Post
Topic
Board Trading Discussion
Re: What is the best Bitcoin robot?
by
davinchi
on 13/01/2019, 16:43:03 UTC
Never believe into any trading bot. Because they are all just pre-programmed codes for certain market conditions and they will never react for your new condition as market is always known for unknown things. In my opinion, trading with bots is very much similar to gambling.

Because, you are believing in to someone else's skills and programming knowledge but not definitely on your trading skills and analysis. It is always proven if you go with the help of third party (in any form) for your trading, results may not be up to your expectation most of the times. Believe into your trading skills and if you are no confident on yourself then go for learning and practicing new techniques. Without that, trading with the help of bots is very dangerous for your capital one day or other.
That must be true. Trading bots may not produce consistent results like how human brains are usually adopting new market conditions and situations. Regardless of these, I'm seeing a lot of people are going for trading bots and such bots are all being advertised in this forum more frequently. Probably these people are using bots for some tasks but not at all for making decisions on buying and selling.

We cannot be sure about making profits for all the times by using bots but I have some traders are using bots time to time along with their usual trading and they are able to manage into crypto trading for last 2 to 3 years.