Okay, so the idea is that on the way down you can catch bounces in the markets. But I fail to see how you could come out winning if overall the alt coin markets have crashed by 60%???
I mean even if you manage to catch a few "dead Cat bouces", surely the value of your portfolio will still be way down. I am talking value in terms of dollars here.
Well if marked dramatically crash, there's nothing you can do.
This is an universal market rule, even if you have an AI (Artificial Intelligence) Bot
C.A.T. doesn't make miracles of course
- Sell All If Price Goes Under (Works only for Sell Orders) : With this option activated C.A.T. will sell your order if the market price is too low. The sell price will be the best buy price currently available.
- Sell All If % With Ref Price Is : (Works only for Sell+Pong Orders) : Each PONG order has a Reference Price (the Sell/Buy price of the Original Pong Order) C.A.T., during the algo process, calculates the % difference between the reference price and the current best Buy/Sell Orders. With this option activated you C.A.T. will decide to sell a Pong Order if the % calculated is too negative. A suggestion is to use value lower than -10%
- Stop Ping Creation If Sell Value Is > : You can decide to Stop the Ping Order Creation if the Current Best Sell Value is too high. C.A.T. will restart Ping Order Creation if the Best Sell value returns to lower than your specified parameter.
- Stop Ping Creation If Buy Value Is < : You can decide to Stop the Ping Order Creation if the Current Best Buy Value if too low. C.A.T. will restart Ping Order Creation when the Best Buy value returns to higher than your specified parameter.
And you can also set
- Never Sell/Buy Under/Never Sell/Buy Over : With this option activated you will limit the creaton of Buy/Sell orders with the price too low or too high.
Every Parameter is Over a Single Market, so you can set different parameters on any market you'll choose to trade on.
What has your experience over the last few months been?
In the USD/BTC of course, all people who hold have a loss.
But on other markets there's always some market with a rise and there's always the possibility to gain something.