Topic: automation of trading on the cryptocurrency exchange (Read 206 times)
I don't really crypto trading in automation form, crypto is so volatile and because of the volatility, the automation might not be fit, unless the automation will include advance AI technology
I think a most part professional traders are using bots for day trading and cross-exchange trading . If you have a 20k+ usd on a deposit and want to automate trading process , you can try to find a freelancer programmer , who will write a personal bot for you , that will meet all your requirements.
Automating your trades? I won't do that thing. I don't want to trade with my laziness though there will be traders who'll defend that it's beneficial for them.
For me, I won't do it and it's not relevant to me since I've got enough time to manage to check out my trades.
For me, I won't do it and it's not relevant to me since I've got enough time to manage to check out my trades.
Now there is an opportunity to automate your trading!
Do you think this will be relevant for traders?
Do you think this will be relevant for traders?
I think this is relevant for traders because they can try this software to automate the trading. they can turn on the software, makes a setting for every pair they want, push the button and they can watch the software run properly. and if they think that the software can do with good, they can do another thing and they can make a profit with automate. but they don't know if something happens in the market, and they cannot fix the mistake because the software is run by their setting. so the disadvantages for the trader is they cannot make any profit if the market is changing and the price is down too deep.
I have heard about something like that already. It is something like a bot, which would sell when you say it to and buy the limits that you have set in it. So probably it is useful, I didnt use it before yet.
Now there is an opportunity to automate your trading!
Do you think this will be relevant for traders?
The market is so unpredictable that it is completely useless to automate. But what kind of monotonous actions I think it is worth to transfer to programs.Do you think this will be relevant for traders?
Now there is an opportunity to automate your trading!
Do you think this will be relevant for traders?
Do you think this will be relevant for traders?
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In my opinion it's too risky to trust such an important process to an automated system!
I do not have confidence in someone else's software, it's a possible risk of losing money. In general, the idea of automatic trading is interesting, but I myself control the trading process.
I think that this will be very helpful for the investors of the market of cryptocurrency. Actually the world is in digital phase. Digitalization is everywhere. So such type of initiative to automate the market will be really helpful. This will make the market more disciplined and easy. This is a nice initiative.
This is an interesting post. There are some applications available in the internet through which you can automate your trading. Tradestation , Fidelity wealth lab etc are some examples of them.
I really do not trust auto trade bots, maybe only very few worth to be trusted, github is full with free bots which will lead you to lose your money eventually either by bad trade or just stolen money . But even with those trusted bots isn't the big base of users they have the big chance that this bot turn into a pump dump tool even without the bot owner notice it ? And for me pump and dump is immoral practice .
For traders - maybe yes. Traders are sort of people in crypto who understands what they are doing and why. They can make logic for bot and the only difference between trader and bot - bot can do things faster. So it is very usefull for traders
These sort of initiatives are what the people and the cryptocurrency market needs. this will bring more discipline, law and order in the market. the world is becoming digital and furthermore this will digitize the market to the next level. let us hope that the market will be upgraded even more.
It is important to keep track of the market constantly, if the investor delays in selling or buying of cryptocurrency he/she will miss out an opportunity of profit. Yet for most people it is not possible to constantly check the market, in these cases bots are used. Which inform the user of fluctuation in prices and relevant news which might be helpful.
It's an investment, you do not want it to be automated, so you will not be able to control your capital and not generate income for yourself.
I have encountered some bots on several exchanges and its quiet annoying. I think bot is risky maybe they earn and maybe they will loss too.
Its better to trade on your own. If you don't have time to trade just don't trade.
Its better to trade on your own. If you don't have time to trade just don't trade.
It is a great help like me, I am a day trader, but with many chores I have to do, I just limit my trading activities in a day and prevent making loss of investment. If I want to make a good profit, I have to sit in my pc 24/7 to have a good watch of a good raise of the coins, which is very tiring. But with the help of automating the trades in the exchange, it will surely be a great help. If that happens, I can even do my chores while making automated trades.
There are some trading bot created long time ago and Gunbot is the best trading bot that I know. I think you should take a look at this thread, it's a thread about all trading bot at the moment and each bot only can run on some exchanges but not all cryptocurrency exchanges. Luckily, I still remember about this thread 
https://bitcointalksearch.org/topic/great-list-of-bots-helpdesk-history-up-to-02212018-4315793
https://bitcointalksearch.org/topic/great-list-of-bots-helpdesk-history-up-to-02212018-4315793
Now there is an opportunity to automate your trading!
Do you think this will be relevant for traders?
But isn't this already available, the trading bots? Maybe this is something new coming. well, I'm sure that will be good for traders. Trading is a very hectic activity and so if something of such sort is around, then it can help maximize profits. Do you think this will be relevant for traders?
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