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Topic: [ANN][XPM] CryptoBot Investment Fund - Second Investment Round - page 4. (Read 6968 times)

legendary
Activity: 1008
Merit: 1000
How are you doing? Have you trade, or are you still in BTC?

I hope you have been trading, otherwise XPM wise there will be a huge loss.
full member
Activity: 191
Merit: 100
Hi folks,

I am currently busy adding some new logic to the bot, but as always things move slower than expected. So I need a couple of days more before I feel confident that the bot will work.

Will keep you posted.

Cheers,
Marple
full member
Activity: 191
Merit: 100
It was surprising how it went down in the last few days. I thought volatility will help the bot.

It has been fun following this bot.

Volatility does help the bot. The down curve on XPM the last two days was because I stopped trading XPM and divested. I shouldn't have, but was disappointed in XPM. I know that these sentiments normally arise at the bottom and therefor the decision to divest was wrong. But with hindsight decisions are always better to make Smiley.
legendary
Activity: 1008
Merit: 1000
It was surprising how it went down in the last few days. I thought volatility will help the bot.

It has been fun following this bot.
full member
Activity: 191
Merit: 100
End of second trial period

Lessons learned:

  • The strategy works as that it makes a profit in the alt coin traded
  • The strategy doesn't work great in declining markets, when compared to BTC
  • Although the banter with the investors is a great thing, you should not get influence by them

Going forward:

Currently the bot is stopped and all the funds assets are in BTC. I am testing some new strategies for a different bot, but not using the fund for this.
Updates on this testing will be posted on this forum, but probably not on a daily basis. In the mean time I am trading my own funds manually.

If you want your investment back please let me know. As all funds are in BTC I would prefer to pay back in BTC to avoid exchange fees and price movements. I can pay back using a BTC address or user 2 user transfer on mcxNOW.

You can also leave your investment in the fund and I will start trading them manually together with my private coins.

When I don't hear from an investor the funds will be parked in BTC and left alone.

Currently one share is worth: 0.06069393 BTC

full member
Activity: 191
Merit: 100
Day 14

Share price XPM: 26.951124 -7.24%
Overall profit (XPM): +7.8%

Share price BTC: 0.0606939 1.7%
Overall profit (BTC): -16.28%


full member
Activity: 191
Merit: 100
Day 13

Share price XPM: 29.05465 -4.00%
Overall profit (XPM): +16.22%

Share price BTC: 0.00596785 -0.31%
Overall profit (BTC): -17.68%


full member
Activity: 191
Merit: 100
Day 12

Share price XPM: 30.266026 -4.89%
Overall profit (XPM): +21.06%

Share price BTC: 0.0598662 -0.04%
Overall profit (BTC): -17.43%


full member
Activity: 191
Merit: 100
Day 11

That was quite a blow tonight (GMT) in the price of XPM. Since the start of the second round of the bot XPM/BTC lost 35.10% of its value. The shares when measured in BTC only lost 17.39% of their value. Looking from it that way one could argue that the bot is doing a good job. On the other hand just having dumped XPM and not trade it at all would have been the best thing to do.

I am now almost completely out of XPM, so expect a drop in share price (XPM) when XPM would magically recover.

Price per share XPM: 31.821809 XPM + 19.26%
Overall profit (XPM): +27.29%

Price per share BTC: 0.0598886 -6.87%
Overall profit (BTC): -17.39%



full member
Activity: 191
Merit: 100
Day 10

A friend from Spain came over and we decided to go to the seaside to enjoy the lovely weather. Because everything was arranged short notice I didn't have the time to update this thread. Sorry for that.

We didn't have much trading over the weekend and XPM just took another hit. This resulted in the share price expressed in BTC to go down almost 3% over the weekend and I started to divest in XPM. I had hopes that XPM could manifest itself next to BTC and LTC, but it seems that it cannot. It is yet another mine and dump and I can't see it recover in the short term. Also the volume on BTC-e has dropped significantly which also makes it harder to trade. So I now mainly focus on trading LTC/XPM


Share price XPM: 26.682756 +0.88%
Overall profit (XPM): 6.73%

Share price BTC: 0.0643054 -1%
Overall profit (BTC): -11.3%

full member
Activity: 191
Merit: 100
Everything is fine, just wanted to see if you guys check the page Smiley

Update will be there in a sec.
sr. member
Activity: 457
Merit: 250
I´m wondering about that, too.

Quote
Last Active:   Today

So, what's up?
full member
Activity: 244
Merit: 101
what happen to 9-10.  everything alright?
full member
Activity: 191
Merit: 100
Day 8

Share price XPM: 26.062389 +0.23%
Overall profit (XPM): 4.25%

Share price BTC: 0.0664852 +0.2%
Overall profit (BTC): -8.3%

hero member
Activity: 820
Merit: 1000
Hey marp, this is great news for the fund!!  Do you need/want any more coins or are you closing now until this round is over?
full member
Activity: 191
Merit: 100
Day 7

It seems that the alterations made in the fund are making it to grow in BTC value as well. To accomplish this I have lowered the size of each trade, trade a fix number of alt coin rather than a fixed number of BTC and I diversified into LTC as discussed earlier in this thread. Also the current stability in XPM hovering between 0.0025 ~ 0.0026 has helped of course.

Price per share XPM: 26.002255 +1.91%
Overall profit (XPM) 4.01%

Price per share BTC: 0.0663497 +1.82%
Overall profit (BTC): -8.48%




full member
Activity: 191
Merit: 100
Day 1
They found a way to exploit the bot. Fortunately the bot noticed and shutdown and there was only a small loss.

"They"  Huh

I don't know who did it, but the leak is plumbed. Smiley

I think you mean plugged. Plumbed would suggest flow is diverted elsewhere.
Yes prolly Smiley So a plumber doesn't plumb leaks? Tongue
sr. member
Activity: 246
Merit: 250
My spoon is too big!
Day 1
They found a way to exploit the bot. Fortunately the bot noticed and shutdown and there was only a small loss.

"They"  Huh

I don't know who did it, but the leak is plumbed. Smiley

I think you mean plugged. Plumbed would suggest flow is diverted elsewhere.
full member
Activity: 191
Merit: 100
Day 1
They found a way to exploit the bot. Fortunately the bot noticed and shutdown and there was only a small loss.

"They"  Huh

I don't know who did it, but the leak is plumbed. Smiley
hero member
Activity: 518
Merit: 502
Day 1
They found a way to exploit the bot. Fortunately the bot noticed and shutdown and there was only a small loss.

"They"  Huh
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