Topic: Do crypto trading bots really generate profits? - page 5. (Read 3176 times)
Trading bots in and of itself don't generate profits on its own per se. This just gives the trader the convenience of automation. A good trading bot is only as good as its features and I personally think SmartBotCoin has the features to compete with the top platforms.
yes and it will depends on what trading platform you/ we use, me I recommend using SmartbotCoin because it has a cool features and perfectly good for beginners, also it has a feature wherein you can automatically trade and it will trade you good and when you have a questions you can easily contact or see their youtube channel, there are videos uploaded that explain every sections of the platform for a better understanding. and as I can see and hear smartbotcoin has a good feedbacks form my friends so I highly recommend this platform to try.
work with terms of evaluation to shows of chance on trader to gives with one on reference as expending of limit on funds and more with use of times and resource to commit on plan as collecting numbers with returns on completion.
It really depends on how the traders are building strategies while trading. It depends on the taste of trader whether they are technical traders or fundamental and according to my experience if a bot or tool says that they can outperform the market, you need to stay away from that. No one can outperform the market in the long term, and yes trading tools can help build strategies to make informed decisions. Recently one of my friends suggested a trading tool named SmartBotCoin.
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
I am also a trader and it's my first time using a trading bot just like you said which is the SmartBotCoin, and it helps me a lot in every trade that I make. So I highly suggest trading bot for newbie in trading just like me. But be careful on some scam bot so I highly suggest using SmartBotCoin which is a trusted one.
In my opinion trading bots can provide profits when sideway market movements. But when the market moves to rally, it is difficult for bots to take advantageous positions
It's not so difficult when you are putting a high limit for your sell orders, but the difficult thing when it comes to the bearish market. How profitable bot depends on the user itself because that used the input that already made by the users. The users must use the technical analysis to determine the possibility of where will be the market direction.
This is the difficult part when you are using trading bot.
Many of us are looking for some tool that can help us as a trader and smartbotcoin is the answer its amazing because it can help us to build great strategies.
so far I have not traded using bots because it will only make assets that I have at high risk because the security of bots is not guaranteed, but I see some people dare to use bots and get a lot of benefits, but I still will not use bots to trade prefer manually.
Hi Google+, that is the reason we have a manual trading terminal as well. Not all traders like to use bots as they are machines and cannot fully understand a trader's trading philosophy.
To get a better understanding of how you can leverage the automated bots (buy low/sell high and rebalacing together) you can try out our backtesting tool - https://app.smartbotcoin.io/#/backtest
It really depends on how the trading bot was built because you cant trust all trading bot,some are worse and some are fair but dont rwl on bots unless you know how the works
Hi Doranile432, that is the reason we have a manual trading terminal as well. Not all traders like to use bots as they are machines and cannot fully understand a trader's trading philosophy.
I don’t really prefer trading with bots at all. I feel it’s much better and beneficial to go for manual approach. However, if you are really determined I will say be very selective with Crypto Trading Bots, as majority are not good enough to use. I prefer going for my own way of trading. As I feel eventually if you are to get real kind of success, it has to be through manual trading only. You can gain temporary via bots, but not permanently.
I agree. If we use bots for each of our trades, we cannot learn anything from market movements. Besides that bots are sometimes not profitable because they cannot read the sudden market movements
It really depends on how the traders are building strategies while trading. It depends on the taste of trader whether they are technical traders or fundamental and according to my experience if a bot or tool says that they can outperform the market, you need to stay away from that. No one can outperform the market in the long term, and yes trading tools can help build strategies to make informed decisions. Recently one of my friends suggested a trading tool named SmartBotCoin.
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
Well, having this kind of trading bot will totally help us to manage our losses and portfolio and trading bot is very helpful in doing trading just like all you need to do is copy someone's trade and afterwards once they earn profit from the trade you can earn as well. Maybe I will try this kind of trading bot and it seems totally worth it to use. I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
It really depends on how the trading bot was built because you cant trust all trading bot,some are worse and some are fair but dont rwl on bots unless you know how the works
It really depends on how the traders are building strategies while trading. It depends on the taste of trader whether they are technical traders or fundamental and according to my experience if a bot or tool says that they can outperform the market, you need to stay away from that. No one can outperform the market in the long term, and yes trading tools can help build strategies to make informed decisions. Recently one of my friends suggested a trading tool named SmartBotCoin.
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
I heard a lot of news about using trading bots is not a good way to start a trade, but i think using a trading bot can still be useful for some traders who can't manage most of their trades that they need it automatically, that is why using SmartBotCoin is very convenient to use and a trusted one. I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
Yes they does generates profit. When there is a good order in order book, bot will quickly fill it.
We will difficult to beat the bot when it come to speed. But sometime the trading bot can be overcome using pump and dump method.
We will difficult to beat the bot when it come to speed. But sometime the trading bot can be overcome using pump and dump method.
It really depends on how the traders are building strategies while trading. It depends on the taste of trader whether they are technical traders or fundamental and according to my experience if a bot or tool says that they can outperform the market, you need to stay away from that. No one can outperform the market in the long term, and yes trading tools can help build strategies to make informed decisions. Recently one of my friends suggested a trading tool named SmartBotCoin.
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
Hi scottii, thanks for your great question. I think bot trade will help us a lot on trading. When we normally trade, we will be more prone to psychology and cut the profit / loss soon and not earn profit. So bot can help us to control it, and finish our target.
But before you using any bot, you need to check if that bot working good, and it not scam like request you to give it Withdraw API. Trading bot is good, but not all of them. If you need a good trading bot in Binance and Huobi, I suggest Coinmatic.
It definitely looks good since it has a leaderboard in where we can copy the successful ones which can help us that are still noobies in trading. It's still a bit new but worth giving a try.
I can vouch on this. Especially if you're a person who really can't trust his instincts when it comes to investments. If this kind of thing continues to develop, the risks will continue to be lessened as well. Though for newbies, I would still recommend them to do their own research and still ask for advice.
I think that in the crypto industry you should not trust third-party developers. Moreover, this program can very easily manage your finances.
It really depends on how the traders are building strategies while trading. It depends on the taste of trader whether they are technical traders or fundamental and according to my experience if a bot or tool says that they can outperform the market, you need to stay away from that. No one can outperform the market in the long term, and yes trading tools can help build strategies to make informed decisions. Recently one of my friends suggested a trading tool named SmartBotCoin.
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
Even a trading bots need a good set to make profit because in crypro trading you need tobe familiar in the flow of the market if you want to gain profit usinga trading bots is good if you know how to set a good strategy.
with use of work on customs of past terms of entrance with evaluation trader gives of reference on defining limit on exchange as expecting use of offers on commitment as attaining table of market with the bitcoin field of business of the finance.
I don't believe in all these bots, they show you fake volumes that are not real and so I see it as a way to defraud people and not generate any profit. I will rather stay very far away from them
maybe it is true what you are saying but all of these systems must have weaknesses and in my opinion there must be a way to improve everything and the more developed it will certainly be better hero member
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As long as the owner of the bots makes the right setting for the bot, I think the bots can generate profits. But if the owner is confused with the market situations, that will prevent the bots from making a profit. Everything needs to be set up before the bots can run properly, and it's not easy to set it while we don't know what is going on in the market. I still prefer to use manual trading because that will help us to improve our skills so we can face any situations that might occur in the market.
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