HodlBot is a customizable automated portfolio management tool for cryptocurrency investors. Create your own portfolio or index, backtest historical performance & auto-execute the trades on the exhanges you are already using.
HodlBot is amazing. A friend introduce it to me. Loving it. Any plans to add withdrawal access? Else, any best practice recommendation for withdrawing?
I have been using HodlBot since its inception. Awesome product that has grown up with interesting features for private investors. Totally recomended !!
HEADS UP, be careful about authorizing your paypal account with this.
Saw product here and was excited to try it, so I signed up. It asked me to authorize my paypal account before I could use it so I did. But it charged me $27 instead. Sent a message to support, got a response offering a refund, but I was ghosted after that. This was 8 days ago.
Seems like an interested product, but dark ux patterns and non responsive support is a pass for me. Now I have to waste time doing chargeback on paypal.
@gamblers_united
1. HodlBot offers way more customization than all of the apps you've mentioned. While we offer a few indices as starting points for beginners, a HodlBot user can create any kind of portfolio they want to.
2. We allow users to customize their portfolio management settings. For example, you can choose between periodic & threshold rebalancing, and set ranges for both. You can also blacklist coins you don't like.
3. Users hold the underlying assets rather than a tokenized abstraction. We think this is much better for liquidity & also mitigates the risk of price mismatches.
4. Better liquidity. Instantaneous entering & exiting the market via the cash-out to stablecoin feature.
5. Better order execution. We try to mitigate slippage & transaction costs.
@gamblers_united
A popular strategy amongst our users is to switch their portfolio into a stablecoin portfolio when the market is going down. Another common strategy is to dollar cost average in order to lower the average entry price.
We don't give any investment advice or recommendations that our investors should try to time the market. Timing the market is very difficult to do. Most professional traders fail to get it right.
We're big believers in passive investing. Time in the market > trying to time the market.
Been a fan since the beginning, and now with threshold rebalancing Hodlbot is better than ever. My only concern is that crypto is left on-exchange. It would be magical to be able to store on a hardware wallet, and still rebalance (I use the word magical for a reason - I know how difficult this would be ;) )
Wow, blown away by the progress and evolution of the product since seeing the MVP - love the blog posts and transparency from y'all!! Thanks for sharing your journey :)
I've been using HodlBot for over a year now and am a huge fan of how easy it is to set up and use. I can set up different porfolio allocations like BTC-heavy, Altcoin-heavy, and stablecoin-heavy and switch between them at a click of a button in times of high volatility. Another really cool feature is that you can re-balance regularly to keep a set allocation. Their price is super affordable and you should definitely try it out to see for yourself what a joy it is to use.
Great product by a very solid team. This is a MUST for any cryptocurrency holder who wants their portfolio to stay competitive in a constantly changing market.
Hey Product Hunt,
Our platform first went live last fall, a year later we're approaching $100M in executed trades 🎉with +10,000 users from 80 different countries 🌎.
After following the PH community for years, we're excited to share HodlBot with you.
We are fans of indexing & passive investing. Historically in the equity markets, indices have outperformed 90% of active managers over a 15-year period. We believe a well-diversified cryptocurrency portfolio will yield similar results compared to active traders.
We initially created HodlBot because we were frustrated there weren’t any simple solutions out there for everyday investors. Existing solutions either were only available for accredited investors, had terrible liquidity, or simply didn’t track the price of the underlying assets correctly.
We took a different approach by directly integrating HodlBot with the APIs of popular cryptocurrency exchanges (Binance, Coinbase, Kraken, Kucoin, Bittrex). Our users hold the underlying assets, we don’t have withdrawal access, and we follow best practices to encrypt user data.
When we first launched a MVP last year, all it did was diversify your portfolio across the top 20 coins by market cap.
Since then we’ve added the ability to:
-Create a custom portfolio weighting users can tweak
-Create a custom index based on a starting & ending rank, with percentage caps, and different weighting strategies
-Automatic rebalancing (custom frequency or threshold) that keeps your portfolio on track
-Backtest a portfolio to see how it would have performed in the past
-Blacklist coins you don’t want to include in an index
-Cash-out a % of your portfolio into any coin in order to exit the market
-Track the performance of your portfolio
-Diversify your portfolio across cryptocurrency exchanges (Binance, Kraken, KuCoin, Bittrex, Coinbase)
At HodlBot, we’re big believers in being transparent and writing down what we’ve learned. If you want to learn more about what we’re doing, here are some of our best blogs:
1) https://www.hodlbot.io/blog/when...
2) https://www.hodlbot.io/blog/how-...
3) https://www.hodlbot.io/blog/how-...
4) https://www.hodlbot.io/blog/a-th...
5) https://hackernoon.com/the-3-typ...
Blog @ https://www.hodlbot.io/blog/
Wiki: https://wiki.hodlbot.io
Telegram Group: https://t.me/joinchat/IjezjhAAC-...
Super exciting to see the progress you and the team has made since we've last chatted @anthony_xie. I loved this product then, and still do now :) Congrats to you and the team on this milestone!