Honest opinion on Crypto AI Trading Bots vs. Telegram Signal vs. DCA strategy
After three years chasing influencer signals, buying AI bot subscriptions, and manually DCAing into coins. This what I understood: Telegram signals: I’ve lost a lot of money in that, especially during the worst crypto winter in 2021, when scams and bear runs were at their peak. I tried VIP Telegram group signals in hope a hope they know the calls. They all talk like they see the future: “Enter now.” SL is tight. Target 2x, etc. To tell you the truth, it does not work, or else everyone would have been making money. Lost more than I made. Really started to think it was a pump & dump. Made me realized if you don’t know what you’re trading for, you're taking the exit liquidity. DCA strategy: Next strategy I chose dollar-cost averaging BTC, ETH, and popular altcoins weekly. While the market was in a bull run, I had some good run like when Luna touched $1. But one major market shift during the LUNA and FTX scam made that DCA strategy completely useless. When things went down, I just bought. Only to sold in much lower price and there was no market pump. Never able to figure what's the exact price I should target for DCA. AI trading bots; I heard they will make my trading pain easier. So, I tested tried four AI trading bots. The first one, 3Commas, is considered the best one for professionals and experienced traders. Put in $500, made it like $20+/month, that is 4% return, I guess. Well, it didn't live up to its hype. Then the 2nd one I used was Bitsgap. Here I invested $400, and it made me $6+ in a month i.e about 1.5%. This one mainly did arbitrage and grid trading stuff. But here I was making more in airdrop hunting. Next was Terarium, I invested $400 and generated $20+/month close to a 5% return. Luckily, I got a beta invite, so no subscription fee. Connecting it with an API was scary in the beginning because my wallet was at stake, but no major setup was needed. Their robo-advisor manages my portfolio on its own and adjusts itself according to the market situation. It is still in beta testing right now. Then at last, Pionex invested $400 and made around $10+/month, a return of roughly 2.5%. Their bot buys and sells trailing orders on my behalf and le me go AFK, but its lack of advanced AI customization limits its appeal for professional traders. I’ve lost my money but learned a lot tbh. Crypto signals felt like a scam; the DCA was good in the bull run, but one hard shift, and you are done, and the AI trading bot is not sure in the long run. Finding out what works for you in the long run without being full-time is a real challenge. So what’s working for you? anything that helps you to get a consistent return.
Not long ago, I used to scroll Twitter (X), hunt for crypto signals on Telegram, and read the news 24/7, hoping to make some profit in trading. Sometimes it worked... but in the bear run it didn't work out for me. Then I got into AI. This doesn’t mean just asking ChatGPT which altcoin will be 100X or where I should invest… I mean actual AI trading bots that analyze market data, make trades automatically, and grow your portfolio. That's what I have heard about mostly, so I thought, Let's give it a try. Well, it's important to understand that trading bots are API integrations entirely under your control, and an AI trading bot is as good as you set it up to be. I tried 4-5 AI trading bots. The first one I invested in, 3Commas, is generally considered best for experienced traders and professionals in the crypto community, but that's what I heard, as it is a complex tool with advanced features. It delivered me $15+ with an investment of $500, but its AI bot package ranges up to $79 per month, depending on the number of exchanges you use. Felt kind of expensive according to the return that I was getting. Then the 2nd one I used was Bitsgap. Here I invested $800, and it made me $10+ in a month, but the advanced version of Bitsgap cost me $56 per month less than 3Commas, yet it was not great in terms of return. Then the 3rd is Terarium, which invested $300 and generated $12, and it costs $15/month, but I got a beta trial invitation, so right now it does not cost anything to me, but the minimum investment is $300. Their robot-advisor manages my portfolio independently, based on my goals and the current market situation. Let's see how this unfolds when the main product gets live Then at last Cryptohopper invested $300 and made around $8+. What I like about this is that you can also sell and buy tracking orders by setting your desired price direction without waiting for hours in front of your PC. Still, their return was minimal. Returns were minimal in each of these cases, but I was able to get those returns even in binary markets. Only if I play these AI bots a little right, I believe I can do better. Each one of these AI bots has advantages and disadvantages. However, as mentioned earlier, your AI trading bot is only as good as you set it to be. Artificial intelligence might be a tool that makes investing easier and simpler for many, but no one knows about the future, and in crypto, nothing stays permanent; even narratives fade in bear runs, but make sure you DO DYOR before jumping into any of these bots.
For those who took this trade in spot and are now in profit, a warm congratulation to all of you ninjas!
Examining the current weekly candle of $LAND, it has made a good upside movement as analyzed previously, surging as much as +60.34% and tapping the $3 zone.
I'm seeing a retest here on major resistance, and once it successfully breaks it again, notably the VAH, we will be in for a treat as $3.5 - 4 price range could very well be the targets on sight.
MACD showing strong buy volume, and MACD line is about to make a bullish median crossover.
Coin is currently sitting at just 9.6M market cap, which I will highlight once again, could have very high potential to grow more.
RWAs are cooking recently, and in my opinion, Landshare is one of those sleepers that could awaken soon into a beast.
For those who took this trade in spot and are now in profit, a warm congratulation to all of you ninjas!
Examining the current weekly candle of $LAND, it has made a good upside movement as analyzed previously, surging as much as +60.34% and tapping the $3 zone.
I'm seeing a retest here on major resistance, and once it successfully breaks it again, notably the VAH, we will be in for a treat as $3.5 - 4 price range could very well be the targets on sight.
MACD showing strong buy volume, and MACD line is about to make a bullish median crossover.
Coin is currently sitting at just 9.6M market cap, which I will highlight once again, could have very high potential to grow more.
RWAs are cooking recently, and in my opinion, Landshare is one of those sleepers that could awaken soon into a beast.
Changpeng Zhao Amassed $25 Million Daily During 117-Day Prison Stint
Changpeng Zhao, the former CEO of #Binance , allegedly earned over $25 million per day throughout his 117-day imprisonment, according to Forbes. Despite serving time due to violations of the Bank Secrecy Act, Forbes estimates his net worth increased by a staggering $3 billion, bringing his total fortune to $61 billion by the time of his release. However, Bloomberg’s more cautious analysis suggests Zhao may have lost money during his incarceration, estimating his net worth at $30.8 billion. The disparity stems from differing assessments of his crypto holdings and stake in Binance-linked ventures.