Topic: Are you using a trading bot? - page 4. (Read 2382 times)
I never used a bot to trade...I just don't have enough trust in bot trading
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. 
I use a custom made trading bot which was made by a friend of mine who owed me a favor and I personally think these bots are not so good in trading, I can do much better if I had enough time to trade in the market as I have tried trading many a times by myself and have made a good amount of return on a small playing wallet. Also you have to keep on monitering the market many a times in a day if you are using a bot and also have to change its settings and if the market takes a sudden turn then you can't do anything about it and will loose most of your coins.
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.
BitUniverse is the Bot I have been using for the last six months, and it gives me a small profit. Of course, the risk can occur at any time if the market suddenly drops, and you need to manage your capital appropriately. However, I will turn off when the market has a lot of bad news and will trade manually because manual trading will give you better control.
What is a trading bot? I have never heard of this term before.
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.
I never used trading bot, I don't trust in other bots for making profits... I prefer manual trading with stop loss and some rings in the night for place the best buy/sell when the pair that I m monitoring comes to the threshold I decided
How does this trading bot work can someone please explain to me. I will really appreciate
Trading bot is nothing but automation of executing the orders on exchanges you are linked with the criteria you had mentioned.It is not going to make profits for you , it just work and keep working all the time so you no need to execute all the orders manually.Bot is indeed for automation but majority do have that wrong perception towards bot which they do believe that it can give out money without doing anything which is absolutely wrong into those kind of perceptions towards it because it doesnt really work that way.It will always depend on users knowledge on how they would set out
on what bot should gonna do on a spefici market condition on how they do execute orders neither selling or buying of.If we dont know on what we are doing or even setting out the bot then we are just basically wasting up our money.People should really remove that kind of perception because its totally too far on real life actual usage.
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.
I use a custom made trading bot which was made by a friend of mine who owed me a favor and I personally think these bots are not so good in trading, I can do much better if I had enough time to trade in the market as I have tried trading many a times by myself and have made a good amount of return on a small playing wallet. Also you have to keep on monitering the market many a times in a day if you are using a bot and also have to change its settings and if the market takes a sudden turn then you can't do anything about it and will loose most of your coins. 
I've used Haasbot, ProfitTrailer, GunBot, EONbot.... The works.
And what I have found is that none of the built in strategies will help you during a bear market. However, during a bull market they can be used to turn a fair weekly profit without much oversight, particularly if you're using conservative strategies.
I'm now looking to try Bitrage from the creators of gunbot. Apparently it can identify and execute on arbitrage strategies automatically. Not sure about paying the crazy price for it though.
And what I have found is that none of the built in strategies will help you during a bear market. However, during a bull market they can be used to turn a fair weekly profit without much oversight, particularly if you're using conservative strategies.
I'm now looking to try Bitrage from the creators of gunbot. Apparently it can identify and execute on arbitrage strategies automatically. Not sure about paying the crazy price for it though.
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.
My question is, are you making money while you're making use of this BitUniverse not? I have not heard about it and I have not used it. Most of the trading bots I know are not generating any profit; that's if it's not all, but I am very sure that I have used any one of them that is profitable. The case seems to get worse when you're making use of free bot. The ones where you will have to pay for it are quite good, but still don't give me what I need and are not all good. If you check these you might start preferring to start trading by yourself if you have the time.Trading by yourself can be better if you really know what you're doing and can do it the right way. Trading bots mat lead you to losses as well when it may get failed against a high level of fluctuations. Crypto markets are known for wild fluctuations hence there are plenty of chances for most bots to fail at any time.
Thousands of BOT traded in this market, but not all BOTs are profitable for you because this market is often unpredictable, and you will face many risks when used. You should analyze and choose the trading your way to ensure a profit and not rely on BOT. Of course, this is just my mind and whether each person has a choice.
It is not with the trading bots though, keep in mind that what bots are trying to execute is a command from the user, so basically they are acting like the trader's extension hand so if it is profitable or not it will vary on the trader's settings. I've been thinking lately to use bots coz I'm very busy apparently the virus just become a pandemic and here I am been locked in my house for 2 months now, don't need any bots to trade. And to be honest trading manually is better than using bot imo.
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.
The only thing what this bot done is sell a token when it grows and buy when it falls down, but this you can do without a bot too. But, I am finding something that actually trades by signals, but in most cases these signals are useless because it is something like betting tips half/half win/lose ratio. 
I do not use a trading bot and I do not recommend to use one . If the bot is made by a weak developer without a big knowledge in this crypto domain you could lose a lot of money . The best way to learn trading is to do it with a demo.
How does this trading bot work can someone please explain to me. I will really appreciate
Trading bot is nothing but automation of executing the orders on exchanges you are linked with the criteria you had mentioned.It is not going to make profits for you , it just work and keep working all the time so you no need to execute all the orders manually.Bot is indeed for automation but majority do have that wrong perception towards bot which they do believe that it can give out money without doing anything which is absolutely wrong into those kind of perceptions towards it because it doesnt really work that way.It will always depend on users knowledge on how they would set out
on what bot should gonna do on a spefici market condition on how they do execute orders neither selling or buying of.If we dont know on what we are doing or even setting out the bot then we are just basically wasting up our money.People should really remove that kind of perception because its totally too far on real life actual usage.
How does this trading bot work can someone please explain to me. I will really appreciate
Trading bot is nothing but automation of executing the orders on exchanges you are linked with the criteria you had mentioned.It is not going to make profits for you , it just work and keep working all the time so you no need to execute all the orders manually. 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.
Grid trading is dangerous
How does this trading bot work can someone please explain to me. I will really appreciate
Thousands of BOT traded in this market, but not all BOTs are profitable for you because this market is often unpredictable, and you will face many risks when used. You should analyze and choose the trading your way to ensure a profit and not rely on BOT. Of course, this is just my mind and whether each person has a choice.
I have noticed that using a trading bot brings profit only in the bull market. This was my experience when I used a trading bot. But when the market began to fall, the trading bot could not keep up with the market and could not sell coins due to the fact that their price became less.
I don't trust bots in Telegram channels or communities. Most of them created stable bots initially but after a few months of operation, the bot became very bad. I don't believe in bot makers in this market, it's just bad bots. I also encourage people not to use public bots or tradecoin groups, you will easily lose in the long term.
The trading bot is a usefull tool and it works. Its just one more tool that we could use to eek out a profit. For anyone serious about trading I cant see the harm in running the bot in the background.
can u tell me how a bot can act with emotions? i think using bot is wasting time already. also so many bots with high price to scam people to join.i saw so many project like that .
You're right I've never seen a project like this but trading bots aren't very effective Many times they are not able to give accurate information and are confined to one place so I waste my time. Your own experience is more useful in doing business Therefore, it is better to trade by yourself.
The trading bot is a usefull tool and it works. Its just one more tool that we could use to eek out a profit. For anyone serious about trading I cant see the harm in running the bot in the background.
can u tell me how a bot can act with emotions? i think using bot is wasting time already. also so many bots with high price to scam people to join.i saw so many project like that .
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