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Author Topic: The most safe AI trading bot?  (Read 394 times)
timmmers (OP)
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June 23, 2020, 06:07:10 PM
 #1

Hello, does somebody know about some trading solution that trades automatically while you sleep? Something that doesn´t require your time and skill? I used Zignaly last time, but the situation in the market changed and altcoins didn´t perform well, so my portfolio was in a loss and I decided to stop, now I am looking for something that is proven to work even the market is currently quiet.

Thanks for every suggestion!

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June 23, 2020, 06:20:04 PM
 #2

i have seen a bunch but none of them could keep performing well since they aren't really "AI", they are just predefined scripts that perform the same action based on a bunch of conditions that were hardcoded by the  developer and since the altcoin market is extremely unpredictable they always end up "confused" and lose you a lot of money. all is needed is a simple dump or even a pump to screw with the bot completely.

There is a FOMO brewing...
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June 23, 2020, 06:28:06 PM
 #3

Agree with the above there's no trading bot that will give you profit automatically since crypto is unpredictable.
It is just an automated script/program with trading strategies that you can only use to automate trading tasks.

Anyway, if you are looking for a list of trading bots you can check the list below

- List of Cryptocurrency Trading Bots and Exchanges with Use

For now, Gunbot is the only trading bot that has many strategies so I suggest you to check Gunbot.

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June 23, 2020, 08:28:47 PM
 #4

Hello, does somebody know about some trading solution that trades automatically while you sleep? Something that doesn´t require your time and skill? I used Zignaly last time, but the situation in the market changed and altcoins didn´t perform well, so my portfolio was in a loss and I decided to stop, now I am looking for something that is proven to work even the market is currently quiet.

Thanks for every suggestion!
Dont expect for trading bots to perform well from time to time. Market volatility is high and as said above these will make out confusion.

Bots are for automation not for generating profits for you and i do disagree that this one doesnt require skills unless if you do only just used

already set-up scripts then just simply put up and let it run.As mentioned above, among on the trading bots in the market - Gunbot is worthy to check out.

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June 24, 2020, 02:22:36 AM
 #5

Hello, does somebody know about some trading solution that trades automatically while you sleep? Something that doesn´t require your time and skill? I used Zignaly last time, but the situation in the market changed and altcoins didn´t perform well, so my portfolio was in a loss and I decided to stop, now I am looking for something that is proven to work even the market is currently quiet.

Thanks for every suggestion!
Trading bots just execute the trades with given criteria so they are not AI bots and already some threads created with the name AI bots so don't trust them.If you want to make money from trading then oearn it first,you can't make money from anything without knowing nothing.
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June 24, 2020, 06:36:56 AM
Merited by suchmoon (7)
 #6

This is like asking for a text editor that will write you bestsellers just by installing it...

Bots are tools. And like with any tool; they work as well as their operator does...


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June 24, 2020, 07:02:34 AM
 #7

I would not say that one AI trading bot is safe than the other because that will depend on how good you understand about setting the bots, and how you can analyze the market. The trading bot will not work well if you don't know anything, or you don't have any knowledge about trading, even if you have the best AI trading bot from the famous developer.

The simple bot can work well if you know much about trading, and you can set the bot to run as what you want, and if something changes on the market, you will be able to change the setting so that the bot can run well again.
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June 24, 2020, 07:26:10 AM
 #8

I would not say that one AI trading bot is safe than the other because that will depend on how good you understand about setting the bots, and how you can analyze the market. The trading bot will not work well if you don't know anything, or you don't have any knowledge about trading, even if you have the best AI trading bot from the famous developer.

The simple bot can work well if you know much about trading, and you can set the bot to run as what you want, and if something changes on the market, you will be able to change the setting so that the bot can run well again.
YUP! This is the point, guys! Don't think that AI bot will do all the work for you! The trading bot works based on your commands. So, if you don't know anything about the market, you can't analyze it, then the bot is useless! A lot of people misunderstood how the bot works that leads to a lot of failures and losses!

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June 24, 2020, 07:54:27 AM
 #9

Zignaly is a good trading bot because I once tried it to help me manage my portfolios while I am away.  But in my own opinion, trading bots are not precisely can help you to make a succesful trades or make profit because Artificial Intellegence (A.I.) are not accurate in analysing the market charts, that is why it is much better to trade manually than using trading bots.

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timmmers (OP)
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June 24, 2020, 09:15:48 AM
 #10

Okay guys, and any platform that works with signals that come from reputable traders? As I said I used these platforms in the past, but didn't get promising results, so I would like to get tips from guys that already using them and have profit.
Thank you!

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.Akoin













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June 24, 2020, 11:30:04 AM
 #11

i have seen a bunch but none of them could keep performing well since they aren't really "AI", they are just predefined scripts that perform the same action based on a bunch of conditions that were hardcoded by the  developer and since the altcoin market is extremely unpredictable they always end up "confused" and lose you a lot of money. all is needed is a simple dump or even a pump to screw with the bot completely.

Using a bot in trading? I'd rather make myself better in trading that use a trading bot.

Trading bot is not that effective in any situation especially if we know that the market is not that stable. Your strategies should depend on your technical analysis in the market, you are the one who are responsible for the result of your trading that's why you should not rely on a trading bot. I already used a trading bot before but I don't find it really effective when I want a huge profit in trading, it just increase more risks for me. But I suggest you to try Gekko, that's a good trading bot that you can try. Just be careful on using it and always check it so that you will not have a huge losses. Failure and losses are unpredictable in a volatile market.

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June 24, 2020, 12:23:20 PM
 #12

I would not say that one AI trading bot is safe than the other because that will depend on how good you understand about setting the bots, and how you can analyze the market. The trading bot will not work well if you don't know anything, or you don't have any knowledge about trading, even if you have the best AI trading bot from the famous developer.

The simple bot can work well if you know much about trading, and you can set the bot to run as what you want, and if something changes on the market, you will be able to change the setting so that the bot can run well again.

Trading is risky and trading bots can make it more risky than it is. You should know more about trading before you engage to that, there are people who are using trading bot due to their laziness and that's a bad idea. If you know how trading works then it can improve how you manipulate it using trading bots with your assets. It doesn't mean that if you use trading bots, you will just leave it and the profits are there, that's not like that. Your success should start with you, you should know how to make yourself improve more and understand things in trading. That's the key essentials in having a lot of profits, learning the effectiveness of trading before using bots.
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June 24, 2020, 01:03:17 PM
 #13

Hello, does somebody know about some trading solution that trades automatically while you sleep? Something that doesn´t require your time and skill? I used Zignaly last time, but the situation in the market changed and altcoins didn´t perform well, so my portfolio was in a loss and I decided to stop, now I am looking for something that is proven to work even the market is currently quiet.

Thanks for every suggestion!
I usually don't trust AI bots. because it's all initial setup and when the market changes the algorithms will become obsolete. so there is no really good AI bot in telegram groups. Only financial corporations use trade AI bots, they invest millions of dollars into the bot so it can work properly. So you should trade with your ability, do not follow any bot.
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June 24, 2020, 06:14:10 PM
 #14

non of bitcoin trading bots deveolped my AI, most of them follows some preidication that may make profits or loss.
Stop dreamin, guaranteed profit means a percentage as low as 10%,
there are no ways to get such profits that make you rich while you sleep.
Try to learn and develop your own script and then you can integrate it into the robot or any other trading program.
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June 24, 2020, 08:12:29 PM
 #15

Hello, does somebody know about some trading solution that trades automatically while you sleep? Something that doesn´t require your time and skill? I used Zignaly last time, but the situation in the market changed and altcoins didn´t perform well, so my portfolio was in a loss and I decided to stop, now I am looking for something that is proven to work even the market is currently quiet.

Thanks for every suggestion!
^ It can work while your sleep and continue of what you have set when it comes to buy or sell option but actually it will not work by itself just for you.
Trading bots have been popular in conventional financial markets for years and there are a bunch of them now and only all I know is Gunbot and 3commas.
I suggest not relying on the algorithm of the trading because probably the bot is not coded or tested properly especially a newly launched bot that maybe have an error or maybe critical bugs that probably cause of losses your fund. Another is, be careful of using API on your trading bot that allows you to execute directly on an exchange, this probably turns out you into a scam. Nevertheless, manual trading is totally safe, no need to be greedy, and that is not the reason why you don't have rest.
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June 24, 2020, 09:06:18 PM
 #16

Bots will work if you know how to set up it's parameters, of course, bots are going to trade if you run it in VPS 24x7, but still base on your trading 'skills'. As far as the list, someone already posted it, every bots has its own strengths pros and cons, read and see what fits your need. But to say that it's going to make you money automatically is wrong mindset though.

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June 25, 2020, 08:01:53 AM
 #17

I used Zignaly last time, but the situation in the market changed and altcoins didn´t perform well, so my portfolio was in a loss and I decided to stop, now I am looking for something that is proven to work even the market is currently quiet.
You can expect same kind of performance from all available trading bots regardless of they are being claimed with AI based or highly tested under all types of market fluctuation or proven successful tracks for last 5 years or anything similar to that. All are just the traps to make you buy them but no bot could withstand against all market volatility as bots are just few strategies based codes and they may get failed like how we do trade.

does somebody know about some trading solution that trades automatically while you sleep? Something that doesn´t require your time and skill?
Probably you must need to code a bot as per your requirements. Just think about if anything available for getting you money all 24 hours without the need of your supervising then how many people  like you will buy such bot and start using them then who will lose so that you will get profits? All bots are subject to get failed. It is a rule of nature and rule of trading. Someone (or many) lose(s) at another end to get you profits at one particular trade.

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maydna
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June 25, 2020, 11:04:50 AM
 #18

Okay guys, and any platform that works with signals that come from reputable traders? As I said I used these platforms in the past, but didn't get promising results, so I would like to get tips from guys that already using them and have profit.
Thank you!

If you do not get promising results, perhaps, that is because the market conditions do not run as what the guide says, so that makes you confused about how to set the bots to run based on the market movements. The main brain for the bot is you, and only you will know when the bot should moves. So if you don't know how to analyze, then you can not set the bot properly. I suggest you learn trading by yourself and don't use the bot for some time so that you can test your skills, and who knows, the result will be better than when you use the bot. But you can visit Gunbot thread to know more about the bot.


He can use the bot if he can watch the bot running, but he still needs to have skills to understand how to use the bot. The most important is not how to set the bot, but how we can analyze the market, and we can apply the analysis to the bot, so we can get the right time to trade and make a profit.
Zackgeno96
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June 25, 2020, 11:32:32 AM
 #19

Okay guys, and any platform that works with signals that come from reputable traders? As I said I used these platforms in the past, but didn't get promising results, so I would like to get tips from guys that already using them and have profit.
Thank you!
You getting profit from the signals totally depends upon many factors, whether that coin is prepumped or not, are you fast enough to trade that coin, are you holding that coin even after the peak of the pump. Many people who provide signals always buys first or do whatever is told in the signal first and then sell it to general public and this always guarantee profit to those people who are providing the signals other people are the ones on whom they are dumping their coins that those managers brought a long time ago.

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GreatArkansas
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June 25, 2020, 01:41:54 PM
 #20

You getting profit from the signals totally depends upon many factors, whether that coin is prepumped or not, are you fast enough to trade that coin, are you holding that coin even after the peak of the pump.
There are some premium signals that also offer auto trader, it's kinda a bot but is controlled by a trader or owner of the premium signal group.
It's just like you are giving him access to do trades in your trading account.

E.g. in Bitmex, you gonna give your API key to one the premium signal you subscribed and once they want to do trade, they will execute the trade, and all subscribed account to there, will also able to open trade position on their account.

I think this is much better, but the cost of subscription fee is kinda huge.

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