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.
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.