DEV Community

Cover image for HOW TO SET UP A FREE CRYPTOCURRENCY TRADING BOT - BEGINNER'S GUIDE
Ben
Ben

Posted on • Edited on

HOW TO SET UP A FREE CRYPTOCURRENCY TRADING BOT - BEGINNER'S GUIDE

Here are the links to the resources you will need to get started:

Video: https://www.youtube.com/watch?v=vtDKiXgHzxA

Bot code: https://github.com/whittlem/pycryptobot


Trading Exchanges that work with this Bot:
Coinbase: https://www.coinbase.com/join/olney_0c
Binance: https://www.binance.com/en/register?ref=73328165


The Raspberry Pi Shopping List:

  • Raspberry Pi (Model 4b shown in this video with 4GB memory)
  • Official UK Raspberry Pi 4 Power Supply (5.1V 3A)
  • Micro SD - Pre-Loaded with NOOBS (Official Card & Adapter) Store: https://uk.pi-supply.com/?ref=r9urn2si3b

(WORLDWIDE SHIPPING)


FIRSTLY BEFORE THE VIDEO:

Open your Pi terminal window and type:

sudo apt update

then:

sudo apt install git


Learn the Basics of Python, enough to edit and make changes to the bot. Python is one of the easiest coding languages to learn and the language of the future with Machine Learning and AI: https://amzn.to/3v4iZfz

Michael, the developer of the bot code, writes regularly about updates and has more information about how to install and configure the bot here: https://whittle.medium.com

How to Install the Bot on a Raspberry Pi:
https://github.com/yanone/raspberrypycryptobot

TradingView (Great app for price/candlestick charts):
https://www.tradingview.com/gopro/?share_your_love=Ben23O

Investopedia:
These charts are recommended:
https://www.investopedia.com/terms/e/ema.asp
https://www.investopedia.com/terms/g/goldencross.asp

Please note that some of these links above are affiliated. By clicking on them and making purchases/signing up it will help support further articles/videos on this project.

DISCLAIMER: The information provided in this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. I do not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult a qualified financial advisor before making any investment decisions.

Top comments (0)