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Author Topic: Trading on the side and looking for bots.  (Read 135 times)
jiarrenetet12 (OP)
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January 20, 2019, 01:09:42 AM
 #1

I just got into cryptocurrency about a month ago and find that trading is really difficult.

I know of a few trading bots like certusbot.com that have nice reviews and i know a few friends that love their bot ,and cryptohopper!!! but i feel like it is really risky to invest in these sort of projects. Does anyone have any recommendations of good bots or trading methods for a noobie. Smiley

Thanks!
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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rengafdere45
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January 20, 2019, 01:19:29 AM
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Hello! I found trading really hard at the start as well, and found luck with discord servers. Many will help teach you new things to learn. And for the crypto bots, I've had a few in the past and some have made profits, but I tend to rely on my own trading so I can learn skills along the way.

I hope i helped!  Smiley haaha
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January 20, 2019, 01:22:56 AM
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No I wouldn't recommend any. It's better if you do it on your own in the beginning so that you will have a good foundation. And then when you gain that experience you can gradually increase your capital and maybe its time to invest your bot. But remember, they still require human interaction, don't rely on them to make profits for you 24 x 7. You need to understand how to set things up and find the suitable method for you.

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toshkan
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January 23, 2019, 03:39:58 AM
 #4

nope u don't need them
Supercrypt
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January 23, 2019, 04:12:02 AM
 #5

I know of a few trading bots like certusbot.com that have nice reviews and i know a few friends that love their bot ,and cryptohopper!!! but i feel like it is really risky to invest in these sort of projects. Does anyone have any recommendations of good bots or trading methods for a noobie. Smiley
You may not rely into bots for end-to-end trading like you have mentioned that you have nothing experienced with trading but you want to "hand-over" all the responsibilities to a bot. It will not work as per many people's experience here. You may believe into a bot up to some levels like even a bot is trading for you, you must be aware of what is happening and what needs to be done if anything unexpected happening. Being blind about trading will not help even you will be equipped with a bot.

I just got into cryptocurrency about a month ago and find that trading is really difficult.
Trading is difficult here but NOT making profits. Yes, you can make easy profits with cryptos but in longer time-frame. If you are ready to hold for years then profits will come and sit into your crypto wallets and it will be all your responsibility to move them into your pockets.
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January 23, 2019, 06:31:00 AM
 #6

-snip-
Does anyone have any recommendations of good bots or trading methods for a noobie. Smiley
Although not recommended, you can use new Exchange with DEMO trading. Using that feature, you'll get fake balance for every available coin upon registration.
What's the difference with a bot? You'll be trading with real people and real-time prices, there's only one problem: there might be no liquidity at all.
It's up to you to find one since I'm not going to endorse any new exchange here (I'm sure that there are exchanges with DEMO).

Or you can pick low-value coin to easy access pairs like  DOGE-BTC and focus on that pair for the time being.
If you somewhat "got the hung of it" and gain confidence, you can now explore more pairs to experiment with.

Just take it slow, one step at a time.

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Reid
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January 23, 2019, 02:43:05 PM
 #7

Why would you do that if you are just starting into trading.
If I am to ask then I wont.
Try to learn first about what is going on in the crypto industry and then maybe you may start what you want.

Look, even if you have that bot that you want and put it in the best settings, if the value of every token suddenly goes down then there wont be anything left for you.
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