Gunbot - My first month expirience

As I've already shown, this is a chart that lists all my daily profits in the first month of using the bot:

The ways i did it is by converting 364$ worth of bitcoin to 364 usdt coin.

The first thing you need to know about USDT coin is that it is directly linked to the the US dollar so that it always worth 1 real us dollar. The ways it is done is with its mining algorithm which slows down mining profits as the coin value goes up and accelerate mining profits as the coin value goes down. so it can be a little bit volatile within the price range of 0.98-1.03 ~ give or take but still very close to the real US dollar. This characteristics makes the coin good for holding as the value stays the same and you can trust it.

The second thing that you need to know is that most exchange list the USDT as a main coin for trade pairs like btc and eth so the pairs will look like this: USDT-BTC or USDT-DASH.

When you choose coins to trade with the gunbot you first need to choose the main pair coin which in most cases will be USDT, BTC or ETH . The reason to choose any of them is be willing to to take the profit into it rather then the other ones. If you want to stack BTC for example choose to trade with btc pairs (btc-xmr, btc-zec) .

In my case I chose usdt as the main pair because I wanted to stack usdt coins so i'll know for sure how much dollars im earning.

I chose 8 usdt pairs, divided 364 by 8 = 45$ this is the trading limit to set in the gunbot. The strategy I chose was "tssl" which is functioning as explained here:

"Trailing stop / stop limit
Set a range for trailing lower buy prices and getting even better sell prices without risking much potential profit.

Example of selling with TSSL with a 0,5% range. Notice how ever higher ranges are set until the price finally hits the lower boundary and a sell order is placed.

For selling it works like this: you define a range around your last bought price, say you bought at 0.1000 and set a range of 0.5%, Gunbot will now wait until price reaches either 0.0995 or 0.1005. When the lower value is reached, a sell order will be placed. When the higher value is reached, the range trails up and would now be set from 0.1000 to 0.1010. This could go on forever, as long as the price keeps going up and does not hit the lower boundary of the range at any moment (at which a sell order would be placed).

You can select an option to only sell at profit, to avoid the risk of a stop limit sell at loss while you're still in the initial range around bought price.

For buying, it works the other way around, ever looking for a better buy price. Starting point for buying is the lowest EMA." (original: https://github.com/GuntharDeNiro/BTCT/wiki/TSSL)

As you can see I've managed to earn on average 1% daily and withdraw 35 $ in eth every two weeks (converted usdt profits to eth and sent it to my wallet) so this was a good first time experience. Next I will publish my second try with a much larger sum so stay tuned :)

cryptomaniac out!