Cryptocurrency Investing on Autopilot
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Calvin Leyon

HodlBot - Cryptocurrency investing on autopilot

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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.

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Bona
How is this product different from the other crypto fund apps out there? e.g. Snowball, Coinbundle, C20, etc.
anthony xie
Maker
@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.
Bona
@xietoni Thanks, that was all much needed. Good features.
Bona
@xietoni Sorry, actually one more question: how does HodlBot protect investors in the event of a downwards crypto market, like we've been having?
anthony xie
Maker
@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.
anthony xie
Maker
Hey! Anthony here from Hodlbot. We’ll be hanging out in the comment section to answer any questions :)
Mounir El-Choueiri
I've been following HodlBot since the launch of the product and glad to see how far it has come. Keep up the great work, excited to see this on PH!
Calvin Leyon
Maker
@mounirelchoueiri Thanks Mounir!
Calvin Leyon
Maker
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-...
Mohamad Sawwaf
This platform is every crypto buyers dream! Well done gents!
Calvin Leyon
Maker
@mohamad_sawwaf Thank you :-)
Steven ten Holder
This is so interesting. I wish I had something like HodlBot years ago!
Pablo Eder
Aesthetic, simple to use and built by a very legitimate team. Something we need more of in the industry.
Calvin Leyon
Maker
@pablo_eder Thanks for following our journey and helping us make a better product Pablo!
Yevhenii Peteliev
Wow! How I lived without it before? I want to try it :) Сongratulations!
Jesse Ariss
Longtime HodlBot user. I pay for it, and it's worth it for a guy like me who doesn't want to micromanage his portfolio. Great product.
Calvin Leyon
Maker
@jesse_ariss1 Thanks for the support Jesse!
Alex White
Great product for people like me who still have a lot to learn about crypto. Great work guys!
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