KRYLL: Forging Automated Successful Trading Strategy For Crypto Trading!

View this thread on: d.buzz | hive.blog | peakd.com | ecency.com
·@lanirm.knayam·
0.000 HBD
KRYLL: Forging Automated Successful Trading Strategy For Crypto Trading!
![kr.PNG](https://steemitimages.com/DQmbPHuswbkULM34k8kB6DPDNu6J9Z4Tbr2QRL9qKAZp9yS/kr.PNG)


**Introduction:**

**"Strategy** without tactics is the slowest route to victory. Tactics without **strategy** is the noise before defeat." The above statement makes it crystal clear that without a proper strategy the entire hard work may go down the drain in fraction of second. This holds true in almost every aspect of life and even the world of crypto trading hasn't remain unaffected from this truth! You are bound to lose money when you are unaware of the basic fundamentals of the market. People without any basic knowledge about the market and relating technology have started pouring millions of money into it just in the hope of making jackpot monetary amount. Needless to say many of them have had their hopes crashing down just because they didn't have enough experience to gauge the market's course. Many investors didn't look into trading strategies before, because many of the guides/strategies were difficult to understand for crypto newcomers.

To counter the problem a new platform Kryll, saw the light of day which enabled its users to build automated strategies thereby facilitating crypto trading easier. Kryll provides with a simple and user friendly ways to understand and implement trading strategies. The good news is that it even allows users to execute set rules automatically, rules such as designing and creating strategies. Because of the ease to understand trading tools & interface, traders can test these strategies without any monetary loss via back testing and sandboxing.  Another major advantage with Kryll is that it facilitates live-trade on your behalf thus saving you the hassle of following the market every time!!

![cr3.png](https://steemitimages.com/DQmPCJ8gmogYUDWNkVZFZmdobSZzhRrEztJrMynuy8dPXwq/cr3.png)

Using Kryll also benefits the user to forge and rent strategies to other inexperienced traders thereby helping them in their trading and preventing their loss. So in addition of making profits from the automated trading, you can also generate passive income with the deployment of those strategies.

**Solution:**
Forging strategy and its implication can be done using these 5 main block features:

Market Trends : Market Trends can vary anything from trend analysis such as rise and fall of price, volume modification, data analysis and and examination of supply and demand zone, resistance rejection, pattern and channel identification; machine modelling based on predictions units.

Trading actions : These involve buying, selling, building subsets by splitting, profit holdings and loop etc.

Signals : From various sources such as qualified and experienced traders, reputed Telegram channels or from social network semantic analyses.

Operators : Operators are the ones who will be organizing data feeds and signal interactions, for example, if the current market trend is up and BTC has a general positive feedback on some other platform like Twitter.

Notifications : Users will be kept informed of the status of any strategy set up via text message email or smart notifications.

**Kryll Tokens (KRL):**

The official cryptocurrency from are named Kryll tokens, also called KRL. Kryll also utilizes and is based out of Ethereum blockchain. The ER20 Kryll tokens will be issued by smart-contract at the end of the Token sale in March 2018.

A few fact figures about the basic token sale and its availability are listed below:

- An estimated total supply of 220 million tokens.
- Out of the total tokens 144 million tokens will be on for sales.
- The other 76 million tokens will be used for PR, user acquisition, bounty campaigns, legal expenses, as well as for advisors and founders of the Kryll platform.
- KRL cannot be mined and there won't be more than 220 million tokens
- 1 Kryll is worth 0.2$ as of writing.
- Max hardcap is about US$29 million.
- Contribution can be made with BTC - BCH - ETH - LTC - ZEC - DASH
- All tokens, which are not sold in the ICO will be burned.

**Token Distribution representation:**

![kr1.PNG](https://steemitimages.com/DQmToST7jvk82X4C6JsH3mnvqVuM14YancRKCTUy66jL4PZ/kr1.PNG)

**Fund Allocation & Usage:**

- 54% : Platform development
- 18% : Marketing expenses, user acquisition
- 15% : Exchange partnerships
- 09% : Operational costs, office, hosting
- 03% : Security reserve
- 01% : Legal expenses

**Exchange Support:**
Through API, the Kryll platform will be integrated to all other supported exchanges such as the following: Bittrex, Poloniex, Bitfinex, Coinbase/Gdax, Cryptopia, YoBit.net, Binance, HitBTC, Bitstamp and Kraken which will be the first set.

**Concluding Remarks:**

On a personal note I feel that Kryll has not only a good project idea, but also backed by a great professional team. It won't be an exaggeration to say that this project promises immense potential, because with every day passing, new and inexperienced traders are storming into market without having basic knowledge. With Kryll as their guiding beacon they can fearlessly trade and forge good trading strategies. I will urge enthusiasts to join the platform & support it making the ICO a huge success.

**More Details on:**

**Website:** [**https://kryll.io/**](https://kryll.io/)

**Whitepaper:** [**https://kryll.io/**](https://kryll.io/)

**Telegram:** [**https://t.me/kryll\_io**](https://t.me/kryll_io)

**Twitter:** [**https://twitter.com/kryll\_io**](https://twitter.com/kryll_io)

**Blog By: Lanirm Knayam**

**Btalk profile:** [**https://bitcointalk.org/index.php?action=profile;u=1308391**](https://bitcointalk.org/index.php?action=profile;u=1308391)
👍 , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,