Pages:
Author

Topic: [ANN][XPM] CryptoBot Investment Fund [CLOSED] [DAY 14 UPDATE] - page 4. (Read 4841 times)

full member
Activity: 191
Merit: 100
I can send 10 xpm it's all I have right now.

Sorry pagan, 25XPM is really the minimum. Less would be too much management overhead. May be you can find somebody who give you the missing 15XPM and share with him?
legendary
Activity: 2632
Merit: 1040
I Think my bot is trading against your  Cheesy Cheesy
newbie
Activity: 26
Merit: 0
I can send 10 xpm it's all I have right now.
full member
Activity: 191
Merit: 100
Day 14

Well, the first test round has come to an end and fortunately the period was concluded with a profit of 2.78%.

This means that for every 25XPM invested 25.695 will be returned if you have not opted to roll the investment over in to the next period.

The announcement for the next period can be found here: https://bitcointalksearch.org/topic/m.3131216





Day 13

On the last but one day we almost made up for the losses and when we have another day then the last two we will end b/e.
This is of course a little bit disappointing but keeping in mind that it was a test I think there is enough reason to continue with the second round.
I will PM all investors later today when I am back home and ask what they want to do with their deposits. I will also make a new post for the second funding.





Day 12

The reason we had some only small profits the last couple of days had a few reasons:
  • Traded with small amounts to see how new algo performed
  • Due to the weekend there was not that much trading going on
  • Switched bot off during the night to avoid problems with update of exchange

No that I am trading full speed again you immediately see profits return to "normal". Let's hope it stays like this.





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.





Day 10

Slowly gaining ground again.





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.





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.






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 Sad 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.





Day 6





Day 5





Day 4:
Here are the results of day 4.





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.





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.







Day 1

Well the bot has been working now for almost 24hrs and generated a 1.67% return.
It encountered a few problems which resulted in downtime. First of all the exchange rebooted and the bot didn't restart when the exchange came back online. Will look in that over the weekend. Furthermore I needed to adjust some logic to deal with partial filled orders and introduced a bug by doing so which resulted in some additional down-time.

I semi-manually did an arbitration trade to acquire the necessary BTC so that the bot can trade both ways right way and didn't have to wait for itself to acquire enough BTC.



full member
Activity: 191
Merit: 100
Hi,

Currently I am operating a bot that works in the XPM/BTC market. It is working since 11 days and is netting approx 2% per day (XPM).

It is working with a very small amount and hasn't been tested with larger sums, so this is why I am posting here.

I am looking for investors that are willing to invest a minimum of 25XPM so that I am able to test the scalability of the bot.
The first round will be capped at 1000 XPM.

The test will last 14 days after which your money will be returned plus the profit (or god forbid minus the loss). Every day an update will be posted showing the trading results of the bot, like the one below.

When you are interested reply to this post and I will contact you for the details.



Why should you invest?
  • A 2% return a day is not bad at all.
  • When the fund opens up for more investors I will be charging a management fee. First round investors will never be charged.
  • The bot will - when large enough - create better market liquidity. You will need a lot more XPM to manipulate the market.


Why am I asking for investors?
  • To spread the risk. Although the bot is working now, it is not said that when more money is added it will continue to work.
  • To spread wealth a little. Let some people profit who would otherwise not be able to.

How do we know this isn't scam 1,000,001?
Standard answer is You can't. So when you are interested only spent a few coins and only coins that you can afford to lose.
You can always contact me via PM on this board and I am a pro trader on mcxNow.com and often to be found in their troll box.

What will happen after 14 days?
When the test period if over your coins will be refunded plus profit or minus the loss. I will then start a next round of testing for another 14 days with approx 5,000 XPM. When that test also succeeds I will open the bot to the general public. As investor in the first round you will never be charged management fees for CryptoBot. As an early investor you also have priority for consecutive rounds.

Can I have my money back before the 14 days are over?
No you cannot. Only when it turns out that the bot is not handling the increased volume well, I will abort the test and refund all investors.

Is it possible to lose my complete investment?
Yes it is possible, but the way the bot is programmed it is very unlikely. Nonetheless you should only invest money that you can afford to lose.

What algorithm are you using?
Unfortunately I cannot disclose that information, because by doing so I would render the bot useless.

I have a question which i cannot find an answer to in this FAQ.
Just pop me a PM, reply to this post, find me in the chat of mcxNOW.com. I will come back to you ASAP.
Pages:
Jump to: