Hello everyone! This is Jonathan with my week 7 update of BTC Robot at Medium Risk Setting.
What happened this week?
I made a profit of US$2.48 (US$515.42 – US$512.94) for this week which is a slight improvement from the previous week where I actually made a loss of US$7.39.
My overall profit stands at US$10.51 from my total investment of US$504.61. This is about 2.08% return on my total investment.
Here is a screenshot of how my robot looked like for this week:
As you can see from the graphs in the screenshot, the price of bitcoin dropped tremendously from 3 Oct 2013 to 4 Oct 2013. It only started to rally back to its initial pricing from 5 Oct 2013 to 11 Oct 2013.
That explains why my profit margin is still relatively small for this week. I expect better things to come in the coming weeks for this month. So stay tuned for my further updates…
Here is a summary of trades that took place in the BTC-e account. Note that there are a lot of trades which cannot be covered in the screenshot due to increased volatility and an update from the BTC robot development team to the frequency of trades for the robot. You can learn more about the update here.
That’s all for this week folks! If you have any questions, feel free to drop me an email by using my contact form.
To your bitcoin trading success!