Will Trading Bots Dominate Bitcoin Trading?

in crypto-news •  7 years ago 

Hey guys today I want to talk about trading bots, auto traders, and robo traders.

In my quest to stack more Bitcoin I've come across alternatives to day trading and ways to earn crypto with sites Genesis Mining, Hashflare, and now Bitconnect, a platform where users can loan to a trading bot and earn daily interest payments among other things.

The YouTube community is split between whether the BCC trading bot is legit. In the meantime the BCC bot continues to pay out returns almost everyday and I only wish I invested earlier. This led me further down the path to research trading bots.

Talk of big banks using robo traders has been circulating for some time now. Wall Street traders, Forex traders, crypto traders mention automatic trading bots with sharp algorithms fined tuned to extracts profit from market volatility. As we draw closer to the point of singularity how possible is it that trading bots will excel and perhaps even dominate Bitcoin trading?

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"Bitcoins price... is influenced by some major groups or parties that hold 20%-40% or more of the entire market cap itself. ...They injected it all aggressively in March/April... via auto bots and specific trading systems. This is why the charts and certain cryptos all look the same especially on the down. 100% manipulated due to the small size in cap at this stage of the journey.... All by design."

https://steemit.com/video/@sebastianjago/video-blog-79-hard-fork-turns-soft-and-fud-cryptocurrencies-and-cryptoassests

bitconnect + clif high and his web bot

*This is is not investment advice. Dealing with crypto involves a risk of loss. Please buy, trade, or invest, at your own risk.

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Did you just streamed this? I missed it. @champagnecrypto

No live stream. This one was recorded and left unedited.

The algorithmic trading is very active in the equity markets..the average person cannot compete. Makes sense they want to do it in the crypto markets as well.

KaBOOM! Exactly what I was thinking @michaeljohnson! Thanks for your comment.

Just looking to add to my STEEM balance in the near Term. By the Way Champagne Man did you look into SALT Lending ICO yet ??? I did tonight and Picked up some ICO Tokens before they move up in price on the next round. They are at a good discount right now. Thank You my Brother for all that you do.

Thanks for the heads up @stokjockey! You're the second person who's brought this my attention and Im now looking into it.

Champagne, love your youtube videos bro. Keep up the great work.

Thanks for tuning in @kahler907. keep BOOMIN!

Don't let the genie out CC, they can't handle it. It's hph for a reason.

KaBOOM!

Trading bot words is come first time in front pf me. Nice article. Good job.

@champagnecrypto Informative article as always. Love your youtube videos especially your introduction with siren :p

Thanks @arvindsingh! keep BOOMIN!

You are very entertaining and informative, great posts!

Thanks @willybobob keep BOOMIN over there!

Great video! Love your energy and humor!

I currently have my BTC in a auto trading platform that trades on the top 30 cryptocurrencies and pays back in BTC. If you would like to look in to it more, visit http://mytcc.team . I look forward to hearing what you think.

Bitconnect just earned me more than me more than 10% in the last 1 week :)

If this keeps up , I don't need to wait for 299 days to get my money back

Also checking out btcclock. Said to earn more than 3% daily with a minimum of .005 btc

Followed!

So you obviously love BitConnect. I'm just learning about it. Could it be a ponzi type deal? Too good to be true? Thanks on the video @champagnecrypto!