💹 My 3-Day Journey Testing Binance's Bot! 🤖💰
Curiosity led me to invest $200 in Binance's own bot for a unique trial run. 🧪💸 Setting the bot for technical analysis on BNB, focusing on the last 7 days' resistance and support, I aimed for precision.
The strategy: buy at a 0.23% dip and sell at a 0.28% gain. 📈🤖
Over the course of 3 days, the bot executed 22 operations, with the grand finale being a mere two cents profit. 🎉💲 If I had simply bought and held BNB for two days, I would have faced a $2 loss.
While this might be considered a modest success, the reality is, it's peanuts. The bot demands maintenance, and in a swiftly moving market, it could easily miss the mark. In the frenzy of a bull run or a crash, the pace might outpace the bot's parameters.
Interestingly, the true winner here was Binance, racking up fees from 22 transactions. 💼💰
Anyone else willing to share their bot-testing adventures? 👇💬
#TradeNTell #Write2Earn #CryptoBotExperiment #BinanceBot #TradingAdventures $BNB $BTC $ETH