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Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: ayatoslaw on February 09, 2019, 06:05:33 AM

Title: Trading with bots, good or not?
Post by: ayatoslaw on February 09, 2019, 06:05:33 AM
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.
Title: Re: Trading with bots, good or not?
Post by: Paha87 on February 09, 2019, 06:13:03 AM
Hey. I have no experience of trading with a bot. As I am skeptical about this method, but just as you would like to hear feedback on this topic. I'll set a reminder and keep an eye on the subject. The author you + in karma.
Title: Re: Trading with bots, good or not?
Post by: AquaX on February 10, 2019, 10:30:46 AM
Trading bot is not a worthwhile tool to trade on your behalf. Even if there are sophisticated strategies out there that may or may not work, most people trying to generate passive income, and have entered the crypto markets in hopes of huge returns, neither have a full understanding of technical analysis, nor time to delve into the intricacies of custom strategy building and backtesting.
Title: Re: Trading with bots, good or not?
Post by: paolobaltimori on February 10, 2019, 11:02:45 AM
I had bad experience using bots for trading boh in traditional finance and here in crypto. I tried some bot with low amount and lost everything in 3 months..
Title: Re: Trading with bots, good or not?
Post by: debra on February 10, 2019, 11:26:56 AM
I've just heard it. I don't know if trading can be done by bots. I never think it will be better than human can do. Bots should have a limitation in analyzing the prices. I have no plan to try it, I still believe trading by our selves better. 
Title: Re: Trading with bots, good or not?
Post by: xspasa on February 10, 2019, 01:56:04 PM
Not sure you will be safe using BOT. very risky because BOT might do something wrong like error. But, maybe there is a BOT that has good quality and makes a profit.
Title: Re: Trading with bots, good or not?
Post by: khufuking on February 10, 2019, 07:14:56 PM
I heard a lot of bad stories when it comes to bot trading, I never tried it and I will never do I simply do not wake one day just to find that the bot did not work as it should be and make me loses all my money not to mention the vulnerability any bot represent to any account attached with it.
Title: Re: Trading with bots, good or not?
Post by: tsakf on February 10, 2019, 07:50:01 PM
The only advantage of bots, is, that they stick to the programmed strategy. They don't get greedy or panic. The follow the programmed strategy without errors. The only problems that I see with bots, is that they cannot adapt to the changing markets. So the investor, must stop the bot, when the market changes. Then the bot has to be reprogrammed with a new strategy. This is the difficult part.
Title: Re: Trading with bots, good or not?
Post by: luvr1000 on February 10, 2019, 09:48:45 PM
as for me, I trade a little but I do it myself, I know that on large exchanges trading robots and without it does not do any exchange
Title: Re: Trading with bots, good or not?
Post by: Paha87 on February 11, 2019, 04:21:16 AM
The only advantage of bots, is, that they stick to the programmed strategy. They don't get greedy or panic. The follow the programmed strategy without errors. The only problems that I see with bots, is that they cannot adapt to the changing markets. So the investor, must stop the bot, when the market changes. Then the bot has to be reprogrammed with a new strategy. This is the difficult part.
I liked what you said. It's business. + you karma. It turns out that without a human bot will lose the entire Deposit over time. I read the reviews, the desire to study trading with bots I lost, I will go further. All luck comrades
Title: Re: Trading with bots, good or not?
Post by: kenning on February 11, 2019, 05:37:16 AM
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.

In actual fact trading with bots/ signals etc is a way that you can make profit with but if you take a while to think isn't you at the mercy of them, furthermore since every trade is manage by a third party you will not know what is really happening and if one day the bot is not available or go haywire does that means you will too?
Title: Re: Trading with bots, good or not?
Post by: Luckyperson21 on February 11, 2019, 05:49:56 AM
in my opinion, there will be a lot of losses. even though there are only a few losses, we don't know when the price drops suddenly. if that happens, then we can't check it. because we rely on bots. so it's better to trade without a bot.
Title: Re: Trading with bots, good or not?
Post by: alltalk on February 11, 2019, 06:11:09 AM
in my opinion, there will be a lot of losses. even though there are only a few losses, we don't know when the price drops suddenly. if that happens, then we can't check it. because we rely on bots. so it's better to trade without a bot.

I agree. I do trading myself without bots, and I have no problems so far. Sometimes I think to try bots, but I am afraid it just leads to bad ways in trading. If you are confidence with your own way in trading, just do it like me..  :)
Title: Re: Trading with bots, good or not?
Post by: Crypt0Pro on February 11, 2019, 07:03:49 AM
If you want to lose your coins, trade with bots. If you want to get some profit, don't rely on anything but yourself. No one bot can analyze and decide like a human being.
Title: Re: Trading with bots, good or not?
Post by: tsakf on February 11, 2019, 08:41:22 AM
I liked what you said. It's business. + you karma. It turns out that without a human bot will lose the entire Deposit over time. I read the reviews, the desire to study trading with bots I lost, I will go further. All luck comrades

Thanks! Have fun with cryptocurrency, trading or using. I still stick to it's main purpose, to use them, as an alternative form of payment.  Although, trading, is the fun part, until, cryptocurrency gets wide acceptance.
Title: Re: Trading with bots, good or not?
Post by: trauchot on February 11, 2019, 09:08:20 AM
The majority of trading bots cause losses, it was and always will be, no matter what the area associated with this will be, but usually the result is one, but now there are some companies that take their trading bots to a new level and they really bring profit.
Title: Re: Trading with bots, good or not?
Post by: Zed0X on February 11, 2019, 09:16:48 AM
Whether or not it will be good will depend on how you set it up. Trading bots are tools and do not decide on their own, they have to be programmed. I think the better question here is, are you good at trading?
Title: Re: Trading with bots, good or not?
Post by: alltalk on February 11, 2019, 09:30:04 AM
~snip~ I think the better question here is, are you good at trading?

Indeed. Even though using the best ways whether with bots or not, if we are not good in trading, it won't bring satisfying results.
Title: Re: Trading with bots, good or not?
Post by: Nate11 on February 11, 2019, 12:55:20 PM
I think trading bits are good even though it has its disadvantage too but in general terms it's better than the conventional method of trading (human)
A bit can trade 24/7  while human cannot.
A bit can watch and monitor trades continuously without the need to go for break and so forth
Title: Re: Trading with bots, good or not?
Post by: ZionRTZ on February 11, 2019, 05:28:49 PM
The good thing about having a trading bot is that you do not have to be glued in front of your screen monitoring volumes and prices. You just have to set it up properly and that means the bot will be as good as you are.
Title: Re: Trading with bots, good or not?
Post by: MDPK on February 12, 2019, 02:38:29 AM
Crypto trading bots are reminiscent of those money-making Forex programs that you find “veteran traders” trying to flog. If those Forex guys are as rich and successful as they profess to be, wouldn’t they be better served keeping that esoteric knowledge to themselves rather than offloading it to the masses for $100 a month? In other words, beware of geeks bearing bots.
Title: Re: Trading with bots, good or not?
Post by: adterna on February 12, 2019, 03:12:17 AM
Cryptocurrency bots are advertised as a quick and easy solution for investors to help automate trading and autopilot their passive income. If crypto bots are useful, why isn’t every professional trader adopting these tools? Furthermore, can one simply outsource their trading responsibilities to a computer program and still make money?
Title: Re: Trading with bots, good or not?
Post by: MUGNIA on February 12, 2019, 03:33:01 AM
I just found out there is a BOT for cryptocurrency,
worth a try to know what the advantages of the bot are,  where I got the BOT
does anyone sell? or some kind of application that can be downloaded
Title: Re: Trading with bots, good or not?
Post by: alyanov on February 12, 2019, 04:07:05 AM
trading bots are not for everybody, nor does everybody need one. Casual investors are not the prime target of trading bots, and if your intention is to buy and hold Bitcoin then a trading bot is probably not the correct investment for you. In addition, if you are not a competent programmer or familiar with the creation of financial strategies, trading bots may also not be for you.
Title: Re: Trading with bots, good or not?
Post by: MuTu on February 12, 2019, 06:35:29 AM
I just found out about that, how do we know we're trading with bots, not humans? But as long as it's profitable for us, trading with bots doesn't matter.
Title: Re: Trading with bots, good or not?
Post by: Speaker on February 12, 2019, 10:02:56 AM
Not one trading bot will not bring you a stable income if this bot is not developed by you or not for you...any bot in addition requires constant monitoring and changes.
Title: Re: Trading with bots, good or not?
Post by: Quart on February 12, 2019, 11:09:21 PM
Trading with bots is not bad idea as long as we know how to run it correctly. It is the way to help our trading more profitable and effective. But we need to remember, it is only for additional way, not as the main way.
Title: Re: Trading with bots, good or not?
Post by: KunotCoin on February 13, 2019, 02:38:53 AM
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.
Well thats how they made to trade automatically if those trading bots are not doing well or we just suffering from losses because of those bots and tben why we still use them i suggest to back to basics and trust your judgement.
Title: Re: Trading with bots, good or not?
Post by: ardhanimaul on February 13, 2019, 06:42:59 AM
I think trading bots are not suitable if you are looking for passive income. Getting the right results from such software requires time and effort and often involves testing strategies on historical data to see how certain trades will work. You should always use a small amount of capital to get started until you get used to the new system.
Title: Re: Trading with bots, good or not?
Post by: enci55 on February 19, 2019, 03:40:55 AM
In my opinion, don't use trading bots if you don't understand them, trading bots are computer programs that use various indicators to recognize trends and automatically trade. While algorithmic trading software has been used by hedge funds in equity markets, commodities and currencies.
Title: Re: Trading with bots, good or not?
Post by: Coin63@ on February 19, 2019, 05:08:16 AM
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.
Title: Re: Trading with bots, good or not?
Post by: hidayatachad on February 20, 2019, 03:22:10 AM
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.
Title: Re: Trading with bots, good or not?
Post by: tsakf on February 20, 2019, 03:44:49 AM
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.
Title: Re: Trading with bots, good or not?
Post by: Speaker on February 20, 2019, 10:40:00 AM
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.
Title: Re: Trading with bots, good or not?
Post by: tsakf on February 20, 2019, 11:17:19 AM
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.
Title: Re: Trading with bots, good or not?
Post by: aryaan on February 20, 2019, 01:27:05 PM
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
Title: Re: Trading with bots, good or not?
Post by: ryap12 on February 20, 2019, 01:41:32 PM
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.
Title: Re: Trading with bots, good or not?
Post by: DogeTalk on February 20, 2019, 05:02:56 PM
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?
Title: Re: Trading with bots, good or not?
Post by: backfirst77 on February 20, 2019, 05:35:01 PM
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.
Title: Re: Trading with bots, good or not?
Post by: shadow.bishop on February 20, 2019, 05:40:15 PM
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.
Title: Re: Trading with bots, good or not?
Post by: tsakf on February 20, 2019, 07:48:55 PM
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.
Title: Re: Trading with bots, good or not?
Post by: nayeon.twc on February 20, 2019, 09:30:42 PM
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.
Title: Re: Trading with bots, good or not?
Post by: Ghozrd on February 21, 2019, 04:14:49 AM
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.
Title: Re: Trading with bots, good or not?
Post by: a_ps on February 21, 2019, 04:16:05 AM
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.
Title: Re: Trading with bots, good or not?
Post by: bayiajaib on February 21, 2019, 07:39:51 AM
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.
Title: Re: Trading with bots, good or not?
Post by: Malam90 on February 21, 2019, 09:00:13 AM
I have been trading for three years but i have no experience with bot trade. I only enjoy with manual trade. It satisfied me because it is being controlled be me.
Title: Re: Trading with bots, good or not?
Post by: Speaker on March 10, 2019, 07:36:11 PM
If you are an expert in trading and you have enough money-you can run your own bot, but if you are offered to buy a bot for little money and promise profit - do not believe them !
Why sell someone a working and unique product ? Most likely the bot will just lose your Deposit....learn to trade yourself.
Title: Re: Trading with bots, good or not?
Post by: Crypt0Pro on March 11, 2019, 05:06:55 AM
Yes, I also told that not every bot is created to help you. Most of them are a scam and try to steal more money from you.
Title: Re: Trading with bots, good or not?
Post by: botcompare on March 11, 2019, 01:15:43 PM
Trading with bots may ease your trading experience, though it's just a tool — you should also rely on your common sense, trading experience and careful risk management.

We've prepared a list of crypto trading bots — please check at BOTCOMPARE.TOP
Title: Re: Trading with bots, good or not?
Post by: laughingburger on March 11, 2019, 02:30:34 PM
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.

Trading with bots can be profitable but i am quite sure that the bot will go haywire someday as the market is always changing and if there is no one to tune the bot, your portfolio will be affected to a big extend.
Title: Re: Trading with bots, good or not?
Post by: CryptoYears on March 21, 2019, 11:07:45 PM
In my view, the majority will not prefer trading bots for 2 obvious reasons. Firstly, the success rate is incredibly low with it and second, there is no extra advantage of it.

If we lose then we simply lose but while doing manual trading, we lose but at least we gain experience, which is clearly ruled out with automatic trading. But yes I do feel there are some high quality Crypto Trading Bots (https://cryptolinks.com/crypto-trading-bot) out there, but just be sure that you really want to use it with keeping the above thing in mind.
Title: Re: Trading with bots, good or not?
Post by: coinlurker on March 31, 2019, 12:53:09 PM
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.

If you want to be a trader trading with bots does not really makes you a trader. When the bots open, close, win or lose a trade you does not really know what is happening and if someday the bot is not tune to the market condition you might lose your portfolio overnight.
Title: Re: Trading with bots, good or not?
Post by: bit858585 on April 01, 2019, 10:48:16 PM
it the next step of trading
Title: Re: Trading with bots, good or not?
Post by: Markus Hoffmeier on April 10, 2019, 02:45:36 PM
I like to trade with bots because it makes my life easier and it takes not so much time to trade as on separate traditional exchanges. Personally I use https://fumgo.com (https://fumgo.com) for such cases and I'm really satisfied with its interface and functions.
Title: Re: Trading with bots, good or not?
Post by: tsakf on April 14, 2019, 12:38:14 PM
I like to trade with bots because it makes my life easier and it takes not so much time to trade as on separate traditional exchanges. Personally I use https://fumgo.com (https://fumgo.com) for such cases and I'm really satisfied with its interface and functions.

Bots have an advantage, that they are not emotional driven. It will follow the rules whatever happens, no fear, no greed. Just trading.
Title: Re: Trading with bots, good or not?
Post by: Bobcrypto on April 14, 2019, 09:37:18 PM
I think that bot trading is just a new trend in crypto ecosystem and as the days go by, many guys using bot may sharing their experience for many of us to learn.
Title: Re: Trading with bots, good or not?
Post by: patrickmane on April 17, 2019, 02:31:44 PM
nope
Title: Re: Trading with bots, good or not?
Post by: kreiskleidolon on April 20, 2019, 06:05:36 PM
You must have a background of technicl analysis instead of blindingly using some bots to do the job. That is just irreaponsible and you might end up loosing your money
Title: Re: Trading with bots, good or not?
Post by: JasmineRose on April 21, 2019, 10:12:58 PM
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.

it's very bad for me. human is better than bots in any case.  using bots it is look like scheme thing. get money, but who search and process it are robots. then what's the use of our mind? we are human, we are better than bots, so, don't think that trading with robots is a good thing
Title: Re: Trading with bots, good or not?
Post by: A.bytota on April 21, 2019, 11:11:55 PM
I heard that experienced traders can easily mislead your bot :-\
Title: Re: Trading with bots, good or not?
Post by: moonuranus on April 22, 2019, 09:56:05 AM
Not so sure about that, but I saw someone who is making profits by using the trading bots, I don't know how it really works but I think you are that one the will setup how will the bot behave basically the bot will just do your given strategy to them.
Title: Re: Trading with bots, good or not?
Post by: saprakib on April 22, 2019, 07:06:11 PM
Quote
but is that good? or will it only give you a lot of losses?
I don't believe in bot .I never did any trade with the bot /I really confused are they getting profited with bot trading .A crypto exchange platform always so high volatile i don't believe that a bot can win in trade consistently.
Title: Re: Trading with bots, good or not?
Post by: Bobcrypto on April 23, 2019, 07:44:15 AM
I think trading with bots is new method in crypto market and many traders has not actually adopted to this trend.I am currently learning bot trading and i makes in traders remain in control of their trading at all times, with the bot not sleeping even while the traders are resting or even sleeping. However, it is another forms of increasing earnings plus loss too in my opinion.
Title: Re: Trading with bots, good or not?
Post by: Stuart on April 24, 2019, 02:24:27 AM
I have never tried the not trading, and have never had an experience with it. The funny thing is that it is becoming the order of the day. It could be making profits, but the losses is inevitable. In trading the good and bad times comes, and I prefer to make both good and bad time myself. Bots are programmed, and bugs/errors may occur.
Title: Re: Trading with bots, good or not?
Post by: Gyrgen on April 27, 2019, 11:27:32 PM
I look at society as a whole, it is distrustful of bots. Someone tried it so that the bot gave out signals and you make the final decision yourself?
Title: Re: Trading with bots, good or not?
Post by: Evgenklm on April 28, 2019, 01:53:38 PM
I have never tried to trade bots, but in my opinion this is a bad idea, because the bot can lose settings, lose more than you earn, plus the cost of the bot is not small, it's about 100+$ per month.
Title: Re: Trading with bots, good or not?
Post by: CryptoYears on April 30, 2019, 02:10:08 AM
I always believe it is not good to say something for everyone or everything. While there are many Trading Bots which are useless and waste of time. However, there are some which are good too.

It is just upon us to find such or if not then use only manual way. I don’t use too many of these Crypto Trading Robots (https://cryptolinks.com/crypto-trading-bot), but Gekko is one famous name that I know about but I haven’t used it personally to be absolutely sure of how it is.
Title: Re: Trading with bots, good or not?
Post by: zilzylian on April 30, 2019, 10:40:43 AM
I never trade with bots, but if you've heard of the exchange of HyperQuant Exchange, you can see the price predictions of the bots they have, there you can trade easily.
By the way,I never traded there,but you can try it.
Title: Re: Trading with bots, good or not?
Post by: A.bytota on April 30, 2019, 10:47:56 AM
Bots, this is understandable, but how to get experience in trading and would forget about the excitement