Hey guys, sharing an update moving into day 14 of using a BTC Grid trading bot. I hadn't posted an article the past few days because trades have been fairly stale in my opinion. The buy orders have been stacking up during a bearish week though, and I expect the next bullish trend to be fairly profitable. I did take advantage of the dip in price, and added $ to the initial investment & I also released profit from the bot again today and reinvested it into the bot. I am expecting I may have to change my parameters sooner than later though. I believe BTC will fall under $25k again in the near future, so my hope is that BTC can trade sideways up to 29-30 again over the next few weeks, and ideally I can close the bot near break even price, and be in complete profit before awaiting the next major dip to create another BTC grid bot and buy back in. If things don't work out this way I will continue to DCA into BTC and edit my parameters so that I can ride out the bearish trend for a few months ✅ I will post the current parameters below 👇
Upper Price: $34119
Lower Price: $25251
Grids: 49
I will drop my Pionex referral link at the bottom of this article for anyone who is looking to try out bot trading for themselves. Feel free to share your opinion on market trends and where BTC is headed in the comments. I'd like to hear your perspective as well. I like to make these articles not just to document my own progress, but hopefully help others new to trading as well. This is a way we can all learn from my good & bad decisions with $ lol. Anyways, til next time ✌️Have a good night everyone 🙂✅
