Simply put, people, in this case, investors, would rather have opportunity over charity. And with an ever-increasing number of cryptocurrency-related platforms emerging in this booming sector, combined with the non-stop day to day price movements and volatility, it can leave most part-time and full-time day traders frustrated to compete. Whether a lack of knowledge, insight or timeliness ultimately required to make magic happen within the market, humans are full of emotions, biases and prone to miscalculations that can jeopardize results.
Strategies for Trading Fibonacci Retracements
Despite the high side, sadly cryptocurrency bots have disadvantages that can make you shun them. There are quite some cryptocurrency bots and finding the right option may seem next to impossible. In additions, the market is also infiltrated with potential scams acting as crypto trading bots.
18 Best Bitcoin Trading Bots (2019 User Guide)
ProfitTrailer is available on Windows, Mac OS, and Linux. You download the software, then use it on any internet-connected device.
This bot supports following crypto markets – Gemini , Quadriga , Bittrex , Kraken , Poloniex , and GDAX . Work on further exchange support is ongoing. According to the GitHub page, Zenbot makes a ROI in just three months. This is quite surprising.
Another nice thing about ProfitTrailer is that there do not appear to be any additional fees: certain other automated crypto trading bots charge monthly fees and additional trading fees. ProfitTrailer seems to only charge monthly fees, although you’ll still have to pay any trading fees charged by the supported exchanges.
Wiki and Tutorials: ProfitTrailer has a surprisingly large Wiki and hours of video guides. A total of 55 online video tutorials explain everything from the basics of crypto trading to advanced buy and sell strategies.
HaaSOnline Trade Software has fifteen bots to choose from depending on how much you want to spend on the software. These are also broken down by how often you trade. For the most basic you will want to look at HaaSbot .
Cryptocurrency can be a high-risk, high-compensate game for those ready to deal the unpredictability. How might we use AI to enable us to make predictions about Bitcoin 8767 s future cost?
You can also use CryptoHopper for mirror trading, copying the trades of other successful traders and feeding those strategies directly into your own hopper.
With so many people relying on top crypto trading bots, the question becomes which one should be avoided and which one can be trusted. Below is a list of best cryptocurrency trading bots.