Currently, those who are keen on suddenly posting a few PnL screenshots are merely two types of people.
1/ Attracting followers, high-frequency trading to earn commissions.
- Only opening Ant warehouses myself. For example, a while ago, the bg modified the display page, and a batch of so-called traders who only opened a few U were exposed.
- Or hedging with long and short positions, only showing the profit part, forever young and forever printing money.
- Furthermore, it's simply about editing the images. A few days ago, I came across a guy who opened a long position in gold, made a few points, and earned tens of millions of dollars.
2/ Low-key independent traders, but others can't follow.
- There are quite a few people like this. Their abilities are really strong, but because there is no profit to be made, they are unwilling to show their positions in advance.
- The effect presented is that the big players on Coin or Binance Square have high capital, but ordinary people find it difficult to place a single order.
/
Unlike the black box of CEX, on-chain trading of PerpDEX or prediction markets has a natural advantage; every transaction is transparent and traceable, leaving no room for concealment.
In other words, this is the best gift for novices who lack trading skills but want to get a share in the market; not following this closely could lead to significant losses.
On the other hand, on-chain data is a mixed bag, and without proper cleaning and processing, it’s difficult to find the true Alpha addresses. Therefore, correctly using a platform that integrates 'data sorting and one-click following' is crucial.
Coinpilot is among the best in this regard.
Of course, it's not because they sent me a trial fund that I think this way, but because they sent the trial fund coinciding with the version update, I was motivated to write an article to introduce it.
In my opinion, the best aspect of Coinpilot is 'data preprocessing'.
Classify profit addresses according to different dimensions, rather than broadly categorizing who has the highest profits or the largest trading volume, allowing many fat but low-win-rate gamblers to rank at the top.
The selection types of Coinpilot include the following nine:
- Profit and Loss
- ROI% (Return on Investment Rate)
- Maximum Drawdown
- Win Rate
- Trading Volume
- Sharpe Ratio (measures excess return per unit of risk; the higher the value, the better the cost-performance ratio)
- Sortino Ratio (measures return per unit of downside risk, placing more emphasis on drawdown control than Sharpe)
- Profit Factor (the ratio of total profit to total loss; greater than 1 means overall profit)
- Efficiency (the effectiveness of capital usage, reflecting the trader's precision in capturing market fluctuations)
Selecting different types of the best addresses to follow is akin to hiring different styles of professional traders to work for you, making the overall capital curve smoother.
Lastly, let's talk about the fees; they are truly conscientious in the industry, according to the latest official Twitter information:
- Only charging a fixed fee of 0.05% per order, with all the profits kept by oneself, no profit sharing.
- To celebrate the version update, the fees for the prediction market following platform are 0.
To be honest, compared to similar on-chain dog bots that charge 1%, 0.05% is really very low.
Additionally, all funds are held in local non-custodial addresses, secured by privy technology, fundamentally eliminating the possibility of funds being stolen like those of certain custodial bots.
In short, I am genuinely using Coinpilot and feel that the product is very powerful, perfectly addressing the needs I already had. Friends who are interested can give it a try.
Recently, there is also a new user reward of 20 US dollars, worth a try.