Bitcoin Forum

Are you trading on Cryptos? If so then what is the way you do? Is it better to use self created system or do you prefer automatic system? I mostly keep trading myself, but it is very challenging and if you are into the job, then it becomes impossible to focus, so automatic ways are vital.

I come across Gunbot from https://www.cryptodailytrading.com/index.php/en/, it is something that I have just started testing out and it’s awesome.

Have you used any automatic system in past or currently? If not then why or if yes then why for the system you are using.

You need to do a lot of testing before playing with real money. Instead of using automated bots you are better off trading manually. Always make sure to put stop losses and set a profit margin that you want to trade for and try to keep that amount at least double of your stop loss percentage.

But what if the automatic bot is quality one? This above thing GunBot to me is very unique and actually BETTER than manual trading. The obvious benefit is to be able to save time for other stuff while the profits can be gained. What you said is true that majority are NOT worthy because they are created by people who hardly have qualification, not that there is some certificate given, but at least experience team and all that is must.

Is there any FREE trial or anything like this?

Automatic trading with bots are good but one must have a good knowledge of tech to pull that off. Like setting up the bot and all that. If not for having other jobs, self trading is just cool as your knowledge of the market is widened and you get to know which coin is giving greater profit and which is not.

It's right for day trading. But for swing trading it can be some simpler. But lot of research required for investors, ain't? If I trade by TA I see today's FA only

I suggest everyone wanting to trade, use technical analysis, stop losses etc. be technical, don't buy or sell according to your feelings, news, pump dump groups etc.

Probably to my regret it will be bad news, if I tell you that I'm not a trader and do not understand how it's done, I'm an ordinary coin holder. which has not yet earned anything, but I know for sure that I will not just sell tokens or coins.

Yes but not very often.

I buy coins that has big market cap. I don't gamble too much with those coins that are less $1.

I don't create system nor prefer automatic system. I follow the usual method of buying at lower prices and sells at high prices. I trade manually.

It may be vital especially for people like you but I don't really prefer it.

That's one of the most popular trading bot but I haven't used it.

Try this https://tab-trader.com/ or 3commas, but everything depends on what exact functional you expect.

I do not believe in automatic systems or bots, I have used many EAs in forex trading but all failed, so i never suggest bots, just stick to your trading strategy and trade what you see putting aside the emotions.

Trade platform is always be a practical thing base on the area of trading either country currency, For example USD, EURO etc, or any other crypto currency to trade be trade on Exchange trade platform, therefore, mostly on bitcoin or any other alt-coin, need to follow the market history when is going up or down and also follow up the daily news update and that is very important to followup the current update as a good trader

Hodl. I would like to try margin trading, but I am afraid a little bit. I will do it in May, I think. We will see market growth caused by new meetings of investors.

I don't use bots for trading but I turn on notifications for coinmarketcal and others to keep me updated from current of future events/news which helps me in making decisions. 

There is no free trial, but I personally feel you should understand the quality instead of just bumping into FREE deals. I will disagree on this, I believe MOSTLY bots are created to help people who have insufficient knowledge and experience. So, I won't agree with what you said.

As per this thing "Gunbot", I believe you are not required to have greatest brain in the game to use it. If that was the case, then surely I would hide myself, but If average (brain) guy like me can pull it off, then some of people here will find it walk in the park!

I never use bots for trading and do not like those traders who use them. I have my own strategy. She worked well before the crisis. But I'm not trading now. The market is in such a state that the risk is higher than the potential profit. Now I look at the price of all coins every day and wonder how in such conditions it is possible to trade. Now receive profits only whales.

Yes, absolutely and that's why so much focus and concentration is required for it. I don't think it is even possible for anyone to think that it is possible to succeed without proper research. I personally believe that there is no way we could trade with so much time if we are doing something else.

So, that's where and why this GunBot to me is truly awesome. It is not just easy to use but WORKS!

Thank you so much for such detailed answer. I think some of your points are very good and just what one requires to do. However, I will disagree with the point of not preferring automatic system, especially IF you haven't tried this Gunbot.

The strategy (method) you just mentioned is EXACTLY followed by this bot and generating good results too. So, I will certainly recommend it to all.

Like most people, usually just hodling and hoping for the best. ;D

I think that’s like gambling. I won’t really recommend this IF the amount is anything higher than 1k. But obviously it’s everyone’s own wish whatever they might wish out on doing. I say it’s BETTER to try something that can allow you to gain good profits. I say Gunbot is just what one needs with high range of chance to gain!

I really don't fully trust trade bots because i had a bad experience with it in the past and they sometimes mess up , and on the other hand keeping track of the price changes and trying to make a trade is very hard and could be very challenging, so the best thing to do is have them both, when you are busy and not in front of your computer try trading yourself and if you are away for a few hours use a bot, and keep one thing in mind is that you always have to be wise and patient and never panic.

To me what you said is somewhat correct. We shouldn’t trust ANY trading bots like that UNLESS it proves itself. But I won’t agree IF you consider something NOT GOOD ENOUGH just because previously you had bad experience with similar thing. As there is every chance that you could miss out on something really good.

Much like you, I too had bad experience and often I curse myself for making such choice, but I feel IF I had not made the choice that I made, I would have not gained experience that I have now. So, every experience makes you BETTER.

I believe this thing GunBot is very different that you might have tried in past. But then it’s your choice only.

In cryptocurrencies, the buy and hold strategy works well. But also should account for that often movement is happening on the principle of pump and dump. So if you bought a dump, you'd be in trouble.

Do you have new ways or techniques in trading? Can you please share it with us? It would be a very big help. Thanks!

Did you try https://www.cryptodailytrading.com/index.php/en/gunbot

I think this is one of the BEST ways I have figured out for trading. I usually don't use bots at all, but this is very different from what I have previously tried or use. So, I say check it out and see how it works!

This is LOVELY! Thank you for sharing. I really love trading on Cryptos but never got the guts to do myself. I will surely try this one. It looks good! Thank you

In terms of crypto trading, you really do need to put your focus on the market every minute of your day! Short-term strategy isn't for me at least, it will not only consume a lot of time and energy, but also may drive you crazy and make some bad moves even when the market begin to turn down a little bit.

At least we have a trading strategy with good knowledge of technology to do that.
Because independent trading is just cool because your knowledge of the market is widening
and you can find out which coin gives you more profit that can give you a profit.

"Sell on green and Buy on red”. Spend only ⅓ of your money on long-term investment.

 Sry, I am not into Cryto at all

Glad it works fine for you but automated systems is come with their own dark side. It must come from an authentic source as you can lose everything earned to hackers. It demands intense knowledge into such systems before setting the margins of profit. Practically, you just need to be abreast with every information on how automated systems work if not i suggest you go manually although it is not easy.

I will try to answer from the title of your question.
In trading cryptocurrency we must have a goal so as not to be confused, because sometimes beginners especially cryptocurency Idealis often confused must collect crypto or just chase profit in selling crypto. If you have decided to become a Trader cryptocurency then sorry you have to bury your soul Idealis deeply. Remember we are here to collect money from the sale and buy not cryptocurency.
ATTENTION Cryptocurency trade is a high risk activity. The price of fluctuating cryptocurency, where prices can change significantly over time. Please use extra consideration in making a decision to buy or sell cryptocurency.

you need to be aware. if you're gonna doing bitcoin trading. because there are huge amount of hackers who always try to snatch your bitcoin.

I rely on a fundamental analysis of each coin. After that, I invest money for a long time. I believe that those ananliz in the market of cryptocurrency are simply meaningless.

Well, it is a hard question, sometimes one works, sometimes the other does. They created system is more acceptable for every time of trading, and before going to real money, you have to deal with practice account. 

to gains of notice with the moderation as appealing release from media/news from developer,
and works on technicals as referring with use of drawing on chart to measures with the indicators.

I am not a pro trading but there are some buying levels for me.
For examle if ethereum drops to 400$ this is an entry level for me. I start to buy around 400$ and look for 1200$
Also for bitcoin its around 6000 usd to start buying.