Hi Guys , Can anybody send me a good link to a good Gunbot tutorial . Saw a few on youtube but as i am a novice still finding it difficult to understand . many thanks John
Your use of topic subject seems misleading. I thought the topic was about using Bitcoin with some robots. The correct subject is Bitcoin bots.
This bot is famous so you'll find a lot of educational videos, you should know where to look and from whom you trust:
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Gunbot tutorials/ -
Gunbot tutorial and basics crypto trading botANN link ---->
🔥🔥🔥🔥🔥[GUNBOT] Automatic Crypto Trading Bot - now with BITMEX🔥🔥🔥🔥🔥 Devolper PM
GUNBOTYou should learn some trading strategies and some ways to predict the direction of prices. It's not simply buying low and selling high.
I also thought the same but to be fair bot is short for robot so the OP isn't wrong. In my head I had pictures of this automatic robot holding bitcoin and moving around being all robotic-like. I am too afraid of using a bot but I can see how it can be useful since U have missed good trades since I was asleep. -_-
Might also help to understand that these bots are actually only automating methods and strategies that you yourself have to specify.
It is not going to magically trade for you, it will only automate the process you would otherwise have manually done yourself. So that means you have to specify the rules, in a script. And the bot will execute orders if the market conditions are met.
You can of course just import or use pre-set scripts, but if you don't know what you're doing, especially on leverage, you'd just as easily automate the wiping out of your Bitcoin balance.
Yes, they only automating buy and sell orders according to your configurations. Too many people keep thinking a bot is like some sort of interest gaining script that just compounds its own trades over and over daily.
They good for inflating orders or keeping a currency at a certain price by pumping it when it drops or vice versa. "you'd just as easily automate the wiping out of your Bitcoin balance." this is why I do not use bots.