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Author Topic: [WTS] GovBot CryptoBot Automated Algorithmic Bitcoin Trading System  (Read 582 times)
GovBotDotNet (OP)
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March 26, 2016, 07:17:04 PM
Last edit: May 07, 2016, 03:23:18 AM by GovBotDotNet
 #1

This bot is legit, it's treated me well.  Enjoy!



EDIT:  I just realized that I am making potential customers click before they even know what the price is... I hate it when they do that.

Hobbyist: 0.01 BTC/Month
Pro: 0.02 BTC/Month
Master: 0.03 BTC/Month
Master 5x: 0.075 BTC per month
Whale: 0.25 BTC per month



CryptoBot Automated Algorithmic Bitcoin Trading System

https://tradewave-discourse-uploads.s3.amazonaws.com/24736975f30bb2a9cd7aea914bedbb0c71c4f0937f9b.png

Slow and steady wins the race

Buy now in the marketplace:
http://www.tradewave.net/marketplace/GovBotDotNet

...or get more information:
http://www.govbot.net/portfolio/cryptobot

Govbot minimizes risk to holdings while building equities over time…
…it will not trade at a loss.

GovBot is a modified Dollar Cost Averaging system…
…it simply buys on price declines and sells on price increases.

GovBot makes no predicitons and does not use complicated indicators…
…so you don’t need to trust my opinions about the market.

If you hold the following assumptions:

– Bitcoin will not go up forever, and will not go down forever, but will be volatile within a range
– Having bitcoin/money on an exchange, paying the monthly Tradewave fee,
and purchasing a bot is worth a modest return on holdings

…then this bot is for you.

I use GovBot exclusively with my coin.
Buy now in the marketplace: http://www.tradewave.net/marketplace/GovBotDotNet
...or get more information: http://www.govbot.net/portfolio/cryptobot

This bot is legit, it's treated me well. Now I offer it to the public.

Post any questions here, and I'll post updates.

-GovBot
govbotdotnet@gmail.com
Notes:

    Works on any exchange, but only BTC/USD pair at this time.
    Designed for normal trading (exchange wallet), not margin trading

Warning:

    If the bot runs out of BTC or USD it will stop and email you.
  
Ideas:

    Start GovBot with a stocked, balanced portfolio and don't look at BTC price anymore. Reduce stress.
    Start GovBot with a small, balanced portfolio. When it runs out of BTC and emails you, that means the price is high. Get some coins out of cold storage and buy silver coins, or pay your Tradewave monthly fee, or go shopping with Bitcoin. When it runs out of USD, get some cash out of the banks and buy more BTC
    Run GovBot on your exchange wallet and manually trade alongside it. The statistics reported in the bot will include the results of your manual trading. Similarly, if you pay your Tradewave fees out of the exchange wallet, you can let GovBot help you determine your overall profit (but some exchanges have too much of a delay in wallet transfers to get the Tradewave fee paid within the 15 minute BitPay window)

Q & A:

    Q: The bot is working. It trades often and profits, but it doesn't move enough coin!

    A: Run more bots simultaneously. For $29 you can run 5 GovBots on Tradewave. If you run the Master version 5 times, that's an additional 0.15 BTC per month in bot price. This is what I do, it's quite profitable.

    Q: Why is the buy/sell dot above/below the price line?

    A: When a buy or sell gets triggered, GovBot simulates a market order and bypasses Tradewave's auto-adjust price feature by placing the order well into the book. The actual price it is getting is better than the position of the dot.

    Q: I have X equity in my portfolio. Which GovBot should I use?
    A: How much do you think BTC price will move? Do you mind if you get stuck in fiat? Do you mind if you get stuck in Bitcoin? Let's say you believe the price is not likely to move more than $100 up or down for a long time. To be relatively sure you won't run out on either side, you need 100 x the amount the bot moves, on both sides, so times 2. I.E whale plan moves 1 BTC at a time, you need 200 BTC if your guess about the future volatility is right. Hobbyist moves 0.0125, you would need 2.5 BTC. (that's 2.5 value, equally divided between coin and fiat).
    Conversely, if you have 2 BTC, you can run Hobbyist with some risk of running out of equity on either side.
    If BTC supermoons, most of us will be out of coin. But we'll have profit in cash, and GovBot can be used to buy back in on the other side. Smiley

GovBotDotNet (OP)
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March 27, 2016, 07:19:35 PM
 #2

Today is a good example of why I like GovBot for my coin.

BTC price spiked about $15. GovBot earned approximately 1% in USD on a small portfolio, just today.

1% isn't huge, but the cool thing is that, had the price dropped $15, it would have earned 1% in BTC.

I have zero worry of where the price goes from here, just sit back and enjoy the steady accumulation.

Screenshot of today's action:
https://tradewave-discourse-uploads.s3.amazonaws.com/2414f428da79a16dfeb6ed7ee777643441fbc754fbf0_690x362.png
GovBotDotNet (OP)
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April 06, 2016, 12:06:45 PM
Last edit: May 07, 2016, 03:22:58 AM by GovBotDotNet
 #3

Edited the OP:

Notes:

Instructions:


Warning:

Ideas:

http://www.tradewave.net/marketplace/GovBotDotNet
GovBotDotNet (OP)
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April 08, 2016, 12:08:54 PM
 #4

Updated OP with pricing info:

Hobbyist plan: 0.01 BTC/month
Pro plan: 0.02 BTC/month
Master plan: 0.03 BTC/month
GovBotDotNet (OP)
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April 21, 2016, 08:41:26 PM
 #5

Soon available:

GovBot Master Plan 5x
Price: 0.075 BTC per month
Description:
- Moves 0.25 BTC at a time
- Tuned for more trades at a lower margin

GovBot Master Plan 5x v2
Price: 0.075 BTC per month
Description:
- Moves 0.25 BTC at a time
- Tuned for fewer trades at a greater margin

GovBot Whale Plan
Price: 0.25 BTC per month
Description:
- Moves 1 BTC at a time
- Tuned for balance

https://tradewave.net/marketplace/GovBotDotNet
GovBotDotNet (OP)
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May 03, 2016, 06:17:08 PM
 #6

All plans now available.  Edits made to first post in this thread.
GovBotDotNet (OP)
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May 05, 2016, 01:50:30 PM
Last edit: May 07, 2016, 03:22:23 AM by GovBotDotNet
 #7

https://tradewave-discourse-uploads.s3.amazonaws.com/24736975f30bb2a9cd7aea914bedbb0c71c4f0937f9b.png

Backtesting ^^ GovBot shows serious profit at minimal risk.

In the image above you can see that I've added statistics charting to the log output window that shows profit in terms of starting portfolio value.

Get started for as little as 0.01 BTC botfee and $14 Tradewave fee:

https://tradewave.net/marketplace/GovBotDotNet
MRKLYE
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May 05, 2016, 02:03:08 PM
 #8

An interesting project. Has any of the senior forum members vouched this yet?


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GovBotDotNet (OP)
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May 05, 2016, 02:10:54 PM
 #9

An interesting project. Has any of the senior forum members vouched this yet?

Nope, but I'm eager for scrutiny.

I've been running it for about a year and profiting.

I've been selling it for a little over a month, and all happy customers so far.  One customer reported to me that the bot payed for itself in 14 days, leaving the rest of the month for profit.  I didn't think that was quite good enough, so I re-tuned it to move a bit more coin.

You can see a little bit at the forum @ Tradewave (where the bot lives) that might answer skeptical (healthy) questions:

https://discuss.tradewave.net/t/govbot-dca-available-in-marketplace-new-lower-price-now-moves-more-coin

I dunno, what else?  I hate scammers and I don't look like the Sham-Wow guy.

Cheers!
GovBotDotNet (OP)
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May 07, 2016, 03:10:02 AM
 #10

http://tradewave-discourse-uploads.s3.amazonaws.com/24916cb400f4e6f158a67ae8c009d33c3cb2fb369a60.png

Backtest of GovBot Master 5x for 4 months through April 25:

Needed absolute minimum of $20,000 USD value equally balanced portfolio to avoid running out, profited your choice between ~ 2.1 BTC and ~ $555 USD.

Cost you $116 in Tradewave fees, 0.3 BTC bot fees.

Insulated you from loss of equity as a result of unforeseen price change.  Released you from worry about the future of BTC price - all the while knowing you would profit.
GovBotDotNet (OP)
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May 09, 2016, 12:42:31 PM
 #11

Q: Are you kidding me? I saw one of your backtests where risking $20k earns less than a McDonald's frycook. Why are you selling this piece of shit?

A: I understand. But this is not money earned through labor and commitment of time - this is money earned through risk. When you work a job, you trade costless hours for pure profit. When you risk money for a return on that risk, you are making a different sort of financial decision. It is apples to oranges in that respect.

GovBot is designed to minimize the risk, earn a modest return, and mitigate potential losses to portfolio value.

If, at the end of the month, you tally your bot price and tradewave fee and subtract it from the gain on portfolio value that GovBot has earned, and you find that it's not as much money as you hoped - you are not alone. You and every trader in history feel the same way at the end of every month.

But what GovBot gives you that other bots do not:
- A steady stream of return. There are no losses.
- Insulation from loss of portfolio value. If you just buy and hold, you can lose value if the price goes down. If you buy and run GovBot - you lose less value on the way down - and you automatically pick up more coin at a better price, without even looking at your computer. Then when the price goes up - GovBot will sell it for you profitably.
- Freedom from worry. You aren't losing value - you can't. It doesn't matter where the price goes.

You can go the other way - with strategies of higher risk that make it possible to lose money. And there may be greater reward.
But you may go a path like I did - and realize that chasing the big profit is not a life well lived - and too often a hope-filled delusion. And then I hope you consider GovBot. Designed for myself, shared with
you.
GovBotDotNet (OP)
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May 11, 2016, 06:40:43 PM
 #12

Unlike other bots, GovBot backtests significantly worse than it performs live.
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