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Author Topic: Newbie in crypto trading, whelp! Bot or human?  (Read 752 times)
marciks
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April 22, 2018, 12:36:04 AM
 #41

In my opinion , the bot is not good enough for trading, or else the bot will not be sold to you. They can keep the bot to make money for themselves.
I agree.. Nobody would sell a money machine. Op could try to find his own strategy and pay a programmer to make a bot with its strategy specifications.
dsaijz03
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April 22, 2018, 01:55:32 AM
 #42

It is normal to lose specially if you are newbie in trading. Read a lot about trading and study strategies then apply it in actual trading. Also, limit your way of investing money from your wallet while you still not pros in this field instead join bounties then use the reward you earn in your trading atleast if you loose it will not that painful since you are still familiarizing and learning here.
entrepmind23
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April 22, 2018, 02:28:56 AM
 #43

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!

I don't think a bot will be effective if the one who run it doesn't have a solid strategy to begin with. A bot is set up so that you can catch trades when you are not looking at the charts and you can avoid being emotional when trading but there are times when you have to stop the bot and manually trade because your bot strategy is not effective in the current market situation so you have to do it yourself.

When you cannot profit manually then how can you expect to profit when it is automated. The strategy will be base on manual trading so you need to understand first why you are losing and search a strategy that will work for you. You still need to tweak the bot strategy from time to time to adopt to market situation so I suggest to manually trade and afterwards when you are confident with your strategy, make a bot to do it.

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icecube45
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April 22, 2018, 03:25:41 AM
 #44

I suggest that if you want to use bots in the trade, it's better to use bots that have more features and usually it's expensive, so you have to have big capital first. This will make it easier for you to successfully make a profit in trading. But if you can not buy a bot that has good quality it would be better to trade manually or without bots, this will be more difficult and you should have a good experience. It will take time but I am sure sooner or later if you want to learn it will surely be able to get a good profit in trading without bots. I advise to trade without using bot because it will be more useful for you. You can also try demo accounts on every trading site, now many trading sites provide demo accounts to learn trading from basic. Also seeing crypto trading is very risky so you should be more careful.
QueenOf
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April 22, 2018, 06:01:19 AM
 #45

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!
Have you ever joined some pumper groups or crypto on telegram trading signals?
for beginners I think the best way to reduce risk in trading is to join the telegram group.
Imagine you can save your money instead of buying bots to trade.
Good Luck !!
Caladonian
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April 22, 2018, 06:20:46 AM
 #46

In my opinion , the bot is not good enough for trading, or else the bot will not be sold to you. They can keep the bot to make money for themselves.
I agree.. Nobody would sell a money machine. Op could try to find his own strategy and pay a programmer to make a bot with its strategy specifications.
They created a bot  to lessen our job monitoring the exchange, the bot will do that job for us, we just need to program the system to our target
buying and selling value and the bot will do the rest, just like what you have said if the bot will easily generate money then the developers will
not sell it to keep enjoying their earnings.
Pipshunter (OP)
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April 22, 2018, 07:15:10 AM
 #47

In my opinion , the bot is not good enough for trading, or else the bot will not be sold to you. They can keep the bot to make money for themselves.
I agree.. Nobody would sell a money machine. Op could try to find his own strategy and pay a programmer to make a bot with its strategy specifications.

I think hiring programmer to create my own strategy will cost ton of money and it's not a proven products a. K. a guarantee win bot. I rather trade manually lol. By the way good idea.
Pipshunter (OP)
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April 22, 2018, 07:17:43 AM
 #48

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!
Have you ever joined some pumper groups or crypto on telegram trading signals?
for beginners I think the best way to reduce risk in trading is to join the telegram group.
Imagine you can save your money instead of buying bots to trade.
Good Luck !!
Hey, I do follow few groups back then, not really good for us. The admins team make more money than us, they definitely dump or pump first and you get signal later. I get more loss than profit actually.
minthit
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April 22, 2018, 07:31:25 AM
 #49

There are certain projects that aim to solve problems like yours. I think you should check out them. e.g. Covesting, SignalsNetwork, etc.
farland7
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April 22, 2018, 11:10:30 AM
 #50

Market was going down those weeks, you need to learn more about trading, and then do it. Try to find information about it and try to analyze by yourself without putting money.
whirlcoin
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April 22, 2018, 11:24:17 AM
 #51

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!
I consider skill is enough skill is the main thing to make profits,so we no need to worry about investing on bots,just invest that amount as your investment capital and make more profits.But trading will not be fit for everyone so if it is not works for you then better stop trading if you are facing serious losses and go for holding and that is more profitable in long term.
marciks
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April 22, 2018, 12:47:10 PM
 #52

In my opinion , the bot is not good enough for trading, or else the bot will not be sold to you. They can keep the bot to make money for themselves.
I agree.. Nobody would sell a money machine. Op could try to find his own strategy and pay a programmer to make a bot with its strategy specifications.
They created a bot  to lessen our job monitoring the exchange, the bot will do that job for us, we just need to program the system to our target
buying and selling value and the bot will do the rest, just like what you have said if the bot will easily generate money then the developers will
not sell it to keep enjoying their earnings.

what you described is the best way to use bots imo..

In my opinion , the bot is not good enough for trading, or else the bot will not be sold to you. They can keep the bot to make money for themselves.
I agree.. Nobody would sell a money machine. Op could try to find his own strategy and pay a programmer to make a bot with its strategy specifications.

I think hiring programmer to create my own strategy will cost ton of money and it's not a proven products a. K. a guarantee win bot. I rather trade manually lol. By the way good idea.
It's not that expensive if you find a simple and lucrative technic.. If time is your problem, try to trade in bigger time frames!
squatz1
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April 22, 2018, 03:34:58 PM
 #53

Most bots aren't going to be able to make you money during a bear market, which is the one we were just in, they're just going to try to limit your losses. Bots depend fully on the settings that you give them, so garbage in is going to be garbage out for these bots. In the times of a bull market they may bring in some money, but who knows. I've never trusted bots to do my bidding, I'd rather be in control of my trades.

What if the bot messes up? I don't trust that sort of thing with my money.




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ajiejot
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April 22, 2018, 03:36:36 PM
 #54

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!

Learn first the basic of trading or do some trading demo, there are some website of mobile app that are free, you can demo trading. Watch some youtube videos or read some tutorial or tips on how to trade. Explore this section and you can find more trading tips and improve yourself.
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April 24, 2018, 05:39:10 AM
 #55

In my opinion , the bot is not good enough for trading, or else the bot will not be sold to you. They can keep the bot to make money for themselves.
I agree.. Nobody would sell a money machine. Op could try to find his own strategy and pay a programmer to make a bot with its strategy specifications.

I think hiring programmer to create my own strategy will cost ton of money and it's not a proven products a. K. a guarantee win bot. I rather trade manually lol. By the way good idea.
It is all about the matter of choice. If someone wants to get big profits and he has big money with him then he might involve any bot or something so that bigger profits can be achieved without any mistake but with better strategy. But what if a newbie it is and dent have enough big money, definitely he mustn’t be hiring such bots because in that case you wouldn’t be able to earn anything.
richjohn
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April 24, 2018, 06:47:52 AM
 #56

Senior member and a newbie in crypto trading?! How is it even possible.
Just in case you are starting out fresh, you can consider using a bot but you must be aware of the recent scam that happened on binance where all the people who were using bots ended up losing all their coins during a dump. A computer controlled program is obviously prone to hacking and scamming. So make a wise decision.
Pipshunter (OP)
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May 02, 2018, 12:09:11 AM
 #57

Senior member and a newbie in crypto trading?! How is it even possible.
Just in case you are starting out fresh, you can consider using a bot but you must be aware of the recent scam that happened on binance where all the people who were using bots ended up losing all their coins during a dump. A computer controlled program is obviously prone to hacking and scamming. So make a wise decision.
I'm senior member here in bitcointalk, but never try trading crypto currency. Thanks for the advice I did consider to not use uncertified bot or from trusted source .
Not gonna use bot during crazy pump and dump season to avoid huge losses.
I'm trading manually right now. 
cutikanzilong
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May 02, 2018, 01:24:05 AM
 #58

it is true if we are new in terms of our trading world in the beginning did experience losses first. No way we as a beginner in the world of direct trading earn a lot. We need to learn also the ins and outs of trading and must be smart to analyze a chart. If you do not want to bother analyzing a coin price, my advice follow some sort of trading analysis on the telegram channel
Pipshunter (OP)
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May 03, 2018, 12:26:15 PM
 #59

it is true if we are new in terms of our trading world in the beginning did experience losses first. No way we as a beginner in the world of direct trading earn a lot. We need to learn also the ins and outs of trading and must be smart to analyze a chart. If you do not want to bother analyzing a coin price, my advice follow some sort of trading analysis on the telegram channel

I did follow few signal group in telegram back then the only thing I get is loss and loss. Time is matter for if we following telegram group signal. Always need to be alert. I can't bear the losses anymore and I stopped following their signal. Now I'm just doing my thing ,well at least I make some profit thou.
callingbubblyH
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May 03, 2018, 03:33:20 PM
 #60

As you are a newbie so I think you should not at first start with investment directly. Rather you can earn thorugh bounty and spend those
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