This is how I’ve made $17,703 in passive income with crypto trading bots.
Recently, I shared how I made $9,359 in passive income with crypto bots. That video has gone viral! So I’ve decided to update everyone on my progress a few weeks later.
For those of you who don’t know, crypto trading bots are a set of programs that buy and sell cryptocurrency.
Crypto bots make you passive income off of the volatility of cryptocurrency. As it goes up and down, you make money.
If you want to learn how you can take advantage of this cryptocurrency investing method, read this!
Watch the video below:
(Click here to watch on YouTube)
Do you want to know how I’m making passive income every day with Crypto Bots? CLICK HERE to learn my secrets!
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Cryptocurrency is history’s greatest invention since the Internet.
This is how Roger Ver, one of Bitcoin’s earliest backers, has described cryptocurrency. I couldn’t agree more. A lot of people are making money from cryptocurrency, which means that you can as well.
At the same time, there’s a lot of people who are losing money from cryptocurrency. Hence why I want to make sure that you are aware of the risks before investing in cryptocurrency.
I want to mention that I am not a financial advisor or cryptocurrency expert. I am not here to give you investment advice. Rather, I merely want to share my experience with investing in cryptocurrency. You must do your research and be responsible for your own investment decisions.
I set up my crypto bots on a platform called Bitsgap. This is a trading software that automatically links with a cryptocurrency exchange, like Coinbase, Binance, or Kucoin. These are popular exchanges that people use to buy and trade cryptocurrency. Bitsgap allows you to connect via API to your cryptocurrency exchange of choice.
My Crypto Trading Bot Returns
Currently, I have 17 bots set up and running. These bots have made me $17,703 in passive income in a few months. This is called the sum bot profit.
The total return on my investment has been 19.31%. That’s amazing because I’ve only been investing for two months!
The sum value is the total value of the money that I’m currently investing in these 17 bots. Right now it’s over $102,000. This number fluctuates based on my bot profit and the volatility of the coins that I’m holding. Each coin appreciates and depreciates.
Recently, we had a sell-off in the crypto space. Bitcoin dropped to below $54,000. Multiple drops in Bitcoin’s price over the last couple of weeks reflect a pronounced decline from the high it set on Nov. 10 when it went over $68,000.
However, remember that there are always ups and downs with cryptocurrency. That’s how I’m able to benefit from it. The more volatile cryptocurrency is the more trades that my bots perform. The more trades that my bots perform, the more that they buy and sell, the more passive income that I make.
Watch the video above where I show you my crypto trading account and walk you through how I made $17,703 in passive income in a few months!
The sum total P&L (profit and loss) is the amount of money I would have made in total if I closed down my bots today. As of now, that’s $11,000. However, I don’t pay a lot of attention to this number because it fluctuates so much and I don’t plan on selling any of my bots anytime soon.
Instead, I pay attention to the bot profit. This is actualized money, meaning money that is in my balance. I don’t need to sell anything to have that money. You can do anything that you want with this money, whether that’s setting up new bots or taking that money out of your exchange to pay bills.
As long as you leave your bots running and your coins continue to wiggle, you will continue to make passive income. You only make or lose money with cryptocurrency when you sell it.
The average daily return reflects the daily return of each of my 17 bots. Currently, my top-performing bot generates a 1.88% return per day. This is also known as a wiggle rate. The more that the price of a coin wiggles, the more money that I make.
If you watch the video above, every red dot that you see on my Bitsgap account means that the bot sold a little bit and made me some money. Conversely, when you see a green dot that means that the bot bought a little bit of the coin that I have the bot set up for.
When the coin goes down, the bot buys. When it goes up, the bot starts to sell. Bots are only designed to make money. They conduct trades automatically once you’ve set them up in a certain way.
Minute by minute, trades are occurring.
As an example, over 7 days, I’ve made $690 which is an 11.27% return. That’s an unbelievable return. I don’t know where else you can invest like this. Originally I set up bots with $3,000-4,000. Today, I’m setting up bots with $5,000-6,000.
The original amount that I’ve invested in crypto bots is $80,000. Keep in mind that you need a minimum of $3,000 to set up a bot. You can set up a bot with less than that, but it’s riskier and it doesn’t work as well.
My best-performing bot thus far involves XPR. I set up this bot 2 months ago. It has performed 27,250 transactions. It’s wiggling at 1.22% every day and I’ve made $3,630. That is a 96% return, and I only started this bot with $3,000. This goes to show how much passive income you can make over 2 months with a $3,000 investment.
Think of each bot as if it were a piece of real estate that you own. Let’s say that each real estate property is worth $3,000-6,000. If you buy a piece of real estate today, but the real estate market crashes tomorrow, you’ll only lose money if you sell your property.
If you have tenants who are renting from you every month, even if your property drops in value, you’re still making money from it because they’re paying you rent. The same concept applies to crypto bots. Even if your coins drop by 20-30%, your bots are still conducting trades and making you passive income.
This is how I’ve made $17,703 in passive income with crypto trading bots.
Of all the money that I’ve made in my career, this has been the easiest money that I’ve made. Hence why I plan on investing over $100,000 into crypto bots. What I love about this method is that it doesn’t require hard work.
All it involves is learning the steps, sequences, numbers, and parameters. Once you’ve set up your bots, which takes less than 10 minutes, you can start making passive income right away. This method is as passive as it gets.
Do you want to know how I’m making passive income every day with Crypto Bots? CLICK HERE to learn my secrets!
