Quote from: justdimin on December 23, 2019, 11:14:50 AM

Quote from: Codex_HTML on December 16, 2019, 01:35:51 AM

I am curious if people have had success with trading bots in cryptocurrency.

I doubt about that. Look into this recent real time experience of one of high rank member of this forum here and more importantly this post. The provider had claimed that there was no single losses to them (up to the date I checked them) but honest reviews are saying complete different stories. Bots are not my way of trading. I use few bots for easing my analysis but I do trade on my own.

Quote from: Codex_HTML on December 16, 2019, 01:35:51 AM

I have recently set up a bot and have been astounded by the operability of it. It's actually working lol.

No wonder about its working conditions but the main concern should be about its versatility. I mean is it capable of getting you profits? In consistent manner? Nowadays devs are claiming making use of AI in their bots which may give us positive things but markets are known highly unpredictable by any mathematical formula.

I guess we cannot completely ignore using bots for our trading as devs may bring revolutionary things with their coding but that may give us profits only in short term because when more number of people will be using same bot, again market may become too complex to predict its directions. This could be the reason why bots are not working good in long term.

As the innovation today, cryptocurrency is one of the most profitable coins because the price of it is very volatile that neither can predict nor the future of the coin, but some of them are doing a research what is happening on the future of the coin, and this kind of action makes help to get a hint what is happening to the coin. By the improvement of getting more coin, the developers make a trading bot to their everyday trading those algorithms gets the idea when is the right time to buy or to sell coin it is good too because you don't need to check all the time the rate of the coin but its more risky because if the programmed have a bug or mistakes it can cause loss of income, but it makes it good it gives much profit. It is biased to the people who are making research on their tradings too; today there is a lot of trading bot seeling through online that you can avail.