About BooF-Bots
Smart Trading Bots for the VALR exchange
The idea for Boof Bots sparked during the 2020 lockdown, fueled by frustration with Binance’s trading bots at the time. But a seemingly simple fix turned into a reality check: building a reliable bot is tough. Through extensive testing, I abandoned complicated predictive models after finding them unreliable for long-term use, and steered away from high-risk approaches. The only strategy that held up in hands-off trading? Rebalancing (mean reversion).
The approach is straightforward: maintain a portfolio of cryptocurrencies, buying low when the price drops below the portfolio average and selling high when they climb above the average. The bot is designed to self-regulate and operate regardless of market conditions. No speculative formulas — just disciplined market mechanics.
The first version, built on LUNO, stumbled due to an unstable API and early coding missteps. Version 2, powered by VALR’s exceptional API, is a complete overhaul — simpler, smarter, and built to last. It pairs trading with a staking edge: A percentage of each relevant currency is staked for guaranteed growth alongside trading profit.
Optional features — like trend-adjusted balancing, volatility-based margins and downturn protection — add flexibility and safety but stay tightly controlled to protect the core strategy. BooF Bots doesn’t chase moonshots; it’s engineered for steady, hands-off profits on VALR’s rock-solid platform.
Please Note
This is not a short-term or high risk/reward bot. Its a long term HODL type bot that generates profit from the volatility of indivual coins, while ensuring stability by investing in as wide a spread as possible. Real results will only be seen after a few weeks~months, when sufficient buy and sell trades has been made.