[ANN][XPM] CryptoBot Investment Fund [CLOSED] [DAY 14 UPDATE]

[MarpleTrading]

Day 2:
Also day 2 has been profitable as the bot made a return of 2.22%. Yesterday evening there were talks on mcxNOW on how to attack the bot. The chat was funny to read and although they outsmarted the bot in a way they couldn't do much harm as the bot is resilient enough to handle these kind of attacks. It merely costs some profitability. Nevertheless I added some more security to prevent exploiting.
As I was adding to the the bot anyway I started to implement other exchanges, but got stuck on signing the api calls using c#. I will look in to this further today, but if anybody has done this before I would be very pleased with some help.

[paulthetafy]

This is all great news Marp! What's the plan after the two weeks is up (assuming a positive result)? Are you going to repeat with larger amounts, take a cut, or sell the bot etc? Is it possible to expand the bot to other currencies and/or benchmark against BTC? On the latter, it occurred to me that accumulating XPM in a declining market (vs BTC) isn't necessarily a positive thing...

[MarpleTrading]

This is all great news Marp! What's the plan after the two weeks is up (assuming a positive result)? Are you going to repeat with larger amounts, take a cut, or sell the bot etc? Is it possible to expand the bot to other currencies and/or benchmark against BTC? On the latter, it occurred to me that accumulating XPM in a declining market (vs BTC) isn't necessarily a positive thing...

After the test period is over I will open up another round of investing more funds and see how it goes. Currently I am concentrating on expanding into other exchanges and I might add other coins, although there needs to be some liquidity in the market and also not to much. XPM is actually quite perfect.
When the market is turning it actually a great idea to have acquired XPM cheap.

[MarpleTrading]

Day 3:
On day the bot made a very tiny loss. I found the problem with the API I was developing so am finishing that.

[MarpleTrading]

Day 4:
Here are the results of day 4.

[MarpleTrading]

Day 5

[MarpleTrading]

Day 6

[digitalindustry]

i've got a robot for you , its called :


buy low sell high.

don't use your own money .

its worked for a lot of people.

[MarpleTrading]

Day 7

Today was a black day for the bot. It was nicely set-up with BTC to start buying with an eventual pump. The pump came but not the buying The exchange chose to do a reset and that caused my bot to crash. I thought I had solved that bug, but since it i snot an easy bug to test, I missed an exception catcher which caused the crash.
So now the bot has BTC which has to be valuated at a higher XPM price hence a big loss.

[monkeynutts]

Well that was unlucky, but keep on with it looks to be very promising.

[paulthetafy]

don't sweat it marp, that's what the test period is for and why we're only using a small investment!

[muto]

As long as you know what the problem was and you are able to correct it everything is fine. I´m sure the bot will get the loss back

[MarpleTrading]

Day 8
Bot is still not recovering from the surplus in BTC it has which is still pressing heavily on the results.
To put injury to insult I then made an mistake as instead of selling BTC at 0.0045 I typed 0.045 and
acquired the XPM at 0.0047. It is really a shame that this is happening just at the time that XPM is gaining ground.
Also overnight I stopped the bot because I am afraid that MCX is going to update when I am asleep and because of the
update the bot goes rogue when I am not around to babysit.

[Fernandez]

That was a bit unfortunate, but its fun none the less.

I hope you will keep on with this even if it makes a loss in the 14 day period.

[MarpleTrading]

Day 9

From today on I will share a little more information in my daily update. I have added columns to show the BTC value of the fund.
I figured that this is valuable information as when the fund value in XPM stays the same but XPM/BTC goes up it is not necessarily a bad thing, where as if the XPM fund value goes up but XPM/BTC goes down it is not necessarily good.

[murraypaul]

If the point of the fund is to trade and increase XPM, then the value it BTC is no more relevant that the value in LTC, Dollars or Euros.
Can't help thinking you have only added that line because it looks better than the actual results?

[MarpleTrading]

Cannot help thinking that you didn't look long enough at the figures and the graph murraypaul, because if you had you would have seen that the result in BTC is much worse than the result in XPM.

[MarpleTrading]

Day 10

Slowly gaining ground again.

[MarpleTrading]

Day 11

Changed the algo a little to prevent that the bot accumulates XPM in downturns and BTC in upturns. This means however that I need to trade bigger to reach profit targets. Furthermore it is still switched off overnight to prevent unwanted events in case mcxNOW updates without notice.

Finished the cryptsy bot and now running it in Alpha test, hope to deploy in the coming funding round.

[redphlegm]

Day 11

Changed the algo a little to prevent that the bot accumulates XPM in downturns and BTC in upturns. This means however that I need to trade bigger to reach profit targets.

I'm not sure what you mean by this. Isn't this the same as "buy low, sell high"? Why wouldn't you want to do that and what would you be doing instead?

Sorry if I'm being dense. I just don't really understand what you're saying here.