Post
Topic
Board Altcoin Discussion
Re: Crypto trading based services
by
ClvrGmr
on 06/08/2019, 22:37:16 UTC
I have found a project named SmartBotCoin.io which offers crypto trading services to minimize the loss while trading. Considering the fact that most of the traders don't follow strategies and sentiments of the market while trading and end up losing due to the volatility in the crypto market. Backtesting and sentiments play a major role in the crypto market, many times we see coin goes up or down simply because of news.  It tackles all the problems that a crypto trader face. It's having features like backtesting so that a trader can put some algorithms and backtest strategies for a positive outcome. It also provides sentiment data on the crypto market to make informed decisions. This project is quite a huge step for crypto traders don't you think?


I have never heard of this bot. Do trading bots actually help you make profit? I don't see why someone would use a bot (just because it is automated?) since they don't have control over what will take place next. I mean when trading manually, you have full control on what to do and change your "strategy" at the very crucial moment.
Anyways, I would suggest people to be safe when using a bot. It's a big no no if you have to download anything to use the bot.

Well there are certainly many pros and cons to bots actually but I think what makes this "SmartBotCoin" different is their live feature. It is very useful on making instantaneous decisions and short term choices. Though i don't have much experience in bots, it is not bad to try right. Also I think it is not that expensive and you can start with small just to try.