It was lot of rethinking and innovative approach to solve bot creation problem in Crypto space. Hypothesis: It is not following any patterns due to unpredictable intersinc value, small market size, and news driven ecosystem. All concepts of -90% or +200% in Crypto was displayed in last six month.
We have done significant changes in bitPredict.io 2.0 Trading Bot to balance Capital Allocation and Law of buying more to avg Base Price to reducing position in case of significant losses and restart buying process after huge downside to balance equation. It is complete new process to design Bot and De-risking system.
Bot Development based on Stop Loss and Equity market cant take consideration of -40 or -50% in 12 Hours. Booking Losses and trend following pattern algorithms can’t return more than 5% with Margin Trading. We have written system which is generating 15% monthly returns due to redesign system for Long as well as Short Trading.
- Half Capital in USDT and Half Capital in BTC. It is hedging strategy.
- Allocation of Capital per Position. Fund Priority to each Position
- Stop Buying after certain Level of Loss
- Start Selling in Stop Loss and adjusting Base Price (Bitfinex Margin order system)
- Start Buying again when Bulls or Bears have reached peak point.
Performance of New Algorithm link
Current status of Positions and their Behavior can be checked by link
Algorithm development and testing in new environment is long term process in Crypto space. We overestimate in short term and underestimate in long term. In Crypto space development of Technology and trading architecture is evolving space.
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