November has been a turbulent month for the global markets, not only for Crypto, with both steep declines and upward trends. LAIKA’s bots overall have some very profitable.
We’re proud to say that for the second month in a row, one of our bots is the best performing bot on the entire ‘BOTS by Revenyou’ platform. Our debuting bot, NFT TrendBot, obtained a return of 77.8% in November alone.
October was a good month for all of the 53 Boosting Alpha related bots (with the brands Boosting Alpha, The Noogieman, Dagobert Buck, Illuminati, Team Dakar. The average return across all bots in October was 11,5% in Euros and 6% in the crypto basecoin (whether it is USDT, BTC, ETH or BNB).
All of our Dagobert Buck bots (all trading bots based on basecoin BTC) are in the higher regions of the performance list in the range of 18 to 40% of monthly performance in terms of Euro values. But also some of the USDT-based bots are in the range of +20% monthly return.
Shortly we will introduce about 15 new trading bots which are based on our new Einstein Relativity Theory series. Some of them based on USDT, BTC and BNB as the basecoins.
The average 30-day return across all of our trading bots (since the initial start date of each bot, for some of them now 1,5 years ago) is now at 4,11% per 30 days, measured in terms of the basecoin. I guess most asset classes, hedge fund managers and pension funds would be jealous on that type of performance.
As there are many concerns regarding to USDT and its lack of transparency, we would like to share that we have also bots in BTC based or ETH based, that means the return is calculated in growing of the NR of BTC or ETH you hold, not the FIAT value return.
Now we are introducing BTC/BNB based bots. All of these algorithms invest in BTC respectively BNB pairs. The annual return and drawdown is calculated in terms of the basecoin, not in EUR or USD. So these algorithms are always exposed to the crypto market, since when they are in cash they are still invested in either BTC or BNB.
These algorithms are useful for people which are bullish long-term on the crypto market and have a so-called HODL philosophy. They should allow you to gain more BTC or BNB while continuously being exposed to the market 1The Sortino ratio is a variation of the Sharpe ratio that differentiates harmful volatility from total overall volatility by using the asset’s standard deviation of negative portfolio returns, downside deviation, instead of the total standard deviation of portfolio returns..
The bots-series are named “BTC Relativity Mix x” and “BTC Relativity Multi Coin x” and will be published under the “Illuminati” (II) trade mark, in the coming month, after the current Quarantaine period.
PS: The cooperation of Boosting Alpha with the Einstein Telescope team is part of a big OP-Zuid program which is partly funded by the European Union Regional Development Funds (EFRO).
The Sortino ratio is a variation of the Sharpe ratio that differentiates harmful volatility from total overall volatility by using the asset’s standard deviation of negative portfolio returns, downside deviation, instead of the total standard deviation of portfolio returns.
Tether (USDT) and the complexity surrounding stable-coins. TrueUSD (TUSD) Bridging the Network Gap between Traditional Money and Digital Value.
There are roughly 10 different stable coins (USDT, USDC, TrueUSD, EUR etc.) but the issue is that all other stable-coins do not have any relevant volume. If there is no trading volume, we cannot use it for trading-bots with lots of capital on it. If you only invest € 500-1000 on it those options might be good. If capital gets much bigger those stable-coins are basically not an option right now.
The USDT discussion has been going on for years. It is not new. And it is also clear that the Central Banks around the world all want to issue their own stable-coins in the digital world. So a big part of the USDT controversy is created by the politics from “competing” Central Banks.
Do you think the ECB or the FED would have all EUR or USD covered with gold bars? So we will see where this goes.
Once other stable-coins are getting more trading volumes, we will definitely introduce trading-bots on those pairs. We already have bots on BTC-based pairs. ETH-pairs are too small right now.
PS: There are currently only three bots with ETH as their base-coin. Most Bots are based on USDT and some in BTC and BNB. The only UWC (Uwezocoin) based bot was withdrawn. In the Selection & Spreading table the columns can be easily sorted to this purpose.