Algorithmic trading is a technique of executing a large order (too large to fill all at once) using automated pre- programmed trading instructions accounting for variables such as time, price, and volume, to send small slices of the order - technically called child orders - out to the market over time. They were developed so that traders do not need to constantly watch a stock and repeatedly send those slices out manually. Algorithmic trading is not an attempt to make a trading profit. It is simply a way to minimize the cost,market impact and risk in execution of an order. It is widely used by investment banks, pension funds, mutual funds and hedge funds because these institutional traders need to execute large orders in markets that cannot support all of the size at once. this form of trading can also be referred as automated trading.
The vast majority have a hard time benefiting when trading digital currencies. This kind of trading is profoundly convoluted because of extraordinary instability and highly manipulative market. Newcomers with a lot of will and very few skills stand to lose a lot of money. A significant number of them are continually pursuing the crowd and following patterns of cost spikes sometime later, rather than the brilliant lead of purchasing low and offering high.
As an algorithmically traded cryptocurrency, holders of Optitoken will be exposed to 24/7 trading through code developed with the strategies used by professional traders in a portfolio of established and manually selected cryptocurrencies. The algorithm developed for this kid of trading takes advantage of price swings among a select group of tokens, known as "The Basket," made up of a variable number of coin(s) deemed statistically or categorically undervalued. They will also be established and growth driven projects with high upside potential based on several factors based on past trends of growth and/or market averages. It will also take into account token supply and market capitalization.
The project aims to create profits from this ongoing series of trades and infuse it into the market(s) of OptiToken itself to provide constant sporadic upward price pressure. The tokens purchased are then destroyed by sending them to an unspendable address to create ever growing scarcity in the token supply and avoid the tokens from re-entering the ecosystem as ‘sell pressure.’ The remaining OptiTokens held by the cryptocurrency’s adopters will appreciate in value each time this cycle occurs.
Initial Coin Offering
Sale Period: Q2 2018
Token Type: ERC20, Ethereum Blockchain
Maximuim Supply: 280.000,000 OPTI
Available for Purchase: 196,000,000 OPTI
Hard Cap: 24,000,000 Euro
Soft Cap: 225,000 Euro
No new coin will be created or mined after ICO is over, All unsold tokens remaining will be destroyed.
Team
Sean Donato
Founder and CEO
Professional trader since 2013. Founder of Bitcoin Trading Lab
John DeGiacomi
Business Manager & Asset Pricing
Sebastian Richard
Senior Software Engineer
Full-Stack Developer
Himank Varshney
Marketing and Analytics
For More Information Contact
Website:https://optitoken.io//
WhitePaper: https://optitoken.io/White_paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2974794.0
Authored: Prince Dikeogu
My EtherWallet: 0xeb56E4620496A91Bbc710257f8FCe80de4B1FeC9