Author

Topic: New crypto service: who makes the best portfolio? (join the BETA test) (Read 221 times)

newbie
Activity: 5
Merit: 0
how do i join the beta test


Just sign-up :-) https://stakestrategy.com/p/signup
Let me know if you have any further questions.
newbie
Activity: 1
Merit: 0
how do i join the beta test
newbie
Activity: 5
Merit: 0
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
Solid ideas, and you asked the right questions to identify the problems of portfolio sharing - if there were a way for people/services to share their performance, their signals, their calls, their trades, without actually revealing the details they'd want to keep private. Not sure what that solution could look like though, since the need for anonymity seems at odds with full transparency of those details.

To take it further, potential for a reputation standard that links the portfolio to known/verified users. Like you said, there are always Persons A B and C making X Y and Z calls, but they disappear after making bad calls, or leave you no way to verify their calls.

Not that I'm eager to find Person A who can do all this, but I'd like a way to show newcomers that all these people actually can't make good calls consistently. No one, no strategy can.
legendary
Activity: 1792
Merit: 1283
I'm a big fan of this concept, seems like a very handy and fun way to track your profit and share it with the community.
Might write an article promoting your website on Steemit.

Give an update when your website is a little bit more complete, I'm sure you can tinker a bit on the profile pages etc.
Everything's still kinda empty.
h7r
newbie
Activity: 32
Merit: 0
Very interesting.

I would recommand this book about porfolio managment: "The Handbook of Porfolio Mathematics" from Ralph Vince.

Why dont make public all the porfolios registered in your website ?
I was wondering about the same

Oh finally i met someone who knows Ralph Vince ! Are you using the f optimal in your trading strategy ? I made some spreadsheets that gave me the number of units I have to sell/buy in function of the f aka the risk I want to assume. In an other book, "The Leverage Space trading Model", he goes more deeply in this theory, and it becomes very exciting. Example : a chapter about how to maximize the probability of profit given a maximum drawdown percentage you are ready to assume. So its not only about how to maximize geometrical mean but also about maximizing probability of profit and minimizing drawdowns. All this thing can be solved mathematically but ppl generally ignore it and are trading "blindly". Another chapter about "The inelectutate coordinates": to resume, the fact you may not be using the optimal f doesnt mean your are not under the laws of this "leverage space" where the f parameter will indicate your position - and so your risk.
full member
Activity: 165
Merit: 106
Very interesting.

I would recommand this book about porfolio managment: "The Handbook of Porfolio Mathematics" from Ralph Vince.

Why dont make public all the porfolios registered in your website ?
I was wondering about the same
hero member
Activity: 2338
Merit: 757
Your approach is original and  unique. Your platform is really making the difference compared to other Trade Portofolio websites. Some notes came into my mind hust after reading your thread and vising the website:
1- The platform provide a great tool for subscribers which is the portofolios comparison so traders won't only relay on total predictions or Market Psychology. But, the service can also be used to promote for a coin to be traded and get more volume in exchanges (pump the price by only publishing an awsome portofolio in your site) and the opposite is also possible (dump any coin only because not succeeding making some orders) so how will you intend to prevent such greedy behaviors of users (traders are known by their great greed)  Smiley
2- Any user (pay for inscription) will enjoy using your services but what should prevent him to publish results of his researches in the platform, out in other platforms or may be share it with friends?
3- How you aim to maintain your project (pay host and technical supports and mnagers) as i think just adding a fee for subscription will not generate that much benefits.
4- Users testing freely the Alpha, will they get a special access to your platform content after official release or it is just for test?

I would encourage you moving forward and complete your progress. I really liked your work. I find your position inspirational for all of us.
Good luck


Thank you for the time you have taken to look at my project. A response per point:

1) That can indeed become a problem. But to pump a coin you will have to have a good track record yourself. If you start pumping, you run the risk of losing your reputation. I can indeed not exclude that that will never happen.
2) I want to personalize the recommendations. Not all coins are offered on all exchanges and I want to offer a choice in the amount of risk you want to take. So not all recommendations apply universally to everyone.
3) In fact, some money will have to be earned in the not too distant future. What other options do you see next to a subscription fee?
4) The users who now apply in the alpha / beta phase will continue to be treated with priority. I do not have any details yet.

The main point that I am struggling with is finding enough people to sign up; that is very difficult. The platform also only creates its added value when enough people keep creating and updating portfolios. Second, it is important for me to estimate whether the investment I am making will be paid out.

What is your objective opinion on this last point? Will I find a market big enough to (at least) cover the costs if I spend enough time on marketing?

1- Adding ads (crypto-related) can generate some benefits at start but this can groth by receiving more traffics which is depending on your Marketing strategy. If you classify the users portofolios by rate, then you can also add additional fees for visiting some classes or get trade advices. I don't know about suggesting you to create a token to be used for your platform as i don't really understand your approach in general rather than it would need special team with clear vision.
2- It depends on how much you are willing to pay for promotion and where to spend those money; this thread can be a good start as you can run a signature campaign here in BTT to spread the world about your startup. This may would be a little bit complicated if you are managing alone all the tasks so you can just start puting some efforts in hiring someones for management help or may be some enthousiasts can provide help until reaching a good level.

A long term roadmap with clear developement progress milestones would be a must if you want to assure duarability and credibility as well.
 
h7r
newbie
Activity: 32
Merit: 0
Very interesting.

I would recommand this book about porfolio managment: "The Handbook of Porfolio Mathematics" from Ralph Vince.

Why dont make public all the porfolios registered in your website ?
newbie
Activity: 5
Merit: 0
Your approach is original and  unique. Your platform is really making the difference compared to other Trade Portofolio websites. Some notes came into my mind hust after reading your thread and vising the website:
1- The platform provide a great tool for subscribers which is the portofolios comparison so traders won't only relay on total predictions or Market Psychology. But, the service can also be used to promote for a coin to be traded and get more volume in exchanges (pump the price by only publishing an awsome portofolio in your site) and the opposite is also possible (dump any coin only because not succeeding making some orders) so how will you intend to prevent such greedy behaviors of users (traders are known by their great greed)  Smiley
2- Any user (pay for inscription) will enjoy using your services but what should prevent him to publish results of his researches in the platform, out in other platforms or may be share it with friends?
3- How you aim to maintain your project (pay host and technical supports and mnagers) as i think just adding a fee for subscription will not generate that much benefits.
4- Users testing freely the Alpha, will they get a special access to your platform content after official release or it is just for test?

I would encourage you moving forward and complete your progress. I really liked your work. I find your position inspirational for all of us.
Good luck


Thank you for the time you have taken to look at my project. A response per point:

1) That can indeed become a problem. But to pump a coin you will have to have a good track record yourself. If you start pumping, you run the risk of losing your reputation. I can indeed not exclude that that will never happen.
2) I want to personalize the recommendations. Not all coins are offered on all exchanges and I want to offer a choice in the amount of risk you want to take. So not all recommendations apply universally to everyone.
3) In fact, some money will have to be earned in the not too distant future. What other options do you see next to a subscription fee?
4) The users who now apply in the alpha / beta phase will continue to be treated with priority. I do not have any details yet.

The main point that I am struggling with is finding enough people to sign up; that is very difficult. The platform also only creates its added value when enough people keep creating and updating portfolios. Second, it is important for me to estimate whether the investment I am making will be paid out.

What is your objective opinion on this last point? Will I find a market big enough to (at least) cover the costs if I spend enough time on marketing?
hero member
Activity: 2338
Merit: 757
Your approach is original and  unique. Your platform is really making the difference compared to other Trade Portofolio websites. Some notes came into my mind hust after reading your thread and vising the website:
1- The platform provide a great tool for subscribers which is the portofolios comparison so traders won't only relay on total predictions or Market Psychology. But, the service can also be used to promote for a coin to be traded and get more volume in exchanges (pump the price by only publishing an awsome portofolio in your site) and the opposite is also possible (dump any coin only because not succeeding making some orders) so how will you intend to prevent such greedy behaviors of users (traders are known by their great greed)  Smiley
2- Any user (pay for inscription) will enjoy using your services but what should prevent him to publish results of his researches in the platform, out in other platforms or may be share it with friends?
3- How you aim to maintain your project (pay host and technical supports and mnagers) as i think just adding a fee for subscription will not generate that much benefits.
4- Users testing freely the Alpha, will they get a special access to your platform content after official release or it is just for test?

I would encourage you moving forward and complete your progress. I really liked your work. I find your position inspirational for all of us.
Good luck
newbie
Activity: 5
Merit: 0
New release went live today! Add your website, Twitter, TradingView and YouTube channel to your public crypto portfolio.  
By making your portfolio public and linking it to your own socials, you can use this as a marketing tool. I am very curious about your opinion about my startup project :-)

https://s3-eu-west-1.amazonaws.com/stakestrategy-public/Schermafbeelding+2018-06-11+om+11.11.42.png

https://s3-eu-west-1.amazonaws.com/stakestrategy-public/Schermafbeelding+2018-06-11+om+11.16.30.png
newbie
Activity: 5
Merit: 0
Hell crypto friends!

Recently an idea came into my mind for a new crypto-related service.

I noticed:
- There is no easy way to share my portfolio with others without having to disclose the size of my investment.
- There are people who claim that I should buy / sell coin X or Y because of Z.
- There is no easy way to check the track record of someone who makes such a recommendation.

Because I like to work out (online) ideas, I am working to build something for this. To you the honor ( Wink) to test this together with me if this service can work out. During the beta period the service is totally free.

More specifically:
The site: https://stakestrategy.com
What can you do: register and publish your crypto portfolio. Doing this, you have a choice A: per coin you enter the amount of units you hold, or B: just enter the percentages (and don't spoil your portfolio value). Based on the publicly available price information, the relative ROI of all portfolios are calculated in real time. Here rankings are made periodically so that you can see who did the best in the past hour, day, month, year etc. With this you can earn credits with which you can build a reputation (in the future).
What is the purpose ?: If everything works nicely, I want to encourage professional traders to make their portfolio publicly available in this way. With this you can demonstrate how good (or not) you are. The portfolios of the users with a good reputation (ie: that built a good track record) can also be used as trading tips (buying or selling coin X / Y) for the other users.
Why should I participate ?: Good question! First of all, the site is still in beta stage so all the feedback that is being delivered is valuable and is taken seriously. In addition, it is nice to compare your own portfolio with that of other users. It is also nice to see how your portfolio does on the rankings.
Feedback: Please let me know what you think, and if this idea has potential to succeed.
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