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Topic: Best trading bot available? - page 2. (Read 304 times)

hero member
Activity: 1666
Merit: 629
February 09, 2019, 04:20:07 AM
#8
I've been considering automating my cryptocurrency trades, since it's very time consuming to keep watch at market prices and buy/sell at the right time. Searching across the web, I've found a few trading bots which are quite promising in features. However, I'm not sure which one's the best (or the most efficient) among them all.

As such, I would appreciate if someone could guide me into picking the right trading bot with the most exchange support. I mostly trade on centralized exchanges, although decentralized exchanges are good too. AFAIK, I haven't seen a trading bot for decentralized exchanges such as Bitshares/OpenLedger, CryptoBridge, or even EtherDelta.

Any suggestions? Huh

I recommend that you do not use a bot if you want to make an intimate recommendation because the use of a high percentage of bot will always return you as a negative result. Especially, I think that the risk that will be provided to you will not meet the return if you think of various reasons such as incorrect bot operations, hacking events and theft of accounts. Of course it is your decision, but I found it more appropriate to make an intimate suggestion instead of making a recommendation in my message.
full member
Activity: 686
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
February 09, 2019, 02:38:47 AM
#7
I've been considering automating my cryptocurrency trades, since it's very time consuming to keep watch at market prices and buy/sell at the right time. Searching across the web, I've found a few trading bots which are quite promising in features. However, I'm not sure which one's the best (or the most efficient) among them all.

As such, I would appreciate if someone could guide me into picking the right trading bot with the most exchange support. I mostly trade on centralized exchanges, although decentralized exchanges are good too. AFAIK, I haven't seen a trading bot for decentralized exchanges such as Bitshares/OpenLedger, CryptoBridge, or even EtherDelta.

Any suggestions? Huh

I try many bot and the result is same, good at start and bad in end. Not all bot like my experience but I never see perfect bot because the reality is about money management, you can control it you win. Try to read bot guide carefully and find members opinion about the bot, the answer is my experience.
legendary
Activity: 2170
Merit: 1789
February 09, 2019, 01:41:22 AM
#6
and being a trader doesn't have to be always in front of the computer watching the market.

Most people use bot because they don't want to stay 24/7 in front of the computer. I mostly agree that using bot is not the best choice, but that's because sometimes algorithm/TA doesn't work. If you understand the algorithm and know how to set it up, using a bot is probably a better choice than spending your time in front of the computer.

Swing trading, which is what you describe here is not bad, but for people who prefer day trading, using a bot is still a great option.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
February 09, 2019, 01:00:07 AM
#5
I do not recommend trading using BOT,
okay I don't blame if some people believe using bots, but for those who haven't used it don't try it, because the risk is greater than getting profit,
and being a trader doesn't have to be always in front of the computer watching the market.
we can do traders with once a week, and put an alarm on our assets.
quite easy actually.
sr. member
Activity: 910
Merit: 351
February 08, 2019, 12:50:38 AM
#4

It's funny that Bitconnect is listed as a trading bot here.

I've used Zenbot and Gekko in the past. IIRC they support major exchanges, maybe around 10 of them. Not sure how many exchanges they support by now, but it's worth a try because they're open source and free. As for DEX, I'm not sure having a bot is a good thing because you might expose your private key.
legendary
Activity: 1344
Merit: 1006
February 07, 2019, 11:43:52 PM
#3
I guess its the Gunbot that is good in terms of support. Gunthar is very active in this forum and gives update from time to time. There are also other members in this forum who can give a good feedback about the Gunbot based on their experience in using the bot. Look at this list of Bots, some of those in the list is not actually a bot but it may help you look at other options https://investingpr.com/bitcoin-trading-bot/
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
February 07, 2019, 11:34:24 PM
#2
I personally haven't tried it, as I only do mid-long term trading, but I've heard good things about GunBot[1].

About being the "best" and talking about efficiency, I think it depends more of how you customize the bot rather than the bot itself.

Again, I haven't personally tried it, so don't take my word for it. Tongue


[1] https://gunthy.org/
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 07, 2019, 08:08:00 PM
#1
I've been considering automating my cryptocurrency trades, since it's very time consuming to keep watch at market prices and buy/sell at the right time. Searching across the web, I've found a few trading bots which are quite promising in features. However, I'm not sure which one's the best (or the most efficient) among them all.

As such, I would appreciate if someone could guide me into picking the right trading bot with the most exchange support. I mostly trade on centralized exchanges, although decentralized exchanges are good too. AFAIK, I haven't seen a trading bot for decentralized exchanges such as Bitshares/OpenLedger, CryptoBridge, or even EtherDelta.

Any suggestions? Huh
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