You Might Be Exchanging Bitcoin With Trading Bots and Not Even Know It

5 stars based on 56 reviews

After using the robot for a while, i think that its way more efficient to buy bitcoin and leave them as using this robot, or trade manually! I love the idea and the concept of bitcoin and already digged into wallets and addresses, paper wallets, online wallets and all that stuff. Its quite exciting as i really see here an invention, which most likely will take on the internet and change the way we transfer and handle money on- and offline!

There is a nice calculator about the potential price of bitcoin, when its adoption increases. I may will write more in the future about some useful bitcoin tools i discovered, but for today i want to talk about the bitcoin trading robot. As some of you may have seen the buzz about btcrobot.

So i had to change it to another one of mine. So it took a week of talking to the very friendly support to get all setup. The robot made until now a few trades, over the course of a few days and made maybe some few bucks. I will move some more money there in the coming weeks and see what happens.

I would prefer if it makes more small trades, as in the time active were a lot of small ups and downs. They could definitely improve the interface, show more analytics data, like trends etc. I also would like to be able to see the date when the trades where made, currently it only shows the time and this can sometimes be from previous days.

The good thing is, that the in the account settings, nobody can change your e-mail address, so you can always reset the password. I also hope that i probably will sell the second license on ebay for much more, maybe in a year from now.

So if you have some money left over, or even a big chunk, then i would definitely recommend you put it on btc-ebuy a gold license and see what you can make with it. All the links to the btcrobot site are going trough my affiliate link, as i wish to get some percentage, when one of you decides to try it for yourself i guess you would do the same.

UPDATE After using the robot for a while, i think that its way more efficient to buy bitcoin and leave them as using this robot, or trade manually!

The Robot As some of you may have seen the buzz about btcrobot. What they could improve They could definitely improve the interface, show more analytics data, like trends etc. Disclaimer yeah for this post i need one: So far so good.

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A service that monitors crypto markets and notifies you when a crypto asset gets an unusual amount of market action. CrytoPing signalling bot can be used for free, but extra features are available for subscribers.

You can turn subscription on and off at any time. The bot becomes subscription-based. Subscription fee will be charged daily.

Users will be able to deposit tokens easily from the dashboard, and withdraw unused tokens at any time.

Primary candidates to be added to the bot are Cryptopia and YoBit, others will follow. New features for managing signals from different exchanges will be introduced. Discord and Slack version of the bot are released and website notifications are enabled. Both individual users and online communities will be able to use the bot on their favorite communication platforms with ease without switching to Telegram.

Any user can become a public trader. Public traders track their trading results and recommend individual bot signals. Users will be able to compare results of different traders, follow them and receive their signals. Following a trader will require additional daily subscription fee. Winter , updated in April The bot gets augmented with tools to track and analyze news and social media posts about cryptocurrencies. That kind of data will increase signal precision and determine the interest towards certain assets and projects which might not be listed on any exchanges yet , and to some degree forecast the price movements.

Development paused, details available in our blog. A mobile app for investing based on bot signals is developed and released. Users will be able to add their API keys from exchanges, receive and filter bot signals right in this app and open positions by signals in one click. The app will buy cryptocurrencies and relist them using user-defined settings. Development is underway, Android app release planned for Q2 Algorithms powering the bot will substantially change from predefined heuristics to a neural network, designed and trained to analyze market data and social signals together.

This allows for intricate analysis of cryptocurrencies including specific exchange quirks, different timeframes and indirect factors. Investing App receives new feature — ability to allow it invest by signals automatically without user prompt.

New settings will be added to allow users to design their auto-investment strategies and limits. Some cryptocurrencies may follow classic TA principles, especially those with large volumes and many traders. At this stage of bot development we begin designing tools to perform TA on assets automatically, and to further enhance the neural network capabilities.

Q4 , first experimental features deployed in April Trades happen on exchanges. Is something off about an asset? Filter assets by whitelists, blacklists or other attributes, like premine. Signal analytics in your dashboard with charts. Early access to new bot features.

Access to other upcoming products by CryptoPing team. Signals are delivered only after all subscribers receive them. Supported platforms Telegram Online. Long-term project roadmap 1. E-mail Discord Twitter Medium.