@Capitan0Trueno
A very good read! Thank you so much for sharing your initial experience with CAT. And no, you are not the latest newbie around here. I am currently considering to buy a C.A.T. and I am really glad to have an example 10 days ahead :-)
Do you want an advice? Buy it.
The value proposition from Sampey is amazing. From the money you pay you get:
- A lifetime licence for current and all future versions of CAT. CAT is an active project in permanent evolution. Every month, or less, a new version is released with new features and improvements.
- You can trade from an unlimited number of computers, open an unlimited number or instances in each computer and trade an unlimited number of markets in each instance. Only limitation is your hardware and the total number of API calls per minute your exchanges will allow to you.
- The possibility to choose from a total of 20 different APIs (more to come), many of which are for free and buying several usually comes with a discount.
- First class support from the developer.
- And most important, if you want to sell your license in a future, you are allowed to sell it to another user.
In case you are wondering, I get no comission from Sanpey, it is just my independent opinion.
Just to be honest, few questions:
1. What is a percentage of profit with CAT that you are used from the time you buy it? It seems to me that is negative because of loss during dump of coins.
In my opinion - the value of the bot it's a not how great it could harvest coins during pump and bull's time, but in the ability to save it during dump.
It's a major problem of all trading software and I don't see big difference with competitors here.
So, literally saying it's a pretty branded car which is looks good, but very hard to drive, because it have great engine and no breaks;)
2. What products for trading you are compared to? Because how good or bad product it's a just relative to some other products.
Saying that something great or not great without comparing it's a nothing.
Support from Sampey is great, okay, but other products with well-defined documentation even don't require such support
.
So, from the service point of view support it's great, but from product point of view it's a just covering of bad documentation:).
You asked support for same questions: logs, setting, preferences, losing money during trading, questions about algo, etc.
I asked about exactly same questions, every other user asked about exactly same questions. So, this question need to be covered in documentation, one time for all users. Not more.
But it's a Sampeys decision to change 'good documentation' to something called 'good support' that cover 'bad documentation'. Your view about this that it's a pretty good feature, but my view that it's a shiny wrap of a bad thing.
Will you be happy if your car breaks down everytime, but you still have a good 24/7 phone call support who could help you with on-field repair? I prefer car that just don't breaks down so often.
3. When you talk about all these pros of software, do you really think that CAT is really possible to maintain with the unlimited number of computers? Because I think it's a not truth, because as you said before - CAT requires a lot of attention for each market. So, to be honest, it's a only 'marketing view' that in theory you could setup any number of markets. It real world you will be limited to the number of your hands that could control CAT 24/7. So just don't need to tell unlimited, because it's practically not possible and don't have sense with current CAT.
I prefer not to declare what CAT is not really because from the Sampeys documentation or from your review for new users it looks like a 'money machine'.
In fact it absolutely does not. It requires a lot of time to learn, setup, maintain to have continuous profit and cover loss. And this note for some reason is hidden from the top view by showing nice wrapper about tons of features and great support. My strict opinion - Not fair to the customer.
