Trading bot vs. you -> who's better?

[noormcs5]

The trading bot will not work unless there is no programmed with the human. I think the best is the BOT or an AI automatically set the trade for you there is no emotions, doubts and regrets about the decision unlike the human there is so many denials and doubts on their mind if they are gonna let go their position or not. No matter what is the best but the aim is the income if you are winning with the Bot go for it but if you think you can handle doing trade why not on your own but the problem is the time this requires allotment.

I have not used trading bots but i have heard they may not be useful in volatile market. No trading bot will grantee you 100% profit. Its better if you trade yourself and stop depending upon the bots.
Also bots are not free. You have to pay for the bot with no grantee of the profit. Not a good deal indeed.

[Ridwan Fauzi]

The human brain is better than robot, even the trading bot will never have a function because you will make your own strategy as your trading system in your trading bot. The trading is never run automatically at the first, you have to set where to buy and where to sell.

I have ever tried a trading bot, at least at that time I use ut for 1 week but I never comfortable when using it. We don't know what will happen next in the market because the market is running buy many psychology of human not robot, even we don't know an event that happen coincidentally like black swan and etc.

Just trust to your strategy because it just one way to you to get profit consistent not just getting a lot of profit in the short term but you get a huge in the long term. You have to know the market situation in order you stay here for a long time, that is the key for crypto trader. If you are able to stay for a long time then you will get money as you want.

[SaShiRaJaVu]

The answer is very easy, who created trading bot? human, therefore I would say that I'm better than the trading bot.

You might be better than a trading bot but you cannot monitor the market trend all the time but a bot is created to analyze the trend round the clock and the combination of your input skills make you a successful trader.

It's just a system use for to ease the job in trading but it also requires some monitoring as we are talking of money here, no system are perfect. Also, if you want to learn, better start trading by yourself first then try using bot in the long run, at least you have to build your skills and knowledge first, that's a must.

A system cannot be perfect if you have no idea what you are doing with it. Your input and method along with a bot could reap you benefit and bitcoin being a volatile market you can reap a huge profit if you understand the basic.

[trickbergen5]

There's a big difference between manual trading and using trading bot. Manual trading requires a lot of time to lear things like Analysing the market, checking how market conditions evolve, Evaluating the impact of the market moves on the profit and loss of his positions and etc... In short, you need a lot of time to do all that while the trading bot just do it straight away because they're already programmed to do it.

If you want to trade bigger coins like BTC I think it'd be safer to use a trading bot, besides using a tool like that gives advantages like no normal traders can do like how they don't sleep, how they're fast, how smart they are and how they trade without emotions or feelings.

BUT, It’s probably impossible to beat a professional trader. Experience plays a crucial role in managing stress and developing an advanced trading system. Sadly, traders that reach these high level of proficiency are very few. Only a very low percentage out of millions of people trading cryptocurrencies or traditional assets every day are professional.

[Astvile]

I have been using trading bots before back when I can't produce a technical analysis on my own. I can say that trading bots really have a good win rate on trades of course it depends on what bot you are using. Trading bots also helped me to hone my trading skills by understanding how the bot trades and adding my own touch to it.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

The bot performed well and better than me in my first days but now I can easily gain 1-month profit from the bot I am using before in just 2 weeks or less on my own. I am confident to say that I am better on the bot that I am using before.

[ice18]

Bot is really useful in trading, why I said so, Because bots are created the way a user want it to perform automatically it all depends on the strategy set by the user of bot and cannot be changed unless modified by the user thats the advantage of using bots it can trade anytime 24/7 and theres is no emotion involve with it since its a software a human can be very emotional when trading begins and maybe resulted in bad decision.

[londongamer]

There's a big difference between manual trading and using trading bot. Manual trading requires a lot of time to lear things like Analysing the market, checking how market conditions evolve, Evaluating the impact of the market moves on the profit and loss of his positions and etc... In short, you need a lot of time to do all that while the trading bot just do it straight away because they're already programmed to do it.

If you want to trade bigger coins like BTC I think it'd be safer to use a trading bot, besides using a tool like that gives advantages like no normal traders can do like how they don't sleep, how they're fast, how smart they are and how they trade without emotions or feelings.

BUT, It’s probably impossible to beat a professional trader. Experience plays a crucial role in managing stress and developing an advanced trading system. Sadly, traders that reach these high level of proficiency are very few. Only a very low percentage out of millions of people trading cryptocurrencies or traditional assets every day are professional.

But for me, it seems more okay with a trading bot nowadays, because if you consider the speed and convenience unlike manual it will be easier.
Like on kucoin, they have their own trading bot where I tried and traded BTC and ETH.

But of course, as you said, for sure a professional trader regardless if it is manual or it is a trading bot or he knows how he will make nice, huge and proper profits.

[Traderbtcc]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

Have been trading for a while now and using a trading bot has never crossed my mind, cause I still prefer manual trading over trading with a bots, with manual trading you can learn more from your losses and also be proud of yourself each time you make profit, unlike trading with bots which will automate everything you have no idea which trading strategy the bot is using all you just do is click a button and it will start running, the bot might even malfunction someday which might make you  loss alot of money, as a newbie trader my advice to you is that if you want to become a top dog in the trading aspect, stop using a bot to trade cause it will slow down your rate of learning, it's best you stay away from it.

[Distinctin]

Bots can be helpful, but using bots while you do not know about analyses will make you lose more than gain. There are many times bots will predict the market wrong. You can use signals, bots or any other things of such, but the best trade you can make is for you to learn, understand, start with low amount you can lose and have experience in trading yourself. Knowing about trading will make you good and better than depending on others. But you have to be very patient and not greedy, it can take you months.

We have to learn first before jumping into learning how bots will be used. Because many people were thinking that bots really work but before they are using this tool, they must have invested themselves in actual trading which is very important.
@OP, if you have more time to trade, make yourself comfortable doing it on your own. A trading bot is helpful but we should also have to understand that it runs only as we give a command to it. If we are wrong, obviously, the bot will also fail. If we don't have enough knowledge in trading, what we could give to the bot?

[VanDeinsberg12]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

Personally, with my hand on experience, I don't recommend bots for trading. Because you are using some strategy to code bot he is only reading the technical part and working accordingly. But assume that a big crash of stocks or some kind of news comes out then we can see unexpected moves in the market. But Bot hasn't any idea about the situation and he is doing his work according to the code. So you can lose your whole account balance.

Most of bot need to be configured first to suit your taste and honestly it's mostly just about setting the sell order and buy order and if the price reach certain point the bot gonna deploy an action corresponding to the trigger. It's not like most of bot was programmed to create its own decision but to make a good bot you need to configure it very well too.
It's all depends on the person who uses bot itself so we can conclude that this topic about trading bot vs us is actually "us vs us"

[Sled]

My honest take to this is that YOU, as in doing manual trading seems to be the best rather than Bot.

Like to say that a driver is better than the car he's driving as YOU are in full control over it just like what we do in trading bot. They simply follow what we assign to them and perform the task. If you are a good trader, with enough trading profit, I suggest not using a bot but instead doing it manually. You'll not only enjoying trading but you are actually enhancing your trading skills.

[Noctis Connor]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

For me manual trading because you can easily see them when your awake bot is just for if you don't feel to trade it is very useful when your doing something just for a bit, manual is just you can learn from the graph whenever the coins you put your money in s being dump or pump in the next step for those traders some of investors and traders bot doesn't recommended if money was involved bot are good for games only why? because you can easily enhance your trading skills etc. can easily see what coin can be pump on the spot.

[bitgolden]

For me manual trading because you can easily see them when your awake bot is just for if you don't feel to trade it is very useful when your doing something just for a bit, manual is just you can learn from the graph whenever the coins you put your money in s being dump or pump in the next step for those traders some of investors and traders bot doesn't recommended if money was involved bot are good for games only why? because you can easily enhance your trading skills etc. can easily see what coin can be pump on the spot.

I believe that when you want to trade with a bot, you should already know how to trade manually so you are sort of right and sort of wrong. Right because yes, you should be doing manual trading and that is the important version, without trading yourself there is no way you could learn how to trade, it is very vital and you should always try to get there, however that is of course only depending on what you could do with trading yourself, if you are good at trading yourself you could get a bot but if you are bad at trading then bot will be bad too.

You are wrong in the sense that trading bot is not for fun, it is not for "not doing it yourself" it actually takes a lot of time to configure a bot the way you want it to trade and let it trade on many coins on top of that fact is the situation where you need to maintain and keep checking what's it doing constantly.

[carlfebz2]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

For me manual trading because you can easily see them when your awake bot is just for if you don't feel to trade it is very useful when your doing something just for a bit, manual is just you can learn from the graph whenever the coins you put your money in s being dump or pump in the next step for those traders some of investors and traders bot doesn't recommended if money was involved bot are good for games only why? because you can easily enhance your trading skills etc. can easily see what coin can be pump on the spot.

Bot have significant uses and this is just only for automation not on using this to be making it some sort of strategy or tool for you to make profits within the market.

I agree on some people here saying that people do believe that bots can make money which is really wrong.You do still need to set these bots according to your likes
and preference on what are the actions to be made.

For precision of execution of actions then there's no doubt that bot would able to do that but nothing beats out when you do make on-spot trades where emotional
kind of decisions does really involve on where bots do really lack.

[kolesozw]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

I think that human is always better than bots because can analyze and assess the situations much better. But bots are faster than humans.

Why don't you try to combine your brain with some of the popular bots for speed? That's what I'm doing and the results are not bad.

My advice is to start small and scale with a comfortable pace for you.

[rokon1234]

I have no experience using trading bots but I have learned from the experience of many traders that they are more comfortable trading manually than trading bots.So I also think that trading bots can never give better results than human.

[AicecreaME]

It depends on who made the bot, if a programmer and a professional trader made it at the same time, then the answer would be bot, but if it is just an ordinary bot that will just help you with an easy task like entering a trade once the price hits xx.xxxxx and will automatically close the trade once it hits the target price xx.xxxx, something like that, then the answer is you.

But in the long run, it is you obviously who is better than a bot, because your experience will be your teacher on what to do next, in order to make profits every single trade you'll do.

[Superalgos]

Good piece on how to tell if a trading bot is a scam or is legit:

Crypto Trading Bots: How to Choose the Right Platform

This is my take...

Be extremely careful if:

- They tell you to upload your exchange keys to their online bot.

It's an outright scam if:

- They ask you to transfer funds.

- They tell you their bots are profitable without an audited track record.

- They tell you it's easy and that you can make money while you sleep.

- They tell you that you don't really need to know anything about trading, coding or even crypto!

[konflikkastil]

Trading not indeed, I don't know if this is true but one thing I can't ever do it. To allow not to trade on my behalf. Who will control or monitor the trade? How efficient is the bot, 99% or what. Doing so will be like gambling away my money. And will they do that without having full access to your account. There are lot of scammers out there. One just have to be very careful with the way he deals with them. To be sincere I do not encourage automated not Trading. It is better you do all the Trading yourself, you can control everything yourself without having to be scared whether the bot wouldn't go wrong.

[Jaycee99]

Hi,
Still learning trading tips&trick and now I reached this chapter of trading with bots.

What's your experience? Did the bot perform better than you? What's your monthly profit (%) via bot compared to the one without it?

thanks

 Before guessing who is the best you might want to Study first, study how and when you will trade and if you use the bot you will know if it is going great that the bot is perfect. Still, I might say that "bot is great" you might want not to rely on a bot that much a bot is still a bot it can go wrong. The best thing for trading is really you when you know you win.

Answering thing even if I didn't use a bot I would say its a different experience for everyone if you saw almost majority use bot I know you will use bot and if the bot does not work for you, you might get disappointed even if you know from us that the bot is working well.


Still there a big chance of income return if you really know bitcoin trading and if not you might get disappointed but lastly I would say you will learn from your mistakes.