The number my bot reported was wrong, and it was wrong in the most seductive direction — up.
For context, the classic bot on Bitsgap was the old version, and for whatever reason, in their infinite wisdom, the investment change number is erroneous. Investment change is the figure that’s supposed to tell you how the money you put in has fared. On the classic bot, it is always positive after the first sell order closes. Always. The market can do what it likes — once one sell has closed, that number reads as a gain.
I have a quote from their tech confirming it.
A bot’s dashboard is the whole relationship. You connect it to an exchange, it trades while you sleep, and the number it shows you in the morning is the only thing telling you whether that was a good idea.
It happened to be a loud day to be thinking about numbers. Coinbase listed on Nasdaq this afternoon — the first major cryptocurrency exchange to go public in the U.S. — from a reference price of $250, and by the close its shares had settled at $328 after climbing as high as $429. Everyone in crypto spent the day watching a ticker. The one on my own screen was the one that had proved specious.
For this reason I am down to just one account on Bitsgap from three.
