Here are the results over April and May 2022 combined. Unfortunately last month was too busy to generate the April results so hence here is April and May combined.
Both months together obviously were very Bear market months where Bitcoin dived with 35% and most other coins dived with 40-70%. The average decline in our trading bots over both months combined was 13,64% in crypto terms and 16,36% in EUR terms. There is a difference because some bots have BTC as the basecoin so for them it is obvious that they decline more than bots with USDT as basecoin.
We are currently revamping / finetuning both Relativity Theory bots specifically for the BOTS platform. Both trading bots were originally built for our own trading platform, there they will remain as they are since they are already optimized for that platform. However, for the BOTS platform they need further optimizing. Let’s hope the market finds the bottom now and that the future trend is up again.
I know BOTS is working also on introducing the possibility for Shorts. When that capability becomes available, we can put the Short transactions live as well. At the moment our trading bots make a very low number of trades given the current market.
Roy Lenders, Boosting Alpha.