I woke up today to some sweet profits from this bot. It’s really simple to set up and then you can just let it run by itself.
Check out this video: http://www.youtube.com/watch?v=2at6ZzRIIhc
For more details: http://www.bitcoinsniper.com/trading-bots/
You forgot the disclaimer:
Never install a trading bot that is not open source or from a trusted party:
A trading bot has access to your exchange account and possible your wallet too, so you are basically outsourcing your security to third party.
Trading bot get it wrong or is possible set up wrong as a default. using it out of the box might make you loose money (letting it do it's thing)
That's the point with trading software / platforms you don't know. I have no reason to distrust OP, I'm just telling you guys to be very careful with giving your exchange log-on details to someones software.
totally understand and scary. I just keep enough in the exchange that if i lose it . It would be no big deal. kinda like gambling. I only gamble with money i can afford to lose
A little self promotion? Why don't you disclose that instead of a shady post saying you woke up with profits from "this bot"? Anyone can see you have the same nickname as the website you are trying to promote.
Btw, are you releasing the source code? If not, I recommend everyone stay away from closed source code. No reason to give someone your credentials to money you have on an exchange.
All I said is you were promoting under a false pretense. I didn't mention anything about you being the developer. Isn't it weird the product you are promoting links to YOUR website?
Then I did some research on you.........
OP...you are nothing but a full time scammer. All you do is post for donations for "flags in space" and "Bitcoin Landmarks". After reading your threads it looks like I am not the only one that has this opinion!
https://bitcointalk.org/index.php?topic=441303.msg5121873#msg5121873
https://bitcointalk.org/index.php?topic=441303.msg4850878#msg4850878
https://bitcointalk.org/index.php?topic=441303.msg4863027#msg4863027
https://bitcointalk.org/index.php?topic=441303.msg5066723#msg5066723
(A lot more posted about OP....just didn't want to repost every last one.)
I recommend everyone stay away from this joker. Read his profile to get a better picture of who he is.
totally understand and scary. I just keep enough in the exchange that if i lose it . It would be no big deal. kinda like gambling. I only gamble with money i can afford to lose
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Yeah, I'm quite the same. I don't understand how people can spend really big money on gambling, moreover using bots for it.
The website for this product made me think I was having a stroke.
Also there are links selling 2 and 4 terrahash ASIC miners with photographs of what appears to be the case of a gaming PC.
Absolutely terrifying.
some personal remarks on the use of trading bots:
If you don't have access to the sources make at least sure you run it in a safe environment (e.g. VirtualBox, kvm, vmware), generate a new trading key and revoke any withdrawal privileges from that key.
Or even setup a new trading account for the bot entirely. And as always: don't risk more funds as you are willing to loose.
(Disclaimer: I also develop/sell algo trading software, so expect my opinion to be a bit biased
Giving full access to a untrusted bot is same like giving your wallet to a stranger to "take care of it".
you can probably guess that the funds will be gone in seconds
That's great to hear you found a bot that works for you! Finding a reliable automated solution is always a win.
The landscape of trading bots has evolved significantly since this thread was active. Back then, there were just a handful of options, but today it's a whole ecosystem, and choosing one can be overwhelming.
For anyone else stumbling upon this discussion while researching bots (like I was), I've actually compiled an up-to-date, curated list of the most popular and reputable algo-trading bot platforms. The list breaks them down by:
Supported markets (Crypto, Stocks, Forex)
Pricing models
Key features and complexity
It might help you compare your find with the current alternatives or discover something that fits your strategy even better. You can find the compilation here:
https://scriptalgo.trade/12-algo-trading-bot-platforms-compilation/
Happy (automated) trading!
It will be super easy for individuals who are looking for an easy way to make profits from trading to try out whatever bots that you're promoting, and while they may be in profit, I don't think it is a sustainable way to target making profit from trading because, obviously, before using trading bots, you should first develop yourself to a reasonable extent that you can survive even without the bots because the market is in an ever-changing state. Effective strategies from today may not be as effective as they are known to be tomorrow, and if you have built full dependence on a bot and you cannot adjust its logic of operation, that may signal the end of your trading journey.
This will solve poverty if earning money was that easy. Everyone, even a floor cleaner will save his monthly wages and will invest in these bots to grow profits overnight. I really don't think we should motivate something that makes earning money so easy. Earning money is the most challenging part and it takes way more than just a bot. Yes, maybe your bot might make it easy to identify the entry or exit points but by no way it will be 100% accurate. There will still be chances of loss or even liquidation.
I would personally not believe any such bot and will think twice before setting this bot with my trading account. I would still hesitate even if it is trusted and has a open source code which is case of this bot, there is none so it is a big red flag for me.