With the market hitting correction period, it will be interesting to know how the team is going to adapt their services to the currecnt market reality
Very very interesting! Maybe in the past the bot worked better than now because at that time we were in a trending period... Bullish trending. The price tend to move upside longer.. While in the correction periods like now is a bit harder to play the game. The market still volatile but the movement to the upside is very limited.
The Problem right now is the "on top of a pump" Pings...
there are many pings who works good... but a few in the last days are on top, and after ping, price is just falling...
so i think @CryptoPing has to work on the algorithm
That's because what they are doing is technically a deficient procedure. It's not a prediction. It's just a reaction to unusual price and volume jump. At the time you react to that move, you may be already late unless the coin is really doing a big jump. The numbers on the website does not reflect realistic profit unless you use another trading bot which reacts automatically really fast to these alerts and also simultaneously put some measures (stop loss orders) to prevent the loss. If you are trying to do manual trading with these alerts, you are likely to lose money.
Don't misunderstand. I personally really like the idea. It's really great, but I think implementation is not really the solution. That's why I am trying to build a different way of doing it.
Also, note that all my observations and reflections are based on Poloniex, as I am not watching others.