Author

Topic: Anyone else uses Bot's to trade @Binance ? (Read 185 times)

newbie
Activity: 27
Merit: 0
August 09, 2018, 09:10:49 PM
#14
stop using anything random that you find on the internet, you are trusting your money to an unknown thing with not much history. most of the times you get scammed out of your money when you trust but it is not always about scams. it is also about the fact that something new and untested is going to have bugs and you can lose money in it. not to mention that most people around here are beginners who have little idea how to trade, using a bot for them is just more complication.

+1

If a product is free, you are the main product!!
newbie
Activity: 210
Merit: 0
maybe even the website that you have included has infiltrated a virus ransomworth that is very dangerous to your Bitcoin assets.

don't use BOT because BOT is created by humans, trading naturally is the only way to secure your assets.
member
Activity: 232
Merit: 13
PRiVCY -Mod
You have to thoroughly test the bot before use and don't keep it unattended the first weeks of trading. Does the bot have a killswitch that it stops trading for the day after x% loss of capital? I wouldn't advise a random bot you find on the internet, to risky. Also API aren't that save all the time, see recent problems with the Binance API phishing hack. Good luck and stay safe.   
hero member
Activity: 611
Merit: 500
Personally I don't as I remember what happened with the APIs a while ago that one bot was using and caused a huge pump for Viacoin.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
I don' use bots for trading but I can try it for fun with little money. It is free but it can probably cost a lot when you use it  Cheesy so I will try it with very little money.
legendary
Activity: 2170
Merit: 1427
it can only trade for you. it won't withdrawl your funds but you can use it while offline to maximize your profit.

Are you trying to comfort people into thinking it's safe to use because no one can withdraw their funds?

With people's API keys you control what happens with their funds on-exchange, and while you can't withdraw using API keys, you can use people's funds to pump a shitcoin that you bought into, and then dump everything and withdraw through your own account. Binance stopped such an attack not that long ago, do you remember?

Noobs don't have any understanding of how to fundamentally break down code in order to search for backdoors.

I'm not saying you are doing the same, but be aware of how much of a target people are.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
stop using anything random that you find on the internet, you are trusting your money to an unknown thing with not much history. most of the times you get scammed out of your money when you trust but it is not always about scams. it is also about the fact that something new and untested is going to have bugs and you can lose money in it. not to mention that most people around here are beginners who have little idea how to trade, using a bot for them is just more complication.
newbie
Activity: 135
Merit: 0
if I think trading using BOT it can not be done with yourself. while Bitcoin's trading uses the emotions and feelings of a person to make a profit.

it's about money and very sensitive, I hope not until you lose by using BOT.
newbie
Activity: 3
Merit: 0
Don't you have a strategy for playing roulette that wins a hundred percent when you bet on black?

Acctually 5m MA, 6 crosses under 60 and RSI 14c,5m =<30 as entry point
RSI 14c, 5m over 80 as an exit point with a 5-10% stop-loss

went great for me on BTC\USDT (binance)

with other bots you only buy strategies which most of the times you don't really know what the bots are doing.

Capitalise.ai's bot is a natural language IF-THEN command line user-planned strategy.
you can actually use the platform totlay free at beta mode,  works gr8 with binance's API with 2FA.

it remindes me when i used to write code in high-school  Grin

i also used dominance under\over 1% for DASH as buy\sell indicator, and 25 days MA low to buy ETC...

i understood it's a new crypto plaform, yet they're not doing ICO cuz they already have the funds from classic market-tradings using bots.
check it out, it really cool.

https://t.me/capitalisecrypto
newbie
Activity: 84
Merit: 0
Don't you have a strategy for playing roulette that wins a hundred percent when you bet on black?
member
Activity: 392
Merit: 66
No, i only trade manually only use a bot indicator so that there's an foundation and it lessen the risk when i am trading.
Would you mind to recommend a good bot indicator that you find useful. Are there free ones?
newbie
Activity: 3
Merit: 0
No, i only trade manually only use a bot indicator so that there's an foundation and it lessen the risk when i am trading. but of course it's not always accurate.
ofcourse. you can also get notifications by e-mail...

the problem is you're not always avilable to actually do the trade in time.
automated bot can do it for you.

+you can actually run loop commands to raise even more your profits.

any one has good strategies to test ?!
newbie
Activity: 91
Merit: 0
No, i only trade manually only use a bot indicator so that there's an foundation and it lessen the risk when i am trading. but of course it's not always accurate.
newbie
Activity: 3
Merit: 0
I just found this amazing tool yesterday:
https://crypto.capitalise.ai/wizard

apperantly it's a commend-line simple language activated bot that works with Binance with an API.
it's totaly free and in a beta stage.

it can only trade for you. it won't withdrawl your funds but you can use it while offline to maximize your profit.

it cost no money....
guys you gotta check it out.

by the way. if anyone has any intersting strategy i can implement i would be very happy to hear commendations.
Yesterday I used Dash Dominance% of total market cap to trade stating 1% as exit point.

meny great tools you can use so i'd like to hear if anyone has new ideas for gr8 automated trades ?
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