Overall a good month, after very bad months in H1 2022. Has the market now reached the bottom? Most of our trading algorithms dared to get into the market again.
In July 2022 they managed on average to get a profit of 4,66% in their basecoin and 6,52% in Euro. Top scorers were Go2Moon (67% profit), Small Coins 2 (28% profit), Bob6 (26% profit) and HODL top 3 (24% profit).
Now, of our 61 trading bots in total, already 14 of them are in profit compared to January 1, 2022. So if we have 1 or 2 good months again, I hope the majority of our trading algorithms have already recovered from the bad period of H1 2022.
Although I don’t trade with bots (Tip #1) looking back I have been too active. Unfortunately this mostly was unintended, at least by me. This was my strategy that I had to change during the 2nd year:
My strategy was simple: buy a number of the most promising bots and see how the perform.
When underperforming, switch to a more promising Bot. In most cases I give it 3 to 6 months.
The exception are my HODL-Bots. These Bots are for the long term or for DIY, “do it yourself” trading. The latter is a easy way to trade crypto-coins on the same platform.
If you not go for the max, like me, but for more safety and stability, better hold on for a longer period or do not switch at all.
Adaptation 2: Stop underperforming bots due to a coin-crash or due to a BOTS orCreator intervention.
A number of new Agga bots I started in March/April of 2021, lost part of their yield but all show positive results even after the crash end the horizontal marked development in June and July 2021.
Unfortunately many Agga bots must be regarded as different actually new products, with other characteristics. For that reason I stopped all my Agga bots and used the money to start new ones. Mostly from new Creators. Note that Bamboo (BO) is a new trademark of Agga.
Some other bots, many of Atmos (AM), bud all Track This Out, TTO (TO) in April 2022 and all Bloqtec (BL) bots, during Jan 2022, where Withdrawn.
Adaptation 3: Two of my Bots where stopped due to Technical issues. Re-starting them showed very different graphs, as pointed out below (November 2021).
Other reasons for portfolio changes
Most bots have USDT (Tether) as Basecoin and some have BTC (Bitcoin), ETH (Etherium) or BNB (Binance Coin) as there Basecoin. Something to be aware of as we learn later. The USDT bots are regarded as most save, for what that is worth. On the other hand, if you get lucky, you can profit from gains.
This was published in the first BOTS broadcast, November 2021:
“Previously, the bots graphs in the BOTS store shown to our users had a compounding algorithm (see Footnote 1) that meant they would show increases and decreases including interest on interest (compounding) since the start date of a bot on the platform. So last week’s return was not the return against the amount at the start of the week, but against the investment at the starting date of a bot.
This gave an enormously distorted picture and made rises and falls of 40% common occurrences, while the market fell or rose much less rapidly, purely because the bot had been on the platform for a long time. This has been adjusted after lots of requests from our users and Discord community and now simply shows the true returns over the selected period.”
A event to be aware of.
In the reference below you can read the story of how I started with Bots, my first year. Many improvements have being implemented in the BOTS-App. Interesting to see the Classes: Trading and Hodl, in the BI-Diagram has now being implemented in the Bot store under “Trade” type: “1”, “2”, “3”, “Earn” and “Hold” type: “A”: “Buy and hold” and type: “B”: “Rebalancers”.
This is what happened with my Bots Portfolio during the second year.
In the year that Bitcoin closed on -40% in June, the worst month ever!
Pretty much all stock markets are in the red this year. Crypto is still mostly dependent.
My Bots performanse over August 2021 – 2022.
To recap: At the top of my portfolio, beginning of May 2021, my investment yielded over +400%, including one BNB based bot with upto 2700% gain.
The worst case was around 20 July 2021 when my portfolio was down to just +220%. During my first half year, 2020/2021 the sky was the limit, and not very realistic.
I must admit this is not my pension income. For me this is more like a hobby than anything else. As a sport I try to go for the max and not for low risk. The first Bots-year, Year To Date (YTD) revenue on 1st of August 2021 was +240% in €euro, including four (recently started, 2 in test) negative Bots.
Not bad at all, to say the least. Just compare my savings income and the taxes due.
My second year, August 2021/2022 is actually a lost year with regard to investments, to say the least. And then, for me, it has been interesting. While Bitcoin was extremely volatile, most Altcoins experienced the same.
After the Adaptation “cleanup” strategy as described above, my strategy was: wait and see.
One of my first bots, and my best bot, was/is BNBBigSwing.bot (27-8-2020 … timing was all). This bot had a All Time High (ATH) around +2700% in November 2021. In the last month it dipped to a All Time Low (ATL) of just +870%. And now it just crossed the +1300% again, going up! All this BNB is expressed in €euro.
This period of one year was a (BTC)disaster. Some of my bots went under -80%. I decided to keep (the remainder of) these underperforming bots in the hope that part of the loss could be compensated. The value under 50% of the purchase-price is no value for me.
To be honest I did not expect to see BTC-USDT value under 33k, let alone under 27k. I could not imagen a BTC-USDT course under 20k, but eventually it tipped a low of 17,500 USDT, where it stopped.
My second BOTS-year, Year To Date (YTD) revenue on 1st of August 2022 is: +75% in €euro.
Some 20 bots started last and this year, resulted in a loss of aboud -50%.
Only a hand full of these recent bots purchased resulted in miner or higher, yields: Delta1, Angry Toddler, HODL the bottle top 35.
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 stable and falling (bear)markets and makes profits in rising (bull)markets. Of course the best bots make profit in all markets!
For this purpose we advice you to use Bots-comparison Dashboard.
Be sure to pick the right bots for your purpose, risk and time-horizon (use the Purchase Checklist).
In the BOTS App Home display (your Bots portfolio), the negative performance display was changed from red into blue, around mid june 2022. Not sure if this is only about cosmetics and esthetics. In the Bots-store negative, – is still red.
At the other end it is still within a long-time cycle, which makes sense.
Although Bitcoin is the leading cryptocoin, there are many Altcoins with which Bots can make profits, even during a BTC bear-marked.
After a couple of depressing crypto months, we’ve finally seen some positive numbers this month! The Bitcoin price gained about 16.8%, and the Etherium price (which also took the bigger fall) gained even 56.7% in July!
These profits are reflected most in our bots who only trade ETH. Our winner this month was Hot.BBKing.Loves.btc.b0t with a return of 71.6%. Our worst bot this month was LNV.YouOnlyBuyTwice (+0.7%), who unfortunately decided to buy other coins than ETH, which had a buy opportunity in an earlier stage than ETH did.
In July, the market was finally going up again. The big winner is Alcmene, because it beats the (BTC) benchmark big time. Most other bots have a good score as well, but not as good as the benchmark.
Although not great, there are always some periods that this is happening. In the long run you can see (at teamkronos.io/explore) that most bots beat BTC, almost every year.
Gaia is one of the exceptions. This is a careful bot with the mission to make profits every year, also in bad years. This month Gaia did 0%, and in 2022 Gaia did 3% so far. For your reference, BTC did -49%.
The attached table does not show test bots anymore, because you cannot invest in them anyway. Three new bots have been added: Piso, Memor, and Macrinus.