Newbie in crypto trading, whelp! Bot or human? - page 2.

Koro-Sensei

full member

Activity: 658

Merit: 103

Quote from: Pipshunter on April 16, 2018, 10:14:51 PM

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!

Bots to trade? I think human mind is still advance than bots and the chance you'll succed in using bot are almost nothing why? Then who would share their bot to others if they can get it theirselves unless it fails or malfunctions sometimes or often there are no guarantees that you will gain money with using a bot. The creator must be laughing right now.

Ekenegbu123

newbie

Activity: 154

Merit: 0

I wouldn't advice you to use bots in this trade. I have a friend that have used a couple of bots and have lost money tremendously in this bear market. Get the main knowledge you need in this industry and it would be better to make a long term investment than day trading. If you want to day trade, you must find someone very successful with it and learn from him/her

Sadlife

sr. member

Activity: 1400

Merit: 269

Why did you trade without researching first how to trade ? dont invest your money in things you dont know because you will surely loss money lots of em if you dont have any any idea and strategy. The first thing you should have done was learning basic indicators like moving average(macd), rsi, candle pattern and the basics of how to and when to buy and sell.

SarahReay

newbie

Activity: 2

Merit: 0

I think you should find a team or make your own team, each member in the team can help the others and then it will be easier to trade

enawati

full member

Activity: 574

Merit: 102

https://adonx.one

In bearish market is very hard to make profit from crypto trading, so when we have prediction the price will keep bearish , for the better quit trading on the exchange and move the money in to other trading platform that give profit from short potition like Bitmex, and trade here is not need to use high leverage, use leverage between 1 to 5 is better and more safe for beginner. For trading i never use any bot, and i think much better trade by manual and by own strategy.

webdevmastery

full member

Activity: 434

Merit: 100

Quote from: Pipshunter on April 16, 2018, 10:14:51 PM

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!

In my own opinion, the best way for you to earn profit and to learn is through your experience because in this way you will be able to determine on what steps you are going to take in order to become wealthy in this industry.

cryptoalfs76

full member

Activity: 406

Merit: 100

▰▰▰ MODULE ▰▰

Quote from: Pipshunter on April 16, 2018, 10:14:51 PM

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!

Will thats life,sometimes we can gain a good profit sometimes are not,because thats the scenario now of cryptocurrency investment,especially in this situation now of bearish market,actualy you dont need a crypto hero,because at the first place we know crypto investment is risky and volatile and we know the consequence ,before we participate into this kind of investment,otherwise we dont give up,stay strong and stay positive,someday all your loosing turn into profits,and can fly you to the moon.

Pipshunter

sr. member

Activity: 700

Merit: 252

Quote from: ghost14k on July 13, 2018, 04:10:52 AM

Losing money in trading means your actually learning but losing money consistently means that your strategy is not working. You need to read more then seek out expert traders on twitter. There are many of them you can easily follow and make a nice move. But remember one thing, you can never beat the market always so its natural to lose at some point. Don't believe all you hear about bots they are just there to save you constant staying on PC.

yes , i did that too. the problems is every time i get into the tips they gave me the price already at the middle and when im sell the price are already below than where i buy.that forced me to hold for long run. if i get lucky the second wave of pump will come and get profit. if did not i will crying in the corne of my room. LOL

Pipshunter

sr. member

Activity: 700

Merit: 252

Quote from: cryptothief on April 18, 2018, 05:59:40 AM

I asked this question a few months back, was considering the Bot option too. The general consensus, and it persuaded me not to get involved, was that until you know what you are doing when you are trading, you should steer well clear of them. Bots will only make you money once you have the knowledge to set and adapt it to your preferred parameters, and you will only be able to do this once you have the trading skills to do so. I would suggest you learn as much as you can about the technical aspects of trading first, and then ease yourself in with an affordable amount. 'If' you want to consider a Bot again down the line, you will be better placed to reap the benefits. There are plenty of free trading courses available to get you started, some offering 'mock trading' to test out your theories. Here are a couple of links to YouTube resources that I used (and am currently using).

https://www.youtube.com/watch?v=halKeQPAFe0 (Chris Dunn has a tonne of decent beginner videos that are worth watching)

https://www.youtube.com/watch?v=SNF_amBSbBg (TheChartGuys also have a range of videos depending on your knowledge level)

And just to repeat it again; don't bother getting involved with trading bots until you have a decent understanding, in the long run it will be worth spending the time learning.

thanks for the great protips there , will spend my spare time watching and learn something that i do not know yet.
yes now im not using any bot since i get kick right in the ball using it for the last few times. learnt my mistake and won't repeat it again.

maninas

jr. member

Activity: 126

Merit: 2

trade crypto dengan bot sangatlah tidak cocok melihat crypto lebih banyak di pengaruhi oleh fundamental
dalam trading crypto selama tidak menjual maka tidak ada kata loss walau coin tersebut turun
semua hanya masalah waktu bersabar dan yakin akan analisis kamu pasti membuahkan hasil yg baik

Googlegenius

jr. member

Activity: 322

Merit: 1

Quote from: cryptothief on April 18, 2018, 05:59:40 AM

I asked this question a few months back, was considering the Bot option too. The general consensus, and it persuaded me not to get involved, was that until you know what you are doing when you are trading, you should steer well clear of them. Bots will only make you money once you have the knowledge to set and adapt it to your preferred parameters, and you will only be able to do this once you have the trading skills to do so. I would suggest you learn as much as you can about the technical aspects of trading first, and then ease yourself in with an affordable amount. 'If' you want to consider a Bot again down the line, you will be better placed to reap the benefits. There are plenty of free trading courses available to get you started, some offering 'mock trading' to test out your theories. Here are a couple of links to YouTube resources that I used (and am currently using).

https://www.youtube.com/watch?v=halKeQPAFe0 (Chris Dunn has a tonne of decent beginner videos that are worth watching)

https://www.youtube.com/watch?v=SNF_amBSbBg (TheChartGuys also have a range of videos depending on your knowledge level)

And just to repeat it again; don't bother getting involved with trading bots until you have a decent understanding, in the long run it will be worth spending the time learning.

How much capital did you use when you started trading?

princebridge7

newbie

Activity: 177

Merit: 0

keep learning to analyze trading, because from our learning we must know more about cryptocurrency.

to see the price list of cryptocurrency: https://coinmarketcap.com/
to see the cryptocurrendy event: https://coinmarketcal.com/

and do not occasionally use the BOT, because the BOT is created by humans who have no conscience.

slai98

newbie

Activity: 62

Merit: 0

Bots are well suited for trading on small fluctuations. Inexpensive proven bots with large fluctuations do not work, as there is too much risk. I think trading should start with fiat currencies, and then move on to the crypto currency. As an option, choose promising coins for long-term investments. Successes Wink

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: Pipshunter on April 16, 2018, 10:14:51 PM

Hello guys,
These past few weeks I always losing in crypto trading, I'm considering using bot to trade. But I can't afford to buy one that cost so expensive.
I need guidance. Any pro traders can guide me through this chaotic world. Can't bear any thousands dollar loss 😢😢
Crypto hero needed!

You’re a newbie, and how can you just get into trading without any experience and training? 🤔Meeehn. You killing yourself. I will advise you to quit and find help. Look for anywhere you can do training on trading, when you gain the skills and understand everything about trading, then you can come back and begin it again.

I know the kind of excitement you get when you want to trade as a newbie due to others have told you about how much they have made and you think it will be the same for you, and when you get in without trade skills you end up losing.

ghost14k

jr. member

Activity: 126

Merit: 1

Losing money in trading means your actually learning but losing money consistently means that your strategy is not working. You need to read more then seek out expert traders on twitter. There are many of them you can easily follow and make a nice move. But remember one thing, you can never beat the market always so its natural to lose at some point. Don't believe all you hear about bots they are just there to save you constant staying on PC.

HatakeKakashi

hero member

Activity: 1274

Merit: 513

Not bot are always right, they do mistake also. Better if you do to your own. Personally I did not use bot for the trading I do resesrch and I predict the possible to happen to the coin and Im glad because I earned money without helping of bot. Continue to trade and don't give up and you will be successful.

Hammonds

sr. member

Activity: 532

Merit: 250

I hate the most BOT because BOT is created by humans to simplify the work done by humans but have no conscience.

We compare with Bitcoin trading that requires emotions, patience, learning, hard work and praying, whether from BOT there is a name that his emotions?
hopefully you can learn from your loss to be better again and do not occasionally use BOT.

Pipshunter

sr. member

Activity: 700

Merit: 252

Quote from: Shinpako09 on July 07, 2018, 12:50:09 AM

It would be better if you won't depend on bot. Still much better if you gained knowledge and profit on your own. Losses are meant to happen if you're new. Practice makes perfect, you just need to have faith in yourself, patience is all you need before you can make it. Also, if you're not yet familiar, try to used small amount until you get it right.

i will be back once everything back to normal. too many mistakes i've made during this crypto blood bath and massacre . icant even make a cent. huhu

Pipshunter

sr. member

Activity: 700

Merit: 252

Quote from: hahahafr on July 06, 2018, 11:59:45 PM

Bots are good if you want to make some money, but you need to understand that you need to have a good strategy for your bot, otherwise it all will be more than useless to be honest

yeah i tried few times with bots, i buy the bot like with $100-$200 some of them bots can't even repay me back the amount of money i bought them.
is it true no computer can beat human brain.lol

Quote from: TheMountaincrypto on July 06, 2018, 10:26:43 PM

For me you should not rely on bot. You need to study and learn more on techniques on trading. It needs time and effort in trading. But you dont have much time, I would suggest you to holding a good and potential coin.

to be honest im not sure which coin are pontential enough to be hold at the moment. this crypto massacre kinda hurting everyone so bad.
i will be back when everything back to normal. Cheesy

Joemzz31

member

Activity: 308

Merit: 30

If you are new here in the cryptocurrency,
I think it is better to study alot and ask some guidance to the experts that you know in order to guide and help you in this kind of business.

Topic: Newbie in crypto trading, whelp! Bot or human? - page 2. (Read 759 times)