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by Nate Urbas

Crypto Trader, Bitcoin Miner, Holder. 🚀🌑

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GoldOnSteroids

goldonsteroids.com

(0 reviews)
(0 reviews)
Site Rank: 1359

If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....

Their Official site text: 

ntroduction of a deflationary system
In a very small nutshell: The GoldOnSteroids ecosystem is a Decentralized Finance (DeFi) system, which combines shared financial power to invest in our own tradingbot. The profits of the bot are returned to the community through buybacks after taking profit from the traderaccount. The definition how this process goes, is everytime the same to ensure a ever-growing basevalue of the $GOS-token. The whole process will be explained in detail below.
The address of our $GOS is: 0xc9393609A47f5744ce98369208b9dc66224E6b5d and you can find the sourcecode here
The Tradingbot
Our bot runs at a real broker which is directly connected to crypto, so we are able to deposit and withdraw directly in USDT. With that in mind, we can be 100% transparant in transactions and share them with you. The broker is Evolve Markets. We have a real account there wherefrom our website takes the orderhistory and live trade data, so we can watch the account statistics in realtime 24/7. You can see this on the Dashboard.
You will also see the profits, losses, deposits and withdrawals. We guarantee the withdrawal with sharing the TX-ids on the website and on our discord in the special dedicated channel for withdrawalmanagement. How the withdrawals are arranged, you can find out in the next chapter.
The tradingbot uses a presetted stoploss and a trailing takeprofit, so we always know exactly the risk per trade-cycle (which consists of 1-3 trades combined). So we use a setting for the tradingbot, which configures the size of the trade. This is done by our bot by looking at the tradingbalance and dividing it by a number. For example, if the tradingbalance is $20000 and the size-divider is 400, the tradingbot will open the next trade with size 0.50 lot ( 20000 / 400 = 50 and 50 * 0.01 = 0.50). The smaller is lotsize of the trades, the smaller the profit and the smaller the risk. Please refer to the image what settings exactly will do with the risk on the tradingbalance. We communicate the traderbotsettings and changes on our Discord.
Risksettings of the tradingbot
Risksettings of the tradingbot
Quality above quantity
Our bots are sometimes NOT trading for days. But don't worry: they are scanning the market every second when the market is open (5*24).
The most important thing is to know that the tradingbots wait for the market to come to the conditions the bots expect so an entry is possible. Not before.
Therefore, we trade with quality and not quantity. Sit back and relax, the tradingbots will take their entry when the market is there. Accumulate profit on your $GOS Token and just chill. Profit will come to you and you donot need to do anything, except holding $GOS.
Profit: We withdraw! (Yes, 50%)
First, we only withdraw when the tradingbot is in profit. When the balance is lower than the previous withdrawal, we do not withdraw until balance is restored. We call this highest level the High Water Mark (HWM)
Secondly, we withdraw 50% of the profit made. The other 50% is kept into the trader for compounding effect. The amount after withdrawing 50% is seen as the new starting balance for the next withdrawal.
Third, The withdrawn amount will be used as following: 90% for a market buyback on SushiSwap, so the tokenvalue rises and tokenholders are rewarded. 10% will be the salary of the team and extra marketing when needed.
The $GOS Tokens which are bought back from the market, are burned to create even more deflation!
Results of the tradingbot
We have to say, the bot has good backtests and live performance, but results from the past do not guarantee the future. The Bot could hit a Stoploss so we go down on the account and will have to wait until it has grown back.
The live results are for anyone visible on the Dashboard, just as the withdrawals made.
We also have ran many backtests, and will share the results from january 1st, 2022 to novembre 21st, 2022 with you on this report page as example or the further below for multiple tests and setups. You can check every trade manually, see where it goes completely right, wrong, corrections are made, etc. We have used the 5000 USDT to run the example. You can see with our current settings, we made it from $ 5k to $ 25.4k in 10.5 months. That's x5. Again, no guarantees for the future. Please do understand that our current settings are pretty conservative (max SL around 33% accountbalance) and if we decide later on the take higher risks, the rewards could be WAY higher. (in our current system, we use 180 dollars accountbalance per 0.01 lot. If we run the same backtest in the same period with $5k, but if we use 60 dollars per 0.01 lots, we actually end up at $ 514k (x103 for the mathboys). But if we woulddo that in real and hit a SL, that impact would be about 90% of the account.).
USDT Staking
We offer USDT Staking as an extra util. Every week, a new pool is opened (entries in the weekend), which will full compound individually (on a seperate trader account) for 4 weeks continously.
After the 4 weeks, 30% of the profit is returned to the Staker (plus initials), 30% is added to the regular tradingbalance (to rise future profits), 30% is used as a buyback (where we burn the tokens afterwards), 10% is for team.
This will extra increase our general performance, plus adding great price growing on the $GOS-Token due to the large buyback!
All information and realtime data, how to entry, etc. is found on our Discord!
Marketprice of $GOS
The marketprice will be influenced in 3 ways, which are to be divided as following.
First, we have our investors (from ICO or after) which believe in the system and want to take profits from the traderbot too. These people buy the token (price goes up) but will also be selling (price goes down) to assure there investments or running DCA-techniques (both ways).
Secondly, there will be papertraders. This are the normal traders which only buy/sell long/short on priceaction and try to make a profit on it. This can greatly impact the price, but can never go below the price baseline which is always growing (more info below).
Third, the price is impacted by the profit we withdraw from the trader and we buy tokens for it. This part of the system will grow the price baseline of $GOS.
And last but not least, the tokens from the buybacks are burned, so the baseline gets even stronger!
How to buy
We are only working with USDT on the Ethereum Main Network, as our broker does too and we expect 100% transparant transactions. The address of the ERC-20 USDT Token is: 0xdac17f958d2ee523a2206206994597c13d831ec7
If you are not familiar with DeFi, no problem. Just install MetaMask on your Chrome browser or use Trust Wallet. there are several other well known systems for managing wallets on Ethereum, these two are the most commonly used.
When you have MetaMask installed, its automatically connected to the Ethereum Main Network. You can now transfer or exchange the USDT from your favorite exchange (Binance, Bybit, Kucoin, whatever) to your wallet address.
When you have the USDT in your wallet but don't see it in the list, you can manually add the above address in MetaMask. It will show up.
Make sure you keep also a little ETH in the same wallet to pay for transactioncosts.
You can buy it at our link at SushiSwap.
Why does the price of the token go up
This is because we use 45% of the profits of the trader to buy tokens from the market and then the tokens are burned. The other 50% is used for compounding (compounding is reinvesting profits to make more profit).
We have drawn an example below, stating that after the launch, no one buys or sells their tokens anymore (otherwise we can't calculate what would happen, but in reality there will always be trades with the token)
In this example, we start as example with $20k on the trader and a liquiditypool with also $20k with 4000 GOS-tokens. This results in a tokenprice of $ 5.00. After a while, the tradingbot has made 25% profit and we withdraw 50% of it and do a buyback. The price of the GOS-token is affected. After that, same happens again. We have shown what would happen with 25% buybacks and 50% buybacks. In reality, we do the buybacks in much smaller portions to prevent papertraders selling off after a buyback. Please also read the paragraph about the buybacks.
Baseline growth
Baseline Growth of $GOS Token
How do the buybacks work exactly?
When we have withdrawn a portion of the profit of the tradingbot, we divide the withdrawn profit in 2-10 (variable) portions of different sizes. Then we do 2-10 buybacks on the market, at random sizes and random times so papertraders cant see before when the $GOS will go up. This prevents papertrading on instant selling after buybacks a littlebit.
The remaining tokens from the buybacks are burned, the burn is reported in the Discord.
Withdrawals and so buybacks only happen when a new High Water Mark on the traderbalance is reached and there are currently no open trades (to prevent margin-issues an the traderbalance).
First, we have the High Water Mark (HWM) from last buyback. Let's call it Last-HWM for ease.
Then, we have the current HWM. Let's call it Current-HWM for ease.
We want to know the difference between them, so Current-HWM - Last-HWM = GrossProfit
We take halve of the profit, so the other halve can stay in the traderbalance for compounding, so GrossProfit / 2 = WithdrawalAmount
The Withdrawal amount is withdrawn from the trader and transferred to the GOS-Wallet (tx is always shared on discord)
10% is for team, so 90% is used for the buyback. So WithdrawalAmount * 0.9 = BuybackAmount
A little amount of the BuybackAmount is reserved to pay for all the gasfees involved in the whole process
The BuybackAmount is swapped for $GOS on the market (the actual buyback) and this tx is always shared on Discord
The amount of $GOS bought on market, is then fully burned for more deflation (tx always shared on Discord)
Backtests of the tradingbot
Ofcourse, we did not put the tradingbot on the charts out of the blue. We did a lot of backtests, which gives you an insight on the performance the tradingbot would have made. We have several backtests available for you, so you are able to check every result, trade, size and risk on your own. Remember, some numbers are insane and we will not configure the tradingbot do take that high amount of risk.