Here is the monthly overview of all Boosting Alpha trading bots from Jan 31 to March 8. As we all know February has been a period of huge volatility.
The invasion into Ukraine by Russia has shocked the world and this has created shockwaves on the financial markets. In the crypto environment, this had created a gap between the “less risky” crypto assets like BTC and ETH and the more risky crypto assets (most others).
A negative result therefore could be seen in the HODL the Bottle bot series where most bots were active in the market with a HOLD strategy (they are periodic rebalancers) and mostly present in coins other than BTC and ETH. It looks like the month of March 2022 will also be primarily driven by developments in the war in Ukraine.
Here are the results of the month of January 2022 for all of our trading bots. As everybody knows the month of January was a real disaster on the crypto markets, with BTC nose-diving with more than 20% and most other coins declining more than that.
During this month on average our bots declined with 6,8% in crypto and 8,8% in Euro terms. Obviously all trading bots with the BTC basecoin declined in Euro together with the value drop in Bitcoin. On the USDT based trading bots, lots of them stayed out of the markets or exited the market with a small drop. Notable exceptions here to our HODL series where most HODL bots decided to stay out of the market most of the month. Primarily our higher-risk USDT based bots unfortunately generated quite some losses comparable to the overall market drop.
The crypto market has now been in Bear territory for 3 months now, lets hope the bottom of the market has been reached and that we will move into more favourable market sentiment again. In those 3 months BTC declined from USD 68.000 to USD 38.000 now which is a 44% decline. Most other coins however declined with more than 50% from their highest levels. In contrast our bots declined on average with 16% in basecoin and 21% in Euro over these 3 months.
As we all know, in the crypto spot market it is only possible to take Long positions.
Here are the December results for all bots from Boosting Alpha, Noogieman, Illuminati, Dagobert Buck and Team Dakar.
Where Bitcoin decreased in value in December with roughly 17%, the average decline in our trading bots was 5% in crypto terms (basecoin) and 8% in EUR terms. Some of our BTC-based bots managed to increase the amount of BTC in this period (while in EUR terms they declined since BTC value got lower).
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.
Although premature, with just 77 user-ratings. we wanted to publish this update ASAP. At this time there are a total of 46Bot Creators, 7 of them under the Dematrading brand or trading mark™.
After the 19 May 2021 Bitcoin crash, we can draw conclusions, not only about the Bots Popularity and how the bots are valued by the investors, but also about the Bot Creators reputation. At that time we recommended to use the Poll-list (under the Tips menu) in conjunction with your potential selected bots. However the changes that were made by some Creators had a negative influence on there performance. By now we have a long list of BOTS-Names per Creator. This means that you require additional selection and spreading criteria.
This article is limited to the first 15 Bot Creators. However the last 3 Creators all have 2 votes. The remainder of the list, not shown here, have one vote or none.
Interesting to see that the current number one is BEY Trading (BT), one of the latest Creators on the platform, with only 3 Bots. Note the difference between the Bot Creators with regard to the number of Bots the produced. Some have 1, 2 or 3 bots, whereas the bigger ones, like e.g. Boosting Alpha (BA), on of the older Creator, have 53 bots, including related brands The Noogieman (TN), Dagobert Buck (DB), Illuminati (II) and Team Dakar (TD). Four of these trade marks ar in the Top 15.
One should be aware that the poll is “open”. That means open to all investors, developers, Creators and what have you. Because we only have a minimum of votes so far, only the Creators with a higher score should be considered with regard to popularity.