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How to Generate 159% per year of Semi-Passive Income with Grid Bots
There are many methods to generate wealth in the crypto industry: 1) buy & hold, 2) bot trading, and 3) active trading (day trading). There are also ways to use your existing crypto capital to generate passive income through staking, yield farming, peer-to-peer lending, etc.
Today, we will take a deep look into bot trading, specifically grid bots. These bots are unique because, unlike active trading or day trading, grid bots generate returns while being semi-passive.
Here is an example of one of my active grid bots that is short-selling STEPN ($GMT). Over the course of the last 192 days of activity, I have nearly doubled my money. Yearly, it averages 159%… not bad for being somewhat inactive.
In no way do I want to mislead you all…I don’t always win. Some of my bots are currently losing. Overall, I’ve made 5.35% in the last 30 days versus a baseline of 2.38% for the entire crypto market (with a buy&hold strategy). I take more risks and I tend to get more returns. This strategy has been optimized within the last year such that I sacrifice returns to obtain a more stable income. In the last 365 days, I have…
