Trading with bots, good or not?

[Coin63@]

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.

But trading bots having a lot of losses and risks because of unfair directions.. If something went wrong and never can get feedback.

[hidayatachad]

Trading bot are not a passive income solution that will make a profit for you while you're doing something else. Of course, you can set up specific parameters on some of them, and have your trading somewhat secured. However, the market is growing and changing all the time, and your parameters need to follow these changes.

[tsakf]

Trading bot are not a passive income solution that will make a profit for you while you're doing something else.

Yes, the bot is better than you, to strictly obey the strategy. No panic or greed. Market changes, and bot strategy should be changed also.

[Speaker]

If you have a unique trading bot that is constantly improving and improving-it can bring you profit.But you need to understand that the creation of such a bot is worth a lot of money, and the bot must be constantly monitored.

[tsakf]

If you have a unique trading bot that is constantly improving and improving-it can bring you profit.But you need to understand that the creation of such a bot is worth a lot of money, and the bot must be constantly monitored.

Improving bots, brings AI, to my mind. I don't know if any AI bots, are available. Of course, those will be more productive and hassle free.

[aryaan]

i never use any type of bots for trading it is better to learn trade and use your own strategy for trading bots are not good for trading you can loose your hard earn money

[ryap12]

i never use any type of bots for trading it is better to learn trade and use your own strategy for trading bots are not good for trading you can loose your hard earn money

I too have never used trading bots since I am afraid the bot I'm using is fraudulent. I actually want to try as trading manually is very tiresome as you have to wait for the targeted price to do buy and sell. Anyway, I am not an expert at trading as I just started half a year ago. I am actually looking for a trading bot with a lot of recommendations from those who made profit.

[DogeTalk]

very interesting using bots. Profits can be obtained easily and can avoid risks. I am looking for a good bot for me to use trading. Do you have a good recommendation?

[backfirst77]

I have never tried trading using a bot in crypto. But basically there is still a risk if we entrust it fully without our intervention. Like trading robots on forex that I have used. Because the price movements are very volatile. So even though we use a bot, we still monitor it too.

[shadow.bishop]

I think trading is kind of a dangerous, because let's say you are expert about reading graphics, manipulation will occur and you will never know during dumping. There are so many item related to value of coin so i guess best thing is hold the coin that you believe.

[tsakf]

I think trading is kind of a dangerous, because let's say you are expert about reading graphics, manipulation will occur and you will never know during dumping. There are so many item related to value of coin so i guess best thing is hold the coin that you believe.

It depends on how you trade. Day trading, is dangerous. Finding a good coin undervalued, and sell with a good profit is more safe.

[nayeon.twc]

I think it's good, you don't need to watch the price at any time. You can create a bot to observe prices based on time, hourly or minute. That way, you can relax without having to suffer losses (if prices suddenly drop). Because you have programmed it well.

[Ghozrd]

As I saw in the centralized exchange I also found the same thing, on the order above my order, but my order was not bought. So was the dean of trading using bots. I never used it because I would get a loss because the panic that happened to me when I saw the price of the coins that I had would go down. Everything needed a process and I did not believe trading using bots could make a profit.

[a_ps]

Bots can be used if you already have a system that really works well. If you use a system that is not good, there are even a lot of losses. bot usage is not 100%, it must be controlled occasionally to see the flow of the chart according to the system we are making.

[bayiajaib]

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.

I didnot have experience  and try to trade with bots.  I prefer trade manually with my smart startegy and analysis.  I enjoy it.