Re: "HCP's ongoing experiment of the BotHIVE.io Trading Platform"
My biggest issue with these charts and the "10000% ROI" claim... is that it is obviously all "backtest" results... (and labelled as such, so credit for that at least!)
The bot and platform were only available from around April this year. So this historical data going back to the beginning of 2019 is obviously not representative of what an actual user would have received if they had invested on day 1 of it actually being available to users.
When I switched to Manticore around 1st May... I was around -0.009 BTC from where I started started on the new platform... which would have meant I started using Manticore with a "bankroll" of ~0.0344 BTC... today, I am at 0.047306 BTC "bankroll"...
So, it's made approximately ~0.0129 BTC since the start of May from a starting balance of 0.0344 BTC... which is about a 37.5% increase over basically 4 months (with a couple of big 30% losses inbetween)... which is obviously nowhere near this mythical 10000% return.
I'm just glad I switched bots...
The bot and platform were only available from around April this year. So this historical data going back to the beginning of 2019 is obviously not representative of what an actual user would have received if they had invested on day 1 of it actually being available to users.
When I switched to Manticore around 1st May... I was around -0.009 BTC from where I started started on the new platform... which would have meant I started using Manticore with a "bankroll" of ~0.0344 BTC... today, I am at 0.047306 BTC "bankroll"...
So, it's made approximately ~0.0129 BTC since the start of May from a starting balance of 0.0344 BTC... which is about a 37.5% increase over basically 4 months (with a couple of big 30% losses inbetween)... which is obviously nowhere near this mythical 10000% return.
I'm just glad I switched bots...