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Trading bots
 

Anyone play with the bots on binance?

Gonna give it a bash for few weeks, some are showing upto 500% return annually

Re: Trading bots
 

And how many are showing losses?
Don't think that you can only win here and don't gamble (and it IS a gamble) more than you can afford to lose.

Re: Trading bots
 

biggest exchange in the world didnt get that way by making everyone else rich. Lord CZ is the biggest capitalist in crypto

Re: Trading bots
 

The bots are not perfect. They can earn but also can lose your money

Re: Trading bots
 

Always a catch 22 - it's not so simple...have to be prudent OP

Re: Trading bots
 

I was making 3% using the bots while the ****coin pumped 10%, tried a few others which made 1% but for the amount of trades it was putting through the account i couldnt be arsed with it so cancelled them.

be interesting to see how it would have worked during the dump this week as one of my ****coins is down 20%

Re: Trading bots
 

What is the best platform to trade on?

Re: Trading bots
 

Buy when nobody talks about it, sell when its hyped.
If you gonna be a trader, 100% of your time and focus goes in to it.
The stats are clear, 95% of traders make less then a macdonalds employee.
You better bring your a-game, or just invest and forget about.
If your not serious about trading crypto, its just like gambling, and the house always wins.
I lost 8k on this little hobby. Its just not for me.