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/biz/ - Business & Finance

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2788778 No.2788778 [Reply] [Original]

Any experience with bots?
There are free ones reviewed and advertised on YT/vimeo but do they hold what they promise?
Heard bitcoin robot has a free trial but can't find anything on their website

>> No.2788947

Bump for experiences, recommendations

>> No.2788979

I had many bots, but most of them become unprofitable in a while.

It's weird, because it seems that the market "learns" your technique somehow (just hpurs)... maybe others bots react to the market to make it more efficient, I do not know.

I remember I created a very profitable bot, but I got scared of it because it made me lost money in a bearish time. However, it was pretty good for a bullish time and it just was using very basic data, just proportions on the change in the day, hour and week

I'm trying to make a profitable bot using beural networks but my laptop is slow and it seems forever to train it. Maybe I'll have to save some cache and learn a lot more about neural networks tech.

>> No.2788995

>>2788778
Nice all lowercase id

>> No.2789011

>>2788778
It's like people selling schemes to make 5k USD a month while staying at home and working an hour a day.

If it worked, they would do it.

If bots worked, they would put their entire money on it, and wait.

To share it lowers the effect, it would be counter productive.
I know it's one of those thing that _you want to believe_, but it's not as good as it's said.

>> No.2789041

>>2788979
>>2789011

Cheers for the honest feedback.

What about those p&d detector bots? A guy is selling one in the topdown slack group but there are free ones advertised on youtube and vimeo etc.
Anyone tried them? Bit scared with random downloads

>> No.2789049

>>2788979
>>2789011

Also I thought thw bitcoin robot would be dodgy as they say it makes $380 a day... that is a bit too good to be true

>> No.2789235

>>2789041
You may find it funny, but some of the most profitable bots I created sold low and bought high, but only considering hourly change. I think it works because prices males a "hook". -- Thanks /biz/!

>> No.2789243

>>2788947
>>2788979
Bots only work well when the markets are bullish.

>> No.2790284

>>2789243
Not my bots, unfortunatelly. I have a lot more to learn anyway.

>> No.2791178

>>2790284
There is a p&d detector advertised on vimeo. Running it in a VM for a couple hours now it actually seems alright. Not sure why someone would share it for free though

>> No.2791670

>>2791178
sauce plz

>> No.2791684

Bots only work if you know where to set the buy and sell margins based on support and resistance and when to pull your dick out when a bearish trend starts.

>> No.2791809

>>2791670
“free crypto bots“ was the channel I think. Downloaded an excelsheet from it. It is closed source so I run it in a VM but it seems to only request API data from bittrex. Still, stay suspicious anon. It's from an unknown source after all