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Topic: best bot for alt season rebalancing bot? or ? (Read 105 times)

member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
December 05, 2024, 12:07:55 AM
#12
Bots aren’t exactly consistent because the market is highly unpredictable, and the experience can vary greatly from trader to trader. So, I can’t really answer your question definitively. The best approach might be to try it out yourself and see how it performs for you. Then, maybe you can share your results with us - whether it turns out profitable or not.
If it was a bot that promise a consistent return, then yeah I will doubt that but what he have there is only said to rebalance things up. I think that one is still possible and doesn't sound too good to be true. Some trading bots might be plug-and-play, that even a newbie can get them running but if not, then yeah it needs a good experience to be able to operate and benefit on them. It is okay anyway, if you can't answer his question very well but as long as you still have some insights, that might still be fine. The one that you said of trying it out and see how it goes, is a good response actually if we don't know how things plays out. That should give an answer to us and we literally can find a way on how to improve things later on on our own, if in case things didn't go as planned.

If it turned out to be profitable, I'm afraid to say that they might solo the gains/knowledge but this can be the result of them not finding a better answer in the forum, so there is no need for us to get angry by that. There might still some who are kind enough to do the opposite thing but if in case it is not profitable, usually both types of people are going to let everyone else know it and hoping they can get another help.

yes, i will share what i experienced on this platoform for sure
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
I have limited time to explore market on all the time. so i decided to make a bot for me. i use rebalancing bot with 12hour balancing method. Do you think its worth?

4hour also can put because rapidly moving the alts at the moment. but fees eat profits. so what is the best 12hour rebalance or precentage wise or any other method?
With this altcoin season, it's better for your trading portfolio if you trade with Spot and set up your sale price like x2 from your entry, or more, you have to check price chart of each coin, use 1-week or 1-month candle and find your exit price. At least x2 if these coins did not pump x2 yet.

You can check your portfolio once a day to see whether your sale order was filled, if it was filled, you can purchase a next coin in your Watch List and repeat your sale, x2 from entry.

You can do it very simple in an altcoin season, and try to choose coins with high trading volume, because they will have less risk of be delisted from exchanges. You can try Gunbot, they have an announcement thread in bitcoin talk.

interesting answer about the question. yes its good way to secure profits
hero member
Activity: 2688
Merit: 588
Bots aren’t exactly consistent because the market is highly unpredictable, and the experience can vary greatly from trader to trader. So, I can’t really answer your question definitively. The best approach might be to try it out yourself and see how it performs for you. Then, maybe you can share your results with us - whether it turns out profitable or not.
If it was a bot that promise a consistent return, then yeah I will doubt that but what he have there is only said to rebalance things up. I think that one is still possible and doesn't sound too good to be true. Some trading bots might be plug-and-play, that even a newbie can get them running but if not, then yeah it needs a good experience to be able to operate and benefit on them. It is okay anyway, if you can't answer his question very well but as long as you still have some insights, that might still be fine. The one that you said of trying it out and see how it goes, is a good response actually if we don't know how things plays out. That should give an answer to us and we literally can find a way on how to improve things later on on our own, if in case things didn't go as planned.

If it turned out to be profitable, I'm afraid to say that they might solo the gains/knowledge but this can be the result of them not finding a better answer in the forum, so there is no need for us to get angry by that. There might still some who are kind enough to do the opposite thing but if in case it is not profitable, usually both types of people are going to let everyone else know it and hoping they can get another help.
hero member
Activity: 1442
Merit: 775
December 04, 2024, 09:20:51 AM
#9
I have limited time to explore market on all the time. so i decided to make a bot for me. i use rebalancing bot with 12hour balancing method. Do you think its worth?

4hour also can put because rapidly moving the alts at the moment. but fees eat profits. so what is the best 12hour rebalance or precentage wise or any other method?
With this altcoin season, it's better for your trading portfolio if you trade with Spot and set up your sale price like x2 from your entry, or more, you have to check price chart of each coin, use 1-week or 1-month candle and find your exit price. At least x2 if these coins did not pump x2 yet.

You can check your portfolio once a day to see whether your sale order was filled, if it was filled, you can purchase a next coin in your Watch List and repeat your sale, x2 from entry.

You can do it very simple in an altcoin season, and try to choose coins with high trading volume, because they will have less risk of be delisted from exchanges. You can try Gunbot, they have an announcement thread in bitcoin talk.
copper member
Activity: 182
Merit: 6
December 04, 2024, 03:28:11 AM
#8
You said the fee is eating the profits, which means this is not a good bot, for if it is a good bot, you will have enough profits good enough to sustain the fees and you will still be happy with your take-home, especially when the market is nicely volatile.

It's good you ask and I can only advise you to go for long-term trading strategies, bots work best for that and it is no stress for you. The 4H and 12H are cool too but it depends on how you code the system. If it is to trade the timeframes based on a single candle (each candle), you might have enough issues with it. But if it is to trade the entire pattern, it will be fine. Make it trade trend or swing strategies and you will be fine.

Yes. you are great in replies. i appreciate. i have chosen the rebalance bot with 8 hour one. its more rational in my view. i have tried 1d time frame one got 250$ decent profit.

Keep us updated!
And most of all - have fun.
The cycle in which the market is now is great to gain something out of it.
?
Activity: -
Merit: -
December 04, 2024, 03:25:58 AM
#7
If your rebalancing strategy requires a lot of daily trading, choosing a platform with low fees will help you a lot in increasing your profits. In other words, if your problem is with fees, choosing a platform with low fees is the best option.

Yep, lots of exchanges out there that bring fees down a bit for holding their appropriate token (Binance comes to mind mostly).
OP, stay strong and choose what would suit you best.
legendary
Activity: 2702
Merit: 4002
December 04, 2024, 03:12:58 AM
#6
If your rebalancing strategy requires a lot of daily trading, choosing a platform with low fees will help you a lot in increasing your profits. In other words, if your problem is with fees, choosing a platform with low fees is the best option.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
December 04, 2024, 02:53:43 AM
#5
-snip-
tell your suggestions for this aggressive markets and its highly appriciated
You said the fee is eating the profits, which means this is not a good bot, for if it is a good bot, you will have enough profits good enough to sustain the fees and you will still be happy with your take-home, especially when the market is nicely volatile.

It's good you ask and I can only advise you to go for long-term trading strategies, bots work best for that and it is no stress for you. The 4H and 12H are cool too but it depends on how you code the system. If it is to trade the timeframes based on a single candle (each candle), you might have enough issues with it. But if it is to trade the entire pattern, it will be fine. Make it trade trend or swing strategies and you will be fine.

Yes. you are great in replies. i appreciate. i have chosen the rebalance bot with 8 hour one. its more rational in my view. i have tried 1d time frame one got 250$ decent profit.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
December 04, 2024, 12:45:44 AM
#4
-snip-
tell your suggestions for this aggressive markets and its highly appriciated
You said the fee is eating the profits, which means this is not a good bot, for if it is a good bot, you will have enough profits good enough to sustain the fees and you will still be happy with your take-home, especially when the market is nicely volatile.

It's good you ask and I can only advise you to go for long-term trading strategies, bots work best for that and it is no stress for you. The 4H and 12H are cool too but it depends on how you code the system. If it is to trade the timeframes based on a single candle (each candle), you might have enough issues with it. But if it is to trade the entire pattern, it will be fine. Make it trade trend or swing strategies and you will be fine.
legendary
Activity: 1372
Merit: 2017
December 03, 2024, 11:14:25 PM
#3
but fees eat profits.

That is the secret of trading. That the houses promote it a lot, they want you to do very short term and high frequency trading because every time you make a trade they get paid. And every time they get paid they eat your potential profitability. Those who make money with trading are a minimal percentage and those you see promoting it earn more from what the houses pay them for advertising than with the trades.

tell your suggestions for this aggressive markets and its highly appriciated

Get out of trading and move into long-term investing.
hero member
Activity: 2856
Merit: 674
December 03, 2024, 11:13:58 PM
#2
I have limited time to explore market on all the time. so i decided to make a bot for me. i use rebalancing bot with 12hour balancing method. Do you think its worth?


Bots aren’t exactly consistent because the market is highly unpredictable, and the experience can vary greatly from trader to trader. So, I can’t really answer your question definitively. The best approach might be to try it out yourself and see how it performs for you. Then, maybe you can share your results with us - whether it turns out profitable or not.
member
Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
December 03, 2024, 09:42:52 PM
#1
I have limited time to explore market on all the time. so i decided to make a bot for me. i use rebalancing bot with 12hour balancing method. Do you think its worth?

4hour also can put because rapidly moving the alts at the moment. but fees eat profits. so what is the best 12hour rebalance or precentage wise or any other method?

tell your suggestions for this aggressive markets and its highly appriciated

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