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Hey there, so I want to start using trading bot but can't really decide what to use. Found this website cryptotrader.org that no one is talking about it anymore in the from, I guess that means it's not working ???

If you are a big trader, then u should buy this bot: https://bitcointalk.org/index.php?topic=507103.0 (https://bitcointalk.org/index.php?topic=507103.0)
It is a very advanced and nice bot and it is very profitable, although the bot costs 0.5 bitcoin.

The bot have great features I think it's a good investment. I will dig more on this before I buy it.
Thanks  :)

I understand that you advice to use this bot when you are a big trader. Since I am not a big trader and just started with trading what do you advice to start with. Are there other good alternative available for newbies like me.

Would also like to this  :)

not many trading bot that available on bitcoin world,as long i'm in this forum i never found people recomend me about bitcoin trading bot,but my exchange in my country have create one,you can try and read the review here http://www.coinnewsasia.com/bitbot-the-bot-trading-for-the-indonesian-bitcoin-community/

I've been running the demo of leonArdo for a couple days now, i'm not affiliated, but i do like the way it works, and i also like the fact the dev is really active.
I asked him for a 32-bit linux binary, and got one trough PM just a couple hours later...

That being said: it's the only trading bot i've ever tested, so i cannot compare it to, for example, C.A.T.

Yeah there isn't that many that's why I created this thread. Thanks


Thank you I will check it out.

Leonardo? What s that? Any links pls?

Here is the link https://bitcointalk.org/index.php?topic=506317

there a bunch on youtube, they appear to be good, they deliver a small +ev in the long term, talking about tiny % likie 0.1, but still better than nothing

Do you need to check in on these bots every couple hours to make sure they are not glitching and losing you money?


@ Amph how much do you talking about when you reference .1 as small profit for a days work?
Thats pretty decent if we are talking less than 10 bitcoins in trade,something I might have to look into farther.
Its about the difference I make working downtown as opposed to closer to home. If I could bring in that profit I would kiss the downtown job goodbye and work 10 minutes from home. ;D

I don't use bot on trading. It is like we give money to proggram.

talking in daily %, if you trade 10 btc then 0.1% is a bit too low, because you are doing 0.01 per day, but you cna increase it with leverage i guess

As you staked above that you are a new trader, and just started trading recently.. I would like to suggest you don't use any bots in starting of your trading career. do trading manually first. get some knowledge and experience about trading. if you start trading with bots you'll have to depends on bots in future also. which get you in trouble in future..

Thank you for the good advice ;D

I suggest to educate yourself on the traditional sense of day trading before you dive in bitcoin, because its pretty much the same.

Also just know that trading is a higher form of speculative gamble, based on TA (technical analysis) and trade setup after practicing however many hours on paper trading..

You should focus on your approach.. whats your approach to beat your odds against a normal trader?

it is always a better way to start trading in the traditional way to be more active in the process and well rehearsed since practicing the manual trading makes you a perfect trader and making it easier to handle problems errors delays in your later trades.  know the whole process first so not to be confused later.   8) 8) 8) 8) 8)

in my opinion the only good bot is the one that you code yourself but since that is not an option for everybody, you should first try open source bots if you can find them so you can twerk it if you want.

two suggestions: qutaloo (it is kind of a free bot you only have to hold a balance of their alt)
C.A.T (expensive but it seems good, haven't tried it myself)

you're right about coding one yourself, but i doubt there are a lot of people out there who have intimate knowledge of trading, combined with an intimate knowledge of the ALTcoin scene, combined with very good coding skills.
I'm pretty sure most people that have a combination of those 3 skills are already trying to sell their bot ;)

personally i don't think that anyone should use trading bot, i never used it and  i still got a lot of profit, and i don't think to use it  in future not matter how easy it looks

and i don't prefer it as no bot will be smart as you will,  only you will know when it is good time to buy bitcoins or when it is bad time to sell them, bot can't do that even with buy/sell orders

did someone have buy and use this bot?how its works?i interesting to buy,but for now i dont have any funds,i mean its not enough to buy a copy of C.A.T . i see on image below,there was a free on some exchange,what its mean?free to buy or what?
https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FVgWurBM.png&t=564&c=ahEiT3EzYtVp5g

Its actually the only one worth a try so far I assume.
You get muuuuch more details here: https://bitcointalk.org/index.php?topic=507103.0

:-)

Trading bots are not good if you ask me because they can also ruin your strategy plus they only look at the prices....

You can use CAT bot, it is the best, but do not forget check the crypto market before, link is here https://bitcointalk.org/index.php?topic=507103.0 (https://bitcointalk.org/index.php?topic=507103.0) Keep in mind that there is not so wide choice of crypto bots.  ;)

I do not recommend you a bot at all, trading bots are not good, I even think they can let you lose a lot of profit.
Its not thinking like yourself and because of that it can also make some big mistakes.

I wouldn`t recommend using bots for trading.You should learn how to trade and perfect your skills.

Don`t rely on bots to make you profits.

I do not recommend you one at all because the fact is that a trading bot is indeed just not recommend.
It does not has the real skills of a real trader in my eyes.

I agree with you that is why i don't use bot on trading

Im never use bot for trading, im use manual setting, it's highest chance to get more profit, but the risk highest too.
some good Bot make you must buying the api key , it's make me wasting my money (IMO).

I was download to quatloo  trader but when price down 0.00001 i did not trust them

I second this notion. Over reliant on a bot without getting the basics or having a good idea of your own trading strategy makes it an even bigger gamble.

I have a question. What if most of the people use the same bot, won't that bot become unprofitable since they all trade the same style?

personally i don't use any trading bot and i am happy and good with that, because i get enough profit for me, and  i am not a very large trading that i would need a bot

and maybe i don't really trust bot too as  i know that there was stories that people lost their bitcoins because of scam bots, so this is also a  reason why i don't use them