Do you handle the order book depth and fees on each exchange? What about transfer times of the coins you are trading in order to take the next arbitrage opportunity? Withdrawal fees.

Best wishes,
Jonathan

Sorry. Please disregard that. It was a mistake.

Thanks

1 @ 0.55

Thanks for your answers Sampey, but I have to admit that they don't fill me with confidence regarding the performance of CAT.

You say that anyone operating with BTC/USD has made a loss. This would suggest that CAT hasn't performed well on any of the coins which have fallen by a similar amount over the past few months.

Really??

That is pretty much every coin!

Okay, so the idea is that on the way down you can catch bounces in the markets. But I fail to see how you could come out winning if overall the alt coin markets have crashed by 60%???

I mean even if you manage to catch a few "dead Cat bouces", surely the value of your portfolio will still be way down. I am talking value in terms of dollars here.

For example, if CAT buys LTC for a price of 0.011 BTC and then the price of LTC drops below this I can either wait and hope it increases or initiate a stop loss criteria.

BTW does CAT provide stop loss functionality?

Let's say I take a 1% loss on LTC and move to a different market. Do I just have to hope I happen upon these "dead cat bounces"? I would want to be a very lucky man indeed to make anything in such a market in which all my assets are falling. Or I trade on 10 markets and have to initiate stop loss on 8 of them? I'm confused. What specific things does CAT offer to help me make gains in this type of falling market. Your answer to this question is very important as it will determine whether it is worth my while to buy and use CAT.

What has your experience over the last few months been?

Thanks for your time Sampey

 

Thanks for your fast answer Sampey!

So this means CAT has not been that successful over the last 6-8 months because pretty much all of the alt coins have fallen in value, right? Most have fallen by about 60% in value. Even btc has fallen by about 50% in that time. In this kind of a market, what is the point in buying a product that demands I spread my portfolio over lots of currencies - all of which are falling?? Shouldn't I just hold in USD?

Or am I missing something?

Hey everyone,

I am interested in the CAT bot. However, before purchasing what I would like to understand is if people have continued to have success with it although the alt coin market has been in bearish mode for a long time now. Correct me if I am wrong but with CAT I can trade across a large number of currency pairs on the markets you support. If 90% of those currencies have fallen in value during the time I have been running CAT, doesn't that mean no matter how well it performed as they fell in value, the end result is my portfolio has shrunken. Or have I missed something?

Best
JonBoy

Relax man. He is, like am I, new to this.

Restrictions placed on new members to protect against bots are annoying as hell.

And searching is a pain in the a## with stupid timeouts and results saying that you already searched etc.

So just relax, eh.

Good idea, but some alt coins that have a backing of a successful entity (like for example the MMC guys) have a better chance of success than others. So not mining something that has a good chance of success just because it has been pre-mined becomes my dilemma. I would like to just ignore all that are pre-mined, but not sure if this is the best strategy.

So how many posts and how long do I have to be logged in for before I can post on the main threads?

This is getting frustrating. I am not a bot - I swear 

But as I tried to post my second post I realised there is a time restriction between posts too?

This is funny stuff.

How long is this interval restriction?

The thing that most annoys me about new alt coins is the fact that most have been pre-mined to ridiculous levels.

As a miner I would like for the coin I choose to mine to be a success and new coins coming into existing which have been pre-mined up to 7% and more are such a dissappoinment.