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Author Topic: I wonder how bots works on first launchs  (Read 139 times)
gustavroy (OP)
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September 06, 2021, 10:32:00 PM
 #1

Hello Guys. I really wonder how sniper bots works and are they really useful ? Is there anyone who tried or using it? I dont know is the right thing to ask but i really wonder.
speedforce
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September 06, 2021, 11:28:08 PM
 #2

Hello Guys. I really wonder how sniper bots works and are they really useful ? Is there anyone who tried or using it? I dont know is the right thing to ask but i really wonder.

Its usually works like a brute force machine to buy the coins right after the sales begins, so its hard to compete with that kind of bot. I never use that for IDO/ any offering but i try once to buy something that have limited supply/ discount.

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September 06, 2021, 11:39:45 PM
 #3

Hello Guys. I really wonder how sniper bots works and are they really useful ? Is there anyone who tried or using it? I dont know is the right thing to ask but i really wonder.

Its usually works like a brute force machine to buy the coins right after the sales begins, so its hard to compete with that kind of bot. I never use that for IDO/ any offering but i try once to buy something that have limited supply/ discount.
Even on presales on upcoming NFT games on where you cant really buy up and sold out in a matter of seconds or minutes because of those bots which is really truly unfair if you do ask me.

I havent tested nor able to try something like this though and hope that there's someone with real experience or knowledge would share up about this regard.

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September 06, 2021, 11:46:19 PM
 #4

I've never used a sniper bot, but I've had some experience following IEOs where the participants might use bots, it's almost impossible to compete with bots. Coins sold out in just a few seconds.

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goinmerry
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September 06, 2021, 11:48:48 PM
 #5

Hello Guys. I really wonder how sniper bots works and are they really useful ? Is there anyone who tried or using it? I dont know is the right thing to ask but i really wonder.

Not tried using it but they are really useful.

The downside is, it was considered an unfair tool for those who are not using it, especially when there's a sale that only has limited slots and availability. I was well prepared back then in a sale event but bots kill that. Only in a matter of 2-3 seconds, everything is sold which is not possible if it is done manually.
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September 07, 2021, 01:42:07 AM
 #6

Hello Guys. I really wonder how sniper bots works and are they really useful ? Is there anyone who tried or using it? I dont know is the right thing to ask but i really wonder.

Maybe you can read this https://pancakesniperbot.com/faq/
but to be honest, I personally am not interested in things like this, I have stopped with new altcoins which are only pump and dump events.
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September 07, 2021, 09:37:02 PM
 #7

You can always compare!

The activity between manual and bot, which one is fast? Of course the bots, one of the reasons why this bot exists to make automatic transactions while there has some sales most of the time is an on-chain sale.

The bots will automatically you to buy tokens, so you can't miss the chance. I believe the result is pretty good, because most of sale more than 50% sold out with the bot.

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gustavroy (OP)
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September 08, 2021, 12:56:08 PM
 #8

Yesterday at 15:00 UTC there was pancakeswap listing called Wagyuswap $WAG and i was watching the contract in 15:58 (2 min before listing) holders started to increase suddenly and after 2 min. In the listing time number of holders was more than 3000 and price was already 30x. I really want to be one of them i guess 😄
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September 08, 2021, 04:23:55 PM
 #9

Bots only work effectively and bring profit if they are create by good developers and experienced traders.

Good developers will build bots without bugs. Experienced traders will give information to developers to set algorithm for bots. After the commercial version is launched, users have to be experienced to set up for their bots.

If a bot is used by many users and they only use it with default set up, who will win while who will lose on the market?

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Ararbermas
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September 08, 2021, 04:44:17 PM
 #10

Hello Guys. I really wonder how sniper bots works and are they really useful ? Is there anyone who tried or using it? I dont know is the right thing to ask but i really wonder.
i never use bots but as far as i know you can apply them and they will work for you but only what program it has, it's very common in trading actually, wherein they used bots to place order immediately and to take profits without doing anything, so probably it's useful.. By the way if you want to learn how to used that bots just try to watch on YouTube or make research in the internet so that you now how you can apply it properly.. Indeed most of the information about such tools can be found in the internet. So must try in order for you as well to obtain specific information about it.

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September 09, 2021, 02:18:39 PM
 #11

Hello Guys. I really wonder how sniper bots works and are they really useful ? Is there anyone who tried or using it? I dont know is the right thing to ask but i really wonder.

I have never tried such a bot, I always participate in different IDOs manually, and I can say that it is really difficult to compete with robots. Fortunately, some projects create protection from bots so that all participants have an opportunity to buy at least a little part of the total amount of coins. Work that is being done automatically is usually faster and eliminates mistakes if everything was right from the very beginning in setting this machine. Undecided
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September 10, 2021, 12:32:39 PM
 #12

Well, the main idea is that whenever there is something new, the bot actually buys it at the lowest possible level. What we do not fully understand about defi yet is the fact that it is balanced between how much is put in from each side, if people end up buying more and more of something with another thing, then in order to balance the yield farmers, the price needs to go up more and more.

This means that a sniper bot could get in precisely when there is a good amount in both sides that makes sense, sometimes the price is not just there yet right after another swap, it requires another one to balance, and sniper bots could calculate that and attack, if it is 30 cents that you will profit, they can still calculate that. They are however very risky because it is "get rich quick by using a bot" type of deal and there are too many gullible people who fall for the scam ones.

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September 11, 2021, 11:07:36 PM
 #13

[~
Even on presales on upcoming NFT games on where you cant really buy up and sold out in a matter of seconds or minutes because of those bots which is really truly unfair if you do ask me.

I havent tested nor able to try something like this though and hope that there's someone with real experience or knowledge would share up about this regard.

U need to pay the bot for experiencing it, since the bot wouldnt found anywhere free.
Also, I expect future offering do some prevention like theres max amount to buy for every wallet or anything else thats let the bot less effective.

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