Can you relate yourself with the following?
Then you've come to the right place! In this article we will be talking about automatic crypto trading programs also known as trading bots. These bots are especially designed to buy crypto-currencies low and sell them at a higher price, all 100% automatically! Our team has tested all the major trading bots, but only one really stood out in our opinion, Gunbot.
Why should you use a trading bot?
The combination of having to watch all the day-to-day price movements of the crypto market, which is a very volatile one, and the continuous growth of crypto exchanges, leaves a lot of traders disappointed to say the least. Then we're not even talking about the exponential decrease in free time!
A trading bot is the perfect solution for these problems and it enables traders to create passive income while still being able to have day jobs or to have some more free time.
There's a reason, in this case a quadrillion reasons, why over 5500 active traders choose Gunbot to automate their trades.
First of all, it is cross-platform. This means thatit works on all major operating systems like Windows, Mac and Linux. It supports multiple exchanges and a lot of strategies, currently the bot works on Bittrex, Binance, Cryptopia, CEX.io, Cryptopia, Bitfinex, Kraken, Poloniex and Gdax, with many new exchanges to be added soon. They have an entire arsenal of strategies to fulfil your every need and you can even make your own custom strategies with the TradingView Add-On Gunbot's development team is doing double duty to extinguish every bug and to provide regular updates. To top it off, the bot has a great support team ready 24/7 and a clean and easy-to-use Graphical User Interface(GUI).
How do you run it?
Gunbot is an automation software(program) and as stated earlier Gunbot runs on either Windows, Mac or Linux. This means you can set it up on your home desktop, laptop or VPS and just let it do its thing. You can even run it on your Raspberry Pi if you have one! We can help you get up and running in 5 minutes!
What makes Gunbot so low risk?
I can hear you thinking; "What makes Gunbot so special? And what makes it so low risk?"
There are a few features especially designed to keep you from losing your precious crypto-currencies.
1. DOUBLE_UP is a great function which enables Gunbot users to actually make money during a crash. It is used for getting rid of bags by averaging down using your settings. With this setting set to TRUE, Gunbot keeps buying in a bearish market, until you can sell everything with profit!
2. With the STOP LOSS Limit you can set a certain percentage to make sure the bot sells a pair after falling x % under the bought price. This will make the bot sell at a calculated loss.
3. WATCH_MODE can be seen as a demo mode. When this parameter is set to TRUE, Gunbot will process the chosen pairs, but it won't actually place any orders. This setting is perfect if you first want to test everything without the risk of losing money.
4. Number 4 is pretty self-explanatory. You can tell Gunbot to keep a certain amount of the base pair you are using.
5. The last feature is Reversal Trading. This is a super exciting feature that is included in the next update, which is coming very soon! This unique option enables traders to keep trading when prices are decreasing and when bags are already made. Gunthar, the main developer of Gunbot, describes RT like this:
"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 bag can be sold for profit in base currency at a lower price point then without reversal trading."
The main purpose of gunbot is getting stable, consistent percentages each day while minimizing the risk involved and optimizing opportunities by running 24/7.
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