One Button Capital
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One Button Capital

August 2022 AI Trading Update

AI keeps delivering on its promise. Reaction to August markets: BTC, ETH, BNB, ADA, CRV.

Despite Powell’s speech on August 26 that washed out billions of market capitalization from stock and crypto markets, August was a relatively bright month for cryptocurrencies and One Button Capital.

In this update, we’ll review the trade history and performance of AI trading models on the major cryptocurrency markets.

AI vs. BTC

The trades of Performer v2 AI on BTC:USDT during August were spot on, where it successfully predicted the Aug 19–20 pullback and exited the position right before it happened.

The only thing the AI wasn’t prepared for was Powell’s speech and the market panic sale before that. According to the Performer v2 analysis, on August 26, almost everything signaled the upside movement. The market even started moving in that direction but had crashed quickly by roughly -10% after the Chair’s address.

Trade history chart on BTC:USDT, Performer v2 AI, 01.08.2022–01.09.2022 (One Button Capital app)

This repeats an important lesson in investing: despite how strong the technical markers are, a sudden external event can completely reverse the market sentiment in at least the short term.

Since the existing One Button Capital AI models operate by analyzing purely technical data, technically, they cannot react to external events like the one from last week. And this brings our team closer to implementing an AI model to analyze the media/market sentiment/sudden volatility and react quickly to similar cases.

Despite the last week’s pullback, the AI performance during August was still solid. The Performer’s v2 ROI trading on BTC for the previous 30 days is -3.6% against -12.3% of BTC.

Performer v2 AI ROI vs. BTC (Buy-and-Hold) ROI, 01.08.2022–01.09.2022 (One Button Capital app)

AI vs. ETH

A similar situation can be observed in the trade history of AI on Ethereum.

Trade history chart on ETH:USDT, Performer v2 AI, 01.08.2022–01.09.2022 (One Button Capital app)

The only difference is that Ethereum rallied more significantly than Bitcoin in August and the AI managed to capture the upside.

The overall ROI of the AI for the last 30 days was +5.02% against -1.41% of ETH.

Performer v2 AI ROI vs. ETH (Buy-and-Hold) ROI, 01.08.2022–01.09.2022 (One Button Capital app)

AI vs. CRV

Another market pair that Performer v2 recently started trading is CRV:USDT, and so far, he has been crushing it.

On the Curve market, the AI was spot on when making buys at local minimums and selling at local maximums.

Trade history chart on CRV:USDT, Performer v2 AI, 01.08.2022–01.09.2022 (One Button Capital app)

Despite the CRV price dropping by -18.11% in August, the Performer AI managed to deliver a +3.55% return for the same period, beating the market by more than 20%!

Performer v2 AI ROI vs. CRV (Buy-and-Hold) ROI, 01.08.2022–01.09.2022 (One Button Capital app)

AI vs. ADA

The performance of Performer v2 on ADA:USDT this month has been completely phenomenal.

The AI followed the market on its way up and sold the position before it headed downwards.

Trade history chart on ADA:USDT, Performer v2 AI, 01.08.2022–01.09.2022 (One Button Capital app)

The overall ROI of the AI for the last 30 days is +6.21% against -12.65% of ADA.

Performer v2 AI ROI vs. ADA (Buy-and-Hold) ROI, 01.08.2022–01.09.2022 (One Button Capital app)

Explorer AI vs. BNB

Recently, we started testing a new type of AI — Explorer, and so far, its performance has been quite stable and its behavior quite interesting.

As we can see from its trade history on BNB:USDT, Explorer places the orders in “clusters” of buys and sells, averaging out entry and exit prices.

Trade history chart on BNB:USDT, Explorer AI, 01.08.2022–01.09.2022 (One Button Capital app)

DCA is one of the commonly practiced ways to overcome market volatility, and the AI learned to do it entirely on its own. How cool is that?

It was also worth noting that Explorer was one of the few AIs that exited positions and was fully in cash throughout Aug 15-Aug 29.

ExplorerAI ROI vs. BNB (Buy-and-Hold) ROI, 01.08.2022–01.09.2022 (One Button Capital app)

Overall, the performance of Explorer on BNB:USDT for the last 30 days was +5.54% compared to the market of -1.74%.

The AI trading models we are developing at One Button Capital keep fascinating us every time, and August is no exception.

And this is just the beginning. Currently, we are working on the Performer v3, Horizon v2 models, and the Performer AI for leveraged futures (that can go both long and short.) Things are about to become even more exciting very soon.

In the meantime, you can sign up and test it for free today.

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Max Yampolsky

Max Yampolsky

Building Web3 investment products. Creating new economies. Crypto, DeFi, Solana. Founder of One Button Capital — tech-driven digital asset management firm.