ETH/BTC Pionex Grid Bot update after 3 months
- arnie1899

- Aug 2, 2022
- 1 min read
Instead of earning in stablecoin, I wanted to try to accumulate Bitcoin directly. I've started two bots three months ago (one normal, the other with 1.5x leverage) just before the dump. I bought 500 USD worth of BTC and then started the bots (50-50 of the capital). In the video is shown a quick view of the bots, where you can check a lot of parameters; in the screenshots, there are plenty of informations after 3 months.



All in all, bot accumulated BTC also while in the dump thanks to the right resistance levels I've chosen. Naturally, it is in loss (if converted to stablecoin) because I started it before the dump (BTC 30k - ETH 2k). This is a long term bot: I don't have any plan to cashout now or in the years to come, hoping that ETH/BTC moves between 0.05 and 0.09. Anyway, now Pionex allows to edit price range, but you need to add investment proportional to the quantity or wideness of grids.
Another point is the borrowed margin: interest is not high (on 0.004 borrowed BTC, about 2 dollars after 3 months).



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