@molecular :
I took the time to go out of newbie status just to answer you
I feel honored! Thank you.
This is actually quite funny, because i "invented" the same trading algorithm as you this summer (with the basis principal of BTC_value = $)
I tought that it was a very good idea, and wanted to toy with this on real market as well (using 2 stocks that would have good variance and low risk of ruin)
I wonder if variants of this are used by "real" trading compagnies.
I'm pretty sure this is at least a "known" strategy, since it's naive and trivial. Maybe it's too naive and trivial to even be called a "strategy", I don't know.
In my opinion the risk of ruin (i mean the risk of the value going near 0) for both asset HAS to be low, because this strategy is basically a variant of buying when something goes down.
The risk of "ruin" should be negligible (unless you make some mistake and your bot gets eaten by fees). You either end up with loads of bitcoin (in case BTC/USD goes down to near zero) or you end up with loads of fiat in case BTC/USD skyrockets. Some might argue: but that's "ruin", because you're left holding something pretty worthless. However these extreme cases are unlikely.
I think maybe this is something one can have running when one doesn't know what to do, sort of as a housekeeping strategy.
I havent used it however yet because I bough quite some coin > 10$ and I dont really like to change half of them into $ with a loss, but thats definitely something I would like to try.
In this case you could also just add $. But of course you should only do that if you want to invest them and can affort to loose them. (or make another account and try with a little bit of money, or yet: just simulate)
Thanks again for your answer, it's nice to see another newbie freed
