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The crypto world was filled with a single word in 2017: HODL. Thatâs all we heard about. âYou canât lose if you HODL!â They shouted. âYou canât beat the HODL!â They claimed.
They were wrong. Maybe HODLers didnât lose, but they didnât win. Maybe you werenât able to beat the HODL, but I was. Now, Iâm going to tell you how I did it. Without any magic, insider knowledge, or illegal trading tactics, I beat the HODL. I didnât beat it by only a little, I demolished the HODL. The best part is I didnât make a single manual trade the entire time. I just watched the value of my portfolio grow as I enjoyed the gains.
Me painting my happy little coins.
Portfolio Rebalancing
Yup, this is what I did. I balanced my portfolio every day. Each morning, I traded my assets so I had an even distribution of each. This originally started with manual trades when I first started, but not for long. Once I saw how quickly I was outperforming the HODL, I automated the process. I wrote a simple script to balance my portfolio once a day. This simple script was eventually expanded into an entire desktop application. Then, some time later, that desktop application became a website. Now, I have opened up the website to the public so anyone can take advantage of these free returns. Thatâs right, Iâm not even charging for you to get these free returns. So, youâre basically losing money if you arenât using the website. Itâs as simple as that. All you need to do is create an account on Shrimpy and add your API key for Bittrex or Poloniex to start balancing your portfolio. Shrimpy will take care of the rest. No extra work and no manual trading. You can learn more about rebalancing here:
Portfolio Rebalancing for Cryptocurrency
Results
Oh, I know you donât believe me. You think there is no way such a simple strategy could provide the kind of returns Iâm talking about. I expected that kind of reaction. HODLers arenât that easy to persuade. I know I wasnât. Thatâs why I made a simulator for you. The simulator uses the exact data from exchanges to construct a backtest over the last year. It can tell you exactly how much money you missed out on had you simply rebalanced instead of HODLing. You can experiment with the simulator here:
Shrimpy outperformed holding by 97%!
Now Go!
Stop waiting around! Every second you wait, you are missing out on gains. So go. Sign up for Shrimpy right now and ride that sweet gravy train to the moon. You missed all those gains in 2017 because you didnât rebalance, so donât let 2018 be a repeat year.
We are all recovering HODLers. So, letâs go through this struggle together. Share with your friends and family the potential of Shrimpy. Force them to convert those stagnant coins into an investment that actively works to make them a return.
Follow us on Twitter and like us on Facebook so you never miss out on our game changing strategies again. Then, leave a comment to tell us about how much Shrimpy is helping your investment. Donât be an April Fool, use Shrimpy.
The Shrimpy Team
Crypto Investors: Want Higher Returns? Stop HODLing! was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.