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I agree with review situation. Someone needs to start using it and explain to us what kind of result they got before anyone would consider to use it, and that's the dilemma of a new project. Because nobody wants to risk their money until someone else does, but if everyone stays away until they see results then that means we will get nothing.
Plus, you can't have some newbie account to test it neither, because it would be suspicious, so we would want like some legendary account or some hero member that has been active to test it and see if it works. If that would work then we are going to see if it's working. Then, and only then, if that person says it's profitable, we will see more people join and then more and more as long as it keeps making profit to people mostly.
I’ve been thinking a lot about the points you raised, and I really take the community’s feedback to heart. I completely understand the dilemma - nobody wants to risk their money. That’s why I’m actively working on launching a free trial, which will allow people to try the platform without risk. |
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But eventually you found you have created something that has already existed on the market for a long time.
Thanks for the honest take. I’m not claiming to have reinvented the wheel. What I wanted to do with Psyll was create something simple, transparent and safe for everyday users, even without trading background. Before building Psyll, I actually tried many existing platforms, but I always ran into limitations that made me feel there was room for something better. The best I found and tested were: - Pionex - profits from the bots were small or sometimes none at all, plus you have to actually deposit your funds directly with Pionex, which I never felt comfortable with
- 3commas - very powerful, but in my opinion too complex for beginners. It’s a great tool for advanced programmers who want to plug in their own strategies and custom software, but not very beginner-friendly.
- Tradesanta - strategy building is based mostly on basic indicators.
. What similar services do you know? I’d be happy to take a look, since part of my goal is always to learn and improve. Over the years, I honestly haven’t come across anything quite like Psyll, which is why I kept pushing forward with it. If the system doesn't work properly, then you might lose from the trading as well.
Yes, but that’s more of a “what if” scenario. Any kind of trading and every position opened carries that risk. I think this applies to everything. If I were to think like that, how would I open positions on the exchange app? It sometimes freezes, working bad etc. But I don't have any lack of confidence in it. |
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I do not even see what will motivate me to put money in that platform because I have seen lots of such systems failing and causing people unimaginable losses. trading is better done a lone so that someone can take full responsibility of the trade.
If you enjoy trading independently and are profitable, then of course - why use bots? There's no point. I think the difference between this and other bots is fundamental. I don't touch people's money. With other bots, you have to transfer funds or connect a smart contract directly to the wallet. If someone isn't familiar with smart contracts and doesn't review the code, they don't really know what they're signing. You can disable the bot at any time At best, these auto trading will work for sometimes before they start malfunctioning and draining people money.
I think the fact that something will fail or break over time doesn't apply to crypto projects only - applies to every startup about money. But, we all know well that there is a lot of scam in crypto, you right. I try my best to do it right. Thanks for your reply |
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you can use the user's account to open an order at a bad price, and your account to sell, thereby zeroing the user's balance and getting a profit for yourself. Don't you know that?
So, your concern is that the signals might appear correctly on the website, but either won’t be reflected in the user’s account or could be executed incorrectly? or do you think i will turn back to users and set bots to trade badly? Why would it? I don't understand what profit I could get from this |
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Thanks again to everyone for their feedback. I've changed the website a bit and I think it will add more transparency. What I managed to do: - Now everyone can see live trades on bots pages - they're 100% public for all bot.
- There's also a trading log showing all historical transactions without pro, so all history of bot including ongoing trades.
What else could I do? Free trials for sure - thats for tomorrow. As you can see here live now https://psyll.com/en/trading-bots/aptos-gravity, I don't hide any bad moves. But im sure about bots - he will do it nicely  screenshot:  |
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It should be remembered that having a key with trading rights, can easily wipe out exchange balance.
How could keys with trading-only rights for a selected asset ever wipe an account? There are no withdrawal or transfer permissions. The absolute worst-case scenario is that the bot execute bad trades - but even then, you can simply delete your API keys from the exchange and that’s the end of story. Your funds always remain on the exchange. In my opinion, even if I wanted to do something malicious, it would be technically impossible. |
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Thanks, I thought that you'll never come back. Because there have been a lot of services like yours that have been posted here once and the OP/creator of it never came back anymore. Well, this can make your service known if you're conversing and active on this thread but don't expect that many will believe you at first. Also, don't post each of your reply. You have to merge them all on a single post. A mod might do that when found this thread.
I’m back I’ve taken a lot of feedback from many sources and learned a lot from discussion. This is my first real response to the community, and I really appreciate all your comments and insights. I think I’ve identified the main issue. My certainty comes from working on a PRO account, so I hadn’t realized how the experience looks for users without PRO. This is a significant oversight on my part - after so many hours of work, I sometimes become blind to my own mistakes. On Free accounts, current trades are not visible:  On PRO accounts, everything is displayed live:  Every bot also has a trading log:  Again, Free account users don’t see trades live and only 25 last positions:  PRO account users see all trades in real time:  Do you think showing live trades on Free accounts would improve transparency? What more can i do beyond showing trades in real time? The reason I initially hide this publicly was to prevent users from copying signals. A simple scraper could copy it from website. But I've changed my mind - transparency is more important at this stage. I need to get out of the basement Thanks for advice with merging. Im newbie. So, have you fixed that problem? How much have you made in trading with this bot of yours because I believe that whatever profit that you made was temporary and how many trades have you carried out with this bot that was successful. Can you show us proves. I have to doubt whatever anyone tells me online about making money with some self made bot because it can be a tool to steal sensitive information or get infected with malmare. If someone can get infected with a malware from a video call and his entire crypto investment was drained. It's possible too when you connect your exchange account to the bot whether there is fund in your account or not. Your device will be affected.
When creating an API key on the exchange, you choose exactly what the key is allowed to do. Additionally, you can restrict the key to only the specific asset that the bot trades. In this setup, the only action the bot can perform is trading that selected asset. It does not have any permissions for withdrawals, transfers, or anything else - strictly trading the chosen asset. This ensures your funds remain completely safe. It would be truly stupid for anyone to use keys with withdrawal or transfer rights anywhere. NEVER DO THIS. That's why these safeguards exist on exchanges to make it as safe as possible. |
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Interesting
How about a free trial for the pro version, just so the users can get a full taste of the product they are going to subscribe for? I am mostly looking at the part of the bots that isn't available to the free version
Thanks again for your post. When I work on a project for so long, I don't notice my own mistakes. Free trial is a basic functionality that should be on the website! Will be ready tonight. Thanks! |
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- No mention about the algorithm behind the bot.
- No performance track of the bot is included.
- NOT an open-source based.
This could NOT be a right way to introduce your bot to this community.
Prove to this community how your 4 years of hard work helped you to crack profits with your bot. And other than that, what we could do if you take a decade to code and design a bot? Do you think that if you mention like longer period of building your project will help you to gain more reputation but I doubt, that will work in other way.
I appreciate the straight feedback -you’re right that introducing a project to a trading community should include more than just saying “it took 4 years.” The time invested doesn’t automatically prove value, but I mentioned it to give context for the effort that went into testing, refining and building something stable just with own hands. Just to clarify - each bot on Psyll has its own trading log and all the signals are shown directly on the chart, so users can see exactly what the bot is doing at every step. Nothing is hidden; the goal is to make it fully transparent and easy to track performance in real time. I fully agree with you that trust and proof matter more than words. That’s why I’m focusing now on showing clear performance data instead of just the story of development. Thanks for pointing this out - it helps me shape how I present Psyll. |
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Thanks a lot to everyone for the feedback and valuable advice - I really appreciate it. I also totally understand the lack of trust, because I’ve been burned myself more than once in the past on some scams, so I know exactly where that feeling comes from. From the beginning, my idea was not to touch users' funds and that there would be no possibility of doing anything against users. It worked and there is no such possibility. While OP is outside and probably won't ever come back again...
I'm not disappearing. I've poured a huge chunk of my life into this, working from 9:00 a.m. to 3:00 a.m. every day, with no days off. I just wanted to share what I’ve built after 4 years of work and all your comments will help me make it better. Thanks again! |
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Thats quite impressive! Launching a full trading automation platform solo is not an easy task. Respect for handling everything from backend to deployment on your own.
I like that you clarified you dont hold user funds, that definitely builds trust. I’ll check out Psyll.com and see how the flow looks. Curious though do you also plan to add customizable strategies, or is it signal based only for now?
On Psyll, strategy setup is really simple and revolves around just one parameter -the position size. There are two types of bots on the platform: ones that use pyramiding and ones that only execute trade-close without pyramiding. For the non-pyramiding bots, you just define the transaction capital, and the bot handles trades automatically. For pyramiding bots, you plan the capital allocation yourself, giving more flexibility but also requiring a bit of user input. I’ve also put some of effort into the documentation, which is publicly available here: https://psyll.com/en/documentation. You can find detailed guides on how the trading panel works here:https://psyll.com/en/documentation/trading-bots/trading-panel Throughout the development process, the app was tested by numerous people, 75% of whom knew nothing about trading. I specifically tailored the platform to them to make it as user-friendly and intuitive as possible, so anyone can get started without prior experience. |
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Why are some of the bots showing that they were launched over 3 years old, yet you just launched the website recently?
And you think there is transparency there? On a normal circumstance I am not a fan of bot instead I would prefer doing normal trading than having to use a tools that I didn't know how it's built. Who knows what happens connecting exchange account to the bot? Again, op has been developing it for over 4 years and launched it then come to announce here. Usually it's hard to trust newbies especially when they are not reputable or spent time over here. I totally get that-trust is key when it comes to trading bots. That’s exactly why I want to stress a few things about Psyll: I’ve been working on it for over four years, refining the algorithms and testing extensively before launch. The bots never touch your funds directly-all trades are executed via your own exchange API keys, meaning your money stays in your account at all times. The bots do not have access to transfers or withdrawals, so there’s no risk of your funds being moved without your control. You choose what the API allows on the exchange. I also made sure everything is fully transparent: you can see signals, logs, and how decisions are made step by step. It’s designed for people who want data-driven insights without giving up control or risking their capital. I understand skepticism, but that’s why I built Psyll to be as safe, transparent, and user-friendly as possible. |
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Interesting
How about a free trial for the pro version, just so the users can get a full taste of the product they are going to subscribe for? I am mostly looking at the part of the bots that isn't available to the free version
You should also add support for more exchanges?
Why are some of the bots showing that they were launched over 3 years old, yet you just launched the website recently?
Hi, thans for advices. I will do free trial soon. Very good idea. Im working now on 2 more exchanges that is ByBit and Binance futres. Ultimately, I plan to support around 8-10 exchanges. Im running my bots from over 4 years since i started building. 10% was great, 30% make nothink and 60% make me loose a lot of money. Throughout this period, the bots were running and I was improving the ones that were doing well. Later i just move the result on website. All of them live and tested (sometines very hard) on myself. To be honest, I lost a small fortune during the build process. The bots often performed poorly, signals often didn't reach where they should have, or other problems arose. |
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Hey everyone! 👋
I wanted to share something I’ve been working on solo for the last 4 years. Yes, everything alone – from the initial idea, design, backend, frontend, testing, all the way to deployment. After a lot of work, I finally launched Psyll.com, a platform for automated trading.
Psyll allows you to connect your exchange account via API and use bots that send buy/sell signals automatically. Important note - i don’t hold any user fund.
The platform is fully online and operational, available for anyone who wants to explore automated trading.
If anyone is curious to see the platform in action or wants to share feedback, I’d love to hear your thoughts! Every comment counts.
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