Cryptohopper Case Study
Cryptohopper Case Study
Aim: To automate profitable alcoin trades using the Crypto Hopper platform taking advantage of the volatility of altcoins.
Progress: 5 days in. Start date - 25th Nov 2017
Ease Of Use
What is CryptoHopper?
Cryptohopper is a relatively new platform that facilitates the automation of trades on numerous popular trading platforms.
If you absolutely suck at trading like me then you're going to appreciate what the platform has to offer.
Everyday alt coins continuously fluctuate and can be highly profitable to hold onto but also to short trade. Cryptohopper solves the most difficult part of trading. It alleviates the need for you to buy, sell and execute trades at the right time.
Most importantly it does this based on signals and various settings. You can use your own or the tools intuition from historic trades to determine the right settings.This is called
Let me explain...
Simply put CryptoHopper is the only tool you’ll need in your arsenal to make profitable trades.
It does all the work, you take all of the credit. The way I like it.
There’s numerous strategies you can use with the tool, from accelerated profit through short profit gains and trades right through to holding for the big 50%+ wins. You can even test these strategies out simultaneously on different coins.Trading is all about timing, reading signals and knowing when to take profit. The software takes the greed out of the equation that goes with natural human instant to increase profits.
Trading is all about timing, reading signals and knowing when to take profit. The software takes the greed out of the equation that goes with natural human instant to increase profits.
- Day 1 Investment: $500 - Nov 25th 2017
- Day 5 Return: +4% - Nov 29h 2017
- Videos to follow
How Do I Get Started?
If you'd like to get started on your own hopper journey, it's a relatively straightforward process.
Firstly, you're required to pick an exchange that you prefer to trade with. I chose Bittrex. The options are the major exchanges including Poloniex, Kraken, GDAX and Bittrex, at the time of writing. I presume they'll add more in the future.
Secondly, you'll need to get the exchange API key and secret, all of which has videos for each of the exchanges. This takes less than 2 minutes to setup even if it's your first time hearing what an API key is.
Once you sign up, there's a relatively intuitive academy section teaching you the different aspects of the site. I wouldn't do them justice explaining them all here.
Lastly, ensure you configure your config settings correctly to get the most from the system. Within an hour you'll start seeing the hopper in action and making trades on your behalf.
Warning: It's addictive
This is by far not a get rich scheme and you could lose money, so factor this into how much you'd like to trade.
Step 2: Join the Facebook Group Here
Step 3: Bookmark this page for updates.