FAQ’s

Stablecoins are digital currencies backed or pegged to a “stable” reserve asset like the US dollar or gold. By design, they aim to minimize typical cryptocurrency volatility by providing consistent value. However, there are differences in the types of stablecoins and it is important to understand the “tokenomics” of how individual stablecoins operate and hold their value. There is a spectrum of stability and it is worth noting a few things, such as how a stablecoin is collateralized, what type of asset it is collateralized with, and how it maintains its target or “pegged” price.

Types of Stablecoins

There are four common types of stablecoins:

• Fiat-backed: Such as GUSD, USDC, BUSD, and USDP (PAX) – are the most widely used and interchangeable with USD on a 1-to-1 basis. For every stablecoin in circulation, the issuer of the coin holds $1 USD or cash equivalents in reserve.  
• Commodity-backed: Stablecoins that are collateralized by physical assets, such as real estate or gold, like PAXG. The value of these stablecoins rise and fall with the value of that corresponding asset.
• Hybrids: Some stablecoins, such as USDT, are collateralized by a mix of fiat and non-fiat assets. According to their 2021 independent account report, USDT had ~83% in cash and cash equivalents in their reserves, with other collateral which includes digital tokens, secured loans, corporate bonds, and precious metals.
• Algorithmic stablecoins – These types of stablecoins are not collateralized by fiat, commodity, or physical assets. They are not hard-pegged to the value of its fiat counterpart, but rather, the target price is intended to come from an algorithm which manages the supply of the stablecoin. Algorithmic stablecoins manage circulation by increasing supply when prices rise above the tracked fiat value or decreasing supply when prices fall below the tracked fiat currency. It is important to note that not all algorithmic stablecoins are the same when it comes to how or if they are collateralized. Some of the variances can be categorized as:
  • Crypto-backed algorithmic: These types of stablecoins, like DAI, are collateralized by cryptoassets. For example, DAI is collateralized by 18 different types of assets and isn’t “hard-pegged” to the US dollar, meaning it can fluctuate slightly above or below the 1:1 ratio to USD. DAI has also indicated that it manages its value by being overcollateralized at 164% as of May 12, 2022.
  • Smart-contract algorithmic: Stablecoins like UST are purely algorithmic, can be uncollateralized or undercollateralized, and may not hold reserves. In the case of UST, its target price is “backed” by its “sister currency” LUNA.

Another consideration to make is where a stablecoin is domiciled as this may affect if and how it is regulated.

Common Stablecoins 

• Fiat-backed: USDC, GUSD, USDP (PAX), and BUSD – approximately 92% of the stablecoin volume held on BlockFi.
• Commodity-backed: PAXG – approximately 1% of the stablecoin volume held on BlockFi.
• Hybrid: USDT accounts for approximately 6% of fiat-collateralized stablecoins on BlockFi.
• Crypto-backed: DAI – approximately 1% of the stablecoin volume held on BlockFi.

A signal is the name given to a trading tip.

Essentially when we provide you with signals we are telling you what we plan to buy, when we’ll buy it and at what price we’ll buy.

We also include take profit targets which are the exact prices at which we will sell as we move into profit.

We also include a stop loss,  the price at which we will sell if prices falls to minimise our our losses.

You can take this information and follow along either by manually entering these trades on your chosen exchange or by automating via a service called Anny.

The information is published in a private BlockParty Trading channel on the Telegram Messenger app. Once you have signed up as a member we will grant you access to this channel alongside our other 3 premium channels (24/7 support, Newsfeed, Market Scanner).

You can view the channel in the members section of this website or by signing in on the telegram app. allowing you to follow the trades on the go.

We also provide 24/7 support through the telegram messenger app. simply download the app. and message @BPTadmin with any questions that you may have.

No results will differ from user to user for a variety of different reasons.

Different exchanges often have different coins available so the number of deals available for you to enter will be dependant upon your exchange; and even the same assets can have different price movements on different exchanges.

Individuals with more time and interest will be able to enter trades are frequently and better learn how to manage trades but as a company we work tirelessly to ensure that traders of all levels are able to profit and offer fully automated solutions for those with little free time.

The entire automated trading process is all done via API – which is simply telling your account whether to buy or sell a particular commodity.

You retain custody of your funds at all time, the bots can only trade funds in your exchange account. To allow this you must link your exchange account to either Mizar or 3commas.

There is no ability to withdraw any funds at any point.

Whilst this system 0f API keys is safe and designed to protect your funds by keeping them under your direct control at all times ensure to be vigilant with your keys and passwords to continue to protect your funds.

All the bots are safe, if operated within the recommended set ups and pre-sets. There are however risks involved in trading any assets and with the increased profits found in crypto comes increased risk. Our systems are designed to mitigate these risks either by employing stop losses (The DeLorean) or a DCA structure (BotParty 3.0, BigWickEnergy & The HoneyBot).

Stop Losses limit your losses by exiting positions quickly when the market moves against you, DCA systems never sell in a loss and instead work to lower the average buy price by buying more as price decreases allowing you to continue to profit even when the market moves against you.

With the DCA system the risk is therefore not losses but instead ‘hanging trades’ trades where you have purchased decreasing assets and are waiting for them to ‘bounce’ allowing you to exit in profit.

Providing everything is set up correctly the Bot will just do its job. That being said the more active and more you learn the more efficient you can make the bot. Bots can also be made safer in regards to market exposure during peak periods in the market for example. The crypto market is the most volatile on Earth so it is always worth paying attention to what is going on.

We have 24/7 community support for the bots to help you navigate the market and maximise your bots returns and safety. We update weekly with optimised bot setting for the bots in this group.

The hardest part with this is realistically the initial set-up with exchanges and KYC – never fun but always necessary…although starting the bot is relatively simple. Check out all of the videos and guides found here and remember we provide 24/7 community support if you get stuck or have any questions.

All results for all automated products are found on the marketplaces where they are sold;

Mizar Marketplace

3Commas Marketplace

If your bot doesn’t have a Stop Loss system then it will utilise a DCA system.

Stop Losses limit your losses by exiting positions quickly when the market moves against you, DCA systems never sell in a loss and instead work to lower the average buy price by buying more as price decreases allowing you to continue to profit even when the market moves against you.

With the DCA system the risk is therefore not losses but instead ‘hanging trades’ trades where you have purchased decreasing assets and are waiting for them to ‘bounce’ allowing you to exit in profit.

Like anything in trading, there is no such thing as a silver bullet that will 100% guarantee profit. Although there is an extremely high chance to profit – based on extensive research, expertise, testing & historical performance.

All of our verified historical data is available on the marketplaces where the bots are sold. This data is recorded and verified by the platforms themselves.

Mizar – referral link

3commas – referral link

Watch our video on DCA

DCA stands for Dollar Cost Averaging.

A DCA bot is an automate dollar cost averaging system used to profit from the volatile crypto market.

The bot places an initial buy order with a take profit target a few % above the entry price. For example if your bot purchases  1 BTC at $20k and set a take profit at 5% above entry then if price rises 5% you exit with a 5% profit.

If price falls instead your DCA system kicks in and makes further purchases to lower your average buy price of your BTC. So for example if the price of BTC falls to $10k and you purchase another 3 BTC your average buy price will be reduced to $12,500 as you bought 4 BTC in total for $50,000; 50,000/4=12,500.

From this point you our 5% profit target is now only $13,150 per BTC meaning we are able to profit even though the price has fallen.

Our DCA strategies manage this process automatically to allow you to exit trades in profit in all market conditions.

Please contact the platform for support on any specific trade errors or issues. We can sometimes provide the answer or advice but the majority of the time the platforms will be able to support you directly. 

You will need Telegram and an Exchange.

Telegram is where all of the trades and information is published. Its a highly secure and super functionable messaging service which is the standard communication tool in the crypto market.

An exchange account is required to execute your trades, find links to our recommended exchanges here.

Our trading bots are housed and sold on Smart Trade Platforms Mizar & 3commas. Mizar is subscription free with performance (profit share & traded volume fees) so you only pay a small % of your traded volume and profits to trade. 3commas has several different subscription levels.

3Commas

Mizar

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Trading View

We highly recommend Trading View, it is the pre-eminent trading chart software and allows you to track the prices of the assets you are trading.

Trading View is free but has several premium payed options which gives access to more advanced features.

We accept fiat or crypto payments.

You can pay via Fiat or Crypto for the upfront subscriptions on 3commas, all Mizar payments are handled passively via the performance fees.

Not at all – we even recommend you to try using a paper trading account (pretend money!) to trade along initially to get a feel for placing trades in real time and understanding the process before YOLO’ing in. It is always worth ensuring that the return is worth the time too – we would general recommend a minimum of a $1000 for a healthy portfolio to start with to ensure you are above the monthly subscription and also growing that portfolio.

It’s not our business to ask about people’s personal balances but you can ask whatever you want in the chat and support channel!

Absolutely, we host a lot of in-depth fundamental and on-chain market analysis alongside a 24/7 Market Scanner that will highlights potential opportunities. This is perfect for experienced traders to then add their own TA to so they can trade according to their schedule. Our  Premium Newsfeed – uses custom tech. to scrape information instantly from curated sources to ensure you are front running any news based trades. Most importantly, we’re a community of like-minded traders so there’s not better place to celebrate wins or get that pick me up you need when a loss does arrive.

We publish the results of each trade as they happen, and then compile these results at the end of the month.

Since we trade with multiple profit targets we split the initial investment between the targets. For example we might allocate 50% to the first target, 30% to the second target and 20% to our third target.

Each trade is unique and the results you see reflect exactly this split so if TP1 is 5% up from entry and we have allocated 50% to this target then our monthly results will show this target as 2.5%.

We feel this is fair and fully transparent and recommend to check this allocation when checking results from competing services.

As per above, we cannot 100% guarantee profit on every trade although we will certainly give you the best chance and don’t worry the whole point of our service is that we do the hard work of looking at charts so you don’t have to.

Like with anything in trading nothing is guaranteed, but we have a fantastic record to fall back on, so please see all our historical results here for an indication of expected return.

Currently we use Cornix as our copy-trading system although will be migrating to Mizar for a more advanced and reliable system that will no longer charge a monthly fee just a small performance fee – so you only pay if you profit.

Sign up to Mizar here > https://mizar.ai/sign-up?referrer_id=c9ca4db0-dbac-4c90-bc9d-0e6418796fb1