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Topic: Do crypto trading bots really generate profits? - page 9. (Read 3176 times)

sr. member
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
I have never used smartbotcoin before but I have used plenty of trading bots in my time at crypto and they do sometimes generate really good profits. But as you know crypto is an extremely volatile market and because of that loss is also expected sometimes.
member
Activity: 532
Merit: 10
is there a trading bot that can give us consistent profit?
unfortunately no one can guarantee this, so it's better not to use a bot. just by analysis, this is better than believing in bots. for the long term using a bot, it's very risky, I really don't recommend this.
legendary
Activity: 3108
Merit: 1029
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?
Use only a reputable bot trading remember about it's a big risk decision consider the creator can even put the backdoor and the hacked case caused by that reason already happened once time with the binance traders. Use gunbot or something else that already got a lot of reviews.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
I'm not sure what the reputation for Smartcoin bot has but as far as I know, there's no Smartcoin bot in the forum announcing or anything. The last thread that could be remotely near to the name is this thread but looking at the website, it's not that familiar too.

What I use is Gunbot, and I'm a reseller of it too. So if you are interested, I could help you out and just pm me and you could check my website. https://gunbot.ph

Anyway, it has been helpful to me, especially the part where my bot is just continuously trading for me and the latest product created by Gunthar, BitRage it has been a really good software and profiting now. The release is quite near.

Bots would assist you with your trading, not make magic for you and earn instantly. You need good settings too.
full member
Activity: 826
Merit: 104
I don't know but it seems the bot does very well to invite traders to join. For me as a trader, I would not trade money without a number of transactions, although as bots, but the number of transactions is high, which makes the currency valuable.
member
Activity: 476
Merit: 12
I am not believe that we are having a good income because all we know that using digital device specially in trading activity is not accurate. I think it is more advisable to do it o n your self and have your own strategy to earn good in trading business.  For me I will choose the old style of trading because I'm already comfortable with this.
full member
Activity: 276
Merit: 100
I already used the profittrailer bot, if you doens't got a nice settings it can generate a huge loss for your side, luck is a good factor to consider as well...
member
Activity: 812
Merit: 11
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 think trading bots will not help much in our trading. This has happened in many markets such as forex and others. Trading bots only apply to markets that move sideways and cannot read sharp price movements
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
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 don't know about the one you've mentioned but a real trading bot would be very helpful tool to a day traders. It's not that a trading bot is a money making machine as it still has to be manually set and decisions are to be made by the trader him/herself.
With the integration through API in different exchange, it facilitates the trading by finding the best price as executing it according to the rule set by the trader.
full member
Activity: 1189
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
If bot not generates profits, of course people will leave it, but bot do, it generate profits to traders and i think so many traders using it. But bot is expensive, for people like me i prefer to choose coin to hold long term than buy bot. Because my trading skill is bad also i dont have much money to buy bot, so the solution is buy the coins and hold it, we can do it without bot
sr. member
Activity: 1183
Merit: 251
It's worth to try and i will try to suggest you search the bitcointalk gunbot thread and there was a lot of testimony from the users and they have already submitted their own proof to and it's working perfectly when you know how to use it.
sr. member
Activity: 2618
Merit: 439
If crypto bots can make us successful in trading then we can be a millionaire by now,so the reality of using the trading bots is to minimize our efforts but doesn't mean that it will make us 100% success on all trades.
Of course there's no such thing as guaranteed success here and not even in other markets. But regarding bots, I would definitely stay away from them, unless you are really that experts and you know what parameters are best suited to make profits overtime.
member
Activity: 574
Merit: 10
Gistcoin
It is something usually used by several traders in order to help them when they are trading, for more effective time and trading activities. The trading bots are commonly designed with advanced technology, smart system, and also up-yo-date. However, personally, I never use it because it is commonly used by the big traders.
full member
Activity: 1330
Merit: 147
I never use trading in my trade actually, because there is a lot of information that stated trading bot is scam you have to avoid it. Based on that I never use it and trt to avoid as long as I can, maybe because I'm not a day trader so I never focus to find more about trading strategy a some tolls which can make all my trade got profit.

In your case, it will be good if you try it first with the little amount. Never use a huge amount when you use other people tool to gain money. Most likely you will be scammed by them if you are not careful. For myself this forum has became a refference with what everything I do, I never use something if there is someone who got scammed from it and I'll use it if there is no someone who have a bad experience when use something.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
I trade manually and haven't used any single trading bot. But with those reviews that I've heard with some people about a certain bot, they are happy using automating their trades through their preferred bots.

The strategy on how you buy and sell by putting a limit will still depend on how good you are. Your profits determine those factors so asking the profitability and worth of that bot depends on how you use it.
newbie
Activity: 11
Merit: 0
Yes i agreed i 'm still a newbie to crypto trading and cannot monitor the market 24/7 since i'm holding a day job so  smartbotcoin sound like a perfect tool for me .
newbie
Activity: 1
Merit: 10
Using bots results in over trading.  Sometimes less is more.   Wink
legendary
Activity: 2940
Merit: 1083
Do you think it's worth trading on this tool?

Like you said, a TOOL.

What does a certain tool do? To help people makes life easier. In trading, bots will do the work for you in terms of execution of your orders.

Even while you sleep, away from the desk, currently on other chores; it will follow your command. Therefore, a profit will still depend on how the markets behave.
sr. member
Activity: 1193
Merit: 251
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 am not familiar specifically with the tool that you have set as an example.But in General I can say that bots for trading is a very convenient tool.The only drawback is that his it is constantly necessary to reconfigure based on the market situation.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
Crypto trading bots have made milllions for other experinced crypto enthusiasts in their crypto trading activities. It can also do same for absolutely anyone but it depends mainly on how strategically the bot is set up to run. If it is properly geared up it can surely make you some huge profits.
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