Because I haven’t found any attractive leaders, today I will self-review. The statistics are quite bad. In fact, it's because someone is copying with the minimum capital, so I introduce it to prepare their mindset.

I have been running copy trade for 28 days. The total number of followers is 8, currently 3 people are still copying.

The total amount of money being copied is down 153 USD. The other day it was down much more, now it's gradually recovering.

ROI is -51%. In fact, I am still making a profit, PnL is nearly 80 USD. You could say it’s 8%.

Why is that? Because I withdrew some money when I was winning the most. Then when I lost, I calculated ROI on a new capital that is smaller than the total capital, resulting in large fluctuations.

In the last 7 days, ROI is 5.7%, PnL is 326 USD.

I am currently running the bot for copy trading, so it will be very boring. Nothing exciting or surprising.

The idea of running a bot is similar to holding spot: holding potential coins that are at a good price. DCA when the price drops further.

Not only that. The bot will automatically sell when the price increases and buy back when the price decreases. Continuously like that without tiring.

Why did you choose me to copy?

Instead of choosing coins to hold spot, you can throw money into my copy trade. I will do that for you. During the holding process, the bot will continuously buy and sell for profit. Each buy-sell order makes a little profit, but there will be many orders each day.

The problem here is that if you hold spot, you are still in the red, not just a little but a lot. But the coin is still there. On the other hand, if you follow the futures bot, there's a risk of burning out. Therefore, we need to prevent that. If we let it burn, all the hard work of trading every day will vanish.

Saying that seems to break even, right? If you can prevent burning, then you can win any way, why do we need this bot?

If you hold 100 USD to buy spot, you can't buy much. The futures bot is using 20x leverage, so you will be able to buy more volume compared to buying spot normally (the bot is like using margin).

Since I choose safety here, earning less, the level of burn prevention is also simple. Just copy around 100 USD, then you are quite safe.

If you follow with a smaller amount, that's fine. But you need to pay attention to it regularly. When the market is sideways, it's okay, but when it crashes, you need to add more money. Otherwise, you will burn.

There is a friend following with 10 USD, I write this to warn you. Absolutely do not let it burn.

You are the second person I marked above. If I'm not mistaken, you are following with a fixed amount option. I think that idea is also good. Suitable for this stage. But in the future, when the market goes up, if I add a day trading section for the bot to run, then copying a fixed amount wouldn't be optimal.

Each person has up to 20 slots to follow copy trading. You can save one slot to support me. If you find 20 better leaders, then you can remove me and make room for them.

Thank you all. Wishing everyone good luck.