Can crypto bots make money for you?
It's a very common question that a lot
of our readers are asking and I'm here to
tell you it works,
testing a lot of crypto bots as a hobby
and as my need to discover something
cool and interesting.
And here I'm going to share some of the
crypto bots that have been testing and
some of them are working and also we'll
share some of the nitty gritty that you
need to know to avoid losing money
when you're using crypto trading bots,
right? So there are different kinds
of crypto bot software out there.
Some of them requires you to have
certain trading skills before you can use
them. Some of them are really advanced,
which is ideal for the advanced user who
wants to automate their crypto trading
strategies. And then there are a
few which trade on your behalf,
it's completely autopilot. However,
one thing is common among
all the crypto trading bots.
You never give your cryptos
to them. You basically,
your crypto stays in your exchange.
Only you connect with this crypto
bot software using your API key.
You do not give permission to withdraw
your cryptos so that ways your cryptos
are safe. And then these
bots trade on your behalf.
Now you need to understand that
a bot is as good as the master,
as the person who is coding it.
So there are chances that
in certain markets scenario,
this crypto bot can give
very unpleasing results.
So this is a risk that you
should be aware of. Now,
the hardest part is to find
a crypto bot that works,
and then there are different
many different strategies
that a lot of different
bot users. Now you need to
find a bot which works for you.
So I'm going to share some of the crypto
trading bots that I've been using.
And some of them,
I feel like I'm pretty comfortable using
them and they have been bringing some
really good results. So without
further delay let's guide,
let's check out some of
these crypto bots. All right.
So the very first one is three commas.
3Commas has been around for many
years and is one of the most
popular crypto trading bots out
there. They have three trading bots.
There are two which I have played with
and I found them to be very profitable.
One of them is GRID bot. Now,
GRID bot works in the sideways market
when an instrument is in a particular
range.
And what it does is it basically
scalp the grid to create profit
for you. Now, in my research, I've,
I've been getting return of 1% every
day with grid bot. Another bot,
which is very popular on three
commas is the DCA bot and
specially one using the composite feature.
You can generate earn
significant amount of return.
Now the good thing about three
Commasis they offer three days trial.
Plus they have a paper trading account.
So you don't really need to put any
money that you have money. Initially,
you can actually trade using people,
trading it's simulated trading
using the virtual money,
and you can try learn about
this trading bot. Find them,
find a winning strategy
for you. Now again,
using three commas definitely require
you to have basic skills of looking
at the chart. If you don't have
them, it would be a little problem.
Then you need to look at the
other trading bot, which I have,
which I'm going to suggest you
at the end of this video. Now,
if you have never signed
up for three comments,
you can find the link in the description.
You can go for three days trial and
you can start with paper trading.
Now the second one is bit universe,
bituniverse is a free
crypto trading bot platform.
It connects with your exchange,
and trade on your behalf.
It has many interesting trading bot. The
one that I really like is the grid bot.
Again, it is the only platform
which offers free grid bot feature.
It also have the AI feature,
which automatically suggest the
upper range and the lower range.
And I found this very interesting and
useful for the bigineer. Now again,
using a grid bot definitely requires
you to have basic skill of trading.
Otherwise it could be unpleasant for you.
So these are the two that you
can get started with this.
Now the third one is crypto hopper.
Now I've been playing with crypto
hopper since last one month,
and I feel crypto hopper is super
amazing for the experienced trader.
You can automate your existing
strategies using a strategy builder of
crypto hopper. They do have
feature called signals,
which is ideal for beginners who
just want to trade based on other
signalers signals, which is great.
But Cryptohopper is something which I
highly recommend for the advanced users to
check out crypto hopper. They
offer free trial as well,
which is a good place to get started.
Now the fourth one is amazing
for the absolute beginner.
This one is called Stackedinvest.
This is a new platform and I've
recently did one detailed video on what
Stackedinvest and how it works.
So stackedinvest is basically a
marketplace where a lot of algo creators
offer their algo trading strategies
on a monthly subscription.
And some of their algo trading
strategies are mind blowing.
There are two which I've been using
lately. One is called nine 9Kscalp bot,
which recently got sold out, but it
was giving great results. Uh, the,
another one is called Wave based HFD BTC,
which is another very popular crypto
algo bot on starting with that,
you should check out again, whatever I'm
sharing is based on the past results.
If tomorrow they give the
same result or not, it's, uh,
that is debatable. So again,
you should do your own research.
You should understand the risk
of using a crypto trading bot,
but I'm here to tell you Crypto bot works
and it is an industry that you should
put your head in. If you
are into crypto already,
it will be very profitable
for you in days to come.
Now I will be sharing more videos and
my adventures of finding out new crypto
trading bot on this channel. If you
have not subscribed to CoinSutra,
it's a good reminder that
you should subscribe to my
channel and do check out my
earlier videos where I've talked about
Stackedinvest and some more crypto
trading videos, which you are going
to find very useful with that.
I will see you in the next video. Bye bye.
This is Harsh Agrawal
