Bitcoin Trading Bots

Have you ever heard of a trading bots? 

One of the most used pieces of software regarding bitcoin trading are so called bitcoin trading bots (short for robots). Using bots to trade on the financial markets is a long-established and totally legitimate activity – and in the crypto-currency markets it’s easier than anywhere.

A list of bitcoin trading bots

1. Haasbot  – looks like the most professional trading bot on the market. It supports 10 biggest bitcoin exchanges. It is a sophisticated bitcoin trading bot suite designed primarily for bitcoin trading professionals, but amateur traders and hobbyists could find it useful too.
   
   
2. Cryptotrader is an algorithmic trading platform for bitcoin and other crypto-currencies. They have automated trading bots in VPS cloud to help you in bitcoin currency trading. It also offers a trading bot marketplace, which allows people to develop their own bots using different trading strategies, and then rent or sell them to others.
    
   
3. Tradewave – find a community trading strategy or build one from scratch. Trade cryptocurrency pairs on any of the major exchanges and no coding is required.
   
   
   
   
   Bitcoin trading bot strategy

Automated trading bots will do the job of selling and buying instead of you. They will do it while you sleep or while you are on vacation. But the real question is, when should they sell or buy bitcoins? So, you are still going to have to come up with your own set of trading rules, if you’re going to tell a bot how to make decisions. Trading strategy is simply a set of rules that traders use to determine their entries and exits from a position. The best thing about trading bots mentioned above is that they already have some bult-in trading strategies that you can simply choose or copy.

These are just some of the popular shopping bots. Of course there are others. If you're interested, you can learn more about them.

I wish you all good.