Bitcoin Forum
November 11, 2024, 07:49:12 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Automated trading  (Read 359 times)
Daytrader177 (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
June 05, 2019, 11:21:58 AM
 #1

Hi everyone,

This is my first post…I tried browsing the forum, but couldn’t find info I needed.

Has anyone tried using automated software for trading? I’ve came across to these platforms. They both say they need their tokens to run..honestly I haven’t heard of these tokens before. One of them supports backtesting, and the other one has forward testing as well. What is your experience with this type of trading, or can you recommend something else I should take a look at..

1.   https://kryll.io/ - Supports trading on Binance, Bittrex and Liquid
2.   https://www.dapowerplay.com/services/dpp-platform - Supports trading on Binance, Bittrex, Bitstamp, HitBTC and Tokens

Thanks!
davis196
Hero Member
*****
Offline Offline

Activity: 3150
Merit: 937



View Profile
June 05, 2019, 11:59:49 AM
 #2

Hi everyone,

This is my first post…I tried browsing the forum, but couldn’t find info I needed.

Has anyone tried using automated software for trading? I’ve came across to these platforms. They both say they need their tokens to run..honestly I haven’t heard of these tokens before. One of them supports backtesting, and the other one has forward testing as well. What is your experience with this type of trading, or can you recommend something else I should take a look at..

1.   https://kryll.io/ - Supports trading on Binance, Bittrex and Liquid
2.   https://www.dapowerplay.com/services/dpp-platform - Supports trading on Binance, Bittrex, Bitstamp, HitBTC and Tokens

Thanks!

I think that such trading software requires API keys,in order to run properly with the desired platforms.
I've never used autotrading bots,because I don't do short term day trading.If you want to perform day trading and "scalping", some bot that runs 24/7 is mandatory.Otherwise,you don't need such tool

Daytrader177 (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
June 05, 2019, 12:17:48 PM
 #3

Thank you davis196 for your reply.
Actually, the scalping is exactly why I’m browsing the automated trading. The BTC price change in 24h is around 1,4%, and in last 14 days almost 10%... so in this market conditions there is probably opportunity to make profit on market price changes. I know there are professional bots out there (unfortunately I do not possess programing knowledge), but now I see these drag’n drop platforms, so I was wondering has anyone tried using them…do they work?
Slow death
Legendary
*
Offline Offline

Activity: 3192
Merit: 1130


Leading Crypto Sports Betting & Casino Platform


View Profile
June 05, 2019, 12:38:46 PM
Merited by milewilda (1)
 #4

Thank you davis196 for your reply.
Actually, the scalping is exactly why I’m browsing the automated trading. The BTC price change in 24h is around 1,4%, and in last 14 days almost 10%... so in this market conditions there is probably opportunity to make profit on market price changes. I know there are professional bots out there (unfortunately I do not possess programing knowledge), but now I see these drag’n drop platforms, so I was wondering has anyone tried using them…do they work?

Read these threads:

【BOT】 🌟 C.A.T. Cryptocurrency Automatic Trader 5.2 🌟

🔥🔥🔥🔥🔥[GUNBOT] Automatic Crypto Trading Bot - now with BITMEX🔥🔥🔥🔥🔥

margin - Bitcoin Trading Bot: Binance, Coinbase Pro, Bittrex, HitBTC, Bitfinex..

I hope I was helpfull

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
milewilda
Legendary
*
Offline Offline

Activity: 3290
Merit: 1156



View Profile
June 05, 2019, 01:23:14 PM
 #5

Thank you davis196 for your reply.
Actually, the scalping is exactly why I’m browsing the automated trading. The BTC price change in 24h is around 1,4%, and in last 14 days almost 10%... so in this market conditions there is probably opportunity to make profit on market price changes. I know there are professional bots out there (unfortunately I do not possess programing knowledge), but now I see these drag’n drop platforms, so I was wondering has anyone tried using them…do they work?

Read these threads:

【BOT】 🌟 C.A.T. Cryptocurrency Automatic Trader 5.2 🌟

🔥🔥🔥🔥🔥[GUNBOT] Automatic Crypto Trading Bot - now with BITMEX🔥🔥🔥🔥🔥

margin - Bitcoin Trading Bot: Binance, Coinbase Pro, Bittrex, HitBTC, Bitfinex..

I hope I was helpfull
It is much more better to take this suggestion Op rather than focusing into those links you have posted atleast these Bots are way more popular than to those you had mentioned.

What you mean about needing their own tokens to run?If they do ask out on purchasing up their tokens then its better to avoid i were you.

xvids
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 301



View Profile
June 05, 2019, 01:39:20 PM
 #6

I don't use bots to trade it is much more better to do it on your own.
You shouldn't rely too much on bots learning is much more better.
Your knowledge and skill would always be better  because you would only rely on your own.

Slow death
Legendary
*
Offline Offline

Activity: 3192
Merit: 1130


Leading Crypto Sports Betting & Casino Platform


View Profile
June 05, 2019, 01:58:22 PM
 #7

It is much more better to take this suggestion Op rather than focusing into those links you have posted atleast these Bots are way more popular than to those you had mentioned.

The link he posted is from projects that do not seem to me to be successful:

2.   https://www.dapowerplay.com/services/dpp-platform - Supports trading on Binance, Bittrex, Bitstamp, HitBTC and Tokens

https://etherscan.io/token/0x01b3ec4aae1b8729529beb4965f27d008788b0eb

[ANN] [DPP] Digital Assets Power Play - Creating a Democratized Wall Street


1.   https://kryll.io/ - Supports trading on Binance, Bittrex and Liquid

[ANN]🔥🔥 KRYLL.IO -Automated crypto trading strategies made simple 🔥🔥


https://app.liquid.com/exchange/KRLBTC


..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Ranly123
Full Member
***
Offline Offline

Activity: 952
Merit: 104


★777Coin.com★ Fun BTC Casino!


View Profile
June 05, 2019, 02:24:19 PM
 #8

Thank you davis196 for your reply.
Actually, the scalping is exactly why I’m browsing the automated trading. The BTC price change in 24h is around 1,4%, and in last 14 days almost 10%... so in this market conditions there is probably opportunity to make profit on market price changes. I know there are professional bots out there (unfortunately I do not possess programing knowledge), but now I see these drag’n drop platforms, so I was wondering has anyone tried using them…do they work?


There are lots created for trading our tokens but it would be a lot safer to personally do the trade than letting a bot do it.

Daytrader177 (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
June 05, 2019, 02:53:39 PM
 #9

Thank you Slow death and milewilda for suggestions, I’ll be sure to take a look. However, I like Kryll and Dapowerplay project as it seems to me much convenient to use, as I can create my own “strategies” and have better control (at least this is my understanding).
@Slow death - I can see that Kryll platform is live from last year and Dapowerplay has launched their service few weeks ago.
@milewilda – both platforms require KRL or DPP token to be deposited to the platform in order for strategies to work


Thank you davis196 for your reply.
Actually, the scalping is exactly why I’m browsing the automated trading. The BTC price change in 24h is around 1,4%, and in last 14 days almost 10%... so in this market conditions there is probably opportunity to make profit on market price changes. I know there are professional bots out there (unfortunately I do not possess programing knowledge), but now I see these drag’n drop platforms, so I was wondering has anyone tried using them…do they work?

Read these threads:

【BOT】 🌟 C.A.T. Cryptocurrency Automatic Trader 5.2 🌟

🔥🔥🔥🔥🔥[GUNBOT] Automatic Crypto Trading Bot - now with BITMEX🔥🔥🔥🔥🔥

margin - Bitcoin Trading Bot: Binance, Coinbase Pro, Bittrex, HitBTC, Bitfinex..

I hope I was helpfull
It is much more better to take this suggestion Op rather than focusing into those links you have posted atleast these Bots are way more popular than to those you had mentioned.

What you mean about needing their own tokens to run?If they do ask out on purchasing up their tokens then its better to avoid i were you.
Daytrader177 (OP)
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
June 05, 2019, 03:04:45 PM
 #10

@xvids & @Ranly123 - I also share your opinion. Somehow, it frightens me to put my money to bots, even if they’ve had positive performance until now. That is why I’m exploring options… I’ll probably give it a try and share my feedback.

Thank you davis196 for your reply.
Actually, the scalping is exactly why I’m browsing the automated trading. The BTC price change in 24h is around 1,4%, and in last 14 days almost 10%... so in this market conditions there is probably opportunity to make profit on market price changes. I know there are professional bots out there (unfortunately I do not possess programing knowledge), but now I see these drag’n drop platforms, so I was wondering has anyone tried using them…do they work?


There are lots created for trading our tokens but it would be a lot safer to personally do the trade than letting a bot do it.
Pursuer
Legendary
*
Offline Offline

Activity: 1638
Merit: 1163


Where is my ring of blades...


View Profile
June 05, 2019, 03:22:27 PM
 #11

automated trading should only be done when you have 100% control not give up your control to another "platform" that does it for you. which means in my opinion using the worst bot (that would be a desktop application you run on your computer) is so much better than using these websites not to mention safer.

Only Bitcoin
mersal
Member
**
Offline Offline

Activity: 1204
Merit: 38


View Profile
June 05, 2019, 04:25:46 PM
 #12

Hi everyone,

This is my first post…I tried browsing the forum, but couldn’t find info I needed.

Has anyone tried using automated software for trading? I’ve came across to these platforms. They both say they need their tokens to run..honestly I haven’t heard of these tokens before. One of them supports backtesting, and the other one has forward testing as well. What is your experience with this type of trading, or can you recommend something else I should take a look at..

1.   https://kryll.io/ - Supports trading on Binance, Bittrex and Liquid
2.   https://www.dapowerplay.com/services/dpp-platform - Supports trading on Binance, Bittrex, Bitstamp, HitBTC and Tokens

Thanks!
There are many bots available for you to automate your trading and but it might not suitable for you to start with because it needs laptop skills to handle loss and profit if you didn't manage it well then you will close all all of your money in no time. One of the reputed trading bot is gunbot as far as I know.
jhongzjhong
Full Member
***
Offline Offline

Activity: 798
Merit: 109


https://bmy.guide


View Profile
June 05, 2019, 04:50:37 PM
 #13

I have just only a piece of reminder OP even I am not an expert on automated tradings tools, be careful of using API that might lead you from a hack. I had a friend saying that problem to me, his account was accessed with someone else. And that probably was already reading by them. That's why I don't like sharing my API from the account of your exchange.

Ailmand
Hero Member
*****
Offline Offline

Activity: 1274
Merit: 519


Coindragon.com 30% Cash Back


View Profile
June 05, 2019, 10:23:58 PM
 #14

Don't rely on trading bots. They couldn't provide you profitable trading more than you do. You better do trading in your own way. Don't rely things on automated trading when you can do it on your own and normal way. It would be a bigg risk.

MakeMoneyBtc
Full Member
***
Offline Offline

Activity: 1092
Merit: 117


View Profile
June 05, 2019, 10:32:03 PM
 #15

Hi everyone,

This is my first post…I tried browsing the forum, but couldn’t find info I needed.

Has anyone tried using automated software for trading? I’ve came across to these platforms. They both say they need their tokens to run..honestly I haven’t heard of these tokens before. One of them supports backtesting, and the other one has forward testing as well. What is your experience with this type of trading, or can you recommend something else I should take a look at..

1.   https://kryll.io/ - Supports trading on Binance, Bittrex and Liquid
2.   https://www.dapowerplay.com/services/dpp-platform - Supports trading on Binance, Bittrex, Bitstamp, HitBTC and Tokens

Thanks!
Both websites that you shared links to just offer you a service where you can create and test different strategies using multiple tools they have. So they don't offer you automated bots that you can run by yourself and make profits unless you buy it from them. Honestly I don't recommend you to buy this kind of strategies unless it is from a very trusted source that you know well. Think about it like this,if someone has a bot and a strategy that's working really well for him them why would he sell it to other people instead of him just using it to make profit? Because by selling his strategy all he is doing is increasing the risks of trading websites detecting it and then find a way to block his transactions. So most automated bots that really work are either not for sell or they are very expensive so that not anyone can afford it and those who can are not going to share it further to their friends because they paid lots of money for buying it
CryptoBry
Sr. Member
****
Offline Offline

Activity: 1008
Merit: 355



View Profile
June 06, 2019, 02:49:33 AM
 #16

Hi everyone,

This is my first post…I tried browsing the forum, but couldn’t find info I needed.

Has anyone tried using automated software for trading? I’ve came across to these platforms. They both say they need their tokens to run..honestly I haven’t heard of these tokens before. One of them supports backtesting, and the other one has forward testing as well. What is your experience with this type of trading, or can you recommend something else I should take a look at..

1.   https://kryll.io/ - Supports trading on Binance, Bittrex and Liquid
2.   https://www.dapowerplay.com/services/dpp-platform - Supports trading on Binance, Bittrex, Bitstamp, HitBTC and Tokens

Thanks!
Both websites that you shared links to just offer you a service where you can create and test different strategies using multiple tools they have. So they don't offer you automated bots that you can run by yourself and make profits unless you buy it from them. Honestly I don't recommend you to buy this kind of strategies unless it is from a very trusted source that you know well. Think about it like this,if someone has a bot and a strategy that's working really well for him them why would he sell it to other people instead of him just using it to make profit? Because by selling his strategy all he is doing is increasing the risks of trading websites detecting it and then find a way to block his transactions. So most automated bots that really work are either not for sell or they are very expensive so that not anyone can afford it and those who can are not going to share it further to their friends because they paid lots of money for buying it

I have been thinking myself on automated trading software and really wondering if those can work to produce the gains that I am dreaming. As always there will be advantages (I think) and disadvantages so it is till up to the trader to adjust and learn. However, we know that the best thing to do is never use any software at all and just invest time and effort to learn trading.

Julunguul
Member
**
Offline Offline

Activity: 473
Merit: 11


View Profile WWW
June 06, 2019, 04:59:39 AM
 #17

Hi everyone,

This is my first post…I tried browsing the forum, but couldn’t find info I needed.

Has anyone tried using automated software for trading? I’ve came across to these platforms. They both say they need their tokens to run..honestly I haven’t heard of these tokens before. One of them supports backtesting, and the other one has forward testing as well. What is your experience with this type of trading, or can you recommend something else I should take a look at..

1.   https://kryll.io/ - Supports trading on Binance, Bittrex and Liquid
2.   https://www.dapowerplay.com/services/dpp-platform - Supports trading on Binance, Bittrex, Bitstamp, HitBTC and Tokens

Thanks!

No, things that smell like bots and software really don't help at all. More victims than those who get profit using this kind of software. iindeed some markets may have been inserted bots, but the bots are only average fishing buy / sell orders. This type of trading will only look profitable at the first time, then you will see how dark this thing.
xvids
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 301



View Profile
June 06, 2019, 09:33:14 PM
Last edit: June 06, 2019, 10:15:38 PM by xvids
 #18

@xvids & @Ranly123 - I also share your opinion. Somehow, it frightens me to put my money to bots, even if they’ve had positive performance until now. That is why I’m exploring options… I’ll probably give it a try and share my feedback.


I just found it much more efficient to use our own skill and knowledge in trading rather than relying on a bot.
It would enhance our knowledge and skill experience is the best teacher in life so don't worry about a thing there would always be a mistake in order to learn.
It is much more better and you would feel proud about it since it is your own skill that let you earn your profit.

blackhawkeye1912
Sr. Member
****
Offline Offline

Activity: 784
Merit: 250


View Profile
June 06, 2019, 10:05:09 PM
 #19

You need to read reviews about automated trading platforms. There are advantages and disadvantages that you need to take into considerations. Also need to be cautious about scammers. Better to do reasearch before using. The automated system might be not that reliable and secured. In short, study the platform first.
79b79aa8d5047da6d3XX
Full Member
***
Offline Offline

Activity: 660
Merit: 101


Colletrix - Bridging the Physical and Virtual Worl


View Profile
June 07, 2019, 05:33:04 AM
 #20

If you want to go into automated trading then you need to buy and use the bot urself. i won't advice you to let another platform trade for you . You might gey cheated as it is not transparent enough. Make sure you are on total control of it

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!