Maximizing Autotraded Alt Currencies

[bensam1231]

So I know some exchanges allow auto-sells when you send your mined currency to the exchange. Poloniex currently allows this and defunct Cryptsy used to allow this. That's fine and dandy, but taking that a step further I'm looking for a bot that would hold the currency until it starts to dump or reaches some predefined threshold and then dump it. Often times auto-traded currencies don't sell at opportune times and I can't monitor things 24/7.

Does anyone know of a service that does this? I would even pay for a service that automatically attempts to maximize the profits from your mined currency (but also doesn't buy currencies). Something like a daytrader.

I've seen a few bots that will do this with BTC, but that doesn't help when I'm mining all sorts of alt currencies.

[MadGamer]

You actually have two options right now. C.A.T which support more exchanges and exists for a longer period of time or Gunbot that only supports Poloniex, and that's what you are looking for, It's more advertised then C.A.T though but only came out a few months ago so taking a look at the feedback could help you more.

[andy75]

Actually you have more options

But you should take into account trading alts is much more risky then btc/usd.
Other Things you should know before jumping in :

a. ALL the bots running some sort of "strategy" , performance of the bot varies according to the "strategy" used.
b. you should always monitor your bot , mainly for network issues or restart of the OS.

after those warnings....

other options :

1. https://www.haasonline.com/
2. https://cryptotrader.org/

probably there are more out there

good luck

[bensam1231]

I'm not trading to buy alts, rather I mine altcoins and am looking for a bot or a trader that maximizes my sell prices (not buy more). Basically whenever the market starts to collapse it sells. Altcoins are much more fluid and tend to rise and fall on a regular basis. This is the difference between +20% income or -20% income.

It's actually sorta surprising if there isn't anything that does this yet as there are tons of miners and all could benefit from it.

A lot of bots are BTC only or only a handful of altcoins, so lots of exchanges and altcoins. I'm looking into CAT right now.

[PokerDiceMan]

I'm not trading to buy alts, rather I mine altcoins and am looking for a bot or a trader that maximizes my sell prices (not buy more). Basically whenever the market starts to collapse it sells. Altcoins are much more fluid and tend to rise and fall on a regular basis. This is the difference between +20% income or -20% income.

It's actually sorta surprising if there isn't anything that does this yet as there are tons of miners and all could benefit from it.

A lot of bots are BTC only or only a handful of altcoins, so lots of exchanges and altcoins. I'm looking into CAT right now.

if you want only sell from you have balance from mine
you not need BOT, you only selling pending order , or sell limit, is never bot is can prediction higher price(the best price) and then can get the best price youre selling altcoin

[bensam1231]

I'm not trading to buy alts, rather I mine altcoins and am looking for a bot or a trader that maximizes my sell prices (not buy more). Basically whenever the market starts to collapse it sells. Altcoins are much more fluid and tend to rise and fall on a regular basis. This is the difference between +20% income or -20% income.

It's actually sorta surprising if there isn't anything that does this yet as there are tons of miners and all could benefit from it.

A lot of bots are BTC only or only a handful of altcoins, so lots of exchanges and altcoins. I'm looking into CAT right now.

if you want only sell from you have balance from mine
you not need BOT, you only selling pending order , or sell limit, is never bot is can prediction higher price(the best price) and then can get the best price youre selling altcoin

Sure, I could make a sell order, that doesn't determine what the market is willing to pay though. Whole reason people use bots is to sell when the market itself decides to crash or has a uptick it needs to take advantage of that. A normal sell/buy order doesn't do this.