Do you use a bot for trading?

[jovs]

I never use bots in trading because I have not bought one yet,  If someone good enough to share his bot to me, I would gladly use it.  Apply the setup I want and run it 24/7.  Of course, i will be checking it from time to  time to monitor the bot.  Having bot for trade, I believe, it  will make my trade easier.  No more missed pump or dump.

Like you i dont used bot on trading or even think to use it. Because using bot is like cheating yourself asides you cant manage your trading if you are using bitcoin. For me in trading one must have luxury of time for the trading to grow and develop. And if there is a risk in trading i am sure that there is more risk in usung bot because it doesnt know when at how to trade your tradings.

[JeffBrad12]

Thanks for help I am really happy because I got answers here and I decided to try to buy some cheap bot which I can use for trading.I will buy couple of cheap bots and it it makes me nice profit then I will still trade but if not then I will stop buying bots and I will learn to trade alone.

Be careful about buying the bot because too many the fake bot to steal your exchange account, and just try to buy the recommend trading bot in here. Gunbot is good bot for you and you can try it.

[deisik]

I never use bots in trading because I have not bought one yet,  If someone good enough to share his bot to me, I would gladly use it.  Apply the setup I want and run it 24/7.  Of course, i will be checking it from time to  time to monitor the bot.  Having bot for trade, I believe, it  will make my trade easier.  No more missed pump or dump.

Like you i dont used bot on trading or even think to use it. Because using bot is like cheating yourself asides you cant manage your trading if you are using bitcoin. For me in trading one must have luxury of time for the trading to grow and develop. And if there is a risk in trading i am sure that there is more risk in usung bot because it doesnt know when at how to trade your tradings

I think that most trading bots are useless overall

There are two classes of bots which can be of real help, though. The first class (which I used myself in the past and am going to use in the future) consists of bots that just place orders for you. For example, you set a range (spread) for your buy and sell orders, and the bot just adds the opposite order when the trade gets executed. But there are bots that trade specifically against these and similar bots (unless the latter are more advanced and take precautions against the former). The second group consists of arbitrage bots and that's how easy money is earned in the markets

[coinplus]

Thanks for help I am really happy because I got answers here and I decided to try to buy some cheap bot which I can use for trading.I will buy couple of cheap bots and it it makes me nice profit then I will still trade but if not then I will stop buying bots and I will learn to trade alone.

I don't know friend who gave you advice but actually never use these bots in altcoins trading since it would always end up in loss. And I think bots can help in creating buy and sell orders right ? That can be easily done by creating orders manually too ?

I mean you can create buy and sell orders for predetermined price and then just relax, why depend on a bot that has no brain and knowledge ?

[ASHLIUSZ]

If you want to make some profit with trading (arbitrage), you cannot rely on bots. You have to do some manual research.

The first one is on me:

- Current trading rate at Coinbase -  $1270

- Current trading rate at SurBitcoin - $1530


I already sold 15.17 bitcoins myself and i received an usd payout

Well done. Manual research gives the best profit compared to the bots. Bots work based on the way it's been programmed or developed. Same time if you're using your mind to calibrate and decide then you can increase the profit even when price is not varying much.

[Monnt]

I did not use a bot for trading. I manually used trading for an altcoins. I didn't want the bot, handle my money, I want me to handle it. I want to have a fair about trading and even there is no bot for trading, it also act like that.

The bot does not handle your money actually, it just uses your instructions to create buy and sell orders but yeah sometimes bots can be pity as when a coin is rising quickly it would just sell them, while manually you can change your decision at the last minute and rather sell on higher price and that's the only plus point using manual strategies rather than filling data in bots.

[el kaka22]

I never use bots in trading because I have not bought one yet,  If someone good enough to share his bot to me, I would gladly use it.  Apply the setup I want and run it 24/7.  Of course, i will be checking it from time to  time to monitor the bot.  Having bot for trade, I believe, it  will make my trade easier.  No more missed pump or dump.

Like you i dont used bot on trading or even think to use it. Because using bot is like cheating yourself asides you cant manage your trading if you are using bitcoin. For me in trading one must have luxury of time for the trading to grow and develop. And if there is a risk in trading i am sure that there is more risk in usung bot because it doesnt know when at how to trade your tradings.

It is more important but actually you can choose between luck and skill and luck is something that would come to you if it has to. I believe if we can implement some skills in our gambling then that's much better. Sports betting is a classic example because there we can see the past records of the teams and hence bet accordingly.

Always I do prefer going for trading manually. Because, all the bots I have tried did not bring successful trades all the times. Now also I am looking for trading bots as I do hear they will automate some of our routine works like part of our research and analysis. But I will take the final decisions whether to trade or not.

[Zar_Slim]

Never use bots. Thay cannot make a deal as human mind can

[DarkIT]

Never use bots. Thay cannot make a deal as human mind can

true, sometimes the actions taken very different bot we think. but, it is also commonly used by people who have very little time in playing trading. but, using a bot, have a greater risk than with manual trading.

[hurain]

I did not use a bot for trading. I manually used trading for an altcoins. I didn't want the bot, handle my money, I want me to handle it. I want to have a fair about trading and even there is no bot for trading, it also act like that.

The bot does not handle your money actually, it just uses your instructions to create buy and sell orders but yeah sometimes bots can be pity as when a coin is rising quickly it would just sell them, while manually you can change your decision at the last minute and rather sell on higher price and that's the only plus point using manual strategies rather than filling data in bots.

to me i never use bot, actually i do not believe on it and the other thing is that i do not feel satisfaction while using bot, i think like to use the manual way in gambling.

[deisik]

I did not use a bot for trading. I manually used trading for an altcoins. I didn't want the bot, handle my money, I want me to handle it. I want to have a fair about trading and even there is no bot for trading, it also act like that.

The bot does not handle your money actually, it just uses your instructions to create buy and sell orders but yeah sometimes bots can be pity as when a coin is rising quickly it would just sell them, while manually you can change your decision at the last minute and rather sell on higher price and that's the only plus point using manual strategies rather than filling data in bots

You refer only to just one kind of bots

But there are a multitude of other bots which don't quite fit into your simplified definition. For example, there are arbitrage bots that don't necessarily add orders for you. They might just keep watch on prices at various exchanges. And when they see an opportunity to earn profits, they may beep you and then it is up to you to decide whether it is worth trading or not. Or you can just give your consent and then the bot makes the rest for you  (i.e. actually places the orders)

[xIIImaL]

Never use bots. Thay cannot make a deal as human mind can

true, sometimes the actions taken very different bot we think. but, it is also commonly used by people who have very little time in playing trading. but, using a bot, have a greater risk than with manual trading.

Bot should not involved in the platform where the money revolves so much. But i have noticed in many trading site automated escrow is been activated by the site itself. Once payment has been done or trade completed then trade is being released by us but amount was hold there only. Its automatically dispute the trade if its not completed by trader who buy or sell it.

[wuvdoll]

actually i do not believe on it and the other thing is that i do not feel satisfaction while using bot, i think like to use the manual way in gambling.

For both trading and gambling, there are bots which can be used up to some levels like we need not relaying them completely. They will simplify your routine tasks but your decision is needed to finalize a trade or bet. When you are completely believing into one bot, there will be zero chances to get full satisfaction. It is obvious that you cannot expect a bot to work perfect as per your expectations.

[bravehearth0319]

I thought it would be interesting to know if you guys use a bot to trade bitcoin or altcoins..

Whether or not you do, if you were to make one, what rules would it based on?

I don't use one myself.. but am looking to get one built, and would welcome any suggestions on features and rules that you think would work..

Thanks!

I never try to use it, but I've read it in some articles which I don't exactly sure what site it is, they have called top 6 bot and each bot had their own price of bitcoinBTC according to it functions minimum was 0.01BTC, in fact, I got curious on it, and attempt to try but I realized that doing trade manually is much comfortable than using bot in the trading you cannot appreciate your profit if you use it unlike in manual you appreciate because you are the one made a hard work for it.

[fkod]

I'm guessing, many bots existing private, personally used on coin markets.

Public bots not very good as for me.

Best way, writing the self coded bots for trading and order management.

[RealPhotoshoper]

I'm guessing, many bots existing private, personally used on coin markets.

Public bots not very good as for me.

Best way, writing the self coded bots for trading and order management.

That's right completely agree with your opinion , bot provided publicly has no few features.
When you know how to build a bit then better to create your own and place the features as you wish.
The problem only when you have no idea to create it, but you can buy a premium bot from trusted provider.

[carap]

Reading this thread makes an impression that 90% of posts are coming from professionals capable of making huge profits without any automation!
I wonder why the same people advertise in their signs and avatars...

[CraigWrightBTC]

Reading this thread makes an impression that 90% of posts are coming from professionals capable of making huge profits without any automation!
I wonder why the same people advertise in their signs and avatars...

Well if you think the traders can make huge profit with trading bot you are wrong, i don't think taking huge profit from trading,
i just think get constant profit from trading also doesn't mean the trading  robot is suitable for the strategy in every condition of price
 the mosht important in trading getting constant  profit not on trading robot as you said.

[carap]

Well if you think the traders can make huge profit with trading bot you are wrong

I don't think so, and I'm for stable little incomes (that are in fact easier to achieve with automation).
It's only that majority states that they can trade better than bots, but never actually tried and don't have any practical experiences with.

[zidanw]

I have never used a bot I think it is less effective because we don't directly monitor the state of the market and likely bot will not work correctly is things  might be detrimental to us. I prefer the manual method.