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Author Topic: BmyBit Automated Trading across multiple exchanges  (Read 3391 times)
DracoMal87
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October 31, 2017, 12:04:45 PM
 #41

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
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DKREBEL86 (OP)
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October 31, 2017, 12:22:30 PM
 #42

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously Smiley
BitBull13
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October 31, 2017, 12:51:38 PM
 #43

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
DKREBEL86 (OP)
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October 31, 2017, 12:57:12 PM
 #44

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  Cry

Please let me know if I can help with other info! Have a profitable day!
DracoMal87
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October 31, 2017, 01:38:21 PM
 #45

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously Smiley


That's good! But  why with the risk parameter I can't go lower than 25%?
DKREBEL86 (OP)
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October 31, 2017, 01:50:30 PM
 #46

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously Smiley


That's good! But  why with the risk parameter I can't go lower than 25%?
Due to the high volatility in price of the digital assets, and because we want to be totally fair and transparent with our users, we can't you trade with a lower % of risk. There is always a big chance that the price of the assets can drop and rise so quickly that less than 25% of risk means just losses.

I hope that this makes sense to you.
Dannybit
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October 31, 2017, 02:14:31 PM
 #47

Hey DKREBEL86

Its working like a Treat Smiley

One thing i noticed on the site, when you open new trades it auto puts your score back down to 0.00,
Also will a leader board of total average profit earned be added? it creates a good community to talk and a bit of rivalry between friends is good fun!

I'm considering getting the full package soon also, what beta's are available to test?

BitBull13
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October 31, 2017, 02:31:48 PM
 #48

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  Cry

Please let me know if I can help with other info! Have a profitable day!




Thanks!
But what if a currency collapses?
DKREBEL86 (OP)
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October 31, 2017, 02:41:53 PM
 #49

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  Cry

Please let me know if I can help with other info! Have a profitable day!



Thanks!
But what if a currency collapses?


Well, you will inevitable score a -100%  Cry It happened to me when I invested in Jewel Token (JWL). Unfortunately, sometimes it happens (that's the hard life of crypto investors).

Unless you want to hold (or hodl  Tongue ) you position with a major currency like LTC, please pay attention to the team around the token your are buying!
kicauklaten
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October 31, 2017, 03:06:05 PM
 #50

It's a great project, with it we could done any trading with ease and very minimum losses chance since the system already been developed for that kind of possibility.

DKREBEL86 (OP)
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October 31, 2017, 03:09:37 PM
 #51

It's a great project, with it we could done any trading with ease and very minimum losses chance since the system already been developed for that kind of possibility.
Hello,

we currently have a success rate of 96.47% based on more than 5k strategies started by users. The losses are always part of the game, but our aim is to hedge the risk as much as possible!

Thanks for your feedback, I wish you a profitable day! BTCBTCBTC
DracoMal87
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October 31, 2017, 03:33:14 PM
 #52

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously Smiley


That's good! But  why with the risk parameter I can't go lower than 25%?
Due to the high volatility in price of the digital assets, and because we want to be totally fair and transparent with our users, we can't you trade with a lower % of risk. There is always a big chance that the price of the assets can drop and rise so quickly that less than 25% of risk means just losses.

I hope that this makes sense to you.

Yes thanks. And why the minimum profits is different per each currency?
DKREBEL86 (OP)
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October 31, 2017, 03:39:12 PM
 #53

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously Smiley


That's good! But  why with the risk parameter I can't go lower than 25%?
Due to the high volatility in price of the digital assets, and because we want to be totally fair and transparent with our users, we can't you trade with a lower % of risk. There is always a big chance that the price of the assets can drop and rise so quickly that less than 25% of risk means just losses.

I hope that this makes sense to you.

Yes thanks. And why the minimum profits is different per each currency?
Ok, the minimum profits expected by each trade depends by the exchange. Each exchange got its own fees on transactions and we need to cover these for scoring profits for you. You can increase this value if you expect a bigger increase in price of the asset, but pay attention because the higher this index, the slower will perform the strategy, but also the lower the chances to loose a higher pick!
BitBull13
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October 31, 2017, 04:21:53 PM
 #54

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  Cry

Please let me know if I can help with other info! Have a profitable day!



Thanks!
But what if a currency collapses?


Well, you will inevitable score a -100%  Cry It happened to me when I invested in Jewel Token (JWL). Unfortunately, sometimes it happens (that's the hard life of crypto investors).

Unless you want to hold (or hodl  Tongue ) you position with a major currency like LTC, please pay attention to the team around the token your are buying!


Thanks for your reply. And what if in my strategy, I sell but the currency keeps going up? Shall I close the strategy and start it again?
DKREBEL86 (OP)
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yanda.io


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October 31, 2017, 04:37:11 PM
 #55

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  Cry

Please let me know if I can help with other info! Have a profitable day!



Thanks!
But what if a currency collapses?


Well, you will inevitable score a -100%  Cry It happened to me when I invested in Jewel Token (JWL). Unfortunately, sometimes it happens (that's the hard life of crypto investors).

Unless you want to hold (or hodl  Tongue ) you position with a major currency like LTC, please pay attention to the team around the token your are buying!


Thanks for your reply. And what if in my strategy, I sell but the currency keeps going up? Shall I close the strategy and start it again?
Unless you believe that the price will drop again, in this case you should terminate and restart the strategy.
DracoMal87
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October 31, 2017, 04:54:17 PM
 #56

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously Smiley


That's good! But  why with the risk parameter I can't go lower than 25%?
Due to the high volatility in price of the digital assets, and because we want to be totally fair and transparent with our users, we can't you trade with a lower % of risk. There is always a big chance that the price of the assets can drop and rise so quickly that less than 25% of risk means just losses.

I hope that this makes sense to you.

Yes thanks. And why the minimum profits is different per each currency?
Ok, the minimum profits expected by each trade depends by the exchange. Each exchange got its own fees on transactions and we need to cover these for scoring profits for you. You can increase this value if you expect a bigger increase in price of the asset, but pay attention because the higher this index, the slower will perform the strategy, but also the lower the chances to loose a higher pick!

Thank you so much for your reply!
So how much is 1 strategy?
DKREBEL86 (OP)
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October 31, 2017, 05:03:01 PM
 #57

Hello, do I have to be connected with a minimum number of exchanges to start trading or one is enough?  Huh

Hello,

1 exchange is the minimum for the static and dynamic strategies. If you want to use the Arbitrage you need to have at least 2 exchanges connected. My suggestion to you is to start with the static strategy which is the easiest-to-use and then decide whether to use the other algorithms or not.

In any cases, Arbitrage is still in beta test and dynamic strategy will be released on December.


Thank you! Also how many strategies can I start at the same time?
Depending by the package you'll decide to purchase, you can run from 10 to 20 strategies at the same time. If that's not enough, you will be able to increase the number of strategies to run simultaneously Smiley


That's good! But  why with the risk parameter I can't go lower than 25%?
Due to the high volatility in price of the digital assets, and because we want to be totally fair and transparent with our users, we can't you trade with a lower % of risk. There is always a big chance that the price of the assets can drop and rise so quickly that less than 25% of risk means just losses.

I hope that this makes sense to you.

Yes thanks. And why the minimum profits is different per each currency?
Ok, the minimum profits expected by each trade depends by the exchange. Each exchange got its own fees on transactions and we need to cover these for scoring profits for you. You can increase this value if you expect a bigger increase in price of the asset, but pay attention because the higher this index, the slower will perform the strategy, but also the lower the chances to loose a higher pick!

Thank you so much for your reply!
So how much is 1 strategy?
Hello, you can find our prices on our SHOP page Smiley
BitBull13
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October 31, 2017, 05:52:16 PM
 #58

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  Cry

Please let me know if I can help with other info! Have a profitable day!



Thanks!
But what if a currency collapses?


Well, you will inevitable score a -100%  Cry It happened to me when I invested in Jewel Token (JWL). Unfortunately, sometimes it happens (that's the hard life of crypto investors).

Unless you want to hold (or hodl  Tongue ) you position with a major currency like LTC, please pay attention to the team around the token your are buying!


Thanks for your reply. And what if in my strategy, I sell but the currency keeps going up? Shall I close the strategy and start it again?
Unless you believe that the price will drop again, in this case you should terminate and restart the strategy.


That's all clear thanks! But can I pay strategies in euro?
DKREBEL86 (OP)
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October 31, 2017, 05:56:39 PM
 #59

Hello, there are more advantages or disadvantages if I set a low lock-in profits level?  Cry
Hello,

it always depends on your willingness to risk your invested capital. The higher the % of the lock-in, the higher the risk of being victim of the volatility in price of the asset... but our users experienced profits for over 200%, therefore this is just up to you BTC

If you have any other doubts, feel free to ask. I wish you a profitable day!


Thank you for your reply. And how to choose a good currency? Any good advice?
Although choosing a "good" asset is not only a numerical matter (I invite you to check the Team and the purpose behind the projects), we offer several indices like the standard deviation related to the price of the pair. We also provide 6 different forecast analysis that might help you choosing your good investment.

My only advice is to think twice when investing in assets with a very low volume. Sometimes those assets crash.  Cry

Please let me know if I can help with other info! Have a profitable day!



Thanks!
But what if a currency collapses?


Well, you will inevitable score a -100%  Cry It happened to me when I invested in Jewel Token (JWL). Unfortunately, sometimes it happens (that's the hard life of crypto investors).

Unless you want to hold (or hodl  Tongue ) you position with a major currency like LTC, please pay attention to the team around the token your are buying!


Thanks for your reply. And what if in my strategy, I sell but the currency keeps going up? Shall I close the strategy and start it again?
Unless you believe that the price will drop again, in this case you should terminate and restart the strategy.


That's all clear thanks! But can I pay strategies in euro?
Yes, you can pay with PayPal Smiley
Zontop
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October 31, 2017, 06:03:41 PM
 #60

I don't have good trading skills and always seek ways to learn these strategies and charts. I found your three strategies models very interesting and read in explanation generally. It arose trading interest in me again so will be reading more and if some question appeared in my mind surely will be asking here as you are replying everyone in best way.
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