BTC/SOL
Sequence Wiki — Spot
Table of contents
Key terms on this page
Summary
Field | Detail |
|---|---|
Goal | Hold BTC / profits settled in BTC |
Type | Spot |
Variants | N/A |
Margin | N/A |
Minimum | 0.2 BTC |
Exchanges | Bybit (Preferred), Binance, Binance.US, Kraken, OKX (non EEA) |
Market | Market agnostic |
Description
This strategy trades on spot market. This is not a product. However it is designed for those that are unable to trade on the markets. Due to the lack of and the way BTC/SOL trades, the strategy typically yields 30-40% less than our Bitcoin accumulation strategy: BTC Inverse 1.5x
Like all our strategies, it requires bidirectional volatility to close larger trades. While is seasonal, on other occasions it can come out of the blue. However, during times of relative calm and the market is trading up and down a few percent, the strategy will place smaller trades. In this way, you know that we are connected to your account. The strategy is 100% automated and trades 24/7.
Historic Performance
Please see the results of the BTC Inverse algo — this spot variant trades the same logic but typically yields 30–40% less due to the lack of leverage. View BTC Inverse
Videos
Trade With Sequence
What is a DCA strategy
What are API keys
Derivatives Products
Spot vs Derivatives Markets
Risks
Algorithmic risk
⛔ Time-Weighted Risk: There is an opportunity cost to holding long-duration trades. In some cases, one could profit more from intra-day profit which equates to a long duration trade = indirect loss.
🟢 Signal + strength: trades using a blend of proprietary indicators and trading signals alongside that constantly adjusts based on short and higher time-frame analysis.
Exchange (custodial risk)
⛔ Bank Runs: As with the collapse of FTX, sudden withdrawals by clients can create extreme situations for any exchange with muddy custody practices
⛔ Thin order books: Smaller exchanges sometimes struggle with liquidity and trading volumes - this creates an inefficient marketplace.
⛔ Personal Security: Hackers and scammers are getting more sophisticated. Personal operational Security (Opsec) is critical to the crypto industry.
🟢 : we only work with exchanges that do end-to-end Merkle-Tree proof of reserves, 1:1 backing of customer funds and are highly regulated.
🟢 Order volume + liquidity: The exchanges we work with have exceptional liquidity and trading volume - this gives the trading system the best chances of executing buy and sell orders.
🟢 Top security: all our exchanges employ bank grade security. We recommend you use 2FA on all your exchange accounts and email account. We use SHA-256 HMAC cryptographic encryption with your critical data.
Protocol risk
⛔ Nascent Digital Assets: Crypto is new and highly volatile. It is after all, one of the reasons why we are trading these types of assets. The volatility is our friend :) That said, substantial protocols have been known to fail or encounter the heavy hand of legislation.
🟢 Trade only blue chip assets: Sequence only trades some of the top digital assets, with solid fundamentals and long trading histories. We believe in the asset class, however there is always the risk that the traded pair (BTC or SOL) goes to zero in USD terms.
Client self-trading risk
⛔ Touching the algo: Rule one of Sequence is to not touch the trades...
🟢 Valid API connection: So long as we have a valid API connection do not touch the trades! The system is designed to be programmatic and therefore automated. If you want to trade yourself, then you must do this on another account. Our team is always tracking to make sure the connection is valid and will be in touch if there is any issue.
Sequence USPs:
✅ We only profit, when you make money. Our goals are 100% aligned.
✅ Controlled By You: All of our products are 100% held by you, on your exchange account. You have complete control of your assets AT ALL TIMES.
✅ No lock up: With no contracts and no minimum period, you can cancel at any time
How to get started For next steps please see our following guide: Getting Started
More questions? 💌 support@tradewithsequence.com