Earning 100,000 euros in cryptocurrency markets requires more than just luck: achieving that requires a precise strategy, a reliable execution tool, and careful risk management. But today, thanks to ChatGPT, it is possible to design, program, and automate your own algorithmic trading style, even if you are not a developer.
Here, we will show you, step by step, how to build a robust system to turn a small amount of capital into a large portfolio.
Design a strong technical strategy with ChatGPT
To achieve substantial wealth in the world of cryptocurrency trading, you need a clear strategy based on recognized indicators and clear rules. ChatGPT is an excellent tool for crafting these rules and writing initial code.
For example, AI could be asked to combine the exponential moving averages (EMAs) of 20 and 50 periods with a relative strength index (RSI) filter to avoid entering an already overbought asset.
The principle is simple: buy when the 20-period exponential moving average crosses above the 50-period exponential moving average, only if the relative strength index is below 40, and sell when the index rises above 70 or when the 20-period exponential moving average crosses back below the 50-period exponential moving average. These rules can be easily translated into pseudo-code and Python thanks to specialized libraries like TA-Lib or pandas_ta.
Here is an example of the code:
This approach allows you to create a systematic foundation, which is essential before considering automating your cryptocurrency trading strategy.
Programming an automated cryptocurrency trading bot
The true power of automation in the cryptocurrency field lies in the ability to execute trades continuously, without being constrained by human emotions or availability.
ChatGPT can create a bot that interacts with the exchange's API like Binance via the ccxt library, retrieves real-time market data, calculates technical indicators, and places orders based on the strategy.
The bot, for example, can do the following:
Retrieve candlesticks every 5 minutes,
Calculate EMA and RSI on each tick,
Execute a buy or sell order based on the signal,
Automatically set a stop loss and take profit order to secure the position.
This automation reduces human error and maximizes response, which is critical in such a volatile market.
Validate and optimize the trading strategy through backtesting
Before investing real money, it is essential to test your strategy against historical data. Backtesting simulates past trades to measure performance, risk, and identify weaknesses.
ChatGPT helps program this process, applying logic to time series, calculating profits and losses, drawdowns, and the Sharpe ratio.
Optimization can be performed by testing different parameters: exponential moving average (EMA) periods, relative strength index (RSI) thresholds, and stop-loss levels. Automating this search for optimal parameters (using grid search or genetic algorithms) can significantly increase profitability.
Manage and grow your cryptocurrency capital to reach 100,000 euros.
Achieving a massive investment portfolio in the cryptocurrency world requires careful capital management. Start with a limited investment size (usually between 1% and 2% of your total capital for each trade), then gradually reinvest your profits, diversify your assets and strategies.
ChatGPT can assist you in programming an automated portfolio manager that adjusts position sizes based on volatility (for example, via the average true range), distributes risks across multiple cryptocurrencies, and performs periodic rebalancing.
This discipline, combined with a proven strategy and a reliable bot, under favorable market conditions, allows for the growth of modest capital.