As a trader, I'm always on the lookout for new and innovative ways to make a profit in the cryptocurrency market. Recently, I have been trying out Future Grid trading bot trading Hive on bybit, and it has been am exciting to experience so I would love to share my progress so far with this trading strategy . , I'll walk you through how I made a profit using this strategy and provide some tips on how I am trying to mitigate and reduce losses on open trades using grid bots.
Future Grid bot trading is a type of trading strategy that involves buying and selling assets at predetermined prices using market marking bots, with the goal of making a profit from the difference in margin between the ask and the bid prices On the order book of active Hive traders , Future Grid trading allows you to trade Hive tokens with leverage, which can amplify your gains, but also increases your risk depending on your margin size.
I started trading with Future Grid bot on bybit trading Hive asset with a modest investment, and I was surprised by the ease of use and the potential for profit. I set up a grid bot with a selected price range for both the buy and sell orders, and I let the bot do the work for me. Sometimes the time frame and intrested in is about 3 hours - 3 days depending on the volatility technical analysis and the funder mental analysis and , I made a significant profit, with a return on investment (ROI) of over 13.62%.
While Future Grid trading can be profitable, it's not without risk. To mitigate and reduce losses, I follow some of the already played down rules which are Set a stop-loss: to limit my potential losses if the market moved against me by setting it closed to the lowest range I use high leverage Use leverage wisely: I used the leverage to amplify my gains, but I was careful not to over-leverage, which can increase my risk of loss by quickly taken my profit as I hive a profit target by keeping a close eye on the market, adjusting my grid as needed to respond to changes in price and volatility.
My experience with Future Grid bot trading Hive on bybit has been profitable, and I'm excited to continue using this strategy to make profit in the cryptocurrency market and see if i can build up my portfolio and bags this 2025. By following the tips and strategies outlined I hope to remain profitable , while mitigate and reduce losses which increases my potential for profit. Also Remember to always trade responsibly and within your means, I will try not too risk more than I can afford to lose as I have also made some bad trades which ended up blowing up account.
