His answer was no (fine) but a quite arrogant answer.
this is quite a large part of the issue - how much in
BTC or USD are you going to trial it with bud?
Just 0.075btc,
Which means that if he can do 9%
the calculus will be : 0.075*0.09*0.7 = 0.004725 -0.00134 (VPS invoice) = 0.00338 * 7500($/usd) = $25 profit.
Not crazy, but from a $560 investment it is %4.5 ROI in 1 month.
in my case, if the bot is not making at least 2.5% / month I am losing money.
I'm just curious: he is lying about having a bankroll of (now) 900+ BTC and lying about the importance of his "backtest data" (its zero) - he was also lying about an exchange API key being able to act as a private key - aren't you curious as to what else he may be lying about?
According to him, his current real bankroll is about 10 BTC,
He was using a 100 BTC initial "test" bankroll on a testing account. And that is what he is/was using to advertise the 900% ROI.
The confusion about API being private keys come from the fact that (my guess), in his mind, you can store crypto on an exchange (this is a bad idea !!). And since the API can give you a backdoor access to the funds held in the trading account, it acts sort of like a private key.
Obviously he is wrong, his terminology is wrong, but I can understand the analogy. Not too far fetched.
If i was to explain to my grand parent what an API is, I could potentially use the same type of explanation.
He obviously doesn't hold the truth in high regards.
I for one wouldn't support anybody who is so brazen and blatant in their lies, but that's just me.
I am not supporting him, nor defending him, I'm just staying open minded and going to try it for a month or two.
At this stage, I'm going to take part of the experiment, this doesn't mean I vouch and or support the bot or the OP.
I just want to make a few % or lose and red tag him.