Bitcoin Forum

i have ben looking at two bots (GUNBOT and C.A.T.

and my question is pretty simple, are they worth it? and do they make a profit?? what setting are you using, and how much do you have on the exchange?

GUNBOT is pretty new one and i have never heard of it before expect in advertisements!!!
but CAT is one of the old bots and i have never heard any complaints about it until today. and the feedback i have heard was good about this bot.

although i have to say i am not personally using any of these bots because i have never felt the need to "pay" and use the features they offer to make any profit while trading.

and also remember that a trading bot, does not mean click a button and make profit. a trading bot only means making some stuff easier for you, so you have to have some trading knowledge beforehand.

okay thanks, i have had my eye on the C.A.T for some time now, so i might jump the gun on that one. i just wanted to know if ppl have had some good experiences with it.

We will direct to your question if using trading bots are worth it or can even make a profit. If the execution is right then yes it's a profit since you will make a settings there and if it follows the path, it's a win.

But take note that you will use it in an  "altcoin" trades. Volatility here are having a much deep impact compare to bitcoin trades and much more if it will compare to stable currencies like fiat and other assets. Prices are heavily manipulated so in just a blink of an eye, you can expect a surprising move.

Above all of this, since you really preferred to use a bot (based on your last post above) then try it for yourself and experienced the actual situation of using it. You can now make your own conclusion and you can kindly shared it here.