Crypto Trade Bots and Apps Articles - And a Warning

Vangar

jr. member

Activity: 73

Merit: 1

Quote from: Aniadec on September 03, 2018, 04:29:43 PM

Quote from: Vangar on September 02, 2018, 01:02:53 PM

We made reviews about popular apps and bots that can make your trading life easier. Read them to get an idea what they are for but careful with handling them - you still need to use your intuition and knowledge for them to really benefit you in crypto trade!

https://www.cryptocointrade.com/about-trading/crypto-trading-apps/

https://www.cryptocointrade.com/about-trading/crypto-trading-bots/

Traders should understand that the tools are there to be used and manipulated. If you leave an AI to do the job in your stead, you are bound to lose - and a lot as well. Apps and bots are wonderful for automatizing your activities and can help you gather data efficiently and very fast. But they cannot trade instead of you. Insights within a market like cryptocurrencies require human interaction, psychology, and understanding why people behave the way they do!

Am I understand correctly that the usage of such an app requires API connection. So, the bot will have control over buying and selling?

If you apply the bot with all following functions, then yes, you can set it up for buying, selling and transferring assets/funds around. You still hold control as you need to program it on periods and situations when these transfers should occur.

Aion2n

hero member

Activity: 700

Merit: 503

Many newcomers think that somewhere there is a magic bot that will earn them money. And they will at this time think over where to spend this money. Many of them even don't guess that using a bot can lead them to losses. Unfortunately the basis of the crypto market is made up of people who don't want to learn independently and receive experience. Such people prefer buying bots, listening to signals from different groups or simply buying currencies on luck.
But no matter how cruel it may sound, it is thanks to such people that another part of the representatives of the crypto market (the one who is not lazy to learn and gain experience and skills) has the opportunity to earn money.

Aniadec

jr. member

Activity: 70

Merit: 1

Quote from: Vangar on September 02, 2018, 01:02:53 PM

We made reviews about popular apps and bots that can make your trading life easier. Read them to get an idea what they are for but careful with handling them - you still need to use your intuition and knowledge for them to really benefit you in crypto trade!

https://www.cryptocointrade.com/about-trading/crypto-trading-apps/

https://www.cryptocointrade.com/about-trading/crypto-trading-bots/

Traders should understand that the tools are there to be used and manipulated. If you leave an AI to do the job in your stead, you are bound to lose - and a lot as well. Apps and bots are wonderful for automatizing your activities and can help you gather data efficiently and very fast. But they cannot trade instead of you. Insights within a market like cryptocurrencies require human interaction, psychology, and understanding why people behave the way they do!

Am I understand correctly that the usage of such an app requires API connection. So, the bot will have control over buying and selling?

Vangar

jr. member

Activity: 73

Merit: 1

Quote from: zanezane on September 02, 2018, 08:23:58 PM

Bots are made to make our trading life gets easy but don't just fully depend on them because you're still the one who's responsible for your trading and obviously you have your brains and bot doesn't have one, unless it's a vice versa.

By the way, the article in OP seems having a trouble. It keeps on " page was not found ", please fix

Missed that, thanks a lot! Using bot blindly will always get you in trouble. No matter how advanced, a human factor needs to be taken into account. There is no tool that can do everything for you. If it did, we would never see it, as organizations would use them for their own needs

zanezane

full member

Activity: 868

Merit: 150

★Bitvest.io★ Play Plinko or Invest!

Bots are made to make our trading life gets easy but don't just fully depend on them because you're still the one who's responsible for your trading and obviously you have your brains and bot doesn't have one, unless it's a vice versa.

By the way, the article in OP seems having a trouble. It keeps on " page was not found ", please fix

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Vangar on September 02, 2018, 01:02:53 PM

We made reviews about popular apps and bots that can make your trading life easier. Read them to get an idea what they are for but careful with handling them - you still need to use your intuition and knowledge for them to really benefit you in crypto trade! https://www.cryptocointrade.com/about-…/crypto-trading-apps/ and https://www.cryptocointrade.com/about-…/crypto-trading-bots/

Traders should understand that the tools are there to be used and manipulated. If you leave an AI to do the job in your stead, you are bound to lose - and a lot as well. Apps and bots are wonderful for automatizing your activities and can help you gather data efficiently and very fast. But they cannot trade instead of you. Insights within a market like cryptocurrencies require human interaction, psychology, and understanding why people behave the way they do!

This is the thing on where most people do thought about Trading bots and apps specially newbies who do purchase off or even use the free ones and later on they cry out
because they do lose money and the bot do able to break its expectation without even thinking into the thing that bots arent a magic tool where you put up money and they would
do the rest for you to make profits.Wrong beliefs and mindset because profitability would always matter on how you do set it up it is just a simple too which would really automate your trades.

Vangar

jr. member

Activity: 73

Merit: 1

We made reviews about popular apps and bots that can make your trading life easier. Read them to get an idea what they are for but careful with handling them - you still need to use your intuition and knowledge for them to really benefit you in crypto trade!

https://www.cryptocointrade.com/about-trading/crypto-trading-apps/

https://www.cryptocointrade.com/about-trading/crypto-trading-bots/

Traders should understand that the tools are there to be used and manipulated. If you leave an AI to do the job in your stead, you are bound to lose - and a lot as well. Apps and bots are wonderful for automatizing your activities and can help you gather data efficiently and very fast. But they cannot trade instead of you. Insights within a market like cryptocurrencies require human interaction, psychology, and understanding why people behave the way they do!

Topic: Crypto Trade Bots and Apps Articles - And a Warning (Read 160 times)