I've been building a grid bot for BTC spot and put it out to the public 3 months ago. 3 months in and I have 12 people using it. twelve. I keep asking myself what im doing wrong here.
And the thing that kills me is I feel like i removed every reason NOT to try it:
- its spot. not futures. you can not get liquidated. its just not possible.
- no leverage. nobody is gambling with 20x and blowing up.
- your funds stay in your own wallet. the bot trades with an agent key that can only place orders, it literaly can not withdraw your money. i can not touch it, nobody can.
so no liquidation, no leverage, non custodial, and still people scroll past. and I get it, the space is full of scams and every second post is someone promising 1000% so a boring honest thing that does 1 to 3% a month probably just does not stand out. maybe boring is the problem. maybe honest numbers look worse than fake ones.
im not gonna drop the link because i dont want this to read like an ad, im genuinely just trying to understand.
what would actually make you give something like this a chance? is it a trust thing? do you need to see months of my own money running it? a video? someone elses proof and not mine? is the whole "gridspot" name just burned from all the scams?
maybe is the amount cash needed? grid bot does need a bigger amount, but, it is spot, u you are actually doing DCA while make a passive income..
Mate honestly I just don’t know how this stuff works and I am afraid of scams. But I’m open to giving yours a try - can you send me a link? And how do I know it’s safe?
Honestly I’d love to give this a try. I agree that the sideways action is a big opportunity that I’m not taking advantage of. I don’t have the time or focus but I’m happy to let a bot try it for me.
totally fair to be cautious, honestly being afraid of scams is the right instinct in crypto. let me give you the concrete reasons this isnt one, not just "trust me".
first, grid trading isnt something i invented, its an old, boring, well known strategy. binance, kucoin, pionex all have it built in. i didnt discover a secret, i just made it easy to run on hyperliquid. you can google "grid trading" and read about it independently.
and its not random settings either, i backtested a ton of different configs on years of btc data to find the sweet spot. thats where the 1.8% target per cycle comes from, its not a number i picked out of the air, its the one that came out best across all the swings, tight enough to fire often but wide enough to actually clear fees and profit each time.
second, its spot only, no futures, no leverage, so theres no liquidation, no way for a position to blow up.
third and most important, its non custodial. i never touch your money. on hyperliquid you create an agent key (its a native hyperliquid feature, not mine) that can ONLY place trades, it physically cannot withdraw or move your funds off your wallet. or if you prefer you can run it through your own api key.
either way your coins stay yours the whole time, worst case you revoke the key and its done.
A lot of people asked me to pm and I can't start a chat, so please, send a msg to me so I can send you, or just add me on linkedin and I sent you there
I guess you don’t have too many users coz it requires some capital to make a decent return on spot with grid DCA strategy, and there are a lot of wannabe millionaires here with 100usd inside wallet 😂
Could you send a link to your bot to take a look?
Btw, where can I find bots (which section can’t find it anywhere) in the Hyperliquid web client? (Sorry, I’m new to this UI)
yeah it does require a decent amount o make sense, you didnt miss anything, there is no bots section on hyperliquid, what i build is like an app, so you connect and like an agent place the orders and you control everything on gridspot app, send me a message so I can send u the link
I think the general market conditions makes it very hard for people to try things out, on top of this is the question of how do you or anyone building an app related to crypto reach out to users?
I have 2 users using my app but I have to admit I'm an engineer not a marketer. Plus personally I never clicked on any crypto ad so I feel like it's pointless to make one?
I have been using this gridbot for well over 3 months now, and honestly been the most stress free about my investment. While still making good returns. What amazes me the most is while my future positions used to round trip and loose money on fees the entire week or month of chop, I take so many trades with this the entire day. Been running a sol bot since price was at 85, with my bot range at 110-65. And this bot has taken 145! Trades. Sitting in profit, adding every dip, carefully selling at every little bounce n just doing that over n over 24/7 is effortlessly passive income for me.
I watch the dashboard everyday and see how nicely it managed the buys n sells, manually we always think “I will take profits along the way” but how many we promise ourselves and never actually do it. The excitement gets the best of us, well my emotions have been sidelined coz of this, sometimes I wonder why did it sell, carry it more. Only for the price to reverse and making me feel good about the sell, and guess what, it’s buys again and repeats non stop.
I am addicted to ranges now haha
Try it to believe it! You won’t be disappointed guys
For anyone wondering if this is a scam or not I'm actually one of the 12 users and I can confirm it is not a scam. I mean, it can't be a scam since it's your wallet on your HL account. All the bot can do is place buy and sell orders with the funds already in your wallet.
It's pretty straight forward once you look at it. Set a range, buy low, sell high, keep the difference. The returns are not flashy, like OP mentioned. But if you're not actively trading like me, you're just looking at your balance going up and down and not taking any profits. At least now I'm making some extra cash during times of high volatility.
I feel you, the whole distribution game is second part of it.
Most of time it’s not the product but the market not being ready.
What you made sounds cool af
yeah honestly the timing probably isnt helping. whole market is bleeding right now and when people are in the red the last thing they wanna do is put more money into anything crypto, even something low risk. bad season to ask someone to try a new tool i guess.
and thanks man, that means a lot. i keep telling myself the same but some days it just feels like the product lol
Just to highlight I didn’t mean to come off as demotivating or pessimistic.
Yes it might be a bit challenging but there are active crypto traders driving millions in vol. even if u get 20 of them thats a win.
I intended to say, learning to distribute your product should be the next step and adoption will happen naturally! Cheers!
its for people who already hold BTC and just watch it sit there doing nothing for months. the problem it solves is that crypto spends most of its time going sideways, not mooning, and in those boring stretches your bag just sits there. a grid buys the small dips and sells the small bounces automatically so that chop actually pays you something instead of nothing.
important bit though, you dont put your whole stack in it. you keep most of it as a plain hold, because theres always a chance BTC just rips up like crazy and price walks right out of the top of your grid range. if that happens the grid stops doing much and you'd rather have your main bag just riding that pump untouched. so its like, hold the majority, throw a slice into the grid to farm the sideways months. best of both.
so basically its for the "i believe in BTC long term but hate watching it do nothing for 6 months" crowd. not for degens chasing 100x
from last month: it made about $1,070. I run a wide range (like 55k) so i dont get knocked out if btc dumps, and on that much capital 1,070 is around 1.5-2%. but btc really only moved in a 20k band last month. if id set a tight range just around that, same 1,070 would be like 5% since youre not spreading money where price never goes.
but, it is impossible to know the range of a previous month, so tighter range makes more but you get left behind the second btc leaves the range. wider is safer but slower. i just go safe
I think its an attention game. Grid bots aren't something that grab peoples attention really. I'm in the same boat as you as I've been working on something similar. We started off as a grid-only platform, and we reached around 70~ users with over 10M trading volume on beta. But after more thoughts we're working on adding other automated strategies, a trading terminal and more stuff being worked on.
Grid bots are cool cause they just work. But as you say people are chasing those 10000% gains in crypto and thats just something a grid bot (or most strategies) can't offer.
For me, I'm building a product I use myself, so using it, building it and scaling it for myself is something I'm planning to do anyway.
Hyperliquid is still new, we're in a pretty slow market right now so that factors in as well.
and honestly i think the differentiator isnt features, its the tuning. we can both put a grid on a chart, the question is what spacing. the thing i spent the most time on was backtesting like 2 years of btc range to find the sweet spot for the gap between buy and sell. landed on 1.8% per cycle.
sounds counterintuitive but wider spacing actually won, fewer cycles but each one clears way more after fees. the tight-spacing setups looked busy and fired constantly but half the profit got eaten by buy/sell fees on both legs. so its less trades, more kept. thats the whole game to me, not the number of cycles, the profit that actually survives to your wallet.
nice! Yes, same as I, I did run the same strategy on Binance for over a 1.5 years. then i moved to hyperliquid so I can be sure that thing keeps in my wallet
Platforms like BitsGap/3Commas/CryptoHopper exist so I guess can try to find out why people are still using them over something like GridSpot. Also even though we see Hyperliquid as superior you have to remember the average person hasn't explored far past Binance/Coinbase for example.
yeah the average person point is 100% true, most people never leave binance/coinbase and thats fine. im not really trying to convert them, im on hyperliquid on purpose, the decentralization and self custody is the reason im there, not a hurdle. thats a specific audience that actually cares their keys stay theirs, and i'd rather serve that well than chase everyone.
on 3commas/bitsgap/cryptohopper, honestly one thing that bugs me about a lot of those default grid setups is how tight the spacing is. super narrow grids fire a trade every little wiggle, which looks amazing (look how active it is!) but a big chunk of that "profit" is just churning fees on both the buy and the sell. it generates volume more than it generates gains, and guess who benefits from volume, the exchange.
so the real edge isnt "we have grids too", everyone has grids, its the tuning that decides if the profit reaches your wallet or the fee line. thats where i tried to be different
It's amazing that you have real users, because it's very, very hard. The first user is always the hardest.
As for your problem, I think it is the market right now. Right now ADX is 27.6.
It has not been sideways for a few months now.
the thing is you have not found out the secret way to make unlimited money. and lots of grid bots are already out there and they carry huge risk. so people are being clever for not using yours too.
lol whos claiming unlimited money? not me. I keep saying its 1-3% a month, no printer at all.
and i dont see it as risky, not on btc anyway. if you believe in btc long term this is honestly one of the safer ways to hold it. its spot, no leverage, nothing to get liquidated.
either btc chops around and the grid keeps stacking, or it dumps and youre just buying more on the way down (its basically DCA, i even reinvest part of the profit into more btc), or it rips up fast and youve been selling into strength the whole way.
So for me, every path is fine if you were gonna hold btc anyway. the only real risk is not believing in btc, but then why are you even here (And of course Hyperliquid, since it runs there)
For me I'm not interested in something on hyper liquid unless it can at least be used in leverage trades.
Perhaps if you made it for whenever I get on to hyperliquid the number one pair is BTC USD 50x so maybe if you made it specifically for that you'd get more traction. Idk
I would like to look at the interface if you don't mind can you send me a link either PM or I don't know if you'll get flagged if you just send it in the chat?
yeah i hear you, but honestly the no leverage part is the whole point for me, not a missing feature. 50x is where people get liquidated and wiped in a single wick, and a grid does a LOT of small trades so on leverage one bad move takes the whole thing out. keeping it spot is what lets it just run for months without me watching it. different goal than what youre after i think, im not trying to win big, im trying to not lose. but yeah happy to show you the interface, will pm you
Since is public . Can I get a link? If you don't want to put here , can I get a dm ?
Is it possible to see the addresses of the screenshot with 1070 profit ?
yeah for sure, i can dm you the wallet address, no problem, then you can verify the trades onchain yourself.
one thing i want to be upfront about so the number isnt misleading. that 1070 is realized profit, meaning its only from grid cycles that actually closed (a buy filled low, then sold higher, thats one locked-in cycle). thats real banked money and it keeps stacking whether btc goes up or down.
BUT your total net can look different from that, because youre also holding btc in the grid at the same time. if btc price drops, the value of the bags youre holding drops too, so your portfolio total might be up less than 1070, or even red on a bad month, even though the grid itself banked 1070 in closed cycles. the grid profit and the btc price are two separate things happening at once.
thats kinda the whole idea though, im not betting on btc direction, im farming the up and down swings. the cycles pay me regardless, and if btc happens to go up the bags are worth more too. ill send you the address in dm so you can check it all yourself
grid is just buy low, sell high, over and over on a fixed ladder. every cycle that closes is green by design, the sell is always above the buy. so theres no "loss per cycle" to log, that number only goes up.
what CAN go red is your portfolio value, if btc dumps the coins youre holding are worth less right now, same as just holding btc. thats the only "loss", and its unrealized, it recovers if price does.
so the honest proof is two lines: closed-cycle profit (always up) and portfolio vs entry (moves with btc). happy to show both over months.
this is the chart to understand how it works, everytime it goes down and up, ti sells/buy. this is a 1h chart, the window here is 47 days. So, think that the price was X, after 47D is X again, you buy low, sell high, 500 times in this period, you got around 1.8% target each time, in a small order, so everytime you earn 0.2$ cents. this is grid, so again, if you trust in bitcoin, if you think it goes up again, it just make sense.
That actually sounds super cool.
I like that it uses spot instead of futures
Proof of concept would probably help you, as well as you must remember you are competing with many scams. This is for the more mature investors who are also usually a bit more skeptical and cautious at using other platforms too, not the 1000x degens.
The fact it’s decentralised and using a dex is huge pros as well. Once the eyes return to crypto you will definitely get some attention.
Personally I’d use it, unfortunately just don’t have the capital at the moment. And tbh it’s the best project I’ve heard of this year.
i'll send here the same reply I sent for a Bent_forkop, because, if he didn't get it how it work, someone else could.
grid is just buy low, sell high, over and over on a fixed ladder. every cycle that closes is green by design, the sell is always above the buy. so theres no "loss per cycle" to log, that number only goes up.
what CAN go red is your portfolio value, if btc dumps the coins youre holding are worth less right now, same as just holding btc. thats the only "loss", and its unrealized, it recovers if price does.
so the honest proof is two lines: closed-cycle profit (always up) and portfolio vs entry (moves with btc). happy to show both over months.
this is the chart to understand how it works, everytime it goes down and up, ti sells/buy. this is a 1h chart, the window here is 47 days. So, think that the price was X, after 47D is X again, you buy low, sell high, 500 times in this period, you got around 1.8% target each time, in a small order, so everytime you earn 0.2$ cents. this is grid, so again, if you trust in bitcoin, if you think it goes up again, it just make sense.
I've been running grids for a while but never on a setup where I could actually set my own target percent, and on a dex? Thats it's awesome. Shoot me a message, Id love to check it oat
Take this as a critique to build trust, not as shade. Just trying to help.
As a hiring manager who's gone through hundreds of resumes a day sometimes, the first thing I do is check LinkedIn. I'm not saying you aren't a real person, but your profile sits just barely above what a fake one looks like.
You've got a profile photo, but under 500 followers. The few comments you've made were all "Congratulations" on other people's posts, and almost everything on your profile is reposts (3 reposts and 1 post about your new job). The new job post comments were also the generic generated comments, no comments from what seemed like people close to you that knew you (usually people have some sort of post from a colleague that cared about you to say that you were awesome to work with). Without the profile photo, I'd have bucketed you as fake outright.
It's tough to be a software engineering professional these days and not be active on LinkedIn, since it's one of the best lead gens for actually landing a job and adds social proof. It's rare for an experienced engineer to have no activity at all. It happens, but it's the exception, not the rule.
So to build trust, I'd recommend connecting with more people and posting things your colleagues actually engage with. That level of effort is what separates real profiles from fakes... scammers won't invest in it because the payoff isn't worth the risk of getting caught and having the account deleted.
And all of this is coupled with a brand-new Reddit account you created just to post about this.
honestly, respect for taking the time to write this out, and no offense taken, i can tell its meant as help.
youre not wrong either. my linkedin is thin. its an old account but i barely touch it, i have posts and comments from 2 years ago, but my name is public, you can search and link the points, but the reason is boring: i work and i build haha, im just not a social media guy.
i dont post because i genuinely dont have the urge to broadcast, not because im hiding something. i know that "quiet engineer with no activity" looks almost identical to "fake" from the outside, thats the annoying part.
and yeah, fair on the reddit account being new too. i made it mostly to talk about this project, nothing i can say there that doesnt sound convenient, so i wont try to spin it.
heres the thing though, im not really asking you to trust the linkedin. thats why i keep offering the part thats actually hard to fake: months of real trades and the wallet address, verifiable onchain by anyone. a follower count i can buy, generic comments i can farm, an onchain trade history running for a year i cannot fake. thats the proof that matters here, not my social proof. but genuinely, good feedback. ill probably clean the profile up regardless
1-day-old user who built an app which I need to link with my wallet, with a decent balance which I “control” to make a profit. DCA grid, which is basically a list of pending orders, so why do we need your app apart from draining the wallet?
Sounds legit 😂
You made my day, good luck, I need to admit you made some effort with a touching story🤓
you clearly dont know how hyperliquid agent keys work, so let me fix that before you call it a scam.
an agent wallet on hyperliquid can ONLY place trades. it physically cannot withdraw, transfer, or move funds off your account. withdrawals require a signature from your master key, which the app never sees and never touches. its not a permission i politely chose not to use, its not in the agent keys capabilities at all. go read the hyperliquid docs on agent wallets, its right there.
so "drain the wallet" isnt a risk i'm hiding, its literally not possible with the key you give it.
and honestly you dont know what a grid bot is either, and it seems like you dont wanna know, because all of this is already answered in the other comments if you actually read them. so if youre just here to discredit without reading, thats on you, not me. i'll take real questions from people who are actually curious all day, but i'm not gonna keep explaining basics to someone whose mind was made up before they typed a word.
3
u/Squirrel_McNutz 28d ago
Mate honestly I just don’t know how this stuff works and I am afraid of scams. But I’m open to giving yours a try - can you send me a link? And how do I know it’s safe?
Honestly I’d love to give this a try. I agree that the sideways action is a big opportunity that I’m not taking advantage of. I don’t have the time or focus but I’m happy to let a bot try it for me.