Can Trading Bots Improve Returns
where are all the new investors from 2017's bull run did you know that most left why now let's make some educated guesses number one they didn't take profits during the massive run and got absolutely wrecked number two they didn't have patience the truth is i was new to crypto then i didn't have this channel and i wasn't experienced enough specifically in crypto to really have had some things figured out my hope is though that each of you makes better choices than most of them did in fact better choices than i did when i was brand new i didn't know how to tell a mediocre project from a great one and i also didn't know how to take profits during the parabolic run thinking it would just keep running as well as i let my emotions into my trading way too much because though i had 20 years investing experience i was new to crypto and i thought those rules didn't apply well today i want to bring you one of the channels sponsors during the month of october we accepted this partnership because what we love what they have to offer to you and we feel it really helps keep emotions in check for many as well as it has some very interesting aspects that i think will be golden during the bear run as well so i want to welcome mud rex to join us right after this quick intro join me rainmakers adult thank you for joining us now i hadn't heard of mud rex prior to um really about two months ago and i was unfamiliar with it and your team was great enough to spend some time really showing me what they had and what you've built and that was impressive actually before i took that meeting i took that meaning out of curiosity and i you know there was a 90 chance i was like nah this just isn't gonna work out um you know we've had probably about 150 um people reach out looking for sponsorships and we've said no to all but three and there's very specific reasons why we said yes to your project and i shared just a little bit of that a minute ago with the audience on that there are some things we like about mud rex now um for those in the audience that haven't heard about mud rex it will could you tell us a little bit about mud rex and what you've built and what you're working on absolutely right and actually to be honest going back to the the thing that you started off with a lot of people who joined the crypto in 2017 the reason why they left was because of all the three things that you mentioned right they they didn't know when to enter when to exit they didn't know uh and and they didn't know and they know how to control their emotions and take their profits and so on and so forth and then of course they didn't know which tokens or which project should they invest in and to be honest this was the same problem that i faced and and we eventually realized that this is a problem that's common with so many people trying to do trading in crypto and we felt that something needed to be done to solve for that and to solve for that we built up mudraks and the idea behind mudrex is to help simplify investing for traders and investors in crypto we've got two sides of the product one side of the product is a creator's product where we've created a very simple drag and drop no code editor that helps a lot of the traders amongst that are there on the audience and a lot of the traders out there who are trying to trade crypto create their trading algorithms without writing code now the beauty of an algorithm is that it removes the emotions from the system it of course clearly defines when to enter when to exit and and because we do it in a very simple no code drag and drop way essentially anyone can create an algorithm all you need is a simple rule that says when to buy and when to sell so that's one side of the product and of course the second side of the product that actually might be more interesting to a lot of the audience that's listening in into this ama would be the investing uh part so what we did is that we realized that there are a lot of great creators and a lot of great leaders out there who are creating algorithms what we did is we created a marketplace where all of these traders could publish their trading algorithms we would vet them we would make sure that they are appropriately risk managed and and there is consistent gains and so on and so forth available and then we made the entire performance history public so everything that you see on mondays is live completely transparent and it essentially gives the 1995 percent of people out there a very simple one click one button way to invest uh in crypto so that's the problem that moodlex is trying to solve we are building this layer that helps traders and investors invest in crypto for steady consistent long term gains and that's the only way you create wealth my friend you summarized it really well and that's what we saw when abhinav walked us through and did a video with shared the screen and showed us mud racks and i've not been a fan of bots another term for algorithms is trading bots and essentially they're just algorithms that you instruct where to enter and when to exit and the reason i haven't been a fan of them is because number one it's very complex for somebody who's brand new to do it and and most the things i've seen out there they have to be pretty good at programming in order to try to program anything so what i loved about what i saw with mud rex is that they can leverage from other people that have set up these algorithms submitted them which then get back tested and then they can see the performance of what it's been doing and then they can just say okay i want my portfolio i want to allocate this much to just follow that algorithm they don't even have to build it while they're building familiarity with it and doing it because what i like about algorithms over trading is it helps take the emotions out of it now specifically i'm not interested in throwing all my money into algorithms but part of it yes especially because there was another thing that as we were talking about he's like hey in coming soon we're working on this that you say you're interested in the dot ecosystem polka dots ecosystem or something you can put into this category and it will vest invest across the top things in that ecosystem and i was like exactly man these guys read my mind if i were to list what i wanted created in some kind of software or some kind of program it would have been exactly what you're already doing and so i was just shocked at that interview and afterwards my manager doctor and i we were talking were like wow really impressed with what they have didn't expect that at all and was like i think the our audience could benefit from this so let's definitely talk with them further so we appreciate all the time that your team put into the whole vetting process that we have because it's stringent and we just we say no almost every single time because at the end of the day credibility is important to me i make my money through crypto investing this channel is just a fun way that i can share and build an audience the most informed audience in all of crypto and so i'm just really careful what we bring to them yeah so i'm actually very glad that you put in so much trust in us and uh i'm i'm hopeful that a lot of the audience is listening into this this ama and this interview will be able to take out from from madrix as well uh but the the interesting thing though rain is is is what you said is actually right because what mostly happens is that mentally people have like a share of wallet and that that they want to keep across different different investing products and this is there across asset classes right like even if you invest in traditional assets what people do is that some amount of their money is in let's say in mutual funds amount of their money is in index funds some of their money is in in fixed income products like debt funds that give them close to zero risk but a steady return and what we've realized is that crypto is no different people are looking for these kind of products itself where on the one end people just want some products that will give you market risk market returns and very low fees and and that's the coin sets product that we've launched on the other end people want fixed income products where they can just put in money and get like a 5 10 annual savings return and on the third side people want market beating returns they want the volatility to be reduced they want high risk high returns and that's the main algos product that we have and actually i would i would love to show this these these products to our users if you think yeah we would love it if you could share the screen absolutely in fact i'm going to make my picture disappear so that everyone can see it let's see yes i'll just quickly share my screen and the great part of what i also showcase to the audience is actually our own personal company portfolio that's on there perfect i'm gonna have to make a shift to the screen they're not quite seeing unless you can move to the right i have part of the screen cut off apparently let me see i can fix that though can you guys see my screen now yes i'm just going to move it over it cuts off your picture a little bit but oh whoa whoa okay i'm yes we can see it we can't see you but we can see your screen okay no worries so i think the screen is the most important part here so let me first showcase to you what are we seeing over here so as you can see uh this is our company portfolio you can look at it over here it says team mudrex this is where we put in our own company's treasury money uh directly on our bots what we do is every single month we go out and pick up the top algorithms that are there on our marketplace and allocate a hundred thousand dollars of our own money and showcase the the strength of the platform right and as you can see in the last month essentially btc has been down i think about 500 percent and our and our algos or our allocation has made about six percent returns in the last 24 odd days and you can see there are we've allocated our funds across these seven algos some of them have made crazy 16 17 returns a few others have just broken even on on the other end there are some that are making loss as well and it is completely fine right it's never going to happen that all albums will make money all the time right and and we've chosen these from this publicly available marketplace and essentially what we do is we provide the simple straightforward platform that users can come in look at these different algorithms check out our various filters that we have for example there is a scoring system that we've created that helps people understand risk reward we showcase returns and since how long it's been running and of course we give a very very granular view of of how returns are and then if you click on any one of these algos you can go into much more details in much more depth and that helps you pick and choose and decide where you want to invest in so just to give you an example this algo vdt maximizer is an algo that trades on vt it's created by this trader called as bitcoin shelter and you can see how steady gains are here for for this algo you can see that it's it's done about 138 returns in the last uh six odd months that it's been live yeah it's been live for about 228 days so that's about seven seven and a half months and over here what you also see is like a complete public record of every single trade that this algorithm is done so so all of this helps build confidence all of this helps build reliability and familiarity in the minds of of users and so on and so forth so the investing process itself is very simple straightforward connect your exchange click on allocate funds we go out and showcase the balance available and in one click you can just go ahead and invest on these algorithms so this is the main first algos product uh that we launched and then as i said the new product that we are working on that just came out live is coin sets where the idea is that okay if if you don't want to invest in algos and you're in you're in the crypto markets for the long run then you typically do have some kind of a theme in mind right that you want to buy so for example you either want to just back the entire crypto market or you are just long defy or you believe that exchanges are going to be the next thing or you think that web 3 tokens are going to be the best right and in all of these cases what we have is this simple basket that you can invest in so let me let me showcase this basket for example this is a basket of the top six most popular nft tokens uh in in the world that we've created and we've curated and as you can see it's like an equity distributed portfolio of theta axi chiles and jamana right and as a user you can literally just one click and invest in in this coin set without requiring any overhead and what we will do is we will go out and buy all of these individual tokens for you in the background every single month go out and rebalance and make sure that if there are any new nft tokens coming in that are very popular they automatically get added to this basket which is essentially the beauty because at the end of the day we remember what we started with the promise of mudraks is that we want to take away the overhead of deciding where to invest deciding when to move from one to the other and deciding when do you book profits away from the user right just like how mutual funds and equities and indexes are done for the equities world that's the same thing that we won't do for the crypto world and that's the promise that mothrax is trying to fulfill today love it and i love this aspect of it too because that couples really well with what i think does well right so so during the bull run the general bull run i don't necessarily want to be in and out of positions all the time i'm okay with holding them long term so i'm looking for baskets right so i can diversify because though i know what fundamentally looks like a really good project i don't know exactly how it's going to play out in the coming month or two months or seven months and so i've been a big fan of diversifying across multiple ones now one of their questions the audience question i imagine would be well okay you said you can connect it to your exchange but what exchange can you connect this to is going through their mind that's actually an excellent question and and rain uh and you guys listening into this we we support nine of the world's largest exchanges so we support binance coinbase by bit dairy bid bit mex okay ex and ftx also now uh and for our u.s users we support coinbase us and coinbase pro and of course finance us and finance pro so effectively if there is a large exchange out there then then it's already connected with mother x and in case you are not live on any one of these exchanges then what you can simply do is also use our own wallets so what we've done is we've partnered and deeply integrated with binance where what we do is we provide the entire back-end security of binance and a front-end that's of modrex so let's say if you've got tokens on an exchange like kucoin and you want to still want to use modex all you can do is you just transfer your tokens onto madrax and use our wallets and our platform to do all the order execution when i say ours is actually finance on the back end is just our front end in the front right so this of course also helps makes perfect sense so yeah maybe i can get a list of the uh all the exchanges that you have access to though binance is a big one for those outside of the u.s that's really got a large percentage of the tokens out there for those inside the u.s binance.us can be connected through apis
as well as multiple other exchanges so then once they connect them up they really don't have to think about that again right nope and that that's that's the entire point connect your exchange pick your algo site and one click let it run we will take care of the entire overhead yeah it makes perfect sense cool um go ahead yeah so i think i think one more thing that i want to point out is that is that a lot of people a lot of times people think that what we are giving out is essentially free money right because you can come and just make money on an algo that makes a lot of sense for a lot of people just to come and invest but what i want to point out is like with all things in life it's not like you'll always make money and always make returns right you can see that there are some algorithms that are not performing well in a particular given market conditions but the point is that over time these algos consistently give returns and give gains and i think that patience is a is a virtue that that that's very easily developed using tools and products like mothers because they help you consistently grow your capital yeah now for the viewers who are newer to crypto and that means they may be newer to investing as well could you explain and i don't mean to catch you off guard with this question but why is it that professional traders often use algorithms and bots yes so i think one of the main reasons professional traders use algorithms in bots is a that they want to have a system in mind because as soon as you have a system in place that's doing these decisions your emotions don't get in the way and that is extremely extremely important because what you don't want is that you enter a position the market is suddenly dipping and just because the market is dipping and you're steering a lot of chatter around you that the market is going to crash you exit that position and move out right and and what you see is just a few minutes later it's going to recover and come back again having a system helps you remove all of these negative thoughts and gives you a system of when do you enter when do you exit when do you take profit and when you set up a stop loss and to be honest this system helps build consistency and consistency is actually what makes wealth in the in the longer run right like like the for the people who are relying on one-off bets to make a large amount of money in a vast majority of cases those those people actually end up losing money in the long run the people who end up gaining money and making consistent returns are only able to do it because they are consistently steadily always wanting to get small small small gains and compound those gains again and again and again perfect explanation now so what are the advantages of having some some of your money trading for you through algorithms versus handling them all yourself yes so i i am of course of the opinion that it's not like you should be putting in all your money on these algorithms and and there are reasons for that but the reasons why why you should put in at least some part of your money on these algos is because at any point in time the markets are moving fairly volatilely in the crypto world right and that volatility gives you the opportunity to make returns even when the market is not going anywhere when things are just moving up and down and up and down for example what's happened over the last month it's just been moving up and down and up and down that up and down movement itself gives you the opportunity to capture some gains and that's one part why you should be putting in money in the algos but i think the bigger reason why you should be putting in money in these algos is because they are extremely good at reducing risk so just to give you an example bitcoin in the last year has given us about 300 returns right but at the same time bitcoin in the last year has actually also seen its value eroded by about 30 at one point right we knew it went from 60 000 to 30 000 and now it's back at about 40 odd where it's still 25 down from its peak right and that's actually where algos help when there are large crashes like this they help avoid large dips just to give you an example when the entire markets crashed 50 60 in in april may and june mudraks and our own treasury fund only lost about six percent which is incredibly valuable right because every single money lost not lost is money that you can compound later and help grow and at the end of the day that resilience in that reliability is what helps create wealth in the long run so that i think is the single biggest reason why you should use i should put in at least some part of your allocation across algorithms because they help reduce volatility reduce risk give you steady gains they might not give you best returns or market beating returns but that's not the objective as well right the objective is to reduce risk that's where algo's coming well said now um are there any disadvantages to using algorithms for part of your assets yes of course so for example what a lot of time happens is that if you are just bullish in the longer run and you don't care about what's the price today or what's the price tomorrow or what's the price going to be day after tomorrow then you actually end up paying some fees that are unnecessary right so let's say if you're if you're buying bitcoin today so that your kids graduation could be paid off with its gains 20 years later and that's by the way the reason why i bought my bitcoin uh then in in that case you you idly don't care about what's going to happen with the price today tomorrow day after right and if you're using that bitcoin and allocated it to algos then you're paying fees and fees at the end of the day do end up being meaningful and active trading on the exchange also ends up being meaningful right and that all of that all of those losses continue to tend to add up and the other reason also is that to be honest let's even if you are allocating money to algos you are going to go back and constantly check and if you are going to look at it again and again that itself also causes some emotional stress right you might as well just let it be on bitcoin or better yet put it in one of our coin sets and let it compound automatically and let it grow right so so that's actually the reason why we created the coin sets product because algos are not suited for everyone or alcohols are not suited for all of your money a part of your money should be allocated for long-term wealth creation and value creation and products like coin sets are much better suited for something like that yeah what's great is i love how on the same page we are with everything that you've said i'm really picky about things and i look for efficiencies i've always been wired that way and that's what makes me probably helps make me particularly good at investing because prior to crypto i i used to do investing for a big firm and i would make all their acquisitions my job was to filter through all the stuff out there find the good deals and then negotiate the price and help them on their acquisitions and so i think i'm particularly wired towards where value is so as we were talking with avanov i was like i love the the feel of this company i love what they're offering and i feel like they're they're coming from the same perspective that i come from of really just creating a system that helps people do better because one of the challenges with investing is we're human and because we're human we get our emotions in the way and that leads us to make really dumb decisions and even though i'd had 20 years experience and that that helped but when i was brand new in crypto i thought the same rules didn't apply and i made many many mistakes and i was so much further behind than i could have been but i mean in truth you're always bad before you're good so what i liked about mud rex is it offers some options for people to look at to take some of the money out of the emotional decision making process that we as humans make while they give themselves a chance to get better and you know it's hard now when i see big dips like just two days ago the whole market was tanking and oh my gosh this chinese real estate company that none of us had ever heard of before is like defaulting on their loans and it's going to crash the chinese market which might crash the world and everybody was scared and probably you were tempted to panic sell and then two days later work great again and the truth is this emotional roller coaster plays out over and over and over again and so hopefully none of you got you know tempted to sell and then you missed this rebound that we've had the past two days on a lot of the alts not all of them but some of them and so it does take some of it out and puts it in to play in a different way now that doesn't mean you don't have to manage it i personally am going to be taking a lot of my profits during the bull run and putting them on the sidelines and things like usdc or usdt that's earning me a return because last time i got hit square in the face with the pullback and bitcoin did a retracement of like 85 percent which is still gigantic the problem was i was in the riskier alts and many of them retraced 95 to most of them being 99.5 percent getting hit with that kind of retracement leaves you a little bit scarred and jaded so probably i'm a little bit leaning too much toward the side of taking most of my profits and putting them on the sidelines as the market hits this parabolic move that i think is ahead of us but um and then i'm going to be having some fun trading it during the bear market another thing i liked i i figured this out during the later part of the last bear market was that when you come down to this flat bottom generally what happens is a lot of these alts they pop up and then they go back down and they pop up there's some news event and go back down and i i figured out okay so i'm going to buy things with fundamentals and then i'm going to set it up to automatically sell when it doubles and then buy back in when it goes back down and uh had a lot of fun doing that uh you know only caught a couple times of it because it took a while for me to see that pattern once i did and i thought oh great you know there's probably a way we could create a trading algorithm right through mud rex because you can create your own algorithms and they have this really intuitive interface that allows you to create that probably create something to do that automatically for me so that during the bear market i'm playing with part of my money now the downside of doing that is theta i totally did that with theta and i set it to sell half when it doubled and sell the rest of it when it like 2x well theta went from seven cents where where i bought it all the way to like fourteen dollars i sold it i sold it 14 cents in 21 cents right because i i had it automatically set up playing with that right and you know the problem is i had too much of my position in theta in there and even though i believed in theta in the long run i had a hundred percent of mine set to sell between those two numbers um so so there will be some fun times during the bear market and thankfully a lot of our audience understands that you don't want to just be here during this bull run and the great amazing gains that can still happen ahead of us but as well as take some profits and then be here during the bear market as well because not only can make some good buys but with little strategies like that it helps keep it entertaining that you can be making money even during a general down market yeah and in fact actually in my opinion in the bear the bare periods are where a lot of the core good stuff happens right because in the bull period it's all euphoria and it's there there is just so much happiness going around that people forget that we are in here for the building phase right all of mudraks actually got built in the last bear market we we started this off in october 2018 and now it's september 2021 three years later and we slowly steadily build out this product so that we are able to help uh give our users these wonderful gates yeah well awesome so um we'll get a link below in the description uh that we can put down there from you so now if users want to sign up they can just sign on that link you had mentioned before that you'll have like an extra special thing for them if they use that link to sign up could you tell the viewers about it yes absolutely guys so uh we'll be adding a link to this video down there and please do sign up using that link as soon as you sign up you get 25 extra credit that you can use on the platform for whatever you want that's like a welcome gift from us and rain yeah so by all means use that link to sign up and you know play around with that 25 see if you like it see what you're liking about it that way you can try it before you send over other funds and that way like every one of you play around with it and get the free why not get the free 25 gift and maybe if you play around with that and that alone could go to huge numbers and then if you're really liking it and you feel comfortable then you can move over more funds if you want yeah well great adult i really appreciate all your team's work in making this uh happen and it's been good speaking with you in person another thing that abhinav said that we really loved as we were considering whether to take on an additional sponsor or not is he said hey if your community ever has any problems we want that feedback and we don't mind if you talk about anything bad about the platform if you come across it because we'll take that feedback and make it even better i said absolutely yes we love that and we love that you're okay with it because like i believe this way too i don't mind when people tell me bad things in fact if you're hating this video or something's wrong with it or if it's not at least a seven out of ten if it's at least a seven out of ten give me a thumbs up but tell me why it's only a seven or an eight out of ten so i can work on it i'm new to this youtube thing i've only been doing this now for about eight months experienced investor yes but new to youtube also like you know if you're testing out the product and there's anything that you have wrong with it tell us what's wrong with it also in this video if you think this video sucks give me a dislike please tell me why it sucks in the comments below also really where a lot of our engagement goes between the crypto rain family is on the telegram channel and that telegram is down below here at crypto rain discussion you can join the bigger family as well as i have a link in the youtube video below and not just myself but many of our smart audience members are in there and they have amazing backgrounds and you'll find some really good engagement there though i will warn you any negativity and we will boot you negativity not from like having something go wrong that all happens but if you're like spamming like crap projects and just you know there's lots of spammers that just are like bots that that we have to kick all the time as well as like we prize that community like our family so if you're treating our family bad in there we'll kick you out because we don't want you part of our family one we want a positive family we so like if you're just a whiner or complainer in life you won't find happiness in that telegram group but if you're positive influence and you want to learn about this crypto space and do better join us there um well thank you abenov uh we really look forward to working with mud racks and i look forward to playing around with your system more myself so thank you for joining us and joining the audience today all right so i do appreciate the audience and all your time with us now i want to thank our other sponsor ether.cards um they have some amazing nft technology um if you're ready to level up your crypto game join us through subscribing as we get into analyze projects and how they do really well and i'm share with you how i think about things that turn my portfolio from thousands into millions and the system i share will work for you but before it can you have to understand it as well as how to look for undervalued projects and that comes through joining us on a daily basis all right thank you everyone here's our wrap for all of you who are rainmakers and part of the rainmaker family you know what this wrap is all about this really is to reinforce the principles that have made us successful came into the space chasing all the games chasing the pumps and all of the hype trains but like in life uh [ __ ] right before your good was taught to buy when it was boring like a rain making sure goodbye when it's down don't change the votes that i missed cause i always made a time in mind i set the one out cause i'm patient like that and i'll wait for the right time i sell when it's high i buy when it's low they call me rich they call me smart i'm just a rain maker running the show calculated investments suddenly with my heart the principles are simple but leaving a mark why when it's boring just gotta be smart i said when it's hyped like all the channels they pump it that's when i was selling got parabolic and dumping they call me rich they call me smart i'm a rain maker making my own start i'm with the future learning the past makes the time fly by years going so fast the game plan is mine i'll own it now when i reach the top hey it's asking me how cause i'm a rain maker investments i love and i follow what i've learned not relying on look um time is never better the time like the present is next five years is a gift and i'm feeling like heaven i'm committed to learn i'm studying to know that nothing comes easy but with knowledge to gain show sticking out this wrong consumer come i'm strong like that i'll let the others be fresh two years time the bulb will bring back the gains that makes it worth the effort cause here comes the rain so let's go rain makers let's make it all happen the goal with the hate they the haters be crapping i'm here for five years let's do this together the time is right the time could be better the call me rich they call me smart i'm a rain maker making my own start i'm with the future learning the past makes the time fly by years going so fast this game plan is mine i'll own it now when i reach the top hey it's asking me how cause addressing what to say when i'm wearing my crown they're chasing green candles like someone who was new i got a vision that was bigger helping me to push through i'm still human and sometimes it is rough and that's what makes me special simply i stay tough cause i'm a rain maker investments i love and i follow what i learn not relying on look you
2021-10-04 16:28