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Author Topic: Trading with bots, good or not?  (Read 14815 times)

Offline ayatoslaw

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Trading with bots, good or not?
« on: February 09, 2019, 06:05:33 AM »
many ways people can look for the benefits of trading are by bot,
and lots of promises given to traders who trade with bots,
but is that good? or will it only give you a lot of losses?
anyone who has trading experience using bots can tell in the comments column.

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Trading with bots, good or not?
« on: February 09, 2019, 06:05:33 AM »

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Offline Paha87

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Re: Trading with bots, good or not?
« Reply #1 on: February 09, 2019, 06:13:03 AM »
Hey. I have no experience of trading with a bot. As I am skeptical about this method, but just as you would like to hear feedback on this topic. I'll set a reminder and keep an eye on the subject. The author you + in karma.

Offline AquaX

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Re: Trading with bots, good or not?
« Reply #2 on: February 10, 2019, 10:30:46 AM »
Trading bot is not a worthwhile tool to trade on your behalf. Even if there are sophisticated strategies out there that may or may not work, most people trying to generate passive income, and have entered the crypto markets in hopes of huge returns, neither have a full understanding of technical analysis, nor time to delve into the intricacies of custom strategy building and backtesting.

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Re: Trading with bots, good or not?
« Reply #3 on: February 10, 2019, 11:02:45 AM »
I had bad experience using bots for trading boh in traditional finance and here in crypto. I tried some bot with low amount and lost everything in 3 months..
                 
                 
                 
                 
                 
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Offline debra

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Re: Trading with bots, good or not?
« Reply #4 on: February 10, 2019, 11:26:56 AM »
I've just heard it. I don't know if trading can be done by bots. I never think it will be better than human can do. Bots should have a limitation in analyzing the prices. I have no plan to try it, I still believe trading by our selves better. 
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Re: Trading with bots, good or not?
« Reply #5 on: February 10, 2019, 01:56:04 PM »
Not sure you will be safe using BOT. very risky because BOT might do something wrong like error. But, maybe there is a BOT that has good quality and makes a profit.

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Re: Trading with bots, good or not?
« Reply #6 on: February 10, 2019, 07:14:56 PM »
I heard a lot of bad stories when it comes to bot trading, I never tried it and I will never do I simply do not wake one day just to find that the bot did not work as it should be and make me loses all my money not to mention the vulnerability any bot represent to any account attached with it.
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Re: Trading with bots, good or not?
« Reply #6 on: February 10, 2019, 07:14:56 PM »


Offline tsakf

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Re: Trading with bots, good or not?
« Reply #7 on: February 10, 2019, 07:50:01 PM »
The only advantage of bots, is, that they stick to the programmed strategy. They don't get greedy or panic. The follow the programmed strategy without errors. The only problems that I see with bots, is that they cannot adapt to the changing markets. So the investor, must stop the bot, when the market changes. Then the bot has to be reprogrammed with a new strategy. This is the difficult part.

Offline luvr1000

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Re: Trading with bots, good or not?
« Reply #8 on: February 10, 2019, 09:48:45 PM »
as for me, I trade a little but I do it myself, I know that on large exchanges trading robots and without it does not do any exchange
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Offline Paha87

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Re: Trading with bots, good or not?
« Reply #9 on: February 11, 2019, 04:21:16 AM »
The only advantage of bots, is, that they stick to the programmed strategy. They don't get greedy or panic. The follow the programmed strategy without errors. The only problems that I see with bots, is that they cannot adapt to the changing markets. So the investor, must stop the bot, when the market changes. Then the bot has to be reprogrammed with a new strategy. This is the difficult part.
I liked what you said. It's business. + you karma. It turns out that without a human bot will lose the entire Deposit over time. I read the reviews, the desire to study trading with bots I lost, I will go further. All luck comrades

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Re: Trading with bots, good or not?
« Reply #10 on: February 11, 2019, 05:37:16 AM »
many ways people can look for the benefits of trading are by bot,
and lots of promises given to traders who trade with bots,
but is that good? or will it only give you a lot of losses?
anyone who has trading experience using bots can tell in the comments column.

In actual fact trading with bots/ signals etc is a way that you can make profit with but if you take a while to think isn't you at the mercy of them, furthermore since every trade is manage by a third party you will not know what is really happening and if one day the bot is not available or go haywire does that means you will too?

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Re: Trading with bots, good or not?
« Reply #11 on: February 11, 2019, 05:49:56 AM »
in my opinion, there will be a lot of losses. even though there are only a few losses, we don't know when the price drops suddenly. if that happens, then we can't check it. because we rely on bots. so it's better to trade without a bot.

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Re: Trading with bots, good or not?
« Reply #12 on: February 11, 2019, 06:11:09 AM »
in my opinion, there will be a lot of losses. even though there are only a few losses, we don't know when the price drops suddenly. if that happens, then we can't check it. because we rely on bots. so it's better to trade without a bot.

I agree. I do trading myself without bots, and I have no problems so far. Sometimes I think to try bots, but I am afraid it just leads to bad ways in trading. If you are confidence with your own way in trading, just do it like me..  :)
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Offline Crypt0Pro

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Re: Trading with bots, good or not?
« Reply #13 on: February 11, 2019, 07:03:49 AM »
If you want to lose your coins, trade with bots. If you want to get some profit, don't rely on anything but yourself. No one bot can analyze and decide like a human being.

Offline tsakf

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Re: Trading with bots, good or not?
« Reply #14 on: February 11, 2019, 08:41:22 AM »
I liked what you said. It's business. + you karma. It turns out that without a human bot will lose the entire Deposit over time. I read the reviews, the desire to study trading with bots I lost, I will go further. All luck comrades

Thanks! Have fun with cryptocurrency, trading or using. I still stick to it's main purpose, to use them, as an alternative form of payment.  Although, trading, is the fun part, until, cryptocurrency gets wide acceptance.

 

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