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Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Coincollector on November 07, 2024, 02:32:43 PM

Title: The efficiency of Trading with Tg bots..
Post by: Coincollector on November 07, 2024, 02:32:43 PM
Since the launch of the Telegram wallet, we've seen many innovations, and so far, I've been impressed—especially with the low fees and transaction speed. However, I'd like to discuss the efficiency of Telegram trading bots.

Does anyone have firsthand experience with these? How do they compare to traditional trading platforms? For context, I've used Bonk/Solfare bots to trade meme coins, which was a great experience. But I'm specifically interested in using Telegram bots for futures and spot trading. What has your experience been like?
Title: Re: The efficiency of Trading with Tg bots..
Post by: Charles-Tim on November 07, 2024, 06:00:12 PM
What makes traders have profit in spot and future trading are not bots. What makes traders have profit are what the traders learn and the level of their experiences and how less greedy they are.

Just think of this that if bot trading is profitable, every traders will want to make use of the bot and they will all gain. Do you know that the money lost by some traders is the profit gained by some traders? Which means all traders can not make money from trading. As some traders are gaining, some traders are losing.

If you do not know how to trade in a way you will avoid losses, trading bots can not help you.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Hatchy on November 07, 2024, 11:35:04 PM
I've used Bonk/Solfare bots to trade meme coins, which was a great experience. But I'm specifically interested in using Telegram bots for futures and spot trading. What has your experience been like?
I do use bonk bots, especially when I make purchases of a new project token. It's a really cool bot as you don't have to do much. It make your trading alot more easier so you can just easily opt out of a meme coin when it begins to dump.. well trading bots has its own advantage and disadvantages.. for me I won't call the the best way to trade.. though some traders do use them as well as a major source of trading profits, but it difficult to get a good one that will be able to follow your trading strategy, except you design them yourself.. the best way to trade is to analyze the market yourself and monitor your trade. If you are too busy to monitor your trades, just don't. Except you are a long term trader.
Title: Re: The efficiency of Trading with Tg bots..
Post by: yhiaali3 on November 08, 2024, 06:23:02 AM
I haven't tried trading bots on Telegram because I don't trust these bots, there are some reliable bots of course but I don't like risk and prefer to stay away.

In general, I tried trading bots on Bitget and KuCoin exchanges but unfortunately my experience was not encouraging, the results were very poor even though the bots use artificial intelligence, so I decided that manual trading is much better. At least for the bots I tried.
Title: Re: The efficiency of Trading with Tg bots..
Post by: DYING_S0UL on November 08, 2024, 06:32:52 AM
I've used Bonk/Solfare bots to trade meme coins, which was a great experience. But I'm specifically interested in using Telegram bots for futures and spot trading. What has your experience been like?
I do use bonk bots, especially when I make purchases of a new project token. It's a really cool bot as you don't have to do much. It make your trading alot more easier so you can just easily opt out of a meme coin when it begins to dump.. well trading bots has its own advantage and disadvantages.. for me I won't call the the best way to trade.. though some traders do use them as well as a major source of trading profits, but it difficult to get a good one that will be able to follow your trading strategy, except you design them yourself.. the best way to trade is to analyze the market yourself and monitor your trade. If you are too busy to monitor your trades, just don't. Except you are a long term trader.

I haven't used any bots until now. Honestly speaking, I don't trust them. Rather than relaying on those bots, it's better to rely on oneself. It also helps with building experience. Of course, if you are a pro in this field, then it's completely fine to use bots as long as you know what you are up to. I know there are many fake bots out there, so just out of curiosity, can you please provide me the official link? I wanna have a look!.....  ;)
Title: Re: The efficiency of Trading with Tg bots..
Post by: Crypto Library on November 09, 2024, 12:37:03 PM
I haven't used any bots until now. Honestly speaking, I don't trust them. Rather than relaying on those bots, it's better to rely on oneself. It also helps with building experience. Of course, if you are a pro in this field, then it's completely fine to use bots as long as you know what you are up to. I know there are many fake bots out there, so just out of curiosity, can you please provide me the official link? I wanna have a look!.....  ;)
What I think about for using the trading bots is the person who want to use the trading bot he must be professional I mean he must know well about the trading analysis like the fundamental analysis to the technical analysis. Because if we give a truck to a person who don't know about drive a car then what will happen on that case here in case of using the trading bot will be the same. And this is one of the biggest cause I don't use the trading bot and also I have trust issue on them.  :P
Title: Re: The efficiency of Trading with Tg bots..
Post by: Gposas on November 09, 2024, 05:23:15 PM
What makes traders have profit in spot and future trading are not bots. What makes traders have profit are what the traders learn and the level of their experiences and how less greedy they are.

Just think of this that if bot trading is profitable, every traders will want to make use of the bot and they will all gain. Do you know that the money lost by some traders is the profit gained by some traders? Which means all traders can not make money from trading. As some traders are gaining, some traders are losing.

If you do not know how to trade in a way you will avoid losses, trading bots can not help you.

I agree with you mate... If truly bot trading is so profit oriented with no reason of losses, then every single trader in the Crypto world will be making use of these bots and there'll be no reason of even trying to analyze or predict the market when the bot is there to do it very easily and faster.

Though I haven't made use of these bots much and I can't really tell how they work, but the once I tried using it, it wasn't as much as I thought cuz I was believing it's all just going to be profit all the way but I saw something different and this was a Spot Grid Bot.

If your experience is as you said, good luck to you, but I prefer placing trades by making my own speculations and predictions.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Coincollector on November 09, 2024, 06:01:13 PM
What makes traders have profit in spot and future trading are not bots. What makes traders have profit are what the traders learn and the level of their experiences and how less greedy they are.

Just think of this that if bot trading is profitable, every traders will want to make use of the bot and they will all gain. Do you know that the money lost by some traders is the profit gained by some traders? Which means all traders can not make money from trading. As some traders are gaining, some traders are losing.

If you do not know how to trade in a way you will avoid losses, trading bots can not help you.

You have a point. But trading bot can help execute trades faster especially when it has to do with volatile coins. Plus they're some benefits that' goes along imo..
Title: Re: The efficiency of Trading with Tg bots..
Post by: Coincollector on November 09, 2024, 06:05:26 PM
I haven't tried trading bots on Telegram because I don't trust these bots, there are some reliable bots of course but I don't like risk and prefer to stay away.

In general, I tried trading bots on Bitget and KuCoin exchanges but unfortunately my experience was not encouraging, the results were very poor even though the bots use artificial intelligence, so I decided that manual trading is much better. At least for the bots I tried.

What was your experience and which of the bots did you try. Their Tg mini app or spot grid etc. they give a lot of rebates on tx fees on the TG bot. So I'll like you to share your experience.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Coincollector on November 09, 2024, 06:08:09 PM
I've used Bonk/Solfare bots to trade meme coins, which was a great experience. But I'm specifically interested in using Telegram bots for futures and spot trading. What has your experience been like?
I do use bonk bots, especially when I make purchases of a new project token. It's a really cool bot as you don't have to do much. It make your trading alot more easier so you can just easily opt out of a meme coin when it begins to dump.. well trading bots has its own advantage and disadvantages.. for me I won't call the the best way to trade.. though some traders do use them as well as a major source of trading profits, but it difficult to get a good one that will be able to follow your trading strategy, except you design them yourself.. the best way to trade is to analyze the market yourself and monitor your trade. If you are too busy to monitor your trades, just don't. Except you are a long term trader.

I haven't used any bots until now. Honestly speaking, I don't trust them. Rather than relaying on those bots, it's better to rely on oneself. It also helps with building experience. Of course, if you are a pro in this field, then it's completely fine to use bots as long as you know what you are up to. I know there are many fake bots out there, so just out of curiosity, can you please provide me the official link? I wanna have a look!.....  ;)

They're different kinda bots. There's some linked to an exchange that enables faster spot trades(Was talked about earlier) they're some for meme coins, some for futures. So which do you want to experience?.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Mate2237 on November 09, 2024, 07:56:10 PM
Anything bot is not advisable to use and I still prefer the traditional method of trading because bots are already program machines which can make a lot mistake more than human trading. When you trade by yourself, you use the skills you have acquired to trade so it is better you trade by yourself.

Telegram Wallet is a new wallet to the exchange platforms and it became popular when airdrops storm the social media for their businesses, mining and games. Nobody knows it like that before and if people did, they were few. I am a full participant of telegram but I have not used the Telegram Wallet so I don't know there fees charge by them.
Title: Re: The efficiency of Trading with Tg bots..
Post by: taufik123 on November 09, 2024, 08:59:20 PM
I am also a user of several Telegram bots and it is very fast and more efficient than having to use directly from raydium or uniswap or other dex.
It's so fast and instant that you don't have to wait for a long time and it also has a lot of features.

Now several exchanges are also developing their trading platforms that can be accessed through the Telegram Mini App which can be used easily.
Title: Re: The efficiency of Trading with Tg bots..
Post by: yhiaali3 on November 10, 2024, 06:48:26 AM
I haven't tried trading bots on Telegram because I don't trust these bots, there are some reliable bots of course but I don't like risk and prefer to stay away.

In general, I tried trading bots on Bitget and KuCoin exchanges but unfortunately my experience was not encouraging, the results were very poor even though the bots use artificial intelligence, so I decided that manual trading is much better. At least for the bots I tried.

What was your experience and which of the bots did you try. Their Tg mini app or spot grid etc. they give a lot of rebates on tx fees on the TG bot. So I'll like you to share your experience.
Yes, I tried the spot grid trading on Bitget and KuCoin exchanges, I tried it with a small capital and waited about a week, but the results were very weak.

The problem is that the bot trading feature is not available on all coins pairs, there are special coins and some of them require a high minimum capital, and there are also high fees.
Title: Re: The efficiency of Trading with Tg bots..
Post by: MrSpasybo on November 10, 2024, 05:32:22 PM
I haven't tried trading bots on Telegram because I don't trust these bots, there are some reliable bots of course but I don't like risk and prefer to stay away.

In general, I tried trading bots on Bitget and KuCoin exchanges but unfortunately my experience was not encouraging, the results were very poor even though the bots use artificial intelligence, so I decided that manual trading is much better. At least for the bots I tried.
I've never even touched a bot because I don't trust them. I understand technical indicators and could create my own trading bot, but I also know their limitations and weaknesses. Just think about it: if every trading bot could consistently generate profits, no matter how small, there wouldn't be enough money in the market to pay everyone. Markets only sustain themselves when a majority lose.

Telegram bots, in particular, still carry too much risk in my opinion. I don't trust them the way I trust Binance, Uni, Pancake, or Raydium. I'm still happy with my long-term investment strategy, limiting the number of trades I make and being ready to take profits as soon as the market shows the first signs of a reversal.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Publictalk792 on November 10, 2024, 05:51:28 PM
I am also excited about Telegram wallet innovations like low fees and fast transactions. My experience with Telegram trading bots is mixed. Bots like Bonk/Solfare are great for meme coins but for futures and spot trading they have pros and cons. They are convenient and automated and easy to use but also come with security risks and limited features and potential malfunctions. Traditional platforms offer better security and features but Telegram bots provide speed and ease.
Title: Re: The efficiency of Trading with Tg bots..
Post by: lombok on November 12, 2024, 05:00:50 PM
I am also excited about Telegram wallet innovations like low fees and fast transactions. My experience with Telegram trading bots is mixed. Bots like Bonk/Solfare are great for meme coins but for futures and spot trading they have pros and cons. They are convenient and automated and easy to use but also come with security risks and limited features and potential malfunctions. Traditional platforms offer better security and features but Telegram bots provide speed and ease.
Telegram wallets & Trading bots do come with high efficiency but it is the aspects of low fees which now we discuss about and impressive transaction speed. This solution helps us to grab opportunities and manage assets in a more usable way in a direct manner.

However, we will also have to look at the security and limitation of the features the bots have. Despite all the benefits of P2P platforms related to improved protection and a large number of features, speed and convenience of trading using Telegram bots remain attractive for traders.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Hisbullah on November 14, 2024, 11:09:12 PM
I am also excited about Telegram wallet innovations like low fees and fast transactions. My experience with Telegram trading bots is mixed. Bots like Bonk/Solfare are great for meme coins but for futures and spot trading they have pros and cons. They are convenient and automated and easy to use but also come with security risks and limited features and potential malfunctions. Traditional platforms offer better security and features but Telegram bots provide speed and ease.
Telegram wallets & Trading bots do come with high efficiency but it is the aspects of low fees which now we discuss about and impressive transaction speed. This solution helps us to grab opportunities and manage assets in a more usable way in a direct manner.

However, we will also have to look at the security and limitation of the features the bots have. Despite all the benefits of P2P platforms related to improved protection and a large number of features, speed and convenience of trading using Telegram bots remain attractive for traders.
I also have a telegram wallet but I haven't studied it in depth, I only use it to participate in airdrops and so far it's safe as long as we don't link to suspicious bots that can take our assets in the wallet.
Maybe we need to discuss this in the forum, to ask for senior opinions about this wallet.
Regarding trading bots, I have used them in the past, but for now I don't use them because I am more comfortable with manual trading, not bots.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Azharul on November 15, 2024, 12:06:05 PM
Since the launch of the Telegram wallet, we've seen many innovations, and so far, I've been impressed—especially with the low fees and transaction speed. However, I'd like to discuss the efficiency of Telegram trading bots.

Does anyone have firsthand experience with these? How do they compare to traditional trading platforms? For context, I've used Bonk/Solfare bots to trade meme coins, which was a great experience. But I'm specifically interested in using Telegram bots for futures and spot trading. What has your experience been like?
I think you could express a best opinion in your post. So i am also agree with this opinion. We also believe that trading is one of the best earning way in cryptocurrency market. Because we saw that many crypto users could be more develop from ther trading knowledge. So i think that trading knowledge is one of the best way to make money easily from crypto currency market. Because if we don’t understand in cryptocurrency market and investment huge profit, i believe that it will be best wrong decision for us.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Faisal2202 on November 16, 2024, 06:48:53 AM
Since the launch of the Telegram wallet, we've seen many innovations, and so far, I've been impressed—especially with the low fees and transaction speed. However, I'd like to discuss the efficiency of Telegram trading bots.

Does anyone have firsthand experience with these? How do they compare to traditional trading platforms? For context, I've used Bonk/Solfare bots to trade meme coins, which was a great experience. But I'm specifically interested in using Telegram bots for futures and spot trading. What has your experience been like?
Don't aware if there is any bot on Telegram where you can easily do Long and Short trading or spot trading even if there is any I won't advice you to do on TG because I think making fake bots and becoming a victim of phishing scams on telegram is so easy. Like hackers or scammers can come up with some phishing links that can get all of your data about TG bot once you click it.

Exchanges are best, and once these exchanges will introduce their TG bots then I will test them, I would prefer to use the TG BOT of Binance only.
Title: Re: The efficiency of Trading with Tg bots..
Post by: Bobcrypto on November 16, 2024, 10:23:31 AM
I haven't tried trading bots on Telegram because I don't trust these bots, there are some reliable bots of course but I don't like risk and prefer to stay away.

In general, I tried trading bots on Bitget and KuCoin exchanges but unfortunately my experience was not encouraging, the results were very poor even though the bots use artificial intelligence, so I decided that manual trading is much better. At least for the bots I tried.

I have not tried Bot trading but I think there are risks involved  too, not without a profit/Loss. Normal trading, that is , manual trading as you mentioned is still much preferred buy many traders.
I have been monitoring the bot trading on exchanges, and observed that there are few traders compared to regular or manual trading. Bot trading has not attracted many traders because many traders are still skeptic about it's profit/loss outcomes
Title: Re: The efficiency of Trading with Tg bots..
Post by: smartaction on November 16, 2024, 11:08:22 AM
I haven't tried trading bots on Telegram because I don't trust these bots, there are some reliable bots of course but I don't like risk and prefer to stay away.

In general, I tried trading bots on Bitget and KuCoin exchanges but unfortunately my experience was not encouraging, the results were very poor even though the bots use artificial intelligence, so I decided that manual trading is much better. At least for the bots I tried.

I have not tried Bot trading but I think there are risks involved  too, not without a profit/Loss. Normal trading, that is , manual trading as you mentioned is still much preferred buy many traders.
I have been monitoring the bot trading on exchanges, and observed that there are few traders compared to regular or manual trading. Bot trading has not attracted many traders because many traders are still skeptic about it's profit/loss outcomes

Most of the people who are new to trading use bot trading. I think using bot trading is too risky. So I will never advise anyone to use bot trading.  Try to learn a lot. Trading has a lot of risk. If we can do trading after gaining experience about trading, then it seems that there is never any risk. An experience trader will never take any wrong decision that will lead to his loss.  All the money falls into losses. When trading, you have to accept both profit and loss and trade.
Title: Re: The efficiency of Trading with Tg bots..
Post by: satpol_PP on November 22, 2024, 08:06:40 PM
I haven't tried trading bots on Telegram because I don't trust these bots, there are some reliable bots of course but I don't like risk and prefer to stay away.

In general, I tried trading bots on Bitget and KuCoin exchanges but unfortunately my experience was not encouraging, the results were very poor even though the bots use artificial intelligence, so I decided that manual trading is much better. At least for the bots I tried.

I have not tried Bot trading but I think there are risks involved  too, not without a profit/Loss. Normal trading, that is , manual trading as you mentioned is still much preferred buy many traders.
I have been monitoring the bot trading on exchanges, and observed that there are few traders compared to regular or manual trading. Bot trading has not attracted many traders because many traders are still skeptic about it's profit/loss outcomes

Most of the people who are new to trading use bot trading. I think using bot trading is too risky. So I will never advise anyone to use bot trading.  Try to learn a lot. Trading has a lot of risk. If we can do trading after gaining experience about trading, then it seems that there is never any risk. An experience trader will never take any wrong decision that will lead to his loss.  All the money falls into losses. When trading, you have to accept both profit and loss and trade.
if you want to learn trading, you should trade manually because we are more detailed and careful in seeing the market, not only depending on trading bots because in my opinion there will be a dependence on bots. We learn analysis, create strategies and always monitor the market when we start practicing trading skills.
I have used bots in the past, but I feel more comfortable trading manually, but it all depends on you. If you prefer bots, we can choose bots.