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Author Topic: Arbitrage bot or not?  (Read 216 times)
SheriffEl (OP)
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December 23, 2019, 12:44:00 PM
 #1

I have recently started arbitrage trading since i found a platform that displays arbitrage pairs.

My question is do you guys use bots for such trading or do you do it manually?

If you are using bots, can you recommend some?
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December 23, 2019, 01:00:59 PM
 #2

Me personally i like doing things manually, maybe because i didnt even try doing it with bots.

I find it relaxing actually to play with small amounts of money haha.
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December 23, 2019, 01:12:49 PM
 #3

Maybe for some people who are busy with activities so there is almost no time to trade so use bots. and for me, I prefer to trade manually, because I better understand the movement of charts in depth and full experience. after all, trading using bots is not free, you have to pay and if one day you find a bug, that's what I'm worried about.

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December 23, 2019, 01:15:16 PM
 #4

If you have used bots in Arbitrage trading, how do you feel?

I have never done any bot in Arbitrage or trade better what I feel is very simple, there are so many bots but I don't recommend this because it will produce bad if it doesn't work well So do with what you can and learn it .

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December 23, 2019, 01:26:08 PM
 #5

I have nothing to do with bots. So I looked at the forum and found this one: https://bitcointalk.org/index.php?topic=2915164.msg30011231#msg30011231
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December 23, 2019, 01:27:29 PM
 #6

I have recently started arbitrage trading since i found a platform that displays arbitrage pairs.

My question is do you guys use bots for such trading or do you do it manually?

If you are using bots, can you recommend some?

Are you a busy person or not? If not best to do it manually since you can monitor on what is the current happening aswell you may have on idea on how to counter the bad market. And doing a automated trades can give a huge risk but not unless you can really risk your money since if not don't do automate because the risk for doing that are more higher since you cannot see the lapses on the current situation.

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December 23, 2019, 01:27:56 PM
 #7

I have recently started arbitrage trading since i found a platform that displays arbitrage pairs.

My question is do you guys use bots for such trading or do you do it manually?

If you are using bots, can you recommend some?

Arbitrage means trading between exchanges and i don't think the bots could do this. I just ever saw bots trading with one exchange buy and sell with only one exhange. If the bots could track many exchanges price and monitor many coins, the bot algorithm must be crazy and i'm sure there will be bugs on the bots.
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December 23, 2019, 01:32:13 PM
 #8

I do it manually because I do not trust the bot, I remembered when the bot pumped syscoin on binance to 1BTC a year or two years ago.
another reason is the bot does not check the platform it uses, sometimes the platform will block the wallet and do the maintenance. because the bot does not check the wallet, it keeps making a transaction to that platform even though it is blocked. As a result, we are suspending our asset and the worst case we are losing it.

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December 23, 2019, 01:39:53 PM
 #9

To my knowledge arbitrage has a high risk because each trading platform has a different delivery time.
A little late will definitely lose if you do arbitrage. Doing it manually will minimize the risk of having to rely on bots.

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December 23, 2019, 01:45:37 PM
 #10

To my knowledge arbitrage has a high risk because each trading platform has a different delivery time.
A little late will definitely lose if you do arbitrage. Doing it manually will minimize the risk of having to rely on bots.
Little delay can caused you big trouble with your target position. Arbitrage only have small differences if you failed to place your entry in the right timing the processed will be messed up. trading bot might help but it's much better for me to do it manually so you can decide much quicker if there's a need of
adjusting with the situations.
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December 23, 2019, 01:45:56 PM
 #11

I always do trading manual with bit of knowledge about when I have to buy and sell with control in my hand but you do with bots then your fund in risk so my opinion to you do trading manual.

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masterrex
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December 23, 2019, 01:47:53 PM
 #12

I have recently started arbitrage trading since i found a platform that displays arbitrage pairs.

My question is do you guys use bots for such trading or do you do it manually?

If you are using bots, can you recommend some?
Honestly i don't even try any automated trading method, since 2017 til today im just do it manually by myself. But i just try to use a trading terminal recently but i stop using it since i find it more complicated to use and every time im afraid that my trading account will be compromised, my friend told me to try to use bot to make my trading sessions automated, But i refuse since i have a doubt about bots and any automated trading platforms.  
fuer44
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December 23, 2019, 02:16:51 PM
 #13

I do it manually, and I prefer to trade it manually. because if the bot operates it, trading will run according to the system, not what we want. because the bot is made with the system, not including feelings and our analysis of the market significantly.
cryptoaddictchie
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December 23, 2019, 02:35:57 PM
Merited by CryptopreneurBrainboss (1)
 #14

I have recently started arbitrage trading since i found a platform that displays arbitrage pairs.

My question is do you guys use bots for such trading or do you do it manually?

If you are using bots, can you recommend some?

Arbitrage trading is one way to earn just by observation. I dont normally compared prices by listed exchange, secret is, Ive used dex to purchase tokens from other who are can easily dump their tokens. This is only applicable to erc20 type of trading. If you will rely on cex you've must check the volume of it to be sure that youre not losing it cause remember there is a different fees on different exchanges.

Dont use bots, its not good relying on this tech cause it might also give some error.

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Dickiy
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December 23, 2019, 02:53:57 PM
 #15

if your thoughts are so what if KYC really happened like before this forum once opened KYC for authenticity verification but only briefly and the KYC system was canceled

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crisanto01
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December 23, 2019, 03:35:13 PM
 #16

So far, I am quite doing arbitrage trading and for me doing arbitrage manually is for me much better than using a bot, especially if you are not that too busy, then better to do it on your own just like most successful trader are doing, they are focusing on everything as much as they can, and as much as possible.
Adriano2010
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December 23, 2019, 03:37:48 PM
 #17

I see an arbitrage bot on many reviews, and also sell someone sell on bot, but that trade only fiat as i saw but it ask 5000 euro for it and with life time licence but i don't know if worth, if someone have a bot and want me i will try it and see how work for 1 month.
max6575
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December 23, 2019, 04:10:29 PM
 #18

im working with different plan on dicegame and arbitrage gaming on altcoin with use of personal bot to helps with the automation of tasks on submitting and following returns with the bet games as bot gives with good returns with the yobit and cryptobo platform.

the bot have with the value of $40K i guess

there are many offers of bot in internet store as player to buy from them, but those as easy as distinguish in indonesia there are ugly kids playing soccer and handsome cutie ones with the single player squash games ; i am an single player squash vagabond.

if interested to buy bot from this vagabond please
1. prepare with copy of academic scores from college that pro buyer have with minimum score of C with lecture of introduction to sociology, mine is A.
2. copy of academic report from english course with minimum level of 6 from 10 level of the total class grade; mine is 8.
3. handsomeness:please at least that you are eligible to becomes one as part with the boys team as with the minimum rank of 5;  
    dido is the 2nd, resi is 3rd, jawa is 4th, otong is 5th. (as of b.j preference)
4. e-gold: please prepare with minimum of $1400 for 100 copy of bot or $2400 for unlimited copy of the BOCAP/FORK bot.

waiting,

viva chesster as max6575

 

shodik007
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December 23, 2019, 04:18:01 PM
 #19

for security reasons I advise you to do it manually, as you know and or you have heard people complain about bot trading, I have heard this and they are disappointed with the results generated by the bot itself, especially to trade with arbitrage method, better use your free time or if not better don't do this with a bot

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Doell
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December 23, 2019, 04:44:17 PM
 #20

arbitrage is sometimes difficult now because the level interest of traders is very nimble mate ,bot is not always right and will make a loss for me when I lose to compete quickly well take advantage of these moments from a bot in my experience it will lose ,I prefer to use manual

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