I Spent RM10,000 on Crypto Trading Bots

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  • čas přidán 31. 07. 2024
  • I spent RM10,000 on Crypto Trading Robots
    I spent RM10,000 on Crypto Trading Robots and the reason why I'm actually doing this is simply because too many of you guys have been asking me if crypto robots can make you a crypto millionaire? Is it true that all you have to do is to goyang kaki on a beach and the robot runs everything?
    🔽 Timestamps
    0:00 Why Spend RM 10,000?
    02:02 Grid Trading Bot
    06:38 Smart Rebalancing Bot
    09:19 Martingale Bot & Earnings/Losses
    🎓 Gaming For Good Axie Infinity Scholarship Program
    👪Discord Community:
    / discord
    📜Google Form:
    English Sign up: forms.gle/Qp2r4r2D6CprrZLg6
    BM Sign up: forms.gle/sXGVh5RGsnfpWRfPA
    📱Follow me for quick updates on the scholarship!
    Instagram: / _chunweng_
    Twitter: / chunwengeth
    ⚒️ Tools Required
    Pionex Invite Link: www.pionex.com/en-US/sign/ref...
    -----------------------------------------------------------------------------------------------------------------------
    This video is similar to I Spent $10,000 on Kucoin Crypto Trading Bots
    Kucoin Trading Bot Tutorial: Auto-money? and
    Crypto Trading Bots: Are They Worth It? 🤖
    -----------------------------------------------------------------------------------------------------------------------
    Intro
    I spent RM10,000 on Crypto Trading Robots! I hope this video helps to clarify what a crypto robot actually does, stay tuned!
    Overview of Pionex Robots
    In this video, I'll only focus on the trade section of the Pionex Robots and the three of the most common bots that you will see in just about any crypto robot app out there.
    Grid Trading Bot
    A bot that will automatically run buy and sell orders between two specific price points that we will set.
    Why use Grid Trading Bot?
    1. Executes 24/7
    Instead of having to look at the monitor all of the time, you can be surer that your strategies will take place even when you’re sleeping.
    2. Removes Emotions
    There’s always a tendency to want to buy more and the opposite is true as well but a robot is just a line of codes buying and selling, allowing you to think with logic instead.
    3. Risk management
    With the parameters or settings that you set and the robot’s function, you’re unlikely to make decisions based on your emotions.
    Smart Rebalancing Bot
    Say your portfolio is about 50% ETH, 30% BTC 20% SHIBA coin, no matter what happens in the market the smart rebalancing bot will continuously sell or buy your coins to make sure that your portfolio will always be balanced.
    Martingale Bot
    It’s called the Martingale Trading Bot simply because it uses the Martingale principle, in summary, it means if you lose many small rounds but you win one very big round, you still win.
    What’s the strategy and when should you use the Martingale Bot?
    1. Choosing good coins.
    As long as this coin has good liquidity, then the price will not drop to zero in the long term, and the Martingale Bot can help to make profits.
    2 Timing.
    Most Martingale Bots will make a profit unless the price keeps going down without returns after getting started.
    AI strategy
    There are two types of AI parameters
    1. Balanced type
    Will buy a certain amount of coins for every 1% drop, and take profit for every 1% earned;
    2. Conservative or safer type
    Will buy a certain amount of coins for every 5% drop and take profit for every 1% earned.
    The balanced type has moderate benefits and risks, while the conservative type has lower risks and lower returns.
    How much have I actually earned?
    That's for you to find out in the video :D
    ----------------------------------------------------------------------------------------------------------------------
    DISCLAIMER: Hey guys, it's true that I have worked in 3 different banks as a financial analyst but I am not a financial advisor, just like you guys, I'm learning as much as I can, please do not take any of this content as guidance for buying or selling any type of investment or security. Anything said on this CZcams channel should not be seen as financial advice, this is merely me sharing my own personal opinion. Your own results in the crypto/stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock/crypto market so don't forget to do your own research and due diligence before making any investment decisions.

Komentáře • 54

  • @chunweng
    @chunweng  Před 2 lety +21

    Subscribe or I'll steal your Maggi

  • @rajaria9750
    @rajaria9750 Před 2 lety

    Great content & insights ... You will go extremely far 💪😄

  • @alwin_sensei
    @alwin_sensei Před 2 lety +1

    love your content and honest opinion, keep it up !

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @NicholasWongFitness
    @NicholasWongFitness Před 2 lety +3

    thanks for the bot insight🙌🏻🙆🏻‍♂️

  • @plsbenice4600
    @plsbenice4600 Před 2 lety

    Great video 👍

  • @justifyer24
    @justifyer24 Před 2 lety +5

    once again my right ear felt lonely. It's kinda like your signature style. XD

  • @4.7mviews60
    @4.7mviews60 Před 2 lety +4

    Hi bro! Just subscribed. Hope you notice my question. So for Axie Infinity, is it worth to get start right now? And if someone winning SLPs, does that mean someone will also losing SLPs( btw I haven’t played it yet). Does Axie infinity has some sort of “gambling” concept?

    • @kosongkosong1467
      @kosongkosong1467 Před 2 lety

      No, SLP is used to breed axies. You can hold into it.

  • @izhamsaad
    @izhamsaad Před 2 lety

    good vid indeed :) imho crypto space not suitable for bots. i just feel it's way slower than forex.. and price swing not as per forex as well.. and for those been sold with the idea we need to keep up with every price point - trade like a zombie, that's something not true about trading.. .

  • @NatalieRath
    @NatalieRath Před 2 lety

    Interesting video!

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @donnsgaming4937
    @donnsgaming4937 Před 2 lety +1

    my left ear enjoys this vid

  • @Rainingirl8989
    @Rainingirl8989 Před 2 lety

    Nice video
    I wish to apply the Axie scholarship 🙋🏻🙋🏻

  • @kenken-xp3yt
    @kenken-xp3yt Před 2 lety

    so i wanna ask royalQ robot trusted? i

  • @aliimran9272
    @aliimran9272 Před 2 lety

    Haraplah ye 😅😅😅

  • @kingvic7
    @kingvic7 Před 2 lety

    can I just use the martin gale robot as DCA and not set a sell limit order every 1 % profit?

    • @chunweng
      @chunweng  Před 2 lety

      Yeap should be able to change it in the settings area

  • @justinwong2060
    @justinwong2060 Před 2 lety

    there is no audio

  • @faiezanfazlee9579
    @faiezanfazlee9579 Před 2 lety

    Hi chun can check on luna rush and how to set it up?

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @AfifTyro98
    @AfifTyro98 Před 2 lety +3

    ni hao bro, wo ai ni

    • @chunweng
      @chunweng  Před 2 lety

      Wo ai ni too, thanks for watching 😂

    • @AfifTyro98
      @AfifTyro98 Před 2 lety

      @@chunweng bu ke qi 😁

  • @leeyanlau
    @leeyanlau Před 2 lety +2

    why is the audio only in the left ear T^T

    • @chunweng
      @chunweng  Před 2 lety +2

      Ahh technical error 🥲

  • @justinling5983
    @justinling5983 Před 2 lety +1

    no audio?

  • @BlitzboyGaming
    @BlitzboyGaming Před 2 lety

    Don't steal my maggi mee.... I need it to survive the bear market.

  • @sasnapillai8125
    @sasnapillai8125 Před 2 lety +2

    Bet you wont steal my maggi!!

  • @akifidham6797
    @akifidham6797 Před 2 lety

    What are the reasons you join this robot rather than royal q?

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @Kensean99
    @Kensean99 Před 2 lety

    Hi sir , do you still play axie?

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @dlee7345
    @dlee7345 Před 2 lety

    How's ur results of the rm10k curious to know

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @siangshen
    @siangshen Před 2 lety

    Why your video mono volume .......i still tot my speaker spoilt. Its 2021 why still mono ?

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @muhhamdshabbir1345
    @muhhamdshabbir1345 Před 2 lety

    Hello boss my name is muhhamd shabbir Pakistani from Malaysia I want to training of crypto trading

    • @whatsap460
      @whatsap460 Před 2 lety

      👆 👆 👆 👆 👆 👆
      DM for guidance and mentorship...

  • @cyncyn4954
    @cyncyn4954 Před 2 lety

    Don't rotate your phone then u can enjoy with both ears

  • @syt5116
    @syt5116 Před 2 lety +1

    12th like hahaha

  • @piagetsam
    @piagetsam Před 2 lety

    Robot is scam, period.