Profitability of Trading Bots

[Codex_HTML]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

[mk4]

The profitability of trading bots simply differ from bot to bot, as they have their own indicators and stuff. And yes, trading bots can definitely be very profitable, assuming that the user of the trading bot knows what he's doing in the first place, by tinkering it and making it better as time goes.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.

If the bot you set up is currently doing really well, great. Good job. But don't assume that it will work great forever. This is a common mistake with trading in general, that could potentially end up burning the trader. Just a heads up.

[Wexnident]

Trading bots in general can be helpful to manage trading transactions and the like, but only to the level of management. Bots can't actually offer profit for it's owner in the long term, maybe even short if the market is constantly moving. In the end, users are still required to upgrade or modify their bots regularly to cope with the changes in the market, which I assume you would be doing so as well.

[zeze18]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

Trading bot are varies and their performance based on the algorithm that created by the creators. There are many different condition on the market and it's always dynamic so i think it's impossible for a person created all condition in the market to the bot's algorithm. So i think the win rate of the bots is also based on the market condition and the luck of the users

[MURONDI]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

there are various kinds of bots in trade, if someone can put the bot in the right market conditions it can be very profitable, the point is to use the right bot and at the right time too, because market conditions change so you can't use bots that have just one strategy.

[bassbity]

Trading in bots must be profitable if possible when the market is good and if the pairs of bots are put under market conditions like this it might not be good because prices are still volatile.
Now if you make and provide benefits for you then it's good to do what you can in trading using bots, because most traders now don't like trading bots because if they don't work with them they will lose all of them.

[Kemarit]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

Maybe you can follow this thread: "HCP's (at least) one month long experiment of the Arakne Trading Bot"™. As the title says, HCP is doing some experiment on a certain bot and see how effective it is, (including profitability).

But then again, bots are just means to an end, it still up to the human (in this case yourself) on how to drive it. I haven't try to used bots though, eventhough I trade, I still prefer the old and traditional way.

[Apened]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

It seems to me that bots trading was so indemand and popular right now. However, i still refuse to use any trading bot as i much prefer to use my own skills, knowledge and strategy to make sure that i am the master of my money or funds. I said many times that bot is working but the question is until when and how much profit it will gonna give you.

[TravelMug]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

It seems to me that bots trading was so indemand and popular right now. However, i still refuse to use any trading bot as i much prefer to use my own skills, knowledge and strategy to make sure that i am the master of my money or funds. I said many times that bot is working but the question is until when and how much profit it will gonna give you.

Oh well, It's in demand because you can really make money out of it as long as you know how to set the parameters, and it speed things up, specially if you wanted to see "profits" quicker.

But as far as I know, you need experience in trading before you can gradually move to bots. Because there are certain settings that a newbie might not be familiar with. Every bots is user friendly though, but I believed that it is not for everyone.

[mk4]

Trading in bots must be profitable if possible when the market is good and if the pairs of bots are put under market conditions like this it might not be good because prices are still volatile.

A good trading bot doesn't necessarily need good market conditions to make money. A good trading bot would make money regardless the direction the market is going to. Also, volatility is mostly actually good for traders, as there are more opportunities to make(and of course, lose) money. Bitcoin's volatility is actually the one that often attracts traders outside actual bitcoiners.

[rijaljun]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

It works and it is real.

You can't trust the bot forever as you will have a moment where you are disappointed with the result. You should not totally rely on bot since it doesn't give you real experience in trading. You can use it whenever you have no time to do trading, it is okay but don't use big capital to do it and stay careful of it.

[CodyAlfaridzi]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

Good for you. How long have you been running this bot? Have you include trading fees?

I'm probably as astounded as you if you really could make a profitable bot. I mean it's really hard, especially in an extremely volatile market like crypto. Where did you learn how to do it? What strategy do you use? Please share a little more.

[avatar_kiyoshi]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

For a paid bot, it's work well, I ever to pay in trading bot (it's actually me & my friend) to try the bot. The bot itself offer 1% profit per day, at the first month it's work very well, the profit is not missing, but when there is a shock on the market, the bot starts to get confused, had lost about 2 days (around 3%), after that the bot returned to normal.

Just to remember trading bot is suitable for who wants to invest in trading but have no a lot time. Trading bot is shut down our experience in trading.

[Subbir]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

Trading Bot handle you easily? you can set trading bot when you advance trader bot normally made for multiple advance trader not new traders. If you miss the instructions you will lose Again, you will benefit if the instruction is correct So you have to keep an eye on it.

[pooya87]

one thing that people usually forget about trading bots is that they can not preform magic. for example in the altcoin market that is purely manipulation a human with maximum level of expertise can not make consistent profit as the manipulators would do sudden dumps of shitcoins that will crush traders. best case scenario for a bot here is a faster reaction compared to the human but still loses money and worst case scenario is a bug that leads to bigger losses.
in the end i believe that trading bots in altcoin market can only be used for a small number of very specific strategies otherwise the rest of the strategies specially those depending on analysis of the market won't work well.

[panganib999]

one thing that people usually forget about trading bots is that they can not preform magic.

This. Bots don't bring profit. Bots don't bring strategies. Bots don't bring the future. Bots are just.. well bots. They do functions that you tell them to do and that is that. Comparing that to a live human being trader, bots would lose 10/10 no matter what. Imagine what Bots can do right now in our current state of tech. They only do automated movements or actions that the user has set them to do. Take note of the word "set". They heavily rely on you, the user/trader, for decisions to do and like.

Sure OP, its working, and that's nice. But that's it. Unless your bot could actually learn AI, it isn't much different from the bots out there, and wouldn't provide much help in regards to trading. Sadly enough.

[ryzaadit]

I have a group who someone using a bot, they said the bots was provided by AI and other stuff.

But actualy, a few trade they only have profit 1-2% after that they losed more than 10-50% from their asset and still need to pay a fee service from the bot.

Imagine, you lose the trade + you need to pay the service LOL~

[Lanatsa]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

Ofcourse! Bot does work if you do know on what youre doing but if not then dont expect for those tool to work well but dont expect or does come to a point that you do rely on it 100% when it comes to profit making.

Good thing that the bot you had set-up does give you profits but remember on what i have said that dont fully get too confident on using it up.Always secure out profits and still have that good fund management.

[CarnagexD]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

For a paid bot, it's work well, I ever to pay in trading bot (it's actually me & my friend) to try the bot. The bot itself offer 1% profit per day, at the first month it's work very well, the profit is not missing, but when there is a shock on the market, the bot starts to get confused, had lost about 2 days (around 3%), after that the bot returned to normal.

Just to remember trading bot is suitable for who wants to invest in trading but have no a lot time. Trading bot is shut down our experience in trading.

Did you really pay on using bots? I mean there are some that is free to use though I haven't used any of them yet. But well, we should be wary of what bots are capable of doing trades coz basically bots are just an extension of ours with our settings on it and typically based on the market movement, So there is no accurate percentage of profit at all. On top of those profit you get from 1% or 2% a day, when you lose big time about 10% in a month then it is not healthy anymore, just do the math when you are paying for the bot to work for you relatively to what you are earning on using it.

[AniviaBtc]

I am curious if people have had success with trading bots in cryptocurrency.

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.
Well, if you have also had luck or interesting experiences with trading bots let me know =]. Cheers

Ofcourse! Bot does work if you do know on what youre doing but if not then dont expect for those tool to work well but dont expect or does come to a point that you do rely on it 100% when it comes to profit making.

Good thing that the bot you had set-up does give you profits but remember on what i have said that dont fully get too confident on using it up.Always secure out profits and still have that good fund management.

It still depends in many aspects like what strategies you will set to your trading bot so that while you're not active or busy. Your trading bot will still do what you should do in trading. Bots are made so that if ever you are not active like sleeping, eating, doing office works and etc , your wallet is still working and earning money.