Hi guys,

let's suppose that I created a successful crypto trader bot, operating with low volume just following the market movements from an universe of around 100 coins. Let's assume also around a 85% of successful trades or so, either in bull, sideways or bear markets. The high rate of success is explained because the small volume doesn't affect significantly the overall market. In other words, this fictional bot it is completely different from a whale's one, which eats weak hands while moving the market.

But now I want my bot to make the transition from market follower to market mover. For this evolution to occur, I believe the only two things my bot needs are: to improve and adapt its trading algorithm, and way more volume to trade. To update the trading algorithm seems straightforward based on previous experiences and existing knowledge. To acquire more volume is where I need your help and insights, please feel free to send me private messages if you feel more comfortable. So far, I have the following naive ideas in my mind:

a) To sell the crypto bot for a hourly, daily, weekly, monthly or annual fee. With this profits I will also increase the trading volume in the bot's trade account. To prove the success of the bot, I would count mainly on rankings of the previous users. This is similar as previous projects like "Haasbot", "Gunbot", or the ones in "Cryptotrader".

b) To publish online the most recent bot actions in a webpage, subreddit or bitcointalk forum, twitter account, telegram/whatsapp/discord, or even a new app. Of course the past trade history will remain public in this platforms to prove the previous success. I can see this happening in two different ways:
i) To sell every trade information for a fee, and the buyers will receive the information some minutes or seconds before than the general public. This sounds very much like the infamous "Pump and Dump" schemes to me.
ii) To publish the trades for free, and let the market itself decides the fate of every trade. If the bot proves to be successful, the people will follow it and this would move the market anyway in the bot's favor. Something similar has been done for example with "Vicki the Cryptobot" some months ago.

c) In the unlikely event of this bot becoming an extremely successful crypto trader, it makes sense for the project even to have its own cryptocurrency. Its value will increase over time reflecting the successful trades, and this could bring every time more volume for moving the market. Going beyond, the project could become big enough hire experts and to be at the forefront of artificial intelligence research, and to transform in a sort of crypto market stabilizer, in order to avoid crashes and ensure a sustainable grow. I see some similarities with the "Cindicator" project, but the difference is this project would have an associated coin only with a working and successful product (the bot), and not before.

I could easily imagine that this kind of bots already exists in the crypto markets or in the stocks market. Any related information is highly appreciated.

But maybe the project flaw would be that this potential high volume and popularity will effectively decrease the success rate of the bot in a way I can hardly imagine right now (even if this sounds somehow logical to my intuition).

What would you do regarding such a successful bot:
1) as its owner and/or creator?, or
2) as an investor?


TL;DR: If I have a successful crypto trader bot, wouldn't increase its success if more people will trade following it (a win-win situation)?


Many thanks for your time!

Up! Anyone?

Hello everyone,

I would like to have your impressions about some ICOs token valuation. For simplicity, let's assume they fall into three categories depending ONLY on their market valuation:

Short-term token. Are the ones that will be heavily dumped once hitting the exchange markets. Tipically used by speculators for quick profit. In other words, overvaluated after ther ICO sale. Probably most of them will never recover. Personally not of my interest.

Mid-term token. Are that ones that once hitting the market will see their price gaining good value in the first days or weeks, specially if they enter first in small markets with an small supply. At some point though, the market will decide they are overvalued and they will decrease its value, at least temporarily. I would say typically this are the most hyped ones or with good marketing strategy, but anyway some of them are very promising projects. Personally, I would trade with some of them, securing some profits and hodling a good percentage of the tokens.

Long-term token. Are the ones that were at some point in the previous "mid-term token" category, but would see its price slowly rising after a couple of months in a very sustainable way. Some of them are mean to HODL for years to come, specially because their associated technology is not yet ready. And sometimes they fly under the radar for the masses, but not for the specialists investing in the fundamentals. Personally, if I truly believe in the project, I would hodl the tokens for a long time, and trading them only for very specific and important reasons.

I know this classification is an over simplification in many senses, but anyway I'm sure some of you saw this kind of price fluctuations and can give us very good feedback based in your experience.

What indicators can we look at to know in which situation every coin fits? How to know their potential price movements depending in how small or big are the markets exchanging it? Many people argue something like: "When the X coin will hit the Y exchange, the price will go Z". And sometimes they are right, but I can't discover yet the factors influencing the price. What do you think?

If you can give particular examples of some coins and particular markets, that will be great, I'm sure this information will be useful for many people. After all, a big percentage of the coins had their ICOs at some point, including some of the most succesful ones. Many thanks in advance

TL;DR How to know if a ICO token is either undervaluated or overvaluated before and after being listed in a (some) particular exchange market(s)?

Newbie question here: I put a limit order on Kraken to sell my BTC @ €2,100 since I bought them at that price and I don want to lose money. The problem is immediately the system sold everything at an average price @ €2,305.562. Which order I'm supposed to use then? Thank you

I read that one recently. Thank you!

Hi everyone,

I wonder if you know a post or a particular message here in BitcoinTalk, or in any other place like Reddit, etc. that has been HIGHLY PREDICTIVE about any issue related to BTC or the cryptocurrencies world. Of course I'm curious about the strokes of luck and funny texts, but most importantly about the predictive posts with solid evidence, either scientific, historical, statistical, economical, etc. This is somehow related with a research of mine that I am starting right now with this very first message

Thanks in advance!