So anyone here use auto trading bots? Like Leonardo or HAAS?

Bump. I wanna start using trade bots too. cant compete with them on polo & bittrex

>>2367229
No. You can't trust the integrity of a bot. If you are going to use one, make sure you have a wallet on a different device, or use a cold storage.

>>2367961
This. Bots do their trading using basic TA, they're no more psychic than your regular humans so are still prone to making bad decisions. If you're good at TA (knowing when to trust it) and do a shitload of coin research you'll make plenty without one. The biggest and only major benefit of having one is that they can trade while you sleep, potentially saving you from sudden changes.

Bots could fuck up your account, or you could fuck it up by running it.

Things that can go wrong:
-Everything looks good on backtests, but it doesn't work in the future (overtune).
- You run unprofitable settings because you don't know.
- You get sold an outright bad strategy that doesn't work in the first place.
- Frequent API communication problems (Poloniex) cause unprofitability.
- You forget to cover fees or slippage in the strategy (order doesn't fill in real life).
- You lose patience and turn it off after the first loss. All bots lose.
- Bots very rarely beat buy & hold. This would mean there is no reason to use them.
- Not enough volume to put your money through.
- Pair de-listings or news suddenly crash your account value.

It can take months or years to get an automated strategy working from scratch. I don't recommend botting unless you have time and curiosity. You should probably be a trader or programmer. You could pay someone else but chances are you will get fucked more than just holding or buying more coins.

Its possible, but I think most people don't make it, just like regular trading.