watch this....im buying more coin tomorrow.
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
watch this....im buying more coin tomorrow.
Seriously I'm losing it. Since I upgraded my buy price is above the current price for the coin.
I was on the fence before I upgraded but after upgrading I have come to the personal conclusion that this bot is trash and way too messy. It use to leave coins it didn't sell just sitting in limbo, now it's suppose to "close out" trades. I just had it go into this crazy loop where it went into safe mode due to my security margin being reached. Cool, I think, it's working...but I go to my open orders and the sell order for this coin goes on and comes back off repeatedly. Maybe my settings are off or something but it's just too much going on. Every time I look the damn price target to buy is over the last price reported. Why would I purposely buy over the current price? Maybe I'm missing something. That's a new quirk in this update, I will say the previous version seemed much more reliable and the stuff it did made sense...
I was on the fence before I upgraded but after upgrading I have come to the personal conclusion that this bot is trash and way too messy. It use to leave coins it didn't sell just sitting in limbo, now it's suppose to "close out" trades. I just had it go into this crazy loop where it went into safe mode due to my security margin being reached. Cool, I think, it's working...but I go to my open orders and the sell order for this coin goes on and comes back off repeatedly. Maybe my settings are off or something but it's just too much going on. Every time I look the damn price target to buy is over the last price reported. Why would I purposely buy over the current price? Maybe I'm missing something. That's a new quirk in this update, I will say the previous version seemed much more reliable and the stuff it did made sense...
I had the same issue and I will verify with him, but I believe the reason why the order kept on going in and out was because it kept on trying to sell the coins for the lowest price possible without you taking a loss but the current market price was already lower than that so it just kept on cycling rather than selling and giving you a loss of profit or putting you in the red.
When I have that happen (open sell orders that haven't been fulfilled), I just leave them alone. The coin will come back up in price eventually and they will sell. I'd rather they do that than for me to take a loss. Sometimes we may get too impatient and want things to run quickly and profit from it but coins fluctuate often and there are many things that contribute to that. So I, instead, just leave it alone and let it do it's thing. The only time I have lost profits from using the bot is when I became impatient and manually sold of sitting sell orders for market price rather than just leaving it alone and let it do what it's doing.
I feel you bruh, let me know if you find out something. Yeah nah that isn't me, I have tons of patience. When I first got into this I would lose shit being impatient but quickly saw the moment I did dump for a loss it would jump right back up again. Luckily I came up on other stuff to erase those early mistakes. The funny thing about adding the bot to my orders is it pretty much looks the same. I had 5-10 open orders at a given time on my coins to catch the wave and take more profits if a coin spiked. The bot pretty much does the same. Buy low, analyze the chart and pick a price that you believe it will hit or you're willing to settle for. So I do like the bot but some of its logic just doesn't seem to make sense and the fact that his documentation refers to the old version(s) doesn't help. Not too worried as I have it set to only play with a small percentage of coin anyway so I may just let it ride to see what happens.
First off what are your settings.
For certain shit coins the gain should be 3 and security 2.
For stable coins, like ETH set gain to 1 and security 60.
For EMA1: 1
EMA2: 2
Then sticks on 5
Do not leave at defaults.
You should really talk to Gunthar, he is very helpful or join the room and ask, others will help if you're not in there. But he is probably knocked out now, being he's in Italy.
I'd stop any bots you have running if you didn't have this and restart it on whatever coins. Truthfully the bot will not buy a coin if it does not see a situation that will make money, no matter if it takes a few hours to get there or a few days. Gotta leave it alone.
But it's important to pick coins with good volume and either sideways even movement or slightly going upwards. But many coins of today had a jump when BTC went down and that's a feature for the bot not to jump at rally like what happened. Or it would lose.
Also it has to think there is a buy instance and below the EMA's.
Do you see any orders placed in Deposits/Withdrawals?
Is this Riecoin of any interest? It's up 64%...haven't seen a coin that high all week.
That was my lesson I learned this week. I sold PASC early with a small gain, and an hour later that shit rose even more. Now I have a few coins on hold for a greater profit.
You saw it just took a dip? It's a coin that had no volume. Don't know if there was recent news but there's barely anyone on it. Too speculative. Price is too cheap.
Even like Qora, it's up 25% and costs 10 satoshi. Any minimal movement will light up their 24 hr change.
Have anybody with the bot wondered if this guy is creating a team of folks to manipulate the market? I seriously doubt this is what's happening, BUT possible. LOL It seems like the volume on some coins are minimal and wouldn't take much to create a pump and dump. SHIT we could create our own BGOL army and do this.
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Yeah I peeped your post a page or two back and honestly not being one to conform to the norm I did a hybrid of sorts. I used your settings on shit coins and on a recommended coin like PASC yesterday. I bumped up the gain to 10 and security margin to 8. Had the ETA1&2 =1:2 sticks 5. Those settings worked earlier in the day and it bought and set orders with the gain applied. One even cashed out yesterday. I think it was RADS but I moved the gain down to 2 or 4 on that. So it's working but that order that kept posting and being taken off bugged me out. Also when my buy price was higher than the current price. I can't explain that one. So using the shit coin formula on good coins is a bad thing?
a lot of coins took a dip...
http://www.coindesk.com/china-fears-spread-beyond-bitcoin-crypto-markets-slide/
top 100 "gainers"...only 10 are in the green...
https://coinmarketcap.com/
...click % change (24h) on the right
http://www.coindesk.com/china-fears-spread-beyond-bitcoin-crypto-markets-slide/
top 100 "gainers"...only 10 are in the green...
https://coinmarketcap.com/
...click % change (24h) on the right
That's a 10% gain. That's like so unrealistic. The highest I heard him say to set it was 4.
He only said to use that 3/2 was because of how BTC was so high then when it dipped the first night on the rumor of China. Then yesterday it really was true news, was when I went back to being more conservative and doing 1/60.
I suggest you'd do the same to let it buy and sell on a natural slight incline of a trading chart. Doing high percentages like 10% you'd be waiting forever. Before making drastic settings, you should discuss it with Gunthar, so he can explain what would and wouldn't work and why.
Oh no I get it! thats's why I lead with I wasn't following the norm. It was only a test and I liked the fact the bot picked a good entry point on buying. It all depends on the coin and the market. I've had some of the 10% trades go through over night when they spike. That's how I trade and yeah I hold a percentage of coin banking on it to profit. I was curious to see what the bot would do. I think I'm let it churn on small stuff. I couldnt find his recomendation on settings for using the 4% gain. Do you know off hand?
He didn't make any specific. Just said you can set it 4 possibly. But anything the gain is, set the security to less, so probably 3 is what I'd think. That means at 3% loss it will drop out and sell. So you'd still be up. That's if you had a 4% gain on a sell previously.
So did anybody take my advice and make a Steemit account yet??? Here's my account: https://steemit.com/@elumni
This is my wallet:https://steemit.com/@elumni/transfers
I been using the steem tokens I earned and sold them for BTC and upgraded my Genesis-mining account
This is my wallet:https://steemit.com/@elumni/transfers
I been using the steem tokens I earned and sold them for BTC and upgraded my Genesis-mining account
For fun but with real bitcoin
Bitsler.com
Also if you run out you can click the tab on the left and click free BTC.
Bitsler.com
Also if you run out you can click the tab on the left and click free BTC.
Anyone read this article?
https://cointelegraph.com/news/stage-set-for-25000-bitcoin-price-macroeconomist
https://cointelegraph.com/news/stage-set-for-25000-bitcoin-price-macroeconomist
Well how did you first get it? Can't you just send it back there and exchange for cash? Back to your bank account?
So I've been speaking to Gunthar on and off about a few things. One thing of note is dealing with profits. He recommends to truly see your profits, you should deposit your profits that the bot has made for you to a wallet. On polo you can see how much profit you have made off of trades within a specific amount of time by coin. That's what you should be depositing. Some people would be confused thinking I've been using the bot and my money hasn't been growing even though it says that I'm making a profit on every trade. The problem there is that the more pairs you run the more they are selling and trading from your balance, which is constantly being traded so it doesn't look like you're earning any profits when you really are. So another way to look at what you've made is to stop the bot and let all the sell orders you have open sell so all you have is BTC, you should see an increased amount from where you started with the bot. I'm going to get a hard wallet and dump my weekly profits to it, which he does as well. Just food for thought.
Yeah and a good way to handle this on the fly (short term of course) is to separate it by sending your profit to the lending side on polo. It doesnt have to be used for trades on the lending side, it can sit there until you get ready to move it to your wallet. I found this out the hard way the other day. I had a bunch of stuff sell. So it was a way bigger pot to pull from, so when the buy orders from the bot went crazy I was like wtf?!? Then i realized what happened.
Yeah I've been talking to Gunthar too. The bot keeps stopping and he said it isn't suppose to. He thinks it may be an issue with ema and polo's way of handling it.
I've only had it stop twice in the past week I've been using it, seems to be an error with .Net 4.5 for me. He's not sure what the error is, asked me to screenshot it the next time it comes up, but outside of that it's been good.
Oh wow. I don't know what's up with my setup then. It happens to me in like less than an hour running the swag release on shit coins. If I change the ema to 2 : 4 on swag it works for about 4 or 5 hours. He told me to go back to the clayboran release and it is the same way, will work about 4 or 5 hours...He saw the issue himself he said on swag with ema being 1:2 but says clayboran doesn't have all the error stops so it shouldn't quit.
Yeah I sent him screen shots and error/log files. Waiting to see what he says.
Mine was doing the same. I've changed the EMA to 2 and 4,been running fine for 2 days.
And not pulling my funds out. Want it to compound. You pull out the profits then how will you have more to play with?
Gunthar was saying that maybe over a period of time you'll see an increase in your balance but you're not gonna really see where your profiting unless you're checking and setting that aside. His example:
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I understand that. That's why I go thru my coins daily. You can show what's sold by going to select your trade history for the past 1-2 days. You see a profit and if no sell orders that are open, I stop the bot of I'm moving to a diff coin and put whatever back to BTC.
I watch the coins usually 2-3x a day and reassess if I stick with that one or retire it. Putting my profits back to BTC. It's not stuck on a coin.
A
Here's one to do some sports betting https://sportsbet.io/ I was using this to bet on the NFL all season.
Another good spot to do gambling Bitstarz.com I won $100 in BTC on a slot game using just $15 in BTC. Guess I got lucky!
Here's one to do some sports betting https://sportsbet.io/ I was using this to bet on the NFL all season.
This would be a massive come up, turn 4k into 100k.
Was it this?
http://coinmarketcap.com/gainers-losers/
But I usually look at Polo, look for pairs over 100 in volume that are gaining and on a gradual incline over diff time frames of the past 2-5 days or so. You can change your recommendation in the bot to show 100 volume. Think the default is 500
I've been watching a lot of YouTube vids learning Fib cycles as well. Like the Fib spiral and retracement. It's crazy how people emotionally buy at 38 and 62 percent moves usually 80% of the time.
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That's it! Good look. Yeah I may have to start doing that myself. I didn't realize that's how the bot was determing the coins.
Yeah, the default is 500 and even Gunthar agreed how low the volume has been on Polo after the PASC run. That week coins had volume of 30k and now the highest barely has 1-3k.
The people are there, daily is about 10k people online. But no one is buying like they were before. Idk if Bitcoin needs to come down.
This is supposed to be a very big week for many things globally, so want to see what happens with BTC in relationship to currencies
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