Trading bot strategy that generates 49.5% profit – Best bot to start as a crypto beginner
Without watching the market, the Moon Strategy helped me and our users generated 49.5% passive profit! Here’s the story and underlying concept for being success in the bear market.
The story during the meetup in Miami
I met David at our last meetup in Miami. He joined crypto back in 2017 and dabbles here and there. After doing some research, he became a huge fan of VeChain and decided to go heavy. He bought shit loads of VeChain at the end of 2018 at a very cheap price. He thinks VeChain is going to make him a fortune and this is the trade of his life.
However, during that 2 years, he was constantly nervous because it’s a significant percentage of his net worth but the price doing nothing but sideways bounces. After the price finally come back to the price that he purchased his VeChain, he decided to sell those tokens. He just had enough of emotional rollercoasters and sleepless nights. He cannot hold his VeChain bag any longer.
And… things got interesting from here. 2 weeks after he sold, VeChain surged 1,500%. After a long period of time of consolidating, the bull market finally comes and his Vechain conviction is right. The sad part is he sold them all.
The Story is not just about David but also a valuable lesson to most crypto investors, it happens to the best of us. Myself included.
We are definitely in a Bear Market now.
According to the previous market cycle, it typically took 20 to 36 months for Bitcoin to recover and reach all time high again. We’re now in the bear market, and there would be at least 2~3 years of brutal sideway bear market awaits us. But we can’t simply leave the space and come back 2 years later because you never know when the crazy bull market will return.
So here’s the most crucial question lying in front of us: What’s our strategy during the whole bear market?
Since leaving the crypto market is not an option, I’m going to share some tips here. Tips about how to survive the bear market, so that you can thrive and make life changing money in the bull market.
Retail investors love day trading
Obviously. You can trade. Catch the small dip and then immediately sell at the next pump. Catch a little bit of profit here and there. The crypto market is so volatile that there would be lots of opportunities for the scalping trade like this.
But the reality is we can’t always buy the bottom and sell the top consistently! No matter how experienced you are at trading, we are just human beings, we have emotions, we will feel panic fairly easily when the price drop massively, and we constantly FOMO in pumps. Those trades are the reason why 90% of the reader lose money in the crypto market or any market.
Emotional problems aside, there’s also a time problem. The crypto market trades 24/7 and we just can’t stare at the computer screen and catch every up and down. I still remember back in 2017. I was day trading at the time, and I was closely monitoring a coin for 5 hours straight because it has huge volume and a catalyst incoming, however, I miss the 75% pump just because I was cooking dinner and watching an episode of “big bang theory” while enjoying my steak, that is by far the most expensive meal of my life.
We might miss the trade when we’re enjoying the weekend with family and our loved ones. Lose another trade while taking a shower or have a snap. Those lost opportunities add up, the market moves every second, and good opportunities escape in a blink!
A better and easier way to trade (without predicting the market)
Here’s a better way to trade. Imagine this, you buy some Bitcoin as your initial position, and don’t try to sell the top when the price goes up. You gradually sell a little portion of your Bitcoin whenever the price goes up. When the price goes down, don’t try to go all in at the bottom because you never know where the bottom is. There are countless examples in the crypto space where a coin drops 90% and another 90% after that. You averaging down when the price goes down. By repeating this process, you’ll sell high and buy low during the long sideways bear market.
Let’s take a look at how this strategy performed during the whole year period.
We repeat this strategy within a $3,000 to $4,000 scalping zone. The trading bot excute 592 profitable trades and result in 12.5% profit. Not bad, huh?
Well, there’s more. In the above scalping zone, we missed a lot of opportunities outside of the scalping zone. From May to August, we spent 4 months without generating any profitable trades. Which is why we decide to extend the zone to cover most of the future movements which makes the profit to another level.
With the zone adjusted to between $1,000 to $10,000, we executed 1324 profitable trades, and the final profit increased to 49.5%!
But… In order to follow this strategy, you need to have 5 profitable trades per day consistently which is 2000 trades per year. Anyone who has tiny bit of trading experience would know that, it’s just not humanly possible to have 5 profitable trades everyday.
Moon bot is specifically designed to automate these kind of trades to make your life easier while enjoy consistant passive profit day by day, hour by hour, minute by minute.
You might already notice the concept of this strategy is just simply place orders back and forth.
How does the Moon Bot works
First, it determine a wide range for executing this strategy. As long as the price stay within the range, it’ll keep doing these profitable scalping trades. Next, a thousand of limit buy and sell orders will be placed within the range. It aims to catch any price movements that higher than 0.3%. So when the price start rising, the bot sells as the price goes up; when the price start dropping, it buys as the price goes down.
That’s it. In the realm of trading, simplisity is king.
Curious how this strategy performed in the last year? Let’s dive into the performance part!
How did Moon Bot perform in 2021
This is the winning case from one of our users. He created the Moon Bot with ETH 375 days ago. As you can see, the price surged to 4800 and then fell back to 2000-ish after several weeks. He would earn nothing if he just buy and hold. But with the Moon Bot and those little trades, he ended up with 49.5% profit!
Another winning case is from a user with Bitcoin. The price of Bitcoin is less volatile compared to Ethereum and other Altcoins. With the Moon Bot, he ended up with 17.15% profit and 2814 profitable trades while he would earn nothing if he decided to HODL! Or probably lose a lot of money if he chose to manual trade.
Remember the VeChain guy, David?
David would have a completely different story if he knew this strategy early enough before loading his VeChain bag. If he starts loading the bag with the Moon bot, it’ll help him to execute thousands of profitable trades over the 2 years of the sideways bear market. The bot is always working for him, so he’ll feel less anxious and have a higher chance to survive the bear market.
So here it is, Pionex Moon Bot.
Pionex Moon Bot helps retail investors to automate the trades 24/7. It keeps accumulating tiny profit for you, whether you are at work, staying with your loved ones, or enjoying your Friday night! You can also decide to compound the profit by clicking the release profit button, and adding those profits back into the bot.
The best part? All bots on Pionex are free of charge and easy to get started! You can create as many bots as you want and use them as long as you want. Imagine having an army of bots trading for you, the normal retail trader simply doesn’t stand a chance to keep up with you.
And recently, Pionex just waived all the trading fees on Bitcoin and give a 50% off trading fees on Ethereum!
How to use BTC Moon Bot on Pionex?
- Visit the trade page of Pionex.US
- Make sure you’re browsing BTC/USDT trading pair. (switch to ETH/USDT if you want to create a ETH Moon Bot)
- Select the Beginner mode at the right hand side
- Fill in the total investment for the Moon Bot
- Click the create button down below and you’re all set!
If you’re new to the bot trading and having a hard time in the crypto space, give Pionex Moon Bot a try. You’d love it and feeling less stressful for your crypto portfolio. Lying back, create a Moon bot, and wait for the market start moving!
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Trading in the crypto market carries a substantial risk and the possibility of making both significant profits and losses. Please trade cautiously, Pionex.US could not assure any profit. Risk Disclaimer