I built an AI crypto trading bot with $0.5+ billion trading volume. Ask me anything!
byβ’
Launched in 2020, at peak in 2021 managed $12.4M in assets, in total generated $550M in trading volume through CEX like Binance, Coinbase, and Kraken. All trades were executed by AI!
The project almost collapsed during the 2022 FTX crash and trading bot FUD!
A lot of lessons learned!
Ask me anything!
P.s.: today launching an AI DeFi product π
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Your project sounds very impressive and unique. Artificial intelligence has already reached the auction xD. I am sure that you have encountered many difficulties and challenges along the way. What are the most important lessons you have learned from your experience that you would like to share with others? I was very interested in this topic. Do you plan to use your bot for other tasks? How did you choose cryptocurrencies for trading and what factors influenced your strategy?
Is it still a good time to build in Cefi, or would it be overall a better idea to build in Defi?
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@romain_blumberger CeFi with all the regulatory scrutiny looks more and more challenging for builders. Also, CeFi market has gotten quite saturated. Building in DeFi is relatively easier and less competitive. The niche is still small with a lot of upside potential
What's the key behind a successful startup? Starting something is definitely not easy. π€
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@kronii__ouro right timing and good execution. 99% startups (especially in web3) now fail because the cannot execute on their promises. Work on your operational excellence
how do you start? and how do you choose a trading AI bot?
Btw 1CC is awesome
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@rifqisap 1CC actually started as a university project :)
You can choose an AI that fits your preferences and trading type
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Are DeFi trading bots possible? How would you implement AI to a self-custodial wallet, connected to a DEX?
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@mike_arteta DeFi trading bots are possible. You can either host a bot as a smart contract and give "access" to your funds on a self-custodial wallet.
Or you can make a separate smart contract (vault) which is managed by a bot. You will need to deposit assets to the vault for the bot to trade and withdraw when you want to take profit.
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One Click Crypto: AI + DeFi
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