Hi Guys,
i have been in the crypto world for a little bit but not to long- bought first BTC end of 2017 begin 2018 (and some Alts as well) and sat trough the whole bearmarket.
Also have i thrown some money into shitcoin ICOs.
Since this bull market i tried trading a little bit (doing "okay" nothing special but its alright) as i have a job where i work often long and @#%*& underpaid hours i dont have the nerve and time spending my spare time infront of the PC to check the charts and do active trading.
Has anyone actually had some good experience with (right set up) trading bots?
If so can you recommend any - that would be nice!
Or have you maybe some warnings about risks and scams.
Thanks in advance for the answers!
Kind Regards
AD
The best and legit trading bot right is the Kucoin bot. It has a DCA and Grid trading which is perfect to newbie traders. It has built in suggested bot setup base on the price history of the coin so you can just use the default setup. So far this is the only trading bot that I know. The rest of the trading bot offered by a random user is most probably a scam bot especially if it is from a newbie or lower rank account.
I've always believed all trading bots are scam and if not, mostly don't make profitable trades. I've had my share of experience with some of these bots and I've concluded that the best thing to do is learn trading personally and not depend on some trading bots. Trust me, many of these bots are made to help you make successful trades.
However, I am open to trying things and I guess I'd just try out the Kucoin bot you mentioned above. I hope I'll find it as useful and profitable as you have recommended.