So like I said, I started doing this about five months ago and I feel like I’ve learned a lot in this process and I’ll just share a few of the highlights of things, some pros and cons. When I first saw this, there was a part of me that thought “no way, this is too good to be true.” But I don’t think this is a scam in any way.
But, if you look at the returns that you’re getting on even just a single bot, you can see how you’re earning your money back. To continue this example, in those transactions, it shows in just 4 days, it has done 636 transactions. And that example is Ethereum which is proably one of the least volatile coins. Even if I continue to get 8% for the rest of the year, that’s close to a 50% return from this one coin pair. So if I were investing in any other coins, even a little bit more volatile than this, the returns get a lot better. Meanwhile, the far less volatile one has done 74 transactions in 2 months.
This continues to be hard for me to wrap my brain around because I come from the financial world where if you’re making more than 10% per year, you should be really, really happy, you know? And no doubt, in crypto there’s a lot of volatility, but I’m really excited about the potential of this. And like I said, I’ve been doing this for five months now and experimenting with it and I’ve opened some bots and close some bots and I’ve seen the market go (mouse click the up coming website page) up and I’ve seen the market come down.
I think this is one of the least risky ways to invest in crypto. There’s no investment that is a guarantee that you will not lose money. But the point is that you can lose money. You have to know that upfront. There’s definitely risk involved. So you have to know that this is cryptocurrency. So I just want to make sure we are on the same page with that before we dive deeper into this.
