Anyone use btcrobot.com?

[jimmut]

I asked them that very question and here is what they said:

Here are the differences in the different modes. Obviously, Aggressive will trade a little more often than Medium-Risk or Convservative:
Conservative: risk/reward = 0.1, profit potential = 2-5%/month
Medium: risk/reward = 0.25, profit potential = 5-10% /month
Aggressive: risk/reward = 0.4, profit potential = 7-100%/month

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[SimonBelmond]

I asked them that very question and here is what they said:

Here are the differences in the different modes. Obviously, Aggressive will trade a little more often than Medium-Risk or Convservative:
Conservative: risk/reward = 0.1, profit potential = 2-5%/month
Medium: risk/reward = 0.25, profit potential = 5-10% /month
Aggressive: risk/reward = 0.4, profit potential = 7-100%/month


Funny thing..I have been running my bot that runs on my own computer for days and it hasn't done a single trade. They assure me this is normal. I don't know..I got 60 days to get a refund so I will give it more time. I have mine set to aggressive so I would of thought it would of made a trade by now. I am funded with 6 bitcoins that just sit there..I noticed the Bitcoin robot is using some cpu cycles on my PC. So if its not trading what the heck is it constantly doing?

Maybe its calculating wether it should trade or not?

[eurobitcoin]

Funny thing..I have been running my bot that runs on my own computer for days and it hasn't done a single trade. They assure me this is normal. I don't know..I got 60 days to get a refund so I will give it more time. I have mine set to aggressive so I would of thought it would of made a trade by now

you can try Custom settings Rmin = -0.04  Rmax = 0.15  R step = 0.01 to have more trades, if that is the concern.
However if you have no trades it can also mean the robot is not properly connected to your BTc-e acc. Check if you enabled "Trade" and "Info" settings and if the robot sees your funds and displays them above the charts.
Unfortunately for Silver plan all the trading goes on your computer and we have no way to "see" your robot or check it remotely.

[eurobitcoin]

It's hard to assist you here. Please send a email to support2@btcrobot.com with your personal information and robot screenshot and quote again the situation, they will try to help you and check if everything is ok.
Yes, robot stores your API keys so they are not lost during the reinstallations.

[oceans2892]

lol mine started trading yesterday too, after putting it in Medium-risk because in aggressive i dont know why but it didnt work.

[eurobitcoin]

Yep guys, just give it thing time. No trades is better than losses after all, right?

I see our public acc aslo got a few trades here and there, reached $15937

[SimonBelmond]

Mine started trading as well. Sold some BTC for nearly 110 USD. let's see how this goes.

[oceans2892]

could you please post the Rmin, Rmax and Rstep of each mode (conservative, medium risk and aggressive)? because I think I`ve changed something in the medium risk mode and I don`t know how to put it back to its original value.

[RobbieMor]

Is anyone really in profit with BTC robot? I got an email which said "It`s so good its unbelievable.. the official bitcoin robot over at http://btcrobot.com/secret.php is making crazy gains its close to profit 6,000 now with a 10,000 usd account.. and all bitcoin robot members mirror the profits.."
I'm not in profit unless I count the increase in the price of bitcoin since I started. I deposited 10 bitcoins and my screen shows "Funds: 9.99 BTC, 1.02 USD, 1090.27 USD total." but "Weekly profit: $594.76, total profit: $594.76" just does not add up.  
It appears to me that this must me some sort of "New math" taught in Russia.

[RobbieMor]

BTW the suject of the email was "Bitcoin Robot Keeps winning! Every License Owner is In Profit!"

[SimonBelmond]

Is anyone really in profit with BTC robot? I got an email which said "It`s so good its unbelievable.. the official bitcoin robot over at http://btcrobot.com/secret.php is making crazy gains its close to profit 6,000 now with a 10,000 usd account.. and all bitcoin robot members mirror the profits.."
I'm not in profit unless I count the increase in the price of bitcoin since I started. I deposited 10 bitcoins and my screen shows "Funds: 9.99 BTC, 1.02 USD, 1090.27 USD total." but "Weekly profit: $594.76, total profit: $594.76" just does not add up. 
It appears to me that this must me some sort of "New math" taught in Russia.

Ya the profit displayed in the Robot doesn't take into account what you deposited yourself so its really incorrect. They told me they are thinking of addressing this on a future release. Lets hope so. But your profit number really doesn't make sense?? My profit number display my whole account value after I deposited 6 bitcoins which would make sense. My robot didn't trade till just recently after depositing the bitcoins on Aug 21. I have my robot set to aggressive.

So if you started with BTC only, like it seem most of us did, then it very easy to calculate real profit and also see if the strategy is better then just holding BTC.

Just calculate the following:

BTC on BTCe + (USD on BTCe/currentBTC price on BTCe)

This will show you if you are making profit BTC wise and if the Bot is trading better then just holding BTC. This will be the benchmark which I will apply. This I think would also be the correct kind of implementation to show profits. However, this might be difficult if someone started with mixed funds. They could still go back to point zero and calculate how much BTC the funds were worth back then and go on from that point.

edit: @BTCRobot team: one should be able to manually choose point zero in the GUI. And maybe also switch between USD and BTC profit view.

[eurobitcoin]

Bitcoin Robot Keeps winning! Every License Owner is In Profit!"

yes, it's true, it works. Some people are still in process of activating, funding accs etc, but those who trade at least a week, are in good profit.

Ya the profit displayed in the Robot doesn't take into account what you deposited yourself so its really incorrect.

I already replied that before. You need to use a fresh acc without extra manual trades or deposits. API does not let us know if your manual operations or extra deposits are profit or not. If you trade fresh acc with just 1 deposit (like 99% of clients) it calculates profit properly.

[BombaUcigasa]

3. Platinum Licence will cost you - $408 (not 498) = $90 OFF

500 bucks?

[BTC fan]

So far so good with my trading
Here is my image from 19th august till yesterday
http://imageshack.us/a/img29/6976/w5xb.png

Before 19th August Robot have made for me already some bucks (about 65usd)
http://imageshack.us/a/img825/5169/c4f.png

I am so happy and thiking seriously to increase my trading investment

[sukiho]

difficult to read those graphs but looks like you made the same as if you had bought and held

[eurobitcoin]

The goal of the robot is to grow the size of your portfolio (BTC+USD). The profit is the difference between current portfolio value and your value when you started.

The robot handles well both increase and decrease of the BTC price. It is not a buy and hold forever strategy.

[TheAndy500]

The goal of the robot is to grow the size of your portfolio (BTC+USD). The profit is the difference between current portfolio value and your value when you started.

The robot handles well both increase and decrease of the BTC price. It is not a buy and hold forever strategy.

I think the question is regarding the advertised profits.  If you include the rise in value of the btc as "profit" then that doesn't really tell the whole story of how well your trading robot works.  Is jimmut wrong in saying that the user would have been better off just holding?

[eurobitcoin]

The point of the profit is to make the user profit on autopilot by growing its portfolio, no matter if the bitcoin price rises or not.

[sukiho]

The point of the profit is to make the user profit on autopilot by growing its portfolio, no matter if the bitcoin price rises or not.

why pay to use your robot when buy and hold is just as profitable?

[TheAndy500]

Is jimmut wrong in saying that the user would have been better off just holding?

The point of the profit is to make the user profit on autopilot by growing its portfolio, no matter if the bitcoin price rises or not.

Doesn't really answer the question.