Taxes Crypto Trading Bots 2022

the recent outcomes of the rule-based algo trading bots…Taxes Crypto Trading Bots that i released on the coin rule platform just over a week back now before we enter the weeds and break down those numbers if you’re not acquainted with coin rule it is a platform that allows you to set up and deploy rule-based algo trading bots now if you’re not familiar with the term rule based it is generally if this then this type technique and when we delve into the numbers i will show you an example of my rule-based strategies but very first let’s have a look at what your minimum investment would be to get going and you can actually start free of charge that’s right no dollars and i will leave a link down below in the description and you can actually get going free of charge if you follow the link in the description down below and with the complimentary account you’ll get 2 live rules which is essentially 2 live bots uh 2 demo rules they use some templates to assist you get started and the totally free account enables you to link one exchange which is similar to all the other crypto bot platforms that i release you are technically not sending cash to coin rule you’re linking your exchange via api secrets and therefore your cash stays on the exchange your bot sends out

Is Coinrule safe?

purchase or sell orders based on your method in your place and therefore your money is as safe and secure as it can be when it’s being hung on an exchange now if you decide to invest in the next bundle you undoubtedly are going to get more features more bots to run more templates you can work from you get leverage techniques you will also get live telegram and text notifications so in reality it is possible to validate this thirty dollar a month investment now with that all being said let’s enter the numbers from my main control panel you can see i have two rules currently live and active i also have a couple that completed and if you wish to see the video where i configured all these rules i’ll leave a link down in the description below likewise now would be a great time to shoot the subscribe buttons so you don’t lose out on future videos as i will be continuing to set up more bots on this platform now the two completed bots you can see sort of finished as a wash one was up a really percentage

 

What exchanges does Coinrule support? Taxes Crypto Trading Bots

and one was down a really percentage now the scalping bot certainly requires some tweaking however i believe it has a lots of prospective now my next rule base area will be this scalping bot with a couple of changes now let’s have a look at the present active bots now the very first bot i deployed on the platform was this demo bot i was doing my reconnaissance on the platform and we can take a look at the numbers behind this bot it is once again running on the demonstration platform so the exchange is demo exchange and i released it a couple of weeks back and here is the guideline based series and it is if eth has moving average nine crossing above moving average 50 in a time frame of one hour by 1000 usd of that coin that coin underneath with my usdt wallet and after that if that coin once again being has moving typical 9 crossing below moving typical 50 in a timespan of one hour sell 100 of total balance of that coin to my usdt wallet or if coin from first action very first action the buy of eth has

Taxes Crypto Trading Bots

 

rsi greater than 90 in an amount of time of one hour so 100 of overall balance of that coin to my usdt wallet generally as soon as it becomes oversold i want to leave before it starts to sell off and then the execute function is how many times you desire the bot to actually perform these guidelines and in this case i chose nine and if you examine here it’s been set off 7 of those nine times and has up until now attained an earnings of almost 26 percent or 260 usdt and considering it’s been live for less than a month up until now it’s winning the fight now if i scroll down we can take a look at the actual orders and you you can see the buy and then sell for an earnings you can look at another buy cost a revenue here’s a buy and a sell for a loss and then this latest buy and it’s currently still because position all right so i can leap back to my rules on the menu bar over here on the left by clicking guidelines and we’ll take a look at a live fire bot on my kraken exchange so i just click

Is Cryptohopper safe?

the bot and you’ll see the exchange is breaking i deployed this bot on january 24th so it’s been running for simply over a week and within that time frame it’s currently up practically 15 so once again winning the fight it’s not secured a big dollar quantity as this is a new platform and i’m still doing my recon on the platform so i’m starting out little and ultimately we’ll provide these bots more ammo and so if we look at my guideline based series it is somewhat similar to the demo bot clearly i saw that working so i made use of a few of that info in this rule sequence as you can see if eth has moving average nine crossing above moving average 50 in a time frame of one hour now the next action is an addition i made it’s a and if eth has rsi greater than 40 in a time frame of 40 hours by 100 usd of that coin with my usd wallet as a market order so the distinction on this bot is this guideline here and again if you wish to see how i configured the guidelines there’s a link to that video in the description listed below and now the next action is certainly going to be the sell side of the order so i need and at any time if eath has moving typical nine crossing listed below moving average 50 in an amount of time of one hour cell 100 usd of e to my usd wallet as a market order then i added the or action if coin from first action being the buy action of eth has actually price decreased by 4 percent within four hours

 

sell one numerous quantity bought of that coin to my usd wallet as market order and after that the execute i had actually run four times so far it has achieved 3 of those 4 engagements and if we scroll down you can see the history the first action guideline was developed on january 24th 2021 and then we see a trigger where the condition was fulfilled and for that reason a buy signal was sent and then a sell signal was sent for a small profit the next trigger that was met we had a buy and then a cell for a loss and after that the last trigger with the condition satisfied we got in and out with a good earnings and that is the live fire that occurred for us to get to this practically 15 percent profit and you can see the only time i actually dipped into the negative was right in this area here and back in this area here and after that certainly eth had a huge run up just recently and the bot took full advantage of that and has actually cashed in for a good profit so i believe that basically covers it up i simply wished to do a fast video and offer you all an update on the bots that i have actually deployed on the coin rule platform and i will be releasing more bots in the future so now would be a great time to shoot that subscribe button likewise if you like this video do me a favor and surge a like if you have any questions or comments be sure to drop those in the comment section down listed below i will drop a link to coin rule in the description down below and up until next time remember never ever send your money into battle without first doing your reconnaissance see you Taxes Crypto Trading Bots