Crypto Trading Bots

[hack3rcon]

Hello,
Does anyone have experience working with the bots at https://coingape.com/best-crypto-trading-bots/?

Thank you

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[Velemir Sava]

I haven't done it yet. but,  Trading bots are also an option and there will always be a demand for this as it helps provide better recommendations on when to buy and sell crypto.

Btw, you need to make sure you know your market and my additional advice test trading bots thoroughly before implementation because and in case of market changes over time the trading bot algorithm may not be able to predict it.

[James C. Jackson]

I haven't done it yet. but,  Trading bots are also an option and there will always be a demand for this as it helps provide better recommendations on when to buy and sell crypto.

Btw, you need to make sure you know your market and my additional advice test trading bots thoroughly before implementation because and in case of market changes over time the trading bot algorithm may not be able to predict it.

Bro, Is it possible to make a lot of profit by trading with crypto trading bots?

[mk4]

Bro, Is it possible to make a lot of profit by trading with crypto trading bots?

Trading bots are just something that's used to automate a trader's indicators/strategies — it isn't something that just has a green turn-on button and then you're going to make money forever.

So — yes, you can make a lot of profit off a trading bot, if you know how to configure it really well.

[boyptc]

I have never used a bot from that list but the most common and known from the forum is the gunbot. I am not promoting them and just read what mk4 said about them.

If you need more details about them, they have an announcement thread.

--> https://bitcointalk.org/index.php?topic=1715214.0

[JunaidAzizi]

Hello,
Does anyone have experience working with the bots at https://coingape.com/best-crypto-trading-bots/?
Thank you

It is very difficult to select one among them because every person has their taste, strategies and also it depends on your needs and experience like are you a beginner or have some experience? I checked all of the 10 bots that were in the link and saw that every bot has its features. Some are Very expensive and some are affordable some are for the beginner and some experienced people. One bot that I think will be suitable for you as a beginner because it is simple easy to use and is cheaper and that is Coinrule. It has many features like easy to use, making the best strategies for you and the best thing is more suitable for the beginner and is cheaper. Now it's your own choice to choose one of them but remember that using trading Bots is also very risky you can not be fully dependent on them. If you are choosing Coinrule then DYOR before going to use it.

[Litzki1990]

Since I know a lot about trading and I trade regularly, using a trading bot wouldn't be too difficult for me, but I don't use trading bots because I have won't happen  never felt safe trading using my .Since I have a lot of time left, I don't need to trade using trading bots. People who don't have enough time but have enough knowledge about trading may use trading bots for trading. Trading bot trading using copy trading signals these never feel safe for me to trade and I always try to avoid these things. I'm happy with the success I've had using my knowledge and that's how I want to trade.

[Z390]

Bro, Is it possible to make a lot of profit by trading with crypto trading bots?

Trading bots are just something that's used to automate a trader's indicators/strategies — it isn't something that just has a green turn-on button and then you're going to make money forever.

So — yes, you can make a lot of profit off a trading bot, if you know how to configure it really well.

Exactly, many people think that Bots are AI programmed to take profit at the right time and buy at the right time, they are left to do the programming themselves, but there are premium trading bots where the seller or the owner sell to people who can't trade and they use good settings in the bot but it's subscription based, not once in a life time plug and play.

Even with the premium trading bots it's still possible to lose money too, trades will go against you at times, not much different from copy trading on Bybit and others, but I have seen those who knows nothing about trading still be able to make some money off copy trading.

I don't like using a bot, I prefer to learn myself because that's how I like doing my things, not relying on a bot or other traders, they don't last forever and you will learn nothing from them, knowledge is power, don't forget this, nothing is better than getting it done yourself.

[Publictalk792]

I don't have personal experience with trading bots. But some points I think you should keep in mind.

When you use trading bots it is important to be careful and do your research first. Bots can save your time and can help you to control your emotions which always disturb you in live trading. But always check your bot daily that how it is working, working fine or not. And always check the platform and with research check that how it reliable is the provider is a trusted platform or not.

Check the security measures of the platform how they are giving you the security is there any possibility of hacking or not. and and also check how it was working in the past has they improved their platform or they have bugs like they have in the past. And keep in mind always these bots will not generate profit because crypto market is highly volatile so always check time by time. One more thing check the feedback of the bots and user comments and reviews how they thought about that platform in which you want to invest.
So choose wisely. And stay safe with a good research.

[348Judah]

Snip

Why are you interested in using trading bot, are you finding trading that difficult thing to learn or you're just too being hasty to begin trading and receiving it earnings as profits, if trading bot is that profitable, may be all of us here would have been doing nothing than the use of these bots to perform our trades, at the end, using a bot will result in loss and you cannot do anything about it than to later abandon it and then come allover to start afresh in learning how to manually trade by yourself, now tell me who is loosing, why waste time.

[hugeblack]

Some of the bots in this list are good, and you will find a lot of user experiences about them, such as 3commas^[1] and gunbot^[2], but the arrangement of the bots and the method of preparing the list is not professional, and most of the time the arrangement was due to paid services or the quality of referral links, and not a personal desire from the users.

I advise you to use open source trading bots in which you can find all the information and reviews with the code. You will find the link here^[3] and then you can search for how to use these bots to make profits.

[1] https://3commas.io/
[2] https://www.gunbot.com/
[3] https://github.com/freqtrade/freqtrade

[hack3rcon]

Hello,
Thank you so much for all replies.
Is Freqtrade reliable?

[Awaklara]

Hello,
Thank you so much for all replies.
Is Freqtrade reliable?

Freqtrade supports multiple exchanges. I have never used this bot. but if you are interested you can read further to understand how to use it.
people will prefer you trade your own way. Maybe other people also use bots, but that still doesn't eliminate the risk.
Freqtrade itself provides a disclaimer regarding the use of its devices. I hope you understand it first before using it.

[Suzume]

Treading bot is to much risky. Im not professional trader but I know a person he is my clothes close buddy he is a trader and you can say full time trader his main profession is training. Few days ago beacose of treading bot he loss 3500$ it huge amount of money in Bangladesh. Although thats the money of profit but its huge loss. After that he don't use treading bot. He didn't use treading bot before but that's the first time and he face big loss.

[kentrolla]

I personally don't like trading bot I know it's better to grow with technology and adapt to it and may be I don't like it because of my personal experience which didn't go as per my expectations. There is a great misconception about trading bots that it will automatically keep generating profit which is not true as even it fails and moreover we have to set the strategy in it hence the deeper knowledge you have about trading the more successful your not would be, then there are premium bots which are precoded by market experts as they term it themselves. This also has a risk factor since the person who has set the strategy can make a mistake or market goes against the strategy. It's better to learn more about them and do it on your own instead of paying premium.

[hugeblack]

Hello,
Thank you so much for all replies.
Is Freqtrade reliable?

There are about 607 people watching this project and 267 contributors^[1], so search this list and choose if you trust them, then you can consider the project reliable.
In short, there are many contributors and many people who used the code. Find out more here https://www.freqtrade.io/en/stable/4


[1] https://github.com/freqtrade/freqtrade/graphs/contributors

[promise444c5]

Freqtrade itself provides a disclaimer regarding the use of its devices. I hope you understand it first before using it.

I think almost this is a normal prompt as they won't be responsible for any malfunction or any loss incurred by the trader from using their bots. I like this point  u brought out , fine if someone is good with trading  robots then he/she should make sure it's well configu4ed and  frequent checks should be made from time to time incase of any..... maybe not relying 100percent on robots

[DYING_S0UL]

I would rather not use bots if I don't have enough knowledge of it as it can be quite risky. These bots are designed to copy other people's trading pattern/style/strategy but they aren't fool proof. It won't  garranty any wins. You may have to use them manually to adjust the settings to ensure profits. But never rely on trading bots too much.

[SatoPrincess]

Trading bots are nothing special, they are algorithms created by humans (traders) to initiate trades with ease. So it is usually trading strategies and trading plans coded into a software, these strategies would have been tested many times to ensure profits. I do not recommend anyone to subscribe to trading bots because contrary to what they promise, trading bots do not guarantee success.

[MusaMohamed]

Some trading bots and they usually have referral, affiliate programs too.

Gunbot has their announcement thread in Bitcointalk too
🔥🔥🔥🔥🔥[GUNBOT] Trading Bot with 136 exchanges available!!!🔥🔥🔥🔥🔥

Awesome crypto trading is useful. Coding your own bots

http://3commas.io/
https://bitsgap.com/
https://botcrypto.io/
https://btcrobot.com/
https://www.coinigy.com/
https://cointrader.readthedocs.io/en/latest/index.html#
https://www.coygo.app/
https://cryptotrader.org/
https://www.cryptohopper.com/
https://www.gunbot.com/
https://www.haasonline.com/
https://hummingbot.io/
https://kelpbot.io/
https://livetrader.io/
https://mesh.llc/
https://mudrex.com/
https://profittradingapp.com/
https://profittrailer.com/
https://quadency.com/
https://www.shrimpy.io/
https://tradesanta.com/en
https://www.trailingcrypto.com/
https://wolfbot.org/
https://trading.wunderbit.co/en
https://zignaly.com/
https://kryll.io/
https://coinrule.io/
https://www.hodlbot.io/