Hey there, everyone!
Today i'm presenting to you: Slingshot Ultimate ( download hyperlink - only usable on Cryptopia )
If you have any questions, feel free to join our Discord Group (click me) .
You might ask yourself 'What is Slingshot Ultimate?', so I have prepared something for you guys, already.
About Slingshot 5 ( links for visualization are down below ):
Slingshot 5 is a stable profit system for trading cryptocurrencies on the Cryptopia exchange. How it works / Analogies:
- You can enter a list of coins you want to trade against BTC or let the system automatically choose the top 50 high volume markets. You can enter an “exclusion” list as well: coins that slingshot will never consider.
- When letting the robot select the top 50 markets, the trading strategy is similar to a shopping store, buying high quality (or highly wanted) products at low prices and selling them at higher prices.
- When choosing your own coins, you run the risk of picking low volume coins that may be scam coins, or coins that will become delisted.
- I recommend if making your own list, to select high volume coins that have been around for a year or more. At least six months. There are quite a few that get popular and just disappear.
- Depending on your account size, the robot automatically calculates how many markets, trades per market, percentage price falls for buys. As of Slingshot 4 you manually enter the minimum profit per trade, the “rise” percentage.
- As prices move down, Slingshot places sell orders relative to the previous sell order, by the “fall” percentage automatically calculated from your risk and max number of trades per coin, forming a grid, each for a minimum profit requirement.
- As prices move up, Slingshot triggers sell orders and you earn BTC profit. If there is no open sell order it will just place an immediate buy, if possible, and place a sell order some percentage you set above that
- Slingshot’s “Sell Healing Grids” ensures a minimum profit amount per trade and even spacing between sell orders. If the price suddenly drops by a huge factor, the bot will buy at each cycle until the grid is filled in, so the next pump or general trend up will be very profitable, since most of those sell orders will be for far better than expected profit.
- There is, as of version 5, a user defined “keep” percentage on altcoins. For example if you want to keep 10% of the coins you buy, Slingshot will sell 90% of the coins, making sure to respect the minimum profit percent, meaning if your “rise” percentage is 20%, but you are keeping 10% of alt-coin, then Slingshot will place the sell order 20% higher than (1/0.9) = 111.11%, or 1.11*1.2 = 133.33% the buy price.
No one can predict the future, so we are gaining insurance, in preparation for the future. It’s not a matter of “what” coin will be the next bitcoin, it’s just a matter of when some altcoins will be very valuable some day, so grab all of them! In small amounts as you grow the most important asset, BTC
- The risk per trade is now always 0.00005100 BTC, the commission is fixed at 0.00000100 BTC (100 “satoshi”).
This is why the fall percentage between sell orders is auto-calculated. On the smallest account, the system will find the exact percentage required to multiply by a price 8 times to bring that price down to around 5% its original value. We are creating an energy field that gets stronger and stronger, as the price drops, the potential for gain increases, and the likelihood of gain increases too. You’ll understand in the sell order grid picture below.
- Buys are immediate and sell orders are put on Cryptopia’s sell order list, if for some reason someone or another bot grabs the available coin a split second before us, the buy order is cancelled and no sell order is placed. The reason for cancelling buy orders and only keeping open sell orders is the strategy relies on immediate buys, and future sells.
What are the requirements?
- In order to trade the top 50 high volume markets, you should have a BTC balance of 0.0204. But don’t worry if your account is smaller! 0.0204 BTC can cover the minimum 8 trades per coin on 50 markets. Risk per coin would be 0.00040800 BTC but if for example you have only 0.01 bitcoin, then the robot removes the least high volume markets from the 50. With 0.01 Bitcoin you would be trading on the 24 highest volume markets. For one market the maximum risk with 8 trades is 0.00040800 BTC.
Here's a list of links that are needed/helpful in order to set up the bot:
Examples of 'Sell Order Grids' (Click me, im an img - no dl )
How do i set the bot up? ( click me, im an image - no dl )
Download Slingshot Ultimate ( Click me - mega.nz dl-link )
'What does my CMD look like when the bot's running?' ( Click me, im an img - no dl )
Need followers to earn Steem? Check this out: https://steemfollower.com/?r=3265
If you have any questions left, look at the links/images above first, if they remain feel free to ask me/us in our Discord Group directly ! :)
Greetings,
Kranich
Credits: Kudos to TriphiusFire and b3ck1 for doing a great fcking job :D