How to Make Consistent Income with the UTrading AI Bot: $65 Daily Tips

How to Earn $65/Day with UTrading AI Bot: Best Passive Income Settings for 2024

Are you looking for an easy and efficient way to make passive income every day with the UTrading AI bot? I’ve discovered the perfect settings for the UTrading AI bot that’s been helping me generate consistent profits. Whether you’re a beginner or an advanced trader, these settings will allow you to make money every single day with minimal effort using the UTrading AI bot. I’ll walk you through the entire process so you can replicate my success. Let’s get started!

We strongly recommend that you check out our guide on how to take advantage of AI in today’s passive income economy.

My UTrading Journey: Growing a $200 Account

To show you how powerful these settings are, let me give you a little insight into my results so far. I started with a modest $200 account, and as you can see, I’ve already made over $60 in profit. In fact, my account keeps growing daily, with returns like $25 and $20 showing up regularly. This strategy is scalable, and with discipline, you can easily grow your own account, even if you start with as little as $200.

Join My Telegram Group for Exclusive Insights

Before diving into the specifics of the settings, I want to invite you to join my Telegram group, where I share even more tips and strategies. You can also connect with other traders, ask questions, and stay up-to-date on the latest trends in crypto trading. My WhatsApp group is another place where we network, exchange ideas, and share our wins. If you’re not already part of these groups, now is the time to join.

Getting Started with UTrading

Let’s get into the details of setting up your UTrading account. First, when you’re ready to trade, make sure you switch your account to manual mode. Automated trading can be great, but I recommend manual settings for full control over your trades. Once your account is set to manual, go to the market section and analyze the current price trends of Bitcoin and other cryptocurrencies.

Analyzing Bitcoin Trends for Successful Trades

Bitcoin is the cornerstone of all cryptocurrencies, and its movement greatly influences other coins. Before making any trade, always analyze Bitcoin’s price trends. Right now, Bitcoin has dropped from $64,000 to $63,000, which presents a good opportunity for entering a long position. If you’re unfamiliar with chart analysis, I highly recommend using TradingView. It’s a free platform where you can track price trends, and I’ve provided a link below this post for easy access.

Daily Time Frame: Spotting the Retracement

When analyzing Bitcoin, start with the daily time frame. In this case, Bitcoin is in an uptrend but has recently retraced from $64,000 to $63,000. This retracement is actually a good sign—it allows new traders to enter the market. Once Bitcoin begins to climb again, you can expect other cryptocurrencies to follow suit. If Bitcoin pumps, the entire market will pump, so it’s crucial to time your trades accordingly.

The 4-Hour Time Frame: Confirming the Trend

After checking the daily time frame, switch to the 4-hour chart. You’ll notice that Bitcoin has already started to recover from its dip. This is the perfect time to enter a long position. As a rule of thumb, I always wait for a retracement like this before committing to a trade. When Bitcoin retraces by 1-3%, that’s when I jump in. It’s all about timing, and following this strategy will significantly increase your chances of success.

Selecting the Right Coins to Trade

When trading with UTrading, you should avoid coins that have already pumped significantly. If a coin has already gained 16% or more, it’s too late to enter. Instead, focus on coins that are in the red—those that have dropped by 1-3%. These coins are more likely to rise after a retracement, providing a much better opportunity for profit. For example, I often trade coins like ADA and XRP because they offer good returns when timed correctly.

Setting Up a Trade with UTrading

Now, let’s go through the process of setting up a trade. First, choose a coin that has recently retraced, like ADA. I typically use a 50x leverage setting to maximize profits. Don’t worry if you’re not familiar with leverage; I’ll break it down. If you invest $10 at 50x leverage, you’re effectively trading with $500. This allows you to earn bigger profits while still maintaining a relatively low-risk investment.

Using the DCA Bot for Maximum Profit

For this strategy, I prefer to use the DCA (Dollar Cost Averaging) bot in UTrading. This bot allows you to set both your profit target and your stop-loss. Once you’ve chosen your coin and set your leverage, click on the “long” option. Make sure you’ve selected 50x leverage and have your trade amount set to $10. Then, configure the cycle setting, especially if you’re trading overnight. This way, your trade can continue while you sleep, and you’ll wake up to profits.

Timing is Everything: Placing Trades at Night

I always place my trades at night. Since I’m based in Nigeria, this usually happens around 7:35 p.m. By the time I wake up in the morning, my long position has often made a nice profit. Bitcoin tends to pump overnight, so timing your trades this way can give you a significant advantage. With $10 in a 50x leverage position, you can turn that into $500 worth of trades, maximizing your potential returns.

Fine-Tuning the Settings for Your Trade

Once you’ve set your leverage and amount, you can fine-tune your trade by adjusting the take-profit and stop-loss settings. I recommend setting a 0.7% take-profit, which ensures you lock in profits without cutting your trade too short. If you’re new to trading, don’t overcomplicate things. Stick to simple settings, and as you gain more experience, you can experiment with different strategies.

Calculating Your Profits and Managing Risk

Let’s break down the math for a moment. With 50x leverage, a $10 investment turns into a $500 position. You can use a simple calculator to figure out your potential gains. For example, a 1.37% drop in the market will trigger your bot to buy more, doubling your investment. It’s important to manage your risk carefully. I always recommend starting small and gradually increasing your position as you become more comfortable with the settings.

Smart Covering: An Important Feature to Use

One of the key features I use in UTrading is “smart covering.” Make sure this feature is turned on, as it will help you manage your risk more effectively. Smart covering allows the bot to buy more of a coin when the market drops, ensuring that you don’t lose out on potential profits. Once the market recovers, you’ll have a larger position, and the bot will sell at a profit.

Maximizing Profits with Multiple Trades

Once your bot has completed a successful trade, you don’t need to stop there. I usually aim for three profitable trades before stopping the bot. After three successful trades, I allow the market to retrace again before placing another trade. This strategy allows me to maximize my profits while minimizing the time my bot is exposed to the market. Always monitor your trades and be prepared to adjust your settings based on market conditions.

Stopping the Bot at the Right Time

When the bot has made me profits three times, I stop it to avoid overexposure to the market. If you leave the bot running for too long, you run the risk of losing your profits in a sudden market dip. To stop the bot, simply click on the “robot” tab and hit “stop.” Once the market retraces again, I’ll start the bot back up and repeat the process. Timing is everything when using this strategy.

Joining the Community: Let’s Make Money Together

Trading can be challenging, but you don’t have to do it alone. I’ve created a thriving community of traders who share tips, strategies, and support one another. With over 612 members in my Telegram group, we’re all working together to make money with UTrading. You can also message me directly on WhatsApp if you have any questions or need help setting up your trades.

Referral Codes and Networking: Multiply Your Earnings

One of the best ways to multiply your earnings is through referrals. I encourage you to share this post and the referral code provided with your friends and network. The more people you invite, the more passive income you can generate. UTrading offers excellent bonuses for referring new users, and as more people join, our community grows stronger. Let’s make 2024 the year of financial freedom for everyone.

I hope this blog post was helpful, and I’m confident that by following these settings and strategies, you’ll start making consistent profits with UTrading in no time. If you have any questions, feel free to reach out to me on Telegram or WhatsApp, and let’s keep the conversation going. Together, we can achieve financial success using the best AI tools available today.

Thanks for reading, and I look forward to seeing you in our community!