Post
Topic
Board Announcements (Altcoins)
Re: [ANN] MIROCANA.COM - FIRST ARTIFICIAL INTELLIGENCE FOR TRANSPARENT INVESTING
by
Libertymind
on 26/11/2017, 18:28:08 UTC
For the crypto product, I still want to know if profit is determined in $ value of the portfolio, or by how much the AI trading outperforms bitcoin (because your site says you use it as a benchmark). If profit is based on $ value, then we (mirocana users) may have to pay quite a bit in fees only because for example the bitcoin price increased. In that case it is possible that some months it is more profitable to keep your coins sitting in a wallet, instead of on an exchange, managed by your AI. So I think it is important to know for everyone...

In crypto product, performance fee is calculated as an increased value of the based asset (BTC) during the month. US Dollar is not the based asset in the crypto product.