And again our end-of-month overview of all our trading bots.
The month of May turned out to be a very bad month for the crypto market with the Bitcoin declining with 35% and most other coins declining even more.
The average result of our trading bots was -8,31%. This was definitely the most negative month for our bots since we went live in January 2020 (the Corona crash from March 2020 did not have any impact on the 2 bots that we had live back then).
Among the negative performers were a lot of the HODL trading bots which look at the long-term only and only rebalance once every 2 weeks. If we look at the return in EUR, the EUR decline was higher with -16,51%, which was obviously higher because of the bots which have a BTC basecoin (Dagobert Buck bots + Hirundo).
Interesting to see is that there were also some bots which still had a very positive month of May as well with Roar of the Tiger at the top.
Roy Lenders, Boosting Alpha