Show Posts
1
General Discussion / Looking for a realistic answer on profitability
« on: November 12, 2019, 09:30:30 AM »
Sorry for this double post but I think my question can be better answered in this section of the forum.
My situation is as follows. Early crypto investor and HODLer. Took some profit in the bullrun of 2017 but since held because I think it is still early days. In 2018 I have started my own business which means I can more or less decide how I spend my time. I am a good autodidact and pretty handy with computers. I don't mind taking some risk.
Currently I am looking into ways to make some income with part of my crypto holdings. One way would be lending (ca. 7% annual interest). The other way (bot) trading. If there are other ways please tell me.
Before I buy Gunbot and put serious time into the intricacies I would like to know what kind of returns I can expect when running a conservative strategy in the current bear market with an exposure of 10 - 20K USD. I am not asking for guarantees but I would like to know if this is an interesting avenue for me. Or that I am better off HODLing and lending out part of my cryptos.
What is a typical return (% per day or month) and how many hours per day do you spend trading and finetuning the bot?
My situation is as follows. Early crypto investor and HODLer. Took some profit in the bullrun of 2017 but since held because I think it is still early days. In 2018 I have started my own business which means I can more or less decide how I spend my time. I am a good autodidact and pretty handy with computers. I don't mind taking some risk.
Currently I am looking into ways to make some income with part of my crypto holdings. One way would be lending (ca. 7% annual interest). The other way (bot) trading. If there are other ways please tell me.
Before I buy Gunbot and put serious time into the intricacies I would like to know what kind of returns I can expect when running a conservative strategy in the current bear market with an exposure of 10 - 20K USD. I am not asking for guarantees but I would like to know if this is an interesting avenue for me. Or that I am better off HODLing and lending out part of my cryptos.
What is a typical return (% per day or month) and how many hours per day do you spend trading and finetuning the bot?