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Getting Started with Crypto: Tools, Bots, and Earnings

JamesWilder32

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Hi, I'm new to crypto. I am looking to learn more about the tools to trade cryptocurrency. Could someone share what bots and indicators are being used and what is the average monthly earnings?
 
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  1. Bots to market as an affiliate and earn money from that?
  2. Or, to trade crypto for and in you own account?
 
I'm beginning to think that James is a bot. This is the fourth post I've come across asking the same thing in the same forum. I've deleted one of the duplicate threads.
 
Hard work, research and acquiring knowledge of the crypto industry is your best tool. Otherwise you'll have to play the bot lottery and hope you find the 0.1% of bots that actually work. (and some work very well). Earnings range from negative everything to positive a lot. Unlike buying stocks and bonds, where your upside potential is often capped/diluted by various intermediaries, crypto can be quite spectacular. If you'd allowed yourself to be advised by institutional brokers to buy Bitcoin after the election, you'd have made a gain of 25%, if you'd done your own research and bought one of the closely aligned (but no less risky) alternative coins (eg Stellar XLM, Ripple,etc), you could expect 300-500% gains.
 
I’ve been experimenting with different bots too and found that using axiomtrade.net made it simpler to test strategies without getting lost in too many settings. Their setup is easy to follow, and it didn’t feel overwhelming for someone like me still learning. It’s helped me track results better and adjust stuff on the go without spending hours figuring things out.
 
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I started small with manual trades just to get a feel, then moved to bots with really basic settings. Backtesting helped me spot patterns before putting any real money in.
There are a definitely a multitude of consistent patterns in the crypto market. You just have to find them through extensive data mining and backtesting
 
crypto is inconsistently consistent.

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You're just looking at Trend, you're assuming there is one. You might find it useful exploring volatility patterns. If something is consistently inconsistent or consistently inconsistent then you've found yourself a consistent pattern. Instead of using slow lagging regression analysis check out volatility clustering. Crypto a bit more dynamic than plotting the correlation of ice cream sales to weather
 
Re your "probability indicators", there AREN'T ANY definable ones that work in isolation. Although plenty of very nice websites where you can buy the Holy Grail of trading indicators/bots
Thank you for masking my exact point with a load of crap --done.
 
Thank you for masking my exact point with a load of crap --done
My previous response to your nonsensical rantings got deleted as having been "AI generated". I assure you that it was written by myself (I Human). It appears that you marketing guys are super concerned and sensitive to this new technology. But back to your 'exact point', that "crypto is inconsistently consistent". No masking there mate! I doubt that you are even aware of your oxyMORONical corruption of the correct order of words, most likely just dyslexic. You must have been a real handful for your Special Ed teachers! Probably a bit too much for you to comprehend that your 'exact point' proved the opposite of that which you are trying to impress. Won't talk about Heteroskedasticity and the presence of inconsistently (timed) fat tails events that consistently appear at the end of a distribution curve. (which incidentally is known as a breakout and which trading firms exploit successfully), in case you mistakenly think that it's AI generated. Instead of dragging the quality of crypto trading discussion down to your level of comprehension, I recommend you read the educational link sent in the previous post which was a genuine attempt by myself to contribute to this community.
 
You know what crypto believers and Scientologists have in common --they believe in a fake dogma. </end>

Your ad hominem attack only reinforces what I have said.
 
and YOUR calling ME a scammer who is full of crap is not an ad hominem attack???.. Trying to say crypto and the underlying technology bears any semblance to an esoteric belief system is about as daft as someone in the late nineties saying that the internet was just another fad. You do know what digital currency is don't you? You just keep exceeding yourself, I don't have to say anything myself
 
I assure you that it was written by myself

The posts of yours that were removed were validated as AI content by three sources. Additionally, you stated clearly you copied and pasted the material from another site. That does not make it your original content, and it was without doubt AI content. Everyone here tests obvious AI crap with deteectors. We don't want it here. It's our business and not yours. We decide the rules!

Also, you seem to be the only one of over 140,000 members that seems to want to fight this policy we have regarding AI content. Everyone else that has done it has gladly apologized, complied, and stated they understand.

We are a friendly and honest community, but when we see false claims by a member, we do point it out.
 
Beware, there a re a million bots being offered by thousands of opportunistic websites, many with no background in trading. Amongst them are many that HAVE actually made outstanding returns over an extended period of time. 99.9% (and increasing) are dummy bots run by web savvy marketeers with a deep knowledge of how to play the SEO/Influencer game. There is only one way to ensure that you are not being sucked into a scam, which is to always ensure that they can provide a verified track record with an established and legit exchange. If they can't show you this and instead show a hypothetical backtest or nice charts that they have created by themselves instead of by independent 3rd party auditing entities, RUN AWAY. The crypto market industry, unlike the rest of the financial markets, is virtually unregulated so there is very little recourse or chance of getting your funds back when the excuses start coming in. Good luck trying to retrieve your funds from a Czech web firm even if you are located in the EU. Other warning signs on websites are testimonials with AI generated photos or Trustpilot reviews from people with 1 or 2 previous reviews. Picking a bot that works is a total lottery otherwise. If you want to safely gain exposure to Bitcoin/Crypto it might be more prudent to just purchase an ETF like BITO, that tracks the price of Bitcoin, from a reputable and regulated firm and forget about it for a couple of years.
 
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