Turning $20K of Bitcoin & Ethereum into $1M using Grid-Bots — 55% ROI after first month
After 1 month of initiating my grid bot strategy (see Figure 1), I converted an initial investment of $6,506 ($3,143 on BTC and $3,363 on ETH) into $10,105 which is a 55.3% return in 30 days. In comparison, BTC generated 34.76% return in the same time period while ETH did 21.7%. If this rate of return persists, this would mean I could achieve more than $1M within 13 months even though I started with $6,506 instead of $20,000 like originally planned. However, 55% was a bit exceptional in the first month, but we had a decent pull back in the last week, so maybe 55% average might not be too far from the truth.
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1April 19, 2024 3K
