Skip to main content

My experience after running Binance’s own bot for 3 days

I have invested $ 200 in this just for testing.

I’ve have set the Binance bot to operate in a technical analysis at BNB, resistance an support for the last 7 days.

The bot was supposed to buy at a 0,23% move down and sell at a 0,28% up.

During 3 days it made 22 operations.

The final result: two cents profit.

Result if I just have bought and forgot BNB for two days: a loss of 2 dollars.

This could be considered a good result but it’s peanuts. Because the bot would need maintenance and if the market moves fast it will be out of its range. In a real bull run or a crash the price would move so fast that will be out of the parameters.

The real winner was Binance: 22 transactions fees.

Any results to share? submitted by /u/Horror-Badger9314
[link] [comments]


http://dlvr.it/T1k4wr

Comments

Popular posts from this blog

Just saw this ad on TV, wtf is this shit.

submitted by /u/GreatBritishPounds [link] [comments] http://dlvr.it/T3LWfM

Google Cloud’s Web3 portal launch sparks debate in crypto industry

Google Cloud recently launched a Web3 portal with testnet tools, blockchain data sets, and learning resources for developers, and it has received mixed reactions from the crypto industry. http://dlvr.it/T67QWc

Europe needs ‘Airbus for the metaverse’ to become global Web4 leader

Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4. http://dlvr.it/T67hSQ