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mark_whaleSenior Member
Posts: 238 · Reputation: 968
#2Jun 9, 2019, 12:42 PM
Interesting
How about a free trial for the pro version, just so the users can get a full taste of the product they are going to subscribe for? I am mostly looking at the part of the bots that isn't available to the free version
You should also add support for more exchanges?
Why are some of the bots showing that they were launched over 3 years old, yet you just launched the website recently?
degen_nonceFull Member
Posts: 134 · Reputation: 434
#3Jun 11, 2019, 03:10 AM
And you think there is transparency there?
On a normal circumstance I am not a fan of bot instead I would prefer doing normal trading than having to use a tools that I didn't know how it's built. Who knows what happens connecting exchange account to the bot? Again, op has been developing it for over 4 years and launched it then come to announce here. Usually it's hard to trust newbies especially when they are not reputable or spent time over here.
its_cipherSenior Member
Posts: 190 · Reputation: 1319
#4Jun 11, 2019, 07:12 AM
- No mention about the algorithm behind the bot.
- No performance track of the bot is included.
- NOT an open-source based.
This could NOT be a right way to introduce your bot to this community.
Prove to this community how your 4 years of hard work helped you to crack profits with your bot. And other than that, what we could do if you take a decade to code and design a bot? Do you think that if you mention like longer period of building your project will help you to gain more reputation but I doubt, that will work in other way.
ALERT: Potential Scam attempt
NEVER link your exchange with unknown and new sites/bots. They may steal your credentials and then your coins.
After reading this, I'd say thanks but not thanks.
The same thoughts that I have. Why will I link my exchange account to a bot that I have never known of and even a website that's just launched. While OP is outside and probably won't ever come back again. There are potential users that could try it but don't fund your exchanges and if there are traders out there, use only the reputable bots for your trades.
bridge_2015Member
Posts: 20 · Reputation: 211
#6Jun 13, 2019, 06:07 AM
While this effort shows a sign of strength and competence on your side as a developer but building with a team (or setting up a team) with diverse backgrounds from Web development to marketing, support etc gives more credibility to what you've got there. Although connecting my exchange to third party sites or but is a no, no. But I commend your efforts. I'm sure they'll be users who'll love to try.
Thats quite impressive! Launching a full trading automation platform solo is not an easy task. Respect for handling everything from backend to deployment on your own.
I like that you clarified you dont hold user funds, that definitely builds trust. Ill check out Psyll.com and see how the flow looks. Curious though do you also plan to add customizable strategies, or is it signal based only for now?
Thanks, I thought that you'll never come back. Because there have been a lot of services like yours that have been posted here once and the OP/creator of it never came back anymore. Well, this can make your service known if you're conversing and active on this thread but don't expect that many will believe you at first. Also, don't post each of your reply. You have to merge them all on a single post. A mod might do that when found this thread.
So, have you fixed that problem? How much have you made in trading with this bot of yours because I believe that whatever profit that you made was temporary and how many trades have you carried out with this bot that was successful. Can you show us proves. I have to doubt whatever anyone tells me online about making money with some self made bot because it can be a tool to steal sensitive information or get infected with malmare. If someone can get infected with a malware from a video call and his entire crypto investment was drained. It's possible too when you connect your exchange account to the bot whether there is fund in your account or not. Your device will be affected.
Are you really ready to connect an exchange account via the API to the platform presented here by the newcomer? It should be remembered that having a key with trading rights, can easily wipe out exchange balance.
I wrote that when connecting an exchange account via the API to the platform, if desired, you can use the user's account to open an order at a bad price, and your account to sell, thereby zeroing the user's balance and getting a profit for yourself. Don't you know that?
alex_shardSenior Member
Posts: 200 · Reputation: 979
#12Jun 16, 2019, 02:02 AM
I do not even see what will motivate me to put money in that platform because I have seen lots of such systems failing and causing people unimaginable losses. trading is better done a lone so that someone can take full responsibility of the trade. At best, these auto trading will work for sometimes before they start malfunctioning and draining people money.
I'm just warning the forum participants about the risks of connecting an exchange account via an API to an unknown platform. I can also say that setting up the API key correctly requires certain skills in order to minimize risks. Having been warned, they can determine the risk/reward themselves.
CyberFalconFull Member
Posts: 167 · Reputation: 738
#14Jun 16, 2019, 08:18 AM
While reading your post, I thought you made something new and unique. But eventually you found you have created something that has already existed on the market for a long time. However, your web apps feature would be different from others; until someone uses and reviews it here, we can't say anything about it. I am not a fan of automated trading since I am not a regular day trader.
However, I would advise using this automated trading system with caution since it's totally new. Though it doesn't hold the funds, you have to connect the API key. If the system doesn't work properly, then you might lose from the trading as well.
I agree with review situation. Someone needs to start using it and explain to us what kind of result they got before anyone would consider to use it, and that's the dilemma of a new project. Because nobody wants to risk their money until someone else does, but if everyone stays away until they see results then that means we will get nothing.
Plus, you can't have some newbie account to test it neither, because it would be suspicious, so we would want like some legendary account or some hero member that has been active to test it and see if it works. If that would work then we are going to see if it's working. Then, and only then, if that person says it's profitable, we will see more people join and then more and more as long as it keeps making profit to people mostly.
block_hashFull Member
Posts: 108 · Reputation: 698
#16Jun 17, 2019, 02:36 PM
As seen on your webpage, you are still in beta. So yes, free trial should be offered as traders would want to know their experience first before sending any penny to your platform. You may be saying that you haven't encountered this kind of service because it is your platform of course. However, traders need to know first hand about your offered services.
Would be nice if some traders are indeed vouching your services. Because if not, would be hard to believe about the quality of your service, even if it is unique and different from the existing trading platforms. The more client vouching you, the better for your business.
wallet2018Member
Posts: 53 · Reputation: 235
#17Jun 19, 2019, 06:12 AM
I doubt real traders will risk their money for this kind of bot who does not have any trust or does not provide transparency about the signals. It might be difficult for OP to get these vouches from real traders. Yes, new traders might want to give it a try as one way or another, they will be looking for things to be easier to start trading with and start earning easy money. OP himself should be an experienced trader if he has launched this project in 4 years (which is a really long time btw).
If you don't mind, OP can you show some of your previous trades or maybe results from your bot just to make sure you are not just bragging the accuracy. Also I would like to know how does your bot work? Does it use AI to analyse previous trades and create future signals or are you manually updating the bot on a regular basis to understand the current markets?
LuckyOmegaFull Member
Posts: 53 · Reputation: 263
#18Jun 21, 2019, 01:29 AM
Personally speaking, to me the risks are not worth it, so I would avoid using such trading tools/platforms. In my opinion, the risks are far greater than the benefits themselves. So I would strongly advise everyone, do not rely on such platforms (not particularly this one, but any tool that claims to be a perfect solution for trading), especially if one is a new trader and not an experienced one.
As for showing results and test trials, I agree! Maybe, that'll probably attract and convince users on using their platforms. But again, NO from my side, because I don't trust them and their reliability.
Btw OP came and disappeared. Fyi, the site is not accessible from my end anymore.
Simone that has to do it must be willing to sacrifice their account you know. Some years back, I can't recall the exact year but I remembered Binance was exploited through API and ever since then, they don't allow any platform to use their API again, they have disabled it after 3comma lost traders money that year. I remember following that incident because I was interested in trading that time until I switch to buying and holding, it wasn't too profitable to me.
I am of the opinion that this kind of things should be allow through demo testing. Exhanges has ways they allowed demo trading that happened in real time. This should be tested through that means, at least the exchange may allow API integration through API testing with demo and then from there, traders can know if the platform they arr using is safe for their funds, if the platform is secure and if the functionality are working properly. It will help developers get accurate feedback.
I tried to access the website, but it's down for maintenance. It's a shame because I'd like to learn more about the service. Regarding the distrust of some users, I think it's normal; after all, who would trust their account access to a stranger? But I'd also like to add that many services offered here on the forum were also offered by strangers until they proved themselves trustworthy. If your project is serious, and you want trust, it's best to find a more professional way to present it. Please provide us with more information. After all, you've been developing it for four years, and you've certainly tested it. Showing the data collected, and the results obtained from the tests, would be invaluable to future users.
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