Popularity Poll: Bots Top-15, Q2-2021, 350 ratings by 100 users

Our first Bots Top-10 in two Risk Classifications is dated 28 December 2020.  The second was:  Popularity Polls Bots Top-15, with over 200 user-ratings.

This is the third post about bots “popularity”.
The approach for these polls has been reconsidered. The most important reason for this is the Risk Classifications (RC).
The division in Risk Classifications is no longer used.
The reason is two fold:

  • The Bots Risk Classification is dynamic and can change over time, dramatically. For the purpose of Polls the RC is just one of the many aspects to be considered.
    So far there are no Bots available in the 3rd RC, Low (1-4) category. Due to these dynamics the value is limited.
  • How useful is the RC division for popularity ratings. Not only is the value limited, it is also under discussion with regard to cryptocurrency in general.

And yes, it is a long list of BOTS-Names and growing.
At this point in time we can draw conclusions about the Bot popularity and how the selected bots are valued by the investors. The investor may be you but new-comers in bots valuable the input even more.

On the poll-page users can indicate there experience and satisfaction with bots. The bot-strategy should be an important aspects, because this is important to all users. Aspects to take into consideration are: Overall performance, risk versus yield, stability vs volatility, Bots Creator score, availability (=to start) etc.
Do not forget that you can re-issue you votes at any time.  In principle the “Poll” is always actual. This with exception of the archive or historic polls.

Popularity Polls Bots Top-15, 8 May 2021
Popularity Polls Bots Top-15 of 350 recorded votes by 100 voters  on 8 May 2021.

The Top-15 Bots by 5 BOTS-Creators:

7 x (AB) Agga Team Bots,
3 x (DE) Dembots,
2 x (BA) Boosting Alpha,
2 x (AT) Altrady,
1 x (TO) TTO, Track This Out.

Interesting to notice that the recently new series “HODL the bottle top 35” and – 40  by Boosting Alpha,  hold the 1st and 2nd position.
In total the 7 out of 15 Agga Team Bots are in favour of our voters, both older but mostly relatively new Bots.  Dembots (aka DemaTrading.ai ) also have a solid position.

Thanks on behalf of all readers.
The BI-Team.

Blog post: How crash-proof are Bots?

Battle of the Bots – Final results

Now that Revenyou has come up with their own Bots League (you are welcome for the idea) it is time to publish the final results in my Battle of the Bots league.

In the Battle of the Bots series I have compared the performances of various crypto trading bots (see previous blogs for an explanation and a description of the competing bots. Link at the end of this post). The monthly results of three series of battles between three trading bots of different botcreators could help in deciding which bots or botcreators to choose.

Here are the final results.

Battle of the Bots 1

  1. Top10 Balance 2 bot +163,02%
  2. Sweet Orange Mia bot +63,35%
  3. Power of Pi bot +22,33%

Battle of the Bots 2 (in crypto value)

  1. Joe Daredevil bot +6,36%
  2. DeFi Strategy bot -8,30%
  3. CBS by Altrady bot -26,50%

Because DeFi Strategy bot and CBS by Altrady bot have Bitcoin as their basecoin, and Bitcoin has increased in value over the past three months, these trading bots have increased more in euro value than their USDT based counterparts. USDT (US Dollar stablecoin) has decreased in value compared to the euro.

Battle of the Bots 2 (in euro value)

  1. DeFi Strategy bot +123,42%
  2. CBS by Altrady bot +79,07%
  3. Joe Daredevil bot +2,18%

Battle of the Bots 3

  1. Beetlejuice bot +62,33%
  2. Botzilla bot +5,81%
  3. Dr. Block bot +3,55%

Best crypto trading bots top 3

  1. Top10 Balance 2 bot by Dembots +163,02%
  2. Sweet Orange Mia bot by Agga Technologies +63,35%
  3. Beetlejuice bot by The Noogieman +62,33%

Best euro earning bots top 3

  1. Top10 Balance 2 bot by Dembots +152,79%
  2. DeFi Strategy bot by Dagobert Buck +123,42%
  3. CBS by Altrady bot +79,07%

Battle of the Bots pt. 1 update

In the Battle of the Bots series I will compare the performances of various crypto trading bots. The monthly results of three series of battles between three bots of different botcreators will be posted for the next year. The goal is to evaluate the bots performance over a longer period of time, both in winning as well as in decreasing crypto currency markets.

In the first battle the following trading bots are competing.

  • Power of Pi by Boosting Alpha: This bot scans 7 different coin markets using the mysterious constant value Pi in it’s algorithm. The bot has a calculated cumulative return in 24 months of 94% with a high volatility risk according to the botcreator. Risk level according to the bots app is 8/12.
  • Top 10 Balance 2 by Dembots: A long term steady bot which checks top performing coins with the highest volume every last 30 days. A concept similar to some well proven ETF strategies. The bot won’t win on big spikes, but if the market wins, you win. A high risk bot according to the bots app, 11/12.
  • Sweet Orange Mia by Agga Technologies: A balanced long term risk strategy that only trades Bitcoin. It trades on a small and medium timeframe to ensure it’s ability to react smoothly to moving market trends. Yearly testing results predicted a 2020 performance of 89,47%. A mild risk bot according to the bots app with risk level 8/12.

The results of these three bots after two months is represented in the following chart.

In the chart the blue line represents Power of Pi, the orange line Top 10 Balance 2 and the grey line Sweet Orange Mia.

The score after two months in percentages (score after one month):

  1. Top 10 balance 2 by Dembots: +58,73% (+45,23%)
  2. Sweet Orange Mia by Agga Technologies: +23,07% (+8,26%)
  3. Power of Pi by Boosting Alpha: +14,45% (+6,16%)

In the growing crypto market all three bots have taken advantage and been able to increase the value of their investment over the past month. Top 10 Balance 2 is “always on”, always in position, and dependent on performance of the Top 10 coins. It has benefited from the growth of bitcoin and ethereum, but suffered from the decline of ripple. Sweet Orange Mia and Power of Pi take to the sidelines when their algorithms suspects a decline, as can be seen by flatline periods in the chart. They should be able to protect profits better in case of a downtrend in the crypto market, hence their lower risk profile. The future will tell which bot performs best, and if they are able to live up to the promises of their predicted annual  results of 90%.

Tomorrow an update of the second battle of three bots.

Bots Creator profile: Dembots (DE)

business-idea-success

The goal of Dembots is to offer people an alternative to spread risk. Not offering trade bots, but a bot that has a buy and hold strategy that automatically re-balances your portfolio for you.
I have a one person business, with years of forex- and crypto-trading experience. With both, manual and automated algorithms. I have a degree in Artificial Intelligence (AI).

The current Dembots series is based on the idea of the S&P 500 and similar funds (roughly speaking). The bots buy the top coins (sorted on volume), keep them for a period of 2 weeks (currently). After that period it sells all the coins and re-buys them again, evenly divided. So if you for example start with 50 Euro in Bitcoin and 50 Euro in Ethereum, and this would grow to €55 in Bitcoin and €65 in Ethereum. The bot would sell both coins and then purchase them again for €60 each. This ensures you took a part of the profit you got from your Ethereum spike, and you never invest in one coin specifically. You invest in the general market, if the market raises, your investment raises. This could also be beneficial if a coin has dropped in price. The bot will increase the funds after re-balancing, and if the coin raises back to its old price you profit from that.

The technique utilized is based on machine learning, artificial Intelligence (AI), continuously optimized to, generate optimal risk on Return On Investment (ROI).  Most bots have a meaningful names like ‘Top10 Balance.bot’, “Top10 Balance2.bot”. “Top20 Balance.bot” and “Top30 Balance.bot”.
Currently all Dembots bots run on the RevenYOU-BOTS-platform.

Demian: “Previously I have developed algorithms.
Currently I am in the process of setting up a company where you can submit your trading strategy/algorithm and we will publish it for you. You do not need to have any experience. All you do is share your strategy and your bank account. Then we pay you a monthly fee for your part of the profit, that comes from the algorithm that you developed and supplied. We do the coding, serving, publishing, backtesting and strategy-optimization (including machine learning models).

⊗ Update 18 december 2020:
The latter service is now available on Dema trading.
DemaTrading

DemBots will no longer develop bots under this name but continue the work with a larger team in the company DemaTrading.ai.

 

 

 

Battle of the Bots pt. 1

In the Battle of the Bots series I will compare the performances of various bots. The monthly results of three series of battles between three bots of different botcreators will be posted for the next year. The goal is to evaluate the bots performance over a longer period of time, both in winning as well as in decreasing crypto currency markets.

In the first battle the following bots will compete.

  • Power of Pi by Boosting Alpha: This bot scans 7 different coin markets using the mysterious constant value Pi in it’s algorithm. The bot has a calculated cumulative return in 24 months of 94% with a high volatility risk according to the botcreator. Risk level according to the bots app is 8/12.
  • Top 10 Balance 2 by Dembots: A long term steady bot which checks top performing coins with the highest volume every last 30 days. A concept similar to some well proven ETF strategies. The bot won’t win on big spikes, but if the market wins, you win. A high risk bot according to the bots app, 11/12.
  • Sweet Orange Mia by Agga Technologies: A balanced long term risk strategy that only trades Bitcoin. It trades on a small and medium timeframe to ensure it’s ability to react smoothly to moving market trends. Yearly testing results predicted a 2020 performance of 89,47%. A mild risk bot according to the bots app with risk level 7/12.

Let’s get ready to rumble and compare the results of the first month!

Battle of the Bots series pt. 1

In the chart the blue line represents Power of Pi, the orange line Top 10 Balance 2 and the grey line Sweet Orange Mia. The chart shows a steady growth of all three bots until Nov. 21 (day 22 in the chart), mainly because of positions in Bitcoin. On that day altcoin prices, that lagged behind Bitcoin’s growth, exploded and Top 10 balance 2 took advantage with it’s position in the 9 highest volume altcoins besides bitcoin.

All three bots suffered heavy losses on ‘correction day’ Nov. 26. None of them aborted positions in time. Top 10 balance 2 because it isn’t built to decrease positions, the other bots because their algorithms didn’t tell them to. The results in one month are incredible nonetheless if you compare them to an ordinary savings account.

Final score after the first month:

  1. Top 10 balance 2 by Dembots: +45,23%
  2. Sweet Orange Mia by Agga Technologies: +8,26%
  3. Power of Pi by Boosting Alpha: +6,16%

Will Power of Pi regain it’s leading position which it held for most of the month? Will Sweet Orange Mia continue it’s steady growth path and beat Bitcoin in the longer run? And will Top 10 balance 2 be able to hold it’s lead when the market stagnates? More in next months update.

Tomorrow the second battle in the Battle of the Bots series with three new bots. Let me know if you like the battles, or if you have any tips or requests.