Are you using a trading bot?

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Are you using a trading bot?

I’m using BitUniverse’s Grid Trading Bot, and I think it’s really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it’s totally free and supports 20+ exchanges like Binance. Any more bots are you using?

Lakshitha Kumara Answered question July 23, 2024
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I use a Gunbot, i highly rec it. It works as it should. It works simple, it buys and sells at %1 profit. There might be days with no trades.

The secret with a bot is only trade coins that you believe in. That way if you get stuck holding a bag its ok. Also if you only trade coins you like you can increase the amount of $ it trades.

If you feel like gambling you can even for example set it to buy $100 worth of Litecoin, even if you only have $1000 in your Binance balance. And set it to trade $400 of BTc. If it can successfully buy and sell $400 of BTC thats $4 profit. I think the mistake of many people who use it is they set the trading limit to very low numbers like $.50 cents. Run it 24/7 and it will work the best. You can lose money manually trading, you cant lose with a bot.

Lakshitha Kumara Answered question July 23, 2024
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