After operating for more than 500 days, Pionex (incubated by BitUniverse) finally rolls out a new updated version of the already very popular Grid Trading Bot - Classic Grid Bot, Margin Grid, Leveraged Grid, Reverse Grid. It also comes with a good looking, clearly arranged brand new UI design, which is showing a lot of useful information and detailed data, in addition to an accurate and clear profit calculation.

Interested? Well, let’s move on to learn the details about the new “Grid Trading Bot 2.0”

The Brand New, Professional UI Design

As the Picture shows:

(1) Many different basic Bot Strategies can be found on the BOT HOUSE Tab, which easily lets you choose the right Bot for a big range of various market

(2) You can find all the Bots which you currently have running and access your Bot History on the MY BOTS Tab.

New Trading Bots in Grid Trading 2.0.

There are three new Variations of Grid Trading and also a few new optional Features which are included in the new Grid Trading Bot 2.0 version.

Before we dive into the details of the new Grid Trading Bot 2.0, we need to define a trading pair as base/quote. For example on BTC/USDT, BTC is base and USDT is quote.

Okay, so let me introduce you to the 3 new Grid Trading Variations, added by this update.

(1) Leveraged Grid Bot

The “Leveraged Grid Bot” is a new Variation of Grid Trading, which allows you to leverage your investment in order to magnify your profits.

If you think base will rise, then you can create Leveraged Grid Bot, then invest your quote with leverage. The Bot will then start earning quote for you, which can be understood as “Buy first, Sell later”. That’s basically how the “Classic Grid Bot” already is operating, but its doing that with leveraged investment (Your funds + borrowed funds).

Check the Leveraged Grid tutorial to know more details: https://medium.com/@mario_40812/new-trading-strategy-leveraged-grid-on-pionex-46bb117c7bbe

(2) Margin Grid Bot

The “Credit Grid Bot” is a new Variation of Grid Trading, which allows you to mortgage your base in order to to borrow quote, which finally will earn base for you. Or you can mortgage your quote to borrow base, which finally will earn quote for you once the price is rising again.
There are two choices — Loan base or Loan quote.

Loan base means the bot will lock your quote to loan base, and earn quote when base goes down.
Loan quote means the bot will lock your base to loan quote, and earn base when base goes up.

Check the Margin Grid tutorial to know more details:
https://medium.com/@mario_40812/new-trading-strategy-credit-grid-on-pionex-edb385702b96

(3) Reverse Grid Bot

The “Reverse Grid Bot” is designed to give Traders the ability to use Grid Trading for shorting. If you want to short some base, you can use this trading strategy. It can be understood as “Sell first, Buy later”.

Check the Reverse Grid tutorial to know more details:
https://medium.com/@mario_40812/new-trading-strategy-reverse-grid-on-pionex-68605955c1bd

The New Optional feature Intro in Grid Trading 2.0

(1) Stop loss / Take profit (Optional)

Stop loss is identical to the option you have in Grid Trading 1.0. Once the price dumps out of your price range and gets to the stop loss price you have set, it will sell all your base to prevent an even higher loss if it decreases even more.

Take profit(Named as Close Bot at) basically it is the same as stop loss, but in the other direction. If the price pumps and leaves your price range to the upper side, your bot will already have sold all your base. If you decided to put a take profit price above your upper limit before, it will close your bot once that price is reached. That prevents you from buying back in close to the top, once the price starts falling down into your range again.

Set a take profit price higher than upper price limit. It will be triggered when the price reaches the take profit price. At this time, your grid trading bot will be canceled automatically. It’s a great option to make sure you close your Bot at the top, just when it has realized all profit. A price dump afterwards won’t affect you then anymore.

(2) Arithmetic/Geometric — Grid Spacing Setting

The “Classic Grid Bot AI Strategy” is always using Arithmetic Grid Spacing. That means, if you are setting 11 Grids for a BTC/USDT price range of 10000–20000, the Limit Orders of your bot will be all be 1000 USDT apart. And common difference is 400 USDT for the arithmetic grid trading. From 10000 to 11000 that’s 10% profit, while from 19000 to 20000 it will only be 5.2%.

Geometric Grid Spacing on the other hand gives you the choice to instead always have the same Percentage of profit as space between the orders of your Bot. The common ratio for above example is calculated as (10000/8000)¹/4–1=7,07%. That means every limit order your Bot is setting up is 7.07% of profit away from the next order.

So in short:
Arithmetic Spacing will always make the same amount of currency (ex. USDT) as profit in each Grid.
Geometric Spacing will always make the same percentage of profit in each Grid.

(3) Trigger price(Optional)— Set Entry Price for Grid Bot

What if I don’t want to stare at the market the whole day to get a good entry for starting a Bot? Use the Trigger price optional feature!
You can choose a desired trigger price at least 2% higher or lower than current price and set the Parameters of your Bot as usual. The Bot won’t do anything until the price reaches your trigger price, which is when your Bot will be activated. Once activated it will start trading, according to your pre-set parameters.

If you have any questions, you can join our telegram group to take the further assistance.

👉 Join Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

The Introduction of Trading Bot 2.0 Version on Pionex! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

Here are some following information provided for you to deep understand Grid Trading Bot well!

INTRO OF THE BOT

1. When is the best situation to create a Grid Trading Bot?

Grid Trading Bot is the best choice in swinging market. When the price keeps fluctuated in the same range, that’s the moment to create a Grid Trading Bot.

2. How does Grid Trading Bot make the profit?

Because Grid Trading Bot has the good performance in swinging market, so Grid trading bot will make good profit from the fluctuation.

Total profit= Grid profit(realized profit) + Unrealized profit.

Grid profit is made from grid fluctuation, and the unrealized profits is from the up or down of the price itself.

3. Does Grid Trading Bot fit all the market condition?

Grid Trading Bot is the best choice in swinging market, not all market condition like the price keep tanking or pumping.

4. What will happen when the price across the range of the bot?

BTC/USDT as example:

• If the price break through the top price limit of the bot, all BTC will be sold and you’ll stake USDT. The bot will remain at the same range and waiting for the price drop back to the range.
• If the price drop through the lowest price limit of the bot, all of the buy orders for BTC will be fully executed. The bot will remain at the same range and waiting for the price rise back to the range.

SET-UP OF THE BOT

1. What’s the meaning for each parameter?

• High Price: Highest sell price. The upper range of your bot.
• Low Price: Lowest buy price. The lower range of your bot.
• Stop-Loss Price(Optional): This parameter is optional. The price that bot will stop loss and cancel the bot.
• Grid quantity: There’s a limitation in the number of grid, you can’t set it below 2 and above 99.
• Quantity per Grid: The amount for each order in the bot.

2. Which pair and what range should I choose for the bot?

Honestly speaking , there’s no formula for the best pair and range, which depends on your trading experience.

In General, we’ll recommend you to tune the profit per grid between 0.5~2%, and choose a pair with good liquidity and make the range wider. Grid trading bot is for long-term strategy.
For example- BTC/USDT Grid Trading bot:

The highest price is 11,162USDT

The lowest price is 8,193USDT

The grid quantity is 54

then I change the Quantity per grid as 0.0009BTC then the bot calculated the Required balance and Profit per grid out.

If you have enough balance in you account, then you can tap the “CREATE” button. Then the bot is working!

3. How does the number of grid affect my profit?

• When you have more grids in a limited range, you’ll have higher possibility to executed your orders but less profit per grid.
• When you have less grids in a limited range, you’ll have lower possibility to executed your orders but more profit per grid.

4. What will happen after I cancel the bot?

After you decide to cancel the bot, it’ll cancel all the grid orders and stop running immediately. Your funds will remain with the same allocation at the moment it stop running.

TRANSACTIONS AND ROI ANALYSIS

1. How can I check my status of the bot?

You can check your bot status by clicking the TRANSACTIONS button.

2. What’s the definition for each profit in the report?

• Total Invest is the total value at the moment you created the bot.
• Grid Profit: The profit made by the bot from each buy and sell orders (Fluctuation arbitrage).
• Unrealized Profit: your total holding asset compare to the moment you created the bot.
  Unrealized Profit = (Current Price — Average Buy Price) * Amount of BTC
• Total Profit = Grid Profit + Unrealized Profit.
• Annualized Return = Realized Profit / Total investment / Grid lasting time(normalized into days) * 365 * 100%

The video about how Grid Trading bot works:

The tutorial for Grid Trading bot:

Pionex — Grid Trading Bot

You also can join our telegram group to take the further assistance.

👉 Join Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

FAQ for Grid Trading Bot on Pionex! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

Nowadays crypto market looks like a mess caused by COVID-19 or economic depression, So whether there will be some chances to make profit using Grid Trading Bot now? The answer is “Sure, there’ll always be”

In this volatile market, how to start Grid Trading Bot to earn considerable returns? The following is real case:

As picture shows, this Grid Trading has several characteristics: (1) runs for a long time, more than 24 days, (2) investment and profit are high, more than 40% profit to get, (3) price range is large, 2,000–20,000. It can be seen that Grid Trading with large price range has a good performance in volatile market!

Bot with Big Price Range

We all know Grid Trading bot has the good performance in sideways market, but if the current price goes out of the price range, then the bot will not work any more.

In case that, big price range is the best solution. You can check the lowest & highest price during several months even years and set your price range.

Up to 150 Grids to Set

If you set a big price range, now max 150 grids can be created with on Pionex. This is the new update from 99 grids to 150 girds.

Arithmetic/Geometric — Grid Spacing Setting

Now there are two grid spacing settings for Grid trading bot.

Arithmetic Spacing will always make the same amount of currency (ex. USDT) as profit in each Grid, which normally will be used in some small or common price range.
Geometric Spacing will always make the same percentage of profit in each Grid, which will be used in some big price range.

So Big price range + Up to 150 Grids + Geometric is a good choice to keep for a long term to make more profit!

If you have any questions, you can join our telegram group to take the further assistance.

👉 Join Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

The Good Long-Term Grid Strategy makes 40% Profit in just 20 Days- Big Price Range + 150 Grids +… was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

Grid Trading Bot

Grid Trading Bot will set the price range with upper price limit and lower price limit, in which bot will buy low and sell high.

and if the price goes out of the price range, then the bot will not work any more unless the price goes back to the price range.

As for this speciality, Grid Trading bot is perfectly used for sidewards market with the hard volatility.

Check the Grid Trading bot tutorial to learn more:
https://medium.com/pionex/pionex-grid-trading-bot-e79c64d4ce32

Infinity Grids Bot

Infinity Girds Bot will only set the lowest price limit without upper price limit. and the Infinity Grid Bot will also helps you to “buy low and sell high” 24/7. So you never have to worry about the price exceeding your Grid-price-range.

Because of no upper price limit, Infinity Grids Bot is perfectly used for upwards market, if you think the market is going to pump! Infinity Grids Bot is your best choice.

Check the Infinity Grids bot tutorial to learn more:

https://medium.com/pionex/pionex-infinity-grid-bot-9a14a75c80df

👉 Join Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

The difference between Grid Trading and Infinity Grids Bot! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

If Pumping market is coming, what are you going to go?

Just like the following picture, recently it seems that before halving, most coins have the up trend to pump.

What can I do?

Just buy some and sell high? and the problem is that I have no idea when to buy and sell, or just watch and let the pumping chance go and leave?

Of course No! Because I found that Infinity Grids Bot is the best choice!

As the following picture shows, Infinity Grids bot with BCH/USDT makes +1,4975 profits in 25 days. and other ETH and BTC Infinity Grids bots all make the positive profits! So Infinity Grids bot is your best choice in pumping market!

Which coins to create with?

As we all know BTC will halve soon, and BCH, ETH DASH, BSV will halve one by one. So these coins are strongly recommended to create Infinity Grids bot with, which you can pay much attention to.

Tips: All recommendation isn’t investment suggestion!

Create Your Infinity Grids bot now!

You can create Infinite Grids Bot on Pionex exchange(www.pionex.com) supported by BitUniverse team. AI strategy will set parameters for you based on AI 7d backtesting. Or you can set parameters yourself.

You can check the following tutorial to know how to use Infinity Grid Bot:

https://medium.com/pionex/pionex-infinity-grid-bot-9a14a75c80df

If you wanna talk about more about trading or share your trading ideas, you can join in our telegram group:

👉 Pionex Trading Telegram Group: t.me/PionexGrid

The best trading Bot — Infinity Grids Bot with BCH Makes Almost $1,5000 in Pumping Market! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

More and more friends come to ask me some skills about Trading bot, and this article is to share 6 Tips about the trading stills.

Tip ①: The Arithmetic Grid / Geometric Grid

Arithmetic keeps the same common difference between each grid, but Geometric keep the same common ratio between each grid.
Arithmetic Grid does the good performance in volatility market with a small price range, and makes more Grid profit.
Geometric Grid does the good performance in the up-trend market with a large price range, and makes more unrealized profit.

As above picture shows, the trading bot in Picture 1(Arithmetic) with 4,000–6,000 price range makes +9.96% profit as Grid profit, while the trading bot in picture 2(Geometric) makes +17.67% profits as the Unrealized profit.

So Arithmetic Grid will make more Grid profits, and Geometric Grid will make more Unrealized profit.

Tip ②: Grid Trading Bot / Grid Trading Pro

Grid Trading Pro is the general name of Grid Trading Bot 2.0 version, which includes Leveraged Grid, Credit Grid, Reverse Grid, and Infinity Grids.

(1) leveraged Grid: Magnify your profit in the volatility market. Leveraged Grid allows you to leverage your investment in order to magnify your profits.

(2) Credit Grid: Mortgage your holding coins to make profits, and don’t worry about your holding coins to be sold. BTC/USDT as example, Credit Grid allows you to mortgage your BTC to borrow USDT, which finally will earn BTC for you.

(3) Reverse Grid: Sell first and buy later to make profit. The Reverse Grid is used to short coins that may dump, which works like sell first, then buy low later.

(4) Infinity Grids: Do the good performance in the up-trend market, and make more unrealized profit. Choose a low price position to create the bot, which will make more unrealized profit when price rises.

Tip ③. When is the best time to create Grid Trading bot?

Most shrimps will ask this question, of course this question is very important, because understanding how to create Trading bot and also running in the right time may help you get the good profits.

The best time to start the bot — low price entry, especially after a big drop! Remember not just to follow up when price up or sell when price down!

Tip ④. How to set the grid amount?

The max amount of grid is 99 grids. And the amount of grid is affected by many factors, such as grid profit rate, investment, currency and etc. For the top currency, the number normally is recommended about 30–70 grids.

Tip ⑤. How to understand Grid Trading Bot?

Grid trading is an advanced trading skill in quantitative trading, which is a long-term arbitrage strategy and also can help you control the risk. Different trading bots should be used in the different market situations.

If you have any questions, you can join our telegram group to take the further assistance.

👉 Join Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

The 5 Tips for Trading bot, which may help you make more profit! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

👉 Sign up on Pionex: https://www.pionex.com/en-US/sign

Derivatives are becoming more and more popular. Pionex also launched the Grid Trading 2.0 system, including more advanced Bots. I really want to shout out for the Leveraged Grid Bot 🤩.

💥 +16.99% profit earned in 23 days — how awesome Leveraged Grid is!

In order to learn how Leveraged Grid works, I spent 500$ in it with BTC/USDT, which is running for over 23 days, and makes+84.97$ (+16.99%) profits.

Comparing to holding BTC, 2×Leveraged Grid earns 15.4574U more, 3×Leveraged Grid even earns 57.8471U more. So Leverage Grid could get 2× and max 3× of profit that Normal Grid Bot makes, and even perfectly win holding.

👍Why I use Leveraged Grid:
① Leveraged Grid not only can make more Grid Profit, also can make some Unrealized profit.② Leveraged Grid can max 3× your profit, even could win holding.

🧐Advanced use case for Leveraged Grid Bot — Hedge Bot Combo

As every trader knows, if you create the Leveraged Grid with wrong direction, you will lose money.
Is any way out? Sure- I made a Bot Combo with Leveraged Grid +Margin Grid.

Bot Combo is the long-short strategy, which means you should create a Leveraged Grid(Long BTC)and a Margin Grid(Short BTC)with the same parameter setting at the same time.

I created a 2× Leveraged Grid(Long BTC) and a 2×Margin Grid(Short BTC) at the same time as hedge bot combo. So my Margin bot made the negative profits, while my Leveraged Grid made the positive profit, which hedge the total profit loss.
So my hedge bot combo profit=84.9774$+(-62.08$)=22.8974$.

👍Why I made this Bot Combo:
①You don’t have to worry about choosing wrong direction. Because even one’s total profit is negative, another’s shall be positive, which can hedge the loss to reduce your risk. ②you can get 2× Grid Profit from the two bots.

Check here to learn how I make Bot Combo: https://medium.com/bot-comb-with-leveraged-margin-bots

The risk of Leveraged Grid that you should know

①Both Leveraged Grid and Bot Combo all have the risk to be liquidated, so you should pay attention to the estimated liquidation price.

②Bot Combo normally will get positive profit only during the certain price range with high frequency arbitrage. The low frequency arbitrage and sideways market may make the negative profits.

③ Single Grid profit > fee+daily interest, or your profits may get negative.

④Leveraged Grid and Margin Grid should be set with the same parameters.

You can follow my Facebook to messenger me with your trading ideas:https://www.facebook.com/mario.liu.1042

You are also welcome to join Pionex telegram group to talk with more experienced traders.

👉 Sign up on Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

How to 3X your profit by creating Leveraged Grid on Pionex! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

Sparse Grids (=few Orders) VS Dense Grids (=many Orders)

The picture shows that if the price just fluctuates between 6,950~6,750, the dense Grid Bot has made significantly more trades, which makes it easier to make arbitrage even from small fluctuations. The sparse grid on the other hand has a relatively weak arbitrage ability in this case, since it only trades on big moves like 7,100~6,600. Therefore, the number of grids you can choose increases from 99 to 150 for Grid Trading 2.0 Bot, which has been requested many times. Is there any good strategy for setting 150 grids? Of course!

💥150 Grids + Leveraged Grid — up to 3× more Profit with high frequency arbitrage.

The Leveraged Grid Bot is an advanced version of Grid Trading 2.0, which can provide up to 3× leverage to multiply profits made! If you think some coin is in a clear up trend while fluctuating, you can create a Leveraged Grid. Choose a price range with a bit of room on the upper side and with 150 grids, the bot will make profit from the high-frequency fluctuations until that is price range is left. Once that happens you can close the bot in max profit or you can even add a “close bot at” price in advance, while you are you setting it up. The longer it stays in range the more profit your bot can accumulate by high frequency arbitrage trading.
So the combo: 150 Grids to drastically increase the trade frequency + Leveraged Grid to multiply the profits earned is really awesome!

The tutorial for Leveraged Grid on Pionex, incubated by BitUniverse:
https://medium.com/pionex/new-trading-strategy-leveraged-grid-on-pionex-46bb117c7bbe

💥150 Grids + Margin Grid — Doing short with high frequency arbitrage.

Let’s use BTC/USDT as example. If you think BTC will drop, you can create a Margin Grid to short BTC. A Margin Grid allows you to lock your USDT, and loan BTC by up to 2× leverage. You can think of it as locking your funds as collateral, to borrow funds which the bot will actually be using to trade with. This allows you to keep your USDT and not suffer from BTC dropping, while also making profit from the fluctuations and downtrend to earn BTC. Like in the first example, setting 150 grids can increase the times of arbitrage and trade frequency.
In combination with Margin Grid it will short BTC to earn BTC + while you can keep your USDT untouched to use them later at the bottom to buy back in. What a cool match!

The tutorial for Margin Grid on Pionex, incubated by BitUniverse:
https://medium.com/pionex/new-trading-strategy-credit-grid-on-pionex-edb385702b96

💥150 Grids + Normal Grid Trading — long term strategy with a large price range

We all know the Grid Trading Bot has the best performance in a sideways market. But if the current price suddenly goes out of the price range, the bot won’t make trades anymore. So setting up a large range can extend the time your bot can make profit since it will reduce the possibility of the price leaving the range.
Setting 150 grids will also help your bot to drastically increase its trade frequency + combined with a large price range in a normal Grid Trading Bot that makes a perfect low risk long-term strategy ~

The tutorial for normal Grid Bot with large price range:
https://medium.com/@mario_40812/the-good-long-term-grid-strategy-makes-40-profit-in-just-20-days-big-price-range-150-grids-1ae9e2437ae3

📝Tips for 150 Grid Setting.

(1) Normally 150 Grids will have the the best performance when the prices makes many small fluctuations.

(2) Leveraged Grid and Margin Grid all have the risk to be liquidated, so you should pay attention to the estimated liquidation price!

(3)When you set 150 Grids, you should have to make sure the Profit per Grid is high enough to cover the fees.

If you have any questions, you can join our telegram group to take the further assistance.

👉 Join Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

How to set 150 Grids for Trading bot to make more profits! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

Here are some following information provided for you to deep understand Infinity Grids Bot well!

INTRO OF THE BOT

1. When is the best situation to create an Infinity Grids Bot?

Infinity Grids Bot is the best choice in the up trend market.When the market is in the up trend or has the up trend to pump, creating the Infinity Grids Bot is the best way comparing to Grid trading bot(Normal Grid Trading Bot).

2. How does Infinity Grids Bot make the profit?

Because Infinity Grids Bot has the good performance in up trend market, so Infinity Grids bot will make the good unrealized profit.

Total profit= Grid profit(realized profit) + Unrealized profit.

Grid profit is made from market fluctuation, and the unrealized profit is from the up or down of the price itself.

3. Why does Infinity Grids need the higher minimum investment than Grid Trading Bot?

It is very easy to understand, because Infinity Grids has “infinite” grids (not really infinite, but a big number) to place orders, which requires the higher minimum investment than Grid Trading Bot.

4. What the investment will be used to do? Just to place orders?

A part of investment will be used to place orders and Bot will make the amount of this part assets remain the same value while the price keeps up or down. and the rest will be used to buy at the bottom.

The formula to calculate for different parts:

A(Investment) - X(To place orders)= {P1(the market price) - P2(the lowest price)}/P2*X

X：To place orders, A-X : Buy at the bottom if the price down.

5. Does Infinity Grids Bot fit all the market condition?

Infinity Grids Bot is the best choice in up trend market, not all market condition like the price keep tanking.

6. What’s the difference between Grid trading and Infinity Grids bot?

As the picture shows, there are several differences and you can check this link to learn more details: https://medium.com/@mario_40812/the-difference-between-grid-trading-and-infinity-grids-bot-fb3167eb92a2

7. What will happen when the price goes out of the lowest price range of the bot?

If the price drops through the lowest price limit of the bot, the buy-sell grid won’t run, and Bot is still running but no transaction as long as the price not go back above the lowest price.

SET-UP OF THE BOT

1. What’s the meaning for each parameter?

• Lowest Price: The bottom of your infinity price range, you think, which the price will hardly break through.
• Profit per Grid: The size of your grids (Many transactions with small profit, or few transactions but with huge profit?).
• Total Investment: How much you want to invest for this Bot.

2. What will happen after I cancel the bot?

After you decide to cancel the bot, it’ll cancel all the grid orders and stop running immediately. Your funds will remain with the same allocation at the moment it stops running.

TRANSACTIONS AND ROI ANALYSIS

1. How can I check my status of the bot?

You can check your bot status by clicking the TRANSACTIONS button.

2. What’s the definition for each profit in the report?

• Total Invest is the total value at the moment you created the bot.
• Grid Profit: The profit made by the bot from each buy and sell orders (Fluctuation arbitrage).
• Unrealized Profit: your total holding asset compare to the moment you created the bot.
  Unrealized Profit = (Current Price — Average Buy Price) * Amount of Coin
• Total Profit = Grid Profit + Unrealized Profit.
• Annualized Return = Realized Profit / Total investment / Grid lasting time(normalized into days) * 365 * 100%

The tutorial of Infinity Grids Bot:

Pionex — Infinity Grid Bot

You also can join our telegram group to take the further assistance.

👉 Join Pionex: https://www.pionex.com/en-US/sign

👉 Pionex Official Telegram Group: https://t.me/pionexen

FAQ for Infinity Grids Bot on Pionex! was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.

In March 2020, Bitcoin fell from 9000-ish to 3000-ish. Looking back to the price, what if we can buy more Bitcoin when the price at the 3000-ish level?

Here’s my strategy, which allowed me to have my average buying price for Bitcoin at 3596! The tool that helped me to do this is called Grid Trading Bot (GRID Bot). It’s a tool that our team built 503 days ago on the BitUniverse App, and now we have moved it to our partner exchange, called Pionex.

Pionex aggregates the liquidity from Binance and Huobi, which makes the liquidity better for traders. 9 different crypto trading bots are provided in Pionex.

When the price was tanking, I thought 4516 already was cheap enough to buy some Bitcoin. But I also feared that the price might fall all way down to 2000. So here’s what I did, I created this crypto trading bot at 4516 and set a range from 2000 to 20000, which is a HUGE range for Grid Trading. That way I can keep buying some cheap BTC If the price keeps tanking, but without having to risk all of my profit if it doesn’t.

What the bot did during the past two weeks was the following: it helped me to buy low and sell high any time the price made some fluctuations. After tons of buys and sells and many, many very small profits from that process, the average price of my Bitcoin holding has decreased!

Another reason for this setup is, that I’m planning to keep this bot running for months, so it can keep earning steady small profits for me. A huge range is needed for a long-term grid bot.

GRID Bot (Grid Trading Bot)

GRID Bot is the rising star between several crypto trading bots. It’s an old but powerful trading strategy which profits from the fluctuated market. All you need to do is to set a range for it, and it’ll help you to automatically “buy low and sell high” within the region.

Check out the Top 3 Crypto Trading Bot — 3Commas vs Pionex vs Cryptohopper

Myth of Trading

Some of you might think that what if I manually bought some Bitcoin to sell them later at a higher price? Then I’d have more profit than by using the Grid Trading Bot Tool. Yes, you can always make more profit if you’re able to buy at the bottom and sell at the top. But in practice, even the very best traders won’t figure out were the lowest and highest prices will be, so it’s unrealistic to think you can easily do that.

Using the Grid Trading Bot helps you to control your risk. It enables you to passively buy small portions when the price goes down and sell small portions when the price goes up. This will make many small, but low-risk profits, compared to the buy at the bottom and sell at top tactic which can totally backfire if you guessed wrong.

I’ll try to create another grid bot with a huge range when another dip comes. If you’re not very good at trading, or just don’t have the time to check prices all day, you should totally try to use trading tools to assist your trading strategies.

Especially, a Grid Trading Bot with a huge range is definitely worth trying and rarely a bad choice.

All you need is patience and you will slowly see your portfolio grow over time. Hope all of you enjoy our tools! Leave some comments and let me know what kind of tool you’re willing to try!

Join Pionex Telegram Group: https://t.me/pionexen

A Better Way to Buy the Dip With a Crypto Trading Bot was originally published in Pionex on Medium, where people are continuing the conversation by highlighting and responding to this story.