Search content
Sort by

Showing 20 of 22 results by bitfolio_dot_io
Post
Topic
Board Project Development
Re: Join our (free) Private Beta! BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 20/07/2020, 22:44:09 UTC
I created account to test it but I don't understand how do you pay people for running paper portfolio.
Maybe you need to create some tutorial and instruction page with more information.
Thank you! There aren't many live strategies to follow right now, but the list of available ones is at bitfolio.io/ .

I'd encourage you to run your own portfolio, and you can start getting subscribers of your own  Smiley
Post
Topic
Board Project Development
Re: Join our (free) Private Beta! BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 20/07/2020, 18:38:58 UTC
More good news - pure limit orders are now supported as well. This means that almost all of your strategy can be automated, and your followers will still receive notifications when the orders are executed.

As always, we'd love your feedback. Use the code "BitcointalkFriends" (caps sensitive, no quotes) at signup for full platform access. Ping us here or on Twitter if you want to talk!
Post
Topic
Board Altcoin Discussion
Re: Technical analysis won't help you find the next 100x
by
bitfolio_dot_io
on 20/07/2020, 17:39:27 UTC
I agree, it definitely can be useful. I think part of the problem is the sheer volume of technical analysts out there, and how basically any conclusion can be supported by drawing the right lines. And since each one is fighting for a limited attention pool, they all predict 100x coins with far more frequency than they actually happen.
Post
Topic
Board Economics
Re: Minimum volume to significantly change an altcoin's price?
by
bitfolio_dot_io
on 20/07/2020, 17:33:40 UTC
I'd look at the order book and check the cost it'd take to move it up in price by a few %...

If you can kick-start a move you can at least arbitrage with it.



This is a great strategy! Unfortunately since we're just a paper trading platform, we're looking for more of a one-size-fits-all solution without constantly syncing the entire orderbook of each asset. But we may end up doing something like this if all else fails.
Post
Topic
Board Altcoin Discussion
Topic OP
Technical analysis won't help you find the next 100x
by
bitfolio_dot_io
on 20/07/2020, 17:21:02 UTC
TA may be good for finding entry and exit points for established coins, but not for finding which ones are going to moon next. For that you should be looking at macro indicators to get ahead of the news. But y'all aren't ready to have that conversation.
Post
Topic
Board Economics
Topic OP
Minimum volume to significantly change an altcoin's price?
by
bitfolio_dot_io
on 20/07/2020, 17:11:31 UTC
Wondering if anyone out there has done research on this. We're trying to figure out the smallest market cap coin we can give people access to on our paper trading platform while still accurately simulating market conditions.

So far, our VERY ROUGH model (for coins within a certain volume range that we can't share yet) is that every incremental 10% volume traded above average volume leads to a 2 * .8x *  10% price change where x is each 10% interval.

So 10% above average = 2*.8*.1 = 16% price movement, 50% above = 2 * (.8*5) * .1 = 80% price movement. Has anyone else looked into this?
Post
Topic
Board Bitcoin Discussion
Re: Should we invest in a bitcoin exchange?
by
bitfolio_dot_io
on 14/07/2020, 22:21:22 UTC
Trading is a whole different game from exchange operations. Exchanges make money by charging a small transaction fee on each trade, regardless of the direction. So their whole business model is securing volume (i.e. number of traders), which requires domain expertise in marketing, security, partnerships, and technology. Whereas a trader's only interest is making a winning bet, so the only domain expertise required is market analysis.

There's a reason white-label exchange source code is only $10k. Requires millions more to actually make an exchange a successful business.
Post
Topic
Board Altcoin Discussion
Re: Bounty Managers and Shit projects
by
bitfolio_dot_io
on 14/07/2020, 22:13:05 UTC
It's kind of like any other marketer. Do the people who make ads for insurance companies believe the insurance is the greatest coverage in the world? Conviction in a project helps, but is usually secondary to the paycheck.
Post
Topic
Board Project Development
Re: Join our (free) Private Beta! BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 10/07/2020, 04:04:26 UTC
Hey all, updating here: we just added the ability to create automatic stop-loss and profit-taking levels! We'd love to have you join the social trading revolution with us  Grin

Have a feature you'd like to see? Ping us here or on Twitter.
Post
Topic
Board Bitcoin Discussion
Re: Ponzi / Pyramid Scheme / Bubble
by
bitfolio_dot_io
on 22/06/2020, 21:56:33 UTC
Until its value is pegged to something more fundamental than speculation, it will simultaneously be a Ponzi scheme, a bubble, and an investment opportunity. Which makes it very interesting and gives people from all sides plenty of ammunition for an argument.
Post
Topic
Board Altcoin Discussion
Favorite project that is still going after a 2017 ICO?
by
bitfolio_dot_io
on 22/06/2020, 17:57:19 UTC
Tons of money was raised during the 2017-early 2018 ICO craze. Every project promised to change the world, and it seemed like most of them either collapsed or exit-scammed. Which ones have actually been using their money to build the last 3 years, and have something to show for it?
Post
Topic
Board Altcoin Discussion
Re: Altcoins vs. Stablecoin: which is more suitable for merchant crypto payment?
by
bitfolio_dot_io
on 19/06/2020, 23:24:20 UTC
Depends on what you're looking for. Some people like to be paid in BTC or ETH because they like the speculative side of things and believe the crypto ecosystem will gain value over time. Similar to if someone asked you if they could pay for something in Apple stock, and it would be up to you to decide if you thought that was going to appreciate in the future.

I personally really dislike stablecoins because the issuing parties are either sketchy (like Tether) or not prepared to do support any real volume (like GUSD). If you're gonna accept crypto, I would just accept that it means you are intrinsically bullish and take BTC and ETH.
Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Is ETH better than BTC for payment?
by
bitfolio_dot_io
on 19/06/2020, 23:18:07 UTC
⭐ Merited by coin-investor (1)
Technically it's better for payments because block times are faster than BTC. That said, both are still pretty speculative assets so the number of practical payments usecases are low and it's 100x easier to pay with fiat.
Post
Topic
Board Project Development
Re: Join our (free) Private Beta! BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 18/06/2020, 16:42:18 UTC
We just added a nice new feature - paper trading with XRP and ETH in addition to BTC. Long term, we'll be looking for a solution to simulate slippage accurately in alt pairs, but for now we added the alts with the highest volume so that slippage is less of a concern.

As always, use the code "BitcointalkFriends" (caps sensitive, no quotes) at signup for full platform access.
Post
Topic
Board Project Development
Topic OP
Join our (free) Private Beta! BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 15/06/2020, 18:48:52 UTC
Hi all, we've been working for the past few months to create BitFolio (longer explainer on Medium), a paper trading platform that lets anyone be a signals service. What we mean by that is as you build your live track record, other people are able to see its gains and can subscribe to its live updates for a monthly fee that you set. We would love your feedback!

Whether you are a crypto educator looking to expand your revenue channels, a professional trader who wants access to a deeper pool of trade ideas, or a hobbyist who wants to see how their portfolio would stack up in the real world, BitFolio has something for you. We are open for a semi-public beta test now, if you use the code "BitcointalkFriends" (caps sensitive, no quotes) at signup you will have full platform access.
Post
Topic
Board Trading Discussion
Re: Feedback on our project? BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 11/06/2020, 16:59:21 UTC
Hmm, this is more like project development area material.

I've read the article, you're basically something more or like tradelize and a lot like it, traders publish their moves, they can choose to hide their trades before a paywall, you take 20% commission the rest goes to the trader.
You're going to have a hard time getting both the traders and the ones paying for their advice, platforms like this have increased a lot lately but good luck with it!

Looks like a nice idea, I'd be interested in subscribing to others when that becomes available (as I don't have the time to do this sort of thing myself)..

I suck at trading and I even suck on picking who to follow for advice  Cheesy, so I think I will pass.
Reminds me how I've chosen to follow a racing tipster just from the point he missed 28 out of 30 predictions.

Sorry, I didn't see that forum section! And thanks for reading the article. Nobody said it would be easy Grin but we saw the fundamental problem that lots of educators are currently using some combination of Telegram, Twitter, and PayPal to essentially do the same thing. We want to create a trustable third-party where the trades can be verified, while serving as a discovery channel for people just starting to dip their toes into crypto. Growing the adoption pie and whatnot  Smiley
Post
Topic
Board Trading Discussion
Re: Feedback on our project? BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 11/06/2020, 00:34:07 UTC
Looks like a nice idea, I'd be interested in subscribing to others when that becomes available (as I don't have the time to do this sort of thing myself)... How's your competition, I'm not sure if there's much in this space already?

Also are you going to let the signallers pick their fee or do you give them a predetermined one (or is this too early to say)?

Thank you! The signallers set their own fee, which they receive 100% of (our platform markup is added in the form of a premium that the consumer pays).

There are other "mirror trading" platforms that even let you connect to an exchange, but BitFolio is only notifications meaning the trader has full decisioning power for how they want to use the updates. Maybe they want to mirror a trader completely, or maybe they want to subscribe to 10 different portfolios and weight the updates to make a mega-strategy of their own. There has never been a more exciting time to be a trader!
Post
Topic
Board Trading Discussion
Re: Feedback on our project? BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 10/06/2020, 22:41:22 UTC
how do i get paid for this
Easy - you run your simulated portfolio however you want. Other people will be able to see the performance but not the details of the trades. If they like what they see, they can pay a monthly subscription fee to receive live updates from you. The better your track record is, the higher the price you can charge.
Post
Topic
Board Trading Discussion
Topic OP
Feedback on our project? BitFolio pays you for running a paper portfolio
by
bitfolio_dot_io
on 10/06/2020, 17:24:10 UTC
Hi all, we've been working for the past few months to create BitFolio (longer explainer on Medium), a paper trading platform that lets anyone be a signals service. What we mean by that is as you build your live track record, other people are able to see its gains and can subscribe to its live updates for a monthly fee that you set. We would love your feedback!

Whether you are a crypto educator looking to expand your revenue channels, a professional trader who wants access to a deeper pool of trade ideas, or a hobbyist who wants to see how their portfolio would stack up in the real world, BitFolio has something for you. We are open for a semi-public beta test now, if you use the code "BitcointalkFriends" (caps sensitive, no quotes) at signup you will have full platform access.
Post
Topic
Board Bitcoin Discussion
Re: Share your stategy how to grow bitcoin
by
bitfolio_dot_io
on 10/06/2020, 01:03:49 UTC
Jump starting your own research with learning from others. That's why we started BitFolio, the crypto paper trading platform that allows you to subscribe to other users' live feed of trades.

If any forum readers want to test it out, use the passkey "BitcointalkFriends" (no quotes) at signup for early beta access. Hope to see some of you there!