What is CryptoBot?
CryptoBot is an automated trading system for Robinhood crypto currencies. CryptoBot requires real Robinhood credentials in order to work. Currently, we only simulate the automation of trading. CryptoBot looks at the market price of each crypto currency supported by Robinhood. We work a little different that Robinhood as far as prices goes. When not investing yet, We look at the ask price, since this is what you actually paying for per share. When you are invested, We now look at the bid price because that's what you are getting for per share. This automation happens every 5 seconds with a number of attempts associated with each account. You can only simulate one crypto currency per a Robinhood account.
Invest your money
The investment simulation is currently enforced for the sake of trial. No actual buy or sale of any kind happening while using CryptoBot. The number of current stock prices are actual updating every five seconds. This simulation help you decide whether automated investment is profitable or not. Every five seconds, we get an updated quotes per each currency. Each account will go through a number of attempts and logics before buying or selling shares. After a number of attempts the system will decide whether it's a good time to buy or sell depending on the peak and low price of the currency.
Watch your investmentThere are several values we watch for when automating crypto trades. Current price: We look at the ask price as long as the money is not ivested yet. When the money has been ivested the prices will differ on the watch page because we now stared looking at the bid price. Peak and Low, Those values updates whenever there's a new trade(buy/sell). And those are important numbers used by the system. Purchase price, Is the price in which the request to buy happened at. This price is an ask price. Purchase volume, Is the amount of money for the crrent/last purchase.