Notes on Robotic Crypto Trader Presentation

Introduction

• Presenter's Name: Crypto Casey
• Purpose: To introduce a crypto product that seems too good to be true, emphasizing caution in crypto investments.
• Importance of understanding risks in crypto:
  • All investing involves risks.
  • Crypto is a zero-sum game: for every winner, there is a loser.

The Robotic Crypto Trader

• Description:
  • Fully automated crypto trading bot enhanced with AI.
  • Functions as a "set it and forget it" tool, unlike traditional trading bots that require active decision-making.
• Unique Features:
  • Utilizes 24 years of trading data (developed for stock trading originally).
  • Created by a former Microsoft engineer.
  • Operates 24/7 in the crypto market, while traditional stock trading is limited to specific hours.

How It Works

• Setup:
  • Connects to Coinbase account.
  • Users select cryptocurrencies to trade, preferably those with high volatility.
• Profit Generation:
  • Trades can generate profits in both rising and falling markets.
  • More volatile cryptocurrencies lead to greater profit potentials.
• Monitoring:
  • Dashboard displays account value, profits, and trading activity.
  • Users receive alerts for profitable trades and daily summary emails.

Setting Up the Trader

1. Coinbase Account:
   • Sign up and consider Coinbase One plan for zero trading fees and boosted rewards.
   • Fund account with USD or USDC (recommended for earning interest).
2. Connect Robo Trader:
   • Generate an API key from Coinbase and configure settings for security.
   • Ensure the trader can execute trades without transferring funds.
3. Select Cryptocurrencies:
   • Choose cryptocurrencies with high volatility and configure investment amounts.
   • Option to mirror successful trades from the trader's creator.

Cost and Value

• Pricing:
  • Regular price: $4,500 for a license.
  • Discount: $1,000 off for a 3-year license, totaling $3,500 (about $97/month).
• Reasoning:
  • Creator's passion project with over 50 years of programming experience.
  • Aiming to help people navigate the current economic situation.

Risks and Recommendations

• Acknowledge the risks of investing in crypto and keeping funds on exchanges.
• Suggests incorporating the robotic trader into an overall investment strategy, not as the sole strategy.
• Encourages participation in webinars for additional information.

Conclusion

• Final thoughts:
  • Opportunity to gain an edge in a volatile crypto market.
  • Reminder of the inherent risks involved in crypto trading.

Additional Resources

• Links to further videos on tangent wallet setup and Ledger stacks review.