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Topic: Will it working? - page 3. (Read 1957 times)

hero member
Activity: 1414
Merit: 505
Backed.Finance
November 10, 2016, 01:11:15 AM
#6
I did not try to used a bot also but I believe that from time to time you should monitor also.How about if traders are already dumping? Sometimes other trader are simply made a trick on bot, if the bot is active, they can put simply a price higher that will bot will buy a coin,just to get rid of it.  Grin
hero member
Activity: 2996
Merit: 609
November 10, 2016, 01:00:33 AM
#5
Hi,

I am not new in bitcoin but I am new in trading..  Smiley

And I just want to ask people who have experience in trading:

If I will make bitstamp.net bot which will automatically sell/buy BTC on price changing for example: if bitcoin price change on -10 cents - BUY and then wait until it +20 cents in price and SELL.

So my bot will just buy or sell on price changing. Will it working???

I have ~1000 usd in BTC so I will start from this amount. I know that bitcoin changes price every minute so which is the best percent for changing? 10%, 1% Huh

Give me the best formula for getting profit from price changing generally percents. Should it wait until bitcoin price will change a bit (for some cents) or for a few dollars?

Thanks in advance. I am new on it so please help me.  Roll Eyes
Trading bots are not bad hence they  would really help you  to automated  trading but its  much  better to make  manual  trading   rather  than  on automatic because   you would surely  learn  up things  especially on bitcoins price. As  you trade for  long you  would really  understand  it, YOu  have  enough  amount on starting  trading to bitcoin  but  price  doesnt  move that fast  on daily basis sometimes it  takes  weeks or months  it really depends on the  movement  of  bitcoins price.
hero member
Activity: 1148
Merit: 504
November 10, 2016, 12:17:30 AM
#4
I have not used a bot before in trading. What I do is I set up the target for buys and sells. It will automatically execute if it hits that price. I think you should also consider the fees when you make the calculations on setting up your bot.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
November 09, 2016, 10:23:13 PM
#3

Using bot are not efficient, and that's can't for urgently taking any act for you. Look at the margin and get your standard price, I guess this need to be lower than the price of the current market.

The golden thing is patient, I doing it the in trading alt coin, if you can buying the bitcoin as you can see the alt price are got green. Bitcoin will get affect caused by the green alt, and you will get bitcoin at red, and that's the best timing for buying some, but looking at the statistic, I guess there is a little pump in next day. It needs a lot of
legendary
Activity: 1526
Merit: 1001
November 09, 2016, 04:48:37 PM
#2
There is nothing for sure that you will get profit or lose your bitcoins but I think that you should first calculate the exchange fee and estimate a small profit but I would think about cents because basically you will work only for the exchange.
full member
Activity: 146
Merit: 100
November 09, 2016, 04:37:42 PM
#1
Hi,

I am not new in bitcoin but I am new in trading..  Smiley

And I just want to ask people who have experience in trading:

If I will make bitstamp.net bot which will automatically sell/buy BTC on price changing for example: if bitcoin price change on -10 cents - BUY and then wait until it +20 cents in price and SELL.

So my bot will just buy or sell on price changing. Will it working???

I have ~1000 usd in BTC so I will start from this amount. I know that bitcoin changes price every minute so which is the best percent for changing? 10%, 1% Huh

Give me the best formula for getting profit from price changing generally percents. Should it wait until bitcoin price will change a bit (for some cents) or for a few dollars?

Thanks in advance. I am new on it so please help me.  Roll Eyes
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