Bots for trading?

[worldtraveller321]

is it true sites like Cryptopia and other exchanges have bots that will just do trading for you , all the work for you/? if so what is the best source and for those who have used bots? effective? save time?
 thanks

[1714804045]

1714804045

[1714804045]

1714804045

[lite]

is it true sites like Cryptopia and other exchanges have bots that will just do trading for you , all the work for you/? if so what is the best source and for those who have used bots? effective? save time?
 thanks

I have not used bot to do trading, frankly i'm afraid that i might lose money due to some error. there are trading bots that you can buy and automate your trades,apply strategies etc..
gunbot(https://bitcointalk.org/index.php?topic=1715214.0).

[piloder]

I agree with lite, Gunbot is the only bot that is trusted by many here and have active support available. You can trade with this bot in poloniex automatically also you can set different strategies and keep it running to automate your day trading.

But you can also loss with this bot if market goes against your strategy and we all know no any trading strategy is perfect.

Also most of the other trading platform have API you can hire someone to make custom bot for you so that you can also automate your trading in those platforms.

[DaMut]

Yes,you can use Bots for doing the trade but it is worth ? i do not think so.
to be honest i never believe them,because they are a machine.
they will execute the action based on the source,so what will happen if the market move to the opposite ?
nothing will change because they can not improve their movement based on the market or to put it bluntly,they will only run your strategy.
they have a flaw,but it can help you to do the trade if you are using a single method trade.
if you are trying to get a lot of profits everyday,
it would be better for you to do it by yourself,

[GreatOrchid]

is it true sites like Cryptopia and other exchanges have bots that will just do trading for you , all the work for you/? if so what is the best source and for those who have used bots? effective? save time?  thanks

They are good, but they are very expensive at the moment. Just a single license of one of those bots are worth $1,300 at the moment, and that is a lot of money if you are going to be trading with less than $1000.

If you have more than $15k, on your budget, then $1,300 is almost nothing, because those bots are perfect, and they can easily give you a profit of 1% to 4% a day, and that is huge, of course.

I have never tried it, but it is plenty of them, the most trusted one is Gunbot, and it will always be.

[AudriusBird]

Sorry mate, which bot worth $1,300?
As far as Google can find me, gun bot costs only ±$75..

is it true sites like Cryptopia and other exchanges have bots that will just do trading for you , all the work for you/? if so what is the best source and for those who have used bots? effective? save time?  thanks

They are good, but they are very expensive at the moment. Just a single license of one of those bots are worth $1,300 at the moment, and that is a lot of money if you are going to be trading with less than $1000.

If you have more than $15k, on your budget, then $1,300 is almost nothing, because those bots are perfect, and they can easily give you a profit of 1% to 4% a day, and that is huge, of course.

I have never tried it, but it is plenty of them, the most trusted one is Gunbot, and it will always be.

[orka39]

is it true sites like Cryptopia and other exchanges have bots that will just do trading for you , all the work for you/? if so what is the best source and for those who have used bots? effective? save time?
 thanks

I have not used bot to do trading, frankly i'm afraid that i might lose money due to some error. there are trading bots that you can buy and automate your trades,apply strategies etc..
gunbot(https://bitcointalk.org/index.php?topic=1715214.0).

I know bot can help you save your time while it is working for you maybe for 24 hours.
Using bot not always profitable, sometime error like above me said and the other risk too. Bot will works well if you are well skill trader. All depending on you.

[andthereyou]

Bots is good if only few are using it. However if many people  are using bots with same trading system it would not be profitable in the long run. I recommend if possible you make your own program(bot) with your own trading system.

[worldtraveller321]

tthanks guys

[Agetan]

Bots is good if only few are using it. However if many people  are using bots with same trading system it would not be profitable in the long run. I recommend if possible you make your own program(bot) with your own trading system.

May i know if the bot is not profitable if many people use it? I dont think this will make bot not profitable.
Bot is using for day trade and if we trade in the long run i think better we use normal trade not bot trade.

[Andrey123]

And now think carefully)
Why sell / distribute a robot that can trade profitably!
So there is a catch!

And people become richer from the sale of robots.