All that to say, I had a couple coins that dropped in value but because I was using these bots on a lot of the coins I was holding, I didn’t lose nearly as much because it was making me money in the process. I already owned some Bitcoin, Ethereum, I had exchanges setup, I had a headstart. I probably spent a few hours going through the training so to some that might be a con.
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Risky means that there’s a big upside but there’s also a big downside. And you just have to know that going into it. We talk about the more stable, slower approach to investing in our 10x Investing Course and that is where I feel very confident in over the longterm. I would never invest money that I was not comfortable losing in this. There will still be ups and downs but with crypto, it’s just a bigger roller coaster of ups and downs. Since I wrote this in May, the market has been mostly down but the bots have been continuing to passively kick out profit each day. So don’t invest your grocery money, your retirement savings or your kids college funds in this.
You need to go through the training, it’ll take some time to learn everything but then once you have everything setup, it’s super passive and it’s very set it and forget it. And you can just leave a bot run for sometimes months at a time without making any changes. And as Dan says in the class, a lot of times the best ones are the ones who just don’t do anything, just leave it alone and just let it run and run its course and just let it keep making you money passively throughout. Since I’ve began, I’ve changed my bots maybe three or four times.
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This is a unique approach to investing in crypto that I haven’t seen before at all. This is my Bitsgap account, and this is the actual trading software that I’m using to make all these trades. This is called grid trading and what we’re doing is we’re setting up a whole bunch of buy and sell lines, spread out just a little bit all throughout here for these different prices. So each time you see a little dot, it’s a buy or sell. I have two bots set up and what’s happening here is all the little dots are all the grid lines.
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