NOTE: I’m going to share my early thoughts as an investor in crypto using new technologies to improve my results. To note, I’m not a typical retail investor. I have much more disposable income. That said, I’m also much more skeptical about new products, approaches to investing. Generally I’m a do-it-yourself guy and stay away from ‘expert investing advice’.
Nowadays everything is ‘AI’. I don’t really know all the details of that. But I do know that even my sandwiches have AI in them. I’m not interested in what is in them, but more what it gives me. So, as a big investor and big believer in the world of crypto, I want to know what AI can do for me.
Three months ago, I decided to take a leap of faith into the realm of AI-driven trading with EndoTech —a platform that has been making waves in the AI-based trading market since 2012. Now, as I share my unbiased review, I find myself pleasantly surprised – so far- by the experience.
EndoTech prides itself on being early in to the AI scene and constantly improving. They parade their CEO, Dr. Anna Becker out who talks for hours about all her team’s accomplishments. It’s all very impressive. Not that I understand much of it.
EndoTech Platform Review
But being an early user of this breakthrough platform has been nothing short of exciting. While their platform has been around for years, I understand that it wasn’t always so easy to use. So when I got to try it, it was certainly a lot more user friendly and ‘what it said on the tin, it actually did’. It gave me ‘smart’, automated investing on my crypto wallet. Behind that, I’m sure there is lots of tech. And lots of AI.
My initial skepticism regarding AI’s role in trading was met with EndoTech’s sophisticated algorithms. I’m big into setting up indicators. I even know how to code them. But what I get from their trading strategies is that they are combos of endless indicators. These algorithms that they call them use artificial intelligence to decide which indicator to use and when. Then they take that and program it on a market and on my wallet so that those indicators work automatically and automatically trade for me.
So ya, AI has a big promise. There are lots of technical indicators fighting it out. Deciding what to invest or trade, and then actually trading. So while its pretty future esqe, it’s not impossible to see how what they are doing is beyond what I could do by myself. Or any of my basic financial gurus. It’s a lot of tech made simpler for an avid investor.
What struck me most were EndoTech’s strategies, particularly their focus on AI-based volatility trading. This approach promises non-correlated returns. Meaning, I dont have to wait to follow a trend. I can catch the mini movements along the way to scrape some profits from a sideways market. I like that. As someone deeply familiar with crypto market dynamics, I know that you need to be able to make money on the bull nad the bear. Even better is having strategies that can capture the volatility in sideways markets.
Ok. Here are some other basic facts you can probably check out yourself. But i’ll put them here for completeness.
Getting started with EndoTech was easy. I know their site talks alot about APIs. But simply said, its pretty easy. They have video tutorials to help you get set up and you can use their support team to help you along the way.
They are geared for folks with lots of capital. I think the minimum is about $10,000, but I came in above that as I wanted to have a portfolio of different algos.
The getting started process took some time. But thats cause you need to work with your wallet. You need to use your funded exchange account to connect to a crypto wallet securely through API keys. Not tough. But not for folks who are afraid of the internet!
I feel good about the security as they use all the jargon and standards I’m familiar with. My account stays with my wallet and NOT transferred to them. Thats good. I’m not into giving access to my capital to too many firms. I like to be able to control and pull the plug if I need to. So far, so good. It has been doing exactly as promised. Finding and executing trades on my account.
I like their fee structure. They take a percent of profit. That’s fair in my mind. While I think it’s steep. So far, I am more than happy to share the upside. It is their technology. And if it makes us both money, all the better.
In comparison to other services. I can say that I’ve been hesitant with others. Typically toe in and quickly get disappointed. So I don’t know all the options out there. Their solution does seem to use technology that is well beyond me. They call it AI. I don’t care as long as it works. And it does.
I like the fact that the fees are a percentage. That’s unique. Most are upfront fees where you may or may not get what you pay for. My experience is that these are NOT the right solutions for me. Often these end up as scams. EndoTech’s approach is fair and seems to work. Some of the trades are bewildering. But overall it works as I wanted and the results are getting there.
Overall, it’s only been about 3 months with EndoTech but I’m pretty positive. That’s not common as I am results oriented and think AI has been overhyped. Here it seems to be working for me. So I’m happy. I’ve pointed a few friends to EndoTech but not sure what their experiences are yet. I’ll let them share those themselves.
