Today we are going to analyze Gunbot. Gunbot is a trading bot for Poloniex and other exchangers. As you should know, Poloniex is a cryptocurrency exchanger, that is, a website in which you can deposit Bitcoins and use them to purchase other cryptocurrencies. What is the main purpose of trading with cryptocurrencies? Whether you do manual trading or you do it with a bot, the goal is to earn money.
HOW DOES GUNBOT WORK?
After executing the bot, you will see a menu with lot of options. Gunbot has 4 precoded trading strategies: BB (Bollinger Bands), 1000trades, Ping Pong and Step Gain. Each strategy has its own default settings, and if you don’t know what you are doing, the best you can do is to not change it.
The most recommended strategy according to the creator of the bot, is BB, akka “Bollinger Bands”. You don’t need to be an expert trader in order to run the bot with one of the default trading strategies. The only fields you need to change are “API key”, “API key secret” and “Max balance to trade”.
Api Key and Api key secret are alphanumeric codes that can be obtained from your Poloniex account. Just click on “Create new Api Key“, and then check your email inbox and click on the confirmation link, and it’s done, now your Api Key and your Api key secret are ready. “Max balance to trade” is the maximum amount of bitcoins you want to use. For example, suppose you have 0,50 BTC and you want to trade with 5 cryptocurrencies. Well, in this case we would set “Max balance to trade” to 0,10 BTC for each cryptocurrency (also known as pair). For example, in “Current pair”, we would put BTC / ETH, that means that we are going to use our bitcoins to purchase Ethereum(ETH) and then sell our Ethereum for Bitcoins. In this example we would be trading with 5 pairs and the maximum balance to trade for each pair would be 0,10 BTC.
WHAT CAN WE EXPECT FROM GUNBOT?
The creator of Gunbot, assures that Bollinguer Bands strategy is able to generate around 1% daily average, that is, 30% monthly, which is really good, especially considering that we don’t depend on a third person in order to withdraw our funds like happens with other online investments. So we know that no one is going to run away with our money. Obviously there isn’t a fixed profit. The bot buys and sells following a trading strategy, so the results depends on what strategy you use, the coins you trade with, market conditions etc… same as happens when trading manually. Same way for experienced traders it’s possible to earn higher profit if you know how to trade and condifure your winning strategy to the bot.
HOW CAN I GET THE BOT? HOW MUCH DOES IT COST?
Gunbot costs 0,10 bitcoins for each license, altough I have reached an agreement with the creator of the bot and I’m an official reseller. That means that you can send me an email to [email protected] and I will send you the instructions for getting the bot for just 0,09 bitcoins. Apart from this, I can help you with any doubt or question you have and I can help you to install the bot and leave it running. I offer support via email, Skype, Telegram, TeamViewer etc…
MY PERSONAL EXPERIENCE WITH GUNBOT
First of all I did a research, I talked with many people who had purchased the bot. All of them were happy and they told me that it was a very useful tool. Obviously not everyone has time to study how to trade for months or even for years, and not everyone has time to monitorize the market 24 hours / day, but everybody likes to run a bot to generate passive earnings.
I have only been using the bot for 2 weeks but the start was very promising. I started to use Bollinger bands strategy for both buy and sell. I added several cryptocurrencies for trading and after one week I earned 15%. Some days were really good, other days were regular and other days I lost a little, but overall I am very happy with the results.
Seeing my very good results I decided to increase my investment and now I’m using a more aggresive strategy coded by a friend who is trader. The second week was even better than the first one, of course, some days I got profits and some others I lost, but overall the results are really good, so I can’t complain 🙂
As you can see, my experience with this bot is not very extensive, just 2 weeks, but so far I’m very happy with the results, of course I still need to trade with it for more time and I will tell you how things are going.
Today, June, 16th 2017, maybe it’s too soon to give a final verdict because I have only been testing this bot for 2 weeks, but so far the experience has been good and the profit excellent. I love to find ways to earn income online, so this bot is a must have for me, that’s why I purchased it. I know that some days I will lose, but I also know that this bot can help me to get passive income in the long term and that’s why I have decided to start this adventure. As I said, I have talked with people who is getting earnings from this bot, and I also did for these 2 weeks. If you want to get Gunbot with a discounted price, only 0,09 btc instead of 0,10 btc, just send me and email to [email protected] and I will send you the instructions. Of course I will also help you with any question or doubt and I will also help you to install the bot and make it run.