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

[sayaya17]

Perhaps bots will help if one does not have much experience in trading. Maybe it can minimize a little of the losses. But maybe self-working
trades will beat the performance of bots, if a person is already really expert, even he does not need the help of bots, because bots are only
human creations whose performance does not function optimally, especially if for long-term use.

[stomachgrowls]

Perhaps bots will help if one does not have much experience in trading. Maybe it can minimize a little of the losses. But maybe self-working
trades will beat the performance of bots, if a person is already really expert, even he does not need the help of bots, because bots are only
human creations whose performance does not function optimally, especially if for long-term use.

How it would help? Yes it can automate using up those pre-made strategies on where bot do but in terms of learning process then that wont really be giving out any lessons or learning for the user itself.

Also, you cant really adjust out those bots or its commands when you dont even know on what you are doing.As a noob then its much preferable if you do start with basics in manual.

Take a grasp on everything while you can and dont heavily rely on automation because this is just good when you are away from your pc but nothing beats out when you are

having some real hands to hands experience with the market in the tips of your fingers.

[GelatikKembar]

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

trading using a bot is indeed easy, because a bot is only a human-made program, of course when compared to trading itself it is better to trade on your own and bots are only tools to help us, don't let you use bots forever, because if you depend on bots , you will not be able to gain experience and trading knowledge, believe me you can do it, success starts from zero.

[Yatsan]

Bots are good tools to help you out on doing trading works but you cannot be reliant on it all the time because your trading journey must be reliant on your capacity and capability on doing trading on which is base on your own analysis and knowledge about the market to help you out decide on certain things that concerns your trading. Bots are helpful in a sense but still being able to trade using your own effort is still the best thing to be experience with. I have already experience using trading bot before but for me, it will still be the best working it out on my own. That is basically based on my own experience and perception.

[cyriljundos]

It depends on you if the bot can gain you more profit than you manual trading then its fine. i personally dont use any bots and i trade by myself, everytime i trade i got exited and thrilled to trade. i may not be good in trading by myself but the excitment and joy when i trade is so much fun and i can gain profit when i used my simple techniques in trading matters,

[ice098]

It depends on you if the bot can gain you more profit than you manual trading then its fine. i personally dont use any bots and i trade by myself, everytime i trade i got exited and thrilled to trade. i may not be good in trading by myself but the excitment and joy when i trade is so much fun and i can gain profit when i used my simple techniques in trading matters,

Yes I prefer to make a trade manually because as I experienced my bot did not do any good to me but only gives me negative PL, I rather feel the excitement and that adrenaline that will push me to wait longer and will motivate me to learn more in trading and not to rely upon any bot that I may use, don't you want to feel that thing that when you buy at that certain price that you wanted and sell to that price too faster than the others is very self-fulfilling for me.

[Inkdatar]

Don't rely too much on bot but somehow a bot could helps you in trading. As others been saying bot can gives you profit and at the same time bring lose of money. If you know how to trade on your own why not do it in manual. But trading in manual you can learn and earn profit. As long you know to read and analyze the market and know how to manage risks you can be better than bot.

[traderethereum]

It depends on you if the bot can gain you more profit than you manual trading then its fine. i personally dont use any bots and i trade by myself, everytime i trade i got exited and thrilled to trade. i may not be good in trading by myself but the excitment and joy when i trade is so much fun and i can gain profit when i used my simple techniques in trading matters,

As long as you know how to give the right command to the bot, it can profit from the current market situations.
It will depend on how good you understand to command, and that will need time before you can fully understand.
But if you can not analyze the market, even if you can command the bot, that will not work because the command will be on how good your skills in analyzing the market.
It will be better to analyze yourself to find the time to trade and not use the bot because the bot can not change the direction if you do not make changes in the command line.

[tygeade]

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?

From what I have learnt about bots, they work based on the instructions that are given to them, they don’t just start making you money , I think you will have to be doing setups from time to time to keep them doing the good works.

I have not used any bot for trading and that’s because I have not really seen anyone that can tell me their experience, not even online,  I hardly see, and the ones I see are usually comments that would say bots are bad, though sometimes it makes me think that the reason why these people are making the success is because they are setting the bots up properly.

[darewaller]

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?

I have not used bots at anytime and I have no plans to make use of it. But according to my friend that used it once , he said it is not worth it because he didn’t really gain from it. What he used was just one bot, there are many of them out there, so I still can’t decide whether they are profitable, but from what I have learnt bots are not just what you install and relax while they trade and make money fir you, nah, from time to time you will have to be doing some setups and that’s what keeps them going. They can only make the work easier for you.

[Mahanton]

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?

I have not used bots at anytime and I have no plans to make use of it. But according to my friend that used it once , he said it is not worth it because he didn’t really gain from it. What he used was just one bot, there are many of them out there, so I still can’t decide whether they are profitable, but from what I have learnt bots are not just what you install and relax while they trade and make money fir you, nah, from time to time you will have to be doing some setups and that’s what keeps them going. They can only make the work easier for you.

Profits would really be depending on how you do set up the bot and its a wrong mindset for someone to be expecting that bots would really be guarantying profits for you.

This is really a very wrong mindset for you to take.You would still need to set up those bots according into the strategy that you do want to use.There are other bots
which is already set up but doesn't mean that they do work anytime.Its for automation process but people are expecting way too much
and once their expectations haven't met then they do end up on having bad impressions towards bots.

[passwordnow]

To tell you honestly, I've wanting to use a bot but I've never tried it in my life. There are stereotypes about using a bot, especially for the newbie traders. They tend to think that it's good to use the bot because it will also automate your profits although that's not really guaranteed and that's not how it works. I'm still fine trading on my own and doing it manually and as long as it's working for me, I won't be converting my strategy but really want to have some experience using it someday in my trading activities.

[5thFear]

Bots are good in a sense that they can stay online 24/7 while a person can't. But then they are going to what they are programmed to do and the crypto situation can change very quickly and very dramatically, so i personally would love me dealing with all the hectic work instead of some bot do it for me. I trust my own brain more than a digital brain.

[FIFA worldcup]

Perhaps bots will help if one does not have much experience in trading. Maybe it can minimize a little of the losses. But maybe self-working
trades will beat the performance of bots, if a person is already really expert, even he does not need the help of bots, because bots are only
human creations whose performance does not function optimally, especially if for long-term use.

If someone does not have enough training and knowledge of trading then I am afraid that the bots wouldn't always help properly. Sometimes the bots unable to correctly measure the volatility of the market and in that case you will probably lose the money.
If you don't have a trading knowledge it's better to get trading  knowledge first and not look for the bots.

[conected]

It depends on who the one who programmed the bot, the only thing the bot makes useful is it can trade 24/7 which cannot be done by a human because of need for sleep and meals. You can use a bot if you are sure you are the one who programmed it because if the one who programmed it is not good then you will probably lose more money than gain.

- Software programmers require a high degree of professional skills as well as the ability to calculate input numbers and honestly, if a programmer wants to start a bot in the crypto market, testing then improving every month is their life, such a continuous upgrade signals possible mistakes every month, we can get errors in many areas but trading will need to keep these values low. Bots are only directed on the principle of convenience for life but operating in a volatile market is a priority for us, people know how to handle better

[Jawadu]

Personally, I see bots as useful to me. Because not every time I will be active on markets to trade and earn a profit, but using a bot it will be easy for me not to miss much. Profit from a bot depends on the capital, I will just set a selling point that is not less than 5% if my capital is more than $1000 [just an example]. But I will also set a selling point to also avoid huge losses because we are aware that crypto markets are very volatile. So that's it, a trading bot is useful to me because it helps me to trade when I'm busy! But I am better than it.

[sana54210]

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?

Definitely a trading bot. I am a good investor, I am not going to be humble about that, I have been buying at low prices and holding until it is high (and not selling even then) so I have been making a good chunk of profit from investing. However when it comes to trading, a bot could make 10x more profit then me, I even make a loss during a bull run, I know that is unlikely but I have managed to do it few times, end up trading while it is going down for a day or two in between of all the increases.

So, I am sure a proper bot could make a lot more profit then me on a short term. I have used gunbot before for example, it is not the greatest money making machine like they tell you, it is not like "buy gunbot, and just retire because you will be rich", no trading bot is like that. However in the short term it did made more money than I could, however my long term profits vastly out performed gunbot so I quit trading all together and doing it with tiny amount only for fun.

[Shenzou]

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

Although bots can be helpful some times but i would highly prefer not to use on a regular basis, because no matter how good the bots are they are all programmed based on a certain market change or indicators, sure you can say that what we actually do by hand, but sometimes there is sometimes the effect of news that can affect the trade but also there is that trader instinct that helps take decisions in some trades. but there are some new machine learning bots that are getting more and more sophisticated that can take in consideration a lot of factors to make trades.

[Maslate]

Personally, I see bots as useful to me. Because not every time I will be active on markets to trade and earn a profit, but using a bot it will be easy for me not to miss much. Profit from a bot depends on the capital, I will just set a selling point that is not less than 5% if my capital is more than $1000 [just an example]. But I will also set a selling point to also avoid huge losses because we are aware that crypto markets are very volatile. So that's it, a trading bot is useful to me because it helps me to trade when I'm busy! But I am better than it.

That will be some advantage of having a bot and it can runs 24/7 which is much helpful to all who have only limited time to spend in trading.

But to ask which is one better? Knowing that it was you who send the command, then it was clear that YOU are better. Whatever the results from your trades the bot can neither to blame but it was you alone. The bot is just performing what we have said so literally, it acted as what the bot receives.

[Rrita]

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

If you know what you are doing then it's fine. If you have proper knowledge about trading, Then it's good to do manual trading. Manual trade is best, and most of the traders do manual trade. But there are a lot of people who isn't able to control their emotion, for them Bot are best. The bot is not that, you set up the bot and it will make money for you continuously. For bot setup, you need to spend a good time, you need to do research, analyses, etc.  I am using Bot and it's fine for me. I am running grid bots for a long time, For a long time investment grid bots are best for me. I am using Two bots, a Grid bot, and a smart rebalancing bot. Both of them are free, and you can also use them from Kucoin. Kucoin offering 4kinds of bots for free. You just need to choose some good coin for the bot. otherwise, you will be at loss.

There is no passive income, So can't able to say you how much I earn per month. It depends on the coin price. If the coin pump and dump continuously than its good for the bot, the bot can buy at a low price and sell at a high price. same for smart rebalancing bot. so for a long time, it's good. Personally, I believe bot is good for me. although most of the time I like to do manual trade.