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My experience after running Binance’s own bot for 3 days

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by COINS NEWS 108 Views

I have invested $ 200 in this just for testing.

I’ve have set the Binance bot to operate in a technical analysis at BNB, resistance an support for the last 7 days.

The bot was supposed to buy at a 0,23% move down and sell at a 0,28% up.

During 3 days it made 22 operations.

The final result: two cents profit.

Result if I just have bought and forgot BNB for two days: a loss of 2 dollars.

This could be considered a good result but it’s peanuts. Because the bot would need maintenance and if the market moves fast it will be out of its range. In a real bull run or a crash the price would move so fast that will be out of the parameters.

The real winner was Binance: 22 transactions fees.

Any results to share?

submitted by /u/Horror-Badger9314
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