Post
Topic
Board Service Announcements (Altcoins)
Re: 🔥🔥🔥🔥🔥[GUNBOT] Automatic Poloniex Profit Generator🔥🔥🔥🔥🔥
by
densmirnov
on 24/01/2017, 18:08:50 UTC
I've spent some time, observing the changes of the balance of test account, which started from 1BTC. During the day balance fluctuated the following way: 1.00001403 BTC $891.02 1.01770708 BTC $937.32 1.01529220 BTC $938.35 1.02258050 BTC $944.26 1.02242041 BTC $945.75 1.02114248 BTC $946.51 1.02614192 BTC $943.87 1.01763922 BTC $938.54 1.00959781 BTC $916.68

So I came up with the following idea. Since we all are ultimately looking for the increase of BTC amount, why not add to the bot the function to keep track of the current value of 'estimated value of holdings' and once it reaches the specified value (e.g. set similarly as MARGIN_TO_SELL in params.js) trying to immediately sell all tokens via relevant market orders, fixing the profits and starting whole new bot cycle.

One of the advantages of this functionality is potential reduction of the damage caused by bitcoin/altcoin price surges followed by possibly long-term consolidation at new price levels. Also we are freeing ourselves from a bunch of sell-orders, which can be frozen for a couple of weeks until price gets back to necessary values.

What do you think?

lisk ~