thetradingparrot
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DCA setup update: Which bots I stop? 1 new bot
🕑 Added 2021-01-03 18:01:18 +0000 UTCIn the last update from 28/12/2020 my setup was the following but many things changed since then. First of all the risks of holding USDT have grown and I'm increasingly worried for how the chances of SEC moving their attention from XRP to USDT if they manage to settle the case later in January.
I'll give an update for each bot.
1) MP's TOP 10 signal bot, 8750 USDT - all coins - TOP10 - no/SL -- https://3commas.io/bots/2153771/shared_show?secret=
Status: STOP
Update: NO longer running. I decided to use BTC for a few days as a quote currency but it's been struggling to make small profits as BTC keeps pushing higher not allowing any other coin to catch up.
2) 4400 USDT - all coins - QFL riskier - no/SL - https://3commas.io/bots/2169328/shared_show?secret=
Status: STOP
Update: same reasoning as with 1)
3) 2.8K TV indicators no/SL - https://3commas.io/bots/2198577/shared_show?secret=
Status: Running/modified
Update: I modified this bot to run using USDC. I had to sell my USDT to USDC as explained in a previous in this article.
If you had already copied it you may have to copy it again to reflect it. I suggest you put your bot and the new version side by side and copy the changes I made.
I have added an ETH grid bot. I bought 2K USD in ETH a few days ago when I mentioned in our discord server I was very bullish on ETH. You can see the settings below. Most important part is the range which is based on the following assumptions:
1) ETH should move 30-40% to the upside and next months
2) ETH should experience over 30% volatility which makes a grid bot much more profitable compared to only holding and selling at the top.
The grid bot started a couple of days ago and have done around 64 USDC which just thanks to the current ETH rally. It should make much more if we start seeing more volatility and sideway movements.
Comments
not bad!
Pretty good 5% so far
Hi Parrot, how's the ETH grid bot performing right now.
