Since the launch of the tool, it has been improving with several resources being constantly improved / implemented, this is the case of the facilitator for creating robots in the infrastructure.
Think of a Robot as an intern that you will hire to do what you want. In the case of the simple bot, he is an intern who doesn't need to explain much, he already knows what to do.
Creation in ‘simple’ follows a step-by-step format to facilitate the creation of robots that perform analyzes and perform operations on your preferred exchange. But, it is also a format that seeks to prevent user capital as much as possible, avoiding exposure to risk.
The objective of the 'simple' format is to facilitate when building a bot, always focusing on long-term performance. Risk management is done automatically and the capital divided to withstand a possible large drop in the chosen asset.
This field is for you to easily identify your bot in the list of registered users.
In this field you must choose the API key that you registered.
Currency is the initial currency you will use, if it is bitcoin just choose the symbol for it, in the case of BTC.
In this field you must choose the asset you want your bot to trade.
Amount of capital you have to move.
The number of times your capital will be divided. If the format chosen is 'automatic', the capital will be scaled to an average of 1000 operations.
This field adjusts all resources according to the chosen risk level.
This field is used to inform the desired % of profit. The result is according to the amount of capital that will be moved, so the lower the% of profit, the more times the capital will be moved and will result in a higher profit.
This property represents the number of days that your bot will be active and also represents the amount of credits that will be consumed.
The cost to use the technology is very low compared to the return. However, it is basically necessary to earn more than it costs to use. So it is important to perform simple calculations to get a sense of the cost.
Let's assume that the current cost is 7 USD for 30 RTN, so below are some examples taking into account the USD scenario.
(1): If you have 100 USD to move, then to pay the costs you need to get at least 7% / month of results.
(2): If you have 1000 USD to move, then to pay the costs you need to get at least 0.7% / month of results.
(3): If you have 10,000 USD to move, then to pay the costs you need to get at least 0.07% / month of results.
Note (1): The more capital you are moving, the lower the cost.
Note (2): To reduce costs, purchase a reactioon node to mine RTN.
Note (3): Exchange fees are irrelevant if the result is higher than the rates.
The risk involved when creating a bot in simple format is low. But, it is worth remembering that everything depends on the market and the chosen asset.
Note (1): Beware of low cycles, the market may fall and you will have the capital stopped in the asset.
Note (2): The risk of the cryptocurrency market is high, so using low risk will increase the probability of obtaining positive results.
Note (3): The smaller the amount of capital you have, the greater your risk in the market.
Note (4): If you want to avoid exposing the multiple conversions of alternative currencies (altcoins), use USD pairs.
Note (5): The higher the value chosen in profit, the longer it will take to execute an operation.
Your bot will always receive a unique ID so that you can identify it in our infrastructure.
After creating the bot, you can click on it and the stats will appear. This area contains statistics about the market and the latest actions of your bot.
Note (1): Always keep an eye on the market position bar, it indicates when the bot will buy or sell. In standard mode (tendence), the bot will only buy when the bar is on the left side, between 0-50% at the market price.
You can control the actions of your bot to maximize results, either by reducing the risk of exposure in the market or by holding the sales of an asset that you want to keep in the long term.
This area can be accessed by clicking on the bot name and going to the 'review' option, this option is for user support. There are two modalities, autonomous support and community support, where the user himself can check the status of his bot or open a call that will be answered by a member of the community.
The results are variable, it depends on a number of factors. Usually in the group we always talk about 3-5% with a focus on reducing users' expectations, but this is completely variable.
Note (1): The yield is variable according to the movements of the asset in the market.
Note (2): The greater the amount of capital, the lower the risk.
Note (3): Purchases will be divided, this will reduce the risk of exposure to the market and increase the probability of obtaining a positive return.
Note (4): The bear market is the best time to trade.
Note (5): After a fall, you can have several falls.
Note (6): Before going up, the market will fall for weeks or months.
Note (7): Assets that have a technological solution for the world are more likely to recover market value.
Note (8): Past performance is no guarantee of future performance, it is important to keep your feet on the ground.
Note (9): When purchases are made in the market, your initial capital will decrease if the asset's value decreases in the market. It's normal.
Note (10): When making all sales and there is nothing left to sell, the value of the initial currency must be higher. For example, if you are trading Ethereum using Bitcoin, after all sales your quantity in bitcoin should be higher.
Note (11): The more times the capital is moved, the greater the return. For example: if you have 100 USD, the total amount moved over time can total 200 USD or more.
Note (12): You can mine a coin just by leaving a bot constantly buying and selling nonstop.
Note (13): Mathematically ... The greater the amount of capital, the lower the% return. For example, if 10,000 yields 10%, 100,000 cannot yield 10% or more. Such proposals are a myth.
Note (14): It is possible to view the consolidated results of the active bots directly in the 'presets' tab.
Many users who aim to take advantage of the movements of a specific asset in the long term create bots in simple format and leave trading forever, either with the aim of raising the amount of the initial currency or the trading currency.
This format allows the user to keep up with market volatilities without being too exposed to the risk of leaving a large part of capital allocated.
Note (1): Never leave more than 75% of your capital exposed on the market.
Note (2): RTN mining is for reward. The infrastructure node provides energy and computational power to run the robots and in return receives RTN.
Note (3): There is only profit / loss after completing the market flow. It's buying and then selling. After the sale is made, it is possible to identify the total profit / loss.
If you want to know how to create a bot in a personalized way, click here.
CEO / Developer
The future is now!