Risks of cryptocurrency trading

• Trading cryptocurrency can lose you all the money you put in. Trade only with money you can afford to lose.
• A result of testing on history is a calculation about the past, not a promise about the future.
• The rules are written from your words by artificial intelligence. It can make mistakes — check the rules before you start.
• NX80 is software, not an adviser. You make the trading decisions, and the consequences are yours.

NX80 executes the rules that you wrote and confirmed. We do not tell you what to buy or when, do not judge whether a strategy suits you and do not know your financial situation. Nothing on the website, in our letters or in the service's reports is an investment, financial or tax recommendation. If in doubt, ask an independent professional.

• Sharp moves. A price can fall by tens of percent within minutes. A stop order limits a loss but does not guarantee the price: in a crash the trade goes through worse than the set level.
• Liquidity. Thinly traded pairs have few buyers and sellers: you may not be able to sell at the price you want.
• Falling to zero. A coin can be hacked, abandoned or delisted, after which it cannot be sold.
• USDT. A stablecoin can lose its peg to the dollar, and its issuer can freeze funds at an address. NX80 prices and trading pairs are in USDT, so this risk concerns both you and us.
• Manipulation. The cryptocurrency market is regulated less than the stock market; large players can move prices.

A backtest shows how the rules would have worked in the past. It is a model, and it has limits:

• Overfitting. The more variants are tried, the more likely the best one simply matched the past. We count the variants tried and check the rules on data the strategy has not seen, but this lowers the risk rather than removing it.
• Costs are an estimate. We account for fees and slippage based on the recorded spread, but in real trading they can be higher, especially with large volume and in a crash.
• Data. History is limited: for some data we have years, for other data — days. Data can have gaps and exchange errors. Pairs no longer on the exchange may be left out of the test, which makes the result look better than it really is.
• Markets change. What worked in one market regime may stop working in another.
• The model does not know you. A backtest does not account for your taxes, your mistakes or how you will interfere with the strategy.

Backtest results are hypothetical: no real trades were made, and real trading almost always gives a different result.

The shadow executes the rules on live data without money. It is closer to reality than a backtest, but its trades are imaginary: a real order moves the price, gets filled partly or not at all. A short successful shadow proves nothing — look at how many trades it made and in what market.

Your words are turned into rules by AI. It may understand a phrase differently from what you meant, miss a condition or add something extra. The service shows which rules it understood and what it cannot do yet — read them before testing and before trading. NX80 trades by the confirmed rules, not by your text.

Applies when trading appears in the service.

• Technical failures. An order may go out late, not go out or be filled differently because of a failure of NX80, the exchange, the internet or hosting. If the service is unavailable, an open position stays on the exchange without the strategy watching it.
• Software errors. We test our code, but errors are possible in any software.
• The key. A key without withdrawal permission cannot take your money, but it can trade. If the key is stolen, trades on illiquid pairs can cause you a loss. Create the key with spot trading permission only, restrict it to NX80 addresses and delete it when you no longer need it.
• Stopping. You can stop a strategy at any time. Stopping does not close positions by itself — decide what to do with them.

Your money is on the exchange, not with us, so the exchange's risks are yours: an exchange can be hacked, go bankrupt, freeze an account, limit withdrawals, stop serving your country or change its rules and fees. NX80 cannot influence this and does not compensate such losses.

Rules for cryptocurrencies change and differ between countries. Trading or using the service may be restricted where you live. You pay the taxes on your trades — the service may show reports but does not keep your tax records.

NX80 is a young service. Features arrive step by step, some may change or go away; the service may be unavailable because of maintenance and failures. Do not set up your trading so that a loss depends on NX80 running without interruption.