Topic: That AI bot that can trade on my behalf without me making the trades (Read 432 times)
February 06, 2021, 04:32:34 PM
I believe this can be built in the coming years, I definitely believe that. And I will like to present the possible ways in which the system can be effective. If you are a forex trader, you will know that there are some factors that are responsible for bull or bear. Such as situation affecting a country or some other external factors. If the AI can be built to gather these information, at a speed of light. It will be very easy for the bot to function maximally. The bot will function like human being, because if not, even if you make thousands, you can loose it within a minute. Without that I see the bot coming into existence and will later crashed or not been fully effective.
February 03, 2021, 01:16:24 PM
first of all real artificial intelligence is not yet invented, what we have so far is a very poor version of what you think and is mostly predefined scripts that can only run in predefined conditions and are not capable of doing much else in unexpected conditions such as the ones that we see every hour in the cryptocurrency market.
for example one thing that always kills the profit of bot traders is the altcoin pump and dumps which create huge unpredictable price swings up and down that confuse even human beings let alone some automated script.
we even have such things in bitcoin. for example a couple of days ago we saw a short squeeze that was mostly bankrupting shorters but also it affects the bot traders.
for example one thing that always kills the profit of bot traders is the altcoin pump and dumps which create huge unpredictable price swings up and down that confuse even human beings let alone some automated script.
we even have such things in bitcoin. for example a couple of days ago we saw a short squeeze that was mostly bankrupting shorters but also it affects the bot traders.
February 03, 2021, 01:00:45 PM
This is the only conclusion that makes sense, if someone could build such a bot will it make any sense to sell licenses for it knowing that in fact all the bots use the same strategy? Such bot is going to diminish its efficiency with each sale that you make, the other option is that you keep that bot for yourself and invest every single dollar that you have in the markets and let the bot become your own money printing machine. Which option makes the most sense? And it is obvious it is the latter which is why most bots we see online are disappointing at best and a scam at worst.
That’s totally on point. And in the first place we don’t know the real purpose behind the creation of these so called bots. But I were to presume, it would be for the benefit of the creator of course. And I were to be in the shoes of the creator, finding that the bot would benefit me, I would have many second thoughts on just sharing it to others just like that.
January 31, 2021, 01:59:17 PM
It is true that there are trading bots that can replace our trading, but they are not completely automatic. We need to set up the bot first.
And we also have to be diligent about updating, so that the bots we use can trade properly and can generate profits. I have tried several
trading bots, but the fact is that they are not 100% profitable. Sometimes if the market suddenly changes the bot makes the wrong trade
and results in our capital running out. So it's still better for me to do manual trading, because we control everything ourselves.
There is no completely 100% guarantee profit since the market is too volatile and bot depends on how we set it up, it can have time that we will earn but there are also instances that we're not. Setting stop loss is still needed to consider since bot can't think automatically or adjust in the market condition we must still give time to look on it for updates or changes in our trading. And we also have to be diligent about updating, so that the bots we use can trade properly and can generate profits. I have tried several
trading bots, but the fact is that they are not 100% profitable. Sometimes if the market suddenly changes the bot makes the wrong trade
and results in our capital running out. So it's still better for me to do manual trading, because we control everything ourselves.
January 31, 2021, 01:52:57 PM
I really think that if there's an AI with such capability of making large profits then doing trading is gonna be some stupid thing to do anymore, I mean what's the point?. I'm pretty sure the government gonna regulate that bot almost like immediately or if the worst to come everyone gonna use that bot and the market gonna be such a mess rendering the bot itself useless. so the answer is no, there's no such thing as bot with high level AI just yet.
"If" there was a bot like that, believe me the creators wouldn't even sell it. Because if there is a method that AI could make profit, if there are 10 thousand AI's trying to do the same thing would kill the business immediately, we are talking about something viable only if there is handful of them and not a million of them. However if there was one that worked properly and it was sold and everyone who bought it made profit?There would be millions of people who would buy it, even over a billion, because who wouldn't want to put money into some AI and make profit, if it works then everyone would want it and everyone would want more and more money. Hence even the idea itself is mute point because something that guarantees income can't be sold that much since it can't guarantee income at that point. This is an idea dead at birth that can never happen.
January 31, 2021, 05:25:39 AM
Sounds like a newb question and it is but i do not know so im asking. I really want to know your options.
I can trade for you. MT4 account, trading forex, enough capital is required.
January 30, 2021, 11:30:53 PM
We have lot of Open sourced trading bots available for people to use or can even buy the one with subscription fee which only execute the trades based on the algorithms set by the users.
AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
I really think that if there's an AI with such capability of making large profits then doing trading is gonna be some stupid thing to do anymore, I mean what's the point?. I'm pretty sure the government gonna regulate that bot almost like immediately or if the worst to come everyone gonna use that bot and the market gonna be such a mess rendering the bot itself useless. so the answer is no, there's no such thing as bot with high level AI just yet. AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
January 30, 2021, 01:55:33 PM
If there was such thing that's working really really well, I could almost guarantee that it wouldn't be publicly available and it would most definitely be only be used by the one who made it. Think about it, if you could make millions of dollars with it, would you share it with everyone hence making it less effective?
One correction: It just wouldn't be available.AI isn't on human's level, it can't read and analyze data, it can only do mathematical things but trading isn't based on mathematical formulas alone, you may calculate the risk of investments, etc but you can't really calculate whether Binance will be hacked tomorrow and Bitcoin's price will go down. None AI can calculate it + none AI can have an imaginary about it + none AI can read and analyze the news if such thing happens.
And AI will never be on so high level. If yes, then we will be new gods for them and ourselves we will be on another level.
January 30, 2021, 01:39:49 PM
There are actually a lot of trading bots that works perfectly fine with some people, such programs have increased in numbers since 2019. Cryptohopper for example is a famous trading bot, I've seen its name probably for 1000x already lol. But I love exploring and I've encountered more programs other than Cryptohopper like 3commas, Zignaly and Kryll.io - All are quite known in the industry right now.
Another trading bot has been launched this month as well, KuCoin's trading bot is the latest in my radar right now though I am still not sure how this program will play out. Well, the current price of ETH looks interesting and positive (see: https://trade.kucoin.com/ETH-BTC) I am happily making trades right now, some traders must be running theirs with ETH as well I am sure of that.
Another trading bot has been launched this month as well, KuCoin's trading bot is the latest in my radar right now though I am still not sure how this program will play out. Well, the current price of ETH looks interesting and positive (see: https://trade.kucoin.com/ETH-BTC) I am happily making trades right now, some traders must be running theirs with ETH as well I am sure of that.
I'm a new user on KuCoin and I saw some of people on Telegram group talking about that trading bot thing. When I checked it using my Kucoin app, the minimum investment on most well-known trading pairs are too high, Some of it are 100 USDT in minimum. When I asked someone regarding with that matter, they say it will be fix soon. If the minimum is not that high I'll try to set trading bot for ETH or DOT.
Glad Im seeing this first.
I was planning to check KuCoin but it seems the minimum is too high to try.
Currently Im trying Pionex, I dont know tho about the results. Still testing if its good.
January 29, 2021, 11:07:37 AM
If there was such thing that's working really really well, I could almost guarantee that it wouldn't be publicly available and it would most definitely be only be used by the one who made it. Think about it, if you could make millions of dollars with it, would you share it with everyone hence making it less effective?
This is the only conclusion that makes sense, if someone could build such a bot will it make any sense to sell licenses for it knowing that in fact all the bots use the same strategy? Such bot is going to diminish its efficiency with each sale that you make, the other option is that you keep that bot for yourself and invest every single dollar that you have in the markets and let the bot become your own money printing machine. Which option makes the most sense? And it is obvious it is the latter which is why most bots we see online are disappointing at best and a scam at worst.That’s totally on point. And in the first place we don’t know the real purpose behind the creation of these so called bots. But I were to presume, it would be for the benefit of the creator of course. And I were to be in the shoes of the creator, finding that the bot would benefit me, I would have many second thoughts on just sharing it to others just like that.
January 28, 2021, 05:45:56 PM
If there was such thing that's working really really well, I could almost guarantee that it wouldn't be publicly available and it would most definitely be only be used by the one who made it. Think about it, if you could make millions of dollars with it, would you share it with everyone hence making it less effective?
This is the only conclusion that makes sense, if someone could build such a bot will it make any sense to sell licenses for it knowing that in fact all the bots use the same strategy? Such bot is going to diminish its efficiency with each sale that you make, the other option is that you keep that bot for yourself and invest every single dollar that you have in the markets and let the bot become your own money printing machine. Which option makes the most sense? And it is obvious it is the latter which is why most bots we see online are disappointing at best and a scam at worst. 
January 27, 2021, 01:48:52 PM
Sounds like a newb question and it is but i do not know so im asking. I really want to know your options.
If you are asking whether there are bots that can trade on your behalf then there is but with regards to profit then that is the other issue because there are many owners of AI bot that claims that their bots will give the user a good amount of profit.
But frankly speaking, I haven't seen or used this kind of AI bot but let's see if there are professional traders here who are willing to share their AI bots for trading which can genuinely give us a profit if we are going to use that bot. But if I were you, it will be better if you will be dependent to your knowledge instead of being dependent to those bots as the chances that you can earn a profit if you are going to use a bot is very less not unless you can find a bot that works 100%.
January 27, 2021, 11:57:21 AM
We have lot of Open sourced trading bots available for people to use or can even buy the one with subscription fee which only execute the trades based on the algorithms set by the users.
AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
Open sources are good but you need to have some programming prowess or at least skills to tweak it to your liking, it is still the best one though as some trade bots are not that good and the subscription to use one is not worth your time if you weigh the profits overtime. There are some bots that can make you serious money if you have the skills to tweak it to make profitable trades and you have a lot of money to spare, for example, you can make millions with trading bots if you are a manager of more than one accounts in trading and you have a lot of investors that are pouring money. AI has advanced, OpenAI is a promising one and I think that if companies were to focus their efforts in creating an AI for trading then they might be able to do it at this moment.AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
January 27, 2021, 06:00:53 AM
It is true that there are trading bots that can replace our trading, but they are not completely automatic. We need to set up the bot first.
And we also have to be diligent about updating, so that the bots we use can trade properly and can generate profits. I have tried several
trading bots, but the fact is that they are not 100% profitable. Sometimes if the market suddenly changes the bot makes the wrong trade
and results in our capital running out. So it's still better for me to do manual trading, because we control everything ourselves.
And we also have to be diligent about updating, so that the bots we use can trade properly and can generate profits. I have tried several
trading bots, but the fact is that they are not 100% profitable. Sometimes if the market suddenly changes the bot makes the wrong trade
and results in our capital running out. So it's still better for me to do manual trading, because we control everything ourselves.
January 27, 2021, 04:01:11 AM
We have lot of Open sourced trading bots available for people to use or can even buy the one with subscription fee which only execute the trades based on the algorithms set by the users.
AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
Open sources are good but you need to have some programming prowess or at least skills to tweak it to your liking, it is still the best one though as some trade bots are not that good and the subscription to use one is not worth your time if you weigh the profits overtime. There are some bots that can make you serious money if you have the skills to tweak it to make profitable trades and you have a lot of money to spare, for example, you can make millions with trading bots if you are a manager of more than one accounts in trading and you have a lot of investors that are pouring money. AI has advanced, OpenAI is a promising one and I think that if companies were to focus their efforts in creating an AI for trading then they might be able to do it at this moment. AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
January 27, 2021, 12:21:08 AM
I am not very familiar to use with any trading bot. But yeah there are many trading bots in the market I see. So you can use one of the most trusted. 
And I can see crwth already suggested Gunbot. So you can use it. Also there is a thread created by crwth which can help you much. You may take a look there
[Comparison; Tutorial; Profit; Settings] 💙 Trading bots and SUPPORT BOT 💙
The link below is the original thread and is still open. Probably you could post some discussions there about the different types of bots out there. I'm not particularly updating that thread anymore and I locked it. And I can see crwth already suggested Gunbot. So you can use it. Also there is a thread created by crwth which can help you much. You may take a look there
[Comparison; Tutorial; Profit; Settings] 💙 Trading bots and SUPPORT BOT 💙
https://bitcointalksearch.org/topic/empyria-comparison-of-triangular-arbitrage-ai-trading-bots-1944274
January 26, 2021, 12:38:40 PM
We have lot of Open sourced trading bots available for people to use or can even buy the one with subscription fee which only execute the trades based on the algorithms set by the users.
AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
AI technology exists but still in the early stage so you can't find such AI trading bot can make trade for you can actually make millions or even in billions everyday but it is still few decades away and may not be available for these kind of usages for sure.
January 26, 2021, 12:35:28 PM
Cryptohopper is good though, just a few errors I got when i used it but overall its fine. The KuCoin Bot one is still new in the picture, don't have much strategy yet so I can't fully give my opinion, wishing they could lower the minimum investments a bit for those who don't hold much coins.
So far my running bots there are earning good, earned a decent amount with EOS and BTC yesterday.
Yes they just launched it afaik they have some pairs there which only requires 6 usdt and i think they are still trying to lower the minimum investments of the other pairs too they adjusted eth already afaik it only requires 12 usdt. So far my running bots there are earning good, earned a decent amount with EOS and BTC yesterday.
betting on the most volatile one can really give you profit 👍 crypto hopper too
I have seen same bot used by different people in the same exact moment and one of them lost 20% of their portfolio while the other doubled it, this is not just about one bot neither, it works for almost all bots unless bot is bad itself.
Cryptohopper, gunbot, 3commas, and many others all are decent enough, which means if you are good at using it, you are going to profit, but if you are bad at it, you are going to lose (or collect bags mostly) while using it, it is about you not the bot.
January 26, 2021, 08:39:54 AM
There are actually a lot of trading bots that works perfectly fine with some people, such programs have increased in numbers since 2019. Cryptohopper for example is a famous trading bot, I've seen its name probably for 1000x already lol. But I love exploring and I've encountered more programs other than Cryptohopper like 3commas, Zignaly and Kryll.io - All are quite known in the industry right now.
Another trading bot has been launched this month as well, KuCoin's trading bot is the latest in my radar right now though I am still not sure how this program will play out. Well, the current price of ETH looks interesting and positive (see: https://trade.kucoin.com/ETH-BTC) I am happily making trades right now, some traders must be running theirs with ETH as well I am sure of that.
Another trading bot has been launched this month as well, KuCoin's trading bot is the latest in my radar right now though I am still not sure how this program will play out. Well, the current price of ETH looks interesting and positive (see: https://trade.kucoin.com/ETH-BTC) I am happily making trades right now, some traders must be running theirs with ETH as well I am sure of that.
Ive seen this bot on my KuCoin app made me curious as its new on the app so I checked it, learn it was a trading bot then tried it and its pretty cool. Havent had any losses when I run bots, tried ETH too just like what you said and DOT and it made me profits instantly because of the volatility good entry point I think is whats making it better to use. Tried crypto haooper and bituniverse before but can say this is better version. I will be trying the DCA too they said thats much faster than the classic one good range gives me good profits.
Cryptohopper is good though, just a few errors I got when i used it but overall its fine. The KuCoin Bot one is still new in the picture, don't have much strategy yet so I can't fully give my opinion, wishing they could lower the minimum investments a bit for those who don't hold much coins.
So far my running bots there are earning good, earned a decent amount with EOS and BTC yesterday.
Yes they just launched it afaik they have some pairs there which only requires 6 usdt and i think they are still trying to lower the minimum investments of the other pairs too they adjusted eth already afaik it only requires 12 usdt.
betting on the most volatile one can really give you profit 👍 crypto hopper too
there are still pairs that need to be on the kucoin trading bot, pairs that are way more volatile than the existing ones in the app right now and yeah they really need to do something about the minimum investments.
As long as you have a good entry you'll be fine, using the bot the right ways can give so much profits.
January 26, 2021, 04:30:50 AM
There are actually a lot of trading bots that works perfectly fine with some people, such programs have increased in numbers since 2019. Cryptohopper for example is a famous trading bot, I've seen its name probably for 1000x already lol. But I love exploring and I've encountered more programs other than Cryptohopper like 3commas, Zignaly and Kryll.io - All are quite known in the industry right now.
Another trading bot has been launched this month as well, KuCoin's trading bot is the latest in my radar right now though I am still not sure how this program will play out. Well, the current price of ETH looks interesting and positive (see: https://trade.kucoin.com/ETH-BTC) I am happily making trades right now, some traders must be running theirs with ETH as well I am sure of that.
Another trading bot has been launched this month as well, KuCoin's trading bot is the latest in my radar right now though I am still not sure how this program will play out. Well, the current price of ETH looks interesting and positive (see: https://trade.kucoin.com/ETH-BTC) I am happily making trades right now, some traders must be running theirs with ETH as well I am sure of that.
Ive seen this bot on my KuCoin app made me curious as its new on the app so I checked it, learn it was a trading bot then tried it and its pretty cool. Havent had any losses when I run bots, tried ETH too just like what you said and DOT and it made me profits instantly because of the volatility good entry point I think is whats making it better to use. Tried crypto haooper and bituniverse before but can say this is better version. I will be trying the DCA too they said thats much faster than the classic one good range gives me good profits.
Cryptohopper is good though, just a few errors I got when i used it but overall its fine. The KuCoin Bot one is still new in the picture, don't have much strategy yet so I can't fully give my opinion, wishing they could lower the minimum investments a bit for those who don't hold much coins.
So far my running bots there are earning good, earned a decent amount with EOS and BTC yesterday.
Yes they just launched it afaik they have some pairs there which only requires 6 usdt and i think they are still trying to lower the minimum investments of the other pairs too they adjusted eth already afaik it only requires 12 usdt.
betting on the most volatile one can really give you profit 👍 crypto hopper too
Jump to: