Bitcoin Forum

Which trading bots do you use?

Trading with not is a bad idea, it can make you to run into huge losses. I prefer trading manually

I haven't tried any trading bots till now and mostly I can book profit with just manual trading. But I have checked about gunbot some time ago and thinking of buying it to book small and constant profit on autopilot. You can also have a look at it, many bitcointalk users seem using it..

I agree, I do prefer manually not because of the potential huge losses but the experience that you can only enhance. They might profit from it steadily but if you experience trading and learn everything about it then you'll earn lot more than them. It's not a bad idea to do it with bots but it would be better if you do yourself.

I think the best trading bot is Leonardo.
https://bitcointalk.org/index.php?topic=1467939.0

It cost 89$ if you want to use it lifetime. And also they have demo.

Are you making any profit while using that Bots because I never tried any bots till now. I myself learned to trade and doing it manually on daily basis.
By using the bots are we going to face any loss with the investment we made?

What bot is it ?
Bot for doing the trade or what ? There are a lot of bots,i do not use any bot for doing trade because it's very risky and the bot itself has an access to your money/coin.i never trust that kind of bot because many people get rekt by it.
But if you are asking about bot signal,i recommend you to use a bot made by gunthar.it called Gunbot,it's quite expensive but many people got a lot of profit from it and so far it's a reliable bot.
Go check here :
https://bitcointalk.org/index.php?topic=1715214.0

To be honest i never believe it,but it has been proven by other people,i started to believe it.
The reason i do not believe it because Bot is a program,and only running the code and can not improve by itself.so they never know how to counter the markets

you can try gunbot but i don't prefer it for big trades. i just use it for small trading on poloniex.

 I ll sell you my Gunbot bitrex license for 0.085 BTC

Don't get sucked into trading bots, they are scams. There is no way to properly predict the future, no matter what anyone tells you! Markets are unpredictable.

Personally the only kind of trading robots that I use and ones that I program myself. I don't even go as far as cutting them I use things like if this then that and other automation software but I don't do it very much. If you're looking for a crazy but I say that I've heard good things about GunBot but it is a fee-based service. Worth a try.

I don't beleive in trading bots, just don't think this can bring you profit, only losses. You can't have the control over it and react when adjustment is needed. Market is changing too fast and unpredicted and all options just can't be programmed. I suggest to try with manual trading. There is no easy money, don't forget that.

As a read the reply I understand is it like a faucet?

Sorry to ask but what is a trading bot? can anyone explain it to me?

Thanks

not at all. instead it depends.

a trading bot is just a tool, you can use it any way you want. some use it to their benefit and some don't know how to use that tool and end up losing money. the thing is, people usually expect weird things out of bots and that makes them bad but just for them not generally.

Seriously? we are about to end 2017 and there is still people who waste their bitcoins for buying bots? I dont understand it, trading bots are a very big marketing campaing that says "invest 1 btc in our bot, you will earn 5 btc in two months" and there is people who believe them, i can not understand.. Obviously that manually trading is much more profitable, because you are not going to have unexpected losses.

I am definitely NOT a supporter or believer in buying or using bots for trading.   My personal opinion and experience of bots is not very good and i generally don't believe bots can make you the sorts of profit that is promised at the point of purchase.  Plus bots as i understand can't exactly be dynamic enough in terms of reactions to mild-major movements in the markets.   Use wealth to acquire wealth yes, but in a methodical fashion.  I would suggest trading by yourself manually, learn how to better your trading skills and make money.  No such thing as a 'free lunch'.  Just my two pence.  :)

I do not trust bots, especially if I do not want to risk big amounts, if I lose as a result of my own choices I will assimilate, but I can not assimilate the bots making mistakes.

what if there was a bot with no losses?

Maybe bot is not the right word, let's call it software, and you don't have to program all the possibilities, you can use machine learning and it keeps getting better

LOL. All the trading bots make losses - and they're responsible for the wild swings in bitcoin, because they can't handle unexpected events, so they often sell at the bottom, sending the markets further down.

Think about it - if you had a bot that worked beautifully, would you licence it for $89 to others? Or use it yourself to make millions?

Trading bots are risky. If they are not risky, many people will hire bots to trade. That's why many people prefers manual trading. If bots are proven to be profitable. I should be a millionaire by now. They are expensive also. They are not worth of your money. Bots cannot give you a sure profit. Cryptocurrencies are very volatile in nature. It's not easy to predict. If you manually trade, you can understand the market movements and how it works. Of course it's not easy at first. But when you understand it, it will be easier for you to find what coins will possibly pump.

I think mostly bots need a strategy to function. It is that strategy that makes them profitable or not, so you need a good trading mind behind the bot to be profitable, and that is not easy.

However, the bot allows you to play strategies you just cannot play without the bot. For example, you can set a bot to buy and sell at the minimum profit and repeat hundred of times with a stable coin (that only goes up and down in a small %). That would not be possible with manual trading.

That's an excellent question, what if there was a group of people with a mission that surpasses just making millions? What if they were interested in bringing high ROI to everyone? What if they would love to see the value that whales and big hedge funds capture distributed to everyone?

Right Pal, Because people are attracting to get more income i would suggest that they need patience too because patience can make them more better according to other things because patience is more important.

No I dont used any bots at all, I prefer the manual way, so I can analyze and experience every trading better, I think the best way to used bots if you already expert in trading, bots can make more profit if being used properly

What if we combine software and humans together? doing this we can achieve great things that can't be achieved by humans or software separately

But you are affected by emotions, software learns with data and makes decisions even when they seem counterintuitive, and it's on the counterintuitive decisions the value is

Wouldn't you like to trade and make money without the everyday stress of seeing all the news, check the price all the time etc?