypto market and I would absolutely not like to see anyone losing money.
Sharing parameters rather methods in internet marketing is absolutely fine, as at the most someone may lose a few US dollars in a domain, hosting, etc.
Crypto trading is not like that, we are dealing with a live 24/7 market here which is highly volatile and controlled by big whales and more than 90% of crypto traders or investors lose their money. So, I do not want anyone to lose any money and therefore I may prefer not to share the parameters that I have set in the bot. I hope everyone understand this aspect.

This thread's purpose is simply to see if a trading bot can make any good profits and for how long ?
Journey starts .... LET'S SEE ...

wow, that's really interesting

even more interesting how it performs in a L-T, as S-T in crypto is a hack

Hope you make good profit. It will be good to see if bots make profit.

Good luck with this! Is it a custom made bot or one available in the market?

Vk316 said:

Good luck with this! Is it a custom made bot or one available in the market?

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One available in the market, but it is not a common one : this one is highly customizable.
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Day 3 : Profit for day 3 (3rd June 2022) (so far) is US$ 10.93
NOTE : The trading data is based on UTC time and now it is UTC 20:45 hrs, which mean there is still another 3 hours and 15 minutes remaining for the day to end.

Raj Kesu said:

One available in the market, but it is not a common one : this one is highly customizable.
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Day 3 : Profit for day 3 (3rd June 2022) (so far) is US$ 10.93
NOTE : The trading data is based on UTC time and now it is UTC 20:45 hrs, which mean there is still another 3 hours and 15 minutes remaining for the day to end.
View attachment 213065

Click to expand...

Looks to be working fine right now, lets hope this remains profitable in the long run

From where did you got the bot developed ?

Day 4 : Profit for day 4 (4th June 2022) (so far) is US$ 17.43
NOTE : The trading data is based on UTC time and now it is UTC 20:30 hrs, which mean there is still another 3 hours and 30 minutes remaining for the day to end.
I did transfer in equivalent of US$10 of BNB into this Binance futures account today, in order to cover Binance trading fees (there is a 10% discount in trading fees if using BNB in Binance).

So far, I have not changed any settings or parameters in the trading bot, I've just let it to run on basis of how I initially set it on day 1 (1st June 2022) and it seems to give decent profits so far. but, ofcourse it is too early to say anything. I hope it generates profits this way till day 30 and then I am looking forward to withdraw some profits. I will update all that in this thread.

Raj Kesu said:

Bitcoin price will go down to below US$12,000 this year.

Click to expand...

Well, if you believe this will happen don't lose your time trading.
Short BTC with high leverage and enjoy the earnings

Anyways GL with your journey.

I see such programs a lot, but can such programs or even software steal our btc accounts?

AfyonluTR said:

I see such programs a lot, but can such programs or even software steal our btc accounts?

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If you link a trading bot to your trading exchange such as Binance, etc, it is done through API key that you would generate from your exchange (in my case Binance). No legit trading bot would require withdrawal permissions to be set in the API : see screenshot, I have NOT enabled withdrawals and one must NEVER enable withdrawals (no matter what). Hence, there is absolutely no way in this case that a trading bot can pilfer or steal any crypto. Hence this way, the trading bot ONLY performs trades (buys and sells).

Raj Kesu said:

If you link a trading bot to your trading exchange such as Binance, etc, it is done through API key that you would generate from your exchange (in my case Binance). No legit trading bot would require withdrawal permissions to be set in the API : see screenshot, I have NOT enabled withdrawals and one must NEVER enable withdrawals (no matter what). Hence, there is absolutely no way in this case that a trading bot can pilfer or steal any crypto. Hence this way, the trading bot ONLY performs trades (buys and sells).

Click to expand...

Binance doesn't object to using bots like this, right? For example, if I use this bot, my Binance account will not be closed or banned.

AfyonluTR said:

I see such programs a lot, but can such programs or even software steal our btc accounts?

Click to expand...

Yes it is possible. That is why you should use only those which are trusted and have more than 90℅ positive reviews.

Day 5 : Profit for day 5 (5th June 2022) (so far) is US$ 13.39
NOTE : The trading data is based on UTC time and now it is UTC 21:40 hrs, which mean there is still another 2 hours and 20 minutes remaining for the day's calculation to end.

US$ 395 invested on 1st June 2022 and on day 5, profit so far is $67.17, no losing days so far (not bad so far, but let's see in the coming days. it'll be interesting to know the 1st month's performance (on 30th June 2022).

AfyonluTR said:

Binance doesn't object to using bots like this, right? For example, if I use this bot, my Binance account will not be closed or banned.

Click to expand...

Yes, Binance and many other leading crypto exchanges do allow trading bots.

Day 6 : Profit for day 6 (6th June 2022) (so far) is US$ 25.80
NOTE : The trading data is based on UTC time and now it is UTC 22:00 hrs, which mean there is still another 2 hours remaining for the day's calculation to end.
Amount invested on day 1 (1st June 2022) US$ 395 and profit so far is US$ 92.97

Very good results. You using gridbot or just a coded strategy?

I have a couple of questions

1. How many times does the bot trade in a day? (I know it will vary for everyone in accordance to their specified parameters)
2. How much leverage do you use?

Good results, which bot you use please ?

Thats Pretty impressive and good results…

OP uses CUSTOMIZED bot, so the key is understand the market not the bot...