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Author Topic: Does auto trading bot make good profit ?  (Read 18734 times)
BogdanL
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August 30, 2018, 08:00:44 AM
 #141

I`m using this one for 2 months and is giving consistent profit. I made 5x in the first month on Bitmex. This bot was made by some traders for Forex and it was adapted to crypto. As you know almost all trades are made automatically and most of the bots are privately owned like this one.
Licence for a bot like this is between 20.000-50.000$. You can find similar bots in this price range.
https://t.me/BitmexAutoTrading
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dzebidaya
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August 30, 2018, 05:08:01 PM
 #142

I think bot trading is some kind of cheating. And also, just a little mistake may lead to catastrophic consequences. I remember a story when bot made an order a fraction of a second later than it should and company lost dozen of mln $. I trade by myself, manualy. Tracking my coins with analyser https://coinsharbor.com/
Check it out, if interested. Well made and functional service!
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August 30, 2018, 07:53:16 PM
 #143

If you have knowledge about how you should use it, it will definitely gain for you. As far as I know, it's okay to use it for arbitrage. You lose a lot of time with your manual action, and you can't achieve your predicted profit. But sometimes bot can empty your pocket.

kingkonjac
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August 30, 2018, 09:29:24 PM
 #144

I don`t like them and when the market is bad the bots can experience huge loses to the users, in addition it can be hacked by apis and used for evil as we have seen in binance.

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August 30, 2018, 09:35:32 PM
 #145

Does automated Bitcoin or other crypto currency trading bot can make some good benefits ? Is it good to use it ? What is the best bot ?
i don't think it will be good, because which make good profit in trading is ourself. I never tried bot that is why can't suggest about it. But my suggestion is feel how to trading ourself, it will be more fun

 
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worldofcoins
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August 30, 2018, 09:35:43 PM
 #146

It really depends on the thresholds you place on the bot for the different coins but if used meticulously I think gains can be made off bots.
BogdanL
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August 30, 2018, 11:05:26 PM
 #147

Well this bot uses API keys. You remove withdrawal rights, so you are safe. You just use your own Bitmex account (or a new one for testing in if you are sceptical) and the bot it makes all trades for you. In last month we had 3x-5x profits.
It's your own account and you can even decide not to pay, which is not nice but that's up to you... After 1 month of profits if you don't pay, you are kicked out. If you pay, you gotta share with us 50% of profits. All users until now are happy for their profits!
We are not hoes to take money before profits!
https://t.me/BitmexAutoTrading
rose8963
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August 30, 2018, 11:08:00 PM
 #148

Does automated Bitcoin or other crypto currency trading bot can make some good benefits ? Is it good to use it ? What is the best bot ?
I do not think you should use bots to trade, you can see that the market is fluctuating continuously and it is difficult to guess, the market is in a bear market in the long term, so to be able to transfer success at this point is very difficult. The market is in the uptrend phase of the altcoin so I believe you should self-trading to be as flexible as possible.
BogdanL
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August 30, 2018, 11:11:30 PM
Last edit: August 31, 2018, 08:07:27 PM by BogdanL
 #149

Doing trades on Bitmex with leverage it's the only solution those last months so that's why someone decided to make a bot for this. You can see results on Telegram link for it in the post below. Don't want to spam with this... but i`m just an user... and found the best bot ever until now. Maybe there are more, much better, but for me, this one is the best so far.
richcorner100
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August 31, 2018, 03:23:13 AM
 #150

I dont have idea about bot trading for crypto, but i have been use bot trading in forex and binary option trading, but the result is the same thing like do manual trading. I think all bot trading is the same and the quality of the bot according to the price.

crzy
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August 31, 2018, 03:27:32 AM
 #151

If you have knowledge about how you should use it, it will definitely gain for you. As far as I know, it's okay to use it for arbitrage. You lose a lot of time with your manual action, and you can't achieve your predicted profit. But sometimes bot can empty your pocket.
Yes of course, even you are using bot on your trading loses will still happen. I don’t have any idea how bot in trading works but i really don’t want to use this kind of technology because I know how to trade and this is my money so I should be the one to play with it.
leonix007
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August 31, 2018, 03:48:28 AM
 #152

I think bot trading is some kind of cheating. And also, just a little mistake may lead to catastrophic consequences. I remember a story when bot made an order a fraction of a second later than it should and company lost dozen of mln $. I trade by myself, manualy. Tracking my coins with analyser https://coinsharbor.com/
Check it out, if interested. Well made and functional service!

Nah, its not cheating

its called automation, exchange allows it

you still have control of it, setting configs, threshholds, strategies, limits, etc....

so when a story comes telling they got REKT on bots, its called "Stupidity"

Don't give a Mln dollar to machine you don't even know how it operates, what its weaknesses, flaws and strength



tanzaholzmann
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August 31, 2018, 04:10:14 AM
 #153

I have never used a bot to be used as a profit from trading, I also want to try the bot but I am afraid of loss and fear that my capital will be lost, maybe because I was tricked by a scam project
BariaczRoni
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August 31, 2018, 05:42:30 AM
 #154

I think you need to stop thinking of using bots to automate trading. No one will know that it will be more profitable for you than Bitcoin. Your job is to continue to learn, to accumulate experience to trade manual
BibitBot
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August 31, 2018, 03:48:39 PM
 #155

A bot is only a good tool for trading, not a magic wand. You still need to have experience and knowledge, understand what is happening in the market
BitcoinTurk
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August 31, 2018, 05:02:58 PM
 #156

Does automated Bitcoin or other crypto currency trading bot can make some good benefits ? Is it good to use it ? What is the best bot ?

I used this service for a while, but it would not be right to say that it is so profitable because no boots work properly. Although many transactions are made with the right orders, sometimes it is selling at a loss due to faulty prices. Or, besides this problem, it is also possible to encounter other errors such as erroneous price entries and incorrect receipt amounts. Especially it is easy to say that services that are inexpensive and widely used give such errors intensively and are not mostly profit margins. If you want to use this service and get really good income, you need to do good research and pay a good price. Because expensive services are rarely used, they are not easily detected and do not make simple mistakes easily. Lastly, I would like to point out that the accounts using the bot can be played from time to time and can be used for pump operations.

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Adrin
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August 31, 2018, 06:24:51 PM
 #157

No. If this is true then all people must try for buy a bot so that they can make profit easily. If we do so then if there any manual trade can be seen? Can we make any lose if this bot work good or at least can take a challenge for sure profit? If we can make good profit through bot then what can be happen for trading platforms? Can they make profit from us? Imagine that all we use bot for sure profit and no lose expected. Is this possible for trading platforms to make profit if all trader can make profit at a time? Think about please.     
rose8963
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August 31, 2018, 11:19:44 PM
 #158

Does automated Bitcoin or other crypto currency trading bot can make some good benefits ? Is it good to use it ? What is the best bot ?
It can be seen that the market in the current time is constantly fluctuating and difficult to predict, bitcoin knitting prices continue to adjust and are very strong. Therefore, I believe you should not use the bot to trade because of high risk, the bot can not be flexible in trading so I believe you will continue to suffer losses if using the bot.
Polkadott
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September 01, 2018, 04:42:10 AM
 #159

no I don't believe in some automatic bots to get instant profits without you doing anything, automatic bots in my opinion can only be used to predict the percentage of crypto values, and even then it's not always right
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September 01, 2018, 05:32:11 AM
 #160

I think it will be good to stay away from bot trading. Maybe they won't like my opinion who likes bot trading, so I am sorry to them who like to trade by Bot. But I won't suggest anyone use a bot for their trading mainly in the crypto market. Please study and trade yourself and be safe all the time.

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