Crypto Dip Buying Bot

This bot is designed to buy cryptocurrency on Coinbase Pro or Gemini using a USD prefunded portfolio whenever it detects a significant dip in price.

USE AT YOUR OWN RISK

I run this bot full time against my own personal Coinbase Pro and Gemini accounts, however I make no warranties that the bot will function. It could crash and miss a dip, or it could detect and buy a dip before the floor. So far it has done well for me, but your mileage may vary.
As with any open source code: USE THIS BOT AT YOUR OWN RISK!

Dip Detection

The bot checks the price in a configurable cycle. Each cycle the bot will check the price of the specified cryptocurrency. It will then compare the average price of the previous 7 days worth of price history to the configured dip percentage. If the current price is the configured percentage lower than the price average it will buy the cryptocurrency in the specified amount of USD.

Running The Bot

To run the bot you will need Docker and docker-compose installed on your computer.

docker-compose up -d

Choosing An Exchange

If you specify Gemini credentials at all in the config.json file then the bot will use Gemini even if Coinbase Pro credentials are also specified.

Config File

You will need the following:

1. Coinbase Pro or Gemini credentials tied to the portfolio you want to run the bot against
2. Dip logic parameters:
   1. The cryptocurrency you want to transact in. (It must support being paired against USD in Coinbase Pro)
   2. The buy amount you want in $USD.
   3. The average percentage drop from the previous week's worth of intervals you want to consider a buy worthy dip.

The following sections are optional.

1. Time variables in the bot config
   1. Period of days to average (Default: 7)
   2. Cool down period before buying again (Default: 7)
   3. Check cycle frequency in minutes (Default: 60)
2. AWS credentials:
   1. AWS API keys
   2. SNS topic ARN (us-east-1 only for now)
3. Optionally you can override the bot name

These settings should be in a configuration file named config.json and placed in ./config. Additionally, you can override the volume mount to a new path if you prefer. The file should look like this:

{
  "bot": {
    "currency": "ETH",
    "buy_amount": 75.00,
    "dip_percentage": 10,
     "average_period_days": 3,
     "cool_down_period_days": 5,
     "cycle_time_minutes": 15,
     "name": "Test-Bot"
  },
  "coinbase": {
    "api_key": "YOUR_API_KEY",
    "api_secret": "YOUR_API_SECRET",
    "passphrase": "YOUR_API_PASSPHRASE"
  },
   "gemini": {
    "api_key": "YOUR_API_KEY",
    "api_secret": "YOUR_API_SECRET",
   },
   "aws": {
    "access_key": "YOUR_API_KEY",
    "secret_access_key": "YOUR_API_SECRET",
    "sns_arn": "arn:aws:sns:us-east-1:012345678901:dip_alerts"
  }
}

Running outside of Docker

You can run the bot outside of Docker pretty easily.

python SourceCode/cryptodip-bot.py -c /path/to/config.json

Logs

The bot will log activity to stdout, so you can review it with docker logs

Donations

I have configured GitHub Sponsors, if you would like to support my work.