I chose to work with currency $PEOPLE for several important reasons. First, this currency has high liquidity, as it is traded on global platforms like Binance and Coinbase, making it easy to execute trades quickly without significant slippage. Second, the currency features moderate daily volatility usually ranging between 5% to 15%, which opens the door to great opportunities for short-term trading. Third, it is linked to decentralized finance projects like project #ConstitutionDAO , enhancing its chances of increasing in value as this sector evolves.
My method with the trading robot
I rely on a strategy based on trading within a daily range. The robot buys when the price approaches support levels, such as $0.08, and then sells at resistance points like $0.12. Decisions are made based on indicators such as #RSI and #MACD . For example, on May 24, 2025, the robot executed a successful trade when the price rose from $0.09 to $0.097, achieving a profit of 8%.
To minimize losses, I set the stop-loss settings to be 3% below the entry price, and I set a profit-taking margin ranging from 5% to 7%. I also use the arbitrage feature between platforms, where the robot benefits from price differences between platforms like Binance #KuCoin , especially when a small difference such as 1.5% appears on pair #PEOPLE/USDT .
Robot Settings
I use Binance because of its advanced tools and smooth API. As for leverage, I stick to a level of 2x to reduce the level of risk. In technical analysis, I monitor moving averages like the 50 EMA and 200 EMA to determine the overall market trend, and I focus on trading volume, activating trades when volume rises above the average by 20%.
Results and Real Experience
Through this method, I was able to achieve a monthly return ranging from 15% to 25% using an initial investment of $500. The best trade so far was one that recorded a profit of 30% in just two days, after the announcement of a new partnership for project #ConstitutionDAO .
Tips for those wishing to start
I advise anyone new to this field to start with a demo account to test the strategy without risking their capital. It is also important to avoid trading during significant economic news periods, such as inflation reports, where the market is highly volatile. Finally, it is essential to update the robot's settings weekly to keep up with market shifts.
Summary of experience
With this approach, the PEOPLE currency has become a stable source of income for me. The key is to commit to the plan, keep up with market developments, and apply good risk management.
