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Author Topic: want trade by bot what do you think are you with bots or not  (Read 798 times)
TheUltraElite
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August 02, 2019, 07:21:13 AM
 #61

I am not great in trading but all I know is that I usually gain profit but not that big as some of the great traders here. I think I will consider Bot to do the trading for me.
This is a wrong approach. If you want to trade then do it on your own rather than using a bot. A bot only automates your order placing and running some algorithms. These bots are the reason Binance Sell walls become so high and make a fake market impact in terms of aggregators like coinmarketcap. Overall they have a bad impact on the crypto economy and neither does using a bot guarantee your profit.

However we have some people who are trying to make money by selling bots. So they will feed any person they can find with their BS propaganda about bots and how they can be used to get profits. They are nothing but lies.

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August 02, 2019, 07:36:20 AM
 #62

If you are very busy with your work, you can automate your trading process with the bot. But you need to have much information to set up the bot so the bot can run properly. I already tried to run with bot although I still monitor by watching the market online, I feel I cannot get something if I use the bots, and that makes me decide to stop the bots. And now, I prefer to make manual trade, and I now use tabtrader to help me trade wherever I stay, and I don't always have to watch the market in front of my monitor.
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