Launch HN: Coinrule (YC S21) – Automated Trading Made Easy

Re:Launch HN: Coinrule (YC S21) – Automated Trading Made Easy by Grustaf on Thursday July 15, 2021 @04:02PM (#27849413)

Cool stuff! I started building something similar back in 2018 or so, we ran a crypto quant fund.

We actually found some very good arbitrage opportunities using derivatives, that didn't even need automation, so we used that. But I figured it would be cool with a tool for people to make their own strategies.

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Re:Launch HN: Coinrule (YC S21) – Automated Trading Made Easy by ogiberstein on Thursday July 15, 2021 @04:17PM (#27849579)

Thanks! :) Why did you guys stop?

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Re:Launch HN: Coinrule (YC S21) – Automated Trading Made Easy by Grustaf on Thursday July 15, 2021 @04:28PM (#27849713)

In the beginning we were making 8-12% a month, just arbitraging derivatives so very low risk (except platform risk etc). But after a few months it started shrinking, and shrank down to 2-3%. Still very good for a traditional fund when annualised, but we only managed a few million from friends and family so it didn't really make sense for us financially any more.

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