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1  Economy / Trading Discussion / Re: Trading bot vs. you -> who's better? on: February 09, 2021, 09:08:57 AM
Good piece on how to tell if a trading bot is a scam or is legit:

Crypto Trading Bots: How to Choose the Right Platform

This is my take...

Be extremely careful if:

- They tell you to upload your exchange keys to their online bot.

It's an outright scam if:

- They ask you to transfer funds.

- They tell you their bots are profitable without an audited track record.

- They tell you it's easy and that you can make money while you sleep.

- They tell you that you don't really need to know anything about trading, coding or even crypto!
2  Economy / Trading Discussion / How to tell when a trading bot is a scam on: February 09, 2021, 09:07:44 AM
Good piece here:

Crypto Trading Bots: How to Choose the Right Platform

This is my take...

Be extremely careful if:

- They tell you to upload your exchange keys to their online bot.

It's an outright scam if:

- They ask you to transfer funds.

- They tell you their bots are profitable without an audited track record.

- They tell you it's easy and that you can make money while you sleep.

- They tell you that you don't really need to know anything about trading, coding or even crypto!
3  Economy / Trading Discussion / How to turn you Raspberry Pi into a crypto trading bot on: November 13, 2020, 12:22:58 PM
How about turning a Pi into a little money-making machine?

This is what you'll need for this cool Pi project:

  • Raspberry Pi 2GB RAM ($40). If you plan to run long (multi-year) backtests you will likely need the 4GB or 8GB version (2 GB is enough for shorter backtests and trading live).
  • Flash-card, 16Gb ($7).
  • Raspbian / Ubuntu ($0, open-source).
  • Node.JS ($0, open-source).
  • Git ($0, open-source).
  • Superalgos (0$, open-source).

I'll assume your Raspberry is fully set up with Raspbian or Ubuntu. If it's not, just follow the manufacturer's instructions.

Let's get on with the rest of the software set up:


You don't want to run the Superalgos GUI on your Raspberry… the 2GB RAM version won't be able to cope with it.

The clever setup is to use the Pi as a backend service that you access from your regular machine's browser.

So, run Superalgos with the noBrowser option. If your Pi is less than 8GB RAM, then add minMemo too:

Code:
node run minMemo noBrowser

The command will start Superalgos backend servers on your Pi!

Then, open Chrome on your regular machine to access the Superalgos backend web server. You will go to the Raspberry's IP address on port 34248. Like this:

Code:
http://RaspberryIPNumber:34248/

Once in, click Stop on the Welcome tutorial, right-click to open the design space map, and click on the Network hierarchy. Expand the hierarchy (plus button on the menu) and find the Network Node.



Now, access the configuration of the Network Node (select Configure on the menu) and change the host by typing your Raspberry's IP address:

Code:
{
"host": "RaspberryIPNumber",
"webPort": "34248",
"webSocketsPort": "18041"
}

Exit the configuration by withdrawing the mouse pointer from the configuration bubble. The GIU will auto-connect in less than a minute, and you are ready to go!

If you are not familiar with Superalgos, then right-click to open the design space map again, and click on the Welcome tutorial hierarchy on the bottom-left corner, open the menu, and click Resume.

The tutorial will take you through all the basics and help you run your first data-mining operation, your first backtest using a demo trading system, and even your first live trading session on Binance.

Once you go through the first experience, you may learn to design your own strategies or use the ones shared by the Community.

The set up you just created is the minimum expression of a trading farm. If you have more Raspberries, or even old laptops or desktops gathering dust in the closet, pull them out, and set them up as new nodes on the Network!

A trading farm setup may run distributed and coordinated tasks across multiple machines, and each machine may run as many trading sessions as the hardware can cope with!
4  Economy / Trading Discussion / Re: Turning 0.005 BTC to 1 BTC? Trading Journal | Currently 268% in Profit on: March 05, 2020, 04:57:27 PM
I know what you all are thinking, a 20,000% Gain? Impossible right? Well you're probably right but who cares, im gonna try anyway.

Not crazy if you have the best tools... Superalgos V.0.0.6 is around the corner... Take a quick peek into the new charting space interface:

5  Economy / Trading Discussion / Re: How to learn bitcoin trading? on: March 05, 2020, 04:53:49 PM
I have invested in bitcoin, and i would like to learn about trading bitcoin to hopefully maximize both my current and future investments.
a+ homework calculator
Since i am completely new to the world of crypto i would appreciate it if more knowledgable people have any good resources or tips to share. Both for (hopefully) profiting from trading, and for practical tips on how to reduce fees, maximize security in a practical manner and anything else that is necessary and/or helpful in my quest to accumulate bitcoin.

Superalgos V.0.0.6 is around the corner... you will need the best tools if you are ever going to be successful at trading crypto:

6  Economy / Trading Discussion / Re: What tools are not enough for you to interact with cryptocurrency? on: March 05, 2020, 04:51:46 PM
I am creating my crypto project from scratch.
My friend and I are crypto enthusiasts. And we want to do our bit to the community. So far, it was in our power to make only a news aggregator, but we are actively working to expand its functionality.
We want to make some useful tools. For example, I personally did not find a convenient portfolio for myself, so we plan to add these things to the site.
Also, we have the idea of a tool for comparing currencies on exchanges. We want to make a convenient place where all the tools you need are collected in one place. And in the end, we plan to make a convenient and practical toolbox out of just a news aggregator.

What tools do you use to interact with cryptocurrency? What functions do you need? What do you advise us to strive for?


Maybe you can start by understanding what the future of crypto-trading will bring: Superalgos V.0.0.6 is around the corner...

7  Economy / Trading Discussion / Re: Crypto Charts Are Garbage on: March 05, 2020, 04:49:20 PM
Anyone sick and tired of articles citing charts? I’ve been in stocks for 10 years and I know how to read them. Bitcoin/crypto isn’t candle based.


Only if your charts suck... Mine don't:

8  Economy / Trading Discussion / Re: Superalgos - Free, open-source trading bots platform for non-coders on: March 05, 2020, 04:43:03 PM
Superalgos V.0.0.6 is around the corner... Take a quick peek into the new charting space interface:





9  Economy / Exchanges / Re: is there a "Quantopian" alternatives focuses Crypto trading? on: November 22, 2019, 04:35:21 PM
Also, people share strategies on the community telegram, some of which work really well. Below is the latest trade, closed earlier today, of the Weak-hands Buster, a BTC-based strategy that seems to work really well on bear and consolidating markets. Notice how the app plots all main actions directly over the charts: take position is the dotted horizontal line, dynamic stop loss y the red line and dynamic TP is the green line. You can manage SL and TP in phases, each with different rules... This trade made my week... 15.7% ROI in BTC...

10  Economy / Exchanges / Re: is there a "Quantopian" alternatives focuses Crypto trading? on: November 22, 2019, 04:10:50 PM
Quantopian is a very popular platform for quantitative trading.
https://www.quantopian.com/

for those not familiar with Quantopian it is a platform "like kaggle" for algorithm trading.. 
You have access to historical data;
the capability to share your trading strategy on jupyter notebooks (it got all data science, machine learning tools pre-installed);
backtesting (zipline library under the hood);
foretesting (paper trading);
Contests, etc.

I found this one
https://crix.io/

Is there any other you guys may suggest?

Thanks


Superalgos is based on systematic strategies instead of pure numbers crunching. It allows building both complex and simple strategies on a visual environment (no coding required!). It has a powerful backtesting / paper trading / forward testing / live trading engine. Best of all is that it is completely free, open-source and trustless (as it runs everything on users machine--so you don't need to trust your strategies, api keys, funds or personal data to anyone).

You build strategies, test them, and can see the results directly over the charts, trade by trade, with every action taken by the strategy plotted over market data and indicators. Upcoming version allows processing custom data sets and building indicators...

The project is bigger than just the app... you definitely should check it out...
11  Economy / Trading Discussion / Re: Smart hodling vs just hodling on: November 22, 2019, 04:02:22 PM
I think you have misunderstood the definition of speculation and investment. The investment is for investors who want to hold in the long term and do not want to sell to buy back at a low level.
As for speculation, that's how you're applying and it's completely different. Sometimes your strategy may not completely produce as much profit as an investment because you don't hold long enough like them. Everyone has their own strategy and nobody is smarter than anyone.

You think there is no speculation in investing?
12  Economy / Trading Discussion / Re: Trading Bitcoin: Chess Masters vs. Surfers on: November 22, 2019, 10:44:21 AM
You are entitled to your thoughts, of course, but as your were writing your post, I was making a 15.7% win on the lastest bitcoin price slide, all with the Weak-hands Buster open-source strategy. Bitcoin has been going down for several weeks, but there is no need to suffer if you manage to sell bitcoin as it starts diving and take the profit at the bottom, buying more bitcoin with the same money. This strategy may be fully automated in the Superalgos Desktop App and can help you with the timing. This is the trade closed an hour ago:

13  Economy / Trading Discussion / Re: Smart hodling vs just hodling on: November 22, 2019, 10:41:56 AM
As the OP, I have to say that I'm doing well doing a bit of trading when bitcoin goes down. Another great 15.7% win in BTC with the Weak-hands Buster open-source strategy. Bitcoin has been going down for several weeks, but there is no need to suffer if you manage to sell bitcoin as it starts diving and take the profit at the bottom, buying more bitcoin with the same money. This strategy may be fully automated in the Superalgos Desktop App and can help you with the timing. This is the trade closed an hour ago:

14  Economy / Trading Discussion / Re: Are you watching your investment dive with the bitcoin slippery slope? on: November 22, 2019, 10:09:48 AM
Another great 15.7% win in BTC with the Weak-hands Buster open-source strategy. Bitcoin has been going down for several weeks, but there is no need to suffer if you manage to sell bitcoin as it starts diving and take the profit at the bottom, buying more bitcoin with the same money. This strategy may be fully automated in the Superalgos Desktop App and can help you with the timing. This is the trade closed an hour ago:

15  Economy / Trading Discussion / Re: Trading Bitcoin: Chess Masters vs. Surfers on: November 21, 2019, 12:09:33 PM
Judging by the responses here, it seems to me that the field is more or less evenly distributed, don't you think?
16  Economy / Trading Discussion / Re: How to multiply your bitcoin during consolidations without investing more cash on: November 18, 2019, 08:06:08 PM
For people following this thread, you may want to know that the open-source strategy I pointed in the OP is again in the middle of a trade, shorting bitcoin... looking promising... The stop hasn't started trailing yet but will soon if the slide downwards continues... Current TP at 7.2k... See http://superalgos.org if you are interested...

17  Economy / Trading Discussion / Re: Smart hodling vs just hodling on: November 18, 2019, 07:59:18 PM
By the way, the strategy I pointed in the OP is again in the middle of a trade, shorting bitcoin... looking promising... The stop hasn't started trailing yet but will soon if the slide downwards continues... Current TP at 7.2k... Did I mention it's open-source? See http://superalgos.org if you are interested...

18  Economy / Trading Discussion / Re: Trading Bitcoin: Chess Masters vs. Surfers on: November 11, 2019, 03:57:39 PM
I am more lean toward surfer play by feel, but this is not something good based on my experience this way is only suitable when the market is bullish, why? because surfer needs waves and waves describes something that goes up and down, meaning when there is a decrease there will definitely be an increase and so on, buy when down sell when rise. but this is will hurt you soon or later, sometime must be chess master.

On a downtrend you'd want to short the coin and re-buy when price stabilizes at a lower price... Get it right and you will have multiplied your assets...
19  Economy / Trading Discussion / Re: Trading Bitcoin: Chess Masters vs. Surfers on: November 11, 2019, 10:52:39 AM
Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers

Many times I tried to keep up with market movements, but this is impossible. There are too many robots on the exchanges that will always be faster than the human hand. In my opinion, it is best to invest in the long term. So buy, transfer to a cold wallet, sit back with mojito and wait.

So you are more on the chess master side of things I guess!
20  Economy / Trading Discussion / Trading Bitcoin: Chess Masters vs. Surfers on: November 11, 2019, 10:30:37 AM
Ever wondered why some bitcoin traders are drawn to go out scalping every fast-rolling wave gliding across the screen while others will sit in the comfort of the beach club—mojito in hand—and play the tide instead?

Surfers play by feel, remain cool under pressure and make the most out of their instincts...

Chess masters are analytical freaks, follow hard rules and always stick to their trading system...

Which side do you lean towards the most?

Either way, it's a hilarious read!! Trading Bitcoin: Chess Masters vs. Surfers
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