Topic: What is the best Bitcoin Trading BOT? - page 4. (Read 38694 times)

maybe you mean BOT that only see bitcoin market situation, as long as I see in telegram channel,
I never trust bot that can bring big profit, I mean I've seen my partner buy bot which can buy and sell a certain price, but I do not never bought it.

From me, dont invest your money to a bot

yes that's true, never use bots in trading you will lose your money and waste your time, if you want trading do it yourself and you can learn and earn by yourself.

Bots were just scripts that were developed to automate the buying and selling of digital tokens. This will not get you cent percent profit, because however precise they were developed won't think as the human being thinks. It's all about time, people who cannot spent time prefer bots for trading.

Okay here's my tuppence on the matter. For the record I am a Gunbot user (and reseller), which of course some of you will know is one of the more well known and popular bots on the forum.

There's some very misinformed comments on this thread, so I'd like to share my honest experiences and demystify them.

1) Firstly, no bot is just a "Turn it on and it will make you rich" push button solution. If you're looking for that, then the answer doesn't exist, or you're asking the wrong question.

2) A number of people have correctly observed it's a very effective way to automate trades you would normally take, or trades you may not see because you are away or asleep. Bots can work 24/7 unlike a human being.

3) Whether you can make better decisions than a bot on a single trade, the answer is of course you could, but only if you have the right experience, a good feel for the market, TA analysis, a good risk management strategy etc.

4) I think it's just as misinformed to tell people that they can make better decisions than a bot, when that person is a newbie. If they are a newbie, they are probably unlikely to make good decisions bot or not- I recommend you demo trade as much as possible read about price action, chart patterns technical analysis etc etc before you use real money if you're a newbie.

5) Using Gunbot has taught me so much, and has made me a better manual trader too. Because I watched how it observes the market and its buys and sells, and that includes when it gets it wrong because I then make a settings adjustment if I see it's not just a fluke error. I have now setup Gunbot to trade the way I would manually, which is to look for a pullback or market bottom and then sell on the rebound. When I first started using Gunbot, I took my time because I wasn't prepared to lose money. Not everyone who uses Gunbot succeeds but mainly because they have the wrong attitude, expectations, or haven't actually taken it seriously to sit down and learn... not because Gunbot doesn't work. Gunbot does work, but you have to understand the settings, what they do, how to have different settings for different coins according to volatility or price action/ pump and dump stage, market conditions etc. Early on I was eager to learn from some long time users of Gunbot and had my questions answered and I'm comfortable knowing it quite well and how to use it.

-I set my bots trading balance to use no more than 5-10% of capital on the exchange for  single trade, this is exactly how I would manual trade
-I trade very cautiously and have got Gunbot to closely mimick that, in that I tend to buy at the lower end of a long ish wick on a red candle where it's at the extreme of the lower bolllinger band and will rebound.
-I asked lots of questions and wasn't prepared to go live until I had them answered
-The bot is a better trader than me in the sense that I have automated what I do normally and it does it with consistency and without emotion.

Feel free to ask me any other questions, or send me a private message. I've been advising people how to integrate Gunbot into a trading strategy or make it work (see my contributions on the official Gunbot thread for more about what I know and how I use it especially the last dozen pages or so where I feature prominently).

https://bitcointalk.org/index.php?topic=1715214.2980

but in todays life we have face recognition - which is similar to mattern matching -so i don't understand why this should not be possible on the trading market. Als this patterns which will be defined by TA can be implemend in a system? or? where are here the challenges?

lol, yeah. bots arent just smart as a human and you cant expect too much of it though there are good if you are a busy person that dont have a time to check the market and do trades or if your just a lazy person then you might need it. yet it is still pretty risky for your money to be managed by a robot because it might still crash and may not respond properly that it can result to a serious loss.

I don't need it, i just do it on my own choice since i am here alone in our room and need to do online jobs everyday to earn more. I have more extra time to control it.

Why should someone offer a bot, if he can use it by himself?
Makes no sense.
Your best bot is between your ears and calls brain.

I have used few of them and so far the UI experience is not so friendly. But Cryptotrader was sort of stable for a BOT that is running continuously. 

Does anyone know much about this upcoming project? The UI looks great.

https://token.gimmer.net/

Can you explain how it's preserved ?
So you tell me you can only win ?

It depends on what bot you are using since most bots offered things like how you will set up your bot like how high or how low or when to stop and when to continue. Actually there are some good bots offered here on this forum and the most trusted one is Gunbot since there has been a lot of feedback about winnings and most people who loss some money there is because of doing something wrong about the setting. Anyway, Gunbot hasn't paid me anything for this and I know that bot is expensive but it worth it.

 From my personal experience ,i think the best BOT is Xchangerate robot-  www.xchangerate.io.  It has some incredible features and the best part is that you never lose your money. Your capital is always preserved

My vote goes to ArbitrageCoins Bot

I am sharing with you a technology that is unheard of many in the trading world!  A system that will enable you to have a serious profits without a single losing day and the best part is it’s on AUTO-PILOT.  You do not have to know anything about to make a killing in the market and it is all done hands free. Wondering what am I am talking about? 
 
100% AUTO CRYPTOCURRENCY ARBITRAGE BOT
NO More manual trades
NO More looking at charts
NO More technical studies
NO More fundamental analysis
NO More speculations   
This amazing software gives you 100% win everyday
TRY IT FOR FREE
 www.arbitragecoins.com

What do you say man ?
We have 4 computer scientists in our group, 3 of which have awarded a Ph.D.
Lots of sophisticated algorithms are  implemented and the admins usually share best of them after
confirming with group's technical analyst !

Here is our channel and the signals
Every thing is transparent
You can check every signal on the chart to verify the results.
I am sorry for those who say something without a background knowledge
Our experience of 2 years of data analysis is turned into a tool which we've shared
freely for now.
For more information you can join the following channel



Pump/dump detector, price predictor and auto-trader robot Trial version....

https://t.me/BitWatcherTrial

For me i just like BitConnect but you can get you capital back in almost a year (it can get low depends how much you will invest).

I do not trust any Bitcoin bots, but you can check this list here: https://themerkle.com/top-6-bitcoin-trading-bots/ I recommend you do the exchange for yourself directly, here I have placed the different exchanges https://bitcointalksearch.org/topic/cryptocurrency-exchanges-markets-list-2229360

i read this post now in order to get in touch with this topic:
So in general your are not very amused about Bots for Trading...

What do you think about this?
https://www.haasonline.com/

MalairteBitcoin.com
what for they ask to enable withdrawal in api?  Quote from their FAQ - Click on Add New Key. Turn on Read Info, Trade Limit, Withdraw. Enter your Authenticator Code from Google Authenticator and then click on Update Keys.
isnt it strange?
https://bittrex.malairtebitcoin.com/img/layer-key.png

if i do not allow withdrawal - i get error where i see it tries to withdraw 0.01 for EVERY! activated by default coin - a lot of activated coins!!! to 1Ed3Y63cUTctw36YY4Gqr69BxkDBXPcd8u

any explanation?

I would recommend you not to use BOTS.. just put a limit order and make your own research/thinking.. don't trust a lifeless thing (robot) with your hard earned money

Bots will steal ur money