Looks like this is an official thread of Shrimpy. I decided to update it with my unbiased review of the Shrimpy trading bot.
It might be interesting for those, who decide to use this service.
Topic: Introducing Shrimpy - The easiest way to diversify your portfolio (Read 497 times)
December 16, 2019, 04:12:42 PM
August 20, 2018, 01:26:11 PM
during the rebalance, does the bot buys the spot price or sets a buy order to level the maximum buy price available?
can devs answer this please? how does the buy/sell mechanism operate? thank you.
Thank you for the question. Any trade above the minimum trade threshold for limit orders is placed using limit orders. This means we use the bid / ask price. On Binance, if you enable "Use market orders for small trades", then market orders will be placed for trades smaller than the minimum trade threshold for limit orders.
Please let me know if you have any other questions!
August 18, 2018, 04:24:32 AM
during the rebalance, does the bot buys the spot price or sets a buy order to level the maximum buy price available?
can devs answer this please? how does the buy/sell mechanism operate? thank you.
July 30, 2018, 03:23:23 PM
Hi Everyone,
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
you haven't even a working website.
Hi KingScorpio,
Our website is definitely working. We haven't had any reports of issues with the website for a few months now. Please let me know if you are still having issues.
Thanks,
Shrimpy Team
Same issues on here i do have fast internet connection and i do try to access using chrome but i got this:
Oh, I apologize for the confusion. Crabby is an application we closed some time ago.
http://shrimpy.io/ was the application I was referring to. It is now a web application.
July 30, 2018, 01:20:17 PM
Hi Everyone,
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
you haven't even a working website.
Hi KingScorpio,
Our website is definitely working. We haven't had any reports of issues with the website for a few months now. Please let me know if you are still having issues.
Thanks,
Shrimpy Team
Same issues on here i do have fast internet connection and i do try to access using chrome but i got this:
July 30, 2018, 12:27:14 PM
Tomorrow is the last day to submit a video! So don't lose your chance to win a feast of live crabs or $200 in your favorite cryptocurrency!
https://hackernoon.com/crabs-or-crypto-contest-a-legendary-shrimpy-showdown-e5a5e11f15c9
https://hackernoon.com/crabs-or-crypto-contest-a-legendary-shrimpy-showdown-e5a5e11f15c9
July 26, 2018, 01:10:09 PM
I am familiar with this concept, but the re-balancing is still confusing. 
Do you offer several different portfolios, where you have preconfigured portfolios that are managed by your team or are all the portfolios customized by the investor/user?
Let's say you always want to be invested in the top 5 best performing Alt coins, will there be a portfolio that would manage that for you?
How can the investor be 100% guaranteed that his portfolio is backed by actual coins and that it is not just a ledger entry on your software?
Do you offer several different portfolios, where you have preconfigured portfolios that are managed by your team or are all the portfolios customized by the investor/user?
Let's say you always want to be invested in the top 5 best performing Alt coins, will there be a portfolio that would manage that for you?
How can the investor be 100% guaranteed that his portfolio is backed by actual coins and that it is not just a ledger entry on your software?
Thank you for the questions!
You can read more about rebalancing here: https://hackernoon.com/portfolio-rebalancing-for-cryptocurrency-7a129a968ff4
Right now almost everyone creates custom portfolios. In the future, we will be adding ways you can allocate "top 5" style portfolios which will update automatically.
Shrimpy does not hold any of your assets. You simply deposit your assets to an exchange, such as Binance, and then plug in your API keys. We never have access to your funds, so all we can do is trade.
Please let me know if you have any other questions!
Shrimpy Team
July 26, 2018, 02:24:02 AM
I am familiar with this concept, but the re-balancing is still confusing.
Do you offer several different portfolios, where you have preconfigured portfolios that are managed by your team or are all the portfolios customized by the investor/user?
Let's say you always want to be invested in the top 5 best performing Alt coins, will there be a portfolio that would manage that for you?
How can the investor be 100% guaranteed that his portfolio is backed by actual coins and that it is not just a ledger entry on your software?
Do you offer several different portfolios, where you have preconfigured portfolios that are managed by your team or are all the portfolios customized by the investor/user?
Let's say you always want to be invested in the top 5 best performing Alt coins, will there be a portfolio that would manage that for you?
How can the investor be 100% guaranteed that his portfolio is backed by actual coins and that it is not just a ledger entry on your software?
July 25, 2018, 04:38:38 PM
Hi Everyone,
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
you haven't even a working website.
Hi KingScorpio,
Our website is definitely working. We haven't had any reports of issues with the website for a few months now. Please let me know if you are still having issues.
Thanks,
Shrimpy Team
July 11, 2018, 02:32:20 PM
Hi Everyone,
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
Our team is back with another application we would like to share with you. We got some great feedback from the release of the free Crabby trading bot. If you haven't gotten a chance to check it out, you can find it at http://crabby.io/.
One of the most important things we noticed when developing the trading bot application was the high barrier to entry. Many users thought it was confusing at times and too much work to maintain their strategies. We came to understand that many users want something that is both easy to use and understand. This lead to the development of Shrimpy which is essentially an abbreviated version of Crabby with only one strategy. This is the auto rebalancing strategy. Simply select which coins you would like to have in your portfolio, indicate what percentage of each coin you want to maintain, and input how frequently you want your portfolio to rebalance. The application will do the rest for you. It's as easy as that.
You can download the application at http://shrimpy.io/.
Please let us know if you have any comments or questions. We are looking forward to continuing development on Shrimpy and expanding the functionality.
Happy Investing,
The Shrimpy Team
you haven't even a working website.
July 11, 2018, 01:38:35 PM
very good app thank you. whoever was using it managed to figure out which strategy works best? ive selected bunch of undervalued coins with no more than 5% each & did daily rebalance. also, during the rebalance, does the bot buys the spot price or sets a buy order to level the maximum buy price available?
Thank you, great work! That you plan in the future?
Hi Guys
Firstly thank you for your service, absolutely love it!
Do you perhaps have a roadmap for features you are going to be adding to your application in future?
I have several ideas that I would like to see personally, and I'm sure many would love to see where you take the service.
Firstly thank you for your service, absolutely love it!
Do you perhaps have a roadmap for features you are going to be adding to your application in future?
I have several ideas that I would like to see personally, and I'm sure many would love to see where you take the service.
April 11, 2018, 02:51:18 AM
Hi adokhai,
You do not need to buy all of the coins. When Shrimpy allocates a portfolio it uses all of your holdings on the exchange. So if you have 50% ETH and 50% BTC currently, then select 10 other coins, it will automatically trade your BTC and ETH for the 10 other coins. We thought this was the easiest way to ensure our users have a consistent experience.
Please let me know if you have any other questions!
The Shrimpy Team
You do not need to buy all of the coins. When Shrimpy allocates a portfolio it uses all of your holdings on the exchange. So if you have 50% ETH and 50% BTC currently, then select 10 other coins, it will automatically trade your BTC and ETH for the 10 other coins. We thought this was the easiest way to ensure our users have a consistent experience.
Please let me know if you have any other questions!
The Shrimpy Team
March 24, 2018, 09:19:37 PM
Hello everyone,
I just wanted to update you on our progress. We have just released the next version of the website.
Again, it's a free website app that anyone can use to balance their portfolio.
Check out the new website: https://www.shrimpy.io/
Let me know what you guys think!
Thanks,
Shrimpy Team
I just wanted to update you on our progress. We have just released the next version of the website.
Again, it's a free website app that anyone can use to balance their portfolio.
Check out the new website: https://www.shrimpy.io/
Let me know what you guys think!
Thanks,
Shrimpy Team
March 03, 2018, 09:49:56 PM
Thanks! If anyone has topics they would like us to cover in our next article posts, please let me know. I would be happy to hear what everyone wants to have more information on.
March 03, 2018, 08:44:52 PM
Looks good. Thanks for the info.
March 03, 2018, 07:48:37 PM
Hello once again! We have just released our next article in our series! If you have any red flags or questions you would like to discuss, just let me know.
24 Cryptocurrency Red Flags
https://medium.com/@ShrimpyApp/24-cryptocurrency-red-flags-21362adba27a
24 Cryptocurrency Red Flags
https://medium.com/@ShrimpyApp/24-cryptocurrency-red-flags-21362adba27a
February 20, 2018, 11:55:52 PM
Check out our latest post discussing rebalancing for cryptocurrency! If you have any questions or experiences with rebalancing, let me know. Also, make sure to check out the free Shrimpy balancing bot application!
https://medium.com/@ShrimpyApp/portfolio-rebalancing-for-cryptocurrency-7a129a968ff4
https://medium.com/@ShrimpyApp/portfolio-rebalancing-for-cryptocurrency-7a129a968ff4
February 08, 2018, 05:20:20 PM
We have just published a new post on Medium to help people who may be struggling with creating a strong portfolio. Here are some of our tips!
https://medium.com/@ShrimpyApp/10-tips-for-creating-a-killer-cryptocurrency-portfolio-447f1a191a9c
https://medium.com/@ShrimpyApp/10-tips-for-creating-a-killer-cryptocurrency-portfolio-447f1a191a9c
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