Alric
CRITICAL - READ BEFORE TRADING

RISK DISCLOSURE

Last Updated: January 21, 2025

BY USING ALRIC, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREED TO THIS RISK DISCLOSURE AND ACCEPT FULL RESPONSIBILITY FOR ALL TRADING LOSSES

COMPLETE RELEASE OF LIABILITY

YOU EXPRESSLY ACKNOWLEDGE AND AGREE THAT:

1. ABSOLUTE RELEASE: By using Alric's Services, you UNCONDITIONALLY AND IRREVOCABLY RELEASE, discharge, and hold harmless Alric, its parent company, subsidiaries, affiliates, officers, directors, employees, contractors, agents, partners, investors, shareholders, advisors, and any other associated parties (collectively, "Released Parties") from ANY AND ALL liability, claims, demands, causes of action, damages, losses, expenses, or harm of ANY KIND whatsoever, whether known or unknown, foreseen or unforeseen, arising from or related to:

  • • Your use of Alric's platform, Services, or AI technology
  • • Any trading strategies generated, suggested, or deployed through Alric
  • • All trading losses, partial losses, or missed profit opportunities
  • • Exchange outages, connectivity issues, or order execution delays
  • • Software bugs, errors, glitches, or platform malfunctions
  • • Data inaccuracies, indicator calculation errors, or signal failures
  • • Unauthorized access, security breaches, or API key compromises
  • • Market volatility, flash crashes, or "black swan" events
  • • Liquidations, margin calls, or forced position closures
  • • Regulatory changes or legal restrictions on trading
  • • Total loss of your trading capital
  • • ANY consequential, indirect, incidental, punitive, or special damages

THIS RELEASE APPLIES REGARDLESS OF WHETHER SUCH LOSSES WERE CAUSED BY THE NEGLIGENCE, GROSS NEGLIGENCE, ERRORS, OMISSIONS, OR ANY OTHER CONDUCT OF THE RELEASED PARTIES.

WAIVER OF CLAIMS

You hereby WAIVE any and all rights to bring any claim, lawsuit, or legal action against the Released Parties, whether in contract, tort, strict liability, or any other legal theory, now or in the future, related to your use of Alric or any trading losses incurred. This waiver includes claims you may not know about or suspect to exist in your favor at the time of agreeing to this disclosure.

2. EXTREME RISKS OF CRYPTOCURRENCY TRADING

Cryptocurrency and automated trading carry EXTREME RISKS that can result in TOTAL LOSS of your capital:

Extreme Volatility

Cryptocurrency prices can fluctuate 20%, 50%, or even 90% in a single day. What appears to be a profitable position can become a catastrophic loss within minutes. Price swings of this magnitude can trigger liquidations, stop-losses, and complete portfolio wipeouts before you can react.

Leverage and Margin Trading

Trading with leverage (e.g., 10x, 50x, 100x) multiplies both gains AND losses. A 1% adverse price movement with 100x leverage results in total liquidation. Margin calls can force-close your positions at the worst possible time, crystallizing maximum losses. You can lose MORE than your initial deposit.

24/7 Market with No Circuit Breakers

Unlike traditional markets, cryptocurrency markets never close. Flash crashes, sudden pumps/dumps, and extreme volatility can occur at 3 AM while you sleep. There are no circuit breakers or trading halts to protect you. Automated bots continue trading regardless of market conditions.

Exchange Risk

Exchanges can experience outages, hacks, insolvency, withdrawal freezes, or sudden closure. You may be unable to access funds, close positions, or execute emergency trades. Past exchange failures have resulted in billions of dollars in customer losses with little to no recovery.

Liquidity Risk

During extreme volatility or market stress, liquidity can evaporate instantly. Your orders may not fill, may fill at vastly different prices than expected (slippage), or may be impossible to execute entirely. Large positions can move markets against you as you attempt to exit.

Regulatory and Legal Risk

Governments worldwide are actively regulating or banning cryptocurrency trading. Regulations can change overnight, potentially making your holdings illiquid, inaccessible, or illegal. Tax treatment is complex and varies by jurisdiction. You are solely responsible for compliance with all applicable laws.

3. RISKS SPECIFIC TO AUTOMATED BOT TRADING

Strategy Failure

Trading strategies that performed well historically can fail catastrophically in live markets. Past performance is NO guarantee of future results. Market conditions change, patterns break down, and profitable strategies become loss-generating overnight. Backtested results are theoretical and do NOT reflect real-world execution.

Software and Technical Failures

Bots can malfunction due to bugs, errors, crashes, or unexpected market conditions they were not designed to handle. A single line of faulty code can result in devastating losses. Connection failures, API errors, or infrastructure outages can prevent your bot from executing trades or closing positions, leaving you exposed to unlimited risk.

Unattended Trading

Automated bots trade without human intervention. They will continue executing trades 24/7 regardless of market conditions, portfolio performance, or changing circumstances. You may wake up to find your entire account liquidated or experience catastrophic losses while you are away from your computer.

AI-Generated Strategy Risks

Strategies generated by AI are NOT guaranteed to be profitable, safe, or appropriate for your risk tolerance. AI cannot predict the future and may generate strategies with hidden risks, logical flaws, or vulnerabilities that only become apparent after significant losses. The AI does not understand your financial situation, investment goals, or risk capacity.

Parameter Sensitivity and Overfitting

Small changes in strategy parameters can produce wildly different results. Strategies may be over-optimized ("curve-fitted") to historical data and fail in live trading. What works in backtesting rarely works identically in real markets due to slippage, fees, and changing market dynamics.

4. NO INVESTMENT ADVICE OR RECOMMENDATIONS

CRITICAL DISCLAIMERS:

  • Alric is a technology platform ONLY. We do NOT provide investment advice, financial planning, or recommendations.
  • We are NOT registered as an investment advisor, broker-dealer, or financial institution in any jurisdiction.
  • No content on our platform should be construed as investment advice, financial advice, trading advice, or recommendations of any kind.
  • AI-generated strategies are educational tools, NOT recommendations to buy or sell any cryptocurrency.
  • All trading decisions are made SOLELY BY YOU. You bear complete responsibility for your trading activities and outcomes.
  • You should consult with qualified financial, tax, and legal advisors before engaging in cryptocurrency trading.

5. YOU CAN LOSE EVERYTHING

ONLY TRADE WITH MONEY YOU CAN AFFORD TO LOSE COMPLETELY

  • You can lose your ENTIRE trading account balance in a single trade or series of trades.
  • With leverage, you can lose MORE than you deposited and may owe additional funds.
  • The majority of retail cryptocurrency traders lose money. Automated trading does NOT change these statistics.
  • Do NOT trade with borrowed money, life savings, retirement funds, or money needed for living expenses.
  • There are NO guarantees of profit. Strategies that make money one day can lose money the next.

6. NO WARRANTIES OR GUARANTEES

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND:

  • • NO warranty of merchantability or fitness for a particular purpose
  • • NO warranty that the Services will be uninterrupted, error-free, or secure
  • • NO warranty regarding the accuracy of data, indicators, or AI-generated strategies
  • • NO warranty that strategies will generate profits or avoid losses
  • • NO warranty regarding the performance, reliability, or availability of third-party services (exchanges, data providers)
  • • NO warranty that bugs or defects will be corrected
  • • NO warranty that the platform will meet your requirements or expectations

YOU ASSUME ALL RISK associated with your use of the Services. We make NO representations or warranties about the suitability, reliability, availability, timeliness, security, or accuracy of the Services for any purpose.

7. YOUR RESPONSIBILITIES

By using Alric, you acknowledge and agree that YOU are responsible for:

  • • Thoroughly understanding the risks of cryptocurrency and automated trading before deploying any capital
  • • Conducting your own research and due diligence on trading strategies
  • • Testing strategies thoroughly in paper trading or with minimal capital before scaling up
  • • Monitoring your trading activity and positions regularly
  • • Setting appropriate risk limits, stop-losses, and position sizes
  • • Securing your account credentials and exchange API keys
  • • Complying with all applicable laws, regulations, and tax obligations in your jurisdiction
  • • Understanding that YOU make all final trading decisions, not the AI or platform
  • • Accepting that trading losses are YOUR responsibility, not Alric's

8. ACKNOWLEDGMENT OF UNDERSTANDING AND AGREEMENT

BY USING ALRIC'S SERVICES, YOU CERTIFY THAT:

  • ✓You have READ, UNDERSTOOD, and AGREE to this entire Risk Disclosure
  • ✓You understand that cryptocurrency trading and automated bot trading carry EXTREME RISKS
  • ✓You can afford to LOSE YOUR ENTIRE TRADING CAPITAL without financial hardship
  • ✓You RELEASE Alric and all associated parties from ANY AND ALL liability for trading losses
  • ✓You understand that past performance does NOT guarantee future results
  • ✓You are NOT relying on Alric for investment advice or recommendations
  • ✓You accept FULL RESPONSIBILITY for all trading decisions and outcomes
  • ✓You WAIVE any right to sue Alric or associated parties for trading losses
  • ✓You have consulted (or chosen not to consult) with qualified financial and legal advisors
  • ✓You understand that use of the Services constitutes legally binding agreement to these terms

FINAL WARNING

If you do NOT understand or agree with this Risk Disclosure, you must NOT use Alric's Services. Proceeding with use of the platform constitutes your explicit acceptance of all risks and release of all liability.

Questions About Risk Disclosure?

For questions about this Risk Disclosure, contact:

Email: legal@alric.io

This disclosure is incorporated by reference into our Terms of Service