The month of November 2021 was not the best month for our trading algorithms. On average the bots lost roughly 4,5% last month (both in crypto and in €UR). Most of the BTC basecoin bots managed to generate a modest profit last month, and the majority of USDT basecoin bots generated a loss.
The HODL the Bottle bots (intelligent rebalancers) were most impacted last month since the market as a whole went down quite a bit. Bitcoin, BTC declined with 11% last month while most altcoins declined more than that. The market as a whole has difficulty finding a direction, will it go up or down?
The month of December is usually quite an active month in crypto. Let’s see what it brings.
Roy Lenders, Boosting Alpha.
See : Boosting Alpha introducing BTC/BNB based Bots.