Quote from: dunfida on January 18, 2018, 08:22:32 PM

Quote from: ActionJackson on January 15, 2018, 02:03:18 PM

Quote from: Kambal2000 on January 15, 2018, 01:58:52 PM

Quote from: DevelopmentBank on January 15, 2018, 01:18:15 PM

Quote from: eternalgloom on January 15, 2018, 11:37:43 AM

I've bought a license to Haasbot a couple of years ago and I was pretty happy with it, their licenses aren't that expensive @ 0.035 BTC for a beginners one.
I think I'd made a total of 0.05 BTC profit in the end, but I felt that it would have been more useful for me if I had more technical knowledge of how the algo's worked.

Check it out for yourself here:
https://www.haasonline.com/pricing/

May i ask if you are still using the bot now? I'm thinking that if these bots are actually profitable the why isn't everyone using it yet? And if everyone started using bots like these wouldn't it mean that it would no longer be profitable because the trading pattern would already be so obvious to non bot users?

Personally i'm skeptical that a simple bot without any form of AI can earn 0.1 in BTC, especially with how volatile the market is. One bad trade and you could already lose a lot even without bots.

I am thinking to purchase too, but I cannot purchase since it really costly a lot, and I don't have yet enough fund for it, I hope that I can purchase it soon, so I can start and can change my life just like others. I have some friend here in our country who bought bot the time the price of bitcoin was still low and now they are benefiting a lot.

Dont forget you still need some money to trade with and you might loose it all under certain circumstances like bear market or maybe some wrong configurations from your side.

Bots would really still need to be set-upped according on the users knowledge which it would really entirely dependent on the configuration that you would made.This is why thinking off that using bots are profitable then i dont think so. I agree that some of them do have high prices for rich people then those amounts wont be nothing but for us casual traders which do have average money on pockets will surely hesitate.

No matter what set-up you do with it, it can never ever predict every rise and fall of anything. It is not a magically machine that can predict the future, it will still have its flaws and could probably lead to losses. First of, most bots will never sell unless you set a certain percentage loss on the coin it bought. However, problem is, if for example you set it to sell once it loss about 20%. This becomes a problem, since in crypto, a sudden 20% loss is normal, so it could potentially lose you money.