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NeverKnower
@neverknower
GM, Farcaster! I like the idea of this network, but that's really hard to get any initial traction here 😅 So let start again. Let me introduce myself. I'm experienced Golang developer. And I've in crypto since ~2017. I always like crypto, but almost all time I was trying to get quick gains. As a trader, or as a programmer.
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NeverKnower pfp
NeverKnower
@neverknower
I wrote bots back in 2017. There was BitFinex exchange the most popular those days. And it had quite good API, with websockets for ticker prices. So I just wrote bot myself on Golang. It was just for fun, but ofc I had some genious idea how to get profit from the market. I tried different things. It was just trading bot - it analyzed graph pattern and trade using some rules. I tried to adjust that rules. I backtested it on historical data got from BitFinex. And at some point it started to show pretty good numbers.. but only for that data I was testing it for. On other coin, for example, numbers wasn't so good. It's called overfitting - I learned it on practical way :D
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NeverKnower pfp
NeverKnower
@neverknower
Then I was trying to write arbitrage bot. In different ways - arbitrage inside one exchange but different pair. Arbitrage between exchanges. It definitely can work and get profits. But I spent 4-5 months on that, got tired and then realized I need to spend about 1 more year probably to make it work, and that's without any guarantee of success of course. It wasn't something I wanted to spend my next years with, so I stopped doing that.
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