Bitcoin Forum

 :' hi guys , new here,  i would like to try trading in bitcoin but looking at reviews there seems to be a lot of crooks about , can anyone suggest a trading program that does not rip people off ( had a look at gunbotshop , they are a bit expensive for me at this time ) .
and as i know a little bit about arbitrage trading i would like to trade only using an arbitrage trading program , thanks palindon

Do you already have experience with manual trading? Because otherwise it is a waste to invest in software to make it automatically for you because the configuration will remain yours.

About an arbitrage bot I have never seen, usually those who make a bot like this do for themselves and not for sale as opportunities are disputed.

If you don't have a budget to start GunBot trading bot you can try to use the Gekko trading bot which is free and opensource.

You can download the source code from here https://github.com/askmike/gekko

For installation guide, you can follow this https://gekko.wizb.it/docs/installation/installing_gekko.html

The only difference in using GunBot they have many strategies available compared to Gekko but you can make your own strategies on Gekko the guide on making strategy is included from the link above.

For arbitrage never heard any trusted program yet.

Before trading you must have sufficient knowledge about trading I agree with you that it is better to use Gekko trading and open source for free trade and if you have enough money you can trade in Kucoin and Binance. These are very expensive and reliable places to trade Even with a closer look at the reviews I have visited the site and obviously this is an easy place to trust your money.

If you are new, then you should first take some time and learn about the basic of crypto trading. There is no magic software/program/bot which you'll run and who will trade for you and making a profit. What you want is actually intended for experienced traders, because bots are just tool that requires adjustment by humans.

I suggest you read the following thread, that can help you better understand how things work.

"HCP's ongoing experiment of the Trading Bot"™ (https://bitcointalk.org/index.php?topic=5206137.0)

wanting to use a trading bot as your first move is like wanting to join the olympics the very same day that you learned how to walk. that doesn't work like that. you have to first start small, learn how to trade. maybe even trade for at least a year and see how the market works during different trends and become more familiar with altcoin pump and dumps. then you can think about using additional tools such as trading bots. if you do anything else, you would be throwing your money away.

Alright here we go. I'm going to guess that you don't have that much knowledge in trading in the first place.

First off, if you think that bitcoin trading bots are just something you click start on once, and would make you money forever, then you're wrong. Trading bots are just tools being used by traders to automate some of the things they're doing concerning trading. Trading bots are something they customize every time to improve it, and or to adapt to certain circumstances.

Anyway, if you do know how to trade, you might want to try out open source trading bots like Gekko[1].

---

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

My friend introduce to me this website https://dropil.com its a tool for automatic trading by using their own token, I already have an account since last year and theres a lot of feature you can use like market analysis, market prediction when it comes to trading feel free to try it.