Topic: Can you actually profit from bot trading? (Read 461 times)
I've seen enough and learned what I need to know so I'll be locking this thread now. Thanks!
Cryptocurrency trading is totally different from normal trading field but you can easily make the profit by your presence of mind and their actual profitable way will definitely different from normal people to make profits that's why they been interested in this field not more than others.
Yes, but not every bot is already configured to match the current state of the market so there will be a lot of tweaking involved on your trading bot before starting to get something off of it. Leaving it on autopilot at all times is like wanting to lose your money in a short time, so make sure that you also check the market conditions and adjust what your bot will do accordingly. Trading bot isn't a miracle but rather an automated tool to complete things that human reflexes can't match.
Bot trading is very difficult to use for newbies hopefully they don't understand the mechanics as a new crypto trader because it cause a highly risk for their funds.
I'm planning to trade crypto by using bot while I work. I'm curious if it could be done in a way that you profit with minimal intervention to the bot? For the mean time, I'm studying TA and other fundamentals regarding to trading.
if you are good at programmers, and you have a good strategy for every condition on the market. and implementing it in bots, you can just make a big profit from that bot, there are advantages where bots are far better than ordinary humans, because bots avoid emotional feelings, bots won't be able to panic selling because of fear. so I think the bot is worth trying 
As far as I know trading bots just help to make your job easier. They don't choose which coin to buy, they just make the deals with coins you chose.
all this time I only saw people showing off their screenshots. well, in my opinion it's quite profitable, it's just that it's not controlled, and can make us lose anytime if we don't pay attention to it. well, but this is useful for those who are busy with their work.As far as I know trading bots just help to make your job easier. They don't choose which coin to buy, they just make the deals with coins you chose.
all this time I only saw people showing off their screenshots. well, in my opinion it's quite profitable, it's just that it's not controlled, and can make us lose anytime if we don't pay attention to it. well, but this is useful for those who are busy with their work.
i have been working with bots. i can say they are working perfectly for me but i need more strategy on how it works. i am yet to understand fully TAs. but i followed a crypto group with good TA of the market. the team has been wonderful so far.
plus another wonder site that provides me with up on good coins, when to buy and also recommendations.
plus another wonder site that provides me with up on good coins, when to buy and also recommendations.
Of course A lot of good traders are taking advantage of bots. Profiting using bots is not how most people think. Most people think good trading bots are just bots that you press start once, and it'll pretty much make you money as long as it's on. Well, that's not the case. Traders frequently update the sort of "pattern detection"(for a lack of a better work).
As for leaving trading bots running with minimal intervention, it probably can work. Again, it depends on how you set up your bot.
As for leaving trading bots running with minimal intervention, it probably can work. Again, it depends on how you set up your bot.
can you please provide any trusted bot you know that is working. i have one already but i need another good bot for my kucoin exchange please.
I'm planning to trade crypto by using bot while I work. I'm curious if it could be done in a way that you profit with minimal intervention to the bot? For the mean time, I'm studying TA and other fundamentals regarding to trading.
BOTs are all fake
I'm planning to trade crypto by using bot while I work. I'm curious if it could be done in a way that you profit with minimal intervention to the bot? For the mean time, I'm studying TA and other fundamentals regarding to trading.
Be watched full on bots you get your self involved in many hackers around the crypto world now have many ways to get out you let funds or can eventually rekt you out of the market in no time. 
As far as I know trading bots just help to make your job easier. They don't choose which coin to buy, they just make the deals with coins you chose.
I certainly never tried to trade using a bot, but I think it can work. The main thing to configure it correctly and then it will work as you need.
Regardless of whether you can discover a machine that produce quick returns, you may wish to ask yourself this: What might you rather have – a bot that can transform 5 BTC into 5.1 BTC consistently or the opportunity of having 5 BTC allowed to put resources into a straightforward day exchanging technique?
Bots can complete a great deal, yet the way things are, they can't factor in key examination, breaking news, insider learning and the heap different elements that make markets move.
Bots can complete a great deal, yet the way things are, they can't factor in key examination, breaking news, insider learning and the heap different elements that make markets move.
I'm planning to trade crypto by using bot while I work. I'm curious if it could be done in a way that you profit with minimal intervention to the bot? For the mean time, I'm studying TA and other fundamentals regarding to trading.
Not an assurance thing for it to be working or not because Bots are just designed for the automation of trades not on making yourself profitable.So,basically it would mean that it does only the work you have setting you had made.If it does work then your strategy is good but if not then dont blame the Bot for such loss.
Using trading bot as a tool of trading is having an advantage when you are in trading. Even you are sleep or as what OP says even you are in work you can be assured that you have minimal lose by having a setting on your bot and automatic cut your losses during the dip market.
I personally recommend using this trading bot is a perfect and easiest way of trading, good to use is Gunbot trading bot.
I personally recommend using this trading bot is a perfect and easiest way of trading, good to use is Gunbot trading bot.
I'm planning to trade crypto by using bot while I work. I'm curious if it could be done in a way that you profit with minimal intervention to the bot? For the mean time, I'm studying TA and other fundamentals regarding to trading.
BOTs are all fake
I don't think using bots to trade is worth it, they are being over hyped. The best thing is if you're interested in trading then you should take out your time and study every thing about it and become an expert in it. In this market, a lot of people lose and only just a few experts make money from trading, so if you can get to that level of being an expert then there is no need to making use of bots. Lots of reviews I have read about bots, I got to learn that they are not really worth it. Majority of the time what you get is loss. Just that those who makes use of it don't really come open about it. So to me it us not really worth making use of them. You can still try your luck, that it doesn't work for others doesn't mean it wouldn't work for you. But I prefer to learn and do things myself.
Of course A lot of good traders are taking advantage of bots. Profiting using bots is not how most people think. Most people think good trading bots are just bots that you press start once, and it'll pretty much make you money as long as it's on. Well, that's not the case. Traders frequently update the sort of "pattern detection"(for a lack of a better work).
As for leaving trading bots running with minimal intervention, it probably can work. Again, it depends on how you set up your bot.
As for leaving trading bots running with minimal intervention, it probably can work. Again, it depends on how you set up your bot.
That's right, it depends on how you set up your bots so you still need to study, understand how the market works, research and read all related articles in order for you to be able to set-up you bot in your advantage and set it up as accurate as possible. On the other hand, I don't think it's a good idea to leave bots with minimal intervention considering that the market isn't stable you might as well lose instead of getting profits.
We can make a profit from bot trading, but that is only if we know how to use the bot. I think if we read the manuals about how to running the bot, we can make a good setting for the bot so the bot will see a chance to buy and sell. But as the market is unpredicted, we need to be careful about setting the bot because we don't know how good the market will moves.
Jump to: