August started quite well with a Bitcoin price that went from 23.000 USD to about 25.000. However, in a few days, the Bitcoin price fell back to about 19.500 USD.
Overall Bitcoin had quite a tough month (-13.9%) after the gains that were made in July. Our BTC based bots suffered the most by the drop of the Bitcoin price. Because some BTC based bots trade in ETH, which had a quite better month than BTC (-7.4%).
Mild.BBKing.b0t managed to make a profit of 7.6% in last month, which was quite a good job. Also, Most LNV bots stayed out of the market or managed to make a small profit.
Also Hot.BBKing.b0t, did a good job, because it generated that much BTC by trading in ETH, such that the loss was limited to -2.7% (in EUR).
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.