Again the end-of-month overview of all bots from Boosting Alpha, The Noogieman and Team Dakar.
After 3 very bull months, it was no surprise to see the month of March being a more zig-zag month. This sideways market benefited the bots that make more longer-term trades and bots that trade more often were sometimes put on the wrong foot with the continuous stream of false signals coming from the sideways market.
On average across all of our bots the results have been stable in March in crypto terms with an average increase of 3,7% in Euro terms, primarily caused by the rise of the US dollar versus the Euro.
The easiest way is to go to the bots.io site and follow “Start in just one minute” path (note the referral-code below). That will work. But not for all investors. Indeed, you now are not just a customer, but an investor.
Most visitors to this Bots Institute (BI)-website realize that. Because it is about money, your money. If you are looking for more information and advice the BI-site is there for you!
For just €5, you follow the Know Your Customer (KYC) procedure, and buy (=start) your first, one or more BOTS.
When investing with the BOTS-App, you can get a €10 bonus. 1Invest €5, or more, and get €10 free with this referral-code:
When you sign up and fund a bot for 4 weeks, you get a €10 bonus with the above referral-code.Download the App.
Then wait and see what happens, Tip#1. Not hours or days but for instance once a week or every few weeks (Tip#2). If you have an urge to own one or the bots asap then the advice would be: buy bots with USDT as the basecoin and two, do not buy a Dumbbot (Class A).
For info about cryptocurrency, trading or investments just use your favorite search-site.
The nucleus of this site is located under menu “Tips” and its sub-menu’s. This in combination with the Blog-articles, Posts, will give you all information to become a successful trading bot user, investor.
How to begin better prepared?
The fact that you found this post or the BI-site is you advantage (About and FootNote 1). Rather then replicating or duplicating info we will highlight the most relevant aspects in this post.
✅ The Purchase Checklist should be your starting point. Under the assumption that your purpose is to make money and avoid losses when possible. Than execute the Checklist in de listed order as to create your portfolio.
Then after a half or a full year, perform Portfolio rebalancing to determine, and if required execute, re-balancing your portfolio.
How to select your BOTS?
There is a quadrant-page to pages, that will help you with BOTS-selection. Two pages contain a table that was derived from BOTS-App data. The other two pages contain information delivered by our users end data about BOT Creators that we could find from the Internet. In some cases info was supplied by BOTS-Creators.
Define what “a good bot” is, so you can choose some bots most suited for you.
In general terms, a good bot is one that holds on to profits in falling (bear)markets and makes profits in rising (bull)markets.
You can use Favorites in the Trabo-app to easily keep an eye on your favorite bots and compare them with other bots and compare which other based-Basecoins.
The table on this page lists the Bots Creators and their BOTS-Names, the type of bot, typified/classified and additional remarks, more or less important, can be included. The latter may be updated over time.
Selection & Spreading
Although there are more aspects to take into inconsideration, Selection & Spreading shows the most important two:
The Base Coin and the Crypto Coin or Coins, wherein the BOT trades. Make sure to understand the importance of the Base Coin.
Although the BOTS have a Risk Classification (RC), it is dynamic and can change over time.
From our experience: selects the most applicable trading-strategies for your goal and targets with the best performance.
The Bot Creators-page lists all Creators and when available additional information and a BOT-Creator website-link.
Tips and Terms
For info about cryptocurrency, trading or investments just use your favorite search-site and you will find reading material for a live time. However BOTS specific info is the nucleus of this site and is located under menu “Tips” and its sub-menu’s.
The Tips-page, actually Tips&Terms-page, includes information that will be essential to enable you to make the right choices during the selection.
Mind you that there is a wealth of relevant information onder the Footnotes 2Example, in particular on the pages mentioned.
BI Excel Spreadsheet
For most users the BOTS-App will satisfy the requirement of the smartphone user-interface. It shows the current total value, and the invested value and yield per BOT.
If you are an advanced user this information may not be sufficiënt. If you are one of those peoples, you want to get more insight in the trends, yield in relation to the marked and the coins of your BOTS. This spreadsheet will offer a good starting point to manually monitor your ‘annualized return’ of your entire BOTS-portfolio.
The combination with the Blog-articles, Posts, and Tips-page will give you all information to become a successful trading-bot user, a investor.
The Index of all Blog-articles is a quick entry into the posts.
Be aware: In this virtual financial world nothing is for sure.
February was the best month for our trading bots since the start. Our bots managed to generate an average monthly return of 52% while Bitcoin (BTC) only went up with 38% and Ether (ETH) with 7%. Almost all of our bots managed to reduce / avoid the 20% drawdown in crypto that happened in the last week of February.
Another testimony that our bots work well both in bull and bear markets. This results table is based on the results as seen in the BOTS App on our own account.
Your results are dependent on when you started investing in those bots and the moment you entered with those bots into new trades.
Once you start investing in any bot, you will have to wait until the bot opens a new trade (i.e. you do not enter open trades that are open at the moment you are joining the bot).