Bitcoin Forum

Economy => Trading Discussion => Topic started by: fifi0547 on October 01, 2022, 12:26:54 PM



Title: Crypto trading bot
Post by: fifi0547 on October 01, 2022, 12:26:54 PM
Hey!

For anyone who wants to know more about crypto trading robots in general, I wanted to share with you this French blog that is really good: https://robotscrypto.fr/ !

Thanks


Title: Re: Crypto trading bot
Post by: Strongkored on October 01, 2022, 04:16:33 PM
Isn't it the same with this thread? https://bitcointalk.org/index.php?topic=5415400.msg61033108#msg61033108
it would be better to post it in the French thread according to the language in the blog you mentioned https://bitcointalk.org/index.php?board=13.0
I don't use bots in trading, manually directly on the exchange website it's simpler


Title: Re: Crypto trading bot
Post by: alik111 on October 01, 2022, 04:19:48 PM
Hey!

For anyone who wants to know more about crypto trading robots in general, I wanted to share with you this French blog that is really good: https://robotscrypto.fr/ !

Thanks
You can share in details through this forum website.That will help us more. Again I don't think using trading bot is a good idea at all. We should trade manually and grab our profits.


Title: Re: Crypto trading bot
Post by: Tytanowy Janusz on October 02, 2022, 06:36:10 AM
Again I don't think using trading bot is a good idea at all. We should trade manually and grab our profits.

Means you know nothing about algo trading. Any strategy you can think of can be coded and executed 1000 times faster and 10 times better than any human can do. If you trading strategy is buy after resistance break with volume and daily close above, with RSI at XXX, MACD at XXX and FIB at XXX ... its like 20 lines of code and bot will scan all trading pairs, you want it to scan, 24/7, check buy/sell criteria and trade for you or just allert you.

Not even talking about arbitrage, triangular arbitrage, market making bots that are earning continuously with little to zero risk.


Title: Re: Crypto trading bot
Post by: Hamza2424 on October 03, 2022, 07:57:04 AM
Crypto trading bots well it seems similar to the Grid Bot trading thats very true these bots helps alot in the situationa like we are going through the Consolidation zone or side ways movement but thats a point to in the heavy fluctuating market these bots doesn't perform well by luck. Grid bot trading is helpful for the Long term trading as it maintain the Average Buying price for the Trades.


Title: Re: Crypto trading bot
Post by: Tytanowy Janusz on October 06, 2022, 06:56:52 AM
Trading bots needs constant reviews otherwise it will just be like an advanced gambling tool in the hands of a trader. It can trade a 1000X faster but it only works based on how it was programmed and when the market gets complex or outside the model it was trained with it makes silly preds. Bots are nice when a trader uses them as a complementary too and not as an automated signal generator

It depends on what type of bot we are talking. Arbitrage/triangular arbitrage/marketmakers bots can trade 24/7 almost without a human. And even if we are talking about a regular bot that tries to do what humans are (investing long/medium/short term) its still much better. Of course its not a tool that you buy and run and it will generate cash for you. You need to know what you are doing but I'm far from this:

Again I don't think using trading bot is a good idea at all. We should trade manually and grab our profits.



Title: Re: Crypto trading bot
Post by: maydna on October 06, 2022, 03:03:26 PM
If you are the owner of the bot or the site, I suggest you add English so your visitors from other countries can read it and understand what you offer. Although we can use Google Translate, it will be better if you add the English language since that can ease people to know more.

But I don't use a bot to trade because I think that will not work for me. I prefer to trade manually, try to analyze by myself, and learn something from the analysis.