Premise:

As you all know, we currently host our very own cryptocurrency in the Ethereum network which is Zephirex (ZPX); and as such we perform changes to the ledger in the Ethereum blockchain. I'd like to pause there for a second and reflect on how far we've come as a society, to know that a trusted service was created and has allowed for us to partake in their negotiations as a single user still leaves me in awe of such massive collaboration. This can only get better over time.

New information

We also have been mining Ethereum for a total of approximately $240 USD so ironically as a consequence we have been mining the very same transactions we have made, maybe not directly but indirectly.

Stabilization accomplished!

I'm so pleased to announce that in the latest version of our software we have acquired memory stabilization in the Node.js script! This is by far our best software yet, not as buggy and with very small memory usage, super lightweight code that maintains a live connection and trades accordingly 24/7.

See the images below

Before

After

With that being said,

We will now proceed to let the program to run indefinitely like we always have and monitor for any bugs that may arise, as well as deliver new performance reports and improve on it, check out our Performance Reports category to see all reports generated.

As expected, listening to too many markets at the same time generates LAG, I would observe a steady 96% in CPU usage when listening to 7 different markets simultaneously, and now it is alternating between 0% and 2% with only 3 markets (LINK)

Thank you for your patience!

We are back after a solid 5 hours of experiencing a downturn on our webserver, it seems that in the process of using the shared hosting computer as a trading algorithm has taken a toll on our main machine, and has therefore taken down our main website and our forum site.

Not to worry, we have accounted for this happening in the past so as a contingency we would like to acquire the services of a second device (that being locally hosted or on the cloud).

Certainly, an isolated environment such as a separate server has been considered in the past, and as we continue to enhance our trading algorithm we would expect minimal downtime in the future, but for now please bear with us as we continue to develop alongside our main server. This is so as to corroborate our suspicion that the algorithm is playing a part in this outage and this is not just a coincidence.

Version 3.0 is coming along great.

We are pleased to announce that v.3 has seen some enhancements is the last couple of days, currently it is in the testing phase before we unleash it into the markets.

Triangular arbitrage strategy

Concept: To trade ONLY sets of pairs that are interchangeably linked.

We are deciding that the best strategy is to go back to basics and simply trade sets of pairs that can create a triangular pattern and make observations based on these settings, for all intents and purposes; our algorithm should be impartial as to which currency takes the most priority when it comes to trading.

Approach

That being said, we have configured our custom automated trading algorithm to trade only 3 pairs that are all connected, thus in future reports we will be better able to analyze what changes need to be made in the software, and make small adjustments from there. This is also a powerful approach at determining future trends in the market as overtrading of one pair will indicate that when a sudden change in volume occurs, that same currency will more than likely undergo a strong reversal.

In simple terms

What we mean by this approach is that we are as of the time of this post we are going back to the basics for two reasons:

• Endurance test: By going back to basics, we will observe if in fact our trading algorithm is fully capable of adapting to drastic changes in the market in both the long and short term.
• Calibration: As the markets have not been the same since 2018, we anticipate that certain adjustments be made.

What does this mean for your investment?

Your investments remain secure and will continue to operate in the nominal sense, that is; nothing changes in regards to new and existing investments, we are always innovating new and exciting strategies that take us to the next level and closely monitor the state of our pool for both security and performance.

Should you like to inquire about a new or existing investment feel free to contact us via our website at https://zephirex.com or you may do so directly via e-mail at [email protected].

This list is a friendly reminder when traveling to Cartagena and back

En route:

• Brought only one VISA debit card, some places would not take AMEX.
• Brought only one phone and it got water damage (Almost decided to go with digital camera).
• Sunblock was not water-resistant and got sunburned.

While in Cartagena:

• Phone water-resistant case leaked water into my phone. (Test before each use).
• Need to make sure your phone is fully dried before charging it (charge it before going in the water)

Heading back home:

• Laptop was not able to connect to aiport WiFi.
• Had to take a COVID test for $90.000 COP for re-entry to U.S.
• ATM was not telling me I didn't have any funds. (Prefer Servibanca ATMs)
• Currency exchange people would not accept my $20.00 USD federal note because of a small missing corner.
• Baggage security confiscated my lighters from my bag at the security checkpoint.
• Only had an Aloe Vera drink and a chicken Caesar wrap all day.
• Flight connection was 45 min apart with 1-2 hour customs wait and bag re-check.
• Slept on an airport bench and floor for about 10 hours.

Investmemts simplified

In simple terms, we are a hedge fund that is powered by a trading algorithm, aaaaand much like an engine; a trading algorithm is a tool that aims to leverage currency into more currency while maintaining a low risk, many expert day traders would shy away at the thought that a program can be made to trade unsupervised, let alone in the real markets and with impacting financial consequences, although it may be true that a certain level of risk is involved, there are ways to mitigate some of this risk by starting small, first our software was made to trade according to our understanding and in small doses, and we soon found that there were losses involved at this scale and began implementing ways to minimize this loss, while still working with a sizable volume over the long term, this means that we were able to control the level of risk involved and scale the operations as we see fit, which translates into a more beneficial outcome for all parties involved.

Unified theory

By implementing science and mathematics our aim is to scout the unexplored areas of financial physics, not so much in the psychological sense of trading but rather in the forces which govern our universe, in this mannner we can observe if giving these laws to our software, whether it becomes profitable or not, whether it is self-sustaining or not, and thusly by testing out our hypotheses we can navigate in a direction that makes best use of as we study the behaviors of the markets as a whole.

Current predictions

At the risk of being wrong, I would like to make a prediction by what my software is telling me so far when it comes to this new quarter we have entered in 2022. That being said, let's have a look at our portfolio and see what the market is telling us.

As of the writing of this post, I feel confident in the fact that my automated software has made a few good predictions in the past, and often has a tendency to remain profitable regardless of where the market is going.

To those of you who are new to our forum, I would like to begin by stating that what we are explaining in this post is what the software is doing and what its approach is for the current market we are in, looking into a potentially profitable second quarter and making sure that our software is working correctly allows us to make more accurate predictions (and corrections) in the future. As some of you may know, our software has had months where we are in the red, this however is perfectly fine and is to be expected as we continue to calibrate the variables that determine the conditions for our software to adapt.

First things first

Disclaimer: I am NOT a CPA, nor am I licensed to issue any kind of financial advice, therefore the contents of this post are purely for educational and entertainment purposes only, and should be taken with a grain of salt.

Ok, with that disclaimer out of the way, we now have sorted everything by column P which is Profits/Loss (USD).

The first thing to notice is how we are in the profits overall by a factor of $320.00USD in just 16 days, next thing to note is that our quantities purchased are in mostly in the negative, currently ZRX is our biggest gainer and are in the 20% profit for our best gainer against the USD. Let's compare the pairs that are in the green to see how they stack up in the future using our handy-dandy retracement fan.

Strangely enough, the markets have taken a downturn yet our software has not heavily bought in, this may be due to the fact that we have made deposits and withdrawals accordingly to secure and make available funds.

Personally, I first felt bullish on this one, but when we see what's underneath that support there isn't a whole lot going on and may be what we here consider to be a bubble. Essentially there is nothing there so as prices continue to fall they trigger stop-loss orders forcing the price to dip lower, thus creating a vicious cycle of triggering more and more stop-loss orders to fulfill. Same thing that happened with GameStop except it may not be the exact same scenario here.

Conclusion

In any case, it may be too early to tell, although to be fair my robot is at the ready if the price drops and buy back into the pair. With that in mind, for the price of ZRX-BTC to drop, then BTC needs to perform well against the dollar, but also if our software is correct, then the USD may also have to recover from its' inflation problem. Mining issues have always caused BTC to go up so relatively speaking the USD has to deflate and miners would have to struggle somehow (perhaps a hike in difficulty?)

As I claimed before, this pair looks rather bullish in the short-term but could be a decoy, we'll continue to monitor the situation and do a follow-up post.

Hi all, today I want to share another detail I have observed when pulling our report for the YTD of 2022. Having just closed the first quarter -- our prerogative is to make sure that we are going into a successful 2nd quarter with low risk by consolidating some of the biggest gainers in the market.

Little did we imagine that we would come across a pair that is relatively high in risk with a very small profit ($190 USD). So as indicated by the table below, we encounter a scenario where the ZRX-BTC pair is heavily invested and seemingly very hopeful of a downwards trend in the price of ZRX relative to BTC (See highlighted row below), this is commonly referred to as being bearish.

And with the most negative percent of portfolio value in USD (as pointed by column Q at -142%), we should first asses the situation to confirm if the market will indeed take a downturn to our advantage, or if we are locking ourselves into the potential for a greater loss.

It's hard to tell whether it is overpriced or not, and given how on another pair we have the biggest gain without a high risk, we would rather reduce the risk by 15% so that if we buy back at a lower price than our average it can also increase our average price per coin, so let's go ahead and make a purchase in BTC for 600 ZRX and increase from a -4000 to -3400 ZRX in quantity purchased. Note, this report can only see as far back as Jan 1st of 2022 so when taking into consideration the duration of the investment vs the amount of value at risk it is more practical to first reduce the risk than cutting a potentially greater loss in the near future.

Excellent!

So from the time this article began to the time of the purchase the price came down by a small fraction; thus as our intention was to buy, then a lower price worked in our favor to increase our average price per coin. See our purchases below at 02:10:40

Now let's compare with the previous report and see if the changes applied to our balances are in accordance with what we expect these changes would reflect.

Not as fruitful as was expected, but the results can confirm nonetheless that our average was indeed raised by a negligible amount. Having done this does two things, reduces the loss if this pair continues to do great, and raises our average PPC as observed from the change in column K for each chart.

Conclusion

The point of this article is to show how a simple buy or sell can be used to reduce a portfolio into becoming less of a risk, thus the only short-term regret would be leaning more towards not having bought back more ZPX if things go nicely on this pair. Since our quantity purchased is in the negative, this tells us that we have sold that amount from the start of the report's specified period.

Disclaimer: This is not financial advice, please make your due diligence, study the markets first, and even consider seeking financial advice from a certified trading instructor before going into trading.

In case you're interested in getting into trading.

One simple trick I've learned in making trades is that you will first need to make all of the mistakes yourself and see how (while trying) you make the wrong choices, and figure out what those mistakes are, this may seem counter intuitive yet it applies to all businesses.

If you can't handle the heat; then stay out of the kitchen

This famous proverb explains how we must first learn to take the heat, this means taking a certain level of risk - preferably one that is within your budget, this is the cost of dealing with the uncomfortable situation of potentially losing all of your of your investment (and by no means is it good to lose money). No one is comfortable with the idea of this, but until you are comfortable with taking increasingly greater risks, you cannot use your capital as leverage to create a wealth of knowledge.

In short

That being said, the point of this article is to help new and beginner-level investors to monitor their investments, preferably a manageable few are a great start, ideally of course you want to keep it diverse (with two or more investments) yet manageable.