Coinmatics – crypto copy trading and analytical platform

[dunfida]

Good service! But how do we know if the claimed "successful traders" are really successful? Would succesful traders really let plebs like us expose their secrets, and let us go along in their trades?

I would like to hear out on what op's response related to this.

I dont really easily believe about successful traders and who would be the heck would be used up by a platform just to be followed by a hoard of newbies into their
trades? I highly doubt that majority would really be keen or do like privacy on how they would effectively trade on their own and be profitable.Sharing it on public is
a nonsense thing to believe on.

[1714258585]

1714258585

[1714258585]

1714258585

[1714258585]

1714258585

[rijaljun]

Good service! But how do we know if the claimed "successful traders" are really successful? Would succesful traders really let plebs like us expose their secrets, and let us go along in their trades?

It is a copy-trading, none of traders give their secret. Also, I found a lot of experts giving a free signal for everyone yet sometimes ask their followers to be their referral, double profit isn't it? It's a normal things when talking about money.

Greed is always the reason behind of that.

[Wind_FURY]

Zero sum game theory says that everyone cannot win because if you win, it is because someone is losing money, total will be zero. So, how do you explain that you can make people earn money according to this theory?

Markets are not a zero-sum game.
They are minus sum game. One person wins, another loss and the broker is always netting a commission.

Coinmatics is very similar to eToro Social Trading.

The better traders you are copying, the more money you are making.
It's a well-explored conception from ZuluTrade, eToro, etc.
The general problem is that more or the traders are having a good month or two (mostly due luck), people start following them and in the end... free fall.

But are the "better traders" actually better?

It might also open the plebs to manipulation schemes. Trader A accumulates enough followers, he then exposes his strategy to Trader B, and how to get his followers' money.

[coinmatics]

Looks interesting. It's the same way Coindash (now Blox) announced their Crypto-centric copy trading platform and marketplace. I also know about eToro's copy trading platform as well.

We looked at Blox site and there is nothing related to copy trading yet. Yes, they have an interesting function cryptoportfolio, it is possible to connect a large number of exchanges, but we also have the opportunity. As for Etoro, this is a story for currencies, they do not have copytrading on cryptocurrencies (correct me if I am wrong).

At first impression, I like how you guys present yourself. Not as an ICO/IEO startup. Which makes me wonder where funds for sponsoring the development/improvement of the platform comes from not to mention salaries of team members/developers.

Thank. Yes, we do not raise funds for the product as many companies do. We have money for development, team and competitions. Also we are living people and ready for feedback. You can write to our telegram chats and ask a question.

I feel the market for copy trading isn't that huge anymore as people who were big fans of "following" other traders landed in losses. Let's hope the story is different with you guys. And try as much as possible to keep the rating system organic

Yes, it is a great difficulty to find a good stable trader. To do this, our service holds competitions.

Another question is how to maintain stable results over a long period of time? We have yet to find the answer to this question. The main thing is to enable traders to earn good money, so that they can improve their skills, engage with a prichologist. We will try to create interesting content on these topics.

And what do you think it takes for a trader to trade with profit a few years?

[coinmatics]

Here are the most frequent questions that we had been asked during the Blockchain Life 2019

Q: What is Coinmatcis? What do you do?

A: Coinmatics — is a copy trading platform for cryptocurrency trading, with the help of which any beginning trader can subscribe for repetition of deals and start earning along with successful traders, who can receive an additional income from these subscriptions. It’s also called social trading. We provide an open rating of crypto traders, where everyone can observe the efficiency of other traders, or add a portfolio.

Good service! But how do we know if the claimed "successful traders" are really successful? Would succesful traders really let plebs like us expose their secrets, and let us go along in their trades?

A couple of weeks ago, we added the function of displaying all traders deals. If you go to the Signals History section, you can see all trades. Data is coming in real time.

[ashmodeus]

Q: What do traders and subscribers exactly gain on? What is the interest of the platform?

A: The traders receive a commission fee for a profit of their subscribers; the company, as a mediator, receives 5 percent of the fee.

For example, you, as a trader, has decided the commission fee to be 10%. Repeating the deals after you, a subscriber earns $1000, gives you $100 out of it, and you, in turn, give us 5% of $100, which is $5.

All the parties enjoy the profit: the trader gets an extra profit apart from trading, the subscriber gets a chance to earn without spending time studying trades, and we get paid for providing a tech platform.

what this mean ?
did this like refferal system or what ? why i must pay to get money for my refferal ?
or i missunderstanding it ?
--

basicaly this is just trade bot right ? and with many many features inside. but well,good luck to your program.
btw. ur vision seems bullshit to me : "Our goal is to make crypto trading even more accessible and profitable. Join us!"
a bit uncreative 

[coinmatics]

what this mean ?
did this like refferal system or what ? why i must pay to get money for my refferal ?
or i missunderstanding it ?
--

basicaly this is just trade bot right ? and with many many features inside. but well,good luck to your program.
btw. ur vision seems bullshit to me : "Our goal is to make crypto trading even more accessible and profitable. Join us!"
a bit uncreative 

This means that the trader chooses a commission for information on his deals and for autotrading (the subscriber will have to choose what is more convenient for him: signals in telegram or automatic trading). And already from the amount that trader receives, we take our commission of 5 percent. Now it is clear?

By the way, we have no access to your personal account. We are just mediators. Nothing personal, it's just business.

The referral program will be a little later.

And about the creatives. It may be to arrange a contest for the best tagline for our service. What do you think?

[coinmatics]

Signal Providers is the main section of our website.
⠀
There is a rating of traders based on the profitability of their operations. The best of the traders gain subscribers, who provide them with additional profits by following their strategies.
⠀
How do the statistics form?
⠀
Once a trader adds a portfolio, the stats collection is conducted via an API-key’s data received from an exchange. Traders with the best results hold top positions of the rating.
⠀
All trading information is open and available for checking (signal history, trading pairs, asset allocation tabs).
⠀
How do you turn it into money?
⠀
We provide an opportunity to subscribe for a strategy of a trader from our rating.
⠀
The service is implemented in two options: manual and automatic.
If traders sign up for manual copy trading, they receive Telegram notifications for a fixed price per month defined by any copied trader individually. If automatic copy trading is chosen, the deals are copied automatically via an API.
⠀
Once a trader signs up for auto-trading, the purses of copying and copied traders are automatically synchronized, currency pairs are leveled.
⠀
The deals are copied proportionally, and the trading volumes of subscribers can exceed one of a copied trader.
⠀
Thus, the profits made on subscriptions can exceed one made off trading itself.

[acdc]

I do not believe in such advertisements.
If you have good trading information as advertised, why don't you use it?
Besides, the market was different every time, repeating trading orders sounded like a joke.

[coinmatics]

information is provided by traders, and our service is a guarantee of honesty and objectivity, and also makes it possible to repeat successful deals.

[coinmatics]

Today we decided to talk about the five most popular and frequently used indicators for crypto traders.

We hope that this material will be useful and that you can immediately practice the acquired knowledge in your trade.

📈 Read article

https://medium.com/@coinmatics/the-most-popular-cryptotrading-indicators-3fe72800e9ec

[Arkann]

information is provided by traders, and our service is a guarantee of honesty and objectivity, and also makes it possible to repeat successful deals.

I apologize, but how can you guarantee the veracity of the information provided?  Do you understand that similar resources can be aimed at manipulating the actions of traders?  I do not want to say anything bad, but I believe that only positive feedback from real traders who have received good results thanks to your information will act in your favor.

[jazmuzika217]

How can you say various sources if you only gathered data from traders and other site? So it is only a comfilation of different sources because all we know no one can predict the price right? And how you sure that your sources gives a realiable information? I am not against on this kind of project but I think they need more marketing strategies to make their feature more possible.

[coinmatics]

information is provided by traders, and our service is a guarantee of honesty and objectivity, and also makes it possible to repeat successful deals.

I apologize, but how can you guarantee the veracity of the information provided?  Do you understand that similar resources can be aimed at manipulating the actions of traders?  I do not want to say anything bad, but I believe that only positive feedback from real traders who have received good results thanks to your information will act in your favor.

For this, we made open all transactions of each trader. You can see them in Signals History.
Results are a matter of time. Now our priority is finding profitable traders and adding new features.

[coinmatics]

How can you say various sources if you only gathered data from traders and other site? So it is only a comfilation of different sources because all we know no one can predict the price right? And how you sure that your sources gives a realiable information? I am not against on this kind of project but I think they need more marketing strategies to make their feature more possible.

We are sure, because these sources come from the exchange through API keys. If the trader made a deal, then all other users will see it and will be able to copy.
Or they will receive a message in the telegram channel if they subscribed to this trader. You can try how it works.

[coinmatics]

New material in our blog on Medium.

Today we discuss about evolution of money from barter to crypto.

The history of mankind remembers several stages of the development of money.

Read articte: https://medium.com/@coinmatics/primal-crypto-freedom-how-not-to-miss-out-807081ae4dc

[coinmatics]

Let's not forget about the risks. We are engaged in a rather risky business, where one or several errors can lead to losses.

Today we want to recommend reading our article about simple risk management risk rules for cryptocurrency traders.

It was published in the Cryptocurrencyhub magazine on Medium.


Read: https://cryptocurrencyhub.io/simple-rules-of-risk-management-for-cryptocurrency-traders-48c47b432dc

[coinmatics]

New article on our blog.

Let's talk about altcoins with small volumes. Is it worth it to trade and how unpleasant can the consequences be?

Read now: https://medium.com/@coinmatics/why-shouldnt-you-trade-low-volume-altcoins-29ea76579dd7

[coinmatics]

This year, the blockchain industry — and cryptocurrencies in particular — has been experiencing rapid development.

It is becoming more and more integrated into different aspects of our life these days.

The development of cryptocurrency is gradually causing the processes leading to the emergence of the global cryptoeconomy.

Today we want to share a new article:

https://medium.com/@coinmatics/the-future-of-crypto-balance-of-power-by-the-beginning-of-a-new-decade-4ce01be62b8f

[coinmatics]

Coinmatics as an instrument of cryptocurrency audit and scam-connected risks protection

Read article: https://medium.com/@coinmatics/coinmatics-as-an-instrument-of-cryptocurrency-audit-and-scam-connected-risks-protection-2b3d2e46cbbf