Everything sounds wonderful, but how can you avoid that a few whales buy all the ICO? Do you gonna buyback those tokens, at the price they set?
Also, something is loud: the plan is have a legion of forecasters, working almost for free for your robot: is funny for a while but then? Also your system of puntuation is very severe that discourages the traders. You have to know that also de outsiders are important in the market, that the losers are much more important than the winners. Why, because in the long term almost everybody become a loser in the markets.
I only know one trader with a consistent alpha and is Bernard Madoff. Neither Soros. And why won Soros many time? Not for his accuracy but because he build the result from the very beginning.
There will be maximum amount for every participant during the token sale. We are working on the motivation for our forecasters - they are the most important part of our ecosystem. When it comes to trading and consistency: I know many consistent traders, don't know why are saying there is only one.
My point Kate is that everybody can have a good year, or 2 or 5 (if is a bullish market everybody is winner, just like right now with the cryptos) but there is nobody who can give consistent returns across the years. I showed you the top of the top: Buffet, an Index of the most exclusive HF.
Then is Madoff, anyone used to need at least 1 million USD to can participate there, but he promesed returns of 20%-30%. A good HF gives around 7-10% in the best scenario. That's a very very poor alpha.
With Cindicator you are telling can achieve that 30-40%,
and maybe is possible, but
you need all the forecasters, the good and the bad ones. But the app punishes more the mistakes that reward the correct answers. That can give you in the short term a good alpha, but is a formula for disaster in the long term: why, because having more confidence takes more risks, your beta goes very wide and in a correction or black swan you lost everything.
The good traders have anual returns of 5% but their risk are so low that their are really boring.
Do you know how really a trader make money? Losing their clients money, living just from the fee: as you can see in the pension partners chart, lower is the alpha greater is the utility of the hedge fund.
Thank you, here it my reply:
We do not promise any return anyone - only pyramids do this. We are neither a pyramid nor a Ponzi scheme.
Markets are volatile, and every trader knows that past performance does not guarantee future results. We have experienced traders in the team (personally, I am a trader myself) and we are familiar with risk management. We also familiar with black swans (our CIO specializing on such events) and we don't put all eggs in one basket.
We are not going to manage customer's money or live on commission fees (actually, we are not a hedge fund, we are a tech company).
Finally, the primary goal of Cindicator is to create complete infrastructure for the new generation investment funds which will buy access to Cindicator technology (API, forecasting module, data science module, trading module, GUI module, security system). To develop products that can help hedge funds and traders achieve better results.
