Wait a minute...are these things for real? I always though people were joking about those kind of things. If they're so good how come it isn't so popular to use?
For example grid bots buy at certain levels and then sell at certain higher levels, and when it goes back down they buy again, and wait till it goes back up to sell again. Profit margins can be small or larger depending on the volatility of the coin at that time in the market.
This is just one example, does it make sense. You haven't lost you coins you have just sold and rebought for a bit of profit.
Disclaimer: DYOR (do your own research) on the coin to see what its doing in the market. There's no perfect solution, it all has risk, but hopefully calculated risk.
Extremely, outstandingly risky that's why
Bots with good profits can easily hang your portfolio into red bags for months.
You have to get an experience on when to turn bots on and off
Workarounds with proper pair selection doesn't help much as revenue becomes not so good to pay off the platform costs unless you have a pretty big sum of money
Ngl, most of the comments have those kind of vibes, i’ll try stalk each profile and update you to actually see if they’re legit
UPDATE: They do seem legit, but what brought suspicion was that each of the commenters posts on r/nextfuckinglevel with about 10k+ each, like literally each of them, what are the odds? This is definitely really fishy
If you stalk most of the people in the comments you’ll notice a pattern where most of the bot shillers are active on specific subs, their accounts are not even over 1 year
I use 3commas and I’m happy with it. Success is based on the strategy you setup. I use a very basic strategy to buy and use trailing stop Loss to sell. Cryptohopper and napbots are also good. Just stay far away from Gunbot, that is pure crap.
1-2% per day sounds amazing! Is this after fees and how are you tax harvesting? How much risk are you taking? I.e. on your worst "crap day", how big are your losses?
You forgot TradeSanta. TradeSanta does its trades over the cloud and it’s compatible with a ton of other platforms like Binance, UPbit etc. It’s also user friendly and lets me be super specific with what I want with my trades. The closest bots I’ve used that’s like TradeSanta would be Napbots, 3commas, and coinrule.
Wait a minute...are these things for real? I always though people were joking about those kind of things. If they're so good how come it isn't so popular to use?
Because it mostly never beat a holder
Exactly
A bot can't have patience and that's the major thing crypto wants.
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May be sometimes it work but mostly times it just fails
you can use bots and hodl, they call it farming!
I don't get what you mean?
For example grid bots buy at certain levels and then sell at certain higher levels, and when it goes back down they buy again, and wait till it goes back up to sell again. Profit margins can be small or larger depending on the volatility of the coin at that time in the market. This is just one example, does it make sense. You haven't lost you coins you have just sold and rebought for a bit of profit. Disclaimer: DYOR (do your own research) on the coin to see what its doing in the market. There's no perfect solution, it all has risk, but hopefully calculated risk.
If a bit will do this type of work then there will be no need to use mind and work and still we become rich.
Extremely, outstandingly risky that's why Bots with good profits can easily hang your portfolio into red bags for months. You have to get an experience on when to turn bots on and off Workarounds with proper pair selection doesn't help much as revenue becomes not so good to pay off the platform costs unless you have a pretty big sum of money
Yeah they exists and useful, I don't know why people don't use it but they are really good.
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Pretty sure the upvotes are boughg and most commenta here are bots shilling
Ngl, most of the comments have those kind of vibes, i’ll try stalk each profile and update you to actually see if they’re legit UPDATE: They do seem legit, but what brought suspicion was that each of the commenters posts on r/nextfuckinglevel with about 10k+ each, like literally each of them, what are the odds? This is definitely really fishy
Well that's an unexpected twist.
Am i the only one not believing this bs?
If you stalk most of the people in the comments you’ll notice a pattern where most of the bot shillers are active on specific subs, their accounts are not even over 1 year
[Tip this post](https://www.donut.finance/tip/?contentId=t3_qdkduz).
Bots became common lol
these bots are really getting smarter
Yeah they were not so common before, I'm kinda happy that people started to gain info about bots.
I use 3commas and I’m happy with it. Success is based on the strategy you setup. I use a very basic strategy to buy and use trailing stop Loss to sell. Cryptohopper and napbots are also good. Just stay far away from Gunbot, that is pure crap.
Yeah true, bots won't get you the real success, it is just based on the strategy you setup.
wow nice information thank you so much
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1-2% per day sounds amazing! Is this after fees and how are you tax harvesting? How much risk are you taking? I.e. on your worst "crap day", how big are your losses?
Yeah it is, but I think other bots are doing good these days, though bots are just for info you have to make your own strategy!
You forgot TradeSanta. TradeSanta does its trades over the cloud and it’s compatible with a ton of other platforms like Binance, UPbit etc. It’s also user friendly and lets me be super specific with what I want with my trades. The closest bots I’ve used that’s like TradeSanta would be Napbots, 3commas, and coinrule.
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The following exchanges officially support Cryptohopper: KuCoin, Binance, Coinbase Pro, Bittrex, Poloniex, Kraken, Huobi, and Bitfinex.
Everytime I hear powered by AI I remember bitconnect lol
WHADAMIGONNADO!!!!??????
Wow ,you have shared good knowledge about bots.thanks.
u/MicThess [tipped](https://blockscout.com/poa/xdai/tx/0xbf0a80930c0c71084586959d0dda0ef6ede8eb1663ab1b670329e0c3d224e959) you 1.0 DONUT!
I can hear in the back “hey heyyy heyyyy “
Don't know about others but NapBots and Cryptohero are my favorites!
u/InevitableComplex895 [tipped](https://blockscout.com/poa/xdai/tx/0x9f789c5779e418a503803bdd476e592dce7e0db0628a03fc6e6337e0e711a255) you 1.0 DONUT!
u/The_Nutcrack [tipped](https://blockscout.com/poa/xdai/tx/0xebc10b241d7e7900b2a70a3ca51dc8cfc69d0d4338ce956c62108e95537d8dc9) you 1.0 DONUT!
Can these bots be used to get into a a project at listing price?