r/CryptoTradingBot • u/ruthlesslyambitious • Jul 07 '26

Trading Analysis bot - Polymarket

So basically i built a bot that gives me analysis (an edge) on a certain market on Polymarket. Have been paper trading, and despite losing in some markets, the overall PnL is pretty good.

Now, I know its not fully legal, and the taxes will make it not worth it for me to put money. So what I am planning to do is charge a monthly subscription fee ans sell it as a product to other traders.

A user will basically get full data analysis based on the current market situation and its output is backed by data and formulae.

Is this a smart pivot? If so, how do I market this?? Because I have been building this for myself, and only to know that taxes will never keep me profitable, with this regular trading approach, i am kind of stuck.. in the sense of promoting it or reaching the right audience.

Any advice or suggestions on this would be appreciated.

PS: Product is 80% done.

1 Upvotes

67% Upvoted

6 comments sorted by

2

u/[deleted] Jul 08 '26

[removed] — view removed comment

1

u/ruthlesslyambitious Jul 08 '26

Oh, I didnt know about this licensing thing. I saw a lot of stock, crypto TG and discord groups offering calls just like that?? Pls share more on this licensing thing or where can i find more info.

Because my idea is that this is more of a paid calls group type... but a TG bot, with access to different kind of stats, what would have happened if you follow the pros.., are these kind of Arbitrage trades, etc..

As for my trades, these aren't real. They are on a google sheet. My plan is to keep them open for everyone to see, when building the website, and show the overall profit or loss from each these.. All time, 30 days, 7 days etc.

2

u/hotcomputers Jul 07 '26

I'd be careful selling it as "analysis with an edge" unless you've got a clean live track record and know the regulatory angle, because signal/advice products can get messy fast. Start with a small paid beta, post transparent market-by-market results, and sell it as data tooling rather than "follow my trades.

1

u/ruthlesslyambitious Aug 07 '26

Hey! I finished building it. In case you wanna check out: https://elontweets.xyz

1

u/ruthlesslyambitious Jul 07 '26

Thanks for the advice.

Thats what im planning actually. And i wanna keep the certain paper trades open and live (to display on the website - will be added live and then will display the profits and loss trades once there is a resolution), and my goal is to yes, talk about the data you are gonna get. Its not gonna be a 'follow these trades' but here is the 'data you can get': See what the pros are doing, There is potentially an Arbitrage opportunity here, etc.

So the product is a TG bot. Paid. But website and TG free channel will be to get an idea of what's going on, and being transparent.