Capitalise Review 2022
As of 2022, the cryptocurrency market continues to grow at an unprecedented rate. The industry is booming and shows no signs of recent decline.
In other words, it is as good a time as any to start trading crypto, if you aren’t already. And even if you are, being on the lookout for a better trading tool is always a sound strategy.
Take Capitalise, for example. Is it a trading tool to switch to or to switch out of?
Trading crypto today can be a highly profitable business endeavor, as shown by quite a few success stories around the digital world.
The industry is still relatively young, still definitely growing, and still absolutely profitable with the right tools, the right approach, and the right strategy.
The trick is, of course, to have the right approach, the right strategy, and the right tools. Out of these three, getting the last one seems easiest, but is actually the most vitally important part.
Trading crypto without a trading bot can be an excruciatingly tiring business.
Spending hours in front of the screen and monitoring market conditions on multiple exchanges is tedious and monotonous. It is a good thing that serious traders do not have to do that.
Serious traders rely on crypto trading bots. Proper trading bots do exactly the same thing as human traders do, only better.
Being immune to drops in concentration, boredom, emotions, and silly things such as physical needs, sleep, thirst, hunger, and any form of leisure or pause, crypto bots outclass humans in every segment of the job.
If done and set up correctly, of course.
Is Capitalise a crypto trading bot done right? This Capitalise review is dedicated to finding out whether it is or not.
Capitalise is a trading automation platform that serves to help day traders without much previous knowledge or coding experience make their own automation scripts that can execute trading deals across the network of supported cryptocurrency exchanges.
Using the formula mentioned in the introductory part of this review, Capitalise has created a software that gives rookie traders and users without any programming expertise the ability to make reliable, stable, and profitable crypto bots.
These bots then replace them in front of their devices and relieve them of the need to spend hours at the screen, reducing them to the optional several minutes per day to tweak things and check the operational state of their bots.
And who wouldn’t like to reduce their working time to a portion of its current amount?
Apart from non-programming crypto trading bots and automated trading orders, Capitalise offers detailed market analysis, backtesting, market simulations, and smart notifications that pop up on your device whenever a significant change occurs on the targeted crypto market.
That’s the theory, at least.
Let’s test whether the narrative holds in reality and whether the situation will remain by the end of this review.
Capitalise Crypto Trading Bot Review
The fundamental aspect of Capitalise crypto trading bot is that it extracts its coding syntax of plain English.
In other words, you do not need to have a mastery of a certain coding language to provide instructions to the trading automation script.
You type the instructions in plain English, feed the sentence to the editor, and then the software extracts workable orders from what you have typed.
For example, if you wish to create an instruction for trailing take profit, you would type:
Entry: “Buy 10K NFLX if NFLX crosses below the 24-hour low”
Exit: “Close position at trailing take profit (10%, 3%)”
In similar manner you can provide the bot instructions to conduct TradingView alerts, trailing stop loss, MACD cross, assets correlation, etc.
While this does sound marvelous, in practice you still have to learn which phrases activate which commands.
The reason why coding languages and syntaxes sound technical is to be technically precise, and plain English is subject to various interpretations.
This is why with Capitalise and similar platforms you have to “relearn” English to match its coding form suitable to instructing a crypto bot.
There are two downsides to this approach.
The first is that using English in a specific manner for the purpose of coding is harder than it sounds, to a point where it is much simpler to just learn a specific coding language, perhaps even less frustrating.
The other downside is that English is not designed to be explicitly in the service of a digital machine, so certain more complex instructions require language gymnastics worthy of someone with a bachelor of arts in English.
Is it really worth the trouble?
Besides plain English trading bot editor, Capitalise features backtesting and simulations that serve as a safeguard between reckless and needless spending of your hard-earned crypto assets on strategies that sounded better in your head than they perform on the market.
Doing a simple backtest against historical market data is an option that does not seem as much at first, but prevents many bankruptcies before they happen.
A penny saved is a penny earned, in the crypto industry as everywhere else.
Also, Capitalise can be set up to send smart notifications on those issues that you deem to be important to your crypto day trading cause.
This can get you rid of that lingering sensation that you might be missing out on something important that your bot isn’t equipped to deal with at the moment.
These are all welcome quality of life improvements which this review has to commend.
Ease of Use & Accessibility
It is plainly visible as early as you visit their homepage that Capitalise is designed for those who are just starting or have insufficient trading experience to make something of their own using intricate coding language.
The very concept of writing a bot in plain English is meant to attract those with the coding phobia and those who have not tried their hand at programming yet.
This sets the entry bar for the project at a lower point than the standards of the industry set, but a step above those services that provide ready-made solutions.
Easy to use and accessible, yes.
However, Capitalise falls prey to the same issues that trouble entry level-targeted software: as soon as users get a grip on the crypto trading matter, they will start looking for something more.
Whether it is the simplicity of an actual coding language or a crypto bot that packs a heavier punch, the audience will eventually outgrow the software.
Senior traders will simply pass Capitalise.
The only exchanges supported by Capitalise are FTX and Binance, which is pretty subpar to the standards of the industry.
It would benefit the company to obtain integrated support from at least a couple more major players in the industry in order to give more maneuverability to its users, thus increasing their performance and capabilities of making a profit.
On the upside, at the moment, registering at the platform is free of charge.
This includes the ability to use all its features, including crypto trading bots, crypto trading bots editor, market research, smart notifications, etc.
Perhaps the features that these guys offer aren’t the most advanced or the most profitable in the industry, but at least they are free, for now.
Top-Rated Crypto Trading Bots
These crypto trading bots have been voted as the best consistently in user ratings across various websites.
|1||Pionex||GET IT FREE|
Ultimately, this review has a verdict to deliver. Is Capitalise a crypto trading bot that can reliably execute trading orders and automate crypto trading in a successful attempt to establish a streamlined profitable automated career?
The answer is far from positive. While Capitalise makes certain steps in the right direction when it comes to accessibility and smooth user experience, it ultimately gets bogged down in unnecessary gimmicks that ultimately hinder more than they make easier.
While programming in English does sound refreshing, things get complicated very easily and making a powerful crypto bot using only English rapidly scales in difficulty, up to the point where it becomes less difficult to tackle a programming language and do things as they were meant to.
Both of these services make crypto trading life easier for the newly initiated while preserving the option to provide for those with bigger appetites for more powerful scripts.
While one can argue that you can try Capitalise anyway since it is free, we argue that you can just as well save your time and embrace your crypto trading career in full, much more quickly and efficiently than by going via winding paths.
The final choice is, of course, yours. But we predict that you will come back to either Pionex or Bitsgap sooner or later.
Why? Because new gimmicks are good, but tried and true methods that have prevailed on the market since its early stages and become more advanced in the meantime win in the long run.