ETBOT.io, Two Months in
This is the 4th blog post in a series describing my review of/experiences with the ETBot crypto trading bot. After my 1st post, describing registration, payment and connecting to an exchange, this post will focus on the first two months of actual trades.
For full transparency: I did apply for an affiliate account, yet will refrain from making my blog posts commercial adds and keep things neutral. However, if you do intend to start using ETBot, I would very much appreciate it if you signup after using one of my links or supply my Referral ID (203) in the sign-up form. I won’t cost you extra and it does provide me with a small additional reward for my writing in addition to help structuring my thoughts.
Transparency note two: this post has been backdated. Due to
lazyness lack of time, I have written this post later than planned (it has actually been written on August 3rd).
Impressions so far
No news since my two weeks in blog post.
Results so far
Well, until now, results are to still cry for. Not only is the overall performance a loss of 29%, but literally every trade so far has resulted in a loss. Compared to simply holding on, this not compare favorably:
- Hold USD: 0%
- Hold BTC: +4%
- ETBot: -29%
Total fees paid: $123.43.
Scam or Legit?
No changes in insights or opinions since the first results came in (see my two weeks in blog post).
Worth the Money?
In principle, my insights and opinions are more or less the same as when the first results came in (see my two weeks in blog post). However, I must note that now my balance is nearing the psychological barrier of $1500, I am seriously considering to take my losses and pull the plug.