Altcoins Talks - Cryptocurrency Forum

Archive => Sorting Box => Topic started by: cryptolab1 on November 29, 2021, 06:36:21 PM

Title: What is trading bot ?
Post by: cryptolab1 on November 29, 2021, 06:36:21 PM
Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .

Title: Re: What is trading bot ?
Post by: Dreamer on December 03, 2021, 07:40:04 AM
A trading bot will help you complete your selling and buying orders in exchanges. For example, you may be a trader but also an employer so you have less time to trade regularly, so you can set all your orders in a trading bot at a price that you want then when the market price match your orders, then the bot will sell or buy for you!
Title: Re: What is trading bot ?
Post by: cryptolab1 on December 04, 2021, 06:19:31 PM
A trading bot will help you complete your selling and buying orders in exchanges. For example, you may be a trader but also an employer so you have less time to trade regularly, so you can set all your orders in a trading bot at a price that you want then when the market price match your orders, then the bot will sell or buy for you!

If I am not wrong the Binance has a feature that is limit . So we can also say that limit  is a internal trading bot features of Binance ?
Title: Re: What is trading bot ?
Post by: Goldlife on December 05, 2021, 04:30:19 PM
Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .
Trading bot is basically a trading bot that will work according to your conditions and will do your job the way you want.  The trading board will be very helpful to you if you want to cancel True in any market. If you do not have time, you can keep all your information with the bot. The bot will cancel you accordingly and buy tokens as required.
Title: Re: What is trading bot ?
Post by: Review on December 17, 2021, 02:35:40 PM
A trading bot will help you complete your selling and buying orders in exchanges. For example, you may be a trader but also an employer so you have less time to trade regularly, so you can set all your orders in a trading bot at a price that you want then when the market price match your orders, then the bot will sell or buy for you!
But is not this is risky mate? Because who know the bot may lead wrong command or the authority that provide the trading bot, try to steal your information or something else? I heard that always depending on trading bot is not the right thing and you may face a huge lose from it. But still if this helpful , why not use it for sometime according to our need?
Title: Re: What is trading bot ?
Post by: yawar20 on December 31, 2021, 03:18:29 PM
Well explained. As crypto currency as a whole connected to several computer/devices, every transaction is recorded by the network and record it publicly which is access by everyone who is connected to the network.
Title: Re: What is trading bot ?
Post by: Ysquare25 on January 01, 2022, 06:22:36 AM
Cryptocurrency trading bots are computer programs that automagically buy and sell various cryptocurrencies at the right time with the goal of generating a profit. That's literally it. Very simple!
Title: Re: What is trading bot ?
Post by: gulu_khan on February 23, 2022, 04:26:25 PM
Trading bot is a software setup which is activated 24/7 and make trades automatically with no knowledge required. kucoin exchange provides there users this trading bot facility so which is buy and sell on his own and gives you a good profit...
Title: Re: What is trading bot ?
Post by: bmr on February 23, 2022, 05:51:30 PM
Trading Bot is one kind of software by which anyone can buy or sell their assets. As it is bot so it can do early buy and sell which is not possible for human. But it is not work always positive.
Title: Re: What is trading bot ?
Post by: cryptopapa2346 on April 23, 2022, 05:53:34 PM
The world is developing very fast and the digital currency is about to revolutionize And AI bot is also part of the revolution
trading bot is for beginners who dont know much abut trading Complications thy can easily trade with trading bot


Title: Re: What is trading bot ?
Post by: gulu_khan on April 26, 2022, 07:47:20 PM
The world is developing very fast and the digital currency is about to revolutionize And AI bot is also part of the revolution
trading bot is for beginners who dont know much abut trading Complications thy can easily trade with trading bot
Cryptocurrency trading bots are automated trading systems that make crypto-trading easier by simplifying the process of investing. One advantage is, they offer better efficiency and make fewer errors and without any greed or emotions..
Title: Re: What is trading bot ?
Post by: Istiak on April 27, 2022, 08:02:28 PM
If you are a busy man and don't have enough time to analyze the market for trading, then you can use a trading bot. It is just a tool provided by the exchange for its users to execute pre-order trades with their pre-planned conditions. It is safe and flexible. That means you can tweak the settings to make the bot work to your conditions.
Title: Re: What is trading bot ?
Post by: Nowme on May 06, 2022, 06:11:45 PM
Good question I've learned a lot from this post and also i want to know more about trading bot in crypto, I've seen these bots working but in forex future trade, but I'm a spot trading fella I will need this bot to help me in spot trading.
Title: Re: What is trading bot ?
Post by: kurumi Tokisaki on May 11, 2022, 06:25:24 AM
A trading bot helps you to buy in small fluctuations where human hands can not work but i have seen these bots working on forex trading sites but i think they do not have much difference, but keep in mind some exchanges do not allow bots to trade.
Title: Re: What is trading bot ?
Post by: HeavLeighGill on May 12, 2022, 07:33:39 PM
I see that people have already explained what a bot is but I'd just like to point out that I don't trust these. I had an online friend that lost a ton of money by relying on one of these...and he was thinking he was about to get rich, so just be careful!
Title: Re: What is trading bot ?
Post by: DeDINeON on May 25, 2022, 07:46:05 PM
They run on your VPS for example, observe signals such as TG / Twitter groups / exchange trading pairs, price changes / volumes etc. and execute buy/sell orders based on how you have programmed them or what parameters you have given.
Title: Re: What is trading bot ?
Post by: doc on May 25, 2022, 11:47:37 PM
Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .

Trading bot is needed for whales and trader that have big fund.
I personally prefer use manual for trading
But It depends on your comfortable.
Title: Re: What is trading bot ?
Post by: DeDINeON on May 26, 2022, 12:07:31 AM
Actually I wanna know about trading bot software.
How it's work !? I have some doubt  about trading bot .

Trading bot is needed for whales and trader that have big fund.
I personally prefer use manual for trading
But It depends on your comfortable.

Trading bot can be used with minimal amounts also, no need to be whale or big funds. I started using bots just with a few hundred dollars worth of cryptos as I wanted to test. Used some listing bots & pump & dump sniffer bots and results are usually 100 - 250% up. Not bad. Of course it requires you know what you are doing and to where point sniffer bots. Manually its impossible to do what bots do, you cant for example find the signal and enter buy within 5ms, manually it takes at least 10 seconds and more, not to mention you need to be ready to enter sell order most likely within 10 seconds. In this kind of trading manual trades pay bots profits. But of course manual trading fits well not so intense trading. All depends on how you want to trade, but anyway its possible and even better to start with nominal capital as when you train to use bots or train bot AI, there can come expensive mistakes/errors.
Title: Re: What is trading bot ?
Post by: yohananaomi on June 06, 2022, 01:26:13 PM
-"-

Trading bot is needed for whales and trader that have big fund.
I personally prefer use manual for trading
But It depends on your comfortable.

Actually, there is no special specification that trading bots are only used by whales or big traders, but this is because of the ease that they want to achieve, even though the results may not always be in accordance with what is desired, there will always be differences that will occur so that it must always be monitored.
many do use trading bots with certain specifications that may be adjusted to their will but you are right, many also use manuals and I myself like prefer manuals. once again all depends on the desired needs.
Title: Re: What is trading bot ?
Post by: cryptopapa2346 on June 08, 2022, 06:29:04 PM
Just as a hammer is a tool, so is a boot. Of course you can use a rock to drive the last nail into your mother-in-law's coffin, but a hammer is a great tool, wouldn't you agree? The only downside to buying and selling shoes is that you shouldn't be sitting 24/7 behind your display and looking for charts on five different video display units. A few rupees
Title: Re: What is trading bot ?
Post by: ahtashamhero on June 12, 2022, 10:38:52 AM
so its a sotware  that is used to buy and sell
Title: Re: What is trading bot ?
Post by: Hubert Hodge on June 13, 2022, 11:38:23 AM
Trading Bot is a type of software that allows anyone to purchase and sell assets. Because it is a bot, it can make early buy and sell decisions that would be impossible for a human to make. However, work is not always a positive experience.
Title: Re: What is trading bot ?
Post by: PersonHaterred on June 19, 2022, 07:17:28 PM
As someone new like me crypto currency world I have yet faced only one trading bot which is of KU Coin. It needs minimum 240 dollars investment. But in these days market is too much down we should keep us to trade or invest.
Title: Re: What is trading bot ?
Post by: Wishywashy on June 22, 2022, 11:18:17 AM
A crypto trading bot is a kind of automated software that helps a trader buy or sell cryptocurrencies at the correct time. Its main function is to increase a trader’s profits and reduce losses.
Title: Re: What is trading bot ?
Post by: Cherrysix on April 03, 2023, 07:41:03 PM
Trading bots is a program that, using a certain algorithm, can automatically make the sale and purchase of cryptocurrencies on the corresponding exchanges.