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Topic: want trade by bot what do you think are you with bots or not - page 2. (Read 859 times)

legendary
Activity: 2464
Merit: 1102
I noticed that quite a lot of Bitcointalk users recently advised not to use bots for trading.  Apparently this activity is already becoming irrelevant, Although everyone has their own views on this case.  I believe that it is better to personally study the trade so much that you can do everything yourself with the best results and the best results, and not rely on the program.
It is just like you always hiring a machinery to do something that you have the ability to also do, and then you get used to it that when the machinery no longer exist, you end up in a vegetable stage because you have no idea on how to further more on it. Bit actually work to some extent, but if you continue to rely on Bot, how then would you know how to trade yourself, and trading is something that really requires practice, because the more you practice, the more you get better in it.

Bot is only for maybe people that are purely not interested in trading at all and just want to try their luck to see if they can make extra income from trade without having ti trade themselves, and this is mostly done by maybe office workers and old people, but any young agile trader, it is not advisable.
full member
Activity: 1316
Merit: 108
I noticed that quite a lot of Bitcointalk users recently advised not to use bots for trading.  Apparently this activity is already becoming irrelevant, Although everyone has their own views on this case.  I believe that it is better to personally study the trade so much that you can do everything yourself with the best results and the best results, and not rely on the program.
full member
Activity: 1498
Merit: 146
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this
I don't suggest you to go with trading bots because you simply doing it as gambling so you will lose more money than you are making from crypto trading.

Better do trades for less profits when you can and make the profits grower by little.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this

You can try that, but that will not guarantee you to get a profit because the market cannot be predictable. You need to set the other things so the bot can adjust if the market is changing. But I don't think that will be easy because the bot will difficult to follow the price on the market and maybe you need to watch closely. It is still better to use manual trading than to use bots in trading because we can always monitor the market, and we can modify many things before we make an order.

A trading bot is similar to gambling bot, from my experience for both you need a bigger bankroll so they can run. Smaller the bankroll is, the bot will have difficulties to work. If you thinking about running a bot, the first factor to be considered is bankroll, the second factor is choosing the right coin, with nice price volatility so the bot can run and make money for you.
I tried several trading bots, but I didn`t invest a lot in that and I think it`s the main reason why I didn`t make money with that, I didn`t lose much too. I like manual trading more than trading with bots, that`s why I quit using bots. I tried free trading bots, maybe there are better bots that can be bought, but I didn`t try that.


Yes, I already tried too and I agree with what you say that we need to have some amount of funds so the bots can work properly. I tried to use 0.01 btc at that time, and I set a buy price for a few coins, and the bots will not execute to buy the coin if the price is more than 0.003 btc and I set it to buy 0.002 btc for every coin I want to buy.
full member
Activity: 1638
Merit: 122
I used a bot which name is Apitrade. You can google it and find the website. The results are not too bad during the stable market and bull run. But the problem is I trade too and my results are better than bot's results. If you don't trade, this bot can trade for you.

if you can trade yourself more accurately better if you dont  depend on bots  . our  brain is more better than the bots performance because they were only programmed by humans  but you said that the results are good which means bots are really useful in a hectic schedule  or on a person that is not really good at trading  . i dont heard of that bot that you used before , is that new ? im only familliar with gunbot because they are being advertise on this forum on the past  .
sr. member
Activity: 994
Merit: 391
I used a bot which name is Apitrade. You can google it and find the website. The results are not too bad during the stable market and bull run. But the problem is I trade too and my results are better than bot's results. If you don't trade, this bot can trade for you.
full member
Activity: 406
Merit: 117
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this

That's the usage of a bot; you will just set your rate when it buys and when it will sell. I mostly use some bot in trading because I can't focus on trading because of some matters. But you must take note that if you want to have a higher profit is much better to concentrate on trading than depending on the bot.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this

You can try that, but that will not guarantee you to get a profit because the market cannot be predictable. You need to set the other things so the bot can adjust if the market is changing. But I don't think that will be easy because the bot will difficult to follow the price on the market and maybe you need to watch closely. It is still better to use manual trading than to use bots in trading because we can always monitor the market, and we can modify many things before we make an order.

A trading bot is similar to gambling bot, from my experience for both you need a bigger bankroll so they can run. Smaller the bankroll is, the bot will have difficulties to work. If you thinking about running a bot, the first factor to be considered is bankroll, the second factor is choosing the right coin, with nice price volatility so the bot can run and make money for you.
I tried several trading bots, but I didn`t invest a lot in that and I think it`s the main reason why I didn`t make money with that, I didn`t lose much too. I like manual trading more than trading with bots, that`s why I quit using bots. I tried free trading bots, maybe there are better bots that can be bought, but I didn`t try that.
sr. member
Activity: 1778
Merit: 309
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this

Lol!! Trading bots are not money making machines!! They can't take decisions unless you do!! If you pre build logic within the bot and the market is not in your favor, then you will loose money!

I don't know if we already have a trading bot intelligent enough to take decision based on market dynamics or not, probably a more veteran trader will be able to answer this! But I prefer to use my own brain based on market dynamics and take decisions accordingly!

Correct, trading bots for me is useless because in trading it is not the same always, we all know that in trading prices change so rapidly that we might lose the opportunity to gain profits.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this

You can try that, but that will not guarantee you to get a profit because the market cannot be predictable. You need to set the other things so the bot can adjust if the market is changing. But I don't think that will be easy because the bot will difficult to follow the price on the market and maybe you need to watch closely. It is still better to use manual trading than to use bots in trading because we can always monitor the market, and we can modify many things before we make an order.
hero member
Activity: 938
Merit: 576
Most bots are useless, especially paid ones, they use free strategies that do not necessarily give satisfactory results.

using bots is sometimes beneficial, but if a bot has an obstacle or error I think it will be risky, maybe it can merge by trading with bots and trading with yourself.
Yes, that's why I think using a bot is the biggest mistake ever, a small mistake in code can be fatal.
legendary
Activity: 2338
Merit: 1124
for me, I don't believe in bots. one day it produces a satisfying profit, but in the end it will be a disaster. bots are only based on the settings we make, so they are not suitable for certain conditions. I prefer to train personal analysis, because finally we will become a tough trader in various market situations
We actually have some BOTs that are perfectly working well and they come from very reputable companies that are well known and can be trusted, but thee only BOT that I know of only works with Forex trading, I have been using the Bot FOR MY FOREX AND IT HAS BEEN HELPFUL, Like now, I trade on both market, to manage trade manually is really difficult, it is either you leave one for the other, but if you wishes to do both, you may have no choice than to buy  BOT application.

For crypto, It has not crossed my mind to actually use Bot because the market of cryptocurrency is not as stable as that of Forex, so I would not really trust any BOT for a crypto market with this volatility. I think is juts just best to trade cryptocurrency manually and for those that don’t know how to trade, they just strictly stick with investment.
member
Activity: 770
Merit: 12
Trphy.io
for me, I don't believe in bots. one day it produces a satisfying profit, but in the end it will be a disaster. bots are only based on the settings we make, so they are not suitable for certain conditions. I prefer to train personal analysis, because finally we will become a tough trader in various market situations
member
Activity: 630
Merit: 14
If you want to develop your own strategy in trading and having an algorithm that you feel safe with, develop your own bot. Do not trust anything created by someone from outside whom you cannot trust. More so in the crypto ecosystem where scammers are everywhere trying to scam anybody they can get their hands on, added with it the irreversible and quasi-legal conditions of crypto, this is a more important message.

Without having a handwritten bot you are only going to feel bad when losses occur, even though thats not the fault of the bot, but just trading. So you can develop a bot to automate your methods but that never guarantees any profit. Wink
I constantly meet with the statements of professional traders that the result of a trader depends only on him.  No bots should be used, since the trader will lose not only his grip, but his experience in cryptocurrency trading will be distorted.  It is better to spend more of your free time on trading cryptocurrencies, and the results will be much higher than when using bots.  Better I will learn and work on my professionalism, rather than rely on someone else's strategy.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
If you want to develop your own strategy in trading and having an algorithm that you feel safe with, develop your own bot. Do not trust anything created by someone from outside whom you cannot trust. More so in the crypto ecosystem where scammers are everywhere trying to scam anybody they can get their hands on, added with it the irreversible and quasi-legal conditions of crypto, this is a more important message.

Without having a handwritten bot you are only going to feel bad when losses occur, even though thats not the fault of the bot, but just trading. So you can develop a bot to automate your methods but that never guarantees any profit. Wink
full member
Activity: 882
Merit: 110
using bots is sometimes beneficial, but if a bot has an obstacle or error I think it will be risky, maybe it can merge by trading with bots and trading with yourself.
member
Activity: 572
Merit: 10
I have never used a bot, mostly I trade myself. But I know that with it, too, you can make successful deals. So you may well try to use it.
full member
Activity: 715
Merit: 102
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this

I looked at your post history and saw this:

can i transfer direct ltc or ant coine  bittrex  wallet to binance wallet or i have to use outside wallet

I think you are new to this market, if you are new to this market, I advise you to trade in person instead of using a bot. bots have their cons, you can see this in bot threads or by researching in google the advantages and disadvantages of using bots
Of course he is a new player in the crypto world, so he asked about bots, because for those who are experienced certainly don't need to ask such questions, I think he just lacks confidence in trading and lacks understanding of bot functions, after getting answers from seniors here surely he will reconsider the use of the bot.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this
You should be more clear when asking for help. I am assuming you are looking for a bot that can be customized, right? Such customs bots can be found around in the forum for free (or some asks for some small amount of fee). Just be careful when using those free bots. Most of them might be infected (I never used any and would suggest you to make your own bot if you know how to code).
legendary
Activity: 2100
Merit: 1058
want trade by bot what do you  think  are you with bots or not
i have idea to link my bot to indicators like rsi example if it hit 20 buy if   hit 60 sell something like this
I am not with BOT and I don’t like trading with BOT, most BOT services may look like they are working from the beginning but they end up crashing along the way, and the time they usually crash is a critical time when you have so much relied on them,and this critical period they crash is when most people lose all their money in the trade.

I think I would rather prefer to trade myself, it is better I take time to learn all the strategies and skills needed to trade successfully than to rely on trade. I would not even rely on trade signals not to talk of BOT. I will advise that you just take time to really learn trade, get some mentors that will out you through and before you know it, you will become masters of your own trade. So dust off that idea and make some studies.
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