Hey everyone,
I’m wondering if anyone knows about a Telegram bot that can automatically sell cryptocurrencies based on profit or loss percentages. My idea is to set a specific PnL threshold that, when reached by any coin in my wallet, triggers an automatic sale. I haven’t seen one myself and would love to hear if you’ve tried something similar. It would really help me manage my portfolio without having to keep a constant eye on market movements. Any recommendations or insights would be much appreciated.
While I understand the appeal of automated trading bots, I’d caution against relying too heavily on them, especially for cryptocurrency. The market is highly volatile and unpredictable, and even well-programmed bots can make costly mistakes. Instead, I’d recommend setting up custom alerts on a platform like TradingView or directly through your exchange. This way, you’re notified when your PnL thresholds are reached, but you maintain control over the final decision to sell. It’s a bit more hands-on, but it’s safer and allows you to factor in broader market conditions before executing trades. Just my two cents based on personal experience in the crypto space.
hey john, i’ve heard of 3commas bot. it works with telegram and can do auto-selling based on %s. not sure bout the exact setup, but worth checkin out. just be careful with any bot handlin ur crypto, ya know? maybe start small and test it out first. good luck man!
I’ve been using a custom-built Telegram bot for crypto trading automation for about a year now, and it’s been a game-changer. While I can’t share the exact code (it’s proprietary), I can give you some insights on how it works.
My bot monitors my portfolio 24/7 and executes trades based on predefined rules, including PnL thresholds. It’s connected to my exchange accounts via APIs and sends me real-time alerts and confirmations through Telegram.
The key is to set realistic PnL targets and implement safeguards against market volatility. I’ve found that a trailing stop-loss feature works well with the PnL trigger to maximize profits.
Building your own bot might be challenging but rewarding. If you’re not tech-savvy, there are some off-the-shelf solutions, but be cautious and do thorough research before trusting any third-party bot with your funds.
Remember, even with automation, regular monitoring and strategy adjustments are crucial in the crypto market.