Does a profitable trading bot exists?

[coinfinder000]

There isn't.  If someone can supply one , I can pay for to use it.

[virasog]

Is using a bot feasible?

I'm not expecting automatic doubling of my money every second week, but what about a constant profit of 3-5% per month.

Taking into consideration the volatility of the altcoins, this should be mathematically achievable (trough martingale or some other system).

When I look at a trading bot I am not looking for one that has a preset system. I am looking for one that could be configured to a high amount of accuracy. So another words when I use a trading bot I'm using it as an extension of my own trading strategy. The only one that I know out there that I would trust at this moment is GunBot from Pollo.

[Qunenin]

I haven't looked at it very much because of the fees, but obviously it comes from a company that's got a decent history. If you have any coding experience at all I would put in the time to creating your own using an API rather than grabbing one from somebody else. When a coin is released on here we usually get open source, but a lot of software like trading Bots don't seem to produce open-source so I wouldn't want to trust it with my finances.

[Dikobit]

does anyone know if there is a free github bot for bittrex for very simple ping-pong like strategy like buythis coin at x price and sell at y, then start again?

[Red_Sanford]

I have used gunbot for months and can say that it is very difficult to make consistent profits. Yes I had days where I made 10% but the number of days that I lost 20% far outweigh it.

There is a serious learning curve. You have to constantly baby sit it, a stop loss has only now been added but the current software has not been finalized.

He does rolling releases meaning that there are constantly new versions with new bugs.

The documentation of the bugs is not centralized so unless you know what the bugs are and how to "get around" them you will have trouble

If Gunbot were easy to use they would not be upselling gunbot university to "teach" you how to trade

You will be sitting on bags for a long time

There are lot's of used gunbot's for sale

But after all this complaining.. It is a good value because it is a one time payment. He has added a dev to make a decent gui
He is responsive to the community to make changes........ although it took way to long for a stop loss
Ping Pong will make you some money if you watch it

If you can pick good coins buy and hold will make you way more BTC

[boerthwi]

I would also be very interested in a trading bot for bittrex. Are there any?
I think gunbot just works for poloniex, am  I right?

[kemonojim]

For me personally, trading is a job that takes a lot of time in order to get a lot of profit. one of which is that we can easily monitor all the things that work, but if we use trading with the boot it is definitely done is silent. Indeed the benefits of booting are helping us to speed up the work, BUT this will not be useful for trading. Because trading does take a lot of time to think and if we use the boot I'm sure and sure to get is a defeat.

[Red_Sanford]

I would also be very interested in a trading bot for bittrex. Are there any?
I think gunbot just works for poloniex, am  I right?

No gunbot works for Bittrex, Polo, Kraken and Cryptopia. You buy a license for whichever exchange you want. There are used ones for sale which makes no difference because you still get all updates and it is a lifetime license which makes it a great deal. He is also working on adding more exchanges

Find used ones here https://gunthy.org/index.php/board,4.0.html?PHPSESSID=emcqa1239uihpuh0c8v39ti8a2

Be sure to use gunthar as an escrow so you don't get robbed

[Salmen]

I've used in the past Cryptotrader.org that offers plenty of trading bots, created by users for users. These trading bots are based on an algorithm which offers the best strategy, for multiple coins or for a particular cryptocurrency. Besides of this, you can also check the bot's profitability on the current market and coin thanks to the open backlogs. The costs aren't that high if you are willing to put some Bitcoin in your exchange account.