Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Andri937 on July 19, 2020, 03:38:54 PM
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Is there anybody who deals with the traiding bot? What do you know about tradesanta. The name of it sounds weird, but I see a quite good reviews here https://this Url is blocked due to spam/en/tools/tradesanta
Does it worth to use? I've never used before, I'd like to diverse my funds and try something new. Do you recommend to use?
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I Don't understand. Please explain more information. I want toknow about trading bot?
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You have to think about the bot malfunctioning. Remember the risk of trading on CEx. DEX seems to be making more wave now and I like the concept of INJECTIVE PROTOCOL exchange. It is a 2nd layer DEX that is fully decentralised.
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It seems people are so fund of using not these days. We now not for almost everything in the crypto space, hmmmm. I for one don't really fancy the idea. My advice for you is that, you should make more research before you entrust your assets to a not. Please be careful.
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First of all, I don't have much experience with trading.
Secondly, I do not believe that bots can do better than humans in most important cases. I think it only gives data about the market, helps us automatically buy/sell when it reaches some criteria like the auto feature on crypto trading platforms, it cannot help us completely in the matter. deals trading.
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I can only tell you that a trading bot is not the best idea to make money. People are always looking for easy ways to make money. People think I'll put a trading bot and it will make me money ... I wouldn't trust my money to the program. More than once there were cases when trading bots failed and people lost their money. Trade yourself and use stop loss but first learn to trade.
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Personally, I've used trading bots a lot before. But they did not bring me profit. Therefore, I no longer believe in them.
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I think you shouldn't believe the reviews.
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At first we must experience trading.I believe that humans can do the best than bots.so I talk to everyone humans can better trading.
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I think trading bots are in use in some traders specially in large volume exchange like Binance, Bitmex, Bittrex etc. because they are efficient in terms of automated trading session they can do multiple trading sessions that mere impossible for humans without using tools but be careful in terms of choosing bots because a lots of fraud out there. about tradesanta I never heard about it just only now!
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I'm not a big fan of EAs (Expert Analysis) kind of bots that tend to trade instead of you. In rypto these trading bot can make you some ROI at the end of the month but it all depends on your setup, money management (how much you're willing to risk with each trade) & many more factors.
Crypto Trading Bots are still " OK " (with a conservative tone), but careful not to let it trade your 100% capital though.
I always prefer people to learn trading themselves because that's the only way to make money on the long run.
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I have known about trading bots from a long time now, although i am never a fan of using them. I a, aware that a lot of pro traders utilize them for auto trade moves, including a lot of exchanges out there uses bots to create trading activities on the trading floor.
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I think trading using bot its not advisable to use it because some of people we used trading bot are loss her capital and sone of bot trader you need to buy this bot to run and you need also to have a balance in your wallet and i point of this using not are they didn't 100% accurate to get a high profit and much better to trade personally with your own way of trading strategies.
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Personally, I've used trading bots a lot before. But they did not bring me profit. Therefore, I no longer believe in them.
Did you pay for those trading bots? I have friends using it and as far as their feedback its okay but not everytime they could generate profit from it. Sometime they also loses from it. Maybe it depends on how the program is set up. But for me, I always like natural profits and winning from basic trading experience.
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Using a trading bot can be very risky, actually much more risky than trading with by yourself. Anything can happen and malfunctioning can make you lose alot of fund using them. I can't recommend any because it's not my thing to use them. I would say do proper research and don't just go for any bot someone recommend.
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Cryptocurrency bots are unpredictable. While some bots come with great preset trading configurations, they often don’t yield maximum returns.The bot’s configuration without knowledge of the technical aspects of trading can lead to massive losses.
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The Trading Bot is awesome. it can buy and sell on your behalf based on what is already set up. Trading Bot's trading decisions are made based on market price movements and react to predefined rules.
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Trading Bot has been very successful in areas such as stocks, forex and currently in the crypto market, although still in its infancy, the future will also be a very fertile market for developers. It is possible to create a quality trading coin bot.