A couple months ago I shared my service in several crypto subreddits. Redditors are extremely skeptical about crypto services and for good reason because we are better informed than the general public!
Some of you thought I was a scammer. So let’s share a new update on how I’m doing. I have to admit, when I shared my reddit post I didn’t have much personal information about myself as I was not sure if I’d wanted to be public with my information yet. I couldn’t use Ryan Gosling because he already works in another crypto company unfortunately [https://www.independent.co.uk/life-style/gadgets-and-tech/news/ryan-gosling-cryptocurrency-scam-miroskii-kevin-belanger-stock-image-fake-profile-bitcoin-a8240386.html](https://www.independent.co.uk/life-style/gadgets-and-tech/news/ryan-gosling-cryptocurrency-scam-miroskii-kevin-belanger-stock-image-fake-profile-bitcoin-a8240386.html).
Since a few weeks I decided to link my personal information and received much better conversion and feedback. And how better to disarm me being a scammer by announcing I actually lost money last month. I’ll come back to discuss the performance more in depth in this post. First a bit of what went on last couple weeks.
I started writing on Quora about Bitcoin and cryptocurrencies as most sites are blocking crypto ads. And I’m now proud to announce I’m a top 10 writer on Quora for Bitcoin, virtual currencies and cryptocurrencies.
So from within 2 two weeks I went from 1 customer to 8, 3 waiting to be connected, over 50 verified signups, and many warm leads in the pipeline. From managing $10K to almost $50K now. I manage micro funds, between $1K and $10K so $50K is a big deal in this context.
I’ve always followed crypto on reddit and I feel there will be many more here interested in the service if they knew about it.
**So let’s talk about performance.**
I lost around 6% last month and is the second consecutive month with losses. The reason is that the automated strategy I developed is based on lagging indicators, or trend following. Since the market is so flat, it is the most challenging period now. Causing micro losses and more trades than we usually do. They are within spec from backtest data dating from 2014 though. I took some action by using a multi-strategy approach that switches between trending and ranging markets, but might opt for another solution if November keeps being flat.
However I expect some more volume and volatility with the upcoming Bakkt launch so since it’s within spec I’m not taking measures yet. The strategy is a long term strategy so 1-3 months is nothing.
I want to be transparent with my numbers and even though it’s not a lot fun updating the number on my home page when it’s going down, it’s also an essential part of trading. Every trader seems to be able to make money, leaving out their losses conveniently. I don’t, no sugarcoat, no bull shit. Real buy and sell prices and I will also begin to share the average actual slippage between advised prices and actual filled prices from the trading servers.
So there’s that. If you have concerns, or questions just leave them in the comments.
And if you are interested in my services, head out to [coinbakers.com](http://coinbakers.com/). I work on a no profit no pay basis. You can find my performance and backtest results here [https://coinbakers.com/results](https://coinbakers.com/results)
Since I always gained from the reddit community I’m want to give redditors a 3% discount on my commission rate. If you’d like to make use of this offer just pm with your registered email address. Looking forward working with you!
Be safe and always do your own research.
P.S. I’m linking to some of my Quora articles, some of you might find them interesting
[**Is bitcoin starting a bull run in November 2018?**](https://www.quora.com/Is-bitcoin-starting-a-bull-run-in-November-2018/answer/jason-wen-3)
[**Is it true that HODLing cryptocurrencies will get you nowhere?**](https://www.quora.com/Is-it-true-that-HODLing-cryptocurrencies-will-get-you-nowhere/answer/jason-wen-3)
[**As the crypto currency price keeps going down this year, why do some people still invest in it?**](https://www.quora.com/As-the-crypto-currency-price-keeps-going-down-this-year-why-do-some-people-still-invest-in-it/answer/jason-wen-3)