November has been a turbulent month for the global markets, not only for Crypto, with both steep declines and upward trends. LAIKA’s bots overall have some very profitable.
We’re proud to say that for the second month in a row, one of our bots is the best performing bot on the entire ‘BOTS by Revenyou’ platform. Our debuting bot, NFT TrendBot, obtained a return of 77.8% in November alone.
One month in the live of a Bot is short, too short to judge the profitability of a bot. Three months should be regarded as a minimum period. See Tip#1 and Criteria to stop.
This is the firstmonth-period.
One of the most important aspects of a bot is to outperform the market. Meaning to step out when the coin course, i.e. price, gets lower. So as to be able to gain, in this example Bitcoin (BTC), get more Bitcoins (based on USDT, displayed in €).
I stepped in (=started) on 12 October (avail 22 July). Normally it can take hours or day’s before your money is used in a (new) position. First the fee of 0.2% gets subtracted from the amount of money you put into the bot.
Then the bot starts trading.
This is in case of a Trading Class 1, 2 or 3 bot, such as this one. For Hodl, Class A, B bots this can be very different scenarios.
From the bot description: At the top by Bloqtec (BL)
BOT style “Trend Trading: This bot is constantly focused on the market, looking for a new trend. When it found a trend, it gets in and gets out as soon as the trend stops.”
Techies description “The bot uses candlesticks to determine an entry level. In winning positions profit is taken at multiple times to secure the earnings. A stop loss is used in this bot at the entry. The bot searches in real time for the right entry moment based on hourly candles.”
In this one month period on the graphs, I stepped in with a rate of $56,000 on 12 October and stepped, fictitious, out with $67,000, on 11 November 2021. A gain of $ 11,000 being almost 20% BTC market increase.
The €uro-gain of the bot was 40% in this month period. Meaning that the bot almost doubled the profit1The bot-graphs are all in €uro whereas the TradingView Bitcoin-graphs are in $, USD. The relative gain is taken into account. . This is an interesting observation and is positive towards future yield by this bot. We will be watching this one.
Remember, this is not a financial advise. Performance results in the past are not representative nor a guarantee for future positive results.
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.
The most popular Bot Creator Poll (39+7).
There are a total of 139 recorded votes by 77 users for this poll. Total 46 Bot Creators, 7 of them under Dematrading.
October was a good month for all of the 53 Boosting Alpha related bots (with the brands Boosting Alpha, The Noogieman, Dagobert Buck, Illuminati, Team Dakar. The average return across all bots in October was 11,5% in Euros and 6% in the crypto basecoin (whether it is USDT, BTC, ETH or BNB).
All of our Dagobert Buck bots (all trading bots based on basecoin BTC) are in the higher regions of the performance list in the range of 18 to 40% of monthly performance in terms of Euro values. But also some of the USDT-based bots are in the range of +20% monthly return.
Shortly we will introduce about 15 new trading bots which are based on our new Einstein Relativity Theory series. Some of them based on USDT, BTC and BNB as the basecoins.
The average 30-day return across all of our trading bots (since the initial start date of each bot, for some of them now 1,5 years ago) is now at 4,11% per 30 days, measured in terms of the basecoin. I guess most asset classes, hedge fund managers and pension funds would be jealous on that type of performance.