Topic: Make Money While You Sleep? Welcome To The World Of Crypto Trading Ai Bots (Read 1259 times)

So, according to this thread, if it's possible to make money while you fall asleep and have a good night sleep of 8 hours, then what about another 16 hours when we are awake? If I make a profit at night with the help of AI, then I would make a double profit at daytime.
Okay, trade with AI. The most interesting thing for me will be to look at versus of two AI. These people talk like no one loses in trading but in reality you profit because I lose and opposite. It's not only math behind trading, otherwise, it would be the easiest thing.

Common mistakes of noobs on where they do believe that easy money exist into this field where they do believe that bots can make them rich in no time without even realizing that reality doesnt work like that.

Even if you are knowledgeable into these things you cant still assure that you would able to get constant or sure profits but somewhat it is much better compared to those people who do just simply ran off their bot
without even knowing the basics or how things do work.

Make money while you sleep and do make the bot do its job? yes its possible but dont expect that results would be always positive.

I have been part of a trading bot team and I have sold a lot of it and I can tell you from inside that bots are not for newbies, it is for people who can make money using the trading bot because it requires a lot of technical and financial information. You have to both know about the technical stuff behind the bot like the language and other stuff and make sure you understand it completely as well and how it works, but you also need to know trading stuff like indicators macd, bollinger etc etc stuff so that you can use the bot to its full extent.

If you are a noob that doesn't know anything, you are 100% going to lose your money and there is no way you can profit unless you are super lucky since it is definitely not a thing that is destined to help you unless you know what you are doing.

You just think the same thing as me. I prefer to trade manually than trade by using BOT. The reason is that trading bot is nothing more than a machine that works based on our commands. Whatever it is, it still have to depend on our command. Therefore, learning how to trade manually is extremely important. I may take a look about it later, but now, I prefer to trade by myself.

How it will run? It needs those people who fully understand the market and you can set up the bot with your knowledge and skills in trading. If you don't have the knowledge you won't able to set up the bot and I guess you will end up nothing. Don't rely on bot trading because they just only the bot that will be monitoring the market while you are away from your computer to execute trading.

However, in short, this is not good for a newbie in trading it will not beneficial effect.

You can trade manually by your won and your study. There's no need to take advantage of the market.

Caption is nice to read and very attractive to get attention from much people. But truly I have some doubt about it. How it will run? May be it will run how we give input to it. Most importantly, will it work if the market gradually change the system without our monitoring?

If we are talking about automated trading bots, then we need to understand that this is primarily an algorithm. Which acts according to a certain kind of circumstances.

I had a friend who lost 5k dollars overnight only because he failed to set the bot up properly, wasn't bots problem because it was my friend who made a mistake, but unless you are a veteran they really don't worth it.

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection

If we are talking about automated trading bots, then we need to understand that this is primarily an algorithm. Which acts according to a certain kind of circumstances.
Many write such bots based on the analysis of the entire past life cycle of the crypto market.

Based on these data, a strategy is built for the bot for each market potential, however, the market is so dynamic and not predictable that most often these bots are able to show profit only for a short month or two.
Further, under a certain set of circumstances, the bot merges large amounts of money.

Can someone further explain this trading bot to me, I am trying to learn as much as I can and think that this is a part of the journey, what are the pros and cons of bot trading, is there a recommended bot? Thank you for the response.

I have been a big part of this world, been a user, been a seller, even tried to make my own. I can tell you that it is not worth it. Bots are sold for a lot of money (because they know that if they do monthly you won't use it on second month and if it is monthly it is a lot of money). And the only reason to spend that much money is if you are already a veteran trader that knows everything he needs to know and only make those kinds of investments for saving some time and making sure the bot runs exactly how he wants it to run. If you are a newbie, bots are useless and only a way to lose money.

I had a friend who lost 5k dollars overnight only because he failed to set the bot up properly, wasn't bots problem because it was my friend who made a mistake, but unless you are a veteran they really don't worth it.

Bot inc rypto has been around for many years now and trust me it is not all profitable specially in volatile market like crypto.

When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.

But is it too good to be true?

The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection

I see that the bots are not a new thing, they have been around for a while. Frankly, I never trust these bots, despite the way they work. I always prefer to work manually, it is safer and more reliable for me