You can't make people to easily give trust with this. Yes, Binance has its name but there are lots of people who would like to take advantage of such popularity to scam innocent people. That is why the community is very vigilant when it comes to this and they should have to know their assurance first than anything. But if you can show some proof about how reliable is this, then might it helps to change their mind and have their trust and confidence with this bot.
But anyway, it was you telling us that you are still in the testing phase, its either you'll succeed or not, or you'll find it ineffective. People will wait for the final stage and then assess how this bot will work into trading, then that's the time to have the decision.
so, in the way that it works today, you don't even need to deliver your api keys to Binance, it sends by telegram, and despite being in the testing phase, it has already given me a 4.52% profit (in BTC)
This isn't a trading bot, it seems like this is a trading signal group which broadcasting information of trading pairs. A trading bot is a software that has an algorithm that can be used as a tool to use in trading and can able to execute trading in behalf of yours through your set up of the trading bot.
It seems this is not how to work as I'm expected as a trading bot. Another is, how can we trust this kind of service? It looks like a dump and pump group which is the most who benefited most is the owner, not the members.
Sorry to tell you but it is hard to gain trust a service like this, but you have a chance to show your proof. Use your bot by your own risk and show it here how it works, probably there's someone who will follow and use your bot.
I used it, I posted a link to prnt.sc but here is an image
I am not fond of using trading bots. It doesn't give a 100% accurate results of course but it maybe a great help for some traders who wants a guide and wanted to manage their time. Since it was in a testing phase, i don't think you should promote then yet. I mean, you should be confident enough to promote the bot if it is established enough, right?
Anway, it was a free telegram bot so why don't we give it a try?
Yes, it's free, the image I posted gave 71% accuracy, the gains end up compensating the losses, no bot is 100% accurate, when bitcoin is very volatile, rising a lot for example, it affects the relative prices of altcoins, so nor was it the bot's fault but an externality that happened.
Sounds like a good idea in general but why would someone use a Telegram bot when there are already Telegram channels you can join for the same signals? The thing about bots is it's an additional security vulnerability users won't want to have (or I won't rather). UNLESS you can setup the bot for custom signals!
In this case I can't say, why use the coinguru bot instead of another bot? it is a question to which I have no answer.
Sounds like a good idea in general but why would someone use a Telegram bot when there are already Telegram channels you can join for the same signals? The thing about bots is it's an additional security vulnerability users won't want to have (or I won't rather). UNLESS you can setup the bot for custom signals!
Or unless that bot wanted to have subscribers and then slowly turn it into a "paid" trading signal bot. No offence to the OP, but it is better to be skeptic at this point and as what others have said, trust needs to be earn.
Maybe you can keep up with this thread and at least show us some trade that you yourself did using this bot so that we can see how effective this bot is. Best of luck.
Later I will make more posts, show more negotiations, but I can say for sure.
I have more bitcoins at Binance than I had deposited.
I am not fond of using trading bots. It doesn't give a 100% accurate results of course but it maybe a great help for some traders who wants a guide and wanted to manage their time. Since it was in a testing phase, i don't think you should promote then yet. I mean, you should be confident enough to promote the bot if it is established enough, right?
Not a problem promoting it, and it's good to see if there are some bugs or loophole so that it can be fix. As someone has mentioned, there's no 100% perfect system.
@OP - you should revise this thread, at least a detail explanation will do. Not everyone here wanted to click on a Youtube link. It will be a total complement though if you have instructions as well.
ok
This is a good initiative and project but right now by that statement you think the people will trust that? I don't think so.
It needs a lot of things so people will trust this kind of project.
- 1. Image of the Interface.
- 2. How does it work/introduction?
- 3. What are the features?
- 4. Beta test and send the outcome.
- 5. Reports what are the errors.
Those are the common things we would like to find also there's more also right here we want to secure the safety of our members and we want to make sure the reputation and credibility of the program.
Okay, you can let me explain more details and write more, I have other videos on youtube about the bot, but they are in Portuguese, but I intend to write more about the bot and give more details of the transactions I did.
Sometimes the bot sends a lot of signals (like, let's assume about 7 signals), but I only do 5 simultaneous operations (that is, each operation is done with 1/5 of my balance at Binance). but it can happen that the signs that I followed end up being more successful than the other two that I did not follow.
Starting a new trading bot would require a lot more than this, there is so many bots out there right now that the bots that is leading the market is doing so much that they are actually managed to get some machine learning into it as well, think about that.
Definitely start from somewhere and if you could ever make any money from it you could use that money to improve that type of bot and make it bigger and make more money from a better version and continue this forever to improve it with more money and with more money improve it to make more money endlessly.
That is why this isn't a bad idea but you need to realize that you may not get that much people at first, but those few first people will help you with feedback in order to improve to get a lot more people into it to get you more feedback with the fixes.
For sure, we are growing slowly, we already have some Brazilians in the bot channel and a handful in the bot community group.
I am not against to any bot as long at it is for free, and not those bots that offers VIP signals which is pretty milking on new traders. Also, I don't recommend following any bot all the time, make your own analysis and as OP says lets evaluate the bot suggestion and not copy it directly. To OP, maybe it is better if the language is in english so that everyone can understand it directly without translating.
Well, a friend who is the bot's programmer, he is working on an improvement that was suggested by a member of the community, which is to put the buy and sell signal in a pattern that can be copied by another bot.
according to our colleague from the community, there is a bot that can do the analysis of the signals sent by the bot and then copy to Binance, this second bot would use the api keys, but so that this second bot could read, the signal should follow a certain pattern, then the programmer would be making this adjustment.
But anything is just memorizing the words in Portuguese, it is not so difficult.
"comprar em" means "buy at price" and "alvo" means "Target"
I don't know the name of the system that our colleague from the community suggested, but he sent this photo here: