Getting a 613 percent Return on Investment via Algorithmic Trading
If you've been an active or semi-active trader in the cryptocurrency space for more than a couple months now, you've probably heard about the existence of cryptocurrency trading bots. Haasbot is one popular example, but there are a lot of other cryptocurrency trading bots as well.
So do they actually work? The answer is that they do work, for some people. But for others, they don't. The reason is the bots are essentially just trading based of trading instructions you provide them through an exchange's API interface. Sure most of these bots have a 'default' setting for trading algorithms. But if everyone uses the default settings, the bot isn't really giving you an advantage is it? Those who SUCCESSFULLY utilize trading bots, customize the trading strategy and algorithms used. If their algorithm is successful, they wouldn't dare in their right mind to sell it or make it available to the public, as it would negate it's effectiveness and their future ability to profit off of it! There are of course people who start utilizing bots who lose money or roughly break even - if you did it yourself you would almost certainly be in this category. If bot trading was so easy to be successful at, everyone would do it!
Countinghouse Fund
It just so happens that there's a managed fund out there that has developed highly sophisticated trading algorithms and mathamatical models to customize such a trading algorithm. It's proven to be highly successful for them; they generated a 613% ROI on a 12 month trial they did with a 50k investment.
Countinghouse Fund is a managed foreign exchange direct hedge fund which you can invest in. You won't need to worry about figuring out successful trading algorithms as they already have this taken care of, and by investing in their token, you could see a very healthy ROI, if their fund continues to be successful of course. They are not offering to sell their algorithm; it's a huge money maker for them as they do take a 7% fee on profits generated. The fund is actively managed so you won't need to worry about tweaking the trading algorithm based on market conditions, or trading pairs, or having to account for changes in volume. Countinghouse takes care of everything, and if they continue to be profitable, you will be too.
Three Steps Back
Let's start by looking at this project from an extremely cautionary perspective. These are massive returns afterall. So let's start with the most basic question: Is this project a scam? After all, many of these crypto projects that popped up in the past couple years promising high returns (like bitconnect) turned out to be ponzi's schemes - something I and many others knew all along. In my opinion, Countinghouse is definitely not a scam or a ponzi scheme for a plethora of reasons:
1. There is no promise or guarantee of a return. In fact, they disclose you may end up losing your entire investment. Guaranteed returns, particularly if they're high yield, are a pretty clear indicator a project is a ponzi scheme, since they really have no way to 100% guarantee such a return, or any return for that matter.
2. Countinghouse has been around for 10 years now, operating in the traditional non-crypto forex market. They aren't some new crypto startup that has popped up out of thin air. All their team members are also publicly disclosed.
3. They're partnered with AmaZix, who is without a doubt the largest & most reputable crypto consulting agency in the space. If you check out their homepage, you can also see they've been rated by pretty much all the major listing sites, having received 86% on cryptonext, 4.8/5 on icodaddy, 4.4/5 by icoexpert & 4.8/5 by trackico. The project wouldn't have been able to get through any of there was the slightest reason to believe something wasn't legit here.
All in all, you're still bearing the risks associated with the profit or failure of automated trading algorithms. The trading algorithms have merely proven to perform particularly well and generate a substantial ROI over that. The risk of course is that this ROI could change in the future. If you want to get involved, do consider investing in their ICO; just make sure to have a read over their whitepaper first
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