See a Path and Take It
My Path to Full-Time Income, Zero Working Hours
My Path to Full-Time Income, Zero Working Hours
“Imagine waking up and going about your morning routine without rushing.
You have nowhere to be.
All your bills are paid and you are going on an extended hike next week.
You look at your mobile phone and you see a notification that you bagged another $500 while you were sleeping.
Time for coffee, and some exercise.
You know this will continue while you are on vacation, and you won’t have to worry about it.
You created this reality for yourself.”
^My Vision Board^
I am already half-way there, and for the last 20 months I have experienced waking up to $100-300 every day or two, completely hands-free. (no job, no trading time for money, simply…….. automated income with an easily accessible mobile app.)
Crypto Trading Robot | Free Crypto Trading Bot | Pionex.US
Pionex.US is the best crypto trading bot currently available, 24/7 trading automatically in the cloud. Easy to use…accounts.pionex.us
For almost 20 months, I have been paying some of my bills with crypto bots, and for about 8 months of that time, I was paying ALL of my bills using crypto bots.
I started documenting this last year with YouTube videos when I knew what I was doing was consistent enough to share, and I’ve been writing about it here on Medium since February.
Then we experienced a series of dips, my bots ended up in the red and I knew I the time had come to form a plan.
I realized I jumped the gun a bit on paying ALL my bills with bots, so I am backing off a bit to let myself build my funds and roll them into more Martingale bots, instead of living on them right now.
Luckily, I have my other online businesses to fall back on, and these other businesses are also fairly hands-free.
End-to-End-Automated Ecommerce Store, Print on Demand
The 4 Simple Tools I Use to Automate my Print on Demand Store End to End with Artificial Intelligence.
Scaling and Automation; 6 Figure 3D Printing Business From Home
If I did it with no prior 3D design experience, you probably can too!
The Path That I See, and Am Taking:
I have been developing this plan for about 2 months since the big dip.
To understand a bit about my plan, the first detail is — I have been running 3–4 bots for over a year, and I have been using ALL of them as “Profit Udders”.
Yes, I call them Profit Udders for a reason. I am manually squeezing my bots active spread and buy/sell percentages, to milk more profit when the market is good.
That is why I have been wildly profitable, as well as the steady bull market conditions for the 18 months or so.
However, Profit Udders (squeezed spreads) are riskier bot configuration profiles, so I have a new rule in place for approaching All-Time-High prices.
Rule : Always shut off my Profit Udder Bots when Approaching All-Time High Price, and reconfigure them with wider spreads, temporarily.
If I don’t do that, this can happen :
My developing plan is based on these values:
Investment = $30,000, which is $10,000 into three separate martingale bots
Lowest Profit Month = Zero, which is dependent on letting bots fall into the red for extended draw downs, which was my fault for not having a sufficient plan for how to handle the All-Time-High price.
Lowest Profit (In Active Range) = when all bots are operating in range : $1820.
Highest Profit Month = $6100, about $300 every 1–4 days, during a bull market.
Total bills per month = $2800–3500 approx, electric, water, property taxes, food, transportation, etc.
Based on those numbers, in order to life the lifestyle I want — earning a full time income without having to work, I would need about $100,000 invested into trading bots.
New Values after executing my plan:
Investment = $100,000
9 Martingale bots = $10,000 into each of them
$10,000 reserve fund
Lowest Profit (In Active Range) = when at least 6 bots are operating in range : $3640
Highest Profit Month = $10,000+, about $700-900 every 1–3 days, during a bull market.
I will configure the bots as follows :
3 bots BTC/USDT, 3 bots ETH/USDT, 3 bots on LTC/USDT
BTC and ETH Bots
1 Ultra Wide Spread Bot, at least 15% spread, ultra conservative risk profile.
Something like 1% / 1% and 15 buys.
1 Standard AI-generated Default “best settings for todays market” profile.
1 Profit-Udder bot, where I squeeze the spread and extract more profit on days where I have time to pay attention to the market. These bots will sometimes fall out of range, and I will either stop them at a small loss, or keep them in the red and wait for price to recover.
These bots are a bit more risky and can fall out of range faster, relying on the other wider-spread bots to stay in range while they either dip out for a moment, or I close and restart and recover small losses.
My 3 bots BTC and ETH would be configured as such.
LTC Bots
LTC/USDT will use slightly different bots.
1 Moon Bot, configured with a wide spread, AND large percentages, and fewer buys, to generate bigger takes, on a longer time scale.
We are talking 3% / 3%, and 7 buys, or something similar.
1 Ultra Wide Spread Bot, at least 15% spread, ultra conservative risk profile.
Probably something like 1% / 1% and 15 buys.
1 Standard AI-generated Default “best settings for todays market” profile.
No Profit Udder bot for Litecoin, I have tried and tried, it just doesn’t work out very well thanks to Litecoins erratic 10+% movements.
Having 9 Martingale bots to manage should output enough profit average on my lowest months, to still cover all of my bills.
If my lowest month with 3 active Profit Udder bots has been $1820, and to be conservative I only multiply that by 2x, not 3, I get $3640.
$3640 is enough to handle my bills, even if I have to dig into my reserve slightly, and not stress out. I am am being ultraconservative, assuming that I will have only 6 active bots, and the market is bear.
I have already converted one of my bots to a reserve fund, it’s being staked.
This is how I am handling my recent dip with my ETH bot, it’s now my reserve funds, flex staked in Pionex so I can earn a little interest while holding it for rainy months.
When I have weaker months, I wont have to stress, I’ll simply have a reserve on hand to handle the bumps of a volatile market.
After all, if not for volatility, this bot game would be much harder.
My income here depends on volatility, so it’s all about coming up with not only a plan to capture profit, but to keep my bots active when profit is Lite.
Plan: Tentative.
I am still learning, but so far — this seems like the path I want to take, which is calculated based on the least amount of attention, with the most profit.
I really don’t want to be tethered to a computer day trading, or constantly watching the market, biting my nails at every turn because I am Long or Short enough to make me sweat. Yeah, maybe I’ll have some fun and make some money doing that, like a weekend in a digital casino, but living my life like that?
The only reason I am doing any of this…..
To earn a livable income, without stress, and without being obligated to trade time, OR ATTENTION, for money.
Some people want the laptop lifestyle….
We are not the same.
I straight-up want to ignore the world and do whatever I want everyday, and still be earning money and have all my bills paid.
Time will tell if my martingale crypto bot income manifests as I desire.
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.
Thank you for reading!
Until next time….
Onward and Upward Everybody!
-Chris
#cryptobots #trading #automatedtrading #bots #tradingbots #bitcoin #btc