everything that you see on binance, can be traded. Even the down or up pairs also.

You can also link accounts from other exchanges like coinbase, ftx, gemini and more.

But for safety reasons, I highly recommend that you only play stablecoin pairings. I only choose usdt or busd pairs .

And I stick to the top 80 traded coins.

I also have what they call as "Gordon bots", which is a bot that monitors a basket of coins for customized trading scenarios. One bot for instance, uses tradingview "strong buy", "buy" signals to enter the market.  These bots once it is set up, will trade automatically for you. 

dont forget , the bot need to pay

The drop down red bar in the right means he cashed out or what? Or really all burn profit?

i got play forex before la.

Too stressful. To me, this makes more sense because of something I'm very familiar with the "Martingale strategy".

dollar cost averaging is a strategy that cannot lose, if you have unlimited funding.

There are settings on these bots that can fully cover a 100% drop in value. And what is the likelihood that a coin will lose all of its value overnight?

Quite low.

The bots are also working best during high volatility markets but there are methods and strategy to also make profit from low volatile markets. And even those red bags you are holding, can be turned into profit. So there are multiple strategies and settings that you can use to make $$.

After seeing what others have achieved, I believe my $100 per day target can be done.

Past 1 month, I have been playing crypto investing using resident investment sifu PrincZe advise and finding.

You can read more of his methods here: https://forum.lowyat.net/topic/5142831/+0
So far, playing this give me a profits of below:



Current average daily profits: 25usd/day

personal capital invested: $4800usd.

monthly rate of return: 44%    However, this is during what I feel is an extended bull run. I don't expect this kind of returns on monthly basis.

income tax paid : $0. (I can claim as SG income, which is tax free on all capital gains. Then I remit to MYR, at small forex fee.
One of the ONLY benefits of being a Singapore PR..)

Best performing pair:

Alice/busd.



Ayam Plans and Objectives.

So my plan is to set an average return of 100usd a day.
Based on my research and calculations, I will need at least US$20k capital. Over next few months, I will slowly building up towards this. I got other investments too, so this is just for fun and source of passive income.

I will update here if ayam managed to achieve this goal in next few months. Wish me luck.

Also, If you are interested, you can AMA on how to get started with this and the current strats Ayam is using. Just be warn, it can be abit technical if you have not play any day trading or forex before. But it's super fun to learn and relatively safe la..
:thumbsup:

**Disclaimer**

What is the risk like?

Bro you sure you know what capital gains means or not?

Capital gains is when you buy a coin and sell it maybe like 1-2 months after.

You are actively trading so it’s not considered as “capital gains”.

Regardless instrument, similar strategy can be implemented, at least this what I feel.

What are the key difference here with the bot you are using or this strategy?

Is is still leveraged ?

For FX yes your exposure is huge due to leverage, but if they remove the leverage element, it's quote low risk and impossible to open huge positions.

... i'm not holding the coin. I'm trading and turning in my gains immediately.

Look below at the trades my bots are doing instantly:



This is running in background, completely passive. No input from me.

risks as with "Martingale strategy" is that you are buying into the dip, hence, you are going more and more into "negative trade". But this is exactly what a dollar cost averaging strategy is all about.

Take stocks for instance. People always tell you to buy the dip, instead of selling at losses.

Because then your dollar cost average is lower. Then when the stock rises again in value, you will turn the loss into profit faster and hence, cash out faster.

Of course, the risk here is the value of the pair that you are trading keeps dropping, and it never recovers. Hence, you are holding a paper loss already.

other risks is you simply start bot trading without understanding the settings. - this one I can advise you.

another risk is binance shuts down overnight and you lose your money on their exchange.

or the 3C company closes down and the bots stop trading.

& finally, someone hack your account and withdraw all of the money.

This is crypto trading that we are referring to. It's obviously risky and you should only play around with money that you can afford to lose.

Very long.

Got like those u log in u press a few button then can make 100usd?

if got then i want to know

... i'm not holding the coin. I'm trading and turning in my gains immediately.

Look below at the trades my bots are doing instantly:



This is running in background, completely passive. No input from me.

Sorry didn't elaborate. I played Forex and Options before, so in terms of risk, is this more or less the same?

Which is exactly what i mean?

It will only be considered as “capital gains” if you don’t do active trading, ie, holding and selling after 1-2 months.

By doing active trading it will be considered as income which is taxable.

Hi Ayam,

This using bot ? I want to follow u try.

But $20k capital for $100 daily, better you go fx trades, can get that with far lower capital. But yes risk is high.