Bot for trading - arbitrage

[Woodstokc]

Good day everyone
I just would like to get an opinion about the BOT that by arbitrage mainly, but not only, are able to trade 24/7.
Personally I just try a telegram bot, min invest 0,0001 BTC, the ROI seems to be very profitable, the chat seems to be full of guy whit proof of payment but personally I’m still waiting the minimum time in order to request the withdrawal.

Did anyone of you try to use a bot in a similar way?
What is your opinion about?
Any suggested ‘tested’ bot to share?

[1714862133]

1714862133

[1714862133]

1714862133

[Vaskiy]

I haven't got used to any such trading bots, with trading certain decisions made by human can't be done by bots. These bots were coded to buy when certain price point is achieved and sell when furthermore price is reached. From my personal opinion bots were used much by users getting into trading competitions which isn't possible with human.

[Inu.Guren]

until today i never using bot for my trading activites, any decision are made by me, but for arbitrage i just used free tool from internet for monitoring price from few exchgane and used for arbitrage, using bot is highest risk than trading using your decision

[r32godzilla]

Hello, I am using (testing) Zignaly for few days and surprised at the results. Zignaly now has offer, they are free for 30 days and after that there is smaill monthly payment. But everything is totally automated, so in my opinion it is worth to pay that something will do a job for you.  

[Woodstokc]

Could you please give us a feedback about zignaly since you are testing it?

[TastyChillySauce00]

Good day everyone
I just would like to get an opinion about the BOT that by arbitrage mainly, but not only, are able to trade 24/7.
Personally I just try a telegram bot, min invest 0,0001 BTC, the ROI seems to be very profitable, the chat seems to be full of guy whit proof of payment but personally I’m still waiting the minimum time in order to request the withdrawal.

Did anyone of you try to use a bot in a similar way?
What is your opinion about?
Any suggested ‘tested’ bot to share?

Im using gunbot and so far I never encountered a serious problem. you should not trust any suspicious bot. you must be careful with it there was a lot of fake testimony that created by the same person dude. You should aware of that.

[slaman29]

Good day everyone
I just would like to get an opinion about the BOT that by arbitrage mainly, but not only, are able to trade 24/7.
Personally I just try a telegram bot, min invest 0,0001 BTC, the ROI seems to be very profitable, the chat seems to be full of guy whit proof of payment but personally I’m still waiting the minimum time in order to request the withdrawal.

Did anyone of you try to use a bot in a similar way?
What is your opinion about?
Any suggested ‘tested’ bot to share?

It doesn't work. Period.

People confuse bots a lot. Bots make sure your strategies are automated and can trade based on the precise instructions you give to it. So if you identify arbitrage opportunities you can try and use bots to take advantage. But it is a difficult plan. You buy at one place and sell at another, it has to be at the same time and same volumes. And then you still have to account for fees.

[r32godzilla]

Could you please give us a feedback about zignaly since you are testing it?

As I said, I was amazed about the results. With the scalping free signals I am making a good profit 1% per trade, but I can give you better feedback afte a month of using.

[Caladonian]

Good day everyone
I just would like to get an opinion about the BOT that by arbitrage mainly, but not only, are able to trade 24/7.
Personally I just try a telegram bot, min invest 0,0001 BTC, the ROI seems to be very profitable, the chat seems to be full of guy whit proof of payment but personally I’m still waiting the minimum time in order to request the withdrawal.

Did anyone of you try to use a bot in a similar way?
What is your opinion about?
Any suggested ‘tested’ bot to share?

It doesn't work. Period.

People confuse bots a lot. Bots make sure your strategies are automated and can trade based on the precise instructions you give to it. So if you identify arbitrage opportunities you can try and use bots to take advantage. But it is a difficult plan. You buy at one place and sell at another, it has to be at the same time and same volumes. And then you still have to account for fees.

Understanding those information will give you some hint, bot really helps to find opportunities but still the traders that will assign when the bot will works, there's still knowledge that's needed in order to work things out according to your plans, if you want to take some risk just use spare money
that you can afford to forget, try and test available bots and see it by yourself, in anyhow, there's a perfect one that will suit you and will help you,
you need to continue and allow yourself to take some edge.

[r32godzilla]

There is my result after a week of trading on Zignaly platform (currently free):


I hope that this bot will continue with good results. If someone is interested I can give you more informations.

[icalical]

I have tried several arbitrage platforms and trust me it is not a good idea, the best thing that could happen is you will never get any profit or even you lose. There are many worse possibilities like it end up being an exit scam, or they will use all of your crypto to buy their own token, without your consent. There are many another easy way to arbitrage, you can find some arbitrage tool that analyze the cryptocurrency price in several crypto exchanges market, and it is better than using bot. You still take your own decision.

[AgentZero23]

I've been looking a reliable trading with cheaper fee and some traders are getting profits on bot trading. I have a difficulty in manual trading and having a bot that trades for me would be great. Looking at the comments in this thread, I'm hesitant to try some recommendations and would wait for Jade a product of Dropil. It's also a trading bot and I can't wait for it to be released.

[South Park]

Good day everyone
I just would like to get an opinion about the BOT that by arbitrage mainly, but not only, are able to trade 24/7.
Personally I just try a telegram bot, min invest 0,0001 BTC, the ROI seems to be very profitable, the chat seems to be full of guy whit proof of payment but personally I’m still waiting the minimum time in order to request the withdrawal.

Did anyone of you try to use a bot in a similar way?
What is your opinion about?
Any suggested ‘tested’ bot to share?

It doesn't work. Period.

People confuse bots a lot. Bots make sure your strategies are automated and can trade based on the precise instructions you give to it. So if you identify arbitrage opportunities you can try and use bots to take advantage. But it is a difficult plan. You buy at one place and sell at another, it has to be at the same time and same volumes. And then you still have to account for fees.

Arbitrage can be profitable but it is way harder than what many people imagine, your timing needs to be perfect but there are several drawbacks that are very significant which makes this strategy not as profitable as it may seem at first glance, probably the most important is that you need a huge amount of money to make decent profits with arbitraging and even more importantly if one of the exchanges in which you are trading becomes a scam then you could lose months or even years of effort in a single day.

[michellee]

There is my result after a week of trading on Zignaly platform (currently free):


I hope that this bot will continue with good results. If someone is interested I can give you more informations.

I tried to register at Zignaly platform, but I confuse on how much the minimum I should have before trading and how to set the bot. Then, I visit the Provider setting, and I see that many of the signals that need to subscribe by monthly, and it's not cheap for me.

But from your image, I see that you are using more than 2 btc as the balance to start with the bot. I think the subscription for Zignaly is not too big because it's only $12/month.

[Erickan]

I don't know much about bot, but I'm sure that bot are not for all traders. The bot is a tool to automate commands set by the user, thus requiring the trader to have a clear and experienced strategy. I think if not the person who is knowledgeable about bot, we'd better trade manually.

[r32godzilla]

There is my result after a week of trading on Zignaly platform (currently free):


I hope that this bot will continue with good results. If someone is interested I can give you more informations.

I tried to register at Zignaly platform, but I confuse on how much the minimum I should have before trading and how to set the bot. Then, I visit the Provider setting, and I see that many of the signals that need to subscribe by monthly, and it's not cheap for me.

But from your image, I see that you are using more than 2 btc as the balance to start with the bot. I think the subscription for Zignaly is not too big because it's only $12/month.

No, I am using only 0.36BTC for it. I am trying it for the first month which is free but I will pay subscription next month because it seems that is really working. But also when you pay Zignaly you should also pay to signals providers. And most of them ask 20usd monthly. So at the end it is not cheap, you are right.  

[coco23]

how do you use this bot exactly? And how do you get your coins in? Do you have to send them to the platform?
I probably wouldn't participate in sth like this as the platform admin can always run away with your coins... Either an opensource bot on my own PC with my own coins (is there even sth like it?) or I would stay away from it...

[r32godzilla]

how do you use this bot exactly? And how do you get your coins in? Do you have to send them to the platform?
I probably wouldn't participate in sth like this as the platform admin can always run away with your coins... Either an opensource bot on my own PC with my own coins (is there even sth like it?) or I would stay away from it...

I have coins stored on Binance and this bot is automatically trading via Binance API.
I am not using stop-loss feature because I believe that one day all trades will end in green numbers.

[Reid]

How do we know what the hell is that bot?

I doesnt look pricy too you but it will be once 100 users just like you pays the same amount.
He will be having like .01 BTC without even making a sweat.
He just needs to sell that program bot which we dont know could be fake or maybe not.

If I were you I'd be careful doing those kind of trades.

[r32godzilla]

How do we know what the hell is that bot?

I doesnt look pricy too you but it will be once 100 users just like you pays the same amount.
He will be having like .01 BTC without even making a sweat.
He just needs to sell that program bot which we dont know could be fake or maybe not.

If I were you I'd be careful doing those kind of trades.

I was also afraid about using zignaly, but after many missed opportunities I tried it. And I do not regret it.
I am not from the team or giving you ref link, it is just my personal experience and it is up to you if you trust me or not.