Is gunbot or automatic trading robot really profitable ?

[mich]

I've tried a lot of bot for many altcoins before. but I could not provide proper efficiency at all. The reason is very simple. no fund manager trading robot cant  predict the future of the robot in full meaning. it can not feel it. These are very important details. no "bot" cant easily perform operations on this market. waiting for the market to come in handy at all is already in the worst case.

[wonderchaff]

so i think bot are good for stocks , forex maybe bot in crypto world here is it like wild west where is something happening with no reason (for example when were in news articles about parity hack on eth everyone thought it is going to lose a value but eth gained value , good project loosing value and projects with no future gaining value (bitconnect) ) ....

[flippener]

My initial thoughts: https://bitcoin-investors.co.uk/2017/10/my-thoughts-on-gunbot/

[The_Dark_Knight]

Hi guys , I have questions about trading robots . Is it really profitable ? It is hard to set up ? Do you have some experience with gunbot or others ?
Did you earn something with these robots ? Thanks for all answers

Trading bots are not money making machines that you can just turn on, remember a tool is as good as the one that uses it, if you do not know anything about trading then you are going to lose your money because you are not going to configure the bot in the right way, so before thinking of using bots make sure to learn how to trade yourself and become a successful trader if you cannot do that then the bot is not going to help you.

[MURONDI]

I am also curious about gunbot, see the license price is very expensive and can be resold, I think will yield consistent profits, manual trading is more steady but exhausting

[wonderchaff]

My initial thoughts: https://bitcoin-investors.co.uk/2017/10/my-thoughts-on-gunbot/

thanks for link ... by the way nice blog

[flippener]

thanks for link ... by the way nice blog

Thanks! I find it helps me to write it all down.

I'm thinking of writing a basic 'Crypto 101' course for noobs - it would have helped me when I started.

[IAMYOURLEADER]

I've seen statements from users that it's not very useful. Those who sell can't even prove their huge earnings to see how profitable it is and it's also very expensive. If I  have that app that is really working then I would not sell it to earn more because the app itself is already giving me continuous wealth.

[flippener]

I've seen statements from users that it's not very useful. Those who sell can't even prove their huge earnings to see how profitable it is and it's also very expensive. If I  have that app that is really working then I would not sell it to earn more because the app itself is already giving me continuous wealth.

It's not that simple - it does need some monitoring and tweaking, so if you are short of time with other things going on in your life I can perfectly understand wanting to sell it. And don't forget, given the rise of BTC, they'll always get back more fiat than they paid for it.

[DGulari]

I am also curious about gunbot, see the license price is very expensive and can be resold, I think will yield consistent profits, manual trading is more steady but exhausting

Gunbot license price isn't very expensive as you said. I think it's still reasonable amount and almost all people can buy it (it's only cost you 0.1 btc).
Automatic/trading bot only will make your trading activity become easier than when you do it by manually.

[Red-Apple]

I am also curious about gunbot, see the license price is very expensive and can be resold, I think will yield consistent profits, manual trading is more steady but exhausting

Gunbot license price isn't very expensive as you said. I think it's still reasonable amount and almost all people can buy it (it's only cost you 0.1 btc).
Automatic/trading bot only will make your trading activity become easier than when you do it by manually.

0.1BTC is more than $1000 right now! i wouldn't call it very expensive but it is still pretty high.

i have not used this bot but it seems like a good one from what i have read on their topic and from the explanations. but the important thing that people who look for a bot always forget is that a bot is not going to make you profit on its own. you do need to know how to make profit using it. you also need to be very familiar with the market and be able to decide which coin to choose and when to go in. and there are a lot of other things to consider if you want a consistent real profit not just a profit based on luck.

[Golftech]

I've seen statements from users that it's not very useful. Those who sell can't even prove their huge earnings to see how profitable it is and it's also very expensive. If I  have that app that is really working then I would not sell it to earn more because the app itself is already giving me continuous wealth.

its useful mate, it will lessen your time inside exchange as bot already have programs to set your expectations, I don't have a personal experience
with gunbot but reading the features of this program you will get an idea how trading can be performed without spending too much time as mention
the bot will do the task for you.

[Koadharber]

I've seen statements from users that it's not very useful. Those who sell can't even prove their huge earnings to see how profitable it is and it's also very expensive. If I  have that app that is really working then I would not sell it to earn more because the app itself is already giving me continuous wealth.

its useful mate, it will lessen your time inside exchange as bot already have programs to set your expectations, I don't have a personal experience
with gunbot but reading the features of this program you will get an idea how trading can be performed without spending too much time as mention
the bot will do the task for you.

Bot would really be a good tool for us since it do automate on our trades without the need on sitting out on your front of your pc just to make trades since those bots will really help us to done on what we are doing but the true thing is that those are just tools not totally the ones or things that do make money for us and knowing that we are the ones who do set out on settings on which bot would able to execute commands depending on the things you do set.