Time for Part 2 of the $1,500 experiment.
We are Dollar cost averaging out of HNT and into ALGO so we can send it to Coinbase and deploy our Algos to see how they really work. I have a feeling that Murphys law is about to kick in now that I'm mostly out of HNT. Still HODLing a little bit

Good Morning Everyone!
Re-balancing into Bitcoin was a good move! Alt coin pairs are struggling to keep up, so we might be staying with Bitcoin for a while, and then Dollar Cost average back into some more HNT. Bitcoin is dominating the alerts and news, so it's not wise to have any exposure.

We have been experimenting with minimum Bitcoin orders on our algos in order to simulate the most realistic possibilities. The take profit alerts were largely ignored.

12 days later

Back again with another update!
We have since moved $500 of Bitcoin over to Coinbase to start API testing with.

That left us with about $1,100 in capital.
We cheated though, and rode the metaverse wave for ~$640 in new gains in the past few days.
Also diversifying a little bit with Polygon and Monero.
Spell is a new multi-chain staking and lending platform that has some Wii-level-hacking magic that was hard for me to follow. I got it at $0.22-0.25 so I'll set some stops and ride it til it dies!

CoinEx has updated their website and UI with a bunch of new features including a very nice PNL model.
As part of a diversified portfolio strategy, we are able to capitalize on different set-ups instead of being bound to the price action of HNT/BTC on a downward trend as Bitcoin goes to war against the terrible "tokenomics" of the US Dollar

It's probably got a little further to go down relative to bitcoin. The unofficial-arbitrage occurs when you can find other opportunities that outperform Bitcoin.
There is no dishonor in "Camping" in this game:

  • Find a vantage point.
  • Wait for the enemy to stumble
  • Then snipe them from the shadows!
7 days later

Good Morning Catena Fam!
If you have been watching The price of Helium, then you already know we got crushed by the HODLer's.
Still not doing too bad. The past few days were choppy. Definitely over-traded, but it was part of testing candle reaction to various market and limit orders.
Our main trading account is ~$1,800 and we have another ~$560 worth of Bitcoin on Coinbase. Still making some final adjustments before we test a bot.

    We are weighting a little heavier towards Monero for a while to help dethrone some of these other coins that are obsolete. Pave the way for HNT and some other legit blockchains that ordinary people can mine.

    The entire internet and cell service went out in my area today, and that really opened my eyes to the need for a secondary internet network. So many credit card processors weren't working. ATM's weren't working. Gas pumps weren't working. ETC and Bitcoin Cash aren't gonna fix that.

      peter I have some awesome blueprints for solar set-ups. I even priced outs some Amazon Packages back in the day. It wasn't too bad! I'm really curious to see if there is a way to re-purpose the wi-fi antennas on all of these new gaming motherboards. Every real gamer is hard-wired anyways. Possibly some kind of modified bios for the wi-fi dongle thing.

      I bet the Ethlargement Pill team might have someone who could help...

        Latest updates on the $1500 experiment!

        We finally have some Bots running on CoinbasePro. We took the $500+ of Bitcoin that was sitting there and split it up into 2 micro-experiments.

        For this fun little micro-contest of "Battle Bots", we have 'WALL-E' vs. 'PopTriggers'
        Place your Bets!

        'WALL-E' is exclusively trading Bitcoin / USD based on every single alert from 1 and 3 minute charts for over 10 pairs.
        I nick-named it after Wall-E because it has to be able to withstand harsh environments while picking up scraps... and then compressing them into blocks.

        'PopTriggers' is exclusively trading ALGO / BTC with 3 pairs (6 alerts total)
        It was small enough in price, and that made it easy to test a single coin trade for each order.
        It also sounds cool to run Algos on ALGO.

        The 'Poptriggers' bot got weighted into all ALGO, and 'WALL-E' has a secured a strong a lead!
        I also reworked the order format on Wall-E so that it placed larger orders, and I removed the 0.5-2% order offsets. 3% minimum profit is the goal

        Good Evening Everybody!
        Here is an update on our manual trading assets. We some how managed to be almost exactly where we were last time, which was a recurring pattern on the Wall-E BOT. Better than losing money.

        We are still heavy on Monero with the governments planning trackable fiat pegged currencies. Social Media is also starting to see how easy it is to identify who owns what wallets. The "MAGA COIN" dev offered to give away $20k worth to "Maga Hulk" and you could see where he dumped it less than 24 hours later. Thanks to Poocoin.

        I also recently got one of my old friends to agree to pay me with 13 monero to design his house vs $5000. A bit of a personal competition to see if I can raise technological awareness about actual cryptography on social media. I was always kind of ignorant of privacy and blockchain analysis until you start going down the satoshi rabbit hole.

        BAT and ICX are no brainers with their low circulating supply and real world blockchains. We aren't looking to do any crazy fast trading. We already have some tiered limit sell orders for $4+. Brave Browser is the only thing you can use to read news articles these days, and I'm seeing rumors on twitter about ICX airdrops. This is why you don't want to keep your crypto on exchanges. Unfortunately, for this experiment, we are in it for % gains from "trading." This is what you would call a "SCALP" trade. It's super common before airdrops, and the trading can be very volatile.