Hi everyone, Jonathan here with my Nov 2013 results. The next update would be on 31st Dec 2013. Do check out my faq page for the latest updates to the functions of btc robot if you would like to learn more about it.
What I did this month?
I have started a case study to compare the results that I am getting from using btc robot and without using it. I will be running this case study for the long term. Hence, if you have any input to make it better, I would love to hear from you.
I have topped up my account with an additional US$200 on 31 Oct 2013.
Hence, my capital investment for Nov 2013 is:
US$662.07 + US$200 = US$862.07 (inclusive of profits from previous months)
My robot’s performance for Nov 2013
Monthly profit: US$1954.72 – US$862.07 = + US$1092.65
Monthly return: US$1092.65 / US$862.07 = + 126.75%
As you can see from the graph, this month I made a grand total of US$1092.65 worth of profits. That equates to a return of 126.75% for this month. This is really fantastic considering the fact that the price of bitcoin has been increasing like crazy over the past few weeks.
On 28 Nov, you can see that the price of the bitcoin actually went down along with my profits graph. However, when the price rebounded, I actually made slightly more profit than the previous time when the bitcoin was at that price. Hence, I can see that the robot is accurate in most of its trades.
The market is pretty volatile for the month of Nov 2013 as there are 14 pages worth of trades according to my trade history. This is reasonable considering the amount of activity that has been taking place over the past few weeks in the bitcoin world.
That’s all for this month, folks!
Feel free to leave your comments below.
To your bitcoin trading success!
HI Jonathan, I really appreciate you sharing your experience with Bitcoin Robot. I am sure you have thought of this but it is hard to tell from the charts…. My question is do you know how much if any of your profit is due to the rising price of Bitcoin? I know the robot can supposedly make money when Bitcoin rises or falls, but do you know that for sure? It looks like profit falls when Bitcoin price falls, so do we know what will happen to the robot’s profits if there is a sudden fall in the price of Bitcoin?
Hi Mike,
Based on my experience, when there is a sudden price fall, the btc robot is able to reduce the impact and come back stronger than before when the price increases. I have seen this in many instances now.
Regards,
Jonathan
Interesting that yours has made so many trades, in the last 4 days mine has made 3 trades, all in the course of 5 minutes. What do you have your robot set at? It seemed it was much more active when it had it set at medium risk. The only time my profits rise is when BTC’s values rise.
Hi Jason,
My robot is set at aggressive setting.
Regards,
Jonathan
My robot has only made three trades so far in the last 12 hours. Is that normal? How many trades per day does your Robot usually make Jonathan?