Bots, AI Bots or signals?

[nydiacaskey01]

None of the above mentioned. There should be human intervention on trading. You cant rely on just bots that will trade on your behalf based on your instructions. We always say we should separate our feelings when we trade but in reality, we still need to use it when we trade and thats what Bots doesnt have.

[tharu97]

Hello, I would like to start trading, I am not expert, so maybe the best what I can do is to buy bots which will trade for me.
Do you have some good experience with some bots? Could you kindly recommend me some? Are there some fully automatic trading bots that are trading and earning without any knowledge?
And what about signals? I thought someone here, who is selling signals from 400 channels.
Thank you for your help, I will be your referral if you give me a great tip.

Don't depends on signals or any bots. In a time they all can give wrong market entries. Therefore you have to learn trading strategies. If you become a good market analyzer, losing chance will be decreased 80% of your investment.

[Sergey Minchenko]

Trusting someone else's advice is not the best way to invest. There are much safer and ultimately profitable ways. For example, crypto-indices are a cryptocurrency portfolio based on mathematical models. Currencies compensate each other - if one falls, the other grows. Profits will definitely be more than a newbie. You can do it yourself if it seems too complicated - or you can give it to professionals, for example https://icu.me/en/. The difference between index investing and muddy managers is that everything is transparent and based on mathematics, and not on what has occurred to a person you do not know.

[rickadone]

Okay, okay guys  . It seems that it is not as easy as I thought.
I have heard that many people use 3Commas or Cryptohopper bots, but probably it is also hard to configure them right?
Everyone is talking about DYOR, or learn on yourself, but I have heard that you have to learn about 3-4 years before you start trading. 

For me 3-4 years is just for day trading. For doing long term trading I need couple months of failing learning will really improve your decisions. After 6 months of trading I think you will be kind of a trader. You won‘t make the most amazing decisions and catch everything but I think you will learn what to look for and what not.

That is always the thing with learning how to trade,all by yourself. Most people do not always get that gist, and are usually always looking for shortcuts or easy way out. Sure, bots most times can really help you to trade when you may not even have the chance, and execute your strategy without having to apply any form of emotion, but the thing with bot is that, there are some times, that you may need to fine tune those strategies based on the condition of the market, and trust me, bots don't care about that. The best way to trade, is to know how to trade and you cannot have the technical know-how without learning as much as you can.

[macstrong12]

I have seen some people that use Bots , but wise ones know that they shouldn't put all of their money into some bot , Still they have been made by humans and humans are not perfect , If you don't have time for trading I think Bots are good option .

[farosa]

Hello, I would like to start trading, I am not expert, so maybe the best what I can do is to buy bots which will trade for me.
Do you have some good experience with some bots? Could you kindly recommend me some? Are there some fully automatic trading bots that are trading and earning without any knowledge?
And what about signals? I thought someone here, who is selling signals from 400 channels.
Thank you for your help, I will be your referral if you give me a great tip.

Personally I have never used it and I would not recommend. Bot only fulfills your commands and this sometimes causes bad results. Boots only serve to irritate others. Sometimes I get angry about the boots and when I will rich I am going to sacrifice most of my money to destroy them.

[BlueStackz]

Hello, I would like to start trading, I am not expert, so maybe the best what I can do is to buy bots which will trade for me.
Do you have some good experience with some bots? Could you kindly recommend me some? Are there some fully automatic trading bots that are trading and earning without any knowledge?
And what about signals? I thought someone here, who is selling signals from 400 channels.
Thank you for your help, I will be your referral if you give me a great tip.

You can't do that without the knowledge and insight in crypto trading,
it's not like when you trade in forex or something. in essence, knowledge, experience and analysts are a must that traders have.

That basic knowledge is one thing a lot of people tend to overlook and that has seriously affected their approach to the market generally. You cannot thrive well in this space without having to learn basically all the things you need to and then practicing to see how well you get. Relying on bots, signals or AI is a wrong move.

One thing I have learned over the years is that I can only trust my own judgment and as long as I am able to keep emotion aside, be confident with my strategy and execute it, then I am better off. However, there is no way you can have a strategy without having knowledge first.

[wuvdoll]

None of the above mentioned. There should be human intervention on trading. You cant rely on just bots that will trade on your behalf based on your instructions. We always say we should separate our feelings when we trade but in reality, we still need to use it when we trade and thats what Bots doesnt have.

Well, as much as I agree with that, there are still some times when you may not have much time in your hands to trade the market, and execute your strategy intraday and you will most definitely need a bot to do that for you. However, I also understand that in most cases, when it comes to human, there are some times you will know it is a good time to just stay off the market, and that is one thing bots really will never understand.

As long as things are going with your strategy, they execute it and that sometimes may not lead well, which is why even if you use bots, that does not mean you should just rely on it completely, but at least still monitor the market once in a while to know if you will need to stop your bot based on the current market conditions or not.

[bitgolden]

Hello, I would like to start trading, I am not expert, so maybe the best what I can do is to buy bots which will trade for me.
Do you have some good experience with some bots? Could you kindly recommend me some? Are there some fully automatic trading bots that are trading and earning without any knowledge?
And what about signals? I thought someone here, who is selling signals from 400 channels.
Thank you for your help, I will be your referral if you give me a great tip.

Personally I have never used it and I would not recommend. Bot only fulfills your commands and this sometimes causes bad results. Boots only serve to irritate others. Sometimes I get angry about the boots and when I will rich I am going to sacrifice most of my money to destroy them.

Well, is that not the main reason they are bots? No emotions, just your strategy in place. However, I realize that sometimes it may result to failure as there are some times in the market you may just need to quickly fine tune your strategy based on some of the things you are seeing, and that is one thing bots will never do. You set a command based on one strategy, and they execute it without any emotion.

Sometimes, it can be good and sometimes, it is always not a good thing, so one way or the other, even if you want to use bots, you still need to be able to keep tabs on what is going on with the market and relating it to the behavior of your bot at that moment which is why not knowing how to trade with a good strategy and experience, and trying to use bots will not help.

[DaddyMonsi]

I know 3 bots, Gunbot, Leonardo, CAT and ProfitTrailer. Among the 3 bots Gunbot is the most active around here and they even have a campaign about it (not sure if campaign is still active). Here is the link for more information about the Gunbot https://bitcointalk.org/index.php?topic=1715214.0. I am contemplating on buying a license for the Gunbot but I guess waiting a little bit longer would give me more discounts if they will run a promo this coming Black Friday November 23.

[katerinaliisa]

I believe that it is most effective to trade signals, because I do not trust bots. But the main task is to find people who give good and high-quality signals. Good signals cost money, and rather big. And not all traders who take money, signals quality. Here it is necessary to analyze, and even better to find through their friends. Beware of scams.

[Matthewmorris4]

Hello, I would like to start trading, I am not expert, so maybe the best what I can do is to buy bots which will trade for me.
Do you have some good experience with some bots? Could you kindly recommend me some? Are there some fully automatic trading bots that are trading and earning without any knowledge?
And what about signals? I thought someone here, who is selling signals from 400 channels.
Thank you for your help, I will be your referral if you give me a great tip.

of course not, bots, signals or whatever you call them, I'm sure many people on this forum won't recommend things like that, because it's already a common thing that such bots only benefit the creator / developer, so, we as buyers usually only given initial profit, and later they will give fake signals for various reasons, it's better to trade by your own research and stop depending on bots / AI

[EvilMilk]

Trusting someone else's advice is not the best way to invest. There are much safer and ultimately profitable ways. For example, crypto-indices are a cryptocurrency portfolio based on mathematical models. Currencies compensate each other - if one falls, the other grows. Profits will definitely be more than a newbie. You can do it yourself if it seems too complicated - or you can give it to professionals, for example https://icu.me/en/. The difference between index investing and muddy managers is that everything is transparent and based on mathematics, and not on what has occurred to a person you do not know.

I agree with you. You need to trust either the experts or only yourself. And thanks for the link. There are really interesting offers

[Butonyki]

None of the above mentioned. There should be human intervention on trading. You cant rely on just bots that will trade on your behalf based on your instructions. We always say we should separate our feelings when we trade but in reality, we still need to use it when we trade and thats what Bots doesnt have.

Well, as much as I agree with that, there are still some times when you may not have much time in your hands to trade the market, and execute your strategy intraday and you will most definitely need a bot to do that for you. However, I also understand that in most cases, when it comes to human, there are some times you will know it is a good time to just stay off the market, and that is one thing bots really will never understand.

As long as things are going with your strategy, they execute it and that sometimes may not lead well, which is why even if you use bots, that does not mean you should just rely on it completely, but at least still monitor the market once in a while to know if you will need to stop your bot based on the current market conditions or not.

I think it is quite better for a trader to do trading itself. Don’t forget that loss is there always waiting for your catch up. But what we must do, to confront it and deal it very smoothly.

[pant-79]

I don't want to offend you, but judging by the post, you will not earn in a crypto world. After all, a person who doesn't find the time and internal forces, in order to become better, is doomed to failure.
If you are still interested in my advice, then I recommend you to forget about bots and trading signals. You have something much better than those fictitious opportunities to make money, you have a mind. Just start learning. Do it right now. Start learning the basics: basic technical analysis, basics of working in the crypto market and read news from the world of crypto currencies. This knowledge will give you the basis and understanding of what to do next.
A bot is just a trading program. And if you don't understand what it should do and how specifically, the bot will make you bankrupt. Trading signals are a simple deception. The creators of such groups thus simply earn money from their members.
If you don't want to be deceived, and become a professional, then learn to trade yourself.