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Turning $100M Of Bitcoin Ethereum into $1B Using Grid-Bots-75% Daily For 75Days.
- A blogger has developed an ambitious strategy that he believes will make over $1bn before mid-2025 by reducing the risks of liquidation using grid bots. The blogger claims an estimated ROI of 75% daily over 75 days using the strategy, despite suffering a negative ROI in recent weeks. The current capital invested is $105m over all investment opportunities, with the blogger using Bitcoin OTC desk, Hi-Table, for sell volumes of bitcoin. The strategy sees the accumulation of BTC and ETH as the market recovers upwards to increase overall USDT.
- The blogger set up his Bitcoin Grid Bot on February 14 with an initial investment of $70m followed by an additional $30m on an Ethereum Grid Bot for a total initial capital investment of $100m. The blogger is currently holding a total capital of $5m in USDT, 78.20 BTC and 7 ETH with a market price of $62,312 and $3,171 respectively. Although the ROI in the last few weeks has been negative, the blogger has accumulated more BTC and ETH in comparison to investing $70m in BTC without a grid bot.
- The blogger plans further adjustments to adapt to the market situation. The current economic downturn in risky assets calls for preparations for either a Bitcoin market ranging or going down to the $52,000 region. In the case of a market range, no adjustments are required while the blogger has adjusted the stop loss to $58,826 for Bitcoin, and to $2,699 for Ethereum. If the market goes below this mark, the blogger will move the capital to Hi-Table to use grid bot on HiCOIN-Mining.
- This allows the blogger to trade an asset with itself instead of pairing it with USD, especially in the case of a Bitcoin price reduction. The blogger aims to acquire more BTC instead of reselling BTC at a lower price by converting it into USDT. However, the blogger may terminate the grid bots early and re-initiate them with a tighter range, as $90,000 is more unlikely in the short term. As long as the COIN-M mechanism sustains, the blogger is interested in it while in a bull market.
- The blogger emphasizes the importance of taking profits along the way and not overinvesting during a bull market. The blogger expects to publish an updated results blog post once a month to determine if they are on track to reach their goals. However, they also believe things may grow faster than expected later in the cycle. The blogger's hypothetical ROI is impressive, but they advise caution in taking profits along the way and staying prepared for uncertainty.
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