Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: tonymillions84 on January 10, 2020, 11:22:30 PM

Title: Trading Bots
Post by: tonymillions84 on January 10, 2020, 11:22:30 PM
Hello guys. i think i made less money trading from my friendly bots i used on exchanges. i will like traders here to suggest Good trading bots for me please.
Title: Re: Trading Bots
Post by: zilzylian on January 11, 2020, 01:54:44 AM
What trading bot do you want, trading signal bot?
I think you can trade without using bots, but using the API provided by the exchange, you can see this option and when you enter and see a dashboard that is on the exchange, the centralized exchange will provide this service.
Title: Re: Trading Bots
Post by: Zed0X on January 11, 2020, 12:16:43 PM
I personally do not use trading bots but some of the folks I talk to have been using gunbot. One of the projects I promoted previously has been developing one too but I cannot tell if it's still on test mode or not.

Hello guys. i think i made less money trading from my friendly bots i used on exchanges.
Did you make them on your own?
Title: Re: Trading Bots
Post by: Luckyperson21 on January 11, 2020, 01:12:16 PM
Hello guys. i think i made less money trading from my friendly bots i used on exchanges. i will like traders here to suggest Good trading bots for me please.

My advice, don't believe in BOT. It may be that your friend has set up a bot that he sent to you. It could be in the form of malware or something else. I am not instigating. But we must be vigilant when dealing with crypto.
Title: Re: Trading Bots
Post by: Ta.Form on January 11, 2020, 02:13:50 PM
I have never traded using BOT. Except for the BOT that we created ourselves. It's better than getting it from someone else or even a friend. If we use BOT, we don't know when prices will go down and up.
Title: Re: Trading Bots
Post by: zendicator on January 11, 2020, 02:43:01 PM
There are no good trading bots to be honest. You think that if the creator of the trading bot gains profit for his bot, do you think he will sell his bot? Ofcourse not! He will keep it for his own benefit only so that he will have no competitors. Its up to you if you want trading bot. I suggest that use bot only during bull run.
Title: Re: Trading Bots
Post by: pelana vreo on January 11, 2020, 02:47:22 PM
Honestly I never use bots on every trade, it seems like this bot can disturb me when trading, because there will be price manipulation and I can see my order just passed.
Title: Re: Trading Bots
Post by: wanggober on January 11, 2020, 03:05:03 PM
Honestly I never use bots on every trade, it seems like this bot can disturb me when trading, because there will be price manipulation and I can see my order just passed.

I agree. Better to use the application for reminders to give an alarm. Like, when waiting to buy Bitcoin at $7500, we set an alarm at $7600, so we can monitor whether we will buy or are still waiting.
Title: Re: Trading Bots
Post by: MUGNIA on January 11, 2020, 03:59:50 PM
Honestly I never use bots on every trade, it seems like this bot can disturb me when trading, because there will be price manipulation and I can see my order just passed.

I agree. Better to use the application for reminders to give an alarm. Like, when waiting to buy Bitcoin at $7500, we set an alarm at $7600, so we can monitor whether we will buy or are still waiting.

Does this alarm exist on every exchange?
I just found out if there is an alarm for exchange, get more knowledge here, I will try to find and use the alarm
Title: Re: Trading Bots
Post by: masterrex on January 11, 2020, 04:22:33 PM
There are no good trading bots to be honest. You think that if the creator of the trading bot gains profit for his bot, do you think he will sell his bot? Ofcourse not! He will keep it for his own benefit only so that he will have no competitors. Its up to you if you want trading bot. I suggest that use bot only during bull run.
I like your opinion, and it make sense to me, bots are not perfect they have some flaws that may result of losing your money, my friend was using a bot and he bought it with bitcoin and when he started to use it he finds out that its complicated to use and buggy that's why he stop using it and back to manual mode of trading but he already lost some bitcoin for buying those bot software. for me manual trading is more challenging and it should stay that way.
Title: Re: Trading Bots
Post by: OptimusPrime on January 11, 2020, 04:45:31 PM
I have used only but one bot which is the bot created by bit iniuniverse. To be honest I believe its a good bot because it trades very well and they run an upgrade on the bot every now and then.  Maybe you should try it out, it supports a few numbers of exchange and its kind of popular.
Title: Re: Trading Bots
Post by: alstevenson on January 11, 2020, 05:08:18 PM
I think its not good to based your trading on a trading bot. Sometimes or most of the time they do fail as well. Much better to give time to learn about tecnical analysis in youtube or some websites/blogs that helps you to learn technical analysis and apply it to your trading.
Title: Re: Trading Bots
Post by: Zemytha on January 11, 2020, 06:50:13 PM

My advice, don't believe in BOT. It may be that your friend has set up a bot that he sent to you. It could be in the form of malware or something else. I am not instigating. But we must be vigilant when dealing with crypto.

I agree with this. It's better to be cautious than to want to profit casually. Using BOT obviously doesn't monitor prices. Trading relies on BOT. It profits by relaxing :D But it's better not to use BOT, right now, there are many hacks in various ways. And hacking through BOT is one of them.
Title: Re: Trading Bots
Post by: wanggober on January 12, 2020, 02:21:52 PM
Does this alarm exist on every exchange?
I just found out if there is an alarm for exchange, get more knowledge here, I will try to find and use the alarm

Alerts are not based on exchanges. But based on price. Maybe the application is based on coinmarketcap prices. So when you install an alarm at $7500, and the price of bitcoin touches the price of $7500, the alarm will sound. Similarly, if you want to buy when Bullrun wants to happen. By using this application, you will not miss Bullrun.
Title: Re: Trading Bots
Post by: Andruha1993 on January 13, 2020, 11:14:55 AM
I used to use trading bots. But they did not bring me profit. Maybe I chose them wrong. Then I just started trading personally. And better, I advise you to find an experienced good trader who will teach you how to trade correctly.
Title: Re: Trading Bots
Post by: aiviaa485 on January 14, 2020, 04:40:22 AM
Bots are indeed created by humans to make it easier in cryptocurrency trading and this is an example of human progress in cryptocurrency science.
But I would not recommend trading using BOT because it is very dangerous if the system fails, maybe you can buy coins by yourself and it can hurt your own money.
Title: Re: Trading Bots
Post by: corr on January 15, 2020, 04:09:58 AM
I don't like trading bots. I think this is a big problem and a mistake. They constantly interrupt the price and do not allow to trade normally. Besides, I do not trust them. I have seen more than once trading bots fail and traders lose money. I only trade my head
Title: Re: Trading Bots
Post by: LogiC on January 15, 2020, 04:29:54 AM
I used to use trading bots. But they did not bring me profit. Maybe I chose them wrong. Then I just started trading personally. And better, I advise you to find an experienced good trader who will teach you how to trade correctly.

How do you use the trading bot in an exchange? I'm wondering how to use it on an exchange and is this legit? I'm keep curious how those trading bot is set up to help traders to gain profit. Maybe for some expert it can help them but for newbie maybe a worst idea to rely on this.
Title: Re: Trading Bots
Post by: Cutter Cute on January 17, 2020, 09:50:34 AM
Hello guys. i think i made less money trading from my friendly bots i used on exchanges. i will like traders here to suggest Good trading bots for me please.

Bots will usually be managed by third parties and I think you don't really trust them because there will be lots of scams if you don't have enough experience using them.
I have seen HyperQuant, they provide bots that can predict prices, but you need to do some research before trying it.