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Author Topic: Are you using a trading bot?  (Read 2243 times)
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January 19, 2021, 02:44:46 PM
 #141

Exchanging bot is certainly not a sorcery and an individual who is keen on utilizing this ought to figure out how it attempts to comprehend what coins are viable to be exchanged with and what change would you need to do in your bot to fulfill its motivation. I haven't actually utilize one either in light of the fact that when I read it here in the gathering, exchanging bots are really difficult to utilize on the grounds that you need the information and the right boundaries to have the option to utilize adequately.
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January 19, 2021, 03:48:55 PM
 #142

I stopped using trading bot because I'm still losing money and I think its better to trade on my own which I'm learning it right now on how to execute my trade properly. Some people succeed on their trading because of the BOT and maybe they used trading bot because they don't have much time to study the market and I think you should also used BOT if you think you don't have much time to monitor the price movement.
Yeah I also think that was the purpose of the BOT where it is recommended if you have no time to monitor your trade. Honestly, I haven't used one and I am only do trading by myself, it can be rough sometimes like I could felt lose any moment but still, I can manage it though compared on using a trading bot. I also heard that when you use trading BOT you are pretty much away from losing but I don't think it works that way because you can still definitely lose especially if you placed the wrong sort of strategies on it. The odds of winning will still depend on your TA, I guess.



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January 19, 2021, 04:04:03 PM
 #143

Trading bot is just a piece of joke to me to tell you frankly
But I like to use a trading bot, using a trading bot I can make money 24/7 hours/week. It's very easy to mine. Also, this trading bot is totally free to use. just need to setup the bot. I am sharing a few of my trading result:



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January 19, 2021, 06:46:24 PM
 #144

Yes, RoboSets from TokenSets on Ethereum:

https://www.tokensets.com/
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January 19, 2021, 07:15:58 PM
 #145

No, not yet. I am not expect yet properly but i have a dream about it and i will do that. Many trader use it even personally i start trading very sort time. At least i spend much time in trading for everyday so i will do tech bot trading after got professional trader.

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January 19, 2021, 07:27:13 PM
 #146

No, not yet. I am not expect yet properly but i have a dream about it and i will do that. Many trader use it even personally i start trading very sort time. At least i spend much time in trading for everyday so i will do tech bot trading after got professional trader.
I wonder, because when you spend a lot of time in trading every day I think it might just turn out to be professional if you did it well. Apart from that, I think that using a trading bot does not have to wait for you to succeed or become a professional trader first. Trading bots might be better for beginner traders to use however, using trading bots or not is an option so yes, it is a free choice and of course every trader will choose the most convenient way to trade.

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January 21, 2021, 10:33:39 PM
 #147

No, I don't use any bots. In my opinion, this is too risky. I had a bad experience in using this kind of bots, perhaps it was he who influenced my attitude towards them. In any case, no one will give you a bot, even for an expensive one, which brings constant profit. More often than not, bots tend to lose capital when market moves are ambiguous. The developers, at such moments, say that this is an accident.
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January 22, 2021, 06:35:44 AM
 #148

No, I don't use any bots. In my opinion, this is too risky. I had a bad experience in using this kind of bots, perhaps it was he who influenced my attitude towards them. In any case, no one will give you a bot, even for an expensive one, which brings constant profit. More often than not, bots tend to lose capital when market moves are ambiguous. The developers, at such moments, say that this is an accident.


In the past which one trading bot you have used, will you share here? It would be nice if we can know the name of the trading bot. Personally, I am fine with trading bot till now, but before download, any software tries to check virus. I like to use Virustotal for this (https://www.virustotal.com/gui).
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January 22, 2021, 05:21:54 PM
 #149

I think using bot its quite good and saves our time.
I haven’t yet used it. But i will try in future. As far as i know it is quite handy to use.
But i haven’t experienced it yet.

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January 22, 2021, 06:10:47 PM
 #150

Just trade on your own if you want to be profitable instead of relying on a bot.

I just know this is the best option. A bot malfunctions when a trend change because it has been built to function in a particular way until maybe you reformat it. If you want to make money in trading, labour to learn a strategy.
Bots were invented for lazy investors like myself who are not interested to put an effort into learning the basics and advanced trading strategies. Well, as for the trends you mentioned Bots are updated weekly to suit it. Bots minimize losses.

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January 23, 2021, 03:20:38 AM
 #151

No, I'm not using any trading bot for some reasons :-
1) I want to be a trader, so i try to gather more & more knowledge rather than  using any bots.
2) If you are using bots, then you will be dependent on those bots which i don't want to be.
3) If you will follow the rules in proper discipline with money management then i don't think you need any bot...
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January 23, 2021, 04:44:53 AM
 #152

I have used Cryptohopper for trading bots, but often experience errors due to unsuccessful orders or purchases. other than that in my opinion if you have free time it is better to trade manually.
 The fees that must be paid monthly rent if your capital is not large will only be used up for rental costs. I used to only get a little profit because after I calculated the cost it cost a lot to rent the bot . think again before buying. there is no guarantee that you will always be profitable
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January 23, 2021, 02:32:40 PM
 #153

I am actually using Bituniverse Grid trading bot too and I can say that its a pretty good use, I am currently using the newly launched Bot of Kucoin which is also a trading bot, up to this date I am actually still not losing any $$$$ there since I can let the bot run and stop it anyday I want which is a good thing. Have seen many users there earning more than 3000% APR from running a bot. KuCoin got a good volume imo so their bot is pretty useful too and most of the products on their bot got good volatility but can mainly see there this trading pair https://trade.kucoin.com/ETH-BTC
Choosing the most volatile one is the best decision, you gain the fastest from it can set ranges too depends on your own likings and dont think you will be having a hard time using it too even a beginner in the market can surely use it.
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January 24, 2021, 03:59:38 PM
 #154

I have used Cryptohopper for trading bots, but often experience errors due to unsuccessful orders or purchases. other than that in my opinion if you have free time it is better to trade manually.
 The fees that must be paid monthly rent if your capital is not large will only be used up for rental costs. I used to only get a little profit because after I calculated the cost it cost a lot to rent the bot . think again before buying. there is no guarantee that you will always be profitable
Do not be worried about cryptohopper being like that, I personally used so many and all of them were like that. Unfortunately trading bots are great but they fail in so many stuff that it is not even shocking anymore, it is just not enough and a bot that can do what it says it can do could be a lot better but most bots keep having technical problems over and over and over again; which is why I think it is quite important that we end up using manual trading at the end no matter what trading bot we used.

However the sad part about manual is that you can't check those indicators on those 10+ coins ever 3 minutes, and that is a bit of a problem as well. That is why people created signals, it is not a bot that trades for you, it is a bot that lets you know when something you wanted happened, you want BB under 20? Sure it will let you know, you want MACD at certain levels? Sure it will let you know. That way you have a bot, but you trade yourself. But I suggest making your own signal bot, otherwise others could be very bad.

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January 28, 2021, 02:46:34 PM
 #155

Kucoin recently released their own trading bot via their mobile app. It currently support Grid bots and Dollar cost averaging. Kinda nifty if you use kucoin as your main exchange.

I have one grid bot running for ETH/BTC pairing on there.

BitUniverse's bot is my other alternative, great bot with good features tho it's kinda funky sometimes but is pretty much reliable nonetheless.
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January 29, 2021, 05:22:36 AM
 #156

Kucoin recently released their own trading bot via their mobile app. It currently support Grid bots and Dollar cost averaging. Kinda nifty if you use kucoin as your main exchange.

I have one grid bot running for ETH/BTC pairing on there.

BitUniverse's bot is my other alternative, great bot with good features tho it's kinda funky sometimes but is pretty much reliable nonetheless.

Actually, I am using Bituniverse for almost 1 year gone. It's best near to mine, also using Pionex for a lot of trading bot option. Now kucoin also following Bituniverse Smiley Smiley that I believe. Most of the time I like to use Kucoin API at Bituniverse because at kucoin any kind of amount buy and sell is possible. So kucoin is good on this site(although the volume is not so high). But at Binance or pionex it's not possible. At Binance there is a need minimum of $10(worth of altcoin)for buy-sell per grid/order. So kucoin is good at this stage. Now I am running 4 grid trading bot and I am in profit also Smiley Happy trading
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January 29, 2021, 10:28:40 AM
 #157

I'm using BitUniverse's Grid Trading Bot, and I think it's really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it's totally free and supports 20+ exchanges like Binance. Any more bots are you using? Please recommend.  Huh
I'm currently using KuCoin Trading Bot, you can access it on KuCoin App for me it's very easy to use and they have most of the trading pairs in their spot market. They also offers Dollar-Cost Averaging (DCA) trading on their trading bot.
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January 29, 2021, 01:17:46 PM
 #158

I'm using BitUniverse's Grid Trading Bot, and I think it's really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it's totally free and supports 20+ exchanges like Binance. Any more bots are you using? Please recommend.  Huh
I am currently using KuCoin's Trading Bot, you can access it on your mobile phone through app. Pairs like BTC & ETH have a very low minimum investment on KuCoin Trading Bot. They have Telegram Group where you can freely ask anything about how their trading bot work.
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January 29, 2021, 02:48:25 PM
 #159

I expect that is likewise the situation with other exchanging bots. An exchanging bot is anything but a wizardry and an individual who is keen on utilizing this ought to figure out how it attempts to comprehend what coins are viable to be exchanged with and what change would you need to do in your bot to fulfill its motivation. Exchanging bots are quite difficult to utilize in light of the fact that you need the information and the right boundaries to have the option to utilize adequately.

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January 29, 2021, 02:53:13 PM
 #160

I used a trading bot a few months ago, but I don't think the trading bot is completely accurate, there are still some bugs running. in trading I feel completely manual control in ourselves, so I think trading bots may only be 30% effective in helping our trading

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