what is clear is that we must first identify what is meant and its use, a trading bots is a system that runs transactions automatically using an algorithm so that users do not have to bother monitoring the market.
is a computer software that can work automatically for market monitoring, calculating entry opportunities, placing transactions, and performing risk management based on algorithms that have been embedded in the program lines.
With what we already know and its uses, we can conclude for ourselves because this is in the form of a human-made system, so it could be that what is made is not in accordance with what we want because we still have to do something for the system to work.
but I myself totally agree with what the op said, that if it is as good as they claim, why not use it as much as it should be.
but it should also be borne in mind that many bots are illegal and very unreferenced, as they are selling for their own profit. even if it's legal, it won't necessarily be able to make what we do good.
so all decisions are on oneself, if it is only used to help analyze it is better, but the decision must be on oneself.
Topic: Crypto Trading Bots (Read 907 times)
Not every bot is profitable, actually, most aren't. So, Ideally the bots actually generate a profit and ideally that profit is greater in risk-adjusted terms than had you have just bought the same coins and held them throughout.
Here I think that those who use these paths have no knowledge of trading as a competing trader so it is going to be difficult to win their position step by step because they may not have any qualification to treat in the first place if they have a foundation as an individual. So I think maybe they can make some money from trading codes 
The thing is past patterns, history and bots investigation aren't 100 percent right with the current market, you should know about exchanging ready to acquire benefit. However, they are completely exposed to the very dangers that exchanging an exceptionally unstable market has uncommonly assuming you consider the siphon and dumps of altcoin market.
There will be ups and downs. But the market is profitable if people know how to use the timing of buying or selling. There will be methods to attempt to make the procedure easier like bots and algorithms but they don't help in confirming a profit. There will be losses incurred just like any regular trader will get.I won't say that market is exponentially unstable but the change remains within 15% in Bitcoin. Don't take altcoins into the consideration because they are not be trusted for long term development.
Use a bot only if you have developed it yourself and know that the bot is only an automation of your methods not some trick to fool a profit.
The thing is past patterns, history and bots investigation aren't 100 percent right with the current market, you should know about exchanging ready to acquire benefit. However, they are completely exposed to the very dangers that exchanging an exceptionally unstable market has uncommonly assuming you consider the siphon and dumps of altcoin market.
bot will just work for buy and sell but you have to set buying and selling price yourself then bot will work as your command. if you trade annually then you have to spend time on it but if you set bot as your buy and selling price then bot will do it automatically. bot just save your time . bot is depended in your command. that’s it
I want to describe you about the working behind the crypto trading bots that how these bots works.
Basically this is all because of artificial intelligence. In this way, we train the bot from the trading style of some successful traders. And after that machine takes the decision on the basis of information that he gathers. A machine takes the decision itself and sometimes a professional trader manage the machine. This is a whole automatic process. Bots have some subscription fees for their services.
Basically this is all because of artificial intelligence. In this way, we train the bot from the trading style of some successful traders. And after that machine takes the decision on the basis of information that he gathers. A machine takes the decision itself and sometimes a professional trader manage the machine. This is a whole automatic process. Bots have some subscription fees for their services.
I've never used a bot down here that I've done so far from here I don't think the bot can work here alone but the bot ray is still programming and you have to get an order to sell or buy coins like this so if you are still pre-trading If you do not understand then it seems that using bot is not the right choice. If you do not have time then it would be more suitable to use but market conditions you can use it and take advantage from here.
I wonder if people are really making money from trading bots as compared to those who really trade on their own without any help from bot. One will have to be paying a monthly subscription for the owners while there are some months you will be running negative particularly when there are fundamental issue.
There can be two options here, 1. Bots that you have developed on your own - you can program the bot yourself and make sure it runs properly.
2. Buying a bot - you have to trust and pay the developer. There are many devs out there with reputation. But this is a compromise they need to make.
For a speculative market the seond options leads to a lot of mental stress. The first option is also not free of mental stress but lower.
Using these bots will never guarantee your profit but only make sure you continue reading during sleep and at times when you are not in front of the device. Nothing more than that should be expected of a bot.
I've used trading bots, but I'm not completely sure about the bots I use, because bots don't have the psychology or feelings of humans in general and we don't know what bot program is made of, so we still have to control it. There are many considerations that must be made if you want to use a bot for trading, we must know the win rate of the bot, secondly, we must know the origin of the bot, where and for what reason the bot was created, adjust our balance to what the bot recommends, must know the bot system, what the mechanism is like, paid or profit sharing, never use a free bot, because it is very dangerous, it could be just a trial product.
It is helpful to select a bot that suits your level of trading. They support multiple strategies, integrate social trading to allow buying or use of free third-party signals, and definitely are tried and tested.
I wonder if people are really making money from trading bots as compared to those who really trade on their own without any help from bot. One will have to be paying a monthly subscription for the owners while there are some months you will be running negative particularly when there are fundamental issue. 
We have noticed on many exchange side that it is being controlled by bots.All the exchange sites that are regulated by the bot do not get any benefit from trading from those exchange sides.It has been seen that bots are trading all time arbitrarily. No investor will ever trade on all these exchanges.So we want cryptocurrency trading centers not to be bots.
It is helpful to select a bot that suits your level of trading. They support multiple strategies, integrate social trading to allow buying or use of free third-party signals, and definitely are tried and tested.
Logically speaking using a social media or third party signals means you are following their pump and dump schemes. Although you might be able to profit from that but this is not suggested to any serious trader. There are bots available but the basis remains the same. It follows th programs ordered by the owner of the bot. This will not change based on social media calls or whatever which are often not reliable.
You would end up wasting time in fake signals and not legit orders.
Following the pump and dump is also riskier than the traditional trading practices.
We can't say the accuracy of any trading bot, it' still depend from how you choose the path that you'll going to take.
It's a tough call when using bot, there are advantages and disadvantages, it's on your own decision making to entrust
your investment with bot or on your own system.
It is helpful to select a bot that suits your level of trading. They support multiple strategies, integrate social trading to allow buying or use of free third-party signals, and definitely are tried and tested.
Logically speaking using a social media or third party signals means you are following their pump and dump schemes. Although you might be able to profit from that but this is not suggested to any serious trader. There are bots available but the basis remains the same. It follows the programs ordered by the owner of the bot. This will not change based on social media calls or whatever which are often not reliable.
You would end up wasting time in fake signals and not legit orders.
Following the pump and dump is also riskier than the traditional trading practices.
We can't say the accuracy of any trading bot, it' still depend from how you choose the path that you'll going to take.
It's a tough call when using bot, there are advantages and disadvantages, it's on your own decision making to entrust your investment with bot or on your own system.
I prefer giving the human touch because it is important to keep the trader mentally stable regarding trading. Knowing that they developed the bot on their own is a good thing, leaves out all chances of suspicion. But then this is trading and it is a speculative market. No results are guaranteed.We can't say the accuracy of any trading bot, it' still depend from how you choose the path that you'll going to take.
It's a tough call when using bot, there are advantages and disadvantages, it's on your own decision making to entrust your investment with bot or on your own system.
....
If trading bots are as good as they claim, why are folks not using them as much as they should?
This is already a smart answer and you need to pay attention. why do they sell it when indeed what it makes produces something for them? obviously no one will provide correct and accurate analysis, only to benefit others because it is certain that the profits to be obtained will be eroded alias divided by many who use it.If trading bots are as good as they claim, why are folks not using them as much as they should?
but we can not blame because there are still many people who do not believe in its capabilities and still trust bots. so it's not surprising that we see that there are still many who use it and some are indeed possible when using it to get a profit, but do they also inform you when you lose?
Do you trust it enough to make the right decisions?
It's a bot! The bot will do how you set it up! So what's important is to know how to set it up properly! What people forget is that a bot to work properly even with a solid setup needs a bankroll! Some strategies require a min bankroll to work and be profitable! Quick reminder, the wrong setup can bust your bankroll!
bot can provide for a short-run traders!
Usually bots are used when market conditions are sideways. I've also used a trading bot, I also don't run a trading bot 24 hours a day. I use bots only at certain moments. Mostly manual trading.If trading bots are as good as they claim, why are folks not using them as much as they should?
In my experience, bots can also incur losses if market volatility increases significantly.
Do you trust it enough to make the right decisions?
It's a bot! The bot will do how you set it up! So what's important is to know how to set it up properly! What people forget is that a bot to work properly even with a solid setup needs a bankroll! Some strategies require a min bankroll to work and be profitable! Quick reminder, the wrong setup can bust your bankroll!
I tried a few trading bots but I didn't like them, I prefer to trade manually! I am more long runner than short, so I don't need some quick response as the bot can provide for a short-run traders!
It is helpful to select a bot that suits your level of trading. They support multiple strategies, integrate social trading to allow buying or use of free third-party signals, and definitely are tried and tested.
When crypto market started new, the bots were working very well until whales and institutions began to enter trading crypto and begin to change many things that used to work. They change strategies.
Bot is likely configured with one exchange, when you change exchange you need to write another code.
The best thing is to learn to trade yourself
Bot is likely configured with one exchange, when you change exchange you need to write another code.
The best thing is to learn to trade yourself
We all know how volatile the crypto market is especially now. I have heard so much about crypto trading bots and their possibilities of automating the trading process and turning folks into crypto millionaires. For some of these bots, the user can program them to buy at predefined low and sell at a predefined high. I’m pretty skeptical about this maybe out of ignorance or just sheer human skepticism for stuff like this. Have you ever used a bot to automate your trading? Do you trust it enough to make the right decisions? If trading bots are as good as they claim, why are folks not using them as much as they should?
What I think is to trade is to buy the tokens that will be bought at a lower price and sell at a higher price. I think this is a trade and if all the tokens can be bought at a lower price and sold at a higher price then we will see a better one. There will be profit and to do this you have to think a lot and watch the market all the time
We all know how volatile the crypto market is especially now. I have heard so much about crypto trading bots and their possibilities of automating the trading process and turning folks into crypto millionaires. For some of these bots, the user can program them to buy at predefined low and sell at a predefined high. I’m pretty skeptical about this maybe out of ignorance or just sheer human skepticism for stuff like this. Have you ever used a bot to automate your trading? Do you trust it enough to make the right decisions? If trading bots are as good as they claim, why are folks not using them as much as they should?
I've heard about it but never tried it, sounds like using a script to automate your trade but I highly doubt that it's gonna make people millionaires, sounds too good to be true for me. The answer on your questions are already given when you doubt it why you don't see it using by the majority, simply because it's not working. Trading needs to be hands on, because you need to monitor the market as much as possible, you'll need that for your technical analysis to make it profitable as much as possible if you could.
claiming.Bots are for automation nothingless but people do really have those kind of impression that you would make out guaranteed profits on using these.
The only thing that you could rely is only into yourself on which you would really be depending on your own skills and knowledge and nothing beats out when you do
make manual trades.
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