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Author Topic: Which trading bots do you use?  (Read 776 times)
deadsilent
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September 27, 2017, 09:30:59 AM
 #21

Trading bots are risky. If they are not risky, many people will hire bots to trade. That's why many people prefers manual trading. If bots are proven to be profitable. I should be a millionaire by now. They are expensive also. They are not worth of your money. Bots cannot give you a sure profit. Cryptocurrencies are very volatile in nature. It's not easy to predict. If you manually trade, you can understand the market movements and how it works. Of course it's not easy at first. But when you understand it, it will be easier for you to find what coins will possibly pump.


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maokoto
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September 27, 2017, 09:39:29 AM
 #22

I think mostly bots need a strategy to function. It is that strategy that makes them profitable or not, so you need a good trading mind behind the bot to be profitable, and that is not easy.

However, the bot allows you to play strategies you just cannot play without the bot. For example, you can set a bot to buy and sell at the minimum profit and repeat hundred of times with a stable coin (that only goes up and down in a small %). That would not be possible with manual trading.

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September 27, 2017, 10:58:22 AM
 #23

Trading with not is a bad idea, it can make you to run into huge losses. I prefer trading manually

what if there was a bot with no losses?

LOL. All the trading bots make losses - and they're responsible for the wild swings in bitcoin, because they can't handle unexpected events, so they often sell at the bottom, sending the markets further down.

Think about it - if you had a bot that worked beautifully, would you licence it for $89 to others? Or use it yourself to make millions?

That's an excellent question, what if there was a group of people with a mission that surpasses just making millions? What if they were interested in bringing high ROI to everyone? What if they would love to see the value that whales and big hedge funds capture distributed to everyone?
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September 27, 2017, 11:22:11 AM
 #24

Trading with not is a bad idea, it can make you to run into huge losses. I prefer trading manually

what if there was a bot with no losses?

LOL. All the trading bots make losses - and they're responsible for the wild swings in bitcoin, because they can't handle unexpected events, so they often sell at the bottom, sending the markets further down.

Think about it - if you had a bot that worked beautifully, would you licence it for $89 to others? Or use it yourself to make millions?

That's an excellent question, what if there was a group of people with a mission that surpasses just making millions? What if they were interested in bringing high ROI to everyone? What if they would love to see the value that whales and big hedge funds capture distributed to everyone?
Right Pal, Because people are attracting to get more income i would suggest that they need patience too because patience can make them more better according to other things because patience is more important.
machinek20
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September 27, 2017, 11:30:46 AM
 #25

No I dont used any bots at all, I prefer the manual way, so I can analyze and experience every trading better, I think the best way to used bots if you already expert in trading, bots can make more profit if being used properly
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September 27, 2017, 11:41:14 AM
 #26

I think mostly bots need a strategy to function. It is that strategy that makes them profitable or not, so you need a good trading mind behind the bot to be profitable, and that is not easy.

However, the bot allows you to play strategies you just cannot play without the bot. For example, you can set a bot to buy and sell at the minimum profit and repeat hundred of times with a stable coin (that only goes up and down in a small %). That would not be possible with manual trading.

What if we combine software and humans together? doing this we can achieve great things that can't be achieved by humans or software separately
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September 27, 2017, 11:53:49 AM
 #27

No, I don't use any bots at all, I prefer the manual way, so I can analyze and experience every trading better, I think the best way to used bots if you already expert in trading, bots can make more profit if being used properly

But you are affected by emotions, software learns with data and makes decisions even when they seem counterintuitive, and it's on the counterintuitive decisions the value is

Wouldn't you like to trade and make money without the everyday stress of seeing all the news, check the price all the time etc?
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