Topic: Bitcoin Trading Bots while you sleep (Read 5417 times)
I never trust bots, they just can't be smart as human ( except AI ). If you can't do it by yourself and want bots to do it ? Quit it please.
Bots were developed in such a manner to make a trade when the price of the particular asset goes beyond certain price point and make a buying when the price drop low to some extent. The same is not made after analyzing the market, but going through the series of data the bot does it. In my view exchanges itself providing such services, so bots were not that effective.
I use coinfloor. It's easy to use. It's reliable. So far iti has helped me to buy btc at some very good prices 
Alternatively, I use coinfloor where I could set buying and selling levels before I go to sleep everyday.
It's not as good as a functioning bot but I think the risk is considerably lower.
Good luck!
It's not as good as a functioning bot but I think the risk is considerably lower.
Good luck!
Seem there are not many supporters of bot trading. I am not expert yet, just trying to get into it. I didn't research much about coinfloor, is it something like cex.io (https://cex.io/)? I opened an account with them, but still haven't tried trading.
Alternatively, I use coinfloor where I could set buying and selling levels before I go to sleep everyday.
It's not as good as a functioning bot but I think the risk is considerably lower.
Good luck!
It's not as good as a functioning bot but I think the risk is considerably lower.
Good luck!
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
I think it very essential for the people who are really busy with there work and really don't have enough time to do manual trading. Trading bot helps to earn additional lucrative capital.Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
I would not use a bot to trade for the simple fact of not being able to create my own one and not trusting one that someone else has created, I feel like a human will always perform better than a bot (a skillful human) and for that reason I would not try it.
Bitcoin trading bot is working based on any trading formula and it's not potential analyze the market so you should not believe bitcoin trading bot if you do not want to loss your money.
The Currency market that change so fast that you can not use a a certain strategy, the best you should manual trading than using a bot trading
I believe that choosing a herb system that replaces human attention does not have two potentials that a person has with close attention behind the grass of the exchange. Therefore, I believe that the trading bot does not have the potential that is needed for real trading and good profits. The Currency market that change so fast that you can not use a a certain strategy, the best you should manual trading than using a bot trading
Bitcoin trading bot is working based on any trading formula and it's not potential analyze the market so you should not believe bitcoin trading bot if you do not want to loss your money.
The Currency market that change so fast that you can not use a a certain strategy, the best you should manual trading than using a bot trading
The Currency market that change so fast that you can not use a a certain strategy, the best you should manual trading than using a bot trading
I wouldn't completely refuse manual trading and switch to the trading bot. Sure, there are many benefits like accuracy, lack of human error, but it is still not that intelligent and sensitive to sudden market changes. Or probably I am missing something about trading bots?
Using bots seems like a good thing, because we can't sit 24 hours watching the chart and it can help us to trade when we are sleeping, but I prefer to used the old way, where I operate all thing by myself, I feel more confident and I can learn more thing by doing it myself, and we can analyze the situation before we decide to do the trade
yes I totally agree that the manual is the best way. so then we have the full powers in trading. while if we are not free to use the bot when to sell and buy bitcoin.
Using bots seems like a good thing, because we can't sit 24 hours watching the chart and it can help us to trade when we are sleeping, but I prefer to used the old way, where I operate all thing by myself, I feel more confident and I can learn more thing by doing it myself, and we can analyze the situation before we decide to do the trade
~snipped~
Would you use a Bitcoin trading bot instead of you?
Would you use a Bitcoin trading bot instead of you?
Bots main purpose is to execute your trades even your away at desk. But I only see trading bot as a useful tool when dealing to an asset that have a low volatility for a certain period time. In other words, close to stable price.
Price volatility in bitcoin especially in altcoin sometimes really goes crazy even for a duration of minute. Therefore, trading bot will just wrecked your trading stategy. Well unless you trust your set price as a wall price then up to you to proceed. In this kind of crypto price movement, I preferred to do manual traders than using bots most of the time.
Exactly once. The bot is not the right solution for trading, as the bot is only a tool to help speed up get fit we ordered without looking at what was going on. As well we run the bot that has been on setting, then the bot will only run in accordance with what we are commanded not to need it brings profit or loss, the main thing that bots do is already complying with the appropriate command
I would like to test for couple of days for sure to identify whether it is useful for me or not. Is it yielding me any result or not and how effective it is for the layman to use such bots. What is the difference I am getting being using bot which runs for 24 hours.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
For me, I preferred Manually because we all know that bots are part of our technology today and our tech today are mostly high tech and many people are expert in that. If we use some bots there are possibility that we will lose our money because of broken bots, bots that have issues and worst bots that are hacked. Many people will lose their money and that instances will cause them to fall down and become poor.
Better manual trading, because the bot can not so accurately assess the risks and it does not have intuition.
Until now I have not used a bot in my trading and also have not consider for trading with a bot, I was more comfortable with the manual maybe someday I will considered it, when I think important and helpful then I would consider to use.
Me, too. because i am more comfortable trading manually, since bots not like people who can make decisions wisely. And trading with a bot also does not guarantee there will always profit, and an expensive price of bot tradingmakes me prefer trading manually, hehe. Better to use the funds for trading capital. Thank youBot will not apply permanently for a trading system that is constantly changing, I had to buy a license bot like this, even though they claim maintenance warranty and development, still bot ultimately be futile and useless, it is better if we buy the trading signals license, in addition to improving our skills, this signal makes us more flexibility to make choices.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
For me, I preferred Manually because we all know that bots are part of our technology today and our tech today are mostly high tech and many people are expert in that. If we use some bots there are possibility that we will lose our money because of broken bots, bots that have issues and worst bots that are hacked. Many people will lose their money and that instances will cause them to fall down and become poor.
Until now I have not used a bot in my trading and also have not consider for trading with a bot, I was more comfortable with the manual maybe someday I will considered it, when I think important and helpful then I would consider to use.
Me, too. because i am more comfortable trading manually, since bots not like people who can make decisions wisely. And trading with a bot also does not guarantee there will always profit, and an expensive price of bot tradingmakes me prefer trading manually, hehe. Better to use the funds for trading capital. Thank youSame here. I haven't try trading with bots, although it has its advantage of course, like when you go to sleep or away from your laptop and desktop. But I would rather observe and see the trend in the market and make my own decision to sell or buy so that I can gain experience and learn more about the trading practice.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
OP will do the forum a whole lot of good if he can give out links to these FREE bot sites he mentioned.
That said, bots are called robots in Forex Trading and are auto-pilot driven devoid of emotion which is the killing point of trading, be it forex or crypto trading. So, I would say yes I will use a bot if I know it has a great result.
I agree that giving out the links to the bots with source is useful. Personally I don't like bots I can't debug or modify. I've written several of my own simple bots in the past. While they did great, when a huge move occurred they often failed. I think that is a real problem with bots in general. I found BTC too prone to sudden moves to really be that profitable with simple trading strategies.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
OP will do the forum a whole lot of good if he can give out links to these FREE bot sites he mentioned.
That said, bots are called robots in Forex Trading and are auto-pilot driven devoid of emotion which is the killing point of trading, be it forex or crypto trading. So, I would say yes I will use a bot if I know it has a great result.
Would you use a Bitcoin trading bot instead of you?
Most probably, I will not use trading bots, because I do not want to loose my capital while I'm sleeping. Yes, I am always looking for protecting my capital before looking for making profit out of my capital. When I am more conscious about not losing my capital, I believe I am more than 50% successful with my trading.I have enough skill to make a right trading decisions to make decent profits, then why should I go for automated trading tricks which are not proven for not losing our capital at any time.
~snipped~
Would you use a Bitcoin trading bot instead of you?
Bots main purpose is to execute your trades even your away at desk. But I only see trading bot as a useful tool when dealing to an asset that have a low volatility for a certain period time. In other words, close to stable price.Would you use a Bitcoin trading bot instead of you?
Price volatility in bitcoin especially in altcoin sometimes really goes crazy even for a duration of minute.
Expecting there will be no bearish or bullish trend in the future. Therefore, trading bot will just wrecked your trading stategy. Well unless you trust your set price as a wall price then up to you to proceed. In this kind of crypto price movement, I preferred to do manual traders than using bots most of the time.
There is a manual for using the trading bot which uses it on the wrong timing just give another loss for you. The bot just takes a benefit from the neutral condition. I mean about there is no a lot of the volatility in the market that the market is running on the steady way.
Until now I have not used a bot in my trading and also have not consider for trading with a bot, I was more comfortable with the manual maybe someday I will considered it, when I think important and helpful then I would consider to use.
Me, too. because i am more comfortable trading manually, since bots not like people who can make decisions wisely. And trading with a bot also does not guarantee there will always profit, and an expensive price of bot tradingmakes me prefer trading manually, hehe. Better to use the funds for trading capital. Thank you
Until now I have not used a bot in my trading and also have not consider for trading with a bot, I was more comfortable with the manual maybe someday I will considered it, when I think important and helpful then I would consider to use.
~snipped~
Would you use a Bitcoin trading bot instead of you?
Would you use a Bitcoin trading bot instead of you?
Bots main purpose is to execute your trades even your away at desk. But I only see trading bot as a useful tool when dealing to an asset that have a low volatility for a certain period time. In other words, close to stable price.
Price volatility in bitcoin especially in altcoin sometimes really goes crazy even for a duration of minute. Therefore, trading bot will just wrecked your trading stategy. Well unless you trust your set price as a wall price then up to you to proceed. In this kind of crypto price movement, I preferred to do manual traders than using bots most of the time.
I would like to try a bot to trade, but I do not trust him and am afraid of losing all my coins. Maybe in the future when there will be more money, then I will decide to try out the bot.
The only bitcoin trading bot i know is ABT (autobitcointrading)
But don't know the result now.can someone share experience there?
But don't know the result now.can someone share experience there?
Very interesting feedback so far from all of you guys...
Would you use a Bitcoin trading bot instead of you?
There are times where we can not monitor our trades even if we want to. These lapses will definitely be filled by trading bots. I find it productive to use Trading Bots whenever we are to sleep or go out with our family to have some bonding activities. So definitely, I will use Bitcoin trading bot in times when I have to take a break and rest or do other important activities.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Bots is good if it is developed according to the traders trading strategy. Why many traders who go for bot always abandon the bots and revert back to their human trading is because the bots is not developed according to their strategies and this makes them make losses.Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
using a bot for trading I think it is less effective in addition to our calculations are not necessarily appropriate because anything can happened in trading. and the possibility of our programs can be screwed just like one wrong character in the program that could lead to trading at random or not work.
I agree with you because I too never had any pleasant experience with trading bots. Still I love the idea of trading while I am sleeping. Practically it is not possible but I just imagine what and how it would be if it is really happening. Maybe it sounds greedy to most of the people here, but I am still looking for such a bot which will be trading for me round-the-clock profitably.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
I also want a concept of a bot doing all my tradings before. But now i also think that in life there is no easy way to be a successful trader. In trading there is always a risk so if you will not work and focus on your trading you may lose your bitcoin in such a faster way. And i believe that using bot in trading is just like cheating to earn. In life we need to work hard to earn like in signature campaign we all need to post and always remember the rules so you can earn. Besides if you will be the one who will manage your trading you will learn when it is the best time to buy or sell on your own calculation and not depending on a low probability bot. Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
using a bot for trading I think it is less effective in addition to our calculations are not necessarily appropriate because anything can happened in trading. and the possibility of our programs can be screwed just like one wrong character in the program that could lead to trading at random or not work.
In my opinion trading bots are found successful only when the price increase alone takes place. It is programmed to make buying when price reaches certain level and buy at some other point. Other than this it cannot make effective trades.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Trading bot does have some advantages when compared to manual trading.Trading orders are executed quickly.Minute errors are avoided while placing orders.But if there is a loss of internet connection,trading bots cannot trade at that time automatically.Some human supervision is needed.Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Undoubtedly Trading bots have a better uptime and will not miss any trades which are executed quickly in real time, and the obvious... no emotions are tied during the trading process.
But ultimately the disadvantages outweigh its advantages as bots luck experience and any wrongly set rules for the bot can lose you a lot of money which is why some human interaction is needed for that edge.
I think I am okay using bot if it is only used to send signals for entry or exit but if it will execute orders for me, I do not think so. I do not believe bot can measure market sentiments, only technical analysis. So it is better to have human intervention.
I was one of those who do not believe in trading bot. because I prefer the manual trading. today the development of robots is so fast, but to do it manually trading is the best choice in my opinion. all matters and decisions at the top of my control.
i have to admit that i have always wanted to use a bot and try one of these many different bots and services but there always been two major problems:
1) the price which is usually high
2) trust which is hard thing to do.
maybe if there were some trial period for bots that could get some people like me to try them.
1) the price which is usually high
2) trust which is hard thing to do.
maybe if there were some trial period for bots that could get some people like me to try them.
Would you use a Bitcoin trading bot instead of you?
This is a common fallacy related to bot trading. A bot on an exchange never acts instead of you, it acts as your servant. Gunbot and C.A.T (the main bots on the forum, the former being on Poloniex and the latter on exchanges of your choice), make you set how you want them to run. You choose the best trading pair (a currency with a chart that goes up and down consistently, no pump/dumps as it's a day trading bot), then you choose the variation of price that you want it to allow before buying and selling (so it'll automatically place orders for you) and then it's ready to go. If you actually want it to be profitable you have to check the charts every day and consider changing these parameters and the instructions of the bot. You also have to be prepared to take your money out of the currency if it's looking bad, or shut down the bot and trade manually in certain situations, if you want to profit. 
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Bots is good if it is developed according to the traders trading strategy. Why many traders who go for bot always abandon the bots and revert back to their human trading is because the bots is not developed according to their strategies and this makes them make losses.Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Open source and semi automated is a fine use for auto traders.
Oralmat, check this out:
One of the very first automated Bitcoin trading bots to ever be created goes by the name of BTC Robot.
While it seems to do the job and is quite easy to set up, user’s mileage may heavily vary when using this tool.
The Gekko trading bot is an open source software solution hat can be found on the GitHub platform. It was
last updated two months ago, which seems to indicate it is still being actively developed.
One of the more attractive – yet unknown – solutions goes by the name of CryptoTrader. The service offers
cryptocurrency users automated trading bots running on cloud platforms.
Another open-source solution for Bitcoin traders goes by the name of Zenbot. It is available to download and
modify the code if needed. According to the GitHub page, Zenbot 3.5.15 makes a 1.531 ROI in just three months,
which is quite surprising.
Although technically not a bot in the traditional sense, Tradewave is a platform allowing users to create automated
Bitcoin trading strategies. Users can connect most of the major exchanges to enable live trading within a few minutes.
The Haasbot is somewhat popular among cryptocurrency enthusiasts. On paper, Haasbot does all of the trading
legwork on behalf of the user.
One of the very first automated Bitcoin trading bots to ever be created goes by the name of BTC Robot.
While it seems to do the job and is quite easy to set up, user’s mileage may heavily vary when using this tool.
The Gekko trading bot is an open source software solution hat can be found on the GitHub platform. It was
last updated two months ago, which seems to indicate it is still being actively developed.
One of the more attractive – yet unknown – solutions goes by the name of CryptoTrader. The service offers
cryptocurrency users automated trading bots running on cloud platforms.
Another open-source solution for Bitcoin traders goes by the name of Zenbot. It is available to download and
modify the code if needed. According to the GitHub page, Zenbot 3.5.15 makes a 1.531 ROI in just three months,
which is quite surprising.
Although technically not a bot in the traditional sense, Tradewave is a platform allowing users to create automated
Bitcoin trading strategies. Users can connect most of the major exchanges to enable live trading within a few minutes.
The Haasbot is somewhat popular among cryptocurrency enthusiasts. On paper, Haasbot does all of the trading
legwork on behalf of the user.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Bots is good if it is developed according to the traders trading strategy. Why many traders who go for bot always abandon the bots and revert back to their human trading is because the bots is not developed according to their strategies and this makes them make losses.Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Bots is good if it is developed according to the traders trading strategy. Why many traders who go for bot always abandon the bots and revert back to their human trading is because the bots is not developed according to their strategies and this makes them make losses. Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Trading bot I think is very suitable for people who are busy so could not often see the market, it will help them to earn profits. To my knowledge, a good trading bot is paid but I do not know whether it's true or not. If I do trading I never use a trading bot. I'm better to do it manually and always took time to trade, besides profits it can also be knowledge to our skills when trading manually 
this means the bot has to make the decisions and follow the strategy and that means if the bot has any kind of bug then it would lead to significant amount of money lost.
in short no I do NOT trust a bot to do things for me, although i am using one and yes i have lost money but i have placed a lot of preventing measures that the loss has been very small.
in short, as i always say, if you are new to trading then stay away from using a bot.
in short no I do NOT trust a bot to do things for me, although i am using one and yes i have lost money but i have placed a lot of preventing measures that the loss has been very small.
in short, as i always say, if you are new to trading then stay away from using a bot.
It is very important to have trading knowledge when using bots. The days aren´t always the same, the markets as different behaviors and you need to understand what you are asking the bot to do. In a simpler way to know when to turn it on or off, or to adjust its settings to the market and pair specifics for that day
That's right, I also have experience with some bots, that I can't understand how the algorithm and the script of the bots works, when the trend is changed the bot can't adapt because it's just doing a lopping algorithm, so the knowledge about how the bot works is very necessary.
Bot actually is just a tool to make easier doing our trade, all strategy is depends on ourselves.
It is very important to have trading knowledge when using bots. The days aren´t always the same, the markets as different behaviors and you need to understand what you are asking the bot to do. In a simpler way to know when to turn it on or off, or to adjust its settings to the market and pair specifics for that day
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
I think BOT only tool you can automatic trading but same with pending order with use TP and SL
so bot not guranted you can always get profit and not lost
Hi,
check my bot if you are interested in : https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103
It works on 20 Exchanges and i'm selling it since 2013. Check my 200+ Trusted feedacks. And of course you can run it inside a sandbox if you have fear of some "malicous code" : C.A.T. will only using API System and his Working Folder.
check my bot if you are interested in : https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103
It works on 20 Exchanges and i'm selling it since 2013. Check my 200+ Trusted feedacks. And of course you can run it inside a sandbox if you have fear of some "malicous code" : C.A.T. will only using API System and his Working Folder.
Well, bitcoin trading bots are ok and nowdays they are developed very well like gunbot and etc many bots here.
Despite everything, bot can't be better than human's brain and to my mind bot trading isn't good for serious money and profit. Chanses of mistakes with bot are very higher than with manual trading and also with bots you can't get experience.
Despite everything, bot can't be better than human's brain and to my mind bot trading isn't good for serious money and profit. Chanses of mistakes with bot are very higher than with manual trading and also with bots you can't get experience.
Bitcoin Trading Bots are really cool if the person knows how to inspect the source code within the program. The reason why is that people like to put hidden code within the program to take another person's information without them knowing right when they enter in their login details.
Trading Bots are typically okay to use when the proper indicators are all set in place. Just make sure that there isn't any other outgoing information leaking from the Trading Bot.
Trading Bots are typically okay to use when the proper indicators are all set in place. Just make sure that there isn't any other outgoing information leaking from the Trading Bot.
Would you use a Bitcoin trading bot instead of you?
I would use trading bots specially for day trading if those bots are developed by well known and trust-able developers. I am looking at gunbot this days for auto trading in poloniex, manual trading on poloniex during large pumps and dumps is almost impossible so i am thinking about using bot to make some nice profit in this big swings. However i think manual input and monitoring is also very important to set strategy for bots.
It will not work I am sure because they are many new scam coins but crypto coins are real risky for trade so only your experience can help you.Many persons also told me that bots dont work.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
No, I don't use a bitcoin trading bot because bot is program be made by peoplesInterestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
and not all of traders will be suitable with the bot, the bot must be tested by traders
I am more comfort trade with manual because i am full control in trading.
I've thought about doing bot trading in the past.
For bot trading to be viable requires prices to move a decent amount of percentage points on a daily basis imo.
Imagine if you had the perfect bot that never fails to make money.
In a theoretical context, you could make maybe around 1% per day as that's near to the maximum amount prices fluctuate in a 24 hour period.
That comes out to around 30% (without compounding interest) gains per month(without factoring in trading commissions, etc).
For bots to be attractive would require bigger percentage moves on a daily basis to elevate that maximum potential profit number higher than 1%.
Of course, your trading would be limited by volume and other factors.
Its not really worth it imo to go through the trouble of designing and coding a bot only to earn approximately 30% in a 30 day period.
Then of course, you have to factor in your losses as you'll definitely lose sometimes, trading in the real world.
The best trading strategy over the long term is probably to just hold btc or other crypto.
The more details factor in, one might say the less attractive a trading bot might be.
For bot trading to be viable requires prices to move a decent amount of percentage points on a daily basis imo.
Imagine if you had the perfect bot that never fails to make money.
In a theoretical context, you could make maybe around 1% per day as that's near to the maximum amount prices fluctuate in a 24 hour period.
That comes out to around 30% (without compounding interest) gains per month(without factoring in trading commissions, etc).
For bots to be attractive would require bigger percentage moves on a daily basis to elevate that maximum potential profit number higher than 1%.
Of course, your trading would be limited by volume and other factors.
Its not really worth it imo to go through the trouble of designing and coding a bot only to earn approximately 30% in a 30 day period.
Then of course, you have to factor in your losses as you'll definitely lose sometimes, trading in the real world.
The best trading strategy over the long term is probably to just hold btc or other crypto.
The more details factor in, one might say the less attractive a trading bot might be.
Trading is hazardous, no matter if it is discretionary or automated.
If you intend to buy a bot system (expert advisor), you need to realize there is a market limit that is liquidity. And if a person has a successful bot (truly unlikely), he would not sell it to you that you will just suck out the market liquidity from him.
If you intend to develop your own system, you need to realize no matter what approach you employ (machine learning, optimization, etc), the market structure will always be highly uncertain with interchanging trend-following and mean-reversion. All the technical indicators you can employ will eventually prove to be just invalids.
In conclusion, trading is strongly NOT recommended.
Discretionary trading is worse than using bots because of all the emotions involved, unless you are trading a very primitive market.
Seasoned traders trade the market by spoofing it with an automated system, but this is not recommended as you can get caught and be sent to jail like Nav Sarao.
If you intend to buy a bot system (expert advisor), you need to realize there is a market limit that is liquidity. And if a person has a successful bot (truly unlikely), he would not sell it to you that you will just suck out the market liquidity from him.
If you intend to develop your own system, you need to realize no matter what approach you employ (machine learning, optimization, etc), the market structure will always be highly uncertain with interchanging trend-following and mean-reversion. All the technical indicators you can employ will eventually prove to be just invalids.
In conclusion, trading is strongly NOT recommended.
Discretionary trading is worse than using bots because of all the emotions involved, unless you are trading a very primitive market.
Seasoned traders trade the market by spoofing it with an automated system, but this is not recommended as you can get caught and be sent to jail like Nav Sarao.
the bots have always been so expensive for me to even consider buying any of them. although i have heard about quite a lot of them. and seen a lot of them also.
they certainly help a lot but i can never trust any of them. specially those sites that you create an account on and do the trading for you. a program is at least a bit more trust-able.
i have my own bot but it is not automatic, i do the analysis and everything else manually and then that just executes and keeps track of things for me.
they certainly help a lot but i can never trust any of them. specially those sites that you create an account on and do the trading for you. a program is at least a bit more trust-able.
i have my own bot but it is not automatic, i do the analysis and everything else manually and then that just executes and keeps track of things for me.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
I have been in trading for quite a long time and have heards of bots but have not used it because i am not sure if they are really profitable or not. Another thing is that all the bots which i know are paid ones. Asyou have mentioned there are free bots available , can you guide where can i get such free trading bots ?
if i can trust the trading bot, then yes. and trusting is not only about trusting that the bot doesn't steal my coins but also it is about trusting that the code is good enough that won't go crazy and make weird trades that leads to user's loss. and there have already been many of these cases that people lost money because of a bot.
which is i prefer the old fashioned way of trading and if i can i code my own thing.
ps. IMO this belongs to trading discussion board.
which is i prefer the old fashioned way of trading and if i can i code my own thing.
ps. IMO this belongs to trading discussion board.
if the bot is likely made by yourself it's better, if you can't trust another bot, better to ask for the source, the bot itself doesn't do much it's the strategy that the creator of the bot, adopt that matter, if the strategy it's bad you will lose money if not you can do well for some time, but after that you need to change again the strategy, the competition is fierce in trading, traders always come with a better +ev strategy
I prefer manual trading. I'm on financial market since early 2000's and i could say that manual trading is better than bot
I'm not sure how effective they are, that's probably the only reason why I haven't bought one yet. We have two developers on the forums who made a couple of bots. C.A.T[1] which exists for a few years now and support multiple exchanges and developement is still active and also Gunbot which only support Poloniex but It looks like people are satisfied with it.
If I knew for sure that I'm going to get profit from them, I would definitely buy them but I don't think I'm willing to take the risk.
[1] https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103
[2] https://bitcointalksearch.org/topic/gunbot-automatic-poloniex-profit-generator-1715214
If I knew for sure that I'm going to get profit from them, I would definitely buy them but I don't think I'm willing to take the risk.
[1] https://bitcointalksearch.org/topic/bot-cat-cryptocurrency-automatic-trader-new-price-list-042021-507103
[2] https://bitcointalksearch.org/topic/gunbot-automatic-poloniex-profit-generator-1715214
if i can trust the trading bot, then yes. and trusting is not only about trusting that the bot doesn't steal my coins but also it is about trusting that the code is good enough that won't go crazy and make weird trades that leads to user's loss. and there have already been many of these cases that people lost money because of a bot.
which is i prefer the old fashioned way of trading and if i can i code my own thing.
ps. IMO this belongs to trading discussion board.
which is i prefer the old fashioned way of trading and if i can i code my own thing.
ps. IMO this belongs to trading discussion board.
Cryptocurrency trading isn’t easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
Interestingly enough, most people don’t realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.
They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.
There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.
Would you use a Bitcoin trading bot instead of you?
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