We suffered a loss last week, -3.18%. Delisting coins and a small drop afterwards led to this result. The bot has already recover from the fall of the alts, and it will take the whole next week to recover from delisting.
At Zignaly, we brought 4.3% of the profit to our subscribers over the last week. The fall of the altcoins and delisting barely hurt him. 👍
At Zignaly, we brought 4.3% of the profit to our subscribers over the last week. The fall of the altcoins and delisting barely hurt him. 👍
Last week Bibot reduced BTC deposit by 2%. It's linked to the Bitcoin pump and the collapse of all altcoins.
Last week Bibot finished with a result around zero. Too much volatility in the altcoin market. And our subscribers on Zignaly Bibot brought in more than 2% of the profit for the week!
Back to profit! Last week's result is +2.47% profit! And +2.8% for our Zignaly-subscribers.
Another good week for Bibot! +2.82% of profit! We were able to make up for all the fall we got from the Bitcoin's sharp rise this month.
We also brought +3.73% to our subscribers at Zignaly.
We also brought +3.73% to our subscribers at Zignaly.
Somebody ask about different Zignaly and Bibot: The services are very different, but the strategy is the same.
1. In Zignaly the buy price is much higher than in the Bibot (depending on the coin the difference is 0.3-0.7%).
2. Zignaly sends out 10-15 times more signals than our Bibot uses.
3. The average profit on the deal in Zignaly is 1.5-3 times lower.
4. Zignaly does not take the order book into account in any way. In Bibot, entry and exit prices are oriented towards large orders in the order book.
5. The speed of adding orders to Zignaly subscribers is from 2.5 to 8 seconds after sending the signal. In Bibot, the speed does not exceed 0.2 seconds.
6. Bibot uses unique settings for each bot to distribute the entire deposit evenly. In Zignaly, everyone has the same settings.
7. At Zignaly we send an extra signal if the coin falls even lower. In Bibot, we don't increase our position.
8. In Zignaly we do not send updates on signals, depending on the current market conditions, we do not update the selling prices. In Bibot, sell orders can change every 10 seconds. Buy orders may be cancelled if the market decline is strong and the orders have not been filled yet.
9. Cancellation of a buy order in Zignaly comes in time, and in Bibot depending on the current price (if the price has already gone up).
10. At Zignaly, we automatically sell coins by time. In Bibot we reduce the trailing stop percentage over time.
11. At Zignaly, when a stoploss or trailing stop is reached, the sale is at the market price. Bibot does not use market orders, we only use limit orders. When the stoploss is reached, the "smart sell" algorithm is activated, which places an order under a massive sell order. Usually it's higher than the current ask price. And the average selling price is higher than the set stoploss and trailing stop.
12. Zignaly has a delay (approximately 2-4 minutes) with stoploss and trailing stop. In Bibot we check the stoploss and traling stop every 1.5 seconds.
13. Zignaly cannot specify a sale price lower than the purchase price. In Bibot we update the selling price and if the coin has fallen heavily, the selling price may be lower than the buying price.
14. In Zignaly, the order size is the same for all coins. In Bibot, the order size is based on the current trading volume of this coin.
15. In Zignaly, there is a delay in placing sell orders (approximately 30 seconds to 10 minutes). In Bibot, this delay is maximum 10 seconds.
16. In Zignaly, you need to buy BNB to redeem Binance fees manually. In Bibot, purchases are made automatically.
1. In Zignaly the buy price is much higher than in the Bibot (depending on the coin the difference is 0.3-0.7%).
2. Zignaly sends out 10-15 times more signals than our Bibot uses.
3. The average profit on the deal in Zignaly is 1.5-3 times lower.
4. Zignaly does not take the order book into account in any way. In Bibot, entry and exit prices are oriented towards large orders in the order book.
5. The speed of adding orders to Zignaly subscribers is from 2.5 to 8 seconds after sending the signal. In Bibot, the speed does not exceed 0.2 seconds.
6. Bibot uses unique settings for each bot to distribute the entire deposit evenly. In Zignaly, everyone has the same settings.
7. At Zignaly we send an extra signal if the coin falls even lower. In Bibot, we don't increase our position.
8. In Zignaly we do not send updates on signals, depending on the current market conditions, we do not update the selling prices. In Bibot, sell orders can change every 10 seconds. Buy orders may be cancelled if the market decline is strong and the orders have not been filled yet.
9. Cancellation of a buy order in Zignaly comes in time, and in Bibot depending on the current price (if the price has already gone up).
10. At Zignaly, we automatically sell coins by time. In Bibot we reduce the trailing stop percentage over time.
11. At Zignaly, when a stoploss or trailing stop is reached, the sale is at the market price. Bibot does not use market orders, we only use limit orders. When the stoploss is reached, the "smart sell" algorithm is activated, which places an order under a massive sell order. Usually it's higher than the current ask price. And the average selling price is higher than the set stoploss and trailing stop.
12. Zignaly has a delay (approximately 2-4 minutes) with stoploss and trailing stop. In Bibot we check the stoploss and traling stop every 1.5 seconds.
13. Zignaly cannot specify a sale price lower than the purchase price. In Bibot we update the selling price and if the coin has fallen heavily, the selling price may be lower than the buying price.
14. In Zignaly, the order size is the same for all coins. In Bibot, the order size is based on the current trading volume of this coin.
15. In Zignaly, there is a delay in placing sell orders (approximately 30 seconds to 10 minutes). In Bibot, this delay is maximum 10 seconds.
16. In Zignaly, you need to buy BNB to redeem Binance fees manually. In Bibot, purchases are made automatically.
From Tuesday to Thursday there was a strong drop in the bot, lost 5.5% of the deposit. But on Friday and Saturday the bot managed to fully recover its losses and even finish the week with +1.5% profit!
The Zignaly bot brought +0.52% of the deposit to the subscribers.
The Zignaly bot brought +0.52% of the deposit to the subscribers.
Bibot increases deposit! +5% profit for the last week - great result!
Zignaly subscribers made 3.7% profit!
Zignaly subscribers made 3.7% profit!
This was the worst weekly Bibot trading result ever (since February 2018). They finished the week with -15.7% of the deposit. Lost all profits earned in 1.5 months. 😟
During the fall, the bot algorithm was also improved, now there will be no place buy orders if Bitcoin has fallen sharply (by 2 percent or more in 10 minutes) or is near the local minimum (close to fall). In Zignaly we no longer use trailng stop and stoploss, they were executed with a significant delay. Our bot sends the signal for sale itself.
During the fall, the bot algorithm was also improved, now there will be no place buy orders if Bitcoin has fallen sharply (by 2 percent or more in 10 minutes) or is near the local minimum (close to fall). In Zignaly we no longer use trailng stop and stoploss, they were executed with a significant delay. Our bot sends the signal for sale itself.
The result of Bibot trading for the last week is about zero, + 0.21%. Our subscribers at Zignaly got about the same result - -0.11%.
The fall has stopped. We expect strong gains this week.
The fall has stopped. We expect strong gains this week.
One more bad week result, -4.71% from deposit. In the week after another fall, we greatly reworked the trading algorithm. Increased the stability of its result. From the 18th, the Bibot stopped losing money and shows a stable small increase.
The market has changed a lot. Immediately after the fall, altcoins are not redeemed as before, they often fall even lower without any bounces. There are much more sellers now.
The market has changed a lot. Immediately after the fall, altcoins are not redeemed as before, they often fall even lower without any bounces. There are much more sellers now.