Pricing
- For accounts with less than $500 in value, cost $3 per month
- For accounts worth $500 to $1000, cost $6 per month
- For accounts worth more than $1,000, cost $14 per month
Platform
Website
Pros
- Users can keep their profits
- The service is reasonably priced
- Rebalancing time can be changed.
- Multiple customizable portfolios
- An adaptable and user-friendly interface
Cons
- Not for experienced traders
- Only provides portfolio management and diversification.
Customer Service
24/7 live chat, email
HodlBot Review
HodlBot is considered to have a severe lack of alternatives, as well as a limited selection of strategies and approaches, when compared to certain other cryptocurrency trading bots.
It is appropriate for beginners and those searching for solutions requiring little supervision due to its simplicity in strategy and implementation.
even though, HodlBot can be installed and left running unattended to attempt to generate some passive income by dispersing widely around the market and doing trading only when the conditions are favorable.
About HodlBot
HodlBot founded by Anthony Xie in 2018, it is a customizable cryptocurrency trading tool that maintains a certain percentage of different cryptocurrencies in your account while diversifying it and keeping it in balance. As a portfolio management application, HodlBot analyzes the entire cryptocurrency market and assists crypto traders in maintaining their cryptocurrency portfolios in accordance with their needs.
By using improved portfolio management, HodlBot asserts to be a straightforward piece of software that takes advantage of the exploding dynamics of cryptocurrency exchanges and different cryptocurrencies.
Who Should Use?
Compared to other bots, HodlBot is more suited for beginners since it features the best security features available, including two-factor authentication and encryption protocols.
Is HodlBot Safe?
Yes, it is safe.
It can only trade your funds, not withdraw them, because it uses an API to connect to your exchange account. All user data exchanged is invisible because the connection is also encrypted.
HodlBot Platform & Features
Custom portfolios
You can choose all the cryptocurrencies you want to hold with HodlBot’s customized portfolios, and you can also select a weighting method that the portfolio will use when it rebalances itself as allocations change in response to market activity. Users may create really dynamic portfolios because the frequency of the rebalancing is completely flexible.
Additionally, HodlBot provides a number of pre-made indices that investors may use as a quick and simple indexing technique rather than building custom portfolios with particular assets, such as a top 10 market cap-weighted index or an entire crypto market index.
Portfolio Rebalancing
Portfolio rebalancing is the process of returning your portfolio to its initial intended allocation. If you wanted to maintain a portfolio that contained 50% Ethereum (ETH) and 50% Bitcoin, for instance (BTC). HodlBot rebalances your portfolio by selling some ETH and buying BTC with the proceeds, bringing it back to its initial target. HodlBot has two distinct rebalancing options:
- Periodic Rebalancing
On a predetermined time interval, portfolios are reset to their intended allocations. Until the portfolio meets its target allocation, overweight assets are sold and underweight assets are bought.
- Active Rebalancing
By using human judgment, portfolios are rebalanced.
Hodlbot Resources
The HodlBlog has regular articles on market activity, crypto trading advice, advanced market measures, and pretty much everything else related to cryptocurrencies in addition to its modern design. Additionally, each article is divided into a variety of practical categories that you can rapidly navigate through at the blog’s top.
In addition, HodlBot features a “Wiki” link that leads to a help section where you can find a wealth of more details about how the platform functions, how to create an account, and much more.
Cryptocurrency Indices
To allow traders to diversify their portfolios instead of picking just one currency, HodlBot has created a special HODL index. Using any cryptocurrency, a weighting method, and historical performance data, they may build dynamic portfolios with advanced market measures. There are a few preset subsets that are concentrated on managing balances and are based on the best-performing cryptocurrencies on the market. These are known as:
- Kraken10 or HODL10
By choosing this method, your portfolio will contain the top 10 coins by market capitalization. By default, Kraken10 is rebalanced every 10 days, whereas HODL10 is rebalanced every 28 days.
- HODL20
Similar to HODL10, but limited to the top 20 assets by market cap; if individual asset holdings exceed 10%, they are redistributed and rebalanced.
- HODL30
the same function as HODL20, except for the 30 largest assets by market cap.
Ease of Use
The software was created with portfolio management in mind, and this is clear from its web-based user interface. The dashboard on the home screen displays some of the most crucial information so users may quickly and easily determine the state of their portfolio.
In addition to the UI, the overall functionalities are still easy to set up and use. For new traders who are concentrating on portfolio management, it is extremely beneficial.
HodlBot Pricing
HodlBot’s price is reasonable given the constraints on the services it offers. It is even free to try for the first 7 days and has one of the most competitive pricing structures for a crypto trading bot now on the market. Here’s a breakdown:
- For accounts with less than $500 in value, the monthly fee is $3
- For accounts worth $500 to $1000, the monthly fee is $6
- For accounts worth more than $1,000, the monthly fee is $14
How to Open an Account?
Take these easy steps to get started:
- Go to the website HodlBot.io
- In the top right corner, select the “Free SignUp” button.
- fill out the registration form
- You can log in and use the service right away.
In Conclusion
HodlBot is a programmable cryptocurrency trading bot that enables users to index the market, design unique portfolios, and automatically rebalance their portfolios. founded by Anthony Xie in 2018,
Nevertheless, despite its ability to serve as a trading bot, the HodlBot platform is certainly not for traders, and it’s also probably not for new investors with little holdings. For someone who can become overwhelmed managing their assets, the expenditures may be justified. HodlBot will actually appeal to you more as a straightforward method of creating any organizational scheme via allocation size the more crypto holdings you have.
HaasOnline Review Overall
HodlBot is an excellent tool for beginners and those seeking a straightforward, hands-off approach to cryptocurrency portfolio management. While it's not suited for active traders or those needing advanced customization, its reliable performance, affordable pricing, and robust security make it a solid choice for users looking to maintain and diversify their crypto holdings with minimal effort.
Pros
- Affordable pricing with a free 7-day trial.
- Reliable for passive portfolio management.
- Customizable portfolios with flexible rebalancing options.
Cons
- Limited to portfolio management, not suitable for active traders.
- Customization is restricted to predefined strategies.
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