That AI bot that can trade on my behalf without me making the trades - page 2.

brandtalex

newbie

Activity: 21

Merit: 0

Quote from: MrBDavies on January 24, 2021, 08:53:11 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.

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.

MrBDavies

newbie

Activity: 13

Merit: 0

Quote from: KyoRider on January 24, 2021, 09:58:22 AM

Quote from: MrBDavies on January 24, 2021, 08:53:11 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.

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.

XZERO1

member

Activity: 518

Merit: 33

There are actually tons of them out there, but only a few of them (just maybe) can give you long-term stable profit from most of the trades it take, whether it's by scalping or swing trading.

The hardest part is finding those bots that actually work as well as their owner claims, you obviously can not just search for trading bots on internet and buy whatever comes up as the first result, buying a bot that just puts buy/sell orders, stop-losses, take profits and make other minor changes to your position is one thing, but it's totally another story to buy bots that take positions/trades for you based on their AI.

I know some people that got a very good result on some trading bots short-term but as the market got more volatile or even worse change trend their profits turned to losses almost immediately.

My personal suggestion is to not ever waste your time and money for a trading bot that takes trades and positions and close them accordingly based on its AI, there's a very small chance that you could find a bot that does it right in long-term and I really wouldn't take that chance, but you still can buy one of those bots that do other things like set stop-loss, take profit and add to your position automatically depend on how you program it.

Zackgeno96

hero member

Activity: 1778

Merit: 520

Quote from: Shiru on January 23, 2021, 08:02:32 PM

Sounds like a newb question and it is but i do not know so im asking. I really want to know your options.

There are a lot of trading bots out there but most of them comes with a price so if you don't have a budget for this kind of things I really think you should not buy trading bots. Though to some professional traders trading bots are really helpful.

Shiru

newbie

Activity: 48

Merit: 0

Quote from: mk4 on January 24, 2021, 01:01:01 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?

Interesting observation right there!

joniboini

legendary

Activity: 2170

Merit: 1789

There is no such thing as "AI" bot, if anything, it probably uses a better algorithm to determine your entry and exit target. In short, it depends on how well done a bot was coded.

You could probably make a clone of Zenbot and ask an experienced programmer to add more strategies and improve the algorithm used by the bot, with advanced monitoring tools.

Reid

hero member

Activity: 3052

Merit: 651

If only it was that easy.
I'm sorry I don't rely much on bots.
There is an option that you could use with exchanges rather than using an AI.
Just don't be lazy checking it every day or whatever time you prefer. i.e. every 2 hours.
In the long run, you will get used to it, and when you master it starts to get boring.

maxreish

sr. member

Activity: 1330

Merit: 326

Tons of trading bots were advertised in the internet with different strategies, different prizes but all the same that doesn't guaranteed sure profits. It could possibly you buy some bots with good scripts but only give you low profits or can definitely be not reliable as the market is really hard to handle. Ive tried buying one trading bot (not that popular) and just burnt few dollars to try it out now, Im regretting to buy that bot and realized it is better to trade by myself rather than relying on that.

On the other hand there are still legit trading bots that give you a good profits like others are suggesting. If you want to try one of them, search for the feedbacks first.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Shiru on January 23, 2021, 08:02:32 PM

Sounds like a newb question and it is but i do not know so im asking. I really want to know your options.

There are many bots out there that can trade for you without requiring any input from you whatsoever, but to begin with are you going to trust a piece of software to trade on your behalf and that can move your coins without your input? We must remember that hacks happen all the time and you are explicitly giving control of your coins to a piece of software and even if the creator of that bot could have been in the market for years we know that companies and individuals go rogue all the time so that is a risk you will face as long as you use a bot coded by someone else.

sujonali1819

legendary

Activity: 2436

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Need Campaign Manager?PM on telegram @sujonali1819

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 💙

KyoRider

newbie

Activity: 41

Merit: 0

Quote from: MrBDavies on January 24, 2021, 08:53:11 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.

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.

MrBDavies

newbie

Activity: 13

Merit: 0

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.

so98nn

hero member

Activity: 2114

Merit: 603

Quote from: mk4 on January 24, 2021, 01:01:01 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?

Yeah.

Still people have sold many bot scripts on this very forum in the past for more than 500 bucks and some of them were just shitty scripts which were offered for couple of ten dollars and so.

Initially everybody thought it works (negative marketing) but later as the scams started increasing for the scripts the era of trading with bot ended pretty quickly. Also bot trading is stupid idea. It can't control the market stress pretty well. It's better you jump into the market with your own extinct mate!

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Shiru on January 23, 2021, 08:02:32 PM

Sounds like a newb question and it is but i do not know so im asking. I really want to know your options.

I'm sure that you are been hype by the people who tell about that its profitable to trade with the bots since it will give you a consistent profit in the long run, but actually in reality the situation is the same with manual trading in terms of profitability since you still need to use your brains to have a good trades. If you just rely on the bots and count some possible profit that you can get then you cannot possibly get anything from it in the long run. So if I where you just trade manually since for this method you will be more knowledgeable on how to trade correctly in the long run.

Latviand

full member

Activity: 1540

Merit: 219

Never rely on trading bots that are existing in some platforms because that will not help you grow your asset.

It will just maintain your asset when you are working with other activities or stuffs but when you always use it in trading then progress will not chase you.

In trading, you need to work on yourself, you need to improve your skills, technical analysis, manual strategies and you will just use stop-loss so that you can limit your losses. Bots are somehow useful but when you trust it always without working on yourself then goodluck to your future.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

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?

cryptoaddictchie

legendary

Activity: 2268

Merit: 1379

Fully Regulated Crypto Casino

Quote from: Shiru on January 23, 2021, 08:02:32 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 if there are bots like that then there are plenty of bots. I've used a not for binance future, there is a subscription fee and the bots works the trading for you. I've just recently avail it to see how the bot works and it literally trading on futures for you. Entering an order and setting up from taking profit and setting up stop loss.

But there still risk to this kind of bots and also got some limited tokens set up. Maybe same with gunbot crwth talking about.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

There are many bots that could claim that they are profitable in certain situations but what they are not telling you is how to react when something inevitable happens. Like in some particular aspect into which you will be able to trade in a bull market but once the bear market hits, it doesn't react well enough. You need to know these conditions because there is always a different condition in the market.

You could have multiple types of indicators to help determine that a sure thing could happen in the market. With a bot, you could easily let it identify that when a specific condition is met, it's going to be the approach. Whether you are long or short position, it will behave accordingly.

Nothing is really magic, but until you learn how to make the tool better. Talking about the tool of bots and how it could make you successful is still up to the trader itself. It's going to be monitored now and then.

Gunbot is an excellent tool for me that could automatically configure the settings that you have in a particular market situation. I'm here to help if you have concerns.

Shiru

newbie

Activity: 48

Merit: 0

Sounds like a newb question and it is but i do not know so im asking. I really want to know your options.

Topic: That AI bot that can trade on my behalf without me making the trades - page 2. (Read 432 times)