Do you use crypto trading robots? | Bitcointalksearch.org

AakZaki

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Quote from: Ryu_Ar1 on December 13, 2022, 04:50:58 PM

This is what I first thought about when I was in crypto because when it was my first time in Crypto, of course there was a lot that I wanted to try, including trading and of course trading robots.
I have the thought that this is a very good option to do because I don't need to learn to analyze and have more understanding about trading because it has been represented by a trading robot like this.
Luckily I read more references and discouraged myself from being and relying on a trading robot because otherwise maybe I would be where I felt was a ridiculous choice I made.
The longer I've been here (bitcointalk) it turns out that indeed my choice was the right thing and of course I'm grateful because I didn't go wrong in the end and I agree with what @AakZaki said because trading is better to do alone without the help of things like this at least own satisfaction and there are several things that can be obtained in terms of experience.

When a beginner has been brainwashed by only using robots to make profits, then they will only use robots without wanting to learn more details about actual trading, technical analysis lessons are needed to make real trades. Using a robot is only a trade that actually only makes some profits at the beginning, but doesn't give good results in the long term. we also will never learn to become a trader with technical analysis and fundamental skills.
Therefore, balance the use of bots with manual trading, so you can know what the advantages and disadvantages of the two methods are.

Ryu_Ar1

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Quote from: milewilda on December 13, 2022, 04:22:01 PM

Quote from: AakZaki on December 13, 2022, 03:34:26 PM

Quote from: Ryu_Ar1 on December 12, 2022, 02:35:14 PM

snop-

trading robots are only a substitute when they cannot monitor. All trading should not be left up to the robot's decision. I also tend to trade short term or long term with manual analysis, because it's more fun than using robots.
there must be a balance between using robots as assistants in trading and manual trading as the main method of doing. Don't use bots that don't have positive recommendations and feedback, it'll just kill your money.

One of the most misconception specially with noobs about trading bots is that these things could really make them profit or make money which is really very wrong or cant really be true but there are indeed people
who do believe on this way, but eventually learn up on the time that they had faced up the reality. Trading robots are really just good for automating your trades when you are away from your pc or
any device which you could check out your trades.It is really just simply describing as some sort of aide on the time that you are away.The strategies would be applied or on the settings would be definitely
be still depending or according into your own preference which means that knowledge would really be that relevant most of the time.

This is what I first thought about when I was in crypto because when it was my first time in Crypto, of course there was a lot that I wanted to try, including trading and of course trading robots.
I have the thought that this is a very good option to do because I don't need to learn to analyze and have more understanding about trading because it has been represented by a trading robot like this.
Luckily I read more references and discouraged myself from being and relying on a trading robot because otherwise maybe I would be where I felt was a ridiculous choice I made.
The longer I've been here (bitcointalk) it turns out that indeed my choice was the right thing and of course I'm grateful because I didn't go wrong in the end and I agree with what @AakZaki said because trading is better to do alone without the help of things like this at least own satisfaction and there are several things that can be obtained in terms of experience.

milewilda

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Quote from: AakZaki on December 13, 2022, 03:34:26 PM

Quote from: Ryu_Ar1 on December 12, 2022, 02:35:14 PM

In this case, I actually prefer long-term investments to trading, but I have also done this several times and even though I am quite new to trading, I don't feel that using a robot in trading is a good thing to do.
We know that even though there are indeed some big exchanges like Binane that have trading robots in them, I think this is not a suitable guarantee.
It's better not to do things like that and it's better to learn properly than to use things like that. As for us, we still can't trade. I personally suggest choosing investments with a long term rather than forcing yourself to trade because regardless of anything, we also have to know the qualifications. yourself whether or not you can do it.

trading robots are only a substitute when they cannot monitor. All trading should not be left up to the robot's decision. I also tend to trade short term or long term with manual analysis, because it's more fun than using robots.
there must be a balance between using robots as assistants in trading and manual trading as the main method of doing. Don't use bots that don't have positive recommendations and feedback, it'll just kill your money.

One of the most misconception specially with noobs about trading bots is that these things could really make them profit or make money which is really very wrong or cant really be true but there are indeed people
who do believe on this way, but eventually learn up on the time that they had faced up the reality. Trading robots are really just good for automating your trades when you are away from your pc or
any device which you could check out your trades.It is really just simply describing as some sort of aide on the time that you are away.The strategies would be applied or on the settings would be definitely
be still depending or according into your own preference which means that knowledge would really be that relevant most of the time.

AakZaki

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Quote from: Ryu_Ar1 on December 12, 2022, 02:35:14 PM

In this case, I actually prefer long-term investments to trading, but I have also done this several times and even though I am quite new to trading, I don't feel that using a robot in trading is a good thing to do.
We know that even though there are indeed some big exchanges like Binane that have trading robots in them, I think this is not a suitable guarantee.
It's better not to do things like that and it's better to learn properly than to use things like that. As for us, we still can't trade. I personally suggest choosing investments with a long term rather than forcing yourself to trade because regardless of anything, we also have to know the qualifications. yourself whether or not you can do it.

trading robots are only a substitute when they cannot monitor. All trading should not be left up to the robot's decision. I also tend to trade short term or long term with manual analysis, because it's more fun than using robots.
there must be a balance between using robots as assistants in trading and manual trading as the main method of doing. Don't use bots that don't have positive recommendations and feedback, it'll just kill your money.

Insanity

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Quote from: GeorgeJohn on December 12, 2022, 04:22:26 PM

I think i have reacted in this issues before because i know that some people do not like making use of bolt because of it's way of trading, and besides bolt doesn't guarantee for mega profit daily, i believe that it's why some people decline not to be using bolt application for any thing they are doing right, but i had a friend who is using bolt application to run it's trading.

I think there are different types of people in the cryptocurrency market. They like different aspects of the job Even though they have experience, they can't put their experience to any use, so they have different types of mental breakdowns, so I think they have to be strong and not break down mentally.

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Quote from: GeorgeJohn on December 12, 2022, 04:22:26 PM

I think i have reacted in this issues before because i know that some people do not like making use of bolt because of it's way of trading, and besides bolt doesn't guarantee for mega profit daily, i believe that it's why some people decline not to be using bolt application for any thing they are doing right, but i had a friend who is using bolt application to run it's trading.

What is bolt application?
Perhaps that is bots or automated bots in trading.
For me, that is only an additional cost of trading but if you can afford why not --it sometimes helps us but it depends on us how we use the bots if you are relying upon this bot to gain profit, you are wrong, because these bots are just a tool in trading that can ct in behalf of you and without you, this bots will not work.

GeorgeJohn

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I think i have reacted in this issues before because i know that some people do not like making use of bolt because of it's way of trading, and besides bolt doesn't guarantee for mega profit daily, i believe that it's why some people decline not to be using bolt application for any thing they are doing right, but i had a friend who is using bolt application to run it's trading.

Ryu_Ar1

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In this case, I actually prefer long-term investments to trading, but I have also done this several times and even though I am quite new to trading, I don't feel that using a robot in trading is a good thing to do.
We know that even though there are indeed some big exchanges like Binane that have trading robots in them, I think this is not a suitable guarantee.
It's better not to do things like that and it's better to learn properly than to use things like that. As for us, we still can't trade. I personally suggest choosing investments with a long term rather than forcing yourself to trade because regardless of anything, we also have to know the qualifications. yourself whether or not you can do it.

Anguwa

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Quote from: Alisha-k on December 12, 2022, 12:26:53 PM

If it works well then enjoy your bots for me i rather stick to what i know and the confirmations i get from fellow traders. I find it difficult trusting on someones line of code that will always have bugs. Instead of bots i rather go with copy trading. Bots isn't for everyone it is never has profitable as claimed by traders who use them.

Bots follow instructions and codes that are given to them; since these have nothing to do with human sense and are unable to fully satisfy human needs, they are unable to determine when to stop trading and cash out and when not to. The market has no definite direction that anyone can set a target for, so using one's brain is necessary to prevent losses or preserve capital. According to me, using a crypto trading bot under the current market conditions could result in a total loss of capital.

Alisha-k

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If it works well then enjoy your bots for me i rather stick to what i know and the confirmations i get from fellow traders. I find it difficult trusting on someones line of code that will always have bugs. Instead of bots i rather go with copy trading. Bots isn't for everyone it is never has profitable as claimed by traders who use them.

xSkylarx

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Quote from: fifi0547 on September 29, 2022, 03:13:11 PM

I recently came across this site: https://robotscrypto.fr/. I wanted to know if you use crypto bots to help you in your trading?

This site has quite a few, and it seems to work well.

I would love to have your opinion on this thank you! And if you have any crypto trading bot platforms to suggest don't hesitate!

I don't trust bots doing trading, that is laziness and that could lead to losses. Mostly of the trader I've known they've always laugh at trading bots as they said that you are not using your brain in your every trade. Mostly those newbies that has just started their trading journey will be looking into this as they want to have a sort of passive income but trust me you will lose your money so it is better to do it manual since you can stop or cancel your trade anytime

Ahli38

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when talking about paid trading robots then I hope no one enters it. especially if the bot is less reliable.
if you want to try using a robot for free actually Binance has provided it. please check the grid button on binance.

and please note that the use of bots cannot be in any situation. because if the market movements are too wild. high volatility will risk making you lose more money. a trading bot is more effective in use in calm market situations (sideways). but still I don't recommend it. especially in the current market situation.

unless you are familiar with using it. then bots can also bring good results. so to use the bot even we need to learn it first.

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Quote from: akuntester1 on October 20, 2022, 04:38:39 AM

Quote from: LUCKMCFLY on October 16, 2022, 09:54:55 AM

Quote from: Issa56 on September 30, 2022, 05:53:21 PM

Quote from: melody82 on September 29, 2022, 07:47:43 PM

I wish it was so easy that I could just turn on a bot and make all the money. We can all dream right? For me I think the better strategy is probably just buy and hold. Other wise I am just chasing losses.

Most of those bots fails, if you really want to be a professional trader then you should just learn to do your analysis yourself, if trading bots are reay then I believe by now everybody will be using bot to trade because they will never lose money which I believe that's what everyone wants, most of those trading bots are fake which you will just end up losing money, so it's just better you take your time and learn about crypto trading before you invest your money and also invest the amount you can afford to lose. Also you can just buy your coin and hold just the way @melody82 said.

A brother-in-law called me and came to my house to ask me if it is true what a robot can do in trading, (crypto trading) he told me that the investment to obtain the bot is 170usd and that you can join BInance, and that the robot makes 3 to 5 trades a day, and that it can be earned as long as you have money in the account, but that one manages, let's say, the amount of money to risk, then according to him and a friend he has it and it is something that impressed me , he made me talk to his friend on the phone, but the friend really doesn't know much, so he didn't help me at all, so I came to the conclusion that he better invest his time in reading trading books so that he himself makes his trading decisions and who will apply everything he knows about trading, is much better than a robot.

I think it's true that some traders may be very helpful with the help of trading bots.
however for someone who is a complete beginner and has no experience at all in the world of trading.
I think should avoid using trading bots first, for beginners it is better to learn to understand trading and the market manually.
if at first we enter the world of trading using trading bots in my opinion it will make us untrained.
I prefer to trade manually and learn more with my friends who have already entered the world of trading.
I think there's a lot of new things to learn when trading manually and we're going to be exposed to the risks head-on.
because I think we will get profits automatically, if we already have the skills and experience in trading.

Well you are right, when a person wants to enter the trade and has no idea how to do it, I think that sometimes they look for ropbots so that they can operate for them, but I have experience that a brother-in-law told me that entering a bot, that he did everything, that you only had to pay 170usd and a capital yen in binance, I told him my reasons why I was not going to enter, and a little less than a week ago he came and told me that he did not enter either, but the people who they were in charge of that, they had to pay a lot of people close to $200k because they had lost too much money on it, so these things are dangerous.

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Quote from: Muba20 on November 22, 2022, 12:37:40 PM

Quote from: martyns on November 22, 2022, 12:42:09 AM

Quote from: LUCKMCFLY on November 20, 2022, 12:00:41 PM

Well, in another thread I said what had happened recently and it is that a bot that I don't remember the name of, was trading for 170USD and that the bot did all the commercial transactions in people, in fact it got into Binance and did everything, but the The person in charge of marketing this bot all went wrong, and he had to raise around 200,000USD to pay the debts to all the people who had trusted him for these techniques, so you have to be very careful about robots, because in any case Moetno things can get out of control, and I didn't have those 200,000 usd, so I had to sell houses, cars, farms, to be able to raise that money.

Bot trading is very bad for traders especially newbies. Trading with bot is really one good thing and also bad at the same time. Bot trading are meant for the whales not for people who are struggling to raise capital for trading, the bot loses some time but it's loss is mainly in big scale compared to when one can lose a trading position within his or her leverage. I don't fully go into bot trading, I depend on TA and FA inother to study the down and up candlestick.

Cryptocurrencies can also be traded through bots. Whereas bots are able to do the work instantly which a trader would take time to do manually. However, using bots has advantages as well as disadvantages. I personally don't want to use bots. If the bot is good there is no problem but if it is a trap of scammers it is a big problem. If one wishes to use it keeping security in mind then there is no difficulty using the bot.

Bots are for automation nothingless, it is really just there are people who do have misconceptions that trading bots could really make them profitable which is really a very wrong mindset to have.
It is really indeed just for the use on automating your trades and of course it would really be needing for the user to set it up according into his own analysis which means that you would
need to alter it out so that it would follow on what you had instructed.If you are a noob who doesnt even know on how to trade then you cant really just make use of these bots.
There might be some already been set up but since you arent that much knowledgeable then it would be pointless.

Muba20

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Quote from: martyns on November 22, 2022, 12:42:09 AM

Quote from: LUCKMCFLY on November 20, 2022, 12:00:41 PM

Well, in another thread I said what had happened recently and it is that a bot that I don't remember the name of, was trading for 170USD and that the bot did all the commercial transactions in people, in fact it got into Binance and did everything, but the The person in charge of marketing this bot all went wrong, and he had to raise around 200,000USD to pay the debts to all the people who had trusted him for these techniques, so you have to be very careful about robots, because in any case Moetno things can get out of control, and I didn't have those 200,000 usd, so I had to sell houses, cars, farms, to be able to raise that money.

Bot trading is very bad for traders especially newbies. Trading with bot is really one good thing and also bad at the same time. Bot trading are meant for the whales not for people who are struggling to raise capital for trading, the bot loses some time but it's loss is mainly in big scale compared to when one can lose a trading position within his or her leverage. I don't fully go into bot trading, I depend on TA and FA inother to study the down and up candlestick.

Cryptocurrencies can also be traded through bots. Whereas bots are able to do the work instantly which a trader would take time to do manually. However, using bots has advantages as well as disadvantages. I personally don't want to use bots. If the bot is good there is no problem but if it is a trap of scammers it is a big problem. If one wishes to use it keeping security in mind then there is no difficulty using the bot.

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Quote from: LUCKMCFLY on November 20, 2022, 12:00:41 PM

Well, in another thread I said what had happened recently and it is that a bot that I don't remember the name of, was trading for 170USD and that the bot did all the commercial transactions in people, in fact it got into Binance and did everything, but the The person in charge of marketing this bot all went wrong, and he had to raise around 200,000USD to pay the debts to all the people who had trusted him for these techniques, so you have to be very careful about robots, because in any case Moetno things can get out of control, and I didn't have those 200,000 usd, so I had to sell houses, cars, farms, to be able to raise that money.

Bot trading is very bad for traders especially newbies. Trading with bot is really one good thing and also bad at the same time. Bot trading are meant for the whales not for people who are struggling to raise capital for trading, the bot loses some time but it's loss is mainly in big scale compared to when one can lose a trading position within his or her leverage. I don't fully go into bot trading, I depend on TA and FA inother to study the down and up candlestick.

LUCKMCFLY

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Quote from: Sterbens on November 06, 2022, 01:16:27 PM

Quote from: ChiNgadOr on November 04, 2022, 07:59:06 PM

Quote from: fifi0547 on September 29, 2022, 03:13:11 PM

I recently came across this site: https://robotscrypto.fr/. I wanted to know if you use crypto bots to help you in your trading?

This site has quite a few, and it seems to work well.

I would love to have your opinion on this thank you! And if you have any crypto trading bot platforms to suggest don't hesitate!

Crypto trading bot can really make a good sense when the market is very volatile and it make one to make fast profits from trading than using ordinary the analog method of positioning a trade by ourselves. There are advance ways we can get to trade coins especially hundreds of coins in the market by doing that with the help if a bot that will keep executing trades for us without much stress. This method can be very effective depending on the type of market we are trading on.

Now many offer trading with robots, but what can we expect from it? just profit, right? I prefer what I generate from my own analysis rather than having to rely on robots which if we look at trading with robots also does not guarantee a high success rate. I personally don't expect much more than what they offer with trading robots. And also we rely on that, when are we going to advance? I mean when our knowledge will increase, because by using trading robots we will definitely be more lazy to analyze the market directly.

Well, in another thread I said what had happened recently and it is that a bot that I don't remember the name of, was trading for 170USD and that the bot did all the commercial transactions in people, in fact it got into Binance and did everything, but the The person in charge of marketing this bot all went wrong, and he had to raise around 200,000USD to pay the debts to all the people who had trusted him for these techniques, so you have to be very careful about robots, because in any case Moetno things can get out of control, and I didn't have those 200,000 usd, so I had to sell houses, cars, farms, to be able to raise that money.

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Quote from: ChiNgadOr on November 04, 2022, 07:59:06 PM

Quote from: fifi0547 on September 29, 2022, 03:13:11 PM

I recently came across this site: https://robotscrypto.fr/. I wanted to know if you use crypto bots to help you in your trading?

This site has quite a few, and it seems to work well.

I would love to have your opinion on this thank you! And if you have any crypto trading bot platforms to suggest don't hesitate!

Crypto trading bot can really make a good sense when the market is very volatile and it make one to make fast profits from trading than using ordinary the analog method of positioning a trade by ourselves. There are advance ways we can get to trade coins especially hundreds of coins in the market by doing that with the help if a bot that will keep executing trades for us without much stress. This method can be very effective depending on the type of market we are trading on.

Now many offer trading with robots, but what can we expect from it? just profit, right? I prefer what I generate from my own analysis rather than having to rely on robots which if we look at trading with robots also does not guarantee a high success rate. I personally don't expect much more than what they offer with trading robots. And also we rely on that, when are we going to advance? I mean when our knowledge will increase, because by using trading robots we will definitely be more lazy to analyze the market directly.

LUCKMCFLY

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Quote from: South Park on October 21, 2022, 05:06:05 PM

Quote from: Bhig Daddy on October 21, 2022, 04:30:03 AM

Robotic trading is something I dislike. Despite the fact that some cryptocurrency traders use it. There are only trials, but there are also desires to succeed commercially.
Some of my pals who have tried trading with bots appear to no longer do so. possibly because the outcomes are unsatisfactory. nevertheless, I'm not familiar with the trading bot the OP is referring to.

But why do you dislike them? Bots at the end of the day are just a piece of code that people are using to give themselves an edge over the rest of the market participants, which if you really think about it is something that everyone is doing, no one is graphing the markets by hand anymore, something which was done before the advent of computers, no one is calculating their own indicators by hand either or are on the floor trying to buy stocks directly from another person, we all use technology, so it makes sense some found a way to reproduce their trading strategy in the form of a bot.

I do not particularly like robots because they are focused only on technical analysis and only with that you cannot trade, it would be crazy, in my case I would trust more in what I think and in my decisions that are based on reasons and not on algorithms of technical analysis with multiple indicator tools, which is not bad, but it does not think, unless you have an AI that can go through any event and make decisions according to what it has read in information and trends, that would be a great tool, and that I can do high-frequency trading, because I know I would be on another level and that would make the difference with respect to everything.

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Quote from: fifi0547 on September 29, 2022, 03:13:11 PM

I recently came across this site: https://robotscrypto.fr/. I wanted to know if you use crypto bots to help you in your trading?

This site has quite a few, and it seems to work well.

I would love to have your opinion on this thank you! And if you have any crypto trading bot platforms to suggest don't hesitate!

Crypto trading bot can really make a good sense when the market is very volatile and it make one to make fast profits from trading than using ordinary the analog method of positioning a trade by ourselves. There are advance ways we can get to trade coins especially hundreds of coins in the market by doing that with the help if a bot that will keep executing trades for us without much stress. This method can be very effective depending on the type of market we are trading on.

Topic: Do you use crypto trading robots? (Read 1060 times)