Ninjastic
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Topic
Board Altcoin Discussion
Re: altcoin trading bots are profitable?
by
el kaka22
on 22/04/2017, 08:11:42 UTC
Quote from: coynedterm on April 22, 2017, 04:29:55 AM
Quote from: freebitcoins4u on April 20, 2017, 06:28:11 PM
hello,

is it worth to invest in automatic trading bot for trading altcoins at exchange sites?

thanks Smiley
If you want start earning through the trading with seriously mind then I will suggest not to use bot , it is because the bot can't understand the fundamental discussion in the market of the money of the particular altcoin .
Bot will work upon the normal technical ways like price prediction through candel graph ,so here bot can't do much more better then what you expect .
If you want real more profit then I will suggest you for the manual trading , Because I myself in the history tried some bot technology in Poloniex but not get much success .
If using bots is the profitable way of trading then I believe each and every member here will be trying cryptocurrency trading, but it is not happening then it means bot trading will be having mixed results as some people are sharing profitable experience and others are sharing about losses.

Instead of spending time and money for finding trading bots, I believe it will be much easier to learn trading skills and trying with manual trading. Because manual trading after learning technical analysis is not that much harder one, everyone can learn & shine in trading if ready to put dedications.