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Trading bots have grown quite popular in recent months, with Profittrailer leading the way by far - they now have over 11, users and rising.
Given a lot of their nearest competitors charge almost 3 times as much and with the recent dip in BTC value this may be a good time to buy if you are interested in getting into a trading bot. It has an excellent user interface GUI - you can see a running demo here: I initially started with 0. I have been running the bot for 12 days and made about 1. I am running a strategy called Anderson DCA which in effect buys double if the price drops below a certain loss percentage which means your buy price is kept as low as possible and gives you a greater chance of getting a profit quickly.
Virtually every setting can be tinkered with and adjusted to your taste and there are lots of other strategies for both buying and selling as well as the one mentioned above. Profittrailer will switch to sell only mode during a downturn or fast spike in the market, again according to your settings. Profittrailer does not have secret mystical powers that will save you in the event of a total market crash like the last few days.
Here are a few of my 'bags' currently held. So in situations like the last few days, you can expect ZERO profit days with a low balance because you do not have enough money to allow the bot to DCA multiple times to keep your negative profit reasonable. The only thing to do is wait it out, until the market corrects. The bigger your balance to play with the better as always, right? I think the absolute minimum to get the best out of Profittrailer is 0.
If you want to check it out and I am not an affiliate you can do so at: Feature any Steemit post using resteemit. Now for the downside Authors get paid when people like you upvote their post. Still using it yes Thanks for your point on minimum capital to be successful.