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« on: August 15, 2017, 09:38:08 AM »
Thank you guys for your answers,
Yes, there is a lot to learn and I am in the process to do it. Now I have the same problem that you, Leetmor1, cashflow. That´s because all my btc are spread on a multitude of altcoins that has become on what I think are called “bags”. They are down, and not moving. When the bot sells some altcoin, it buy it back on one of the altcoins that are entered in the bot to trade. I think that the main problem is that I have too many coins and that they were chosen by unknown criteria.
Now I am learning that you have to choose well the coins and use some with a good volume,
I have decided to delete many of them from the bot and put a limit order to sell them in Bittrex. Still have to learn how to do that.
It is true, Mikethemagic, that there is a lot of information there, in the forum and out of it. I want to get all that info. At the stage I am in, the main problem is the confusion created by not knowing what data should I learn, in what order and where to find it. Anyway I am working out my way to get out of that confusion.
vytor31337, yes the bot won’t sell at a loss, unless the coin goes down to the number of security margin set in the box. It comes by default at 60. So if the coin comes 60% down it will sell at a 60% loss. Whatever the number you put (I have been learning a bit! Hahaha). Anyway, the problem is that even if the bot don’t sell at a loss, I am out of btc to trade, because it is all in altcoins not moving. They may come up, but when? And in the meantime I am out of the game. Another lesson learned. Better to leave some btc aside for situations like this. For the other question, I will send you a PM.
Well, life is a learning process. I try to use this as a lesson. Learn and get out stronger. The main mistake, looking backwards now, was to just trust on that I was getting a “magic” tool that won´t need any attention from me and left all the control on somebody else. The right way to go is get started with a small amount. Learn and get the knowledge to have control over it. Then put more btc into it.
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