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Topic: Are you using a trading bot? - page 2. (Read 2454 times)

hero member
Activity: 1484
Merit: 928
January 29, 2021, 01:26:17 PM
Seriously since have started trading have not really used any kind of bot before but I don't really believe in both am sure Bot can really fail as far as the Bot is programmed. You can be using it and be making your profit but it won't countinue like that but I won't discourage you from using it since it's working for you always use the method that pays you.
sr. member
Activity: 1204
Merit: 272
1xbit.com
January 29, 2021, 10:32:43 AM
I'm using BitUniverse's Grid Trading Bot, and I think it's really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it's totally free and supports 20+ exchanges like Binance. Any more bots are you using? Please recommend.  Huh

I would recommend if you are really cautious about your money, then it’s better don’t use any bots.
Normally I myself don’t like any kind of interference from 3rd party apps when it comes to money things.
Yes if you are really busy and cannot quickly buy or sell, then i would recommend using legit bots.
Personally I haven’t used any bots, but as many veteran traders have already given you so many options, then go for the desired one.
But as always i will say, stay away from 3rd parties when it comes to money.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
January 29, 2021, 09:53:13 AM
I used a trading bot a few months ago, but I don't think the trading bot is completely accurate, there are still some bugs running. in trading I feel completely manual control in ourselves, so I think trading bots may only be 30% effective in helping our trading
member
Activity: 517
Merit: 10
January 29, 2021, 09:48:25 AM
I expect that is likewise the situation with other exchanging bots. An exchanging bot is anything but a wizardry and an individual who is keen on utilizing this ought to figure out how it attempts to comprehend what coins are viable to be exchanged with and what change would you need to do in your bot to fulfill its motivation. Exchanging bots are quite difficult to utilize in light of the fact that you need the information and the right boundaries to have the option to utilize adequately.
newbie
Activity: 14
Merit: 0
January 29, 2021, 08:17:46 AM
I'm using BitUniverse's Grid Trading Bot, and I think it's really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it's totally free and supports 20+ exchanges like Binance. Any more bots are you using? Please recommend.  Huh
I am currently using KuCoin's Trading Bot, you can access it on your mobile phone through app. Pairs like BTC & ETH have a very low minimum investment on KuCoin Trading Bot. They have Telegram Group where you can freely ask anything about how their trading bot work.
newbie
Activity: 21
Merit: 0
January 29, 2021, 05:28:40 AM
I'm using BitUniverse's Grid Trading Bot, and I think it's really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it's totally free and supports 20+ exchanges like Binance. Any more bots are you using? Please recommend.  Huh
I'm currently using KuCoin Trading Bot, you can access it on KuCoin App for me it's very easy to use and they have most of the trading pairs in their spot market. They also offers Dollar-Cost Averaging (DCA) trading on their trading bot.
hero member
Activity: 986
Merit: 516
January 29, 2021, 12:22:36 AM
Kucoin recently released their own trading bot via their mobile app. It currently support Grid bots and Dollar cost averaging. Kinda nifty if you use kucoin as your main exchange.

I have one grid bot running for ETH/BTC pairing on there.

BitUniverse's bot is my other alternative, great bot with good features tho it's kinda funky sometimes but is pretty much reliable nonetheless.

Actually, I am using Bituniverse for almost 1 year gone. It's best near to mine, also using Pionex for a lot of trading bot option. Now kucoin also following Bituniverse Smiley Smiley that I believe. Most of the time I like to use Kucoin API at Bituniverse because at kucoin any kind of amount buy and sell is possible. So kucoin is good on this site(although the volume is not so high). But at Binance or pionex it's not possible. At Binance there is a need minimum of $10(worth of altcoin)for buy-sell per grid/order. So kucoin is good at this stage. Now I am running 4 grid trading bot and I am in profit also Smiley Happy trading
newbie
Activity: 5
Merit: 0
January 28, 2021, 09:46:34 AM
Kucoin recently released their own trading bot via their mobile app. It currently support Grid bots and Dollar cost averaging. Kinda nifty if you use kucoin as your main exchange.

I have one grid bot running for ETH/BTC pairing on there.

BitUniverse's bot is my other alternative, great bot with good features tho it's kinda funky sometimes but is pretty much reliable nonetheless.
sr. member
Activity: 2660
Merit: 339
January 24, 2021, 10:59:38 AM
I have used Cryptohopper for trading bots, but often experience errors due to unsuccessful orders or purchases. other than that in my opinion if you have free time it is better to trade manually.
 The fees that must be paid monthly rent if your capital is not large will only be used up for rental costs. I used to only get a little profit because after I calculated the cost it cost a lot to rent the bot . think again before buying. there is no guarantee that you will always be profitable
Do not be worried about cryptohopper being like that, I personally used so many and all of them were like that. Unfortunately trading bots are great but they fail in so many stuff that it is not even shocking anymore, it is just not enough and a bot that can do what it says it can do could be a lot better but most bots keep having technical problems over and over and over again; which is why I think it is quite important that we end up using manual trading at the end no matter what trading bot we used.

However the sad part about manual is that you can't check those indicators on those 10+ coins ever 3 minutes, and that is a bit of a problem as well. That is why people created signals, it is not a bot that trades for you, it is a bot that lets you know when something you wanted happened, you want BB under 20? Sure it will let you know, you want MACD at certain levels? Sure it will let you know. That way you have a bot, but you trade yourself. But I suggest making your own signal bot, otherwise others could be very bad.
newbie
Activity: 22
Merit: 0
January 23, 2021, 09:32:40 AM
I am actually using Bituniverse Grid trading bot too and I can say that its a pretty good use, I am currently using the newly launched Bot of Kucoin which is also a trading bot, up to this date I am actually still not losing any $$$$ there since I can let the bot run and stop it anyday I want which is a good thing. Have seen many users there earning more than 3000% APR from running a bot. KuCoin got a good volume imo so their bot is pretty useful too and most of the products on their bot got good volatility but can mainly see there this trading pair https://trade.kucoin.com/ETH-BTC
Choosing the most volatile one is the best decision, you gain the fastest from it can set ranges too depends on your own likings and dont think you will be having a hard time using it too even a beginner in the market can surely use it.
sr. member
Activity: 1344
Merit: 311
January 22, 2021, 11:44:53 PM
I have used Cryptohopper for trading bots, but often experience errors due to unsuccessful orders or purchases. other than that in my opinion if you have free time it is better to trade manually.
 The fees that must be paid monthly rent if your capital is not large will only be used up for rental costs. I used to only get a little profit because after I calculated the cost it cost a lot to rent the bot . think again before buying. there is no guarantee that you will always be profitable
jr. member
Activity: 80
Merit: 1
Community Manager
January 22, 2021, 10:20:38 PM
No, I'm not using any trading bot for some reasons :-
1) I want to be a trader, so i try to gather more & more knowledge rather than  using any bots.
2) If you are using bots, then you will be dependent on those bots which i don't want to be.
3) If you will follow the rules in proper discipline with money management then i don't think you need any bot...
staff
Activity: 1316
Merit: 1610
The Naija & BSFL Sherrif 📛
January 22, 2021, 01:10:47 PM
Just trade on your own if you want to be profitable instead of relying on a bot.

I just know this is the best option. A bot malfunctions when a trend change because it has been built to function in a particular way until maybe you reformat it. If you want to make money in trading, labour to learn a strategy.
Bots were invented for lazy investors like myself who are not interested to put an effort into learning the basics and advanced trading strategies. Well, as for the trends you mentioned Bots are updated weekly to suit it. Bots minimize losses.
jr. member
Activity: 420
Merit: 1
January 22, 2021, 12:21:54 PM
I think using bot its quite good and saves our time.
I haven’t yet used it. But i will try in future. As far as i know it is quite handy to use.
But i haven’t experienced it yet.
hero member
Activity: 986
Merit: 516
January 22, 2021, 01:35:44 AM
No, I don't use any bots. In my opinion, this is too risky. I had a bad experience in using this kind of bots, perhaps it was he who influenced my attitude towards them. In any case, no one will give you a bot, even for an expensive one, which brings constant profit. More often than not, bots tend to lose capital when market moves are ambiguous. The developers, at such moments, say that this is an accident.


In the past which one trading bot you have used, will you share here? It would be nice if we can know the name of the trading bot. Personally, I am fine with trading bot till now, but before download, any software tries to check virus. I like to use Virustotal for this (https://www.virustotal.com/gui).
full member
Activity: 1078
Merit: 110
January 21, 2021, 05:33:39 PM
No, I don't use any bots. In my opinion, this is too risky. I had a bad experience in using this kind of bots, perhaps it was he who influenced my attitude towards them. In any case, no one will give you a bot, even for an expensive one, which brings constant profit. More often than not, bots tend to lose capital when market moves are ambiguous. The developers, at such moments, say that this is an accident.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
January 19, 2021, 02:27:13 PM
No, not yet. I am not expect yet properly but i have a dream about it and i will do that. Many trader use it even personally i start trading very sort time. At least i spend much time in trading for everyday so i will do tech bot trading after got professional trader.
I wonder, because when you spend a lot of time in trading every day I think it might just turn out to be professional if you did it well. Apart from that, I think that using a trading bot does not have to wait for you to succeed or become a professional trader first. Trading bots might be better for beginner traders to use however, using trading bots or not is an option so yes, it is a free choice and of course every trader will choose the most convenient way to trade.
full member
Activity: 1050
Merit: 100
Vave.com
January 19, 2021, 02:15:58 PM
No, not yet. I am not expect yet properly but i have a dream about it and i will do that. Many trader use it even personally i start trading very sort time. At least i spend much time in trading for everyday so i will do tech bot trading after got professional trader.
jr. member
Activity: 51
Merit: 2
January 19, 2021, 01:46:24 PM
Yes, RoboSets from TokenSets on Ethereum:

https://www.tokensets.com/
hero member
Activity: 986
Merit: 516
January 19, 2021, 11:04:03 AM
Trading bot is just a piece of joke to me to tell you frankly
But I like to use a trading bot, using a trading bot I can make money 24/7 hours/week. It's very easy to mine. Also, this trading bot is totally free to use. just need to setup the bot. I am sharing a few of my trading result:



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