The COSSening - Botting it up part 1

in cossio •  7 years ago 

So if you read my previous series you'd know that we arrived a state where we have collected the lego blocks that we can use to build our coss bot. It will be prone to failure with every new update COSS will implement, but we will adapt.

Building an automated bot using these available blocks is usually 'childs play', if you know what your bot must do, just implement the logic and go with it. I've already built my initial idea I had but I'm left with a hunger. a hunger to trade the competition.

Trading the competition:
looking at the current top 100 ranking we just need to reach a 6000COSS traded each trading day toenter the top 100.
To beat the current number onewe'd need a spectacular +/- 175 000 coss traded each trading day. not something to be done with my limited small budget. This would mean we'd need to think of a stratigy that generates a lot of trading volume with little to no risk, we also don't want to lose money trying to trade it. With the current stance against wash trading it might be that some of the traded coss in the rank top 100 might dissapear. but let's not count on it. Another thing is since we haven't traded at all and we're just enterung the competition we do have some trading days we need to catch up for. This doesn't leave us with an easy task.

Thinking of the stratigy:
We will start blank, where do you get your inspiration?. One thing is sure, we'll need to generate volume. will we create it based waiting for people to fill our own orders? Or are we going to take matters into our own hands and just trade the market. Trading the market seems like the best way to go forward for trading the competition, it guarantees you're reaching the volume you need in order to reach the top 100 and win a part of the pool.

Once we've got our stratigy lined up what it needs to do it's time to assemble our building blocks and run the bot. nodejs style.
feel free to comment and upvote.

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