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Author Topic: Trading bots for crypto currency trading  (Read 282 times)
Rendy1298 (OP)
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April 02, 2019, 07:48:02 AM
 #1

Hey I have recently started to take a look at the possibility to trade with cryptocurrencies using trading bots.
I wanted to ask for your oppinion on this subject and about this website : https://monetum.eu/go/trade .
Shatterlean22
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April 02, 2019, 07:54:10 AM
 #2

I haven't use trading bot before and I'm not sure how safe they are but if its a must I think you should check out wolfpack bot ,the project is new and ass kicking as I heard

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livingfree
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April 02, 2019, 08:21:03 AM
 #3

I won't try such bots that is being suggested by a stranger.

There are remarkable and reputable bots in the community that's being tested and used by most but with the one that you suggested. I won't get even a trial of it.

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jaywizzy
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April 02, 2019, 08:35:48 AM
 #4

I just don't believe in using trading bot because is not that reliable most of the time, is better use another method.

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Rendy1298 (OP)
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April 02, 2019, 08:37:34 AM
 #5

Hmm, like what?
toydoll
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April 02, 2019, 12:19:34 PM
 #6

I do not use bots for trading,because I do not trust these programs and their developers.And I myself do not know how to create them (.So while I try to trade myself,manually.
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April 02, 2019, 12:22:41 PM
 #7

You should be very careful with trading bots and select them very carefully. First of all, all the bots will need the API of your exchange and by creating an API, never give the right to withdrawal funds, because it can lead to the loss of your deposit.
carter34
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April 02, 2019, 12:31:08 PM
 #8

I have not used bots to trade because of fear that something might go on the negative. I read someone's experience that the bots went the other way. I'm a bit fidgety about the bot stuff.
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April 02, 2019, 02:01:19 PM
 #9

I have not used bots to trade because of fear that something might go on the negative. I read someone's experience that the bots went the other way. I'm a bit fidgety about the bot stuff.
I suggest you never use a bot when trading because when you use a bot, the trading capital you use can be stolen by the bot owner because the bot owner can enter the bot that you have without your knowledge, so it is better to avoid a huge risk.
Adriano2010
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April 02, 2019, 02:03:25 PM
 #10

I never use bot for trading, maybe they are good but who know, i use in a past a not for gambling with crypto on a site, but i lose all balance and never recover that so i stop use bots, but maybe for trading will work better.
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April 02, 2019, 02:28:52 PM
 #11

I have never make us of trading bot to trade and I can't really say much about its level of risk and benefits but I don't think using trading bot will be less riskier to doing the trading by myself
Jackrodwell
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April 02, 2019, 06:13:25 PM
 #12

I do not use bots for trading,because I do not trust these programs and their developers.And I myself do not know how to create them (.So while I try to trade myself,manually.
For me trading bot is not efficient enough to take some drastic decisions,the program and algorithm design for the bot that what it work with which for me I don't recommend it for trading.
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April 02, 2019, 06:39:57 PM
 #13

I do not think that bots can trade and win all the time even if they win most of the time, one error or lagging or failure in coded strategy will result in washing of your accountbalance so i personally do not recommend bot trading.

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ivaf
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April 03, 2019, 07:26:44 AM
 #14

I do not trust trading bots. In order to use them, it is necessary to understand trading very well. Otherwise, in the case of incorrect settings of the bot,  you can lose everything in just a split second. In addition, there is always a security risk when using the API.
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April 03, 2019, 07:44:30 AM
 #15

I do not trust trading bots. In order to use them, it is necessary to understand trading very well. Otherwise, in the case of incorrect settings of the bot,  you can lose everything in just a split second. In addition, there is always a security risk when using the API.

I agree. I like more to trading with myself, profit and loss is a challenge for me. I don't believe in things related to bots.
Ezenwanyi
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April 03, 2019, 10:57:11 AM
 #16

Although I have not used trading bots to trade before but I have some friends who do.
They resorted to using trading bits because of the nature of their jobs.
Trading bits are good because they can trade for 24hours and not get tired because they are not human beings.

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OluwaTosin10
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April 03, 2019, 12:02:32 PM
 #17

Hey I have recently started to take a look at the possibility to trade with cryptocurrencies using trading bots.
I wanted to ask for your oppinion on this subject and about this website : https://monetum.eu/go/trade .


Newbie suggesting trading and also providing trading bot link = ❌❌
Crypto currency trading is best mastered by learning the graph and also arbitrary too

Ignore newbie with strange links always
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April 04, 2019, 06:05:16 AM
 #18

You will lose money sooner or later when trading with bots, as most of them often do huge mistakes. You should better have a look at other traders' ideas on TradingView. Check lots of them, stay tuned with the market trend.

Learn to recognize by yourself the patterns other traders identify and publish on the network.
Instead of playing with real money, I would recommend you to make use of demo accounts, at least until you own a winning strategy. Also stay away from robotrading and ATS, the only case you are going to make money with it is developing them on your own.

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April 04, 2019, 06:51:19 AM
 #19

Hey I have recently started to take a look at the possibility to trade with cryptocurrencies using trading bots.
I wanted to ask for your oppinion on this subject and about this website : https://monetum.eu/go/trade .



Even with a performing past history of the bot i might still not consider a bot for trading, past results of the bot might just be make up unless you backtest it yourself even so you does not know when the bot will go haywire and make losses.

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April 04, 2019, 06:59:14 AM
 #20

Hey I have recently started to take a look at the possibility to trade with cryptocurrencies using trading bots.
I wanted to ask for your oppinion on this subject and about this website : https://monetum.eu/go/trade .

you have Check first before use stranger bot for trading, so many scamer try to get your money using anything else. you have to try popular trading bot when they legit and save for customer. on that site you have try with other account at small balance, dont do your current account

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