2nd week investment results

Pionex provides an automatic trading function for crypto currencies as a service. You can combine multiple trading bots such as Grid Trading Bot, Leveraged Grid Bot, and Arbitrage Bot to build cryptocurrency automatic trading logic. For basic information on Pionex, see Trying out Pionex. On this page, we will publish the results two weeks after the start of automatic trading.

2nd week of automatic trading of crypto currency: Actual results

Arbitrage Bot

I’m making 1.78% profit in two weeks.
Since the profit margin in one week was 1.1%, the profit margin is declining.
However, looking at the performance information every 8 hours, it seems that it is still a very stable Pionex automatic trading bot, with all positive profits as usual.

Ethereum has been on a downtrend for the last week. (As shown in the figure below)
Despite this, it can be said that the arbitrage automatic trading bot is unique in that it continues to generate stable profits.

Grid Trading Bot

Next, the results of the second week of automatic trading of GridTrading Bot are as follows.
It’s still not very good. I haven’t found any reason to recommend this automated trading bot so far.

Future investment strategy

Arbitrage Bot

The Pionex Arbitrage Bot has a “stable” 1.78% profit in two weeks, so I think it is a very promising cryptocurrency automatic trading bot, with the same impression as in the first week.
Assuming that the profit margin for the second week ≒ 0.9% / w continues,
・ Investment of 10,000 USD, profit of 5900 USD in one year (52 weeks)
・ Investment of 100,000 USD, profit of 59,300 USD in one year (52 weeks)
is. (Compound interest premise)

Grid Trading Bot

Regarding the automatic trading of crypto currencies by Pionex Grid Trading Bot, as far as the results up to the second week are seen, there is still no reason to operate with this automatic trading bot.
Let’s keep the investment amount at the minimum of about 120 dollars (minimum investment amount).

In the end

Pionex provides the crypto currency automatic trading function as a service.
You can combine multiple trading bots such as Grid Trading Bot, Leveraged Grid Bot, and Arbitrage Bot to build automated trading logic.
Considering the results of the first week, I think it is a good idea to aim for an annual yield of 60% for stable operation with the Arbitrage Bot.
We will continue to publish analysis based on actual results.