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Author Topic: Automated Trading with Bitcoin  (Read 1439 times)
KuromaYoichi
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May 07, 2017, 06:38:20 AM
 #21

Trading with bot is good, that it makes a minimum profit with consistency on successive trades. This cannot be guaranteed with the manual trading. This is possible when the price seems to fluctuate within certain price range and while exceeding too it makes profit but not the peak.

Although the profit is not the maximum, but you can also get a big one because the bot keep trading while you can't do it. And it's not like you can always get the highest possible profit when trading manually.
For the OP, you should try C.A.T bot as they support a lot of exchange.

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May 07, 2017, 08:32:26 AM
 #22

I like to use Tools like MetaTrader oder TradeStation to execute automated trading strategies and doing backtesting. I'm also open for other tools. In best case it should work with Kraken.com but other exchanges could be an option.
There are mixed responses from traders about using bots for their crypto currency trading. I did see positive review on using CAT bot but now people are suggesting to go with GUNBOT. I'm not sure the current effectiveness of CAT bot like what happened to old bots and their results and why people always suggest new things.

One thing is sure people just want to try new products and keep on switching over to new bots whenever they will be arriving at market. But, personally I am always doing good with my manual trading.
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