Quote from: heygeorge on Today at 04:13:53 PM

I am thinking like if I learn to program a trading bot,

knowing programming is only like 10% of the things you need in order to actually start making profit while trading with a bot.
the most important thing you need is experience in trading and ability to be able to speculate with high accuracy. and also know what to do in difference situations.

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- I would try to put limits on loss like 5% then automatically sell the my coins to avoid further loss
- Then program to buy when coin started to raise by 5%
- Put on sell when reached 10% of profit but will buy again if there is a raise of another 5% on the price.

see that is the problem, it looks good on paper but in reality you will face a volatile and unpredictable market. there is a lot of times when they start to pump and altcoin for example but fail that means a very sudden dump right after a small rise. no bot can act that quick (there is delays in executing order, getting the updated price,...)

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If there are people who understands what I'm trying to point out here, do you think would that work? Or the figures are a little bit high already. Just want to get an idea about the limits like which is suitable.

it could work but in my opinion there are a lot of other easier ways to make more money trading cryptos.