This is the performance of the LAIKA bots in the month of March 2022. The past month, the market showed a retracement after a bad couple of months, which the LAIKA bots fully took advantage of.
PS: Note that in the BOTS-App the Creator name has three different representations:
1) “Laika and the Quants”,
2) “Laika”,
3) “LAIKA” .
Something to be aware of.
March 2022 was an excellent month again, after a couple of months with declining prices. The average increase for our bots was 14% in crypto and 16% in EUR. This means that our bots are almost back on the level of November 2021 again (the highest top of the market).
The performance issue was led by our HODL series which managed to pinpoint the correct assets that got the biggest increase. HODL top 40 managed to increase even with 110% in March 2022.
Of all of our 55 bots, only 4 managed to decline of which 2 BTC-based bots (that declined in BTC but increased in EUR). Our 2 new bots (Relativity Theory) declined but they only were introduced late in the month of March 2022.
From a long-term perspective, the crypto market looks to have found its bottom and the next few months might see more positive developments again.
March was a good month for most bots. The 2nd half of March was quite boring. BTC was climbing steadily with very little volatility, resulting in a small number of transactions for most
bots.
Hereby our bot results over the past month. Overall March 2022 was a positive month in Crypto land. Bitcoin (BTC) gained about 5.5%, and most altcoins had an even greater return.
This can also be seen in our bot results. The most risky bots showed the highest rewards.
Most of the LNV bots with USDT basecoin had only one or two trades and were cautious when some altcoins soared. In situations like these, the LNV bots will not enter the current trend and will wait for the next opportunity. With the small retracement we saw yesterday, these LNV bots are ready to enter the market soon.