Here we present the overall results for the month of February.
“At BOTS, we wanted to do something to help Ukraine. That’s why together with Laika, we’ve created a Ukraine bot that any user can fund and use. The profits we make will go directly to the Ukraine BTC wallet to support the humanitarian effort. Find the bot in the app now!”
As everyone has noticed, all markets took a big hit in January. The overall crypto market lost over 1 trillion in value and the Nasdaq was down 15%, on track for its worst start of the year ever. The sharp pullback across markets was largely driven by fear of higher interest rates and potential reopening consequences.
We have experienced such declines several times now and expect them to continue to occur at least once or twice a year for the foreseeable future. It will take time and further maturation of the industry before we will see real differentiation in price action during such periods of market stress. For us, these periods are viewed as healthy in the sense that they wash out a lot of leverage and excesses, and provide the opportunity for great returns.
Above an overview is provided of the LAIKA bots in January 2022, where it is obvious that the buy-and-hold portfolio bots had a hard time, while the trend bots picked their enter/exit timing ranging from average to very well.
We are confident that the future will bring not only less of these declines, but new LAIKA bots that thrive under these circumstances, and new LAIKA bots that do not depend on the market fluctuations at all.
We are a team of driven individuals with backgrounds in econometrics, quantitative finance, and financial engineering. Combining decades of theoretical literature with practical algorithmic trading experience, our bots possess the optimal fundamentals for success.
The developed bots initially had, the names (search LQ) of historic space missions, each with a specific purpose and state-of-the-art signal generating techniques. So choose a rocket, and let Laika and her team quants guide your portfolio into space!
Currently (Jan 2022) there are 24 LQ Bots.
December was a difficult month to be profitable, as the results of the market has shown. The largest asset in the market lost more than 15%, while some altcoins had even larger declines.
The performance shows that the best strategy was to have only small positions, which some bots partly succeeded in, while the portfolio bots logically struggled.
Above, an overview of the Laika performance of December 2021 on the BOTS platform.