Let's kick off with probably the most important factor when it comes to choosing a trading bot to buy; the price. Profit Trailer requires a monthly/yearly payment while Gunbot is a one-time only payment. There are 2 versions of Profit Trailer; Basic & Pro. The basic version costs 35 euro’s each month or 300 euro’s each year if you immediately pay for a whole year. For the pro version you have to spend 50 euro’s each month or 450 euro’s each year. The two versions don’t differ too much from one another. For Gunbot you’d have to make a one-time payment to receive lifetime free updates and support with prices starting from as little as 0.04btc for the starter version.
The next main difference between these two bots is customizability. 𝐆𝐮𝐧𝐛𝐨𝐭 𝐢𝐬 𝐰𝐞𝐥𝐥 𝐤𝐧𝐨𝐰𝐧 𝐭𝐨 𝐛𝐞 𝐚 𝐥𝐨𝐭 𝐦𝐨𝐫𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐛𝐥𝐞 𝐚𝐧𝐝 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐭𝐡𝐚𝐧 𝐏𝐫𝐨𝐟𝐢𝐭 𝐓𝐫𝐚𝐢𝐥𝐞𝐫. In fact I don’t believe there’s is ANY bot out there that has more possibilities than Gunbot. While most of the time this is seen as a great advantage, this does require more time and effort on the end-user’s part. Profit Trailer has way less of everything; less settings to configure, less buy/sell strategies, much simpler strategies, etc. If you are a complete noob when it comes to trading and crypto-currencies, who doesn’t have ANY time to put into research, and you are hesitating between Gunbot RT and Profit Trailer, go for Profit Trailer. BUT, Gunbot has a worthy variant for complete beginners, namely Gunbot LT (lite version). This version contains only 1 strategy, emotionless, which requires little to no setting up at all. This is the perfect strategy for beginners or for people who don’t have the time to set-up their Gunbot correctly. The advanced algorithm behind Emotionless does all the hard work for you, all you need to know is that it ‘just works’. So if you are someone who already has acquired some knowledge about trading, or 𝐢𝐟 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐚 𝐧𝐨𝐨𝐛 𝐰𝐡𝐨 𝐢𝐬 𝐰𝐢𝐥𝐥𝐢𝐧𝐠 𝐭𝐨 𝐩𝐮𝐭 𝐬𝐨𝐦𝐞 𝐭𝐢𝐦𝐞 𝐢𝐧 𝐥𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐚𝐧𝐝 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐆𝐮𝐧𝐛𝐨𝐭, 𝐠𝐨 𝐟𝐨𝐫 𝐆𝐮𝐧𝐛𝐨𝐭 𝐑𝐓. 𝐈𝐟 𝐲𝐨𝐮 𝐚𝐫𝐞 𝐚 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐧𝐨𝐨𝐛 𝐰𝐢𝐭𝐡 𝐧𝐨 𝐬𝐩𝐚𝐫𝐞 𝐭𝐢𝐦𝐞 𝐨𝐧 𝐡𝐢𝐬 𝐡𝐚𝐧𝐝𝐬 𝐭𝐨 𝐬𝐞𝐭 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐮𝐩, 𝐭𝐡𝐞𝐧 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐜𝐡𝐨𝐨𝐬𝐞 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐆𝐮𝐧𝐛𝐨𝐭 𝐋𝐓 𝐚𝐧𝐝 𝐏𝐫𝐨𝐟𝐢𝐭 𝐓𝐫𝐚𝐢𝐥𝐞𝐫.
𝐏𝐫𝐨𝐟𝐢𝐭 𝐓𝐫𝐚𝐢𝐥𝐞𝐫 𝐢𝐬 𝐚 𝐜𝐥𝐨𝐮𝐝 𝐬𝐞𝐫𝐯𝐢𝐜𝐞, 𝐰𝐡𝐢𝐜𝐡 𝐦𝐞𝐚𝐧𝐬 𝐭𝐡𝐚𝐭 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐚𝐜𝐜𝐞𝐬𝐬 𝐢𝐭 𝐝𝐢𝐫𝐞𝐜𝐭𝐥𝐲 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐢𝐧𝐭𝐞𝐫𝐧𝐞𝐭. This is also one of the biggest reasons why Profit Trailer will never be as advanced as Gunbot. Cloud hosting brings a lot of restrictions with it, and that’s why the developer of Gunbot, Gunthar De Niro, chose not to do this. Gunbot has to be run on your own computer, VPS(Virtual Private Server) or even on your Raspberry Pi. If you go for a VPS than you’ll be able to access it from anywhere in the world as-well, and there are also options to remote control your computer or raspberry pie if you wanted to. 𝐓𝐡𝐞𝐲 𝐛𝐨𝐭𝐡 𝐡𝐚𝐯𝐞 𝐚 𝐧𝐢𝐜𝐞 𝐚𝐧𝐝 𝐜𝐥𝐞𝐚𝐧 𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐢𝐧𝐭𝐞𝐫𝐟𝐚𝐜𝐞.
Whatever bot you choose to buy, or whatever kind of trading you’re into, it is always super important to choose the right pairs to trade on. Profit Trailer automatically switches between pairs based on volume. This is a good feature for people who don’t have the time, but once again you’re restricted. There is no way to choose your own pairs to trade on. Gunbot is different, it gives you a list of possible coins to trade on, but you still have put in which coins you want to use. So if there’s a coin you’d like the bot to trade on, because you are aware of some upcoming news, then you can only do it with Gunbot.
Profit Trailer won’t be able to get the most out of a bullish market and here’s why. Profit Trailer’s buy strategies are simpler in terms of what they scan in the market. You have to set it up for trading with smaller margins since it’s very much based on its so-called ‘Dollar Cost Averaging strategy’. Gunbot has a very similar function named ‘Double-Up’, which does exactly the same but it’s only a small safety option in Gunbot.
Insert Quote code: “What is DCA? In short, it is a method for lowering the average price of a losing trade, making the recovery easier as the price needs only to recover to the new lower average buy price.”
When your bot buys a certain amount of a certain coin, and the price of that coin decreases, then DCA/DU will buy again after a while (with a weight of your choosing) to average down the loss. After a while, when the coin increases again, the bot will sell with profit eventually. Again, this is mainly how Profit Trailer works, so you’ll only make a good amount of money when the market is in a bearish trend. Next to double-up, Gunbot also has the option to do ‘Reversal Trading’. This gives a trader the possibility to keep trading even when the whole trader’s capital is stuck in bags.
Insert quote code: “The principle is to use the already invested amount of base currency to accumulate more units of the quote currency while prices are moving downwards. When prices eventually rise again, the -then bigger- bag can be sold for profit at a lower price point than without reversal trading.”
If you are looking for an advanced trading bot, to optimize every market opportunity, go for Gunbot RT. If you are a noob with ZERO knowledge about trading crypto-currencies, ànd with no motivation to put a little time in learning Gunbot RT, then you go for Gunbot LT(lite) or Profit Trailer. Then it entirely depends on your personal preference.