In this era where technology evolves daily, AI (Artificial Intelligence) has permeated every corner of our lives, from smart homes to self-driving cars. But what if we told you that one of the greatest impacts of AI is actually in the realm of financial trading? Welcome to the world of ATPBot - a platform that seamlessly integrates AI with trading, genuinely bringing the future into the present.
Why is AI so pivotal for trading?
First and foremost, it's essential to understand that the trading environment is rapid, dynamic, and filled with uncertainties. Traditional trading strategies often rely on past data and human predictions. However, AI has the capability to analyze vast amounts of data in real-time, predict market trends, and make decisions within milliseconds. Such precision and speed are unmatched by human traders.
How does ATPBot change the game?
ATPBot is more than just a trading tool. It embodies a philosophy, a belief that by harnessing advanced AI technologies, every trader - whether they're seasoned experts or beginners - can achieve their trading aspirations.
High Automation: With no manual intervention required, ATPBot can autonomously execute buy and sell orders, ensuring you never miss any profit opportunities.Data-Driven Decisions: ATPBot employs cutting-edge algorithms to analyze market data in real-time, foresee future trends, and make decisions based on these insights.User-Friendly: Even though the technology inside ATPBot is intricate, its user interface is designed to be simple and intuitive, allowing anyone to get started in just a few minutes.
The Future is Here
Many believe that AI and highly automated trading belong to the future, but ATPBot proves that this future has already arrived. Whether you're an experienced trader or just venturing into this domain, ATPBot can assist you in gaining a competitive edge in this volatile market.
At ATPBot, we offer more than just tools; more importantly, we provide a platform to realize your trading dreams. Let's join forces, harness the power of AI, break the traditional boundaries, and usher in a new era of financial trading.

How would you typically react if your investment suddenly lost more than 10%?

A. Sell immediately to minimize further losses.
B. Do nothing and stick to a long-term investment strategy.
C. Buy more, seeing it as a 'bargain' opportunity.
D. Feel extremely anxious or depressed, unsure of what to do.

If you choose A or D, it generally means you are likely to be emotionally affected and are more prone to fall into the trap of emotional trading.

In the field of trading and investing, emotional traps are a common psychological hurdle that can have a negative impact on traders' decisions and performance. Here are some common emotional traps:

Greed
Greed makes people want more as soon as they see a bit of profit, often leading to over-investment or entering the market at inopportune times.

Fear
Fear usually appears when the market is unfavorable or asset prices are falling, prompting traders to sell off assets prematurely to avoid further losses.

Hope
When a trade isn't going as expected, people often harbor unrealistic hopes, believing the market will turn around to meet their expectations.

Revenge Trading
This is an emotional response where traders, facing losses, will immediately execute another trade with the hope of 'winning back' their losses.

Overconfidence
Overconfidence can lead people to take unnecessary risks because they are too sure of their trading decisions.

Attribution Bias
Attributing success to one's own abilities and blaming failure on external factors can impact the rational assessment of risks and opportunities.

Herd Mentality
It's easy to be influenced by the crowd when many people are buying or selling, neglecting personal analysis and judgment.

Fear of Missing Out(FOMO)
This psychology drives people to follow the market when it is bullish, often buying high and ignoring potential risks.

To avoid emotional traps, traders need to establish and adhere to a clear trading plan that includes entry and exit strategies, risk management, etc., and try to eliminate emotional factors from the decision-making process. Using tools like stop-loss orders or automating trading strategies can also be effective ways to control emotional trading. Some traders also engage in psychological training, meditation, or other methods to improve their emotional management skills.

Follow me, and I will guide you swiftly through the emotional traps.

It's because human beings are inherently emotional and psychological factors play a significant role in trading. Here are some primary reasons that contribute to traders' difficulty in avoiding emotional influences:

Physiological Reactions: Trading decisions involve the emotional center of the brain, and emotions are closely related to physiological reactions. Potential losses or high-risk trades can trigger stress responses, such as increased heart rate and sweating, which further impact traders' decision-making.

Pressure and Anxiety: Traders face market fluctuations and uncertainties, leading to pressure and anxiety. Emotions are triggered when traders encounter potential losses or missed opportunities for profits, affecting their decision-making process.

Greed and Fear: Greed and fear are common emotions in trading. When traders see profits, greed can make them overconfident and potentially lead to overtrading. Conversely, in the face of market losses, fear may prompt them to close losing trades prematurely.

Loss Aversion: People have a strong aversion to losses and often strive to avoid them, which may result in reluctance to admit mistakes or delay in setting stop-loss orders.

Cognitive Biases: Traders can be influenced by cognitive biases when processing information, such as overconfidence, excessive optimism, or excessive pessimism, leading to irrational decision-making.

Mental Accounting: Traders often mentally categorize funds into different accounts, such as investment accounts or entertainment accounts, leading to different emotional reactions to each account. For instance, facing losses in an investment account, a trader might attempt to make risky trades in the entertainment account to compensate for the losses.

Inertia: Some traders may be inclined to stick to previous trading patterns and are unwilling to adjust strategies or recognize changes in the market.

Herd Mentality: Market sentiment and others' opinions often influence traders' judgments and decisions, causing them to follow the crowd or blindly conform to popular beliefs.

Considering these factors, it becomes evident that achieving long-term profitability for retail traders is challenging, and even experienced traders may need a decade or more of trading experience to effectively mitigate emotional influences.

Is there an effective tool for retail traders to reduce emotional trading impacts? The answer is yes, and that's quantitative trading strategies. Quantitative trading relies on high-performance computers to execute trades, fundamentally avoiding emotional influences on trading outcomes.

Are there any recommended quantitative trading platforms?

ATPBot is the best choice for quantitative trading. Unlike traditional quantitative trading platforms, ATPBot uses AI engines to generate strategies with strong profit potential. Some advantages of ATPBot include:

Providing 24/7 automatic AI trading strategies: ATPBot's team develops and provides specific AI trading strategies that run continuously 24/7, covering both daytime and nighttime trading sessions. These strategies continuously monitor the market and make accurate trading decisions.

Experienced strategy modeling team: ATPBot's team has over 20 years of experience and manages nearly $1 billion in funds. They will utilize their expertise to design strategy models tailored to your needs.

Powerful computing support: ATPBot offers substantial computing power to assist in identifying optimal strategy configuration parameters. Through high-performance computing and optimization algorithms, ATPBot can quickly and accurately find the best configuration parameters, enhancing your trading performance.

Time-saving and emotion-free trading: ATPBot's goal is to save you time and eliminate emotional influences on your trades. With automated trading and AI strategies, you can leave trading decisions to the system, avoiding emotional decisions and human errors.

Complete transparency in fund management and trading information: Your funds will always remain in your exchange account, and ATPBot cannot access your funds, ensuring the utmost security. ATPBot only requires your trading permission API Key to begin automated trading. All trading actions take place in your exchange account, and you can monitor them at any time.

Strong profit potential: ATPBot's strategies undergo rigorous testing and optimization to ensure exceptional profitability in the market. ATPBot's actual trading results far exceed the performance of most funds and private investments in the market, providing you with higher returns and investment yields.

As a new generation AI-based quantitative trading platform, ATPBot stands out both in performance and user experience. Traders looking to experience the thrill of making money may consider trying ATPBot.

David Schwartz, Ripple's CTO, warns investors of a scam website that promises to give away XRP as scammers target unsuspecting users with false airdrop offers amidst the legal victory frenzy.

With XRP recently securing legal victories, fraudulent activities have been on the rise. Exploiting the excitement surrounding the victories, scammers are creating fraudulent websites to deceive unsuspecting users.

In a tweet that garnered widespread attention, Schwartz sounded the alarm about a specific scam website "holdxrp[dot]com" falsely claiming to offer a massive airdrop of 100 million XRP to Ripple users.

As XRP is now declared as non-security by the courts, the interest and positive sentiment in the cryptocurrency market are growing. However, this development has also caught the attention of scammers who are trying to take advantage of the situation for illicit gains.

Earlier this week, as reported by "Crypto Basic," a senior Fox journalist unintentionally attracted over 500,000 views to a scam account promoting an XRP giveaway.

The fraudulent website capitalizes on people's enthusiasm about XRP's legal victories and attempts to lure individuals into providing sensitive information or sending funds. It uses deceptive language, claiming that Ripple Labs will allocate more resources in 2023 to make XRP and RippleNet more user-friendly and accessible.

The website further impersonates Ripple's CEO, Brad Garlinghouse, falsely promising a substantial airdrop pool of 100 million XRP to celebrate the global impact of the digital asset and show gratitude to the Ripple community.

Ripple's CTO's timely warning serves to protect users from falling victim to such scams. He urges XRP holders to remain vigilant and avoid engaging with suspicious websites or offers promising unrealistic rewards.

It is worth noting that Schwartz has been outspoken about the rise of crypto scams within the crypto community. In March of this year, he shared his views on exposing scams on Twitter, balancing the need to protect users while avoiding baseless accusations against legitimate projects.

In conclusion, Schwartz reiterates on behalf of Ripple that the company does not conduct any airdrops, and users should exercise caution regarding any such claims from dubious sources.

In cryptocurrency staking is, from a user perspective, like being paid interest for holding a coin.

From a more technical perspective, Proof-of-Stake (PoS) is an alternative to the Proof-of-Work (PoW) mining model.

Instead of miners cracking cryptographic puzzles using computing power to verify transactions like they do with PoW, with PoS users with existing coins verify transactions in proportion to the amount of coins they have locked or “bound” in a staking wallet.

From a user perspective, all a person has to do is keep a certain amount of coins locked up for a certain length of time and they will earn newly minted coins (either the base coin, or a related coin). The length and minimum staking amount differ by which cryptocurrency we are discussing.

Without going into the details, in general with this method a person must stake a large amount of coins. Given this, people tend to join staking pools or more generally keep their coins on a platform that shares staking rewards.

A simple example of this is found with Binance. Binance offers staking rewards for some PoS coins including NEO, ONT, VET and NPXS. NEO produces GAS, ONT produces ONG, VET produces VTHO, and NPXS produces more NPXS.

Of course, there are more PoS coins than that, for example ADA has a staking system. So for ADA you would have to find a staking pool.

NOTE: There is no real risk to staking beyond these two points,

1. You have to keep your coins locked up, so you are vulnerable to price volatility, and

2. When it comes to staking pools you have to find a pool you can trust (any pool that is in charge of payouts requires you to trust a human at some level).

Have you ever encountered the following frustrations as an investor?

Market Volatility: The market often experiences fluctuations, and rapid price changes can cause anxiety and uncertainty for investors. The unpredictability of the market makes it challenging for investors to accurately predict short-term price movements, which can increase investment risks.

Information Overload: In the digital age, investors are bombarded with vast amounts of information and news. This includes financial reports, analyst reports, media coverage, and more. However, too much information can leave investors confused and overwhelmed, making it difficult to sift through and identify truly valuable information. Misleading information can also negatively impact investment decisions.

Personal Biases: Investors may be influenced by their personal biases and cognitive biases. For example, overconfidence, excessive focus on short-term trends, a tendency to chase hot assets, and other biases can lead to incorrect investment decisions and potential losses.

Choice Paralysis: The market offers numerous investment options, and investors may face decision paralysis. Selecting promising assets requires research, analysis, and evaluation, which can consume significant time and effort.

Emotional Influence: Investment decisions are often influenced by investors' emotions. Greed and fear are common emotions where investors may become greedy when making profits and seek higher returns, while fear may drive them to cut losses quickly when investments are in decline. Emotion-driven decisions can lead to irrational choices.

Uncontrollable Factors: Investments are influenced by numerous uncontrollable factors such as macroeconomic conditions, political situations, changes in laws and regulations, etc. These factors can have an impact on the overall market or specific industries, which are beyond the control of individual investors.

However, there may be a viable solution to all these challenges.

With the arrival of 2023, the investment industry is turning its attention to an emerging investment trend: AI-based cryptocurrency asset management. The rapid development of artificial intelligence (AI) technology and the booming growth of the cryptocurrency market have intertwined, offering investors unprecedented opportunities and challenges. This article will explore why AI-based cryptocurrency asset management has become the new investment trend in 2023, and analyze its potential and advantages.

Advantages of AI Cryptocurrency Asset Management

Firstly, AI technology plays a crucial role in cryptocurrency asset management. The high complexity and volatility of the cryptocurrency market render traditional investment analysis and decision-making methods relatively ineffective. However, AI, with its powerful computational capabilities and intelligent algorithms, can rapidly and accurately analyze vast amounts of market data and trends, identify potential investment opportunities, and provide data-driven decision recommendations. This AI-based cryptocurrency asset management can help investors better understand market dynamics, reduce risks, optimize portfolios, and achieve more robust capital growth.

Secondly, AI cryptocurrency asset management possesses adaptability and learning capabilities. The rapid changes in the cryptocurrency market require investors to be agile and adjust their strategies promptly. AI systems can adapt to market changes and new investment trends through continuous learning and optimization. They can learn patterns and regularities from historical data, swiftly identify market changes, and make corresponding investment decisions. This adaptability and learning capability give AI cryptocurrency asset management a unique advantage in addressing market uncertainties and risks.

Additionally, AI cryptocurrency asset management can provide personalized investment advice. Each investor has different risk preferences, goals, and needs. AI systems can offer tailored investment recommendations based on investors' individual circumstances and objectives. By analyzing investors' preferences, historical transaction data, and market trends, AI can recommend the most suitable investment strategies and asset allocations to help them achieve personalized investment goals.

However, AI cryptocurrency asset management also faces challenges and risks. Firstly, establishing and operating AI systems require a significant amount of data and highly complex algorithms. The quality of data and the accuracy of algorithms are crucial for the system's effectiveness. Additionally, AI systems may be susceptible to hacking attacks and data security issues. Therefore, before adopting AI cryptocurrency asset management, investors should thoroughly understand the system's security and risks and choose trusted institutions or platforms for investment.

Recommended Platform for AI Cryptocurrency Asset Management

ATPBot is the most powerful cryptocurrency asset management platform to date, leading the AI revolution in crypto investments.

The rapid development of the cryptocurrency market has brought tremendous opportunities and challenges for investors. As the market's complexity and volatility continue to increase, investors increasingly need robust AI tools to assist them in making informed investment decisions.

The ATPBot team recognized this problem in 2018 and began seeking more intelligent and efficient solutions. The team consists of individuals with expertise in cryptocurrency trading, AI algorithm development, and strategy modeling. Among them are experienced AI algorithm experts, private equity partners, and quantitative research analysts. They chose to develop an efficient asset appreciation method through a combination of quantitative approaches and artificial intelligence (AI) strategies.

In 2021, they collectively founded ATPBot. After extensive testing and development for over a year, they classified market directions, volatility, and risks using algorithms and conducted massive AI training. Based on the outputs of the AI system, they modeled investment behavior and developed alpha-generating strategies that will be evaluated using scientific methods. The platform has consistently outperformed the market multiple times.

Advantages of ATPBot

High Returns: High returns are undoubtedly the greatest advantage of ATPBot. According to the statistics provided by ATPBot, the expected average annual return for basic members is 197.46%. The return rates vary for different membership levels, with higher-level strategies achieving returns of 238.66%, 345.29%, and 483.28%, respectively.

Low Cost: Taking an investment of $100K as an example, ATPBot offers comprehensive cryptocurrency asset management services for a fee of only 10%. This includes 1-on-1 investment advisory, highly customizable investment plans, and real-time visibility of investment reports. These services, which traditionally require an investment amount of around $1M, are now accessible to investors with $10K or more.

Security: ATPBot only requires connection to one of your cryptocurrency exchanges to initiate full-scale asset management services. You only need to pay a minimal management fee to ATPBot. The cryptocurrency assets you use for investment always remain in your own account, fundamentally ensuring the security of your assets.

Transparency and Control: You can monitor your asset returns at any time, including asset allocation, profit and loss data, historical investment data, and more. You can modify your investment plan at any time, such as increasing capital investment or changing/terminating the plan. Throughout the investment process, all data is transparent and controllable for investors.

Efficiency and Precision: The biggest difference between ATPBot and traditional cryptocurrency investment platforms lies in its powerful intelligent decision-making capabilities and advanced quantitative trading strategies. ATPBot can not only analyze market data and trends but also continuously optimize trading strategies based on adaptive algorithms. This allows ATPBot to accurately capture trading signals and execute efficient trades. In comparison, traditional cryptocurrency investments appear inflexible and unable to cope with rapidly changing market conditions.

Self-Growth: One of the significant distinctions of ATPBot from other investment methods is its ability to continually optimize and adapt. ATPBot can self-improve and adjust investment strategies through continuous learning and analysis of investment results. It identifies effective investment patterns and trends while avoiding adverse market conditions and risks. This continuous optimization and adaptability enable ATPBot to maintain a competitive edge and improve trading efficiency and profitability.

Shortcomings of ATPBot

Due to the hardware arms race triggered by the AI boom this year, ATPBot has also been caught in the issue of expanding computing power. The limitation of computing power has had some impact on their development. The monthly investment plan has not been opened for a long time, which significantly increases the entry threshold for customers. For example, users with investments below $10K are highly likely to be unable to become ATPBot's service clients. This situation resembles the scene two years ago when the prices of graphics cards and hard drives skyrocketed due to crypto mining, and it is challenging to see improvement in the short term. Fortunately, as of the time of this writing, the basic annual investment plan is still available for only $999, providing one year of service. However, if the computing power issue persists, the availability of the basic annual plan may also stop soon. Interested investors should act quickly.

Summary

As a leader in AI cryptocurrency asset management, ATPBot possesses evident advantages compared to other investment methods. Its intelligent decision-making capabilities, advanced quantitative trading strategies, and continuous optimization and adaptability make it a powerful tool for investors. ATPBot can identify and execute trading signals, enhance trading accuracy and efficiency, and help investors succeed in the ever-changing cryptocurrency market.

However, despite the powerful features and advantages of ATPBot, investment still carries risks. Investors should remain cautious and rational when using ATPBot, making decisions based on their investment goals and risk tolerance. Investors should conduct in-depth research, comprehensively assess risks, and manage funds reasonably to maximize the advantages of ATPBot and achieve successful trades.

ATPBot is leading a new era of cryptocurrency trading, providing investors with more powerful tools and efficient trading methods. With continuous technological advancements, we can expect ATPBot to continue developing and improving, creating more opportunities for investors and bringing greater innovation and progress to the cryptocurrency market.

Have you ever dreamed of achieving investment returns that exceed your expectations? The compounding strategy offers a unique and powerful way to generate returns of over 500% within just one year. This article will reveal the secrets of the compounding strategy and show you how to harness its power to transform your financial situation.

What is the Compounding Strategy?

The compounding strategy is an investment approach that leverages the power of time value to achieve exponential growth. Unlike simple interest, the compounding strategy reinvests investment returns, generating more interest with each compounding period. This continuous compounding effect rapidly grows your funds, creating significant wealth.

How Does the Compounding Strategy Work?

Imagine you invest a sum of money and earn a 10% return. In traditional investing, you might separate the returns from the principal to use in the next investment. However, in the compounding strategy, you reinvest the entire return, allowing the next return to be based on a higher principal that includes the interest. This cycle repeats continuously, resulting in returns in each compounding period that exceed your expectations.

How to Apply the Compounding Strategy

Applying the compounding strategy is not complicated. First, select a promising investment field such as stocks, cryptocurrencies, or funds. Then, develop a long-term investment plan that includes a strategy for regularly reinvesting returns. It is important to maintain patience and discipline, avoiding frequent adjustments to your investment portfolio. Let the power of time and compounding work for you, delivering astonishing returns.

Designing the Strategy Process

Designing a strategy is a lengthy and challenging process that requires consideration of several factors:

Individual Profitability: Average expected profit per investment.

Time Efficiency: The higher the efficiency, the better.

Win Rate of Investments: A high win rate ensures the strategy performs as expected.

Risk Control: Proper stop-loss mechanisms can effectively reduce losses during adverse market conditions and avoid getting trapped in unprofitable positions.

First, choose a market. I chose the cryptocurrency market because it operates 24/7, allowing for longer execution times and higher time efficiency. For the exchange, I selected Binance due to its high trading volume, good liquidity, and fast order fulfillment. To further improve time utilization, I opted for futures trading, which allows for both long and short positions, thereby avoiding the need to wait or be trapped during bear markets.

Now, let's introduce the protagonist, the compounding strategy. I started with an initial parameter model, aiming for a 2% profit on each investment. With 100 successful trades, the returns could reach 724%, which aligns closely with my target of 500%. I set these target parameters and let an AI program run various tests. After seven days of intense calculations, I obtained a set of strategy parameters that closely matched my expectations: Trading Pair: XRPUSDT Leverage: 20x Signals: BOLL, CCI, IKH, RSI, SAR Intelligent Crossovers Stop Loss: Graded DCA + Trailing Z

The Final Strategy Returns

After 12 months of operation, the strategy executed a total of 143 long trades with 140 profitable trades and 108 short trades with 104 profitable trades, resulting in an overall win rate of 97.21%. The final profit rate was 536.81%, perfectly aligning with my desired outcome.

Conclusion

The compounding strategy possesses tremendous profit potential. Despite experiencing four forced liquidations due to extreme market volatility, it was still able to quickly recover to a profitable state, thanks to its strong profit-generating capabilities. The compounding strategy is the key to exceeding expected returns. By following a sound investment plan and maintaining disciplined execution, you can achieve remarkable financial growth in a short period. It's time to embark on a journey to change your financial destiny using the compounding strategy! Remember, actions speak louder than words. Let the power of compounding serve your financial goals.

In the field of digital currency investment, trading bots have become an important tool for investors. They help investors reduce risk and increase returns through efficient automated trading strategies. With the rapid development of AI technology, trading bots are now imbued with AI. Just last month, ATPBot was hailed as the ChatGPT of the investment world by thousands of media outlets. So how exactly does ATPBot perform? Today, we will conduct a detailed review. For our comparative review, we've selected the two platforms with the most users of traditional trading bots, 3Commas and Pionex. We have chosen six aspects that users care about most for a detailed comparison.

1.Features and Characteristics

3Commas supports 5 common trading strategies such as DCA and Grid, and 5 semi-automated smart trading tools. Users can manually set the robot or purchase other traders' robots and trading signals from the strategy market. 3Commas does not support backtesting, so if users need to backtest their parameters, they need to use third-party tools.

Pionex supports 16 trading strategies such as DCA, Grid, and Martingale. Users need to choose a strategy and set the robot's parameters before investing. The number of parameters is relatively less than 3Commas. Pionex also does not support data backtesting.

ATPBot doesn't have traditional fixed trading strategies. Each of its strategies consists of multiple strategy modules. For example, DCA is a strategy module here. AI then assembles the strategy modules into a strategy template. After a large amount of data testing, the template with good data and parameters is assembled into a finished strategy, which is then pushed to users. Depending on different user levels, 3-18 strategies are pushed every week. Users can intuitively view all the data of the strategy and invest according to their investment preferences. After a month of use, this experience feels very interesting and secure.

One feature of ATPBot that I really like is that each of its strategies is unique and is only pushed to one user. This feature largely solves the problem of a large number of users placing orders at the same time due to homogenization of strategies, which leads to slippage. I had a deep impression of this problem when using 3Commas. I started subscribing to a good signal, and the return was good for the first two months. But as more and more users subscribed to that signal, I slowly stopped making money because users on the same platform became competitors.

ATPBot is outstanding in terms of backtesting. While 3Commas and Pionex do not support backtesting, every robot of ATPBot goes through backtesting and achieves good results before being provided to users. All the data is displayed to users, such as the profit rate during the backtesting period, number of trades, winning rate, Sharpe ratio, maximum drawdown rate, and you can even find each order's opening and closing on the chart. Compared with the other two platforms, ATPBot does this aspect very well, and users can have a good understanding of whether the bot has performed well in the past when choosing it.

Next, I will rate features and characteristics:

3Commas:⭐⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐⭐

2.Usability

The use of 3Commas needs to be analyzed in two ways: one is for manual investors, who need to set a large number of parameters and need a high understanding of the strategy and trading system. To take the DCA robot as an example, if you want to create it yourself, you need more than 30 parameters, which is quite difficult for ordinary users. The other is copy-trading investors, who can select robots with good data from the market, copy them over, and start using them. This is much easier for ordinary users and can be quickly mastered.

Pionex's robot settings are much less than 3Commas, and ordinary investors can master basic skills by learning for a short time and then trying with a small amount of money for a short time. In addition to trading robots, Pionex also offers a variety of financial services, which can provide users with a bit of extra income when the market is down.

The use of ATPBot is even simpler. Users only need to pick a strategy, then enter the amount to be invested and it starts running. Choosing a strategy is much easier than choosing from the strategy market in 3Commas. Taking the Advance member as an example, AI pushes 6 strategies every week, and all I need to do is pick the ones I like from these six every week. The same task would require choosing from hundreds of robots when using 3Commas. I have to thank the progress of AI technology for saving humans so much time.

Next, I will rate usability:

3Commas:⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐⭐

3.Returns

The expected annualized return rate of 3Commas is 96.96%. This data is calculated by randomly selecting 100 robots from the market and calculating the average.

The expected annualized return rate of Pionex is 113.95%. This data is calculated from the average of data provided by 79 investors. However, due to the difference in parameter settings, the annualized return rate of ordinary user investment may be far lower than this value.

The expected average annualized return rate of ATPBot is 197.46%. The data is based on the official statistics provided. Different membership levels have different strategy return rates. Here, the data of the lowest level strategy is used. The return rates for higher level strategies are respectively: 238.66%, 345.29%, 483.28%. It is recommended to pay attention to the backtesting period of the strategy when choosing it. While ensuring the return rate, try to choose a strategy with a backtesting period of more than 12 months. In this way, the final actual return and expected return of the strategy will be closer.

Now, I'll rate the returns:

3Commas:⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐⭐

4.Fees

The membership fee for 3Commas ranges from $20-$99 per month, and there is a 50% discount for those who choose to pay annually.

All robots on Pionex can be used for free, only trading fees need to be paid.

The membership fee for ATPBot ranges from $999-$29,999 per year, and it only supports annual payments.

Now, I'll rate the cost aspect:

3Commas:⭐⭐⭐⭐ Pionex:⭐⭐⭐⭐⭐ ATPBot:⭐⭐⭐

5.Customer Support and Community

3Commas has the most comprehensive customer support. They have prepared document explanations and video tutorials for almost every problem that users may encounter during the use. The community also supports multiple languages, facilitating users from different regions to communicate in their native languages.

Pionex also has good customer support. Documents and video tutorials are provided, but the quantity is relatively less than 3Commas. The community also supports multiple languages.

ATPBot's customer support is relatively basic, with only some basic documents and videos. After all, given the limited time since its launch, it's impossible to reach the heights of the other two products in a short period. The community is only in English, but the community service is excellent. Official analysts provide free 1v1 strategy customization, alleviating the minor annoyance of users researching strategies themselves.

Here are my ratings for customer support and community:

3Commas:⭐⭐⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐

6.Security

3Commas suffered an API Key leak event in December last year, resulting in considerable losses for many users. Although the vulnerability has been resolved, it still inevitably raises concerns about security.

Pionex requires users to transfer their cryptocurrencies to its own account, which raises questions about the safety of funds. The collapse of FTX comes to mind, and it does raise some concerns. Additionally, Pionex is gradually moving towards being an exchange, which may mean that the goal of running bots is no longer to help users make money, but to encourage users to trade more frequently, provide higher liquidity, and earn more transaction fees.

ATPBot has only been on the market for a short time, so it's difficult to make an evaluation. However, one aspect seems quite commendable. When I was adding the Binance API Key, ATPBot refused to connect to my account because the API Key had fund transfer permissions. After consulting with customer service, I learned that ATPBot has a safety setting; if the user-provided API Key has any permissions outside of trading, it will be rejected. This seems like a lesson learned from the 3Commas leak incident.

Here are my ratings for security:

3Commas:⭐⭐⭐ Pionex:⭐⭐⭐⭐ ATPBot:⭐⭐⭐⭐

Summary

3Commas is a tool that requires you to do a lot of the work yourself, making it suitable for seasoned investors with rich trading experience. Although there is a market for copying strategies from others, it's not easy to pick an appropriate one. If you want to increase your profits, you need to subscribe to third-party signals. High-quality signals require you to pay an extra fee ranging from tens to hundreds of dollars per month, which can reduce cost-effectiveness.

Pionex is more like an exchange that provides additional automated trading tools. If your investment goal is to hold crypto assets at a lower cost, it's a great choice. You can use many mature bots without paying any additional fees, which can significantly help lower your average holding costs.

ATPBot has its unique features and provides an overall pleasant experience, acting more like an asset management platform. In the ever-changing crypto market, we need a robust tool to guide us. ATPBot is such a revolutionary trading tool, providing reliable support for our investment decisions. If you're looking for an intelligent, efficient, and dependable trading assistant, ATPBot is undoubtedly a worthwhile option. By using ATPBot, you can implement more effective investment strategies and achieve wealth growth. The only downside is that the membership fee can be quite high, possibly too expensive for small-scale investors. However, if your investment amount ranges from $5,000 to $300,000, no matter what type of investor you are, you should prioritize it.

Overall, each platform has its features, and investors should first clarify their investment expectations before making a choice. Then, it should be relatively easy to select the most suitable trading bot for themselves.

For a long time, people generally believed that high returns were often accompanied by high risks. However, ATPBot has successfully broken this traditional concept, allowing investors the possibility of achieving high returns under the premise of low risk.

Based on the strategy operating data of the past 12 months, the average strategy return of ATPBot is 260.47%, the average maximum drawdown is 30.86%, and the average Sharpe ratio has reached an astonishing 3.32. This achievement is due to its advanced algorithms and trading strategies. In the past two months of public testing, ATPBot has demonstrated outstanding performance in the market and has received consistent praise from users.

The founder of ATPBot stated, "We believe that through our product, investors can better take advantage of the opportunities in the cryptocurrency market while reducing investment risks. Our goal is to innovate in financial technology and help investors achieve their investment goals more easily and safely."

Not only that, ATPBot is also very friendly to ordinary investors. It does not require users to have professional investment knowledge. They only need to set the investment amount, and it can automatically execute trades. This makes investing in cryptocurrency more straightforward and convenient.

Although the performance is outstanding, ATPBot still reminds investors to fully understand investment risks. Although this bot has performed well in past tests and uses, past performance cannot predict future results. Therefore, investors should fully understand the possible risks it may bring before using this product.

About ATPBot

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After a long period of tranquility, network activity on Polygon [MATIC] is beginning to gain strong momentum. According to DeFiLlama, the number of active users on the Ethereum [ETH] sidechain soared to 389,000 on May 16th, hitting a five-week high.

Source: DeFiLlama

The growth in the user base has had a proportional impact on the number of transactions processed on the network.

A large part of the transaction volume is driven by Polygon's L2 scaling solution, zkEVM. According to a tweet from Polygon, the volume of transactions for zero-knowledge rollups (zk-rollups) has reached record levels over the past few days.

Polygon's New Initiatives

Over the past few months, Polygon has become increasingly prominent. Whether it's the launch of the much-anticipated Polygon zkEVM or a hard fork aimed at stabilizing network gas fees, the ecosystem has taken active measures to make blockchain technology more efficient and accessible.

As part of ongoing efforts, Polygon co-founder Sandeep Nailwal announced the launch of the Nailwal Scholarship — a program aimed at providing financial aid and resources for early Web3 developers.

Nailwal stated that he would personally put $500,000 into the program, averaging out to 10 individuals per year.

In addition to the grants, these researchers will also receive guidance from Symbolic Capital, a venture capital fund founded by Sandeep Nailwal, and exposure to top founders and investors to aid them in committing to building full-time in Web3 for 6 months.

MATIC Remains Immune

The positive developments from the ecosystem have failed to uplift the native token, MATIC. At the time of writing, the token was down 1.4% in the past 24 hours.

In fact, MATIC's predicament is not a recent occurrence. Data from CoinMarketCap show it was one of the biggest losers in the market last month, with losses exceeding 27% at the time of publication.

The price drop has weakened investor confidence in MATIC, as the sentiment weighted continues to trend in the negative zone. As a result, user adoption has taken a hit, as indicated by the steady decline in the number of new addresses.

Source: Santiment

In the futures market, the open interest (OI) of MATIC has risen by 3.24% in the past 24 hours. According to Coinglass data, the metric reached $182.82 million.

As the increase in the long/short ratio suggests, most of the newly opened positions are targeting a price rise.

Source: Coinglass

Card-based strategy game Axie Infinity: Origins is set to become available to Apple users in Latin America and Asia as it continues its global expansion.

Sky Mavis, the creators of the non-fungible token (NFT) project Axie Infinity, will launch its Axie Infinity: Origins card game on the Apple App Store in the game's most popular key markets. The game was previously available in limited regions on the Google Play store and through the company's Mavis Hub.

This card-based strategy game, which provides players with free non-NFT "starter" characters, will first launch on the Apple Store in Latin America and Asian countries, including Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, and Vietnam. The game has 1.5 million installs across all platforms and plans to continue its global expansion via Google and Apple mobile users.

Sky Mavis has also launched the Mavis Market, a curated NFT marketplace powered by the company's native Ronin blockchain. As of Wednesday, some collectibles from third-party game or dapp developers deployed on Ronin will be sold on the marketplace. The company also plans to launch a merchandise store.

Sky Mavis CEO Trung Nguyen said, "Sky Mavis has always been dedicated to realizing the vision of a player-owner digital nation, and we are excited to open our ecosystem to the next generation of Lunacians with the App Stores."

Axie Infinity is working to recover from last year's $625 million hacker attack, making a comprehensive overhaul to Ronin's core systems in March to make the network more decentralized and secure. In addition, the company is collaborating with game development studios including Tribes Studio, Bali Games, Directive Games, and Bowled, to expand the world of Axie Infinity, allowing some games to use the Axie IP.

Following the implementation of a new mechanism, Dogecoin's daily trading volume has increased tenfold compared to the average daily trading volume earlier this week. This mechanism now allows tokens to be issued on the Dogecoin blockchain.

Data from BitInfoCharts shows that the network's transaction volume exceeded 645,000 on Sunday, briefly crossing the transaction volumes of Bitcoin and Litecoin for the day, before falling back to previous levels on Wednesday.

Historical data indicates that Dogecoin typically has around 20,000 transactions per day. However, the introduction of the DRC-20 token standard on May 9 led to an immediate increase in network activity.

These standards allow developers to issue tokens with network fees charged in the form of Dogecoin (DOGE). This enhances the value proposition of Dogecoin and paves the way for potential decentralized finance (DeFi) services based on blockchain.

#DOGE

Silicon Valley-based tech company Ripple Labs has scored a major victory in its legal tussle with the U.S. Securities and Exchange Commission (SEC).

Yesterday, Judge Analisa Torres denied the SEC's motion to seal internal deliberation records concerning controversial remarks made by the agency's former director of corporation finance, William Hinman, about crypto assets.

The court rejected the SEC's motion to purge the Hinman documents, as these documents are judicial documents and there must be a strong presumption of public access.

"The Hinman Speech Documents would reasonably have the tendency to influence [the Court’s] ruling on a motion" an excerpt from the ruling said.

The Legal Battle Over the Hinman Documents

For background, in December 2020, the SEC accused Ripple of offering unregistered securities through its XRP sales.

Notably, part of the litigation focuses on documents related to Hinman's controversial 2018 speech, in which he stated that Bitcoin and Ethereum are not securities. However, Hinman made no comment on XRP, despite the token being one of the top three cryptocurrencies in 2018.

After the SEC filed a lawsuit against Ripple, the blockchain company asked the commission for drafts of Hinman's speech. At the time Hinman made his controversial remarks, Ripple was eager to know what the SEC officials thought about XRP.

The U.S. Securities and Exchange Commission made significant efforts to prevent it from handing over the documents to Ripple. Interestingly, after 18 months and six court rulings, the SEC finally handed over these documents.

Despite having handed over the document, the SEC still made a motion, requesting to seal Hinman's speech delivered on December 22, 2023. However, the court rejected the motion on the grounds that Hinman's controversial speech draft is a judicial document.

James K. Filan shared this development. He is an experienced lawyer who has been closely following the lawsuit between the SEC and Ripple.

Ripple CEO Responds

Meanwhile, Ripple CEO Brad Garlinghouse celebrated the victory on Twitter. Garlinghouse, who is also a defendant in the case, promised that Ripple would soon share an unedited version of the Hinman documents publicly.

The Bitcoin price is correcting losses from the $26,000 area against the US dollar.

The price is currently near $27,000 and the 55 simple moving average (4 hours).

There is a major bearish trend line forming with resistance near $27,250 on the 4-hour chart of the BTC/USD pair (data from Coinbase).

The pair could start a fresh increase if it clears the $27,250 resistance zone.

Bitcoin price is rising from $26,000 against the US dollar. BTC might rise again if the bulls remain active above the $26,250 area.

Bitcoin Price Analysis

Bitcoin price started a downside break below the $28,000 support zone. It broke clear support levels at $27,500 and $27,200. The pair even tested the $26,000 support zone.

Its trading price dropped to as low as $25,810 and recently started a fresh increase. It broke the resistance level at $26,500. The price will rise once it clears the 23.6% Fibonacci retracement level from the swing high of $29,850 to the low at $25,810.

The Bitcoin price is now near $27,000 and 55 simple moving averages (4 hours). The direct resistance on the upside is near $27,200. There is also a major bearish trend line forming on the 4-hour chart of the BTC/USD pair, with resistance near $27,250.

The next major resistance might be near the $27,850 area or the 50% Fibonacci retracement level from the swing high of $29,850 to the low at $25,810.

Clearly above the trendline and $27,850 could push the price towards $28,500, and above this, it could rise to the $29,200 level. Any further gains might push the price towards the $30,000 area. If there's no upside break, the price could start a fresh decline below the $26,750 level.

The first major support is near $27,250. The next key support is near $27,000, below which the price might accelerate lower. In the stated case, the price might drop to the $26,000 level.

Source: TradingView

Looking at the chart, Bitcoin's price is trading near $27,000 and the 55 simple moving averages (4 hours). Overall, the price might start a fresh increase if it clears the $27,250 resistance zone.

Technical Indicators

4-hour MACD - The MACD is now gaining momentum in the bullish zone.

4-hour RSI (Relative Strength Index) - The RSI is now above the 50 level.

Key Support Levels - $26,750 and $27,000.

Key Resistance Levels - $27,250, $27,850 and $28,500.

The XRP community has been relatively quiet recently, which according to cryptocurrency analyst Dark Defender, could be a positive sign, indicating that XRP is ready for a breakout. Dark Defender, a cryptocurrency analyst and researcher, has analyzed the pattern of XRP price movements and predicted a possible breakout of resistance at any time from now until August 2023.

Ready for an explosive growth?

Once XRP breaks the resistance line, Dark Defender predicts the price will reach $1.33, then $3.82. These predictions are based on technical analysis and historical patterns.

Furthermore, XRP faces two major resistances in the short term before it's expected to reach the milestone of $0.500 and bounce back further to the annual high point of $0.5838 reached in March 2023. These resistances are represented by a yellow line, indicating the 200-day moving average (MA), and a brown line representing the 50-day MA, as shown in the figure below.

Source: TradingView

Moreover, despite XRP's current downward trend, cryptocurrency analyst Dark Defender points out that the token has rebounded from a key support level of $0.42, showing resilience. This rebound can be partly attributed to the Relative Strength Index (RSI) reaching the oversold area in daily indicators, suggesting that XRP may have been oversold and should bounce back.

In the short term, Dark Defender has identified a key resistance level for XRP at $0.4696. If the token is to continue its potential bullish momentum and push above $0.500, XRP bulls need to overcome this level.

XRP Ledger Sees Explosive Growth in NFTs and Tokenization

It's been about six months since XLS-20 was introduced to the XRP Ledger. XLS-20 includes extensions to the XRP Ledger that support native NFT types and operations for enumerating, transferring, and holding such tokens, providing native NFT functionality to the platform.

Source: Twitter

Since the amendment was proposed, voted on, and approved by the validator community, the developer and creator ecosystem of the XRP Ledger has thrived. This has led to new projects, use cases, and collections on XRPL, showcasing the platform's potential in NFTs.

Since the launch of the XLS-20 mainnet, more than 1.3 million NFTs have been minted, and over 740,000 offers to buy NFTs have been accepted. This has propelled the XRP Ledger into the top 10 blockchains for NFT sales and transaction volumes. The top three native markets by XRP transaction volume are OnXRP, Sologenic, and xrp.cafe, accounting for over 80% of the total NFT transactions on the Ledger.

In addition, there are over 5,000 issuers and hundreds of NFT collections, covering a variety of use cases, from events and ticketing to music and IP access rights, to metaverses and loyalty rewards, to real estate and beyond. The top three NFT series by lifecycle sales (including IOUs) are XPUNKS, Bored Apes XRP, and The Bearable Bulls.

In addition to NFT projects, infrastructure applications and tools are also being developed on XRPL to provide additional resources and support for the developer community. This includes tokenization infrastructure and tools that can help facilitate the creation and management of tokens on the XRP Ledger.

Ripple's Chief Technology Officer, David Schwartz, states that the growth of NFTs on the XRP Ledger demonstrates the platform's versatility and innovative potential. He believes that XRPL's unique positioning supports the development of new use cases and applications.

The popular cryptocurrency SHIB has surpassed PEPE in hot search volume on LunarCrush, raising hopes for a potential rebound.

Despite SHIB's positive on-chain indicators, some market signals still point to a bearish trend. While SHIB's performance outstripped that of meme-inspired PEPE, indicating its growing popularity in the crypto community, it's still uncertain whether this is an early sign of an impending price surge.

Notably, SHIB has consistently maintained its position as the most traded token among the top 100 ETH whales, highlighting its appeal to influential investors.

However, considering that the burn rate of SHIB tokens has experienced a significant surge, growing by over 20,000% in just the past day. This token burn and other transactions resulted in the elimination of 3,034,309,519 SHIB tokens in the last 24 hours.

According to CoinMarketCap data, SHIB's price dropped slightly by 0.38% in the past week. Currently, SHIB is trading at $0.000008798 with a market capitalization of $5.1 billion.

Could SHIB witness a potential bull run?

Bullish sentiment struggles to gain traction in SHIB's price movements. The bulls are striving to establish a foothold near the $0.0000099 area, which aligns with bullish orders from March.

Some signs also suggest a possible trend reversal for SHIB. Net deposits of SHIB on exchanges have remained low compared to the previous seven days, indicating easing selling pressure. Despite this, the number of active addresses remains high, suggesting increased use of the meme coin.

Source: TradingView

Additionally, SHIB's Relative Strength Index (RSI) is currently in oversold territory, which could lead to increased buying pressure and push up its price. These factors may imply a possible trend reversal in the near future.

SHIB surpassing PEPE in trend searches is a positive development. However, investors should remain cautious and consider other market indicators before celebrating any potential rebound.