What is a good trading bot for beginner traders?

[J0hnny_Noods]

I am an inexperienced trader (only been doing it for around a year and learning new things everyday) and would like some guidance from more experienced traders on the subject of Crypto Trading bots.

Is it advisable to use a trading bot? I understand that there is greater risk in using a trading bot, but I would prefer automating my trades based on a general price direction and spend my time doing other things.

Which Trading bots do you guys use? I have tried apps like TradeSanta, CryptoHero (a new application that seems to be quite good so far) and Cryptohopper (stopped using it after I realized it was too expensive)

Should I use other mainstream applications like eToro to trade Cryptos instead of a dedicated bot that links to my exchange accounts?

Thanks so much for the help guys, would love to receive guidance from more experienced traders.

[Zaapdas]

Hello my young trader. This is not the first year I have been bidding and during this time I have tried many interesting sites. Personally, I chose this Forex platform https://www.forextime.com/vi

[J0hnny_Noods]

Thanks Zaapdas, how is this platform like compared to other platforms? I see that it is focused on copy trading and seems to be good for beginners. Will look deeper into it. Thanks, i appreciate it. 

[QuickSandBuns]

Hi Johnny, nice to see that you are starting on trading.
1. I think a trading bot is fine, it gives us time to do other things. I think a general rule is to always take profit and not get too greedy, stick to your targer prices.
2. I personally use TradeSanta because that was what got me started, but will give CryptoHero a try as well. Do you have a link for CryptoHero that i can use?
3. I think it doesnt really matter if you are a short term trader. For example, Forextime as previoulsy mentioned might be worth a try. eToro seems to be rather popular as well.

[J0hnny_Noods]

Hi Johnny, nice to see that you are starting on trading.
1. I think a trading bot is fine, it gives us time to do other things. I think a general rule is to always take profit and not get too greedy, stick to your targer prices.
2. I personally use TradeSanta because that was what got me started, but will give CryptoHero a try as well. Do you have a link for CryptoHero that i can use?
3. I think it doesnt really matter if you are a short term trader. For example, Forextime as previoulsy mentioned might be worth a try. eToro seems to be rather popular as well.

Hi QuickSandBuns,
Thanks for your input! The link to CryptoHero is https://cryptohero.ai/ they are currently having a promotion for early users to have the first three months of premium for free.

Thanks! 

[QuickSandBuns]

Thanks for sharing about CryptoHero. Seems like a good application to use. I set it up over the weekend on my phone and profitted from a slight BTC Rally. The good and clean user interface made it easy to use and set up bots. Seems rather good for beginners as well.

[zulfi125]

Different platforms coming day by day for trading but is suggest Koinpro exchange where you can get practice account for trading and fast cryptocurrency trading exchange.

[DarthSidious]

OP, if I were you, I wouldn't use these bots. Because, well, it's bots. They are imperfect. You're human, you can think better than random bot. If you don't have enough experience, you can just use the copy trading method. Not so long ago one of my friends told me how to make money on forex market without the specific financial knowledge by using a special Android app. It just shows you how making it and you follow instructions. That's easy. You can just copy the strategies of most successful traders and earn money. I did it when I was a novice. Now I have some of my own strategies, of course.

[Selina_p]

Welcome to trading. As there are lots of trading platform, you can go for localbitcoins exchange. The service allows users to interact directly to the local traders and buy/sell Bitcoins. Also its safe.

[AlexHales]

My preference is more to do with manual approach and it is the reason why I focus on tight risk/money management along with planning. It’s easier under FreshForex broker with using their tidy spreads, fast execution of trades and superb 101% Tradable Deposit Bonus.

[MarkKyle]

I prefer checked trading tools to make sure that it works. Anyway, if I am looking for the new trading bot, I read about them first and check only after this.

[AlexHales]

I hate using bots. I love doing manual trading and it’s simpler through FreshForex broker. It is one of the best there is with having low spreads, high leverage, smooth trading platform and much more, it all combines to perfection for me.

[SarahFortenberry]

i too new with crpto. If you looking for SEO service i would suggest fastseosolution. I think they are well customer focused and supporting, they helped us to improve our SEO ranking quickly...Now we getting new leads for our services. Their SEO service is truly amazing.

[Selina_p]

As there are many good trading bots, CryptoHopper is the best and most used bot.