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Author Topic: Make Money While You Sleep? Welcome To The World Of Crypto Trading Ai Bots  (Read 1187 times)
Dephlagy (OP)
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June 09, 2020, 08:49:43 PM
 #1

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection

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June 09, 2020, 08:57:42 PM
 #2

Auto or Bot trading isnt something new and also i dont really like for these new popped out trading bots from nowhere whom do tell nor say that they can give out guaranteed profits on daily basis for some 1%-2% a day.
Theres no such thing about consistency or assurance on profiting on daily basis. Bots are for automation not just some sort of money making thing on where most people do have that kind of wrong perception.
Automation settings and its outcome will always vary on users capability on tweaking things basing on its trading knowledge.

Next, Do you really believe that someone will have that kind of confidence on throwing up some bucks into that address given? I would rather trust up https://www.gunbot.com/ than on this one.

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June 09, 2020, 11:07:44 PM
 #3

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection


Trading bot everywhere menh, this is something that has come and gone already it's nothing new again is even better having a good knowledge of how to trade Crypto than wasting it on trading bot to do the dirty work for you.

──────[ GlobeDex ]──────
───────────[  Modern Trading Platform With High Trade Engine | Affiliate Program | Proof of Authority ]───────────
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June 09, 2020, 11:16:05 PM
 #4

Auto or Bot trading isnt something new and also i dont really like for these new popped out trading bots from nowhere whom do tell nor say that they can give out guaranteed profits on daily basis for some 1%-2% a day.
Theres no such thing about consistency or assurance on profiting on daily basis. Bots are for automation not just some sort of money making thing on where most people do have that kind of wrong perception.
Automation settings and its outcome will always vary on users capability on tweaking things basing on its trading knowledge.

Next, Do you really believe that someone will have that kind of confidence on throwing up some bucks into that address given? I would rather trust up https://www.gunbot.com/ than on this one.

The OP just want to endorse his trading bot in short. Up to the trader if he will try this or not. But yes, the outcome is really up to the trader himself and not the bot. Just don't mislead users about the real purpose of having trading AI bot.
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June 10, 2020, 03:11:05 AM
 #5

Ever since, i never use bot. I have seen different feedbacks about trading bot and most of them aren't that good though. If we can read tools like fundamental and technical analysis, charts and volumes, we can trade by our own even we do  not use trading bot. At first, I was curious at how those algorithms trading bot are doing but we are still in a volatile market that even trading bot can't even manage.
 
 How accurate that bot is? Seems you are sure we may have steady profit in here as you say.
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June 10, 2020, 03:30:26 AM
 #6

Ever since, i never use bot. I have seen different feedbacks about trading bot and most of them aren't that good though. If we can read tools like fundamental and technical analysis, charts and volumes, we can trade by our own even we do  not use trading bot. At first, I was curious at how those algorithms trading bot are doing but we are still in a volatile market that even trading bot can't even manage.
 
 How accurate that bot is? Seems you are sure we may have steady profit in here as you say.
You just think the same thing as me. I prefer to trade manually than trade by using BOT. The reason is that trading bot is nothing more than a machine that works based on our commands. Whatever it is, it still have to depend on our command. Therefore, learning how to trade manually is extremely important. I may take a look about it later, but now, I prefer to trade by myself.

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June 10, 2020, 06:00:04 AM
 #7

I wonder if the bot can solve the problem with fast if the market is turn around with the other movements because the technology for that bot to follow the market is not reach yet. Maybe the bot can trade as we set, but we need to change the setting if everything has changed too so the bots can trade as usual. If the market does not move differently in a day, I am sure that the bot will make a profit, and even the profit will come over and over.

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June 10, 2020, 06:09:04 AM
 #8

I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.


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June 10, 2020, 06:15:10 AM
 #9

Quality bots must be created for more than $ 1 million, which is the real bot.

There is no such thing as that. All bots work on some algorithm so even if you buy a $1 million bot but the algorithm sucks, you'll still lose money. Not to mention you also need to find an exchange that supports various trades options. Bots are just tools and you need to manually change the algorithm if it no longer works.

All this 'make money while you sleep' ads are really oversimplifying how you use a bot.

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June 10, 2020, 08:08:03 AM
 #10

Quality bots must be created for more than $ 1 million, which is the real bot.

There is no such thing as that. All bots work on some algorithm so even if you buy a $1 million bot but the algorithm sucks, you'll still lose money. Not to mention you also need to find an exchange that supports various trades options. Bots are just tools and you need to manually change the algorithm if it no longer works.

All this 'make money while you sleep' ads are really oversimplifying how you use a bot.

Bots can also experience risks, if you will spend a $1 million then it is useless because it is somehow improve your trading but not the losses. Trading can bring you losses and profit at the same time, the uses of trading bot is for the time that you are so busy that you can't perform manual trading.

For me, manual trading is still the best and most profitable than using trading bot. No matter how expensive your trading bot is, we're manipulating our assets in the same market so that's not a big deal. If I were you, i will choose a reliable trading bot and I will make my own strategies.

You are the one who are accountable with your decisions in your trading so your strategy and action matters.
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June 10, 2020, 09:14:03 AM
 #11

I have been working with trading for more than 2 years and trading bot is not a new term to me. Trading bot, as you can see, is not a new term for us. As an intermediate trader, I can say that the benefits which trading bots bring are undeniable and they are great in maintaining your profit and managing your money

However, bots, on the other hands, can make an advanced decision like humans and because of that, they can not bring much profit as an advanced trader. Moreover, Bots cant understand the news and read fundamental analysis (some advanced bots are upgraded to fit new changes but they are hard to find or super expensive). If you cant balance bot trading and self-trading, I believe you can make a huge amount of money which no one can ever imagine before. But to do so, you need to have experience and knowledge which are super hard to obtained.

Keep trying, who knows one day we might be extremely rich

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June 10, 2020, 09:21:01 AM
 #12

All this 'make money while you sleep' ads are really oversimplifying how you use a bot.

It's just extremely "catchy" when someone reads that you can get rich overnight by simply buying a bot. Bots have a mystical quality for many users and trust blindly that the bot always makes the right decisions and makes you rich in a short time.

But in truth it looks like this:
  • Bots only automate what you would do by hand. For example, reacting to trading signals
  • If bots follow the wrong signals or are badly configured, they lose money just as if you were trading yourself
  • Operating bots usually costs money, which must be taken into account when calculating the profit, this can considerably reduce potential profits. You also have to include Fees like the trading fees of exchanges.

So -> Bots are only as good as the user who configures them and definitely not miracle tools. Because if that were the case, no one would sell them, but simply run his bot. I think I posted it somewhere else but this picture fits perfectly:


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June 12, 2020, 07:49:35 AM
 #13

the phrase: "make money when you sleep" is a trap...  Cheesy
I have tried several trading bots and none of them gave me profit when I was sleeping, activating trading bots when you will start trading is the right one because only trading bots worth over $ 10k are perfect.



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davis196
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June 12, 2020, 12:39:52 PM
 #14

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection


When I see "steady profit" or "guaranteed profit" I just ignore such offers right away.Please avoid the scammer lingo and the bold promises.
What's the guarantee that the bot will not crash?Can you guarantee 1-2% daily profit?
If,for some reason,the buyers of this bot didn't manage to make 1-2% daily profits,will you reimburse their money back?
You say the bot is monitored by 5 traders.Who is paying them for such job?

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June 12, 2020, 03:52:11 PM
 #15

I wonder if the bot can solve the problem with fast if the market is turn around with the other movements because the technology for that bot to follow the market is not reach yet. Maybe the bot can trade as we set, but we need to change the setting if everything has changed too so the bots can trade as usual. If the market does not move differently in a day, I am sure that the bot will make a profit, and even the profit will come over and over.

I'm thinking bots can make mistake in certain ways. Either if market is highly volatile or there happens to be a gap.
Gap is the space we see in trading platform that spaces candle stick. So if that gap happens, I think that can change the mind of the not. Bots may be program and settings can change because gap can change human understanding of the market.
If the market
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June 12, 2020, 04:09:59 PM
 #16

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection

If the bot is really good why not the dev team use it an make profit for themselves?
Secondly, why do not you provide a traded account for last 6 months where we can check the performance of this bot?
Lastly, you should ideally setup a pamm or copy trading account using this bot and if the performance is really good people will follow it and the team will still earn good fee and comissions. I hope you will consider my suggestions.

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June 12, 2020, 06:24:54 PM
 #17

~snip~
For me, manual trading is still the best and most profitable than using trading bot. No matter how expensive your trading bot is, we're manipulating our assets in the same market so that's not a big deal. If I were you, i will choose a reliable trading bot and I will make my own strategies.

You are the one who are accountable with your decisions in your trading so your strategy and action matters.
This is the right decision. Better to trade manually than having to use BOT. Manual trading makes us continue to learn to analyze the market. BOT trading does not always provide benefits as expected, sometimes there are errors in the BOT and the problem must immediately get corrected.

Manual trading gives full access to the capital used for trading, manual trading is always better than BOT. BOT is only an alternative for people who really need it.
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June 12, 2020, 06:39:59 PM
 #18

-snip-
BOT is only an alternative for people who really need it.
I would formulate this even sharper:
Bot-trading is mainly for those people who don't know what they're doing. It was the same with my bot back then. I also hoped for high profits very quickly and simply used some strategies that the bot had preconfigured. I didn't know exactly what the strategies meant, what they were, or where their weaknesses were.
You can also see this on many sites that offer trading bots. You can often buy strategies from "professional" traders and load them into your own bot. Whether this automatically guarantees success, however, I dare to doubt.

Some of these bots also offer social trading at the same time, so as a trading beginner you don't have to worry about anything anymore except depositing money on your account:


(The source is embedded in the image)

Back to my image ("In a gold rush sell picks and shovels") from above: the only one who will actually make a profit is the provider.

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June 14, 2020, 02:39:37 PM
 #19

Auto or Bot trading isnt something new and also i dont really like for these new popped out trading bots from nowhere whom do tell nor say that they can give out guaranteed profits on daily basis for some 1%-2% a day.
Theres no such thing about consistency or assurance on profiting on daily basis. Bots are for automation not just some sort of money making thing on where most people do have that kind of wrong perception.
Automation settings and its outcome will always vary on users capability on tweaking things basing on its trading knowledge.

Next, Do you really believe that someone will have that kind of confidence on throwing up some bucks into that address given? I would rather trust up https://www.gunbot.com/ than on this one.

Bots are really useful and "may" save you a lot of time and money if you are an established trader already , if an experienced/established trader implements his own trading strategy & technical analysis into a bot , then most likely the bot will do his job even better by making trading more stable , efficient and emotionless. Even a semi-bot working a a trade indicator will save you some brain calories.

The dark side of trading bots are when marketing over describes a bot capabilities , thats where misunderstandings happen and people lose their trust to bots & trading technology.

Lastly i want to state that , if there are profitable strategies & technical analysis then there is a potential bot ready to be made behind that strategy.



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June 14, 2020, 10:47:07 PM
 #20

I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.

This is the issue on bots. Manufacturing of bots is to help the trader to gain profit but sometimes it starts to malfunction or maybe it start to gives losses.

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June 14, 2020, 11:39:33 PM
Merited by Vod (1)
 #21

The term AI bot is little bit misleading because its just another bot, right? The word AI means the system itself will take the decision on itself according to the situation and if there is a bot were created then no one will literally lose their money while doing trading but in reality is not possible though.
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June 14, 2020, 11:48:22 PM
 #22

Trading bot sounds cool it automates our trading habits, but I don't really like it. You are the one who sets instructions and strategies to the bot so if you set wrong instructions it might go wrong too. What if my funds all gone after I wake up  Cheesy So I prefer to trade personally, It makes my mind at ease. It feels like I am letting another person to trade for me. I guess most traders do trading the usual way too.
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June 15, 2020, 02:40:45 PM
 #23

Auto or Bot trading isnt something new and also i dont really like for these new popped out trading bots from nowhere whom do tell nor say that they can give out guaranteed profits on daily basis for some 1%-2% a day.
Theres no such thing about consistency or assurance on profiting on daily basis. Bots are for automation not just some sort of money making thing on where most people do have that kind of wrong perception.
Automation settings and its outcome will always vary on users capability on tweaking things basing on its trading knowledge.

Next, Do you really believe that someone will have that kind of confidence on throwing up some bucks into that address given? I would rather trust up https://www.gunbot.com/ than on this one.

We don't grantee anything but of portfolio shows everything our bot record all market movements analysis, find S/R point in multi time frames also respect Fibo levels for entry and exit of positions all of this thing monitoring by a trading team, Also we don't get into positions with 30x or 60x leverages bot always max 5% of wallet available balance to take into position or improve entry small profits 5 -6% weekly/Wallet balance but continuously.
if anyone wants to gamble on the market our bot can not help him
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June 15, 2020, 02:52:13 PM
 #24

I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.

if your means you are one of our customers please provide email to check and publish your account history, or email seupport@dephlagy.com  we don't have any negative month in our profit since Jan we officially started bot
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June 15, 2020, 02:58:31 PM
Merited by SirLancelot (3)
 #25

we don't have any negative month in our profit since Jan we officially started bot
Any proof on your performances? I just saw you have sold out up to 100 copies of your bot for discounted prices then why not ask few of your customers who are maintaining good reputation along with good rank to share their real experiences here? That must be the right way to prove your no-negative-months since January. We had seen 100s of bots were promoted here but when people start testing them here on this forum on open manner, results were not as per promised.

if anyone wants to gamble on the market our bot can not help him
This sounds like really a good approach. This makes me to think about trying your bot. But, making only 5% of capital means I guess I must need some very big money so that I may get my dream returns on regular basis. Is there options available to increase that 5% into higher levels?


You should not post continuously. You may combine like how I did on this post. Double posting may lead to temporary to permanent ban as well. Hope you take time to read forum rules from meta.
You are warned for double posting.
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June 15, 2020, 03:05:37 PM
 #26

for others:
1-We don't say our bot is magic and double your money in 1 month, bot take positions with max 5% of the available balance of each account
2-We also trade for ourselves and it's don't have any extra cost for us to copy our trading to others accounts and make money by this feature
3-Our bot automatically detect S/R lines and Fibo levels on multi time frames also it can very fast place 100 orders for each account on 1-5 seconds to get better entry and exits Also bot operation monitor by traders some time on fake movements may bot trend detection make mistake and this correct by our traders
4-60% of our users don't know about trading strategies and they have their own business, they only want an extra income gives them higher than banks and at least a monthly 20% makes them very very happy.
5-some times like others, bot we have wrong positions but on this situation bot by placing a high amount of orders tray to improve entry and on first accumulation exit from the position by small loss or most of the time small profit
6-Also bot calculate R/R ration very faster than human traders, can place Postonly orders very fast to avoid paying a fee to exchange (bybit - BitMEX pay makers)
and many reasons bots can make extra income for everyone have other jobs, or whom emotionally decide on the market and loss.
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June 15, 2020, 03:13:02 PM
 #27

we don't have any negative month in our profit since Jan we officially started bot
Any proof on your performances? I just saw you have sold out up to 100 copies of your bot for discounted prices then why not ask few of your customers who are maintaining good reputation along with good rank to share their real experiences here? That must be the right way to prove your no-negative-months since January. We had seen 100s of bots were promoted here but when people start testing them here on this forum on open manner, results were not as per promised.

if anyone wants to gamble on the market our bot can not help him
This sounds like really a good approach. This makes me to think about trying your bot. But, making only 5% of capital means I guess I must need some very big money so that I may get my dream returns on regular basis. Is there options available to increase that 5% into higher levels?


You should not post continuously. You may combine like how I did on this post. Double posting may lead to temporary to permanent ban as well. Hope you take time to read forum rules from meta.
You are warned for double posting.


Sorry for more posts, we just have seen all now
you can check our youtube channel: https://www.youtube.com/channel/UCp64XZSyKm57Fa_vBquvZKA
Also we publish screenshots of our 3comma portfolio on our twitter account: https://twitter.com/dephlagy

5% of wallet available balance on each position made monthly 20-60% profit for all wallet balance this is very safe and good profit for most of our customers.
We don't want risk more cause we need to keep our customers,
our subscribers with 0.2 or 0.3 BTC or higher wallet balance happy with these results but we have also some customers with 0.005 wallet balance want's from us to do magic

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June 15, 2020, 06:19:17 PM
 #28

Using a trading bot to trade and earn money is definitely not the right thing to do.  Especially if the boat you will use is of poor quality, you will definitely regret it. As I mentioned in their previous posts and similar topics, using bot is definitely something that should not be done. If you think that there are bots that have been turned upside down by big movements frequently, bots that do wrong, and dozens of bots that cannot complete the processes, you will easily understand why I am against the use of bots. Personally, I do not recommend using trading bots.
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June 15, 2020, 07:39:11 PM
 #29

I don't trust trading bots. Making money while you are sleeping? I don't think so. If that was so easy then everyone in cryptocurrencies would be rich and we all know that isn't so.
Trading is demanding discipline and if you want to be successful you have to be present at the market, watch, predict, make decision, act. Bots can't do that instead of you, they can't replace human mind and ability to make decision.
You can use bots for fun but not for serious trading.

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June 15, 2020, 10:02:57 PM
 #30

Using a trading bot to trade and earn money is definitely not the right thing to do.  Especially if the boat you will use is of poor quality, you will definitely regret it. As I mentioned in their previous posts and similar topics, using bot is definitely something that should not be done. If you think that there are bots that have been turned upside down by big movements frequently, bots that do wrong, and dozens of bots that cannot complete the processes, you will easily understand why I am against the use of bots. Personally, I do not recommend using trading bots.

how much time take you calculate a short entry between 9800 -10000 range with 50 ladders increasing order by Fibo levels depend on the last 3 candles?  definitely it takes more than 1 second for you


I don't trust trading bots. Making money while you are sleeping? I don't think so. If that was so easy then everyone in cryptocurrencies would be rich and we all know that isn't so.
Trading is demanding discipline and if you want to be successful you have to be present at the market, watch, predict, make decisions, act. Bots can't do that instead of you, they can't replace the human mind and ability to make decisions.
You can use bots for fun but not for serious trading.

You trust in betting cause they paid you bot don't trust bots who not paid-for the advertisement, like peoples in 2015 say we don't trust bitcoin or cryptocurrency.
So you don't need to use google for searching and I think you search for websites on the internet one by one because google has bots as you know, also trading bots get smarter, and now machine learning make them better.

Finally, everyone have own idea we don't force anyone to use the bot's even our bot but I can tell everyone don't gamble don't bet even on bet websites or markets

 
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June 15, 2020, 11:40:41 PM
 #31

I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.

I've never used a bot before but i have lots of friends both even the ones i met online who have used the services of the so called trading bots in the past and the review they gave is exactly thesame with yours, trading bots do make people lose their investments due to inacurate signals.  I believe more work is needed to be done on bots algorithms inorder for tge Ai to function in real time and provide traders with profit

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June 16, 2020, 09:23:56 AM
 #32

I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.

I've never used a bot before but i have lots of friends both even the ones i met online who have used the services of the so called trading bots in the past and the review they gave is exactly thesame with yours, trading bots do make people lose their investments due to inacurate signals.  I believe more work is needed to be done on bots algorithms inorder for tge Ai to function in real time and provide traders with profit

Yes, you are right many of bots only scripts to buy and sell, but we always monitor Dephlagy to ensure bot trades on the right direction and even bot due to the machine learning function always build a history of the market for future use, Dephlagy, not a stand-alone simple buy-sell bot, Dephlagy learn every day every second and get better day today
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June 16, 2020, 09:40:50 AM
 #33

I have heard many interesting invitations to use bots but the results are not as good as the words. So now what I need is proof that the Dephlagy bot has worked well these past few days. Hope you can post more pictures so that we can verify and then decide to invest.


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June 16, 2020, 10:08:06 AM
 #34

You are the one who are accountable with your decisions in your trading so your strategy and action matters.

If you think that you're trading skills is not enough and you're relying on trading bot, then that's really bad for your assets. You should how to manipulate your coins using your own strategy, you should make yourself better in trading and learn a lot of stuffs about it. Trading bots will not give you huge amount of profit, but you yourself will do. Make different effective and useful strategies that you will benefit whenever you perform in a trading transactions.

Manual trading gives full access to the capital used for trading, manual trading is always better than BOT. BOT is only an alternative for people who really need it.

Yes, manual trading can give you full control with your money so that you will not have a hard time in trading. Bots usually are not that effective when the market situation changes. You can use trading bot if you have some things to do, if you have other things to prioritize rather than trading, just like your job.


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June 16, 2020, 07:22:05 PM
 #35

You are the one who are accountable with your decisions in your trading so your strategy and action matters.

If you think that you're trading skills is not enough and you're relying on trading bot, then that's really bad for your assets. You should how to manipulate your coins using your own strategy, you should make yourself better in trading and learn a lot of stuffs about it. Trading bots will not give you huge amount of profit, but you yourself will do. Make different effective and useful strategies that you will benefit whenever you perform in a trading transactions.

Manual trading gives full access to the capital used for trading, manual trading is always better than BOT. BOT is only an alternative for people who really need it.

Yes, manual trading can give you full control with your money so that you will not have a hard time in trading. Bots usually are not that effective when the market situation changes. You can use trading bot if you have some things to do, if you have other things to prioritize rather than trading, just like your job.




I agree with you bot's very suitable for peoples to have another job and don't have time waste on charts, also many amateur peoples don't take profit from the market and after 2 or 3 success trade emotionally loss all capital on the market because they don't trade they gamble with 50x or higher leverages.
Dephlagy is an intelligence bot build a history of the market and calculate S/R lines Fibo lines also R/R ratio for positions also bot overall trend control by our traders manually
This is our last month's portfolio chart we don't make 2x 3x but we made a profit for our customers don't make huge losses
https://twitter.com/dephlagy/status/1272970685908910080
for our customers 20% 30% in one month I very good profit ever this is higher than everything can you invest.
but we always tell our customers Cryptocurrency or forex markets very risky and some times maybe they have losses but we try our best to reduce loss.
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June 16, 2020, 08:38:22 PM
Last edit: June 17, 2020, 07:28:15 PM by RealMalatesta
 #36

Bots are known for making automated way of profiting in trading but you are sounding like too intensive type of bot which may work all the 24 hours to get us profits? I am sorry I am not ready to believe into such a thing.

Because, if you trade more the chances for losses also too high. So, an effective bot must choose right signal and this way must maximize the chances to be profitable.

manual trading can give you full control with your money so that you will not have a hard time in trading. Bots usually are not that effective when the market situation changes. You can use trading bot if you have some things to do, if you have other things to prioritize rather than trading, just like your job.
There has been at least 100 times people had shouted against bots and its potential risk on making us non-competitive and losses due to sudden changes on market conditions; still it seems no one is caring nor trying to improve themselves so that they could trade on their own. Only because of there are people who are still being ready to buy bots, there are still bot devs are trying hard across this forum.
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June 16, 2020, 08:50:39 PM
 #37

Bots are known for making automated way of profiting in trading but you are sounding like too intensive type of bot which may work all the 24 hours to get us profits? I am sorry I am not ready to believe into such a thing.

Because, if you trade more the chances for losses also too high. So, an effective bot must choose right signal and this way must maximize the chances to be profitable.

No, Dephlagy take 2 or 3 some times even 1 position each week, I don't say our bot trades all the 24 hours but when bot enter in position continuously short/long upper/below the entry (Safe range till stop loss) and exit on take profit ranges by huge amount of orders as maker
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June 16, 2020, 10:11:40 PM
 #38

Most people are not using trading Bots not that they don't trust this AI system but because they are not comfortable of using it rather than to do manually. I understand you would like to promote it and that's your stand anyway but you can't push traders to use it for they hear some bad feedbacks from the others. Should we think that trust issues could easily be settled down, not really for sure and these traders might suffer already a bad experience having this trading Bot which it brought them to give doubts.



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June 17, 2020, 11:45:48 AM
 #39

Most people are not using trading Bots not that they don't trust this AI system but because they are not comfortable of using it rather than to do manually. I understand you would like to promote it and that's your stand anyway but you can't push traders to use it for they hear some bad feedbacks from the others. Should we think that trust issues could easily be settled down, not really for sure and these traders might suffer already a bad experience having this trading Bot which it brought them to give doubts.

I completely agree with you, most of the trading bot's only do sell/buy don't calculate ROE, Risk and Reward Ratio and don't check latest trades ROE and overall account ROE to decide about position size and how much can risk
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June 17, 2020, 09:19:36 PM
 #40

As someone who actually is developing an AI trading system, I take offence to your "Ai" claim... :/

Also, don't post more than once per 24 hours.   Edit old post if you have new info. 

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June 20, 2020, 12:01:00 AM
 #41

As someone who actually is developing an AI trading system, I take offence to your "Ai" claim... :/

Also, don't post more than once per 24 hours.   Edit old post if you have new info. 

it's the different mean of AI for projects and peoples, we play with the results and respect everyone idea


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June 20, 2020, 03:03:52 AM
 #42

Can someone further explain this trading bot to me, I am trying to learn as much as I can and think that this is a part of the journey, what are the pros and cons of bot trading, is there a recommended bot? Thank you for the response.

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June 20, 2020, 08:01:08 AM
 #43

Can someone further explain this trading bot to me, I am trying to learn as much as I can and think that this is a part of the journey, what are the pros and cons of bot trading, is there a recommended bot?
You can find lots of suggestions and warning against trading bots across this forum as we have lots of topics here on bots time to time.

Let me try to summarize few of them along with my personal opinion on trading bots:
  • Trading bots cannot get you profits all the times. You must be ready to face losses even you start using them.
  • Bots are just program codes hence we cannot expect it would be covering all the trading strategy. Please remember all startgies are having some limitations due to wild fluctuations and new triggered markets.
  • Using bots on your trades makes you unable to develop your skills which means you might need to depending on bots for your rest of life.
  • You may try bots for your technical analyzing part but trade purely based on your final decision.
  • Bots through API may lead to security breaches hence do not use them with all your 100% capital.
  • Try to code your own bots and have multiple bot on your one single trade and make trades based on multiple bot's signal which us usually known for its highest possibilities to happen.

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June 21, 2020, 04:18:45 PM
 #44

Can someone further explain this trading bot to me, I am trying to learn as much as I can and think that this is a part of the journey, what are the pros and cons of bot trading, is there a recommended bot? Thank you for the response.

We explained on several posts before also you can find details on our website


Can someone further explain this trading bot to me, I am trying to learn as much as I can and think that this is a part of the journey, what are the pros and cons of bot trading, is there a recommended bot?
You can find lots of suggestions and warning against trading bots across this forum as we have lots of topics here on bots time to time.

Let me try to summarize few of them along with my personal opinion on trading bots:
  • Trading bots cannot get you profits all the times. You must be ready to face losses even you start using them.
  • Bots are just program codes hence we cannot expect it would be covering all the trading strategy. Please remember all startgies are having some limitations due to wild fluctuations and new triggered markets.
  • Using bots on your trades makes you unable to develop your skills which means you might need to depending on bots for your rest of life.
  • You may try bots for your technical analyzing part but trade purely based on your final decision.
  • Bots through API may lead to security breaches hence do not use them with all your 100% capital.
  • Try to code your own bots and have multiple bot on your one single trade and make trades based on multiple bot's signal which us usually known for its highest possibilities to happen.


As I said before this is not a stand-alone bot like bots you seen before, bot decisions monitor by our traders also this kind of trading very suitable for people have another job and don't want to waste time on charts also good for some emotional people always loss on the market
We need API with Trading (open position and place order) permission this manages by exchange any security issue not related to us.
And also bot always use stop losses and enter to trades with good R/R ratio this is not a 24h buy sell bot
We try to build a mechanism to our customers to make money continuously from the market and this kind of trade not good for gamblers want to buy Lambo in 1 month
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June 21, 2020, 07:04:01 PM
 #45

I see that the bots are not a new thing, they have been around for a while. Frankly, I never trust these bots, despite the way they work. I always prefer to work manually, it is safer and more reliable for me
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June 24, 2020, 11:26:56 PM
 #46

I see that the bots are not a new thing, they have been around for a while. Frankly, I never trust these bots, despite the way they work. I always prefer to work manually, it is safer and more reliable for me

For people don't have enough time Dephlagy bot + traders support is the best select
Our customers do own job and make monthly 30 -70% from the market by Dephlagy
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June 24, 2020, 11:50:29 PM
 #47

I read topic titles like too good to be true, maybe the reality of making money is not that easy. Although I must admit a few AI bot trading
is profitable, but it usually doesn't last long. My advice if you want to successfully use trading bots, don't trust 100% bots to trade for you,
still periodically do a market analysis. Sometimes bots occur an error when the market changes suddenly due to manipulation of whales or
bad news. I personally more comfortable using manual trading, because it's fully I make the decision.

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June 24, 2020, 11:54:12 PM
 #48

I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.
There is a flip side to that situation, these bots will make you money when the market is moving higher, i have not personally used any AI bots but i assume that they buy low and sell higher at regular intervals and it will help when the market trend is positive, if the market goes down then the algorithm fails to deliver the results you got earlier.
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June 24, 2020, 11:55:46 PM
Merited by ultrloa (2)
 #49

I read topic titles like too good to be true, maybe the reality of making money is not that easy. Although I must admit a few AI bot trading
is profitable, but it usually doesn't last long. My advice if you want to successfully use trading bots, don't trust 100% bots to trade for you,
still periodically do a market analysis. Sometimes bots occur an error when the market changes suddenly due to manipulation of whales or
bad news. I personally more comfortable using manual trading, because it's fully I make the decision.
Bots are for automation and theres no other reason other than that but people are way expecting too much that it can generate out passive and stable profits for longer period of time or even believe that it can sustain like forever.

Making money while you sleep? This is only possible for leverage businesses in physical world but we know that this would really require homogeneous amount of capital for it to be attained but still risk would always lie ahead.

Manual trading is much more preferable but using automation isnt bad at all if you do know on what you are doing but dont expect much like on this one.

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June 25, 2020, 10:00:29 AM
 #50

I read topic titles like too good to be true, maybe the reality of making money is not that easy. Although I must admit a few AI bot trading
is profitable, but it usually doesn't last long. My advice if you want to successfully use trading bots, don't trust 100% bots to trade for you,
still periodically do a market analysis. Sometimes bots occur an error when the market changes suddenly due to manipulation of whales or
bad news. I personally more comfortable using manual trading, because it's fully I make the decision.
Bots are for automation and theres no other reason other than that but people are way expecting too much that it can generate out passive and stable profits for longer period of time or even believe that it can sustain like forever.

Making money while you sleep? This is only possible for leverage businesses in physical world but we know that this would really require homogeneous amount of capital for it to be attained but still risk would always lie ahead.

Manual trading is much more preferable but using automation isnt bad at all if you do know on what you are doing but dont expect much like on this one.

Many people though that if they use bot they can guarantee to earn more money buy just waiting for it to trade every day and many people falls for that since they didn't meet what they expect when they avail the bots available around. I also suggest those people to invest some time with manual trading since they can guarantee here that they can watch the progress of their trades as well they will be more knowledgeable on the market movement in the long run.

R


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June 27, 2020, 11:34:15 PM
 #51

I read topic titles like too good to be true, maybe the reality of making money is not that easy. Although I must admit a few AI bot trading
is profitable, but it usually doesn't last long. My advice if you want to successfully use trading bots, don't trust 100% bots to trade for you,
still periodically do a market analysis. Sometimes bots occur an error when the market changes suddenly due to manipulation of whales or
bad news. I personally more comfortable using manual trading, because it's fully I make the decision.


Dephlagy Allways monitor by our trading Team it's not stand-alone software ( Traders can buy our stand-alone software bot they most monitor bot trend detection by self)


I used to be in these AI trading bots and it really didn't work. It only works fine for the first 1-2 months and after that the system always fails and gives false signals. Quality bots must be created for more than $ 1 million, which is the real bot. In addition, normal bots in telegram groups will usually not work stably and can never be profitable for us.
There is a flip side to that situation, these bots will make you money when the market is moving higher, i have not personally used any AI bots but i assume that they buy low and sell higher at regular intervals and it will help when the market trend is positive, if the market goes down then the algorithm fails to deliver the results you got earlier.

Market Trend and waves detection Allways monitor by our trading team, Dephlagy is an online service, not a stand-alone software you install on the computer and it only buys and sells



I read topic titles like too good to be true, maybe the reality of making money is not that easy. Although I must admit a few AI bot trading
is profitable, but it usually doesn't last long. My advice if you want to successfully use trading bots, don't trust 100% bots to trade for you,
still periodically do a market analysis. Sometimes bots occur an error when the market changes suddenly due to manipulation of whales or
bad news. I personally more comfortable using manual trading, because it's fully I make the decision.
Bots are for automation and theres no other reason other than that but people are way expecting too much that it can generate out passive and stable profits for longer period of time or even believe that it can sustain like forever.

Making money while you sleep? This is only possible for leverage businesses in physical world but we know that this would really require homogeneous amount of capital for it to be attained but still risk would always lie ahead.

Manual trading is much more preferable but using automation isnt bad at all if you do know on what you are doing but dont expect much like on this one.

As we said before Dephlagy very suitable for whom have another job and don't have enough time for trading also good for emotional peoples, Dephlagy not magic it's not 2 or 3x your wallet in the month but if anyone wants to earn 30%-140% continuously on month depend on the market situation Dephlagy can be the best choice



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July 05, 2020, 12:13:03 PM
 #52

1-Dephlagy is a Fully automated software?
– No, Dephlagy is an Ai trading bot that can calculate Vertical and Dynamic S/R lines, Fibo Levels and Also detect the best entry by R/R ratio to enter a position but market trend and waves monitor by our trading team 24×7

2- Dephlagy suitable for whom?
– Anyone, Dephlagy more suitable for whom have another job and also don’t have time for trading, or emotional peoples lost their money on the market and who wants 30%-140% (depend on the market situation) continuously income from the market.

3- Using Dephlagy is safe?
– By using Dephlagy you hold your capital in your exchange account, we don’t need to ask you your exchange credentials, Dephlagy only trade on your account by an API key with trading only permission you can provide from your exchange account.

4- Can I monitor trades?
– Yes, always you can see any open position on your exchange account and also can monitor your orders, also you can close the position manually, but this temporary disable bot and you need to ask our support to reenable.

5- How and what need to subscribe to bot?
– If you want to buy our copy-trading bot subscription (1/3/6/12 Months) goto this link,
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July 05, 2020, 05:37:59 PM
 #53

This thread has obviously been created with the newbies in mind to win them over in the hope that they go for the hype of Ai in trading. Personally, I have no pleasure of using AI especially when trading. The info on markets can change so quickly and this can be so large that even stop losses won't cut it.

Instead, I prefer to make my own decision as to when to buy/sell, this is not something I can entrust a bot programmed and trained only on a limited amount of data to deal with - but maybe others do prefer automation.





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July 05, 2020, 08:29:10 PM
 #54

Some bots are reported as profitable but they can be very inconsistent. The problem with most auto trading bots is that they ALL rely on lagging indicators.

digieBot Auto is an automated trading bot that trades based on volume in the market. digieBot does NOT use lagging indicators; it is based entirely on the volume of trades taken by traders and analyzing the commitment of the market to that trade.

Commitment is shown by traders’ willingness to invest their money at a price point, and the market commitment is demonstrated by volume in the same market direction.
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July 05, 2020, 08:42:31 PM
 #55

This thread has obviously been created with the newbies in mind to win them over in the hope that they go for the hype of Ai in trading. Personally, I have no pleasure of using AI especially when trading. The info on markets can change so quickly and this can be so large that even stop losses won't cut it.

Instead, I prefer to make my own decision as to when to buy/sell, this is not something I can entrust a bot programmed and trained only on a limited amount of data to deal with - but maybe others do prefer automation.
Of course, it's so obvious since few people only have the highest rank could endorse their project. If you want to join the market then you have to make a new account and that's what the OP does. But I believe their marketing skills is not that refined yet since they have entered the big market of trading bots especially in crypto currency on this forum.

And for OP, to make such an appealing title for their project is not quite working since most people here do know that you can't make money while sleeping as if your bot could adjust how the volatility works. There's no consistency in trading, no humans nor bots did that before.

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July 06, 2020, 12:47:14 AM
 #56

This thread has obviously been created with the newbies in mind to win them over in the hope that they go for the hype of Ai in trading.
Some are even brand new shilling and promoting their Trading bot created by them which is hardly to believe onto. I don't even think that Ai is really that profitable when it comes to trading coz they aren't guaranteeing anything from trading.

Personally, I have no pleasure of using AI especially when trading. The info on markets can change so quickly and this can be so large that even stop losses won't cut it.
Same. I tried it once and I don't really like it, it feels like you aren't trading for yourself. As a trader for more than 2 years, using bot is defeating the essence of the real personal trading.

Instead, I prefer to make my own decision as to when to buy/sell, this is not something I can entrust a bot programmed and trained only on a limited amount of data to deal with - but maybe others do prefer automation.
It is not just you practice trading, it also serves as your personal growth in trading this is why I don't really prefer using bot in trading.

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July 06, 2020, 03:52:17 AM
 #57

That's the perspective is the people in making money while you are sleeping but in my opinion, it is quite good because they become dependent all the time let's take a look at the Ai or bot trading this is a programming language uses by the developer and handled the computer codes and depends on him and the algorithm how do the trading works, I recently use a trading bot because I used those to try only and I lost most of my trades at the end I lost almost five dollars in my trade so I need to change trading bot I used then I already gained almost three dollars above per day not quite bad but if you trade in your own sometimes it takes time and stress you out if you are going to in it out your funds just to make income but still you know how to manage this properly, still I made my own trading because it is more profitable I earned almost ten dollars a day instead of using bot at the same time I learn more in trading.

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July 06, 2020, 11:18:39 AM
 #58

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection


I wouldn’t trust in using crypto trading AI bots. They are not accurate to be honest in terms of trading decisions, and it’s much riskier than manual trading. For me, manual trading is still very effective as of today because we control our own decisions. Relying on crypto AI trading bots won’t make us better in trading Bitcoin and altcoins in the market.

But still, most of the newbies and desperate ones are looking for some “set and forget” stuff like the crypto trading AI bots. And it’s just sad that they still haven’t learned their lesson after losing lots of money from these trading AI bots.

Much better to be educated in becoming skilled traders. There are educational platforms and courses that they can find in the market to learn more about becoming a skilled cryptocurrency trader. Platforms like NewsCrypto, Udemy, TraderCobb, Trading Heroes, etc., are going to help them. Youtube videos are also helpful for them to get started learning about cryptocurrency trading rather than putting all of your funds in these trading AI bots.

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July 06, 2020, 02:20:44 PM
 #59

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection

Lol welcome to you because Bot inc rypto has been around for many years now and trust me it is not all profitable specially in volatile market like crypto.
I see that the bots are not a new thing, they have been around for a while. Frankly, I never trust these bots, despite the way they work. I always prefer to work manually, it is safer and more reliable for me
i am using stop loss sometimes but that is only several time because like you i prefer doing my trades manually but now that i stopped trading ,i care nothing about Bot lol.

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July 06, 2020, 02:41:30 PM
 #60

Bot inc rypto has been around for many years now and trust me it is not all profitable specially in volatile market like crypto.
Not due to the reason of volatile market, bot trading is not profitable; it is not profitable because a bot cannot trade like human. Accept the fact; only up to some level machine codes can perform because we are not having any artificial intelligence (AI) implemented anywhere but we are having only kind of machine learning. There are a lot of difference between them.

In my opinion on AI based things are just trying to mislead innocent people because we are not having technology to make machines to think on their own itself. But we can make them to respond based on the previous similar occasion which is known as machine learning.

So, next time when someone trying to convince you about a trading bot like it will perform even in volatile markets like crypto, please do not live in to them.
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July 06, 2020, 08:50:36 PM
 #61

I have been a big part of this world, been a user, been a seller, even tried to make my own. I can tell you that it is not worth it. Bots are sold for a lot of money (because they know that if they do monthly you won't use it on second month and if it is monthly it is a lot of money). And the only reason to spend that much money is if you are already a veteran trader that knows everything he needs to know and only make those kinds of investments for saving some time and making sure the bot runs exactly how he wants it to run. If you are a newbie, bots are useless and only a way to lose money.

I had a friend who lost 5k dollars overnight only because he failed to set the bot up properly, wasn't bots problem because it was my friend who made a mistake, but unless you are a veteran they really don't worth it.

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July 10, 2020, 02:41:37 PM
 #62

I have been a big part of this world, been a user, been a seller, even tried to make my own. I can tell you that it is not worth it. Bots are sold for a lot of money (because they know that if they do monthly you won't use it on second month and if it is monthly it is a lot of money). And the only reason to spend that much money is if you are already a veteran trader that knows everything he needs to know and only make those kinds of investments for saving some time and making sure the bot runs exactly how he wants it to run. If you are a newbie, bots are useless and only a way to lose money.

I had a friend who lost 5k dollars overnight only because he failed to set the bot up properly, wasn't bots problem because it was my friend who made a mistake, but unless you are a veteran they really don't worth it.

We don't sale our bot for individual people as a standalone app, people subscribe to Dephlagy  with a reasonable monthly subscription fee, We have many kinds of customers most of them have their own job and don't have trading knowledge they happy even with 10% of monthly profit as you know it's very easy on this market only by 2 or 3 low risks good trade in a month
I think many of peoples comment on this topic don't read our answers about the bot and how it works
it's not stand alone buy-sell only bot, it does not trade 24 hours we enter on good and safe opportunities with good Risk / Reward ratio high profit's not important for us only made money continuously is very important
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July 13, 2020, 02:25:14 PM
 #63

Can someone further explain this trading bot to me, I am trying to learn as much as I can and think that this is a part of the journey, what are the pros and cons of bot trading, is there a recommended bot? Thank you for the response.

If we are talking about automated trading bots, then we need to understand that this is primarily an algorithm. Which acts according to a certain kind of circumstances.
Many write such bots based on the analysis of the entire past life cycle of the crypto market.

Based on these data, a strategy is built for the bot for each market potential, however, the market is so dynamic and not predictable that most often these bots are able to show profit only for a short month or two.
Further, under a certain set of circumstances, the bot merges large amounts of money.
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July 13, 2020, 04:45:51 PM
 #64

Can someone further explain this trading bot to me, I am trying to learn as much as I can and think that this is a part of the journey, what are the pros and cons of bot trading, is there a recommended bot? Thank you for the response.

If we are talking about automated trading bots, then we need to understand that this is primarily an algorithm. Which acts according to a certain kind of circumstances.
Many write such bots based on the analysis of the entire past life cycle of the crypto market.
Should we stop calling it AI if this is the case? since AI is a type of intelligence which can be hardly to spot on humans because this is an instant display of decision, in short AI is a super intelligence of all.
Now trading bots are just bots, they just follow command, nothing more, nothing less too far to be called as an AI. Having it in crypto market makes no sense at all, market changes everytime and we don't have room for such laziness in here.

Based on these data, a strategy is built for the bot for each market potential, however, the market is so dynamic and not predictable that most often these bots are able to show profit only for a short month or two.
Further, under a certain set of circumstances, the bot merges large amounts of money.
This is what exactly what I'm talking about, if bots are just created to follow such settings then it is not really guaranteeing you profit. big X for using it casually, it is best when being AFK.

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July 13, 2020, 05:53:56 PM
 #65

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection

Caption is nice to read and very attractive to get attention from much people. But truly I have some doubt about it. How it will run? May be it will run how we give input to it. Most importantly, will it work if the market gradually change the system without our monitoring?

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July 13, 2020, 07:19:47 PM
 #66

If we are talking about automated trading bots, then we need to understand that this is primarily an algorithm. Which acts according to a certain kind of circumstances.
Exactly and hence the OP should not have said that if used wisely they give out 1-2% profits daily because earning 2% daily profit is really not easy based on any algorithms and that is the problem when I see bot developers or promoters saying that it can give 1-2% daily it makes me feel like they are just over confident about their algorithm and software.

I had a friend who lost 5k dollars overnight only because he failed to set the bot up properly, wasn't bots problem because it was my friend who made a mistake, but unless you are a veteran they really don't worth it.

That's right because if even you are using a genuine bot and it is expected to give find returns but if you are not familiar with how it works and what data needs to be entered and how it will work based on the data, the bot can become a loss machine in no time.

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July 13, 2020, 07:51:03 PM
 #67

~snip~
Caption is nice to read and very attractive to get attention from much people. But truly I have some doubt about it. How it will run? May be it will run how we give input to it. Most importantly, will it work if the market gradually change the system without our monitoring?
How it will run? It needs those people who fully understand the market and you can set up the bot with your knowledge and skills in trading. If you don't have the knowledge you won't able to set up the bot and I guess you will end up nothing. Don't rely on bot trading because they just only the bot that will be monitoring the market while you are away from your computer to execute trading.

However, in short, this is not good for a newbie in trading it will not beneficial effect.

You can trade manually by your won and your study. There's no need to take advantage of the market.

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Dephlagy (OP)
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August 03, 2020, 01:14:26 AM
 #68

~snip~
Caption is nice to read and very attractive to get attention from much people. But truly I have some doubt about it. How it will run? May be it will run how we give input to it. Most importantly, will it work if the market gradually change the system without our monitoring?
How it will run? It needs those people who fully understand the market and you can set up the bot with your knowledge and skills in trading. If you don't have the knowledge you won't able to set up the bot and I guess you will end up nothing. Don't rely on bot trading because they just only the bot that will be monitoring the market while you are away from your computer to execute trading.

However, in short, this is not good for a newbie in trading it will not beneficial effect.

You can trade manually by your won and your study. There's no need to take advantage of the market.

This, not a Standalone program you can download and set up for trading, we serve our customers by API keys and now customers can subscribe to our bot all trading activity under the control of our trader's bot can decide entry zones profit and stop-loss zones by market data /Fibo levels and also decide for short/long and quantity by Funding rate it's optimized to make a profit even small bot can place 50 /sec /account by ladder orders always bot improve entry until stop if funding rate is in our side try to catch that also all this calculate in a second.

We have monthly service for the test but for better performance 3-month service advised.
everyone can join in Dephlagy.com website and also check youtube proofs  (we have a limited to 30 person discount for first orders by "8BVFC5H6" coupon code)
tvplus006
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August 03, 2020, 08:33:06 AM
 #69

Ever since, i never use bot. I have seen different feedbacks about trading bot and most of them aren't that good though. If we can read tools like fundamental and technical analysis, charts and volumes, we can trade by our own even we do  not use trading bot. At first, I was curious at how those algorithms trading bot are doing but we are still in a volatile market that even trading bot can't even manage.
 
 How accurate that bot is? Seems you are sure we may have steady profit in here as you say.
You just think the same thing as me. I prefer to trade manually than trade by using BOT. The reason is that trading bot is nothing more than a machine that works based on our commands. Whatever it is, it still have to depend on our command. Therefore, learning how to trade manually is extremely important. I may take a look about it later, but now, I prefer to trade by myself.

I had experience using a trading bot, but it did not bring me a profit at that time. My opinion is that in a bear market, the bot's algorithms do not allow you to make a profit, each time leaving more and more open orders, which you then have to close with a loss manually. For this reason, I refused to use the trading bot.

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BALIK
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August 03, 2020, 11:59:18 AM
 #70

I would strongly recommend staying away from AI trading bots unless you've got significant experience turning a profit while trading manually.

These bots can be prone to make extreme errors that can absolutely destroy your portfolio, particularly when manual traders know that there are bots trading the market.

It's not hard to set up traps that will force bots to act in a damaging way.

If you want to earn a good % per day, but don't have the skills to do so, then invest in a hedge fund or pay a fund manager to trade for you.

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August 04, 2020, 03:06:54 PM
 #71

I have been part of a trading bot team and I have sold a lot of it and I can tell you from inside that bots are not for newbies, it is for people who can make money using the trading bot because it requires a lot of technical and financial information. You have to both know about the technical stuff behind the bot like the language and other stuff and make sure you understand it completely as well and how it works, but you also need to know trading stuff like indicators macd, bollinger etc etc stuff so that you can use the bot to its full extent.

If you are a noob that doesn't know anything, you are 100% going to lose your money and there is no way you can profit unless you are super lucky since it is definitely not a thing that is destined to help you unless you know what you are doing.

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August 05, 2020, 03:21:46 AM
 #72

If AI bots can make profit, no one want to share it  to the others. You must to ask yourmind what is their purpose when they share the trading bots?
With me, the answer is they want to make profit without risk so the easily way to do this is use money of the other( get commission if the trade is profitable and lose nothing if the trade is  losses).
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August 06, 2020, 07:54:16 PM
 #73

Before jumping into making use of bots and thinking that it’s a good idea, it’s best to think twice about it and do a better research to understand the different types of bots and how they function. They are completely different, and it’s not like the op have said it, you don’t just install the bots and start chilling while they make you millions of dollars, it still requires you making some adjustments from time to time. You have set them up properly before you will be able to be making profit from it.

Overall like I said, there are different types of bots you will have to know the one you need and then how to set it up properly for it work how you want.

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stomachgrowls
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August 06, 2020, 08:22:03 PM
 #74

I have been part of a trading bot team and I have sold a lot of it and I can tell you from inside that bots are not for newbies, it is for people who can make money using the trading bot because it requires a lot of technical and financial information. You have to both know about the technical stuff behind the bot like the language and other stuff and make sure you understand it completely as well and how it works, but you also need to know trading stuff like indicators macd, bollinger etc etc stuff so that you can use the bot to its full extent.

If you are a noob that doesn't know anything, you are 100% going to lose your money and there is no way you can profit unless you are super lucky since it is definitely not a thing that is destined to help you unless you know what you are doing.
Common mistakes of noobs on where they do believe that easy money exist into this field where they do believe that bots can make them rich in no time without even realizing that reality doesnt work like that.

Even if you are knowledgeable into these things you cant still assure that you would able to get constant or sure profits but somewhat it is much better compared to those people who do just simply ran off their bot
without even knowing the basics or how things do work.

Make money while you sleep and do make the bot do its job? yes its possible but dont expect that results would be always positive.

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Dephlagy (OP)
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November 29, 2020, 07:14:09 PM
 #75

I have been part of a trading bot team and I have sold a lot of it and I can tell you from inside that bots are not for newbies, it is for people who can make money using the trading bot because it requires a lot of technical and financial information. You have to both know about the technical stuff behind the bot like the language and other stuff and make sure you understand it completely as well and how it works, but you also need to know trading stuff like indicators macd, bollinger etc etc stuff so that you can use the bot to its full extent.

If you are a noob that doesn't know anything, you are 100% going to lose your money and there is no way you can profit unless you are super lucky since it is definitely not a thing that is destined to help you unless you know what you are doing.
Common mistakes of noobs on where they do believe that easy money exist into this field where they do believe that bots can make them rich in no time without even realizing that reality doesnt work like that.

Even if you are knowledgeable into these things you cant still assure that you would able to get constant or sure profits but somewhat it is much better compared to those people who do just simply ran off their bot
without even knowing the basics or how things do work.

Make money while you sleep and do make the bot do its job? yes its possible but dont expect that results would be always positive.

When you have a plan and strategy for example R/R ratio rules in long and midterm with a high number of trades you will win
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December 02, 2020, 07:15:11 PM
 #76

You can do the same thing when you setup a node on a DEX like Blocknet and collect trading fees. I'm sure there are other projects with similar setups, but this is how I plan to make money while I sleep in the future.

DEX's has seen MASSIVE volume over the past 2 years, and it doesn't seem to stop, which made me setup a node on Blocknet. Ready for the bullrun to approach  Wink
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December 02, 2020, 11:37:55 PM
 #77

So, according to this thread, if it's possible to make money while you fall asleep and have a good night sleep of 8 hours, then what about another 16 hours when we are awake? If I make a profit at night with the help of AI, then I would make a double profit at daytime.
Okay, trade with AI. The most interesting thing for me will be to look at versus of two AI. These people talk like no one loses in trading but in reality you profit because I lose and opposite. It's not only math behind trading, otherwise, it would be the easiest thing.

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maydna
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December 03, 2020, 04:44:58 AM
 #78

So, according to this thread, if it's possible to make money while you fall asleep and have a good night sleep of 8 hours, then what about another 16 hours when we are awake? If I make a profit at night with the help of AI, then I would make a double profit at daytime.
Okay, trade with AI. The most interesting thing for me will be to look at versus of two AI. These people talk like no one loses in trading but in reality you profit because I lose and opposite. It's not only math behind trading, otherwise, it would be the easiest thing.

We will get lose Grin

Nah, I am kidding Grin

I am not sure if the AI can help us make a profit in trading because the AI is not ready (or I don't know much about that). I prefer to trade by myself than to use a bot because I want to improve my skills. Besides that, the crypto market is not the same as the other trading type, and the crypto market still moves up and down.

If I can learn more about trading, I am sure that I can make a profit, and I don't have the AI. Perhaps, in the future, when the technology is ready, and the bot can also analyze where the market moves correctly, I will use that bot.
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