On bots
Crypto trading bots have one of the worst reputations out of any software in the world.
How common is it to be on telegram, twitter, discord, youtube, or some platform and then see an ad — or more likely a spam message — that says “just invest blank amount and gain blank-unrealistic-return%.” There are plenty of horror stories of people trusting bots, and getting screwed.
It seems like the tide is turning though.
Everyone from Marc Andreeson, the literal epicenter of elite VC’s in the crypto space, to crypto degens are leveraging bots this memecoin super cycle.
So does that mean bots are now not risky?
No, of course not. But what it may mean is that the phrase “crypto trading bot” may be more maligned than it deserves to be.
The word “bot” just means automating things to make you spend less time sweating the small stuff. Bots can be any form of algorithmic-based assistant. Bots are used to help people book flights, answer basic questions about products on shopping websites, and verify if people in a group chat app, like Discord, are actually human.
Trading bots, though they may have a bad reputation, are just automated software programs that execute trades based on a predefined and programmed set of rules. This allows traders to monitor and react to market changes 24/7.
It’s in this vein that the Axal team is launching Axal Autopilot – a fully personalized, multi-step trading bot to end all trading bots.
Why do a bot?
Crypto holders, from memecoin traders to institutions, have long suffered from keeping up with the market and managing portfolios. It takes a lot of time, you end up being “too late” to big price movements, and existing tools are either too sketchy or too sophisticated. Axal distinguishes itself from other competitors through using autonomous agents for trading management.
It simply is too hard for any human to be able to do on their own.
Axal Autopilot simplifies the complexities of crypto trading by:
Providing a custom trading strategy tailored to your risk profile – everything from yield generating stablecoins to memecoins.
Monitoring top projects by trading volume so you don’t miss out on new opportunities.
Automating your rebalancing and cash-out strategies – so you can phase into positions, yield harvest, and generally not get rekt when the market turns.
Bots today are dumb. They execute on a single function such as copy trading, meme coin sniping, or limit orders. Axal Autopilot changes the game by giving you a full-blown wallet strategy that saves time, generates yield, and takes the emotion out of trading.
What are the features of Axal Autopilot?
So how does Axal Autopilot actually work?
Users start by taking a five-question risk assessment. Based on your responses, Autopilot recommends an allocation. These could be yield-generating stablecoins, top projects sorted by market cap or volume, or categories like DeFi and memes.
Not happy with your allocation? No problem. You can remove, add, or replace tokens and percentages at any point.
The advanced features are what set Autopilot apart from a normal bot. With your allocation set, you can establish parameters for Auto-Rebalance, Auto-Cash Out, and Auto-Yield Scraping.
Auto-Rebalance - Too often, crypto traders will ride a project all the way up to all-time highs and all the way down to the original position. Rebalance your portfolio to your original allocation on a monthly, quarterly, semi-annual, or annual basis. Take profits on winners while adding to others.
Auto-Exit - With this feature, you can set a portfolio stop loss that, if crossed, swaps your positions to your desired stablecoin and sends them to any wallet. When the market turns, you’ll be ready.
Auto-Token Swap - This allows you to put a stop loss or limit order on any position, allowing you to take advantage of market volatility.
Auto-Yield Harvesting - Axal Autopilot seeks the highest yield across only reliable pools like Aave v3 and Uniswap for eligible tokens. Maintain your principal and send your yield to your CEX wallet on a pre-programmed basis. You know, live off dividends like grandma.
Features common to every user are the yield maximizer and fully customizable positioning. Swapping into a position to stake or pool is time consuming. Autopilot does it for you. Positions are also fully customizable. Even if you found a project that the bot hasn’t detected, simply paste the token contract to add it.
How to start
Axal Autopilot takes five minutes to set up. In less time than it takes to scroll through CoinGecko to find a single token to trade, you can set up Autopilot to programmatically execute an entire trading strategy. Here’s how to get started:
Go to https://ax.al/
Take the assessment.
Approve your parameters.
Launch.
Never spend time staring at candlesticks again just to let your emotions get the best of you. Get Axal.