Setting the bot with a narrow price range and only using 20 grids so that the purchase per grid is large, but this carries the risk of getting stuck, which is why I do it on Ethereum since it is safe.
It has proven to make a profit of 1% in 4 days, averaging a daily profit of 0.2-0.3%, so just multiply that by 365 days.
So, for example, if you want to set up an Ethereum bot from $2000-3000, don't set a wide range right away; it’s better to split it into 2 ranges.
So $2000-2400 and $2400-2800, each bot with 20 arithmetic grids, I'm using arithmetic, not geometric.
Why is 20 grids enough for Ethereum in a narrow price range, why not just use 50 grids in that range?
Because the volatility ratio of Ethereum is very high, 2 times the volatility of Bitcoin, so even with fewer grids, due to high volatility, it still frequently profits in a narrow price range.
