How to use predictors

Investment Diary

For 15 January 2021

Taking profits

It seemed clear from the performance of the minor coins in my collection, the top 30 as collected by HodlBot with a number of exceptions for unreliable performers, that setting profit-taking at 2.49% might be too high. I therefore changed after 2pm, when the U.S. markets started up, to set the profit-taking at 2%, therefore selling when it dropped back to 1.5%.

Not counting on automation

Earlier I checked why cryptohopper was holding onto coins I had set to sell before they lost 1% in value. I discovered that the basic configuration setting were not carrying over to the instructions on the dashboard coin info section. I therefore rebalanced the coins in hodlbot and went through them one-by-one on the dashboard to set the profit-taking and stop-loss indicators to the 2% I mentioned above, and will be watching the results.