Over the Christmas break I realized I was spending close to 5 hours a month manually rebalancing my portfolio of ~20 cryptocurrencies weighted by market cap.
I got sick of that pretty quickly so I decided to make a bot that uses Binance’s API to automatically handle that.
A few months later, I quit my job and I’m releasing the hosted version of the bot. Now anyone can put their trade-only API keys into HodlBot, and it will automatically trade into the top 20 cryptos. It will also handle monthly rebalancing automatically.
I dig into the portfolio construction and share the algorithm in this blog I wrote here:
Link straight to the app here: https://www.hodlbot.io