(+140% Gain) The Trading Bot Multiplying My Money in this Bear Market

Limitless Insights
7 min readAug 24, 2022

Disclaimer: All information is for educational purposes only and are not intended to constitute legal, tax, accounting, financial or investment advice. I am not a professional financial advisor, attorney or account, nor am I holding myself out to be. There is no guarantee that you will earn any money using the techniques and ideas mentioned in this video. All financial opinions expressed are from personal research and experience. There may be affiliate links, meaning that I’ll receive a small commission when you click on my link. The information, opinions and views contained herein have not been tailored to the investment objectives of any one individual, are current only as of the date hereof and may be subject to change at any time without prior notice. I do not take ownership of the information described here. Your level of success in attaining the results claimed will require hard-work, experience, and knowledge.

Ever since my last article about Trading Bots, I’ve been asked a lot about the ones I personally use. So today let me introduce the trading bot that’s been profitable for me as well as my experience using them thus far.

For those who have yet to see my Introduction to Trading Bots, click here.

Just like many others, when the bear market first hit, triggering the massive sell offs all across the major cryptocurrencies, I was greatly affected. Since most of the DeFi projects I was involved in, were anchored to their respective major cryptocurrency such as ETH, BNB or AVAX, when those took a hit, the token prices depreciated together with them. It was at this point that I got wind of Elevate Trading Bots on the AstraBit Platform and decided to take a leap of faith on their Trading Bots.

AstraBit

AstraBit is a systematic quant software focused on digital asset pairings, in particular BTC/USD, ETH/USDT, XRP/USDT, LINK/USDT, XTZ/USDT, as well as other pairings that are being analyzed and included over time.

They use predictive analytics by combining highly sophisticated statistical and mathematical modeling to determine price action trends and patterns.

It is the culmination of the team’s combined 20 years of knowledge & expertise in finance, trading, mathematics and programming into a quant software that takes a methodical and mathematical approach to current and past price action to make more accurate determinations of future trends.

Applying all of that expertise as well as more than a decade specifically studying, analyzing and trading Digital Assets, they have developed a cutting-edge, thoroughly tested, and highly profitable digital asset software analysis tool.

Risk Management

Total control at all times over your risk and exposure in any trade. The bot will follow your preset instructions, you have the power to adjust your stop loss, take profits etc. whenever you want, even in the middle of a trade.

24/7 Trading

AstraBit’s software works for you every minute of every day, 365 days a year allowing you to set it, forget it and go live your life. Signals are sent and acted upon even while you lay in bed asleep, allowing a true hand-free approach.

High Security

AstraBit CANNOT withdraw your funds from your wallet, nor will you ever store funds with AstraBit. Adding 2FA, machine learning intrusion detection system, and anti-ransomware software and you can see that they take your security very seriously.

Market Analysis

Your bot can trade any open source or proprietary strategy you want. Or simply instruct your bot to mimic, copy and/or follow AstraBit’s trade secret algorithm on your behalf.

Platform Features

Portfolio & Performance

With one glance, your AstraBit dashboard provides you with all the information you need including:

  • Your total available equity
  • Your aggregate Profit & Loss (P&L) for all your active bots
  • The P&L for each individual bot
  • Portfolio asset allocation & balance
  • Easy one click trading and hedging

Quick Bot Access

Simple one click individual bot review including discrete bot trading, hedging, editing, and risk management.

Position Analytics

See all the information you need to know such as:

  • P&L
  • Entry price
  • Current Market price
  • Position
  • Active Signal
  • Stop loss & Profit Taking locations
  • Number of Contracts

Risk Management

Adjust your risk management and take profit settings in real time with a user friendly, easy to use drag and drop feature.

Connect & Control Flexibility

Once you connect your exchange API to AstraBit, you are now in total control.

Simply set up your bot trade preferences and no matter whether you want to trade with a custom strategy, or the AstraBit algorithm, or manually, your bot will follow your instructions EXACTLY as you want them while allowing you the flexibility to edit your settings whenever you want and even change them in the middle of a trade.

Realtime Visibility

Not only does AstraBit provide you with the real time data of every trade you are in, but you have access to a totally confidential, fully downloadable personal trade history for your own information.

You can use this document to review your trading history and audit your investment record as well as to assist you in submitting any taxes.

The Team

A Fully Doxxed Team is always nice to see.

  • Nicholas Bentivoglio — CEO & Co-Founder

LinkedIn: nicholasbentivoglio

  • Lindsey Barrus — COO & Co-Founder

LinkedIn: lindseybarrus

  • Wesley Rollings — Head of R&D & Co-Founder

LinkedIn: wesleyrollings

  • Georgi Peshev — Founding Team & CTO & Chief Product Officer

LinkedIn: georgipeshev

  • Dimitar Tabakov — Founding Team & Chief of DevSecOps & Front End Development

LinkedIn: dimitartabakov

  • Viktor Velkov — Chief of Backend Development

LinkedIn: victorvelkov

  • Tina Tineva — Chief of Member Services &
    Support

LinkedIn: tinatineva

  • Delko Lesev — Chief of UI/UX Design

LinkedIn: delkolesev

  • Eric Bevan, Fox Rothschild, LLP — Legal Counsel

Profile: Eric Bevan

My Experience

Trading Bot Strategies I use

As you can see, I currently run two strategies — Horus from Elevate Trading as well as French Toast from Breadbytes.

Horus is a 3H swing trading bot over a longer time frame on Ethereum and has been phenomenal growing my initial investment of $1.5k to about $3.6k in the last couple of months. That’s a 140% gain on my investment even in a bear market.

French Toast by Breadbytes is a new trading bot I’ve been currently trying out for the last week, that trades on a shorter time-frame. Playing at higher leverage to satiate my inner degen, with a greater amount to start with. It currently only does longs and lacks the capability to short which might be an issue in these trying times.

The only caveat which I don’t really think too much about is the monthly subscription fee. However, the fact that they have adequate confidence in their bot to charge subscription fees, is a good indicator to me of the potential profitability of the strategy. I was skeptical at the beginning as well, so I started with a smaller amount when I first started using this platform. Now I wish I started with more but that’s just greesd speaking,

Risks

Now I won’t say any bullshit about it being 100% risk free since this is trading, you can win and you can lose. Following a bot simply takes emotions out of the picture and allow you to trade based on the information available and preset conditions. Unpredictable news or events may take place causing sudden price movement, which may trigger stop losses.

Every Trade comes at a risk of loss. The bot can be wrong sometimes too, which will subject you to a loss so be careful with the leverage settings. Higher Leverage can give you greater wins but all it takes is a few consecutive losses to wipe your account clean.

That said, so far I have been profitable and have already taken back my initial investment leaving the profits to trade and grow.

Horus Trading Strategy by Elevate Trading is the most subscribed bot on their platform, that itself speaks volumes of users’ trust in the strategy. If you’re new to this or are looking for a “Set & Forget” investment experience, I believe this would be the go-to strategy.

Just like it has worked for me as well as many others before me, hope it continues to work out for all of us.

Once again, Thank you for reading so far! :)

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Limitless Insights

Software Engineer by Day, Crypto Investor, Trader & Enthusiast by Night | 3x Top Writer in Investing, Technology, Cryptocurrency