Is it safe to use Telegram bot for trading ?

Kristiyana

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Quote from: arjunmujay on March 20, 2024, 10:10:54 PM

Trading using bots is not recommended. Indeed, there are some who use bots because they are lighter because they use APIs from the exchange market. but I think the art of trading itself will be lost if you use bots.
Not to mention that you won't be able to directly monitor the price movements of the coins you buy. remember that time in the world of trading is very important.

Well I start crypto journey on telegram, by mining those telegram bot that always reward users for visiting a site. the mining bot was free of charge, I was mining litecoin, dogecoin, zcash, bitcoin cash, at first I was thinking that the bot is scam not until I succeeded in making withdrawal that is when I believe that some telegram bot are genuine.I would confessed that I really profited from those telegram bot,is obvious that most of this telegram bot is scam,in this case one need to be careful mostly when investing in most of this telegram bot, to find a legit telegram bot is very rare due to the rate of scammers who are currently operating in telegram.

Bureau

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What is the use of a telegram bot that you do not trust and have no knowledge of? There are so many bots available in telegram and most of them charge for using them. Why pay the money when you have CEXs that are offering trading bots for free and they are from trusted exchanges? A trading bot won't do any miracles and you still will need to apply your strategies to make it work. It is not that these bots have the ability to decide when to buy and when to sell you would need to give those commands. I think it is better to ignore such bots in the future as they are no longer required.

arjunmujay

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Trading using bots is not recommended. Indeed, there are some who use bots because they are lighter because they use APIs from the exchange market. but I think the art of trading itself will be lost if you use bots.
Not to mention that you won't be able to directly monitor the price movements of the coins you buy. remember that time in the world of trading is very important.

Wexnident

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If it's not open source or not from a trusted big company, I don't trust any bots. Telegram is known to be a hole filled with scammers so I generally wouldn't trust anything you'd find there till proven otherwise. If you have the spare money to test it out, then yea sure go ahead. If not then don't even bother really, just go on your way. If you really wanted a bot then hire someone to help you develop it. Might cost more but at least it's made specifically for your specifications.

I'm a dev myself so whenever I need one I just make one tbf so I'm pretty lucky with that.

Makus

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Quote from: btc78 on March 15, 2024, 10:12:59 AM

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.

Indeed over the years, I have seen so many scammers coming from telegram though it's not for crypto related but I believe lots of scammer are using that service. I'm not saying there are not legit businesses conducted on telegram, but all I'm saying is, scammer find it very easy to use the service In running their mischiefs. So op you have to be careful with your decision in using a telegram bot for trading. all risk are on you, but majority of person will also suggest the same thing, so just quit your idea of using telegram that way.

shawonngp

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Quote from: Y3shot on March 16, 2024, 12:42:53 PM

Quote from: Volimack on March 16, 2024, 02:10:10 AM

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.

You are very correct. One needs to be very careful having things to do with telegram. Their are lots of scammers in telegram disguising to be genuine. Most newbies always think telegram is a place where thing can be easy for them because of the trading channels telegram trading bot but I can guarantee you that a lot of this one telegram are scam which one needs to be very careful with.

Most things on telegram seem scam to me, as like so called VIP signal trading groups, i mean it's very rare to get something legit from telegram groups, because it's full of scammers in telegram now. Bot trading is dangerous because it's created by programming, so it will never execute a successful trade, bot trading is just wasting of money.

Miles2006

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Quote from: Cryptoarmy36522 on March 15, 2024, 08:15:49 AM

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?

Why do you derive joy trading with bot or it shows beginners love the fast game, I don't buy the idea using bot to trade talkless of a telegram bot, you can actually learn and be perfect with different trading skills. Talking about these tokens I don't think it's a wise idea holding bot tokens, how far has the community gone before wanting to hold the coin.
I will advice you stay away from bot when trading, anything that has to do with telegram and crypto should be avoided.

Oneandpure

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be careful with the OP bot telegram recommended for trading exactly with coins on Solana network, I don't know well with the OP bot trading telegram recommended because its first his post and come here to advertising his product.
I heard with bot telegram channel for trading to make order buy or sell most faster than using raydium or other dapp solana exchange but is not bot recommended by OP.
I think bad ideas when come here and make the first post recommended about bot telegram trading, better looking the other or more popular bot telegram trading than recommended by OP and we can't trust him not only as newbie account but also its the first his post and braveness for recommending with the bot telegram trading.

Ben Barubal

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Quote from: Volimack on March 16, 2024, 02:10:10 AM

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.

That's exactly what should be done, because if a newbie in the crypto space doesn't do that, the capital that they will use in crypto investment will definitely end up in a bad place. And it is even worse to use our capital on something that we know will not grow our capital in the end.

And since the trading bot on Telegram is not a good place, we should avoid it because it has been proven and tested that this telegram is really a nest or place for hackers or scammers, so be careful and avoid it.

Bushdark

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Quote from: Cryptoarmy36522 on March 15, 2024, 08:15:49 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/

This is very surprising to me because like we all know that telegram is not an exchange but only a social media where many big companies do create accounts for there communities. I think we need for wise and smart at the same time.
That could be a fake review just to lure potential investors to check it out and the result at first might look a good one but the later effect might be discouraging. What I know is that most traders do use telegram for signals but not for the actual trading, we need to be wise.

dansus021

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Quote from: Ojima-ojo on March 15, 2024, 11:01:47 AM

Quote from: dansus021 on March 15, 2024, 10:38:13 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.

Sometimes bot telegram is to good to be true hahahaha. I mean trading bot it maybe a new think on telegram I hear the biggest API trading 3Commas is hacked by hacker and play with dozen of people account I do believe this kind of attract can be happen on telegram too.

so if the OP really want to trade in telegram that is totally fine but I would suggest to do your own research first and do with your own risk unless you are a DEGEN

justdimin

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Quote from: Cryptoarmy36522 on March 15, 2024, 08:15:49 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?

I don't recommend using such services. If you have enough time, you should learn to trade yourself and then make your trades manually instead of relying on bots and other third-party services, don't even join signal groups because they aren't reliable as well. And, if you think you don't have time for this, I would suggest you invest your money somewhere else, maybe don't trade and just buy and hold certain cryptocurrencies such as Bitcoin and ETH.

People that don't have time to learn trading shouldn't get into it because trading would require a lot of time from you not just when you are learning but also when you are trading because you will need to read charts, apply indicators, analyse the market, and predict potential ups and downs.

Y3shot

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Quote from: Volimack on March 16, 2024, 02:10:10 AM

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.

You are very correct. One needs to be very careful having things to do with telegram. Their are lots of scammers in telegram disguising to be genuine. Most newbies always think telegram is a place where thing can be easy for them because of the trading channels telegram trading bot but I can guarantee you that a lot of this one telegram are scam which one needs to be very careful with.

2Pizza410000BTC

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Quote from: Cryptoarmy36522 on March 15, 2024, 08:15:49 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/

I don't see any reason to use Telegram bot for crypto trading. I have never used a crypto trading bot for trading. Self analysis is always the most important thing for trading. If bot trading on trading platforms was so successful then people would always trade massively on trading platforms and earn millions of dollars. There are many risks due to which many trading platforms are used and everyone trades using their own. I don't think it's worth holding their tokens for bubble bots and revenue sharing.

husencoe

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Working with bots may seem like a great idea to you because you have a greater chance of winning, but in reality that not be happend. Do you trust your luck with a bot that you don't even know the logic of the process it goes through? Especially telegram bots that are not verified, of course this is more dangerous. Are they willing to provide compensation if the analysis is wrong? I think there is no such agreement. Stop depending and using other people for trading. Learn for yourself and do it yourself. Use a demo account to learn so you understand how it works. Don't believe in promises and sweet hopes if you don't want to lose your money. Or if you are lazy about studying, just invest in Bitcoin and ETH, and it's all done.

Dailyscript

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In my opinion dont use any telegram bot for trading. It is not a good idea. The signals given there are for scam coins once they release a buy order, if you end up buying waiting for the price to pump and when it does you wont be able to say again to take your profit.

The owners of this channel are professional scammers using a celebrity account on instagram claiming a professional and successful trader account on instagram. They send random messages to instagram users which is one of the reason instagram restricted some cryptocurrency account. If you want your money safe avoid telegram bots and channels. Also avoid pm from strangers who claim they are bla bla.

BarryBoos

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I am a pretty big fan of Telegram in general.

You could develop a bot by and for yourself that broadcasts new coin launches in your private channel and enable you to act quickly on early-investment trending tokens for example

Other than that, I wouldn't other peoples bots

Pandji02

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Quote from: Claymore2 on March 16, 2024, 12:02:13 AM

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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Go after the goal... Go!!! It is worth getting!

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, 08:15:49 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, 08:15:49 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, 12:35:41 PM

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, 08:15:49 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, 12:35:41 PM

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, 10:01:27 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, 10:38:13 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, 08:15:49 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.

Tigerheart3026

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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.

Cryptoarmy36522

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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/

Topic: Is it safe to use Telegram bot for trading ? (Read 255 times)