Bitcoin Forum

Economy => Trading Discussion => Topic started by: Shiru on May 11, 2021, 05:47:36 PM



Title: What are your favourite Crypto trading bots? What are you currently using?
Post by: Shiru on May 11, 2021, 05:47:36 PM
The volatility of BTC (plus of course a few other cryptos) makes it a very attractive asset for traders, this is due to the fact that enormous gains can be realized from the price swings. It is, however, very difficult for traders to generate good returns in the crypto market due to either - lack of experience, lack of enough time, emotions etc. As a result, we have seen the rise of crypto signals as one way of beating the market. We have also witnessed an increasing use of crypto trading bots.  Such bots are designed to help traders follow crypto signals and execute more precise trades.

I believe that using crypto trading bots together with other risk management tools can eliminate some of these drawbacks out of the trading strategy, making it easier for traders to execute trades based on data and trends. Well, there are many pros and cons of using trading bots, but either way, they still are be pretty profitable to use.

I have come across a wide variety of trading bots for example TrueP&L or as some people call it True PNL - a social crypto trading platform that aims at democratizing trading activities. The analytical tools and statistics available on True PNL allows investors to make more informed decisions when copying trades, while traders receive passive income from their strategies. Its professional analytical tools makes my trading pretty transparent and approachable.

In this regard, what are your favourite trading bots? What you are currently using? What would you recommend?


Title: Re: What are your favourite Crypto trading bots? What are you currently using?
Post by: NeuroticFish on May 12, 2021, 07:15:10 AM
In this regard, what are your favourite trading bots? What you are currently using? What would you recommend?

I don't use trading bots, I no longer trade.
From your post you look like you advertise a trading bot instead of asking. However, if you want to get more info, nowadays there are sites that compare trading bots so you can get an idea. One that's imho pretty good/fair is https://tradingbot.info/, you can take a look.


Title: Re: What are your favourite Crypto trading bots? What are you currently using?
Post by: Husires on May 12, 2021, 03:33:56 PM
The reason is greed, fear of losing opportunity and ignorance. Using trading bots will not change the nature of the investment if the investor is ignorant of how it works or the best ways to make profits from it.
Adding more artificial intelligence algorithms will not change the nature of the matter, money does not grow on trees and easy profit is not sustainable.


Title: Re: What are your favourite Crypto trading bots? What are you currently using?
Post by: sujonali1819 on May 12, 2021, 03:59:40 PM
I did not use any trading bot yet, Even I afraid to use it tbh. But I have seen some trending bot named GUNBOT Here you can find more details about GUNBOT and it's described 201 pages already- 🔥🔥🔥🔥🔥[GUNBOT] Trading Bot with 136 exchanges available!!!🔥🔥🔥🔥🔥
 (https://bitcointalk.org/index.php?topic=1715214.0)
Here is a big list of Trading bots by Ratimov - [BIG LIST] Crypto Trading Bots (https://bitcointalk.org/index.php?topic=5278392.msg55268254#msg55268254)


Title: Re: What are your favourite Crypto trading bots? What are you currently using?
Post by: airdata on May 12, 2021, 04:15:40 PM
Crypto Trading Bot are really helpful or not i don’t know and also i don’t know that This trading Bot is Trusted or not becouse i don’t use any trading Bot for my Crypto trading but i heard many time that Many Trader use Trading Bot for Their Trading.                   


Title: Re: What are your favourite Crypto trading bots? What are you currently using?
Post by: suryogandul on May 13, 2021, 02:33:53 PM
i am preparing to try a trading bot on kucoin, my friend saw the bot helps although it helps a little but it affects the profit. because trading bots cannot be a real profit benchmark only as an incentive for us to do more careful analysis