I've encountered bots in my searches for something like this. But the term bot does not inspire much confidence. I know 3commas is popular and has bots. In the meantime I've also found Kattana Trading Terminal. Does anyone know something about this?

Hello peeps So with so many coins and so many exchanges, it's hard to switch between them when trading. Also some exchanges lack crucial features like stop-loss and such.

Is there a one-stop-shop where you could plug different exchanges via API keys and trade, but also support a vast array of features (e.g. stop-loss)?

Thank you!

Thank you for all the replies, I've now developed a strategy that should mitigate the impact of a security issue.

I also have a followup question. Seems everyone is very scared of centralized exchanges, but I guess some, that are also insured by different entities, are like any other bank? Or am I missing something here?

For example if an exchange is insured in the US and UK, will the exchange only help customers based in those locales in the event of an hack?

And regarding decentralized exchanges, I'm all for decentralized anything, but even bisq got "hacked". Any thoughts here?

Thank you! This clears things up.

Hello everyone, I have questions about portfolio rebalancing and coin storage.

So the thing that popped up from nearly all articles I've read is that the "best" (secure) way to store your coins is on a cold wallet (your wallet, your crypto).

Now, I've been looking at rebalancing as an low-risk investment strategy. I've also found tools that can automate such a strategy. From what I've gathered, these tools require that the coins be up on an exchange that has support for plugging in via API calls so it can do those automated tasks.

I guess my question is for general trading/investing. Do you store all your assets on the exchanges in order to trade them? And if you just use a part of the assets, does it yield a lower profit?

In the rebalance scenario, because cryptocurrencies are so volatile, a daily rebalance is warranted. So I guess that holding assets on an exchange is practical and cheaper, even if less secure?

Would storing a part of the profits on the cold wallet be the best way to go?

Thank you!