DOGEbot Test Yields 6% in 5 Days!

Simple Pionex Martingale bot running on DOGE/USDT

C.W.Morton

Nov 19, 2024

Source : Straico.ai. Prompt : Dogebot yields 6% in 5 days

I’ve been watching DOGE price movement. It’s been trending upward and it is now plateauing, and pushing hard against resistance.

I decided to throw some money into DOGEbot after a little consideration and eagle-eyeing it for a week.

It was a good decision.

Captured $848 this morning.

Source : DOGE bot close window, Pionex Mobile app.

My settings are as follows:

Source : DOGE bot Paramater window, Pionex Mobile app.

This is what I would call a “hybrid” configuration.

To arrive at these settings, I kept the AI preset configuration for the price-scale percentage, but made 2 manual changes.

Pionex creates an “AI Strategy” by default.

Source : DOGE bot AI Strategy window, Pionex Mobile app.

You can then Copy those parameters to Manual settings, and modify them as you wish.

I changed the Take Profit Ratio to 6.4%.

Then I changed the total Safety Orders to 3.

This means that, other than my entry purchase — my bot will make 3 additional purchases, each time purchasing 1.5x more, until it invests my full balance - which for this particular bot, was $14,000.

Those who follow me know — I normally only run Martingale bots on BTC, ETH, and LTC. I avoid running bots on most Altcoins like DOT, MATIC, etc etc etc.

And the reason is simple — the other chains haven’t shared the same upward trajectory.

Doge has held it’s ground for a few years, even if it hasn’t shared the same bull run enthusiasm in the last year or two….

…..until the last few weeks.

Coinmarketcap.com — Dogecoin All Time Price History.

For this reason, what I am doing here is a bit risky. Doge can easily dip just as hard, especially if liquidity is sucked out of the market and we hit the big dip.

If I had to guess, the “dip” is coming sometime before the end of the year when people sell off and do different things to prepare for the 2025 tax year. (Pure speculation, but rational and based on previous years)

After closing at $848 profit, I combined with additional USDT I had to make up the difference, and started a new Dogebot configured the same way, running with $15,000.

I am eagle eyeing the market and playing Day-Trader while doing this.

If I get any indication that the market is going to dip in any major way (like a bunch of shorts predicting BTC going back below 85k), I will slam stop.

Crypto Whale Watching; Trading Signals — Futures Price Notifications
A curious phenomena I’ve noticed….

If you test one of these bots using my config, here is what to expect:

Value will move wildly. You will be in the negative fast, but this is normal, and expected, especially if you are using my settings.
Doge price is moving in 3%+ increments here, and that is what will cause the value of your bot holdings to fluctuate quite a bit.
Price will also swing into the green just as fast, and you want to decide how you want to capture that. I decided to play crazy-person and nearly double the sell percentage. You might be slightly more sane to use a more standard mirror configuration. (if price scale is 3.9%, then your sell % should be the same)

After only making my first purchase, and with very little price movement, my bot is sitting at $-80.

Source : DOGE bot Activity window, Pionex Mobile app.

The bot that I just closed was sitting in the red for 3 days before the bot spiked back up, and Doge hit 0.39, my bot hit sell, and I captured $848.

That happened right as I woke up this morning.

Just showing you all this so you know what to expect if running such a wild configuration.

Because I expect market speculation to try it’s best to push BTC to 100k, I am going to ride this for as long as I can before ending my Dogebot adventure and putting my money back into a wide-spread BTC or ETH Martingale bot.

Of course, that will also depend on watching Doge. If I see Doge fighting to keep it’s threshold and reach a new price-low plateau, I might stay in the race.

Lake Wynoochee, WA. Photo taken by Author.

It’s rainy in WA, no fishing this week, so it’s time to dig in and enjoy my fireplace, a nice coffee and a cigar, and rock this Dogebot in my pajamas.

Source : Photo taken by author, writing this story.

Disclaimer : This is not financial advice and I am not a financial advisor. This is just what I am doing with my own money. I am NOT an expert. I am some dude on the internet who sees a path sometimes, and takes it.

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