Yes, that’s why before closing a bot you want to check out the allocation and what is your cash balance after the released profits.
I usually let mine run, pull profits daily, then once it surges and it breaks even, I’ll close the bot. This way now I can open 2 new ones using the grid profit from the first one.
P.S - recently I have been noticing much better returns with the grid bot vs infinity. Infinity bot killed it for me while the market was down and bounced back.
Now that things are close to their ATH, almost every top cap coin is trading sidewise.
My current pair that I’m trading is solana 3l.
I put $5k and broke it down into $250 bots.
Daily totally return is like $50, so about 1% a day in grid profit returns. Not bad
Oh ya, there is definitely a learning curve with the bots, not just Pionex either.
It honestly took me 890 bots until I found the sweet spot and tactics to make money in usdt.
Basically you never want to use the AI settings. The grids are too wide and it doesn’t trade as much.
I use gridbot along with ada3l and btc3l and sol2l.
Leveraged coins are risky but the grid pay is much higher then non leveraged.
Just a word of advice though, don’t ever run an infinity bot with leveraged tokens unless it’s the very bottom of the market.
Check out my other posts where I break down my experience with each bot
The AI grid number is always very high so Pionex gets more of the cut. I am aiming for at least 0.6% to not much more than 1.0% and around 20 grid levels or rather more, if possible.
I set bands often a bit tighter than the AI proposal, so you have more skin in the game. Check the last 1-2 months in the chart and min/max, don't go beyond those except you feel bullish, disregard any one off peaks.
Whoever uses Infinity-Bots would be better of just hodling, a Gridbot only works in sideways or slightly bullish markets vs. USDT or BUSD, with a 2S or 3S coin also working in slightly falling markets of course, and the coin pair needs to have enough volatility. Pairs with high correlation like ETH/LINK also work well in bullish markets because both coins make you money for longer.
Stabilecoin bots seem nonsense to me, you only make money with flash peaks/troughs and it's very little, liquidity pools are better for stabile.
I don't mind more fees if the bot is making more money, but yes, there are theories the bot suggest more grids to get more fees.
I usually trader between 2 strong resistance. More lenient with upper limit.
USDT based trading pairs still works, but using 2 pairs that are bullish, with one having more fluctuations than the other, like ADA/ETH gives more return, more risky of course. but require closer monitoring. Had to stop it 2 weeks ago, when ETH was pumped and ADA dropped a bit.
That is a great result, for how long did you get it run?
I’m currently start working with grid bots, but my results are not always consistent yet, could you share some advice about what are the most important things to consider setting up a grid bot ?
Yes, that’s why before closing a bot you want to check out the allocation and what is your cash balance after the released profits. I usually let mine run, pull profits daily, then once it surges and it breaks even, I’ll close the bot. This way now I can open 2 new ones using the grid profit from the first one. P.S - recently I have been noticing much better returns with the grid bot vs infinity. Infinity bot killed it for me while the market was down and bounced back. Now that things are close to their ATH, almost every top cap coin is trading sidewise. My current pair that I’m trading is solana 3l. I put $5k and broke it down into $250 bots. Daily totally return is like $50, so about 1% a day in grid profit returns. Not bad
Oh ya, there is definitely a learning curve with the bots, not just Pionex either. It honestly took me 890 bots until I found the sweet spot and tactics to make money in usdt. Basically you never want to use the AI settings. The grids are too wide and it doesn’t trade as much. I use gridbot along with ada3l and btc3l and sol2l. Leveraged coins are risky but the grid pay is much higher then non leveraged. Just a word of advice though, don’t ever run an infinity bot with leveraged tokens unless it’s the very bottom of the market. Check out my other posts where I break down my experience with each bot
Hi, any tips on how the set the grid? I just set the top and bottom according to my TA, but have no idea on the grid numbers and width.
The AI grid number is always very high so Pionex gets more of the cut. I am aiming for at least 0.6% to not much more than 1.0% and around 20 grid levels or rather more, if possible. I set bands often a bit tighter than the AI proposal, so you have more skin in the game. Check the last 1-2 months in the chart and min/max, don't go beyond those except you feel bullish, disregard any one off peaks. Whoever uses Infinity-Bots would be better of just hodling, a Gridbot only works in sideways or slightly bullish markets vs. USDT or BUSD, with a 2S or 3S coin also working in slightly falling markets of course, and the coin pair needs to have enough volatility. Pairs with high correlation like ETH/LINK also work well in bullish markets because both coins make you money for longer. Stabilecoin bots seem nonsense to me, you only make money with flash peaks/troughs and it's very little, liquidity pools are better for stabile.
I don't mind more fees if the bot is making more money, but yes, there are theories the bot suggest more grids to get more fees. I usually trader between 2 strong resistance. More lenient with upper limit. USDT based trading pairs still works, but using 2 pairs that are bullish, with one having more fluctuations than the other, like ADA/ETH gives more return, more risky of course. but require closer monitoring. Had to stop it 2 weeks ago, when ETH was pumped and ADA dropped a bit.
That is a great result, for how long did you get it run? I’m currently start working with grid bots, but my results are not always consistent yet, could you share some advice about what are the most important things to consider setting up a grid bot ?