Thread by @0xZenpai

1/22 Full Transparency on Trading Bots

Let's talk:

- Strategies I Personally Use & How
- Capital Allocation
- Exchanges
- Diversification

🧵

2/22 🔶️ First off, I work with AstraBit and some of their strategists. 🔶️

For sponsorship I do get some strategies comped or discounted. I do pay out of pocket for some too.

I'll post full costs in each thread so everyone is fully aware.

NONE OF THIS IS FINANCIAL ADVICE

3/22 🔶️ For trading bots I only use @AstrabitTrading. 🔶️

Why?

Team, security, proven results, and still under the radar.

Q1-Q2 of 2023 will also melt faces with what they have coming out. *cough*#dexbots*cough*

https://twitter.com/0xZenpai/status/1604944733477937180

4/22 🔶️ STRATEGIES 🔶️

I currently run 8 different strategies.

I'll break down each one, capital used, risk management, and little bit on diversification.

Cost listed is reflective of bot+strategy fee.

Since I restructured my bots, we'll treat this as starting at zero.

5/22 🔶️ HOW TO RUN THEM 🔶️

LET THEM DO THEIR THING.

Bots run better when you treat them like, well... bots.

Don't manually intervene. Set them up and forget them.

Are they perfect? No. Nothing in trading is.

Trust the process and let them work for you.

#passiveincome

6/22 🔶️ CINNAMON TOAST 🔶️

Long only $ETH scalper from @BreadBytes_ and @TheBreadMakerr.

Capital: $800
Leverage: 3x
Risk Management: Built in
Start Date: 21 Dec 2022
Cost: $85/mo

Trading History: breadbytes.com/breadbots/cinn…

7/22 🔶️ #ETH GAMMA 🔶️

$ETH swing trader from Abraxas.

Capital: $500
Leverage: 2x
Risk Management: TP1 50/5, TP2 50/10
Start Date: 21 Dec 2022
Cost: $75/mo

Trading History: astrabit.io/pricing/strate…

8/22 🔶️ $SOL -STICE 🔶️

#Solana swing trader from @ElevateTrading.

Capital: $300
Leverage: 2x
Risk Management: TP1 50/3, TP2 50/7
Start Date: 21 Dec 2022
Cost: $90/mo

Trading History: docs.google.com/spreadsheets/d…

9/22 🔶️ FRENCH TOAST 🔶️

$BTC swing trader from @BreadBytes_.

Capital: $300
Leverage: 2x
Risk Management: Built in
Start Date: 21 Dec 2022
Cost: $75/mo

Trading History: breadbytes.com/breadbots/fren…

10/22 🔶️ CRE-45 🔶️

$ETH day trader/scalper from @warp_bots.

Capital: $500
Leverage: 2x
Risk Management: Built in
Start Date: 22 Dec 2022
Cost: $75/mo

Trading History: warp-bots.com/cre

11/22 🔶️ SPEAR-44 🔶️

$DOT day trader/scalper from @warp_bots.

Capital: $500
Leverage: 2x
Risk Management: Built in
Start Date: 22 Dec 2022
Cost: $75/mo

Trading History: warp-bots.com/spear

12/22 🔶️ GOBLIN CHOP BOT 🔶️

#BTC swing trader from @GoblinBots.

Capital: $300
Leverage: 2x
Risk Management: Stock
Start Date: 21 Dec 2022
Cost: $95/mo

Trading History: docs.google.com/spreadsheets/d…

13/22 🔶️ INICIADO 🔶️

$DOT swing trader from @pablo_algoboss.

Capital: $200
Leverage: 2x
Risk Management: SL -2.89%, TP1 50/3, TP2 50/6
Start Date 21 Dec 2022
Cost: $70/mo

Trading History: astrabit.io/pricing/strate…

14/22 🔶️ TRADING TYPES 🔶️

Swing Trader
- Longer time frame trends, stays in trades longer, less trades / mo.

Scalper
- Short time frames, gets in and out quickly, smaller more frequent trades.

Day Trader
- Looks for daily trends, has a smaller TP than regular ST.

15/22 🔶️ DIVERSIFICATION 🔶️

Ex. Running an #eth scalper along with an #eth swing trade bot.

ETH swing trade bot will stay in trades longer and the scalper can capitalize on movements within the swing bots trades.

Using ETH Gamma and Cinnamon Toast together.

16/22 🔶️ EXCHANGES 🔶️

I have used ByBit, OKX, Kucoin and BitGet.

I used ByBit for the longest time but recently moved everything to OKX.

Nicer UI, easier subaccounts and funding.

ByBit works perfectly fine so also a good option.

17/22 🔶️ QUESTIONS YOU MIGHT ASK 🔶️

Why do some bots have more capital than others?

Risk management. More capital in ones I KNOW do really well, less in ones who might be struggling a bit now.

This WILL change, and I WILL add more to the others.

I'm not rich lol

18/22 🔶️ HOW DO YOU GET STARTED? 🔶️

Head over to astrabit.io/auth/register/… and register. (20% off using the link too 😉)

Fund your exchange and link it to AstraBit.

Link your API.

Create your bot in minutes!

Video guide:

19/22 🔶️LINKS 🔶️

I have affiliates with some exchanges you can use with AstraBit and it would help me out if you used them. 😃

You'll also get a discount on some fees. 💰

OKX: okx.com/join/0XZENPAI

BitGet: partner.bitget.com/bg/C0YSWQ

ByBit: partner.bybit.com/b/0xzenpai

20/22 🔶️ KEEP AN EYE OUT 🔶️

AstraBit has a TON of features coming out. We covered it in an AMA we did in the @CryptoKingdom07:

I will be making a lot more content and posting to YouTube, Discord, TikTok, and Twitter.

21/22 You can read the unrolled version of this thread here: typefully.com/0xZenpai/UVSIs…

22/22 I hope you've found this thread helpful.

Follow me @0xZenpai for more.

Like/Retweet the first tweet below if you can:

https://twitter.com/0xZenpai/status/1605911049802088450

youtube.com/c/AlphaChill