Bitcoin Forum

Hello, does somebody know about some trading solution that trades automatically while you sleep? Something that doesn´t require your time and skill? I used Zignaly last time, but the situation in the market changed and altcoins didn´t perform well, so my portfolio was in a loss and I decided to stop, now I am looking for something that is proven to work even the market is currently quiet.

Thanks for every suggestion!

i have seen a bunch but none of them could keep performing well since they aren't really "AI", they are just predefined scripts that perform the same action based on a bunch of conditions that were hardcoded by the  developer and since the altcoin market is extremely unpredictable they always end up "confused" and lose you a lot of money. all is needed is a simple dump or even a pump to screw with the bot completely.

Agree with the above there's no trading bot that will give you profit automatically since crypto is unpredictable.
It is just an automated script/program with trading strategies that you can only use to automate trading tasks.

Anyway, if you are looking for a list of trading bots you can check the list below

- List of Cryptocurrency Trading Bots and Exchanges with Use (https://translate.google.com/translate?sl=tl&tl=en&u=https%3A%2F%2Fbitcointalk.org%2Findex.php%3Ftopic%3D5169759.0)

For now, Gunbot is the only trading bot that has many strategies so I suggest you to check Gunbot.

Dont expect for trading bots to perform well from time to time. Market volatility is high and as said above these will make out confusion.

Bots are for automation not for generating profits for you and i do disagree that this one doesnt require skills unless if you do only just used

already set-up scripts then just simply put up and let it run.As mentioned above, among on the trading bots in the market - Gunbot is worthy to check out.

Trading bots just execute the trades with given criteria so they are not AI bots and already some threads created with the name AI bots so don't trust them.If you want to make money from trading then oearn it first,you can't make money from anything without knowing nothing.

This is like asking for a text editor that will write you bestsellers just by installing it...

Bots are tools. And like with any tool; they work as well as their operator does...

I would not say that one AI trading bot is safe than the other because that will depend on how good you understand about setting the bots, and how you can analyze the market. The trading bot will not work well if you don't know anything, or you don't have any knowledge about trading, even if you have the best AI trading bot from the famous developer.

The simple bot can work well if you know much about trading, and you can set the bot to run as what you want, and if something changes on the market, you will be able to change the setting so that the bot can run well again.

YUP! This is the point, guys! Don't think that AI bot will do all the work for you! The trading bot works based on your commands. So, if you don't know anything about the market, you can't analyze it, then the bot is useless! A lot of people misunderstood how the bot works that leads to a lot of failures and losses!

Zignaly is a good trading bot because I once tried it to help me manage my portfolios while I am away.  But in my own opinion, trading bots are not precisely can help you to make a succesful trades or make profit because Artificial Intellegence (A.I.) are not accurate in analysing the market charts, that is why it is much better to trade manually than using trading bots.

Okay guys, and any platform that works with signals that come from reputable traders? As I said I used these platforms in the past, but didn't get promising results, so I would like to get tips from guys that already using them and have profit.
Thank you!

Using a bot in trading? I'd rather make myself better in trading that use a trading bot.

Trading bot is not that effective in any situation especially if we know that the market is not that stable. Your strategies should depend on your technical analysis in the market, you are the one who are responsible for the result of your trading that's why you should not rely on a trading bot. I already used a trading bot before but I don't find it really effective when I want a huge profit in trading, it just increase more risks for me. But I suggest you to try Gekko, that's a good trading bot that you can try. Just be careful on using it and always check it so that you will not have a huge losses. Failure and losses are unpredictable in a volatile market.

Trading is risky and trading bots can make it more risky than it is. You should know more about trading before you engage to that, there are people who are using trading bot due to their laziness and that's a bad idea. If you know how trading works then it can improve how you manipulate it using trading bots with your assets. It doesn't mean that if you use trading bots, you will just leave it and the profits are there, that's not like that. Your success should start with you, you should know how to make yourself improve more and understand things in trading. That's the key essentials in having a lot of profits, learning the effectiveness of trading before using bots.

I usually don't trust AI bots. because it's all initial setup and when the market changes the algorithms will become obsolete. so there is no really good AI bot in telegram groups. Only financial corporations use trade AI bots, they invest millions of dollars into the bot so it can work properly. So you should trade with your ability, do not follow any bot.

non of bitcoin trading bots deveolped my AI, most of them follows some preidication that may make profits or loss.
Stop dreamin, guaranteed profit means a percentage as low as 10%,
there are no ways to get such profits that make you rich while you sleep.
Try to learn and develop your own script and then you can integrate it into the robot or any other trading program.

^ It can work while your sleep and continue of what you have set when it comes to buy or sell option but actually it will not work by itself just for you.
Trading bots have been popular in conventional financial markets for years and there are a bunch of them now and only all I know is Gunbot and 3commas.
I suggest not relying on the algorithm of the trading because probably the bot is not coded or tested properly especially a newly launched bot that maybe have an error or maybe critical bugs that probably cause of losses your fund. Another is, be careful of using API on your trading bot that allows you to execute directly on an exchange, this probably turns out you into a scam. Nevertheless, manual trading is totally safe, no need to be greedy, and that is not the reason why you don't have rest.

Bots will work if you know how to set up it's parameters, of course, bots are going to trade if you run it in VPS 24x7, but still base on your trading 'skills'. As far as the list, someone already posted it, every bots has its own strengths pros and cons, read and see what fits your need. But to say that it's going to make you money automatically is wrong mindset though.

You can expect same kind of performance from all available trading bots regardless of they are being claimed with AI based or highly tested under all types of market fluctuation or proven successful tracks for last 5 years or anything similar to that. All are just the traps to make you buy them but no bot could withstand against all market volatility as bots are just few strategies based codes and they may get failed like how we do trade.

Probably you must need to code a bot as per your requirements. Just think about if anything available for getting you money all 24 hours without the need of your supervising then how many people  like you will buy such bot and start using them then who will lose so that you will get profits? All bots are subject to get failed. It is a rule of nature and rule of trading. Someone (or many) lose(s) at another end to get you profits at one particular trade.

If you do not get promising results, perhaps, that is because the market conditions do not run as what the guide says, so that makes you confused about how to set the bots to run based on the market movements. The main brain for the bot is you, and only you will know when the bot should moves. So if you don't know how to analyze, then you can not set the bot properly. I suggest you learn trading by yourself and don't use the bot for some time so that you can test your skills, and who knows, the result will be better than when you use the bot. But you can visit Gunbot (https://bitcointalk.org/index.php?topic=1715214.0) thread to know more about the bot.


He can use the bot if he can watch the bot running, but he still needs to have skills to understand how to use the bot. The most important is not how to set the bot, but how we can analyze the market, and we can apply the analysis to the bot, so we can get the right time to trade and make a profit.

You getting profit from the signals totally depends upon many factors, whether that coin is prepumped or not, are you fast enough to trade that coin, are you holding that coin even after the peak of the pump. Many people who provide signals always buys first or do whatever is told in the signal first and then sell it to general public and this always guarantee profit to those people who are providing the signals other people are the ones on whom they are dumping their coins that those managers brought a long time ago.

There are some premium signals that also offer auto trader, it's kinda a bot but is controlled by a trader or owner of the premium signal group.
It's just like you are giving him access to do trades in your trading account.

E.g. in Bitmex, you gonna give your API key to one the premium signal you subscribed and once they want to do trade, they will execute the trade, and all subscribed account to there, will also able to open trade position on their account.

I think this is much better, but the cost of subscription fee is kinda huge.

Rightly said @AniviaBtc trading bots are not my thing especially when it comes to trading. I understand that people want quick money but in my opinion I'd rather carry the responsibility of loss myself rather than a bot which could much quickly lead to a loss.

Unlike a human the bots at the moment only train and recognise certain parameters, they're not adaptable and trading is all about adaptability.

Is this really safe if we subscribe to that premium signal you've said?

AFAIK, there's a risk of giving an API key to the third party such as AI bot. There might the chances of being hacks or scam when you wake up all your fund's suddenly disappeared because you already scammed with them, that was the most I afraid when we use AI bot in trading.

That's correct though, trading AI bot tool in your trading activity will not help you to improve your skills, this is I guess make you lazy because you depend on the bot, not on your own skills.

First of all I would like to make it clear that there is no "AI" bot right now in the market, when we are talking about artificial intelligence there are tons of people who think there are robots who can think for themselves and question themselves etc etc, like actual critical thinking humans are capable of.

Right now that technology doesn't exist at all, you won't see a robot that questions its existence and get out of the parameters that is given to them.

However we have what we call "machine learning" which you give certain tasks and limitations to a bot which perfects itself using those parameters to do that task without going outside of these limits. And considering it is a human that gives that task and a human that puts those limitations, and codes that bot, it is safe to say there is none that could ever be as good as a good trader.

Not as "good", no. But a lot quicker and more productive? Sure.

It is a tool. And like all tools it can help. But it is as good as it's operator is (or else, as always: BIBO).

But a skilled tradesman with tools is still more productive than one without tools...

I have a better option for you. NexFolio AI crypto trading bot.

It is an Artificial Intelligence-based all-in-one crypto platform where traders and investors can benefit from various services like crypto trading and earning - all with a single account.

You can subscribe to any number of bots and configure them to trade even while you're asleep. The bot uses excellent trading signals to provide maximum profits.

Nexfolio  has many unique features and benefits like editable stop-loss values in active trading, AI-powered trading, premium signals, bot marketplace, and flexible hold & earn options.

Bots cannot come without risks hence you are looking for something which is completely contradicted to itself. You must need to accept risks involved if you are going for bot based trading. I read there are lots of people here are already into bot based training but the results are not having any big differences from manual trading. Probably they might be saving some of their screen time but other than that there will be no big differences in profit ratio.

You're looking for something that doesn't really exist, you can find many scripts out there that can trade for you, but at least to me it seems that you are looking for those solutions because you cannot trade on your own and if you cannot do that then how can you expect to know if a script is any good, in my opinion you have it backwards first you need to learn how to trade on your own and become profitable and then and only then you can create your own script that trades the markets automatically for you.

I believe we are experiencing a long term secular bull market. That means the best result will be achieved if you set up a long position and consider this risk management software (https://panxora.io/panxora-labs/treasury-management-service/) It is designed to look for stresses in the market and heightened volatility. When it senses high volatility and the likelihood of the market having a drawdown it hedges your position in fiat. Then when the market stabilizes, the software removes the hedge moving your position back into crypto, most frequently at a better price.
There are about 40 markets this software work on.
You need a bit of patience, but panxora has been trading using this software since 2017 and has achieved very good results in both bull and bear cycles.

Well because the fact is that a bot will not work without your command and that is only a bot that needs a human setup -- it will not work alone and decide alone. There is a risk when you are setting the bot when it will execute in trading. AI trading bots are the perfect tool in trading in most active trading but don't have much time, because this automated trading bot will work on behalf of you even while you sleep but as I said earlier, it needs to be set up first. Speaking of risk, that belongs to your trading activity which is trading is known us risk, not the bot itself.

I don't think that there are the safest trading bots. There will be some weakness of them and maybe not secure enough. And if we are asking for at least the secure trading bot, it may need to pay. However, until now, I am not finding out the kind of good AI trading bots that suit.

I would suggest you zignaly which is best one. And i can say trading bots can be productive given you've got the mastery to arrange it well so that it can utilize exchanging openings to its advantage and surrender tall benefits. Whereas there are numerous crypto trading bots within the advertise simply might attempt utilizing, not all are solid or proficient.

And it is very easy to see why this is the case, trading bots mostly have two options, they give you the option to either use a strategy that is already present in the bot or you can code the bot to perform a strategy of your own, the first option has the problem that everyone is using this particular setting and with enough users of that trading bot that means that the strategy is going to become less and less profitable, and the problem with the second is that you need a successful trading strategy and then the ability to put that into code, which begs the question of why you bought the trading bot in the first place?

When you are referring to something you need to be more clear. After doing google I found Cleo one (https://cleo.one) Website. Today first hearing about this website. now looking for more information...

How long you are using Cleo one trading bot? How many strategies have you tried till now, they are profitable or not? Do they have any Announcement thread in this forum? It would be good if you share your experience with us. I have visited their Twitter and Facebook pages, it seems that they are very new. However, I will check this site and update my post.

I totally agree with you. There's no trading bot that can actually make accurate predictions all of the time. Just like you mentioned, only a simple pump or dump is needed to screw up the bot.
Besides, I do believe that a person who doesn't want to go through the labour of acquiring the necessary skills and knowledge for trading shouldn't have the privilege to trade. If you want to make profits trading, then it means that you should take the necessary time out and learn what trading actually means and how to trade profitably.

yup trading bots will perform only what program it has..So for that reason there's a high possibility as well that it will lead you to losses instead of quick profits once market suddenly change performance.. For me yes it's always good to take the responsibility wherein even you need time for it, at least you can assure that your money safe at the same time unlike bots that you can gain quick profits without doing anything but the losses is too high also if you made mistakes and you forgot to manage it..

I do not know if you have heard of a bot called Morphina, so far the one that sounds the most in some telegram groups is that, apparently that bot gives analysis and why it has to make a bullish or bearish movement, the truth is I only interacted only once and it didn't seem bad to me, besides that it is free, but the limitation is that I believe that it must be subscribed to a telegram group so that it can respond to you and everything that is written because other people read it. Apparently it is from IA And it gives you the live statistics that are happening in the market, I may now have much more information, about 3 months ago I tried it and it gave me very good answers.

That's why I prefer manual trading, because there is no 100% guarantee of making profits using trading bots. Even some of the trading bots that
I use, only make me lose the capital I have quickly. I agree with you, all trading bots must have weaknesses, so think again if we want to use
trading bots. And don't ever think using trading bots will give us automatic profit, it all depends on the strategy settings on the trading bots.

I am using a lot of trading bots nowadays and most of them are suitable for me. If you know how to use it Than it will work for you nicely. They designed the bot, as a user you need to set up the parameter. however, Nowadays most of the exchanges offering free bots, Kucoin is one of them. Binance also offering a Grid trading bot(futures).
I found a thread in this forum about Crypto trading bots, From here you can know about various bots: https://bitcointalk.org/index.php?topic=5278392.0