The 66-Days Bitcoin Case Study
Revealing the tools that crypto whales use to manage their wealth.
Crypto investing is not as easy as it seems. But there are intelligent ways to get your foot into the crypto management world without spending your nights reading charts or watching educational YouTube videos.
A report from CNBC found out that about 70–80% of the traded volume in crypto is from algorithm bots.
Meaning, that even if fundamental analysis and global events have the most significant impact on the charts, your number one competitor on the other side is still not a human. It is a trading robot.
Today we will share with you our most comprehensive report to date. It’s a thorough analysis of our best-performing trading bots during the 66-days bear market between December and March. Let’s get started!
Unveiling The Secret Crypto Trading Bot Report
In the last 12 months, we published over 60 weekly trading reports on Twitter and Telegram. We also got thousand of objective feedback from our investors. We shared with you both the ups and downs.
Some of our best case studies turned into Medium articles like the 35 Case Studies Of Bitcoin VS AI/ML Trading Bots. The others were carefully tracked on the back-end to help optimize our future products.
But what has been done by one of our private investors is unparalleled. Tiago launched 12 One Button trading bots and let them trade for 66 days. He drew valuable sentiments from each trade. After that, they were calculated and compared.
A view from above of the exhilarating report from Tiago.
Doesn’t this look fascinating? Now, let us attempt to deconstruct each component and determine what they mean!
Doing 25% Better Than Bitcoin and Ethereum
Bitcoin accounts for up to 42.50% of the global liquidity invested in crypto, while Ethereum takes its fair share of about 18%.
Crypto enthusiasts believe that the two digital currencies will be the primary medium for the exchange in the near future. The good news is that we are still at only 3.9% mass adoption, according to Business Insider.
That opens plenty of opportunities for you to take an early step in the cryptocurrency world. But how exactly should you do that if you have no prior experience in trading crypto?
Answer: Just trade like the whales* and invest by using a trading bot.
Whales are entities — individuals, institutions, and exchanges — that hold significant amounts of tokens of a particular cryptocurrency.
NOW! Here is the 66-Day Bitcoin Experiment:
- 65,52% of the trades were profitable (See full report)
- Positive net gain of +8,81% during a bear market
- Less than one trade per day (typical for downtrends)
- Second highest profit factor market pair (TRX being first for the same bot)
Is this jerry-picked?
Okay, but does it work only for Bitcoin? Was it a lucky strike?
Examining Ethereum/USDT, we can see:
Performer v2 marked an astonishing win of +27.53% against ETH. Even if the final result is less than 2%, the losses on a portfolio saved are more than 25%.
So far, the result is 2:0 for AI VS Bears :)
Saving More Of The Portfolio From Catastrophic Losses
Tiago also ran a Performer v2 bot in the Binance Coin/USD market pair. And here is where things get a little bit tricky….
The BNB market results are not magnificent. But the bot saved 19% of the capital that otherwise would be gone with a holding strategy
The most noticeable things here are:
- 64% of the trades were indeed profitable (equal to the BTC pair)
- A net loss due to the larger volumes during the bad trades
- It’s the only one of 5 crypto pairs that didn’t score a positive profit factor
Despite the slight underperformance in the BNB/USDT pair, the Performer v2 strategy has an average success rate of 64.9%.
How Does It Compare To The Other Bots?
Luckily, our analyst ran several other trading robots during the same period. Here’s a brief overview of their results and what they mean:
As you can see, P2’s predecessor did not fare well in the most recent market.
Despite being the number one AI in 2021, it shows why not only the trading strategies should be adaptive but also the technology.
On the other hand, Astral v2 saved the investor approximately 5% of their money. It also executed the greatest number of trades across all trading strategies (283).
The 66-days Bitcoin experiment can be viewed as the report that put the last nail on the coffin in the trading bots debate.
If you want to compete with the whales who control up to 80% of the world’s cryptocurrency, you must use the same sauce as they do.
And because we know how overwhelming it can be for you to pick the right software to entrust with your funds we got a UX update coming your way in the next couple of weeks.