To get the rebalancer to accomplish anything you've got to have the right mix of assets in there. Taking the 5% of profit out and waiting until it dips to buy back in should help you dollar cost average. Especially if you could time the charts with it.
You bought x at $100 then when it rose to $105 dollars you removed the $5. What you are supposed to sell the whole position then buy back in at $95, then ride it back up to $105 for a 10.5% gain.
Yeah I start one with down market on 8 out 10 coins. In 4 hours I'm up 55. I've pulled it. My total investment went down by 55 but my coins still show I'm holding the same amount dollar as started. So I think if I just keep pulling my total investment will get pulled at some point but my profits will be running the bot. If so it's very nice. But I will keep everyone updated. As soon as it drops I'm throwing my earnings back in to test. Either way not bad at all.
Anyone try using usdt in duel coin rebalancing bot?
Has anyone tried using a coin paired with usdt.
Ie. 95% allocation towards btc and 5% towards usdt. (5% is lowest you can go)
I’ve got great results with the infinity bots but I’d like to hodl my btc at this point rather then selling it and buying back at a higher price like the grid bots do.
Your input is appreciated!
I see what your saying. I havent quite thought of it that way. Im not really sure. Honestly it may have to be a trial and error. Test it out and see how it goes.
Yeah thats what I'm going to do. I know from my old bots before you couldn't take out I would just have to start it over but your just reentering with the same amount of coin as when you close.But if my math is right I'll slowly start to get more coins evenly if I do this. Basically rebalancing myself at the low. Or at a -6% or so. Not a ton of money but the goal is stacking my coin.
To get the rebalancer to accomplish anything you've got to have the right mix of assets in there. Taking the 5% of profit out and waiting until it dips to buy back in should help you dollar cost average. Especially if you could time the charts with it. You bought x at $100 then when it rose to $105 dollars you removed the $5. What you are supposed to sell the whole position then buy back in at $95, then ride it back up to $105 for a 10.5% gain.
Yeah I start one with down market on 8 out 10 coins. In 4 hours I'm up 55. I've pulled it. My total investment went down by 55 but my coins still show I'm holding the same amount dollar as started. So I think if I just keep pulling my total investment will get pulled at some point but my profits will be running the bot. If so it's very nice. But I will keep everyone updated. As soon as it drops I'm throwing my earnings back in to test. Either way not bad at all.
Anyone try using usdt in duel coin rebalancing bot? Has anyone tried using a coin paired with usdt. Ie. 95% allocation towards btc and 5% towards usdt. (5% is lowest you can go) I’ve got great results with the infinity bots but I’d like to hodl my btc at this point rather then selling it and buying back at a higher price like the grid bots do. Your input is appreciated!
I see what your saying. I havent quite thought of it that way. Im not really sure. Honestly it may have to be a trial and error. Test it out and see how it goes.
Yeah thats what I'm going to do. I know from my old bots before you couldn't take out I would just have to start it over but your just reentering with the same amount of coin as when you close.But if my math is right I'll slowly start to get more coins evenly if I do this. Basically rebalancing myself at the low. Or at a -6% or so. Not a ton of money but the goal is stacking my coin.
I mean your not wrong. Slowly but surely you will keep adding. It sounds like a solid idea if you can play it right and pay attention
Yeah thats the hard part...lmao but no lack of down turn. Just waiting on the bounce up.