For your Cryptohero AI bot investing in VET coin for a two-week period, consider the following entry conditions:
- Initial Buy-In: Set the initial buy-in amount to 0.01 BTC (or a similar small amount) to minimize risk and test the waters. This will allow you to gauge the bot's performance without risking too much capital.
- Entry Point: Look for entry points where the bot detects a bullish trend, such as a breakout above a key resistance level, a positive momentum indicator, or a significant increase in trading volume.
- Stop-Loss: Implement a stop-loss order at a predetermined level, such as 10% from the breakout point, to limit potential losses in case the trend reverses.
- Take-Profit: Set a take-profit level at a reasonable target, such as a round number or a key resistance level, to lock in profits and avoid excessive risk-taking.
- Trade Confirmation: Ensure that the bot is configured to confirm trades before executing them, giving you the opportunity to review and approve each transaction.
By setting these entry conditions, you can establish a structured approach to investing with your Cryptohero AI bot, helping to manage risk and optimize performance over the two-week period.