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13960955 No.13960955 [Reply] [Original]

Been studying trading bots and playing with WolfpackBots paperbots and getting some good gains; they said it should be .5% more profit than you want because fees arent taken into account for the paper bot.

Does anyone else Bot trade?
What do you use Crypto Hopper (seems to be the most popular)?
Why do people say bot trading doesnt work?

What stats can you share?

>> No.13961066

>>13960955
OP there isnt a SINGLE bot than beat the market default; you'll have to put years into studying trading signals which is still a very new thing for crypto. I have used the Wolfpackbot while its free and am up in USD but not up vs my base pairing ETH. It's a very tricky business.

Crypto hopper is even less flexible and the team came from them nice find though

>> No.13961093

The best strategy is to leave it. If you’re using a bot, then use the bot. Let it do the work for u. Aim for .5-1 percent a day and compound that if you want to make real money.

>> No.13961358

>>13961093
Leave it so you lose money? Why would I leave it in crypto if it plunges? Stop losses ring a bell u dimwit

>> No.13961472

>>13961066
Looks like I aint ready for trading bots yet

>>13961093
I heard that before yeah

>>13961358
I use stop losses for normal trades I would hope the bot would too. In the settings it looks like it's optional.

>> No.13961550

cryptohopper with the right settings (generally paid signals and strategies) and set up for high frequency day trading can net you 1-2% a day easily, but you'll get depressed seeing how much of that you lose to fees. Also like other anons said if you don't have much time to sit on the computer neeting all day then your best bet is to set it so it's making a good profit consistently (took me a day) then leave it, don't fuck with it; the signals it receives have buy and sell orders set so if you're constantly selling or shorting as soon as you see a -1% you gonna lose out.

haven't tried wolfpackbots yet. will look into it but I spend less money on bots these days and more money on muh investments.

>> No.13961582

>>13961358
You don’t need stop losses when you’re using a bot. It buys and sells for you....

>> No.13961618

Are there any open source bots?

>> No.13961700

>>13961550
But isnt .5% a day still a ridiculous amount of compounding a year? Plus WPB has those groups who utilize exclusive strats theyll sell you, Maybe I should just bite the bullet and buy one.

And yes I will never trade with my majority holdings either like my 32 ETH for staking or my 3 BTC for being the .1% when the Golden bull happens..

>>13961618
I dont think so frien. maybe there is but wolfpack is the only one (curently) free I have found that doesnt look crazy bad

>> No.13961747

>>13960955
Listen.
Mining(4k+ usd investment)-->Trading bot--->speculative buys of low cap coins (currently IEOs)

And you will make it anons.

>> No.13961981
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13961981

I'm making one. How should I go an market it ? Via a website where you put your binance secret API and trust me??

How much are you trading with to trust these brokers and these platforms??

>> No.13962000

>>13961981
I'm still optimizing it to reduce the drawdown and the fees... The lower I get these the higher leverage I can use.