Quote from: Mpamaegbu on April 18, 2017, 05:01:54 AM

Quote from: mynhpark on April 05, 2017, 03:15:07 PM

Cryptocurrency trading isnt easy, but there are many people who have honed the art of trading bitcoins and altcoins on a daily basis.
Interestingly enough, most people dont realize that many cryptocurrency traders use trading bots to execute trades faster and more
efficiently, and sometimes even in their sleep.

They are called bots because the programs execute trades like humans do, but they do it autonomously and can operate continuously
without having to rest. Trading bots or algorithmic trading is a technique that uses pre-programmed software that analyzes market
actions, such as time, price, orders, and volume.

There are bots that are free of charge and can be downloaded online. Some people have also designed their own bitcoin trading bot
software. Then, there are trading bot services you have to pay for, offered by various trading engine and programming companies.

Would you use a Bitcoin trading bot instead of you?

OP will do the forum a whole lot of good if he can give out links to these FREE bot sites he mentioned.

That said, bots are called robots in Forex Trading and are auto-pilot driven devoid of emotion which is the killing point of trading, be it forex or crypto trading. So, I would say yes I will use a bot if I know it has a great result.

I agree that giving out the links to the bots with source is useful. Personally I don't like bots I can't debug or modify. I've written several of my own simple bots in the past. While they did great, when a huge move occurred they often failed. I think that is a real problem with bots in general. I found BTC too prone to sudden moves to really be that profitable with simple trading strategies.