Heleum — Auto Trading

Intro to Heleum, an auto-trading app based on my personal 1 month experiment.

What Is Heleum?

Heleum is an automated app that invests your money over the long-term by letting it “float” into rising currencies.

First, you create and add money to an account on Uphold.com. Uphold is an online wallet that helps you store your money in many different currencies, and allow Heleum to access your account. Heleum, then, instructs Uphold to trade bits of your money into other currencies.

Heleum later converts your money back into dollars, plus whatever gains it has earned for you.

How Heleum works?

The process

• Heleum divides and launches a user’s available funds into “balloons.”
• Heleum watches the exchange rates between currencies and moves the funds inside a balloon when it’s most suitable.
• When it becomes most advantageous to move back to the base currency, this forces the balloon to “pop” and realize the overall gain.
• Balloons will normally pop within 1–3 months.
• Instead of exchanging in regular binary pairs (eg. US dollar to British pound, and back to US dollar), your funds follow paths like: US dollar to bitcoin to euro to litecoin to bitcoin, and back to US dollar, with relative gains at each step.
• You can withdraw funds any time.

Why I like it?

To be honest, I love the idea and the concept behind Heleum. In the past, I have played around with different trading bots (mainly in the crypto world) with good results, but in all those cases the book only does two operations: buy and sell. Let’s assume that you have a Bitcoin to USD bot, in this case the bot will buy when the Bitcoin price is going up and sell when is going down.

Of course, that is an over simplified explanation, and they are actually very complex algorithms behind each decision that tries to predict the future.

What Heleum does is move between a big number of different assets, always trying to find the one that is increasing in value. Keeping this in mind, one investment (called balloon in the platform) can move between several currencies (even between FIAT and CRYPTO) before completing a cycle and releasing the funds.

In this example:

• The Balloon #10 hast made 14 different moves.
• The Ballon started with 18.65 USD and is currently at 21.45 USD.
• The last move (number 14) was from MXN (Mexican Pesos) to LTC (Lite coin)

What I don’t like?

• The implementation is still in a very early stage
• Their mobile app is not even ready yet
• Their algorithm is far from perfect. After contacting the technical team, it seems like there is a big release with several updates coming in Feb 2018
• So far the performance is very good, but it’s beyond noticeable that some markets (especially crypto) have had an amazing performance in the past months. I would really like to see how the platform performs under bad market conditions

My Personal Review and Results

As mentioned, I love the idea, I like the implementation/team even if they’re in their early stage of production.

I started with an initial $100 investment and later one added more funds in different payments till I reached $1000 of investment.

As of today my ROI is around 12% after the first month, which are great numbers. And last week alone was around 25%, so there variation and can go either very high or low.

I believe that this is a great complement to a crypto portfolio where you can delegate through Heleum the investments/selections of the assets and automate the process. I think that we don’t have enough data to predict how profitable this investment will be in the long term, but the initial numbers are definitely very promising.