You must of not heard what happened about a year back with 3commas? Basically somehow the API which was granted to trade for thousands of traders was taken over by some hacker.
In the end, they ended up mass market buying some illiquid small cap alt coin and the hacker basically made like 10000% by front running the pump.
After this I wouldn’t trust 3commas.
Topic: Trading assistant platforms like 3commas or cryptohopper ,... (Read 89 times)
Hi everybody, hope you doing well. it's a while that i have known crypto trading assistant platforms like 3commas, cryptohopper,... please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks
I am sure you're aware that most people here don't have any experience with those bots you've mentioned. And it is likely that you're just here to give them some free advertisement and you're able to get engagement with it. But, that won't give my curiosity a bite for what you've said. Even if there are other bots that are existing, those that will just be the same experience as what you're trying to find and prolong this talk. thanks
Anyway, if you want to make a good discussion about such then you should have explained a bit with what you've mentioned and give us an idea on how it is whether you're connected to them or not or basically just a happy user that made you remember it.
I can't give a complete review since I used one of the 2 platforms. I am quite familiar with 3 commas and I used it in the past, Generally i used it just as an average trader. I did go so much into setting up the bot, but it tested its grid trading bot. It wasn't bad, but I was satisfied with the small profits, so I just continued to use the app as a portfolio manager.
I know about cryptohopper, I even signed up for it but never got to use the bot. One thing that is work pointing out is that 3 commas was involved in some sort of API key leakage which led to loss of funds. So be very careful.
I know about cryptohopper, I even signed up for it but never got to use the bot. One thing that is work pointing out is that 3 commas was involved in some sort of API key leakage which led to loss of funds. So be very careful.
Hmm, Buddy, I was not even aware of such platforms as you've mentioned. Also, the context of the post is also not clear as many platforms assist you while trading trackers help to keep records of the market, news, and portfolio management, Trading views help to technically analyze the market and the platforms like Glassnode help the long term on-chain activity analysis and assist in the decision making for the investors on a longer time frame.
So about which type of the Assistance Op you are talking about....
So about which type of the Assistance Op you are talking about....
Hi everybody, hope you doing well. it's a while that i have known crypto trading assistant platforms like 3commas, cryptohopper,... please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks
I did not heard about these platforms before but I did check the 3commas and it provides some features like smart trades, where they will take both short and long trades at once. This means if BTC goes up you are taking a profit in the long but also losing money in the short too so not that help full. Plus they could make your trades automatic to some extent only. And could do proper DCA which you can also do or schedule at any exchange. The thing is many people do not want to connect their exchanges, or wallets to some platform that is ensuring money even.thanks
Because if that platform are hacked or goes bankrupt then what will happen to the details and data a customer had already given to these platforms? Although 3commas did not asked my anything personal yet instead of email but it did asked me to connect my wallet or exchange I think the only options I got was of exchanges well not so sure about it because did not gave it full glance. But still the problem remains the same of anounmity and risking funds to others.
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please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks
As long as I started trading on the crypto market, until now I have never used any trading assistant platforms. Because basically, I prefer to trade independently rather than entrust it to other people or to a trading service platform. Besides doing independent trading,I think it will be better for trading career in crypto. Because the ability and knowledge in the field of crypto trading will definitely increase. So basically I am also not going to suggest any trading assistant platform to you. But I would rather advise you to trade independently. Moreover, you are still a beginner in the field of crypto trading, so it's better for you to learn about trading in crypto first, rather than immediately looking for a trading assistant platform. So that in the future, you don't always rely on anyone (trading assistant platform) to trade crypto. please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks
Even though learning to trade crypto independently, it will definitely take quite a long time, but you need to know, the results will really satisfy you.
Hi everybody, hope you doing well. it's a while that i have known crypto trading assistant platforms like 3commas, cryptohopper,... please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks
It helps you program trading so that you do not need to spend the whole day in front of the screen, and since the cryptocurrency market works 24/7 and changes can occur in it at any time, you must use software that automates trading for you, but it does not mean free money.thanks
It is like a robot that is programmed to execute orders, without the orders being clear and the strategy is good, as these bots will not make free profit for you. it is an advanced step, learn trading first and then move on to automate trading.
If you're a trader with small capital and only use one or two exchanges, I don't think using tools like that is going to help you that much. It is also risky as mentioned above, not to mention there are other open-source bots if what you're looking for is a simple automation tool. Just remember that using a tool, which most of the time requires you to buy some packages will not magically help you increase your profits.
Hi everybody, hope you doing well. it's a while that i have known crypto trading assistant platforms like 3commas, cryptohopper,... please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks
thanks
Last year or 2021/2022 was full of drama and sad episode between exchanges and all this trading enhancers. There were leakage in the backend of Binance and 3commas that lead to many people to lose funds. Lots of people were complaining that their funds were missing which made Binance to stop offering API integration to this trading platforms. It was a like a partnership for Binance to drive more traders from other platforms to their trading exchanges but it doesn't worth it after that leakages. You can read about the API leak that happened last year that lead to loss of millions by 3commas...read more
I'm not trying to discourage you from using these platforms, I'm only preinforming you about the dangers of API while using other platforms because the result is not good anytime you leak your API to another platform. Instead of using this, I think Binance has improved on their trading chart view, make use of their exchange instead of another third party.
Personally — I don't even use any of them; not even TradingView lol. Though to be fair, I "trade" mostly based on fundamentals so I don't plan entries and exits based on technical analysis like most trading peeps do.
Do it on your own. That's the best thing you can do if you are looking for a long time trading journey. If you do not have enough knowledge and experience in trading, you need to learn that first. Knowing crypto and watching it does not make you a good trader. You need to use your knowledge of the market and try trading using that. That way you will gain experience. Most importantly, you need to learn other basic things that are highly required in order to start your trading journey. For example, emotion control. If you don't have that, you are more likely to drop out before you can begin. Using an assistant is helpful, that's for sure. But if you start with that without your own experience in the field, you are not going to become successful in life. When you are somewhat capable of doing your own trading and able to analyze the market, then you can get help from those assistants.
use your own knowledge to get started and then when you feel like you are making a mistake or need some inspiration, you can get help from those services. As for me, I don't use any such thing as this anymore. So I have less experience with it. I can not recommend any or will not recommend any. Because I don't like them.
use your own knowledge to get started and then when you feel like you are making a mistake or need some inspiration, you can get help from those services. As for me, I don't use any such thing as this anymore. So I have less experience with it. I can not recommend any or will not recommend any. Because I don't like them.
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I will not recommend any platform to you to help you in trading, it's something you can sit down and learn to do it by yourself, this forum alone is enough for you to learn, always read posts on trading discussion board, you can read articles and other threads you like on this forum with more information on trading, i will also render one thread to you to read and learn https://bitcointalksearch.org/topic/m.61999785 being a beginner on how to trade, for how long will you keep on depending on the trading platforms to help you out when you can do all yourself
You have to explain your purpose on the thread first before members can contribute to what you are saying. Make your thread robust for discussions, you are only making this first post and asking for experience, it is not ideal I believe. Do a briefing of whatever experience you are asking for, you are a newbie and I don't think you will get such attention if you don't represent yourself very well.
Hi everybody, hope you doing well. it's a while that i have known crypto trading assistant platforms like 3commas, cryptohopper,... please share with me your trading experience with them and let me know if you have any other crypto trading assistant
thanks
thanks
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