FAQ & Troubleshooting:
Last updated
Last updated
Q1) My P&L shows profit but my actual wallet balance decreased/no increase.
Your Solana Blockchain Gas was higher than your profits. Solana Blockchain Gas paid and the 0.9% Platform Fees is not included your P&L calculations.
This is because of small buy amounts per token. As you buy smaller amounts per token - and sell/multiple take profits - your profits are less than the gas for each buy/sell.
For recommendations:
Trade with larger amounts.
Calculate a rough estimate of gas paid of every sell - is it more/less than your profits from sale?
Reduce number of take profits and but take profits are higher %
Example: Buy: 0.001 SOL Sell: 0.002 SOL P&L = 0.002 - 0.001 = 0.001 SOL (excluding gas & platform fees)
Suppose, if you paid 0.001 SOL in gas each for buy & sell, you paid a total of 0.002 SOL in Gas. Net profit = 0.001 - 0.002 = -0.001 (meaning funds were used from your wallet to pay for the gas and your wallet balance went down)
Here's an example with a 0.001 SOL buy and a 1 SOL buy. Note: The Priority & Jito below are example values and they can be changed by the user.
If you would like to know more about how Solana's gas works, you can also refer to this external article: https://solana.com/docs/core/fees
Q2) My P&L does not reflect in the Autosnipe wallet:
All P&Ls reflects in the wallet real time after every buy/sell. In cases, you can encounter the one as mentioned above. Further more - if you have done manual buys/sells and withdrawals along with the sniper running - these can also change your wallet balance and affect the overall value you see.
Q3) Can investing larger amounts also be unprofitable too?
Depends on exits - if every sell profit is small than Solana gas fees - then yes.
Users are advised to plan their per token buys and profit exits with gas fees in mind.
Q4) What is invested amount?
"Sol Amount Used : Money already spent on buying tokens you see in AI Sniper's trading history.
Your sells will decide your profits or losses you make from the tokens. All P&L from buying/selling is done via your Autosnipe wallet There is no separate wallet for AI Sniper and these funds have been used to buy the tokens selected by your setup. "
Q5) The Sniper says max trading amount reached - what does that mean?
When the maximum trading amount is reached, it means it has used the amount you have asked it to - i.e: the max trading amount that was set at the beginning of the Sniper. If you wish to continue trading more tokens - you can update that amount to a higher value.
For example: The max trading amount set was 1 SOL and if you would like to continue trading 1 more SOL in the sniper - update the max trading amount to 2 SOL. The max trading amount is 2 SOL - your sniper has used 2 SOL to buy tokens - if you would like to trade 1 more SOL - you can update it to 3 SOL - meaning 1 SOL is used.
Q6) AI Sniper not buying tokens.
Check the settings you put for tokens to be bought and if any tokens match those settings that came out during the AI sniper being live. Most likely your no tokens matched your buy settings and hence, no buys were done.
We recommend changing your buy settings and adjust as per current tokens in the market.
Q7) My Tokens that are bought are not new - but older ones.
This is due to the token settings you have chosen - at the time of token release, the criteria would not have matched your settings chosen and in due time, when the token criterias finally matched, the AI sniper initiated a buy at the moment.
Sometimes, due to your token criteria, your criteria may have chosen to buy tokens that are on a downward trend as they may have not matched them earlier.
Recommendation: experiment with other settings to avoid buying tokens late or on a downward trend.
Q8) I Sold a token manually - but not showing in AI sniper Sells.
Tokens sold by the user manually and not by the AI sniper would not reflect in the Sniper Sells - they would show in the holdings tab.
Similarity - P&L of tokens would also change as P&L is only for AI sniper Buying/Selling - any tokens sold by the user manually which were bought by the AI sniper would not be considered for P&L calculations either.
Q9) My Sniper is deactivated - will it still sell the tokens it bought?
Yes, if your sniper is deactivated, it will still continue to sell the tokens it bought - provided you have enough buffer balance to cover the gas for every sell - refer to the first question to understand the gas involved in each sell.
You can also manually sell the tokens via the holdings tab or via the token tab page.
