Bitcoin Forum

Economy => Trading Discussion => Topic started by: WalletPlus on October 11, 2018, 11:14:36 AM



Title: From $100 to $137,614.74 in one year!
Post by: WalletPlus on October 11, 2018, 11:14:36 AM
Ok! I know the title of the thread sounds too good to be true, but theoretically, you can do it.

First, go to compunddaily.com (http://compoundaily.com/), then fill out the form like this:

Initial Purchase Amount           100
Daily Interest Rate                     2%
Length of Term (in days)           365
Daily Reinvest Rate                   100%
Include Weekends                     Yes

It will get the result, that after a year you will have total NET profit for the 365-day period of $137,614.74 (137,614.74%). But you need to invest always the full amount every day, and for the big amounts, it will be hard to fulfill the orders, and it is a HUGE RISK!

That got me thinking, I am a programmer, I could write a bot. He can work for me 24h and watch over my precious BTC. I open my favorite code editor, wrote basic CLI, connected to my Bittrex API, get my public and private key setup, and taught myself, watch me now World, I am going to conquer the world!

I want to be as safe as possible, so I set some rules for my bot :
 
1. No trading on bad days if the market is down, try to alert me to sell my BTC for USD, and wait for the market to stabilize itself.
2. No trading with cryptocurrencies with low VOLUME, I want to be able to sell/buy my coin fast.
3. Always take save profit, 2% - 5%, don't care if the coin jump 100%, I am happy, be humble.
4. Look for coins that want up/down a few %, check their volume, if the volume is bigger then the threshold put them into the favorite box if not remove them.
5. The bot shows me what he found and I am one who decides to buy in or not, over CLI.

And yesterday, bot offered me to buy dgb, I bought it for 370 satoshis and sold it after for 378. Now it wast just one day, and I had the beginner luck, let's not open the champagne yet!

I am lazy, I want to enjoy life and for the bot to do everything for me! Now he needs a small brain, let's look at neural networks,  that should help. Before I start writing code, let's look what can we find online, to find some good resources. After reading throw dozens of blog posts, website, papers, code, I saw it is a hard thing to do, I need more data. And if I would able to build this thing, damn I would become a billionaire,  but this will be a challenge for me this year and let's see how far we can go. I have my own project going on and that needs to go live as soon as possible.

Have a great day and be kind!