My Plan To Make Passive Income With "Crypto Bots"

what's up everyone paul here from dropshippingtitans. com and in this video i want to show you how i've started using cryptobots to actually trade cryptocurrency for me automatically now the really cool thing about these bots is that if they are set up correctly they actually can't lose money trading and they are just set it and forget it i just set them up they run and then i don't actually have to go in to actually actively manage anything it's all automatic in the background so i've been looking at different ways to make money with cryptocurrency for a while now never really felt like i had the time or kind of like the technical know-how to understand how to make real money with cryptocurrency besides just buying a bunch and just holding on to it for years so i was really excited when i found out about this opportunity to create these bots that are actually surprisingly very simple to set up and then once they're set up i don't have to do anything else they just trade for me now before we move forward i have to let you know that i'm not a financial advisor and this is not financial advice i'm still really new to the world of crypto but what i do know is that while there's a lot of people who've made a lot of money with crypto there's a lot of people who've also lost a lot of money because they just don't know what they're doing so this is the software that we use for it's called bits gap and this is actually going to make the trades for me so this connects to my crypto exchange so there's lots of different exchanges out there the most popular one is coinbase there's other ones like gemini or q coin or different ones like that the exchange is where your money and your crypto actually is bitscap here just connects with it and makes trades on that exchange for you so your money is still in your exchange as safe as it is in your exchange it's going to continue to be that safe because bitscap isn't actually holding any of your money it's in the exchange i really appreciate that i like my money and my crypto nice and safe so this is it right now i'm in demo mode which means that none of the bots i have set up are actually making any trains trades on my exchange and that's actually part of the strategy you don't want to just jump into making trades without understanding how these bots work and you can use the demo mode to kind of test if the bot that you think is going to do well will actually do well so it's kind of like training wheels for you as someone who's a bit more risk adverse i really appreciate that i don't want to just jump in throwing money into one of these bots and not really understanding how it's working so if you come in here once you set up a bot like it starts to look like this and this is a lot right here this when i first saw this i felt really overwhelmed i didn't think i would ever really understand this the good news is that if you learn from like a good mentor like i did my mentor dan taught me all about this you don't need to really know what all of this means right up front and you will learn as time goes on what all this means but for the most part you just have to know how to set up the bots which is what was taught to me by my mentor but coming down here let me actually show you what these bots look like so i set up a few of them here and i kind of gave a little bit of variety here i followed the plan that i was given to set up these bots but but i tried some different things here so i have three bots again in demo mode set up so they're not actually working right now but it kind of gives me an idea of how well if i'd set them up how well they would do so right here at the top it gives you a summary of how well your bots are doing overall now the thing that you're probably most interested in is right here where it says sumbot profit for me that's almost 1400 that's how much my bots have made all of them combined just doing their trades so the way the bot works is you're gonna exchange one coin for another on your exchange so there's always two coins that are kind of trading against each other so as the price goes up it's going to the bot's going to sell a little as it goes down it's going to buy a little so it keeps doing that just micro little trades but you're doing sometimes you're just making a few cents on all these trades but it happens hundreds of times a day automatically by the bot and that adds up as you see here i've only set up my first spot almost three days ago and i've already done 1400 almost 1400 total just with those little bot trades and that's actualized profit for me so that's money that i would actually have so really cool stuff because you just kind of set it and have it running for you down here you can see the three different bots i have set up now with the bots the way that the trade they can't lose money on the trades themselves they're just not the way they're designed they just can't do that you can lose money on the actual value of the coins themselves so if you look over here for instance the first spot at

the top it's trading crv against btc bitcoin so as it's trading it's going to only be making money but if the value of bitcoin goes down for instance the value of these coins go down that's when you can lose money so one of the things that i'm doing is i'm only investing i'm only using coins that i believe the value will either stay the same and those are called stable coins usually one coin equals one us dollar and the way that it's the algorithm is designed it's just going to stay at pretty much one dollar in value for each coin or i'm using coins like bitcoin where i think overall in the long run the value is only going to go up so i'm comfortable buying those and holding those for a long time so this is one of the things that i was most excited about for these bots is that i've been holding bitcoin and ethereum and some more of these like blue chip coins for a while because i really believe that if i buy them now no matter what price it is this year in five ten years it's going to be worth a lot more so i'm just kind of holding those but as i hold them i'm not making any more coins with that the value of those coins are going up but let's say i have one bitcoin in five years i'm still only going to have one bitcoin but if i plug it into here into the bot i will have that one bitcoin plus more bitcoin that the bot has traded and made for me and then whatever the value of let's say that one and a quarter bitcoin is in five years i'll have that instead of just one bitcoin so it's a really good place for me to kind of just hold this value in here so coming down here now i have two other bots right here um this is just right now in demo mode so this is a chance for me to explore make sure you understand how these things work uh the top one right here you can see i put in about three thousand dollars it's worth about 32 or i put a little over three thousand dollars into this one these two i put in a lot more i'm not sure how much i'm actually going to put into one of these bots when i actually start trading it's probably going to be closer to three to five thousand per bot not the 10 000 that's probably not realistic but the cool thing is that you can check right here like this it doesn't matter how much you put in because this still tells you how well the bot's going to do so with this pair right here you can see right here the bot profit for this one is over eleven hundred dollars again part of that's because i put in so much so what's more important is this green number right here that says the percentage increase is 10. 74 percent and that's over the course of almost three days now so about 11 every three days is completely insane when you consider that most investments make 10 or less per year so that's why these bots are really starting to excite me just seeing sort of numbers like that come in with these now not all of them are like that so like this one at the top i'm only getting only had it running for you know a day and a half now it's not even at one percent still one percent every day and a half that's still what like 45 per month or something like that so pretty crazy returns on on that and these kind of returns you're just not seeing anywhere else except in crypto the trick with these is really understanding first which coins to trade against each other you see there's always two coins right here you can see this one is crv this one's btc and i should say this if it's not obvious just because i have these here like this really successful one here doesn't mean you should go out and copy this right now because these prices of coins and how much they are changing in price it varies day to day so you have to actually know what you're doing be able to do your own research on these coins to know which pair to pick and then just as important you have to know when you're setting up the bot what settings to use and those are critically important now i learned all about these bot pairs and how to find them and the different strategies and actually everything involved with setting up these bots from my mentor dan so if you want more information about him and how he's doing this with cryptobots i'll have a link down below that has some more resources for you i also want to show you this chart up the top that i admit it's very overwhelming i'm starting to understand how this works and if i didn't say it before i'm still very early on in the process of learning how to do this and so i'm really grateful for my mentor dan for teaching me about this and i'm going to be documenting this journey here on youtube making videos every once in a while i'll show you when i actually set up some bots and i'll show you how they perform over the long run but coming up here to this chart

you can see here kind of like how the price goes up and down up and down so right here these circle ones these are all the trades that the bot has actually made so you can kind of see when it's bought and when it's sold here and you can see obviously with cryptocurrency the price is going down up and down a lot and that's actually why this works you want coins that whose price fluctuates a lot because it's in there where that wiggle is that's what allows these bots to make so much money so quickly if it was just stable in price it wouldn't work so with crypto because it is so up and down this because there is so much wiggle in there that's why this is working so don't be afraid of prices going down and up you know you always hear people saying oh my gosh the price of bitcoin just tanked it went down again when is fluctuating like that that's a good thing for the bots that's what takes the down here where it says the bot profit that's what allows it to go up and then if you're confident or you believe that the price of the coins that you have is only going to go up whether it's bitcoin ethereum whatever it is then you're not then you then according to your belief you're not going to lose money anyway because you're just holding that money allowing the bot to make money while it's being held anyway and then you can obviously make more which if you ever sell it off in the future now i have to admit i still feel like i'm pretty green when it comes to cryptocurrency like i'm still learning a lot but it's pretty amazing to me because one week ago i literally knew probably about a tenth of what i know now about cryptocurrency uh i know everything i feel like i need to know in order to run these bots and then more as well to actually be able to talk more about cryptocurrency and that's all because i learned it from my mentor dan again if you're kind of interested in cryptocurrency kind of wondering how you can make money from it how it works i would check out what dan has to offer i'll have it linked up down below so you can see exactly where i've learned how to do this as well i'll be documenting this entire journey here on youtube so if that interests you make sure to subscribe to the channel check out my future videos on these bots and cryptocurrency in general and other ways to make money online so subscribe to the channel for that if you guys enjoyed the video i would appreciate you giving the video a big thumbs up it lets me know that you enjoyed content like this so i'll make more of it and then leave a comment down below let me know if you're using cryptocurrency buying it trading it using bots i would love to kind of hear from my audience hear from you guys hear from you whether this is something that you are doing yourself i personally believe that crypto is going to be a substantial part of our future and it's one of the most important inventions that has come around in a long time the most one the most revolutionary so i want to be a part of this i know people are going to make a lot of money with cryptocurrency they obviously already have i don't want to miss out on that i want to be part of making some money with it as well i don't want to get left behind so that's why i'm taking this seriously but hey the really cool thing about this is once i set up these bots and i know they're working i can just set them and forget them so if you guys enjoyed the video again give the video a thumbs up subscribe to the channel and i'll see you in the next video thanks for watching