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Author Topic: Bot or not?  (Read 3076 times)
feelingfroggy
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August 19, 2018, 05:31:20 AM
 #61

I use a bot for all my trading.  This way I can set my rules and walk away.  If I don't use the bot I tend to get creative and ignore my rules.  When I use the bot my main weakness is eliminated.  My profits has increased by double since I switched over. 

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SirLancelot
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August 21, 2018, 05:43:41 AM
 #62

Hello,
I am reading everywhere that most of the trading bots are scam. Is that true? Is there somwhere any real bot which can be really profitable and should you have deep knowledge in trading and trading platforms to use it ?
Thank you all!
BR

If you are planning to use trading bot, for me it is not good idea because not all the trading bot can monitor the prices in the market if others are saying that they can monitor, yes they can but they cannot monitor it for 24/7 so do not depend on the trading bot and not all the work of the trader can do by the bot. So for me I do not agree and suggest the bot.
A trader should not depend on such tools. Nothing can compare a human brain. Bots do not learn as fast as our brain can. These have many problems. Digital market is very volatile. All the changes are unexpected and abrupt ones. Artificial intelligence cannot work very efficiently in such a real time where conditions keep on changing. Crypto trading is a tough job.

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August 21, 2018, 06:02:11 AM
 #63

If indeed profitable form BOT, I think they do not spend it for us
or if you want to use, there must be a huge amount. This is very risky.
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August 21, 2018, 06:07:21 AM
 #64

many people use it or not.. but i don't good experience on bot.. who is the experienced person they should be use bot . but many bot is scam, otherwise u can earn good profit from bot.
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August 25, 2018, 02:18:00 PM
 #65

The swindlers a lot not only in trading bots but also in crypto currency trade. Also every trade system has a own time and place. Why do some body will be to sell good bot?
impulse709
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August 25, 2018, 03:09:00 PM
 #66

Some of them are scams, some are not. Anything have good side and bad side, so not all the bot are scam. But public bot and its guarantee profit have high risk, traders should avoid these.
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October 05, 2018, 08:46:47 AM
 #67

Yes i heard about bot software for crypto trading, and there many trader use it to trade crypto by automaticly buy and sell. But i heard for the advanced bot the price is very expensive about $6500. We can see now the price of crypto going up and down at the sametimes, and i think that because many trader use bot trading.

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Melissa Smile
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December 24, 2018, 04:14:16 AM
 #68

I have some previous experience in the financial markets and prefer to use manual trading, but with using special trading terminals for intelligent and convinient trading.
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December 24, 2018, 03:43:36 PM
 #69

I have been using BmyBit with some success for a while and I am now using Yanda.io (you can see that from the signature). They are looking for users to test their design and UX. You can still subscribe there for free as soon as you provide feedback on how to improve their interfaces.

On yanda i made good profits lately. In fact, they are using the same technology of BmyBit but with the aim of smoothing the experience of the traders.

Let me know if you will try it out!
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December 24, 2018, 04:25:34 PM
 #70

you should be able to be careful when you want to trade, do not let you rely on bots because it can make your trading capital become lost, you better do it yourself.
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December 24, 2018, 05:20:18 PM
 #71

It's not possible for all bots trading platforms to be scams,but it emits a whole lot of risk,same as manual trading though.
But if you ask me it's much better and safer to trade manually,and without the use of an automatic computer(Bot)
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December 25, 2018, 05:09:26 AM
 #72

I could not imagine leaving my trading in the hands of a bot.  Especially not being able to closely understand the coding which runs it.  I much rather do this with my own organic matter. 
I think it's much better? because you can avoid the risk of some kind of emotional feeling in trade, because that one thing that affects the results in trading, if you use a bot you can also work on the other side, of course it's better right?
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December 25, 2018, 08:11:35 AM
 #73

It's not possible for all bots trading platforms to be scams,but it emits a whole lot of risk,same as manual trading though.
But if you ask me it's much better and safer to trade manually,and without the use of an automatic computer(Bot)
Yes, not all the trading bots are scam but at the same time you cannot expect them to get your profits all the times of trading. A bot is nothing but few programming codes and it works based on some criteria and market conditions. If those criteria and conditions will be meeting, it will make a trade for you but there will be no guarantee that bot will withstand some unexpected market condition after opening a position for you.

You may call a loss booking bot as a scam. But, you need to understand that no one could make profits all the times hence a programming code also. If you are able to make profits overall like at the end of the month with bot trading, then you may go for continuing with it.

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December 25, 2018, 09:50:22 AM
 #74

I am interested in an interexchange arbitrage bot. Any suggestions? Currently looking at haas. Anybody using it?
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December 25, 2018, 11:04:51 AM
 #75

I am interested in an interexchange arbitrage bot. Any suggestions? Currently looking at haas. Anybody using it?

Better to not pay any membership to any bot that exists at the moment, you will be deceived after all, it is not worth to invest your money on that kind of stuff.
Better to make your own trades and to control the risk by yourself, that is the best strategy after all.
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