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Trading Bots: SCAM or Legit? What You NEED To KNOW! πŸ€–



πŸ“² Insider Data in my Socials πŸ‘‰
πŸ›’ 3Commas: 50% Off & 3 Day FREE Trial πŸ‘‰
πŸ‘• Verify Out My Merch πŸ‘‰
πŸ”₯ TOP Crypto TIPS In My Publication πŸ‘‰
πŸ“Ί Kucoin Step-By-Step Information πŸ‘‰

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– TIMESTAMPS –
0:00​ Intro
2:06 What Are Buying and selling Bots?
6:22 The Reality About Bots
10:51 Why Use A Crypto Bot?
13:07 Shrimpy
15:37 Kucoin
17:34 CryptoHopper
19:46 3Commas
23:11 Remaining Ideas

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🦾 Get Your Crypto Bot 🦾

β–Ί 3Commas – 50% Off & 3 Day FREE Trial:
β–Ί CryptoHopper – 7 Day FREE Trial:
β–Ί Kucoin – FREE Bot & Up To 44% Price Low cost:
β–Ί Shrimpy – High Portfolio Administration Device:

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❓ What Are Buying and selling Bots? ❓

They’re merely automated buying and selling algorithms and software program that assist purchase and promote numerous cryptocurrencies in an automatic means.

Nonetheless, there are three foremost varieties of crypto bots on the market that you must find out about:

β–Ί Sign generator bots: These make buying and selling selections based mostly on ideas by so-called β€˜specialists’ or a pc program that’s fed information and churns out purchase or promote indicators.
β–Ί Arbitrage bots: These basically purchase a selected crypto on an change with a low worth and promote it on one other change which has a better quoted worth to generate revenue.
β–Ί Lastly, you may have bots that commerce in your behalf with a set of directions you may have given it.

A lot of these kinds of bots provide options like backtesting to assist optimize your buying and selling technique.

πŸ’‘ The Reality About Bots πŸ’‘

Many individuals are drawn to crypto bots as a result of they love the thought of earning money of their sleep. I don’t blame you.

Nonetheless, the reality is that they’re something however cash printers!

Many signal-driven bots are only a method to fleece you for cash. Give it some thought; if the indicators have been so good, wouldn’t the sign creator maintain them for themselves?

Then you may have rip-off bots which promise you assured returns. That ought to set off alarm bells. Then you may have others that ask you to ship cash to a dealer or unusual place.

The purpose is there are lots of wolves promoting crypto bots. So, watch out.

Even in the event you do use a legit bot and also you devise a successful technique, you’ll nonetheless have to speculate time in refining it to account for various market situations. You received’t sit there on a seaside for many years laughing all the best way to the financial institution.

πŸ€– Why Use A Crypto Bot? πŸ€–

Watch my vid. Right here I clarify all of the the reason why I personally use a crypto buying and selling bot.

4️⃣ Shrimpy 4️⃣

This social portfolio administration instrument was established in 2018. Sure, it doesn’t provide any indicators. But it surely does provide spot buying and selling, portfolio monitoring, technique automation, backtesting and sensible terminal buying and selling.

The 2 options that actually stand out to me are longer-term portfolio administration instruments which automates issues like portfolio rebalancing, dollar-cost averaging and cease losses. Then you may have the social buying and selling function which lets you copy the trades of the highest merchants on the platform.

3️⃣ Kucoin 3️⃣

Sure, most of you’ll know Kucoin as a high change for unique altcoins. Nonetheless, what many individuals don’t know is that in addition they provide a plethora of free buying and selling instruments too.

That features issues like preset buying and selling methods, greenback value averaging, traditional grid (that will help you promote excessive and purchase low), dynamic portfolio rebalancing (so you might be by no means too uncovered to a single place) and way more.

Over 2.5 million bots have been created on Kucoin worldwide – so yep, there’s a literal buffet of choices right here. Even higher, these instruments are completely FREE!

2️⃣ CryptoHopper 2️⃣

CryptoHopper gives assist for a whopping 100+ cryptos on actually each change value having an account at.

It gives knowledgeable buying and selling instruments with out the necessity for coding abilities. That even contains superior buying and selling stuff like market-making and change arbitrage. Sure, in addition they provide options like backtesting and trialing options that will help you purchase and promote extra effectively than earlier than + paper buying and selling to check these new methods you’ve developed with no danger in any respect.

1️⃣ 3Commas 1️⃣

This is among the hottest buying and selling bots on the market. There are a ton of actually helpful options, paired assist for 23 completely different crypto exchanges. Simply watch my vid to seek out out why I personally use 3Commas as my buying and selling bot of alternative.

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πŸ“œ Disclaimer πŸ“œ

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary, authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who is just not a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any explicit consequence.

#bots #crypto #buying and selling #scams #3commas #cryptohopper #shrimpy

Source: Coin Bureau

32 Responses

  1. Just checked out Kucoin – Don't bother, it has some really bad reviews.
    Mainly about 'tech issues' where people can no longer access their account.
    Got to say I'm a little disappointed Coin Bureau, I trusted you more than this!

  2. Thank you Guy and Coin Bureau!!!πŸ˜€ Great video as alwaysπŸ€“πŸ‘ i recently bought Tera Block Tokens. Next mounth should be alfa lounch its a bot with AI. I would appreciate if you would check that out. As i undrestand it should be the firts of its kind. Thank youπŸ˜€

  3. Dear Guy you are one of my favorites on youtube. So thankful for your hard work. Curious that Gubot is no longer featured on your list, whereas on a previous review of Bots they were in 2nd place if I'm not mistaken?

  4. One thing as someone who has used KuCoin's DCA bots, they suck compared to my 3commas DCA bots, the Kucoin bots just buy on timed intervals you set from once an hour to once every couple weeks. Which unfortunately leads them to average up your buys on occasion whereas the 3commas bot will buy based on whether or not the price dips down enough to trigger your safety order which means it never averages up. I chucked $240 in both DCA bots to compare them and over the past month the 3commas bot made $40 and the kucoin bot made $20.

    Now that's not to say that kucoin's bot is worthless it could be very useful to someone who's committed to buying & hodling a certain amount of crypto every month instead of FOMOing the $300 you've committed on the first of every month you can use this bot to slowly drip out buys $10 a day and not worry about accidentally buying the top by yoloing it all in at once, you are going to average your buys out and get more crypto bang for your buck.

  5. If you are interested in using trading bots check out Upbots $UBXT
    It’s a algo bot trading platform that will also offer copy trading similar to Etoro but for crypto ;). They have a token on Uniswap and pancakeswap. Staking is available on their platform.

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