Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ✶ ARBIDEX ✶ MOST WANTED TRADING PLATFORM OF ALL TIME!
by
Justenjoy1903
on 31/10/2018, 05:45:00 UTC
On 21st September Arbidex pushed forward their new "promising" hybrid arbitrage. Results? Daily returns decreased by -59%, 5 out of 17 days at a loss and 1 out of 17 day at 0% gain, with highest daily loss recorded at -1.126%. With the old system (looking at the 2 months data before the forced intro of this hybrid arbitrage), average daily gain was much better and NEVER recorded a daily loss. Why the hell did they force this upgrade if it performs so badly? Couldn't they just leave the normal instant arbitrage and introduce a SEPARATE service/wallet that dealt with futures for those users that wanted to diversify their risk profile with futures? Why did they go and break something that worked well and forced it on their users, without choice/notice/data/explanations? And based on what? No mention of simulations being run on historic data to justify the goodness of this new hybrid arbitrage investment strategy, nor of its results. Again: -59% vs previous versions. From average 0.22% daily (July 20-september 20) to 0.0919% daily (september 21-october 8/today). Increasingly disappointed on this company's choices, from communication to transparency all the way to business decisions.

That's why its good to  keep a few thousand of ABX for future use, once development is completed and the arbitrage function is working very well. Still keeping an eye on this platform and gonna give it a shot once good reviews  from users starts to kick in.