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Author Topic: Recommended Trading Bot.  (Read 372 times)
KnightElite
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August 07, 2020, 01:31:01 PM
 #41

Actually it is not recommend for newbies to use trading bots, how can you fully understand trading of cryptocurrencies if you will rely to the trading bots only. There is consequences about it because for sure you will become dependable on using it and it may lead to not able develop and polish your skills in trading.

I recommend if you will focus on manual trading or what they called trading by yourself. Most of the professionals are not using any bots so basically they doing manueal trading because it is more good than trading bots because it us just a waste of money and time. I do not say that you cannot earn from using trading bots but there are a lot of traders who are losing because of it so be careful if you plan to use it.
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August 08, 2020, 12:33:55 PM
 #42

Actually it is not recommend for newbies to use trading bots, how can you fully understand trading of cryptocurrencies if you will rely to the trading bots only. There is consequences about it because for sure you will become dependable on using it and it may lead to not able develop and polish your skills in trading.

I recommend if you will focus on manual trading or what they called trading by yourself. Most of the professionals are not using any bots so basically they doing manueal trading because it is more good than trading bots because it us just a waste of money and time. I do not say that you cannot earn from using trading bots but there are a lot of traders who are losing because of it so be careful if you plan to use it.

Still, there are a lot of people or newbies want to make a trade with their bots because they think it's easier to earn money without nothing that's the concept right now they think the trading is one of the easiest like a common term or called as "easy money or ez money" still I highly recommend to the newbies that take time to study the world of trading.

Before I was starting into the world of trading is I need to take a lot of time first knowledge about the market movement and next what are the next reading of the graph.

There are a lot of newbie learners some of them are more on the actual trading and just realize what are things they need to do, but I think it's quite problematic because looks like you need an investment fee.

Next is the person who is reading a lot of books and guides they watch and apply for their trades those are the play safe player mostly.

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August 08, 2020, 01:47:22 PM
 #43

If you are a newbie, don't use trading bots first, because newbies need to learn a lot about trading.
Manual trading is the best choice for newbies, but if you are an advanced user you can use a trading bot.
There are several recommended trading bots for advanced users. Like Cryptohopper, 3Commas and Shrimpy.
Keep in mind that automated crypto trading doesn't guarantee you can always be profitable when trading.

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South Park
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August 09, 2020, 04:19:12 PM
 #44

Actually I really do not recommend using a trading bot, especially for a newbie. Don't think using a good trading bot,
we automatically can earning profit. Trading bot is only for traders who already have advanced capabilities, because
it needs to be done settings for the bot that we use. If you are not careful using a trading bot you can lose money and
trading capital you have can be used up. Of all the trading bots that I have tried, only CryptoHopper and Gunbot are
recommended for use.
Newbies do not really understand this, they believe a bot is a tool that makes profits on its own, the only legitimate reason for someone to use a bot is if they are already a profitable trader and they have a system that is simple enough for a computer to use and it will be more effective in the hands of a computer thanks to their ability to trade the markets without rest, not only this will increase your profits it will also reduce your workload and you will be able to earn money while sleeping which I think is the dream of many here.

Your statement is correct since bot are designed to be useful when the trader itself understand
the market behaviors, it's not a exact money making tools
But rather a system that helps you lessen your time monitoring your trading positions, newbies
that don't have actual trading experienced
should think twice before using bot, once they wrongly configured the system, it will risk their
investment, and chances to lose everything  is very high.

Exactly, a newbie that doesn't know how to trade will probably make a lot of mistakes at the beginning of his career and it is important that a newbie makes those mistakes himself so he can learn from the experience, a bot is not going to learn anything from the experience and if anything its ability to trade without rest is going to be something that plays against you and not for you as it loses money way more rapidly than you would as a newbie trader.

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Kong Hey Pakboy
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August 10, 2020, 01:02:22 PM
 #45

If you are a newbie, don't use trading bots first, because newbies need to learn a lot about trading.
Manual trading is the best choice for newbies, but if you are an advanced user you can use a trading bot.
There are several recommended trading bots for advanced users. Like Cryptohopper, 3Commas and Shrimpy.
Keep in mind that automated crypto trading doesn't guarantee you can always be profitable when trading.
Manual trading is better than automated trading. That is why it is not recommended for newbies to used this kind of tool in trading because they will not learn how to analyze the charts and how to trade properly that they will only depend on the trading bots. Trading bots will definitely not help you to make a successful trades, but it will help you to manage your portfolio while you are away because trading bots are automated computer program that will help you buy and sell in a right time.

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August 10, 2020, 02:02:57 PM
 #46

Hello I have read so many articles about trading bots, which trading bot do you recommend for a newbies and also for an advance users ?
I was also looking it by then and created this TOPIC
 to ask how bots can be of good help to become more profitable and work for us after setting it up. However, I was disappointed to know that Bots can't just provide what we wanted to be and can't rely on it to have a reliable positive output.

Maybe they are right and maybe I was hopeless then to have Bots that will work good (or at least). But I hope that you can look for it the same thing I do. And I believe that this innovative trading strategy will work great in the future, we only need time for it to completely develop into near perfection. That is why I will never to recommend something for you coz until now, I'd never find it.

Anyway, I hope this could help. https://tradingstrategyguides.com/crypto-trading-bot/

Thanks very much man, your response was very helpful.
cutezap (OP)
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August 10, 2020, 02:10:28 PM
 #47

Hello I have read so many articles about trading bots, which trading bot do you recommend for a newbies and also for an advance users ?
You may lose some money when you want to start with it without developing a strategy.
start with zero risk Trading Simulators and then choose your trading bot

https://cryptoparrot.com/: take advantage of our free simulated crypto exchange without risking your capital.
https://bitcoinflip.app/: free bitcoin simulator and cryptocurrency trading game for beginners in the trading world.

then any trading bot will make you making profits.

thanks very much, will definitely check the site and do some free risk trading.
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August 10, 2020, 07:44:25 PM
 #48

Actually it is not recommend for newbies to use trading bots, how can you fully understand trading of cryptocurrencies if you will rely to the trading bots only. There is consequences about it because for sure you will become dependable on using it and it may lead to not able develop and polish your skills in trading.

I recommend if you will focus on manual trading or what they called trading by yourself. Most of the professionals are not using any bots so basically they doing manueal trading because it is more good than trading bots because it us just a waste of money and time. I do not say that you cannot earn from using trading bots but there are a lot of traders who are losing because of it so be careful if you plan to use it.
I definitely agree that newbies should not use bots because without knowing how to trade first the bot itself will not be useful at all. Manual or automatic is not really that much different in the setup stage of it. Such as if you want to buy at a certain place because of a reason, you do that with the bot and you do that yourself as well, you setup your bot to do the same thing you yourself personally would do.

Hence I think first newbies should learn more about how to trade and if they know how to trade themselves that means they could use the bot a lot better as well. Without knowing anything about trading, they would just do whatever the bot is telling them to do and that means going into trading blindfolded and that is why they will fail and lose money.
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August 13, 2020, 06:24:12 PM
 #49

Actually it is not recommend for newbies to use trading bots, how can you fully understand trading of cryptocurrencies if you will rely to the trading bots only. There is consequences about it because for sure you will become dependable on using it and it may lead to not able develop and polish your skills in trading.

I recommend if you will focus on manual trading or what they called trading by yourself. Most of the professionals are not using any bots so basically they doing manueal trading because it is more good than trading bots because it us just a waste of money and time. I do not say that you cannot earn from using trading bots but there are a lot of traders who are losing because of it so be careful if you plan to use it.
I definitely agree that newbies should not use bots because without knowing how to trade first the bot itself will not be useful at all. Manual or automatic is not really that much different in the setup stage of it. Such as if you want to buy at a certain place because of a reason, you do that with the bot and you do that yourself as well, you setup your bot to do the same thing you yourself personally would do.

Hence I think first newbies should learn more about how to trade and if they know how to trade themselves that means they could use the bot a lot better as well. Without knowing anything about trading, they would just do whatever the bot is telling them to do and that means going into trading blindfolded and that is why they will fail and lose money.
I think it is quite ironic don't you think? Newbies that do not know anything about the market cannot really use bots to their full potential but if you learn to trade by yourself then you don't really have a lot of need for a bot, the only aspect in which bots are way better than humans is on their ability to trade the markets without rest and without making any mistakes, and those two features can only be appreciated by expert traders that know what they are doing.

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DevilSlayer
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August 14, 2020, 05:20:52 AM
 #50

Actually it is not recommend for newbies to use trading bots, how can you fully understand trading of cryptocurrencies if you will rely to the trading bots only. There is consequences about it because for sure you will become dependable on using it and it may lead to not able develop and polish your skills in trading.

I recommend if you will focus on manual trading or what they called trading by yourself. Most of the professionals are not using any bots so basically they doing manueal trading because it is more good than trading bots because it us just a waste of money and time. I do not say that you cannot earn from using trading bots but there are a lot of traders who are losing because of it so be careful if you plan to use it.
I definitely agree that newbies should not use bots because without knowing how to trade first the bot itself will not be useful at all. Manual or automatic is not really that much different in the setup stage of it. Such as if you want to buy at a certain place because of a reason, you do that with the bot and you do that yourself as well, you setup your bot to do the same thing you yourself personally would do.

Hence I think first newbies should learn more about how to trade and if they know how to trade themselves that means they could use the bot a lot better as well. Without knowing anything about trading, they would just do whatever the bot is telling them to do and that means going into trading blindfolded and that is why they will fail and lose money.
I think it is quite ironic don't you think? Newbies that do not know anything about the market cannot really use bots to their full potential but if you learn to trade by yourself then you don't really have a lot of need for a bot, the only aspect in which bots are way better than humans is on their ability to trade the markets without rest and without making any mistakes, and those two features can only be appreciated by expert traders that know what they are doing.
Bots cannot make you rich in trading, do not be part of the people who thinks bot is the key to make a gain in trading. That kind of thinking is dangerous because there is high chance where you can lose your capital by depending on bots only. What I recommend to many traders out there is to learn manual trading because it is really the key to become a successful trader. Actually, you cannot call your self as a trader if you will just depend on trading bots. Trading with the use of your own knowledge and skills can help you to succeed in trading.
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August 14, 2020, 06:57:24 PM
 #51

Check my topic here: https://bitcointalk.org/index.php?topic=5260845.0
I share the results and experience with cloud-based trading bot solutions.

TRADINGBOT.INFO - Everything you need to know about cryptocurrency trading bots [Reviews, Guides, Testings]
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August 18, 2020, 09:22:26 PM
 #52

Gunbot is sold thru Resellers, Guthy.org does not sell licenses, all those sites you mentioned are Official Gunbot Resellers and pretty soon you will see more, since every Gunbot Owner can become a reseller, a new site will be updated soon with a resellers page for buyers to verify and choose any particular reseller.

The price is the same for all, the choice of reseller is yours, some offer extra support or a different language.

You can read more about the new developments here: https://viraltrading.org/gunthy-exchange-gunbot-school-resellers-program/

Im also part of the new resellers program, so you can ask me if you have any more questions.

Hope it helps.
I know it is sold from resellers, but if you check the message I am replying to which was carlfebz2 who said "let's put up some link" and put up gunbot.com which is a resellers. You can go to gunthy.org and find the resellers there and you could talk to gunthar himself if you want to, do you think gunthar doesn't sell at all? He does sell himself if you ask to him as well and nark and ex would help you with the support as well, they are official support of gunthar, at least they were when last I checked. Which is why I think it is crucially important that people should know which website is reseller and which website is the original.

Go buy from any reseller you want, but know that you are buying from a reseller, what carl did was looked like gunbot.com was the OG website and I just wanted to clear that up, the original website is gunthy.org

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August 18, 2020, 09:47:35 PM
 #53

Trading using a bot is still is in our control, it is not just like we think that it trades automatically without our hands. It will only run for trading after we set up and I don't think newbie has the knowledge to perform it.

It somehow is not a big issue here, there are a lot of unreliable sources of trading bots that could possibly make you a victim to this. If you can find a legit trading bot, maybe it is good to try as a learning experience but not really a thing we need to rely upon instead of having our hands and minds to work on it manually.

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August 18, 2020, 10:40:32 PM
 #54

Hello I have read so many articles about trading bots, which trading bot do you recommend for a newbies and also for an advance users ?
^ I think you are not really serious in trading because if you are serious you will not prefer to learn about trading bots especially for a newbie maybe? I had rather go ride with traders Invest a decent amount of money and wait for the return of investment rather than using a bot and even tho you are gonna use trading bot, you will be checking from time to time for sure? if you want easy money I had rather recommend gambling, sports gambling you just need to analyze.
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August 19, 2020, 11:29:25 AM
 #55

Gunbot is sold thru Resellers, Guthy.org does not sell licenses, all those sites you mentioned are Official Gunbot Resellers and pretty soon you will see more, since every Gunbot Owner can become a reseller, a new site will be updated soon with a resellers page for buyers to verify and choose any particular reseller.

The price is the same for all, the choice of reseller is yours, some offer extra support or a different language.

You can read more about the new developments here: https://viraltrading.org/gunthy-exchange-gunbot-school-resellers-program/

Im also part of the new resellers program, so you can ask me if you have any more questions.

Hope it helps.
I know it is sold from resellers, but if you check the message I am replying to which was carlfebz2 who said "let's put up some link" and put up gunbot.com which is a resellers. You can go to gunthy.org and find the resellers there and you could talk to gunthar himself if you want to, do you think gunthar doesn't sell at all? He does sell himself if you ask to him as well and nark and ex would help you with the support as well, they are official support of gunthar, at least they were when last I checked. Which is why I think it is crucially important that people should know which website is reseller and which website is the original.

Go buy from any reseller you want, but know that you are buying from a reseller, what carl did was looked like gunbot.com was the OG website and I just wanted to clear that up, the original website is gunthy.org


The point is that everybody buys from a reseller, yes Nark and Exquitas are also Official Resellers and Gunthy Staff, but they offer the same price as any other reseller.

Gunthar doesn't have time to sell, think of askin Bill Gates to sell you Windows, if you contact him he prolly send you to a reseller Smiley

If you look closely you realize that shop.gunthy.org is a subdomain of gunthy.org and managed by Exquitas if you check his old reseller site Gunthy.io you will get redirected to shop.gunthy.org, so, No Gunthy.org do not sell gunbot, gunbot is sold thru resellers but every reseller can offer you personal help in your native language or any extra help or offer

Same as Pim is a core developer the wiki writer and the owner of Gunbot.com is not going to get more official than that Smiley

Every new client, from any reseller will have access to the new Gunbot Shool and the New Ticket System, so the main responsibility of the reseller will be taking care off by Gunthy LTD

If any particular reseller chooses to give you an extra $100 rebate, help you extra with bitRage/Market Maker or speak Spanish/Arabic/Russian, then you got a reason to buy from him/her, but the main prices are the same across the board.

Here is the New List of Official Resellers that you will see soon on the thew Gunthy site:



That list will be updated as new Resellers join the program. (If you're a Gunbot Owner You too can be part of it)

Just want to clarify on the new Gunthy business model. Hope it Helps

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