Trading Bots Analysis for today strong bear market

By jeromebernard | Crypto Trading Bots | 21 Sep 2020

I did not really anticipate writing this blog post today.
I guess, I was afraid yesterday of not having enough content for a blog post each day, but turns out the crypto world was not peaceful today :)

BTC is down -4.24%.
ETH is down -8.23%.

Most of my bots are either BTC/USDT, ETH/USDT or ALT/BTC, so I could have taken quite a hit, right?

Well, I have, but way less than expected, due to diversification of my portfolio.

I won't cover an analysis of every pair I'm running bots on, but instead focus on a few ones.

Swing Trading Strategies

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Keep in mind that the percentages you see here are since I run each bot.
As I started those bots at different dates, and mostly during a global bear market, I'm hoping to make some real profits later on!

Maya (first two bots) sold through a stop-loss and I took a hit: full buy at 388.5 USDT, full sell at 371.5 USDT.
Now both Maya bots are now loosing, but look how bad it would have been if I had hold!

Gekko, again did nothing: I'm still full USDT after the bad trade from 10 days ago.

Day Trading Strategies

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ATOM/BTC (the second bot) took quite a hit with a buy quite high and multiple sells later on way below the buy order.

Both LINK/BTC and SXP/BTC made a buy order then went crazy with many intraday orders in order to make some gains :)

Let's review what ATTA did on SXP/BTC pair:

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After two buy orders and a sell later on, I took a hit.
Afterwards ATTA was able to make a bit of profit on two winning trades.

Let's continue with the 3 other pairs:

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Hulk, on DOT/BTC pair, took a serious hit from yesterday results.

Gladiator Aggressive managed quite well the dump!

And finally THETA/BTC.
Let's review this one in more details:

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ATTA did nothing today and to be honest went at some point today from -6% up to a whooping +2.43% now!
[Strike that +4.48% right when I'm about to publish this post a few minutes after I wrote this and still rising!]
I was hoping ATTA to make more trades and benefit from such fluctuation today, but alas.
Anyway, good results for today on this pair.

Conclusion

Yes, I took a hit today but it could have been way way worse than what I experienced.

Moreover, some of those pairs are going to make me earn flexible staking on Binance as well: SXP, ATOM and XTZ.
I'll have to wait a bit until I can show you this.

That's it for today and who knows, maybe tomorrow I'll be back with some fresh content as well ;)