What is your profit taking plan? I built a tool that will tell you what it should be
Hey everyone!
For me (have been here since 2016), nothing is worse than realizing you could have increased your holdings by selling when you sensed the market was peaking.
That's why I created kollit.ai ! I am super excited to share it with you and hear what you think. It is a personal project that's been in the works for over 6 months. Around a year ago, as I prepared myself for the upcoming (inevitable) bull run, I wanted to figure out the best way to take profits to prepare myself for the next (also inevitable) bear market. Obviously, I'm not interested in selling all my holdings, nor do I want to DCA out. While DCA works okay, it doesn't quite capture my specific wants and needs.
It's a (free with paid options) tool that helps you craft your perfect profit-taking (and market entry) strategy, based on your market outlook and predictions.
So, how does it work? It minimizes "regret"—both the regret of action ("Fuck, I shouldn't have sold at that price") and the regret of inaction ("Should've sold when I had the chance"). My algorithm balances these two regrets to output a strategy that fits you perfectly.
Getting started is easy:
- Visit the landing page to understand if this tool fits your needs
- Enter 5 price points for each asset you want a strategy for
- Play around with a few parameters like risk tolerance and execution pace
- And you're all set!
I'm just wrapping up the closed alpha stage and opening registration to everyone. For now, I'm allowing a few dozen people each day to keep things smooth and make sure everything works.
I'm also thrilled to introduce a new feature that wasn't in the alpha—Wisdom of the Crowd. You can now check the asset page to see how many active predictions each asset has, and when an asset reaches over 100 active predictions, you can harness the collective insights to give your strategy an extra boost!
As a launch promotion, every new user gets 12 extra free tokens + 1 token for each month they log in 🙂
I'm a solo dev and poured my heart into this, using every spare moment I had. Maintaining this project costs over $60 a month (thanks to machine learning and all the calculations), so if you like what you see, I'd really appreciate it if you'd consider buying a token package 🙂
I listened to you 😀 Although currently it's not not mobile friendly, sorry for the inconvenience, it's in work.
New Features:
- Added Google authentication (if you encounter an /auth/auth-code-error, try replacing it with /dashboard)
- New landing page to better understand the tool's capabilities
For those siging up without google: I ask for birthdate, name and country in the signup. The birthdate is for legal reasons, verify that you are over 18. The name is for the avatar and notification emails in the future, and country is for me, if you want to keep it private just put another country as you can also use a made up name.
Invite you to join hundreds of users and check it out at kollit.ai
submitted by /u/mango_sake
[link] [comments]