I started building an automated crypto trading bot back in June 2024. After going through several strategies that didn't perform well enough, I finally landed on one in August last year that's been consistently averaging around 4% profit per month after fees.
The reality:
- The first year (and kind of still) was anything but passive with constant strategy changes, debugging, rebuilding
- You need real discipline to not tinker with it once it's working
- 4%/month sounds great if you have a large capital. Not so much if you are working with 100 dollars.
What actually made the difference:
- Proper back testing before going live with each strategy
- Strict risk management (stop losses, position sizing)
- Accepting that most strategies will eventually stop working
Happy to answer questions about the journey, the algorithm itself or anything else!
I am posting the link to my siteĀ here, where I am running the bot. All the bot's signals are freely accessible and I am happy to divulge all details from my strategy so if anyone wants to build something similar, I am an open book. Also, for the paid plan you can use it for free for a month with the code: REDDIT
I spent over 18 months building a crypto trading bot
byu/Dopeyting inCryptoTechnology
Posted by Dopeyting