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Hello I have read so many articles about trading bots, which trading bot do you recommend for a newbies and also for an advance users ?

If you're a beginner: No, I don't think trading bots are really recommended at all. Probably try focusing on your manual trades first.

If your an advanced user: Open-source trading bots such as Gekko[1] exist, whereas you can freely configure the software and implement in your strategies and indicators.

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[1] https://gekko.wizb.it/

It says " This project is not maintained anymore. " do you recommend one using a trading bot which is no longer maintain, if so let me know.

Also I will love to know of other trading bots which are good as well.

Yep, but it's open source so you can tinker it to your liking if you know how to.

P.S. If you're looking for a trading bot that you're literally just going to turn on and that it will simply make you money non-stop, then such thing doesn't exist. There are existing trading bots that do all the trading for you, but in the end, it's highly likely that you will be losing money.

There's no such thing as trading bots for newbies or beginners, at least you should have a grasp on how trading works. Bots will not function as design if you don't know how to set the parameters to make money for you. And that is the problem with newbie traders, they thought that bots are going to make money for them automatically, while they sleep, 24x7, that is a wrong notion.

On those trading bot articles you've read, have you find something that makes you more interested in trading?
Well, I suggest you to the Gunbot (I'm not connected with this) its easy to use and to understand, just do your part to read everything about Gunbot before you start trading.

There's a default setting on BOT and if you are not familiar with the indicators you can choose that default setting and let the BOT trade for you. Though, Newbies still need to study trading and how it works, using a BOT in trading can still a big help for you.

You can also try Zenbot[1]. I used them once to play around, it's cool and good enough as long as you know how to set up your strategy. You can also do some backtesting to tray it first before integrating with your exchange account.

[1] https://github.com/DeviaVir/zenbot

shit, thanks a lot man you are the best.

Thanks very much. it looks like Gunbot is not open source and it ask for payment, I will check on it as well. Really love their interface, I will definitely check on that.

Wow Zenbot is an open source, thanks very much.

I was also looking it by then and created this TOPIC (https://bitcointalk.org/index.php?topic=5265351.0)
 to ask how bots can be of good help to become more profitable and work for us after setting it up. However, I was disappointed to know that Bots can't just provide what we wanted to be and can't rely on it to have a reliable positive output.

Maybe they are right and maybe I was hopeless then to have Bots that will work good (or at least). But I hope that you can look for it the same thing I do. And I believe that this innovative trading strategy will work great in the future, we only need time for it to completely develop into near perfection. That is why I will never to recommend something for you coz until now, I'd never find it.

Anyway, I hope this could help. https://tradingstrategyguides.com/crypto-trading-bot/

You may lose some money when you want to start with it without developing a strategy.
start with zero risk Trading Simulators and then choose your trading bot

https://cryptoparrot.com/: take advantage of our free simulated crypto exchange without risking your capital.
https://bitcoinflip.app/: free bitcoin simulator and cryptocurrency trading game for beginners in the trading world.

then any trading bot will make you making profits.

There are a lot of different bots out there, you have to check the best one that would suit your needs. A trading bot would help you trade 24/7 but you would still input different parameters that would be up to your area of strategy.

It's not going to be an easy road if you are going to buy Gunbot but the support between users, developers, technical supports, have each other, and helping each other learn with different settings. There are a lot of features that Gunbot has that might be interesting to new traders and help them assess different ways to buy into the market and more. If you are interested in getting one, I would be glad to assist you there as well. Visit https://gunbot.ph for info

I actually had a bumped on a trading bot called Bitcoin Revolution.
The bot is backed up by well known and very trusted personalities like Bill Gates.
Check that one out.

Most of the Trading bots will just cost you to lose your money.
But if you can find trading bots that are well built, and are programmed to analyze the market through different tools, that should be good.
The most rational bot should be your best choice.

Be careful.

Probably the best bot is the one you can code on your own, many bots come with preconfigured strategies and while they give you the option of customization very few do it as they see bot trading as a way to make money with no effort, if you can code your own bot then you can be completely sure there is no hidden code stealing your strategy or that can potential steal your funds, but what if you cannot code your own bot? Then you should trade manually in my opinion.

I use CryperBot. Profit over 40% per month :)

I think it is better not to use bots for newcomers. They usually use bots to earn more with less effort and more at risk later. I don't use bots, they can't give the right technique and input. Therefore, it would be better to trade by doing market research yourself than the bot's recommendation. This will increase your knowledge and you can learn a lot about the market. As easy as it is to make money with bots, they are at a loss because they do not understand all the information on the market.

There are some cryptocurrencies that might be good. I’m saying this based on the information I have been able to gather from people that have used it. Although I have been some people in this bitcointalk.org forum saying that when lots of people starts making use of a particular bot, the level of performance depreciates and it won’t be as good as it used to be at first. I don’t know that for sure.

Anyway, here are some bots you might want to try out, oh and first you need to understand that there are different types of bots and using bots doesn’t mean that you will be hundred percent hands off from trading. That’s why you will have to study this. You can check out 3Commas, Napbots, Hodlbot, and Haasononline. But man I will advise you to do proper research, I can’t explain all these things.

What guarantee is it that it will go property especially when it is going to go through the traders strategy and indicator? In percentage, what do you think can be represented in performance.

It's difficult, as what majority knows that using trading bot is not 100% guarantee, but if you will get use to it and your configuration on the bot is better as you continue to use it, then it your winning rate could increase. But using such as open-source trading bots are somehow useful compare to some trading bots that asking for a payment but the difference of it in the open-sourced trading bot is almost the same.

Most of these expensive trading bots are not worth buying if you will not optimize the use of it. So using the open-source is the best one when you are starting to learn about the tricks. It is still on the trader how can you maximize the potential of the trading bot. However, on my side, I still do manual trading so I know what's really going on with the particular coin. But some who have no extra time opt for trading bots. And if you're one of them, you can try first their free package before moving on to their premium package.

The below sites will give you idea of free crypto trading bots and  the best paid ones.

https://tokentax.co/blog/best-crypto-trading-bot/
https://cryptotrader.tax/blog/the-best-open-source-and-free-crypto-trading-bots

Gunbot. Gunbot. Gunbot.

It is a newbie friendly trading bot and is easy to access so you will not have a problem once you know how to use it. You can set parameters here that you prefer or you want in order to sell and make transactions effectively. As it has a stop-loss, this platform can guarantee you to earn the maximum profit that it can give to you. This is full automated, you just need to manage how it will work, how it will become more effective as it works your transactions. Goodluck on choosing a trading bot that you prefer to use in your assets.

I don't recommend newbie using trading bot because they don't know how trading works. Besides that, the newbie needs familiarize themselves with the market situations and conditions, and they need to learn about manual trading until they understand how to analyze the coin. They need time to know the analysis, the indicator, and predicting the trend (although it is difficult to know where the trend will go). If they already know about the trading itself, they need to learn how to set the bot to work with the market. I am afraid that they need to always connect to the bot anywhere and anywhere they are because the crypto market will always change.

If you want to use a bot, the most recommended bot will have paid services because the developer still adds new features to the bot and give a minor and major update, so you only waste your money to pay the bot if you don't know how to trade. I know a few bots, such as Gunbot and CAT, but that bot needs to pay a one-time fee.

Actually I really do not recommend using a trading bot, especially for a newbie. Don't think using a good trading bot,
we automatically can earning profit. Trading bot is only for traders who already have advanced capabilities, because
it needs to be done settings for the bot that we use. If you are not careful using a trading bot you can lose money and
trading capital you have can be used up. Of all the trading bots that I have tried, only CryptoHopper and Gunbot are
recommended for use.

Newbies do not really understand this, they believe a bot is a tool that makes profits on its own, the only legitimate reason for someone to use a bot is if they are already a profitable trader and they have a system that is simple enough for a computer to use and it will be more effective in the hands of a computer thanks to their ability to trade the markets without rest, not only this will increase your profits it will also reduce your workload and you will be able to earn money while sleeping which I think is the dream of many here.

Lets put up some link https://www.gunbot.com/ .

Im not really into Bot trading but basing of in experience then this one would be a better choice among other bots that do exist out there.Yes, its a noob friendly one yet knowing just the basics
would really be enough.

but it is always better that you do know on how to trade up manually so that you would have idea on how to make up tweaks into your bot or simply you do really have the
idea on what you are doing.

I can vouch for this trading bot and there are few reputed members here promoting this trading bot.

There's nothing wrong with using a trading bot if you can afford on this tool, it's quite expensive for me to purchase this tool even though I like to use it but for now, I prefer to use manual in trading. Just a few tips, if you are a newbie in trading, I will not suggest you use a bot because this automated trading tool will not work on its own. O course it needs your command to execute the bot properly and correctly.

For expert in trading then they don't have time to monitor the market, I would say, this might a good tool for them.

Your statement is correct since bot are designed to be useful when the trader itself understand
the market behaviors, it's not a exact money making tools
But rather a system that helps you lessen your time monitoring your trading positions, newbies
that don't have actual trading experienced
should think twice before using bot, once they wrongly configured the system, it will risk their
investment, and chances to lose everything  is very high.

Undeniably free sweets can only be found in a mousetrap. But it seemed to me that the trading bot does most of the work to make money with cryptocurrency, and this explains the high cost of this software. But if a trader paid for a trading bot and at the same time has to perform certain functions himself, then what is the use of this software?

A beginner what to use a trading bot just feel tired to make their trade?. I think this is not a good idea.

If you are a newbie into the world of trading it's better to make a background check what is trading first I guess you just hear the term trading to someone because they are earning a lot of money right there.

Better to study the concept of trading because this is not easy, also you will know the process how it works to avoid getting scam with those trading bots we would like to make sure this is safe right now there are a lot of bots instead of giving you a profit they are losing all of your funds.

Some of the trading bots I know are already given by the other members so just check it out the trade at your own risk.

The real gunbot website is gunthy.org, I do not know who owns gunbot.com but thats not the owner himself, owner is Gunthar De Niro and his telegram is @GuntharDeNiro , so if you want to speak to the owner you can speak there. Gunbot.com is probably an affiliate who took that name in order to look more professional and can sell a lot more, but in reality gunthy is an .org and not a .com and that is why gunbot.com is not the real website.

You can check a million websites that sells gunbot there is gunbot.io there is buygunbot.com there is thecryptobot.com there is gunbot.vip there is a ton, and I know gunbot.com looks like a real deal, in reality it is totally not, the real deal is gunthy.org and you can ask the owner about it and he will confirm. It is an amazing bot and I would totally suggest everyone to use it.

I don't know how trading bot can be recommended. Maybe for fun but definetely not for real trading. I don't trust bots at all and I don't think they can help in making profit. They can't replace human touch and all knowledge, experiences and decision making.
Bots are especialy not recommended for newbies that don't have trading experience and don't know how it's actually functioning. There is no easy way to make the money and bots will not do.your job.

For newbies, don't use trading bots yet. Use the time you have as a newbie to learn trading basics and stuff. You don't want to use a bot without any knowledge about trading right?

For advanced users, any bot will do as long as you know how to use it and they are popular in the community.

Since you read many articles already about these bots, I think you encounter some of the popular trading bots. by now. Read their characteristics to determined what you think is the best for you.

Gunbot is sold thru Resellers, Guthy.org does not sell licenses, all those sites you mentioned are Official Gunbot Resellers and pretty soon you will see more, since every Gunbot Owner can become a reseller, a new site will be updated soon with a resellers page for buyers to verify and choose any particular reseller.

The price is the same for all, the choice of reseller is yours, some offer extra support or a different language.

You can read more about the new developments here: https://viraltrading.org/gunthy-exchange-gunbot-school-resellers-program/

Im also part of the new resellers program, so you can ask me if you have any more questions.

Hope it helps.

Hello there, You can try Cryptohopper. It is a great tool that allows you to automate your trading. I believe it suits all whether you're newbie or advance users. They have more than 200k users and still counting. They offer free trial for 7 days and they have papertrading feature which allows you to trade automated without any risks involved. Here is the link
 https://www.cryptohopper.com/

I don't think trading bots will be good for everyone because if you can't operate a trading bot you will have to face a lot of losses as opposed to profit. If you do not have the skills to operate a trading bot, you will experience many problems when it comes to operating a trading bot but if you have already made a prediction, it will be a good thing for you.

It's really frustrating when you are manually placing buy and sell orders on price changes. All I need is automation on placing buy and sell order according to price. Gekko is nice but it doesn't support binance. I am now trying cryptohopper as many people did recommend it but still struggling to know how it exactly works.

Feel free to take a look at https://wolfbot.org/
There is an open source github version and a cloud version.

Disclaimer: I am the author

As a newbie , I think if you don’t how to trade without bots you still wouldn’t know how to trade with bots, because you’re still going to set the bots up perfectly for them to be able to get you some profits. So, I will say that the best thing you have to do is to learn how to trade and after you have learnt that and also how you create your strategy to trade, you can then look into bots to make things easier. Mostly what these bots are going to be doing is to be handling repeated activities (activities you are doing repeatedly can be automated using these bots). They will just help to ease you of some stress.


Reseller program will be good but I wonder how actual owners will continuously make money; only with new version?


Why not those re-sellers not provide cheaper prices? Why I need to go for a reseller rather than buying from the actual developers (I wonder how resellers are able to provide extra support than actual business people).

You make money by trading, how else :) If a new version is out all you have to do is update, that's the beauty of: One Time Payment, Lifetime License, and FREE Updates.

There is also new add-ons like bitRage, Marketmaker that you can gain access by just buying more gunthy tokens, or Free stuff like ready-made configs, paid and free, on the gunthy marketplace.


The prices are set by Gunthar, there is nothing we can do about it. The idea is to let the developers develop and the sellers sale. With the old model Resellers had to give support and again lots of marketing time wasted in customer service, if you know what I mean, but with this new model the company will provide the Gunbot School to teach and learn and a professional helpdesk ticket system, I believe is the way to go in order to keep growing...

And last but not least you can even sell your Gunbot in a second hand market if you decide is not for you.

So between the One time payment deal and the ability to sellback your license I think it just makes sense to give Gunbot a shot

Actually it is not recommend for newbies to use trading bots, how can you fully understand trading of cryptocurrencies if you will rely to the trading bots only. There is consequences about it because for sure you will become dependable on using it and it may lead to not able develop and polish your skills in trading.

I recommend if you will focus on manual trading or what they called trading by yourself. Most of the professionals are not using any bots so basically they doing manueal trading because it is more good than trading bots because it us just a waste of money and time. I do not say that you cannot earn from using trading bots but there are a lot of traders who are losing because of it so be careful if you plan to use it.

Still, there are a lot of people or newbies want to make a trade with their bots because they think it's easier to earn money without nothing that's the concept right now they think the trading is one of the easiest like a common term or called as "easy money or ez money" still I highly recommend to the newbies that take time to study the world of trading.

Before I was starting into the world of trading is I need to take a lot of time first knowledge about the market movement and next what are the next reading of the graph.

There are a lot of newbie learners some of them are more on the actual trading and just realize what are things they need to do, but I think it's quite problematic because looks like you need an investment fee.

Next is the person who is reading a lot of books and guides they watch and apply for their trades those are the play safe player mostly.

If you are a newbie, don't use trading bots first, because newbies need to learn a lot about trading.
Manual trading is the best choice for newbies, but if you are an advanced user you can use a trading bot.
There are several recommended trading bots for advanced users. Like Cryptohopper, 3Commas and Shrimpy.
Keep in mind that automated crypto trading doesn't guarantee you can always be profitable when trading.

Exactly, a newbie that doesn't know how to trade will probably make a lot of mistakes at the beginning of his career and it is important that a newbie makes those mistakes himself so he can learn from the experience, a bot is not going to learn anything from the experience and if anything its ability to trade without rest is going to be something that plays against you and not for you as it loses money way more rapidly than you would as a newbie trader.

Manual trading is better than automated trading. That is why it is not recommended for newbies to used this kind of tool in trading because they will not learn how to analyze the charts and how to trade properly that they will only depend on the trading bots. Trading bots will definitely not help you to make a successful trades, but it will help you to manage your portfolio while you are away because trading bots are automated computer program that will help you buy and sell in a right time.

Thanks very much man, your response was very helpful.

thanks very much, will definitely check the site and do some free risk trading.

I definitely agree that newbies should not use bots because without knowing how to trade first the bot itself will not be useful at all. Manual or automatic is not really that much different in the setup stage of it. Such as if you want to buy at a certain place because of a reason, you do that with the bot and you do that yourself as well, you setup your bot to do the same thing you yourself personally would do.

Hence I think first newbies should learn more about how to trade and if they know how to trade themselves that means they could use the bot a lot better as well. Without knowing anything about trading, they would just do whatever the bot is telling them to do and that means going into trading blindfolded and that is why they will fail and lose money.

I think it is quite ironic don't you think? Newbies that do not know anything about the market cannot really use bots to their full potential but if you learn to trade by yourself then you don't really have a lot of need for a bot, the only aspect in which bots are way better than humans is on their ability to trade the markets without rest and without making any mistakes, and those two features can only be appreciated by expert traders that know what they are doing.

Bots cannot make you rich in trading, do not be part of the people who thinks bot is the key to make a gain in trading. That kind of thinking is dangerous because there is high chance where you can lose your capital by depending on bots only. What I recommend to many traders out there is to learn manual trading because it is really the key to become a successful trader. Actually, you cannot call your self as a trader if you will just depend on trading bots. Trading with the use of your own knowledge and skills can help you to succeed in trading.

Check my topic here: https://bitcointalk.org/index.php?topic=5260845.0
I share the results and experience with cloud-based trading bot solutions.

I know it is sold from resellers, but if you check the message I am replying to which was carlfebz2 who said "let's put up some link" and put up gunbot.com which is a resellers. You can go to gunthy.org and find the resellers there and you could talk to gunthar himself if you want to, do you think gunthar doesn't sell at all? He does sell himself if you ask to him as well and nark and ex would help you with the support as well, they are official support of gunthar, at least they were when last I checked. Which is why I think it is crucially important that people should know which website is reseller and which website is the original.

Go buy from any reseller you want, but know that you are buying from a reseller, what carl did was looked like gunbot.com was the OG website and I just wanted to clear that up, the original website is gunthy.org

Trading using a bot is still is in our control, it is not just like we think that it trades automatically without our hands. It will only run for trading after we set up and I don't think newbie has the knowledge to perform it.

It somehow is not a big issue here, there are a lot of unreliable sources of trading bots that could possibly make you a victim to this. If you can find a legit trading bot, maybe it is good to try as a learning experience but not really a thing we need to rely upon instead of having our hands and minds to work on it manually.

^ I think you are not really serious in trading because if you are serious you will not prefer to learn about trading bots especially for a newbie maybe? I had rather go ride with traders Invest a decent amount of money and wait for the return of investment rather than using a bot and even tho you are gonna use trading bot, you will be checking from time to time for sure? if you want easy money I had rather recommend gambling, sports gambling you just need to analyze.

The point is that everybody buys from a reseller, yes Nark and Exquitas are also Official Resellers and Gunthy Staff, but they offer the same price as any other reseller.

Gunthar doesn't have time to sell, think of askin Bill Gates to sell you Windows, if you contact him he prolly send you to a reseller :)

If you look closely you realize that shop.gunthy.org is a subdomain of gunthy.org and managed by Exquitas if you check his old reseller site Gunthy.io you will get redirected to shop.gunthy.org, so, No Gunthy.org do not sell gunbot, gunbot is sold thru resellers but every reseller can offer you personal help in your native language or any extra help or offer

Same as Pim is a core developer the wiki writer and the owner of Gunbot.com is not going to get more official than that :)

Every new client, from any reseller will have access to the new Gunbot Shool and the New Ticket System, so the main responsibility of the reseller will be taking care off by Gunthy LTD

If any particular reseller chooses to give you an extra $100 rebate, help you extra with bitRage/Market Maker or speak Spanish/Arabic/Russian, then you got a reason to buy from him/her, but the main prices are the same across the board.

Here is the New List of Official Resellers that you will see soon on the thew Gunthy site:

https://i.imgur.com/81yoaoi.png

That list will be updated as new Resellers join the program. (If you're a Gunbot Owner You too can be part of it)

Just want to clarify on the new Gunthy business model. Hope it Helps