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Author Topic: Bitcoin Trading bots are they okay?  (Read 617 times)
theonlyj
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May 08, 2017, 01:17:32 PM
 #1

Hey guys,
I'm new here and wanted to ask what you think of trading bot for BTC. As I said I am new just started getting in to bitcoin trading, and as I am a lazy person the first thing I was thinking of were bot. I have used one for a week now and made a lot of money but is this allowed or can I get in trouble using bots.  Here is a link please let me know: https://www.anonfiles.cc/file/622566b09fcfe6111e288cda92ea9a57 Thanks for your comments. I hope you can help me.
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May 08, 2017, 01:22:52 PM
 #2

Hey guys,
I'm new here and wanted to ask what you think of trading bot for BTC. As I said I am new just started getting in to bitcoin trading, and as I am a lazy person the first thing I was thinking of were bot. I have used one for a week now and made a lot of money but is this allowed or can I get in trouble using bots.  Here is a link please let me know: https://www.anonfiles.cc/file/622566b09fcfe6111e288cda92ea9a57 Thanks for your comments. I hope you can help me.
Why you are asking if its okay? since you do already make lots of money as you mentioned and also I wont bother to download such links so easily even some would say that its a file or bot or something.Better to be cautious than to be careless. Not to offend you but i wont really download the file on that link.Very suspicious for me Smiley


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theonlyj
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May 08, 2017, 01:40:03 PM
 #3

Hey, yeah that isnt my file and I dont think I am allowed to re-upload it. No was just asking if I could get in trouble for using bot like this. Sorry for the link.
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May 08, 2017, 01:47:42 PM
 #4

If you're using it and you're "actually" earning off it then it's the worst idea to share it and then ask questions about it.

Unless you want others to sacrifice their money in order to test it for you?
(or it's rigged into stealing coins).

I just don't get what this thread is supposed to mean.
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May 08, 2017, 02:28:30 PM
 #5

Hey, yeah that isnt my file and I dont think I am allowed to re-upload it. No was just asking if I could get in trouble for using bot like this. Sorry for the link.

Lol, if you can make money just use it. Unless there is rules mention using robot is not allowed. Usually using robot only give profit at the beginning, then get ready to loss all.  Cry

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voltesbit777
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May 10, 2017, 08:09:19 AM
 #6

Hey, yeah that isnt my file and I dont think I am allowed to re-upload it. No was just asking if I could get in trouble for using bot like this. Sorry for the link.

Lol, if you can make money just use it. Unless there is rules mention using robot is not allowed. Usually using robot only give profit at the beginning, then get ready to loss all.  Cry
You may have point on that mate. Only in the beginning will give profit but not big, only a way of hyped so that you will
decide for yourself to go back with it to used it. But still not worth it, Undecided


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KuromaYoichi
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May 10, 2017, 08:19:06 AM
 #7

Using bitcoin bot to trade is definitely okay, in fact there's people selling trading bot like C.A.T or gunbot. You won't get in trouble if you know what your bot do. If you're already make a lot of money from it then you should continue doing that. No need to share it here.

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May 10, 2017, 08:39:55 AM
 #8

Hey guys,
I'm new here and wanted to ask what you think of trading bot for BTC. As I said I am new just started getting in to bitcoin trading, and as I am a lazy person the first thing I was thinking of were bot. I have used one for a week now and made a lot of money but is this allowed or can I get in trouble using bots.  Here is a link please let me know: https://www.anonfiles.cc/file/622566b09fcfe6111e288cda92ea9a57 Thanks for your comments. I hope you can help me.
Why are you even asking whether it is ethical to use trading bots or not?
You are making money and that's all what is good for you.
And please don't share links as it may be an attempt of phishing and maybe install malware on our computers.

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Idrisu
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May 11, 2017, 06:19:56 PM
 #9

Op is technically try to advertise his both or making money from referring. Bot is good if they are developed along your trading strategy.  I have try bots with forex but I loses and since then I learned to stick to my trading plan and strategy. The best way to trade is to train yourself through practising account and from there developed your skills and strategy.
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May 11, 2017, 06:43:57 PM
 #10

Don't get me wrong but I don't think that any bot can replace human skills and experience and make the same results. Maybe bots are easier way but not necessary the better. If you are unexperienced trader you could try with bot, just to "feel" how the things are working but I suggest that you rather do it on your own.

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May 12, 2017, 01:38:16 AM
 #11

Don't get me wrong but I don't think that any bot can replace human skills and experience and make the same results.
Nice point.
And if we using a bot in trading we didn't get much experience in trading especially in decision-making.

Maybe bots are easier way but not necessary the better.
BOT is good for lazy traders  Cheesy

If you are unexperienced trader you could try with bot, just to "feel" how the things are working but I suggest that you rather do it on your own.
Definitely agreed especially for beginners in trading.

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May 12, 2017, 03:32:07 AM
 #12

I don't think bitcoin trading bots are okay because they are just automatic thingy that can either help you earn or lose your money but i still prefer manual trading because it is more efficient for me and it is more fun in manual trading because you are the one who got thrilled and challenged by the market and you can decide on how much money do you want to earn from your trades.
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May 12, 2017, 03:46:50 AM
 #13

It is fine.

Bots rarely if ever cause one to ‘lose money’ as some have mentioned. Instead, some of them could cause you to miss ROI by buying or selling at a time a human may not have considered ideal. Because of this, you will want to keep an eye on your bot and adjust its settings as the market moves along.

Just remember to allocate only that which you can afford to your bot rather than your entire holdings. Would it not be nice if your bot could ride a pump as you are out having a life?
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