Re: Profit Trailer & my experiences with it. **Huge growth of Binance account**!!
1) Assume you mean BTC or ETH? I've only ever run it on BTC pairs but I think BTC is more profitable (but also more wild) with ETH it's probably more stable, albiet with potentially smaller gains but less prone to fluctuations.
2) No you don't as PT will either trade them on your behalf or if you bought them ages ago e.g. more than 30 days it won't calculate an average price, plus you can stop PT manually from trading on specific pairs if you just want to hodl your coins there or you can have a copletely seperate Binance account for the bot
3) Yes, hence why it's best to have a VPS, I use Contabo
4) It might be, but I managed to set it up myelf, it might be confusing if you haven't done it before.
5) Obviously it's a small amount but I would just compound all the profits for most of the year and by the end of this year, it could be worth a lot more
Also I'm going to update my article later to include your questions and my answers to them
2) No you don't as PT will either trade them on your behalf or if you bought them ages ago e.g. more than 30 days it won't calculate an average price, plus you can stop PT manually from trading on specific pairs if you just want to hodl your coins there or you can have a copletely seperate Binance account for the bot
3) Yes, hence why it's best to have a VPS, I use Contabo
4) It might be, but I managed to set it up myelf, it might be confusing if you haven't done it before.
5) Obviously it's a small amount but I would just compound all the profits for most of the year and by the end of this year, it could be worth a lot more
Also I'm going to update my article later to include your questions and my answers to them
Just a quick question ( or five) from a complete novice. Hope someone can help.
Gonna buy PT for Binance.
1) Is it better to run it on bcc or eth?
2) Do I need to get rid of all the existing alt coins Im currently holding on binance before I start using it?
3) If I dont use a vps does my computer need to be on all the time for it to work?
4) The PT wiki is currently offering a vps with PT preinstalled for $20\month. Is this worth it for someone that wouldnt have a clue how to link the 2 otherwise?
5) Im only going to have a starting balance of $500. Is it worth it. Am I likely to see any sort of worthwhile returns?
If youre still reading this (lol) I would really appreciate your advice.
Thanks
Gonna buy PT for Binance.
1) Is it better to run it on bcc or eth?
2) Do I need to get rid of all the existing alt coins Im currently holding on binance before I start using it?
3) If I dont use a vps does my computer need to be on all the time for it to work?
4) The PT wiki is currently offering a vps with PT preinstalled for $20\month. Is this worth it for someone that wouldnt have a clue how to link the 2 otherwise?
5) Im only going to have a starting balance of $500. Is it worth it. Am I likely to see any sort of worthwhile returns?
If youre still reading this (lol) I would really appreciate your advice.
Thanks