December was a difficult month to be profitable, as the results of the market has shown. The largest asset in the market lost more than 15%, while some altcoins had even larger declines.
The performance shows that the best strategy was to have only small positions, which some bots partly succeeded in, while the portfolio bots logically struggled.
Above, an overview of the Laika performance of December 2021 on the BOTS platform.
Laika and the Quants bots team (LQ).
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).
Also notable mentions for our HODL the Bottle series. Almost all of them (except the top 35 and top 40 versions) remained stable because they decided to stay out of the market in December which was a very good choice off course.
Roy Lenders, Boosting Alpha
Related: Boosting Alpha introducing BTC/BNB based Bots.