Is it safe to use Telegram bot for trading ? - page 2.

Pandji02

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Quote from: Claymore2 on March 15, 2024, 11:02:13 PM

I wouldn't recommend relying on Telegram bots for crypto trading. If they were truly effective, they wouldn't be selling their services. Following their advice could lead to losses. From what I've seen, Bubblebot doesn't seem trustworthy based on their website and social media. It's essential to be cautious and do your research before trusting any trading service.

True, trading on any social media sounds weird and dangerous, I wouldn't even try it. There are no guaranties at all, it's even safer to buy and keep your coins on an exchange.

Volimack

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Better to do your own research before trading telegram bots tend to be scams. The number of hackers in telegram is high so you have to be careful about your own security. Your own research from crypto bots allows you to fully automate the trading process and make it more reliable safe and efficient in terms of income and at the moment of market promotion.

Claymore2

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I wouldn't recommend relying on Telegram bots for crypto trading. If they were truly effective, they wouldn't be selling their services. Following their advice could lead to losses. From what I've seen, Bubblebot doesn't seem trustworthy based on their website and social media. It's essential to be cautious and do your research before trusting any trading service.

Dr.Bitcoin_Strange

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You want to start trading? Learn the basics of trading, get yourself engaged in every helpful article and material that can help you learn how to start trading, but never believe in any telegram bot claiming to teach you how to trade or even any telegram channel that offers free or paid signals.

If you want to start spot trading, which is one of the simplest forms of trading, all you need to do is always be researching new and old projects, get updated with the success and new developments of projects, and learn about the volatility level of a coin before investing. Spot trading is when you buy at a low price and sell when the price of the coin has appreciated above your buy price. It is less risky compared to futures trading, so don't trust telegram bots for trading help.

batang_bitcoin

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Quote from: Cryptoarmy36522 on March 15, 2024, 07:15:49 AM

what you guys think is it safe to use the telegram bot or not also investing in the bubble bot and holding their token for revenue sharing is worth it or not?

Both are a big NO for me.
I wouldn't use a trading bot in telegram because it doesn't look good for me and if I want to use any of them, I'll choose the ones that are reputable and have been trusted by the community for so long like gunbot or cat. But with anything that's inside telegram, a no for me.
And with that bot you've mentioned, I guess that I always see you guys make threads for discussion so that you'll give the kind of exposure you need to let people know its existence.

goaldigger

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Bot is fine as long as you know how to use it, and it’s better if you only use trusted Bot provider and I think telegram bot is risky. There’s a lot of big site for Bot users though be mindful with their fees since this is not free at all. Traders who are using bot should understand the risk of it and know that it is still you who will set-up your trading strategies so it’s important that you should also know how the indicators work.

kentrolla

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Don't go for it and not only this particular not but any bot but any bot out there inthe market they are not accurate and moreover there are lot of scams taking plan in these cases. Just imagine they could earn millions of their bot is as accurate as they claims to be then why would they sell it for some dollars? Moreover the telegram has become the birthplace for any scams it's filled with shady pages and scams. Just avoid it.

Ben Barubal

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Quote from: Cryptoarmy36522 on March 15, 2024, 07:15:49 AM

hello everyone in the last 2 3 weeks i noticed a project name bubble bot claims to offers fast safe and efficient trading like spot trading leverage future trading but i am curious about the safety when i dig into this i found another projects like this unibot , Banana gun who also offers trading inside the telegram bot and they are already make a good position in market and the users who join the bot earlier get really amazing perks so what you guys think is it safe to use the telegram bot or not also investing in the bubble bot and holding their token for revenue sharing is worth it or not?

Website: https://bubblebot.finance/

When you do that, it's like you gave a lot of money to a beggar who you don't know is just pretending. Almost all trading bots on Telegram are just scams. So, if I were you,
don't put anything from the telegram, and you won't win there, believe me.

There are many victims of such styles. Don't allow your laziness to do research before you take out money just for an investment type that will only destroy your capital.

Sophokles

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Why does someone need to use a telegram bot to trade when we have lots of cex and dex in the market with high liquidity. Telegram bot is a social media platform, and its trading functionality is limited. I also i don't think telegram bot is safe for high volume transactions. That bot is just an account that will hold the user's funds, and there is no way to audit it so the risk is so high and in addition, you won't get many extra benefits compared to the traditional cex and dex trading platforms.

Belarge

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Quote from: Mate2237 on March 15, 2024, 11:35:41 AM

It was today that I came to discover that telegram has a wallet bot where one can use to buy and sell and the buying is easy because there are ads in the buy side but the sell p2p has no ads so there is no way to sell it buy if you deposit. And when I saw the bot I was surprised and I will not advise someone to use that bot because I take that app as a scammers' den. Look at the wallet in telegram.

But if you want to try it. You can but use small funds and not big funds.

Substantial funds are important for the space, atleast it fuels the incoming and outgoing trades. It's very simple to know the real matter of the system, enter good entries on the market, and tape out the differences. Telegram bots are necessary and are innovated for traders that have the main goal of interfering with crypto. It's very basic to move according to guides, it's ultimate for traders to be ruled with principles. Telegram is a good site for trading, it's very profitable for traders that knows exactly how to cope with their main jobs.

leonair

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Quote from: Cryptoarmy36522 on March 15, 2024, 07:15:49 AM

hello everyone in the last 2 3 weeks i noticed a project name bubble bot claims to offers fast safe and efficient trading like spot trading leverage future trading but i am curious about the safety when i dig into this i found another projects like this unibot , Banana gun who also offers trading inside the telegram bot and they are already make a good position in market and the users who join the bot earlier get really amazing perks so what you guys think is it safe to use the telegram bot or not also investing in the bubble bot and holding their token for revenue sharing is worth it or not?

Website: https://bubblebot.finance/

Why should you use Telegram bots for trading when there are so many reputable centralized and decentralized exchanges available? I have no prior experience using Telegram trading bot so I have no experience with it. I prefer CEX for spot trading and use it regularly. so I can't advise anyone to use Telegram bot without knowing that about well. so i am sorry for that. everyone can research themself if they want to use trading bot.

electronicash

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Quote from: Mate2237 on March 15, 2024, 11:35:41 AM

It was today that I came to discover that telegram has a wallet bot where one can use to buy and sell and the buying is easy because there are ads in the buy side but the sell p2p has no ads so there is no way to sell it buy if you deposit. And when I saw the bot I was surprised and I will not advise someone to use that bot because I take that app as a scammers' den. Look at the wallet in telegram.

But if you want to try it. You can but use small funds and not big funds.

anyone in the telegram already have wallets they didn't realized it yet. but once they use the bots, it will show them the wallets they own. there are several projects in telegram about trading i'm just not sure which to trust either. but i'm more confident if the project is related to TON network because telegram is their own.

the reason i think he wanted to try out that bubblebot is the perks for getting into it earlier and bubblebot hasn't launched yet.

Mate2237

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It was today that I came to discover that telegram has a wallet bot where one can use to buy and sell and the buying is easy because there are ads in the buy side but the sell p2p has no ads so there is no way to sell it buy if you deposit. And when I saw the bot I was surprised and I will not advise someone to use that bot because I take that app as a scammers' den. Look at the wallet in telegram.

But if you want to try it. You can but use small funds and not big funds.

Husires

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Bubble has an airdrop, which is not a good indicator. Their reliance on Telegram will add additional risks. The project is relatively new. The work map for the project needs more details, and there are better alternatives, so I do not recommend it.

Quote from: Tigerheart3026 on March 15, 2024, 09:01:27 AM

no, don't use such telegram bots for crypto trading, if their bots work properly so why they need to sell their service for 50$ or 100$, they can easily make millions of dollar,
if you will follow their telegram bots trading, i think you can face lose in trading, bubblebot is not looking worthy project considering their website and other social media platform.

Bots are software that helps you automate trading, but they do not guarantee you profits. They are accelerating and automating your trading activities so that you do not need to be connected to the Internet 24 hours a day. They do not guarantee you profits, but rather if your trading strategy is successful, you will achieve profits.

rat03gopoh

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1st, what can be expected by trading using Telegram? Amazing experience?
2nd, those exchanges has built a mobile version app that allows you to interactively manage trades as conveniently as possible anywhere at any time. And now someone is offering trading via telegram which is nothing more than command buttons. Isn't that a setback?

Ojima-ojo

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Quote from: dansus021 on March 15, 2024, 09:38:13 AM

I never know that telegram had a bot trading unless the bot to buy some token in decentralized exchange but still I don't recommended because they need to be top up and you don't have private key same with Cex but telegram bot can be missing at any given time without law.

Nowaday there a bunch of trading bot out there the Cex itself actually had one

That is true, instead of risking on a telegram bots which is high chance to be fraud, it will be better to choose from one of the bots that cex exchange offer's and for that it need to be from a verified source unlike on telegram where there is no way to verify those bots.

Secondly anything that requires you to pay a fees on telegram is a direct scam, and if they want to offer such service it should be on a trial basis and not real deal directly, so the ops need to be very careful with that also.

dansus021

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I never know that telegram had a bot trading unless the bot to buy some token in decentralized exchange but still I don't recommended because they need to be top up and you don't have private key same with Cex but telegram bot can be missing at any given time without law.

Nowaday there a bunch of trading bot out there the Cex itself actually had one

Coin_trader

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Quote from: Cryptoarmy36522 on March 15, 2024, 07:15:49 AM

hello everyone in the last 2 3 weeks i noticed a project name bubble bot claims to offers fast safe and efficient trading like spot trading leverage future trading but i am curious about the safety when i dig into this i found another projects like this unibot , Banana gun who also offers trading inside the telegram bot and they are already make a good position in market and the users who join the bot earlier get really amazing perks so what you guys think is it safe to use the telegram bot or not also investing in the bubble bot and holding their token for revenue sharing is worth it or not?

Website: https://bubblebot.finance/

Simple logic. Will you entrust your coin to a random project that is completely anonymous and invested few money on coding the bot compared to the current CEX that offers high liquidity and existing for a long time with license to operate?

I knew that trying new things especially the most convenient way of trading when you always hangout on telegram is enticing but you should remember that this bots can turn to scam any moment since they can always create a new one by copying the code and start another trading bot.

Be safe and don’t use random bot. Trade manually so that you have full control to your asset!

|MINER|

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Bots have no guarantees when it comes to trading. People who are good at trading never use trading bot. I don't use Bot myself. Trading should always be done with your own intelligence. Bot is a program and it is artificial. Trading based on this will never lead to anything good. You should master yourself in trading and apply your intelligence and then invest. Still it depends on one's personal opinion. There are many others who are making good profits using trading bots.

btc78

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Personally I just don’t trust telegram in general. There’s a lot of fishy content from telegram and most of the time, telegram is the place where scammers live off on. I also think telegram is very easy to access and hack so I’m quite concerned about the safety and security.

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