I was playing around on cash app and spent a few dollars on the stocks there. I got bored of it eventually, but it got me thinking that there has to bots for this already.

I want a bot that I can give a dollars worth of stock. If that dollar’s worth rises by two cents, I want it sell a cent, and put the other cent into a pool for the next dollars worth of stock.

This has to have been done before, I just never learned anything about it.

  • Cinner@lemmy.worldB
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    8 months ago

    Yup. I built a crypto trading bot waaaay back in the day (2012ish). 2014 onward the crypto scene started to really fill with scammers and of course people figured out the same strategies (not that what I was doing was unique or even smart, just paid attention to price differences mostly). The best way to do this pre- and during COVID was to pump & dump crypto before it was regulated. Use a token generator and give it some kind of special ideological meaning and pay people to hype it up. Now? Go directly to jail, do not pass go.

    I mean, sort of. Not always, or you wouldn’t have fucking SpongeBob coin overloading the BTC mempool and making transactions insanely expensive.