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How many of you use bots to day trade?

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by COINS NEWS 121 Views

I'm currently in two different projects right now that are working on BaaS (bots as a service). In one, you buy the NFT and the money you paid for it is what's traded using a grid trading bot on Dexs. It pays 15% of gains per week, they take 15% and compounds 70%. I can sell the NFT on the open market at any time. This is starting in a few weeks but I also personally have paid for the grid trading bot to use myself that they will be using (a partner of the team provides this bot for $500) but I am not the greatest at it and don't have the time required to do well.

Another one will use a DAO and is more of a deposit/withdrawal system at any time. Instead of grid trading, this one is more of a predictive AI model and is actually in the process of becoming registered with the Bank of Spain as a financial institution so they are legally allowed to trade other people's money. This one is a month or two away from being live also once they obtain the license (fucking beuracreacy).

I am hopeful to make some passive income from the projects above. As I stated above, I have also used the grid trading bot with some success personally but not consistent enough.

I'm just wondering how many of you use trading bots, did you buy or make them yourselves? Does someone else trade for you? And most importantly, have you made money using trading bots? It's becoming more clear to me that, especially in a bear market, this would be a great way to weather the storm until the market turns.

submitted by /u/Ineedmonnneeyyyy
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