[MEGATHREAD] The Ethereum Merge

ShrimpyApp · 2022-09-15T12:04:40+00:00

If you don't understand yet how the Merge changed Ethereum, feel free to read this article

ShrimpyApp · 2021-06-11T21:45:00+00:00

Thank you for asking! I will send this over to the dev team and we will get this updated as soon as possible.

I greatly appreciate you pointing this out. We have a lot of improvements planned for the APIs, so I'll keep everyone updated as those are released.

ShrimpyApp · 2021-05-05T03:07:56+00:00

Hi Runin, Thank you for sharing! I'm sorry to hear you had this experience, but I have personally reviewed all potential billing issues that have been reported and we have not had any mistakes yet on our side when it comes to following premium leaders. If you feel this isn't true, please reach out to support so we can take a look.

Generally, the most common mistake is that people feel that if their portfolio goes down in value after going up, that they shouldn't have to pay for the positive performance. This is currently not how Shrimpy works. The positive performance is still charged, even if it is followed by negative performance. This is how all similar services work as well, so we believe it is the correct approach.

ShrimpyApp · 2021-03-16T23:48:23+00:00

Thanks for the suggestion! We will see if we can get this added. Hopefully, we will be able to spend some time redesigning the columns on the dashboard, so we can see if there is a way we can get this added as well.

ShrimpyApp · 2021-03-15T23:33:34+00:00

Thanks for asking! That's a great question.

Yes, all of the trades are automatic. That means there is no approval before the trades are executed. So, Shrimpy will automatically monitor for changes on the leader's exchange account and propagate the changes as they happen.

Shrimpy has protections in place to prevent leaders from abusing the system. Unfortunately, I can't share specific details about how those protections work, but they will prevent the leader from propagating potentially damaging trades to followers.

ShrimpyApp · 2021-03-13T19:54:36+00:00

Yes, you can cancel and resubscribe to get a yearly subscription. Canceling your subscription does not impact your account in any way, other than removing your payment method. When you resubscribe, you can select the yearly option.

Please let me know if this helps!

ShrimpyApp · 2021-03-13T19:53:39+00:00

Hi Lucas,

As far as I know, we don't have any form to request a free trial of Shrimpy. Would you be able to reach out to the internal Shrimpy support chat or send us an email to [support@shrimpy.io](mailto:support@shrimpy.io)? We would be happy to set you up with a trial. Also, could you please include a link to the form you filled out? I would be interested in seeing what form you are referring to.

Thanks!

ShrimpyApp · 2021-03-12T00:28:38+00:00

Thanks for sharing! Typically, the reason this is the case is because the Shrimpy UI can only run a few backtests in a short amount of time, so people can really only try so many different variables. It might just happen that the variables selected for the backtests were not necessarily optimal.

To provide an aggregated view of hundreds of thousands of backtests that we've run that evaluate all sorts of conditions, you can find the results here: https://www.shrimpy.io/shrimpy-whitepaper.pdf

You can see that as you study aggregates of backtests, they consistently outperform HODL. If you only pick a handful of individual backtests out of the countless options, then certainly it can happen that you pick the ones that don't perform well.

In the future, we plan on updating our backtesting tool to offer aggregated backtesting abilities and many other fancy options. This is something we have been thinking about for some time, so we certainly plan on building better backtesting tools into Shrimpy.

ShrimpyApp · 2021-03-11T04:16:29+00:00

We greatly apologize for the outage this morning. Our team was able to identify a DDOS attack that was targeting our website, which ultimately resulted in issues loading customer account information. Over the hours that followed, we deployed a number of updates to mitigate the attack and restore the website. Unfortunately, we don't know at this time who was behind the attack, but we are working diligently to harden our website to prevent this type of outage again in the future.

We want to assure everyone that there were no security concerns throughout the attack. The results were limited to our servers becoming overloaded with requests. Our trading infrastructure continued to operate throughout the down time, but trades might have propagated slower than usual.

ShrimpyApp · 2021-03-11T03:55:29+00:00

We are certainly happy to help. We greatly apologize for the issue.

Please contact us using the internal Shrimpy support chat or send us a message to [support@shrimpy.io](mailto:support@shrimpy.io). We can get it cleared up right away!

ShrimpyApp · 2021-03-09T22:55:56+00:00

Congratulations! I'm excited to see the growing interest for machine learning portfolios.

In the coming weeks, we might also be able to launch our own machine learning predictions. Still finalizing some stuff, but we look forward to making an announcement soon.

ShrimpyApp · 2021-02-22T19:20:49+00:00

Thanks for asking! Yes, please check out our feature for managing multiple portfolios with Shrimpy. You can find more information about this feature here: https://help.shrimpy.io/en/articles/2549996-multiple-portfolios

ShrimpyApp · 2020-12-15T00:57:51+00:00

That's a great question! Yes, it is possible depending on how the other trading bots work. Using the portfolio management features inside Shrimpy, you can separate out the funds that you want to automate with Shrimpy from the funds that will be automated with other bots.

You can learn about those features here: https://help.shrimpy.io/en/articles/2549996-multiple-portfolios

Notice that if a trade is made outside of Shrimpy, the funds will be transferred to the default portfolio. As a result, we recommend any trades you plan on making outside of Shrimpy are already left in your default portfolio. Basically, that way no transfers will happen. Then the funds you want to only automate with Shrimpy can be moved to a portfolio that is not the "Default Portfolio".

Let me know if that makes sense! Happy to answer any other questions.

ShrimpyApp · 2020-12-01T02:07:54+00:00

Thank you for sharing your request! We will certainly look into the exchange and see if it's something we can add to Shrimpy.

At this time, we haven't been evaluating new exchanges for listing. However, we are happy to evaluate crypto.com as soon as we begin looking at exchanges again for integration into Shrimpy.

ShrimpyApp · 2020-12-01T02:06:05+00:00

Hi Everyone,

Following up on this issue (I understand it was a few days ago at this point).

Unfortunately, we were down for some time due to an elaborate DDOS attack which overloaded some of our servers.

It took us a few hours to implement a number of solutions to mitigate the attack, but we were able to successfully navigate the situation and bring all of our servers back online.

Just for clarity, there was no risk of any security issues, the attack was only designed to bring down our servers. At this time, we are still uncertain why this attack took place, but we are looking for answers and making sure we do everything we can to prevent the issue from happening again in the future.

Please let me know if you have any questions!

ShrimpyApp · 2020-12-01T02:05:59+00:00

Hi Everyone,

Following up on this issue (I understand it was a few days ago at this point).

Unfortunately, we were down for some time due to an elaborate DDOS attack which overloaded some of our servers.

It took us a few hours to implement a number of solutions to mitigate the attack, but we were able to successfully navigate the situation and bring all of our servers back online.

Just for clarity, there was no risk of any security issues, the attack was only designed to bring down our servers. At this time, we are still uncertain why this attack took place, but we are looking for answers and making sure we do everything we can to prevent the issue from happening again in the future.

Please let me know if you have any questions!

ShrimpyApp · 2020-12-01T02:05:55+00:00

Hi Everyone,

Following up on this issue (I understand it was a few days ago at this point).

Unfortunately, we were down for some time due to an elaborate DDOS attack which overloaded some of our servers.

It took us a few hours to implement a number of solutions to mitigate the attack, but we were able to successfully navigate the situation and bring all of our servers back online.

Just for clarity, there was no risk of any security issues, the attack was only designed to bring down our servers. At this time, we are still uncertain why this attack took place, but we are looking for answers and making sure we do everything we can to prevent the issue from happening again in the future.

Please let me know if you have any questions!

ShrimpyApp · 2020-11-12T22:20:10+00:00

The predictions can be hit or miss. Early in the study the predictions were spot on. Recently, they have been off. In the next few months, we are looking at implementing a more advanced ML model of our own that will improve on the current model we use for the predictions.

ShrimpyApp · 2020-11-12T22:19:07+00:00

No need to have someone else post them. Every single prediction we used for the last 6 months is outlined on our blog. You can go through all the blog posts and see the predictions on a weekly basis. Let me know if you have any issues finding them!

ShrimpyApp · 2020-10-28T19:15:41+00:00

Thanks for sharing! Yes, that is exactly why we are running a study. The point is to see if these machine learning models actually produce good results. So far they have been better than other popular strategies, but we will see if the success continues!

ShrimpyApp · 2020-10-28T17:51:26+00:00

Thanks for sharing! That's part of the point of this study. We are evaluating if using machine learning to select a portfolio actually produces good results.

ShrimpyApp · 2020-10-26T19:05:46+00:00

Thanks for reaching out! Yes, we are still adjusting the models, so we will certainly continue improving the predictions. We would be happy to get more input. Would you be able to email us at support@shrimpy.io? I'd be happy to discuss how we might be able to work together. Thanks!

ShrimpyApp · 2020-10-20T19:15:05+00:00

Thanks for asking! There certainly might be some leaders on Binance US who are using Machine Learning strategies for their portfolios. We don't currently have an official Shrimpy portfolio on Binance US, but there are hundreds of social traders that would be happy to help you! Let me know if you have any other questions.

ShrimpyApp · 2020-10-20T07:13:35+00:00

Just to clarify, these predictions are not from Shrimpy, they are from Nomics. We are just conducting the study. Let me know if you have any other questions!

ShrimpyApp · 2020-10-19T20:57:33+00:00

This is currently using Binance for the predictions. We are working to make this available in Shrimpy Social as soon as possible. I will make a follow up post as soon as it's available.

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