TheCryptobot wanted to provide consumers and traders with a product that allows strategic and instant trading – this led to Gunbot creation.
Bitcoin has had transformative spikes over the past years which ushered the development of other digital coins. The digital economy has become unstoppable especially with the untapped goldmine in cryptocurrences.
While those who jumped early into cryptocurrencies are reaping huge returns on their investment, the average trader and most especially the newbie trader would find this overwhelming especially when you have to trade and predict the directions so the odds would be in your favor.
Is Bitcoin Trading for You?
There is a steep learning curve with bitcoin trading but timing it requires a lot more knowledge and patience. So, learning how the market behaves would be the ideal route to ace it. You have to understand the crypto markets are highly volatile so you really have to test it out and be patient when timing the market.
With automated trading bots, you get to shorten the learning curve. Gunbot now has roughly over 10,000 users in its community which are very active and also a Telegram following of over 3,000 members.
Using Gunbot, you can roll out auto-trading on different crypto platforms like Coinbase Pro, Binance, Bitfinex, Huobi, CEX.io, Bittrex, Bitmex, Kraken, Kucoin, and Poloniex; to name some. There are also these large-scale cryptocurrency exchanges that allow Gunbot users to choose among over 15 trading strategies for both margin trading and spot-trading.
These can all be modified by the user which provides more control of their bots. Gunbot would be adding around 130 exchanges to the roster of existing ones. Gunbot continuously and consistently trades in a 24/7 rhythm. So, it rarely or never misses a beat which means it can trade more coin pairs across different exchanges to maximize chances.
Gunbot was the brainchild of Gunthar De Niro “Gunthy” together with the Bitcointalk community, a robotic software or automated bot that primarily trades bitcoin along with other cryptocurrencies.
What is Gunbot?
Gunbot is an automated bot (robotic software) for trading cryptocurrencies, primarily trading Bitcoin with other crypto coins (‘altcoins’). It was coded by Gunthar De Niro (‘Gunthy‘) with support from the Bitcointalk community.
Gunbot accepts trade of the following markets: Coinbase Pro, Binance, Bittrex, Bitmex, Poloniex, Cex.io, Huobi, Kraken, Kucoin, and Bitfinex. The Gunbot development team is already preparing to add another roster of exchange markets (around 130!) apart from the innovative trading strategies, advanced features and integrations which make it a value-packed trading bot.
Gunbot had over 15 trading strategies that you can tweak or mix that gives the trader the upper hand over the entire trading process and strategy. Additionally, Gunbot can also be used with TradingView that executes buy and sell alerts from strategies and indicators which also allow trader complete of how it is all generated.
Gunbot relies mainly on user configuration. It’s very easy to set up and you can start trading in minutes. The bot can run on any laptop, personal computer or VPS (virtual private server).
A Prelude to Using Gunbot
First off, you have to join Bitcointalk and Gunthy forums.
If you are new at using Gunbot, you have to learn how it works so you can maximize it to your advantage. Take some time to learn how to use the bot, strategies used, and other features as well as limitations.
Make it a habit to read the Gunbot thread so you will know the most recent updates and if there are any bugs or issues in using it.
Once you are confident in using it, reach out to an authorized reseller and buy your copy of Gunbot. Secure an API key and have your reseller link that to your Gunbot license.
Next, join the Telegram group so you will be provided in-depth support.
Trading with Gunbot
To trade with Gunbot, you first have to choose a cryptocurrency trading platform, and then deposit some Bitcoin.
Next, access your account using an API key. Give the details to the bot. It may look intimidating at first but you’ll get the hang of it. When setting it up, you have to use certain settings that will allow you trade with confidence or comfort level.
Everything is automated. The bot would run 24/7. It also knows how to make the good deal and perceive trading conditions to be excellent. So, when trading conditions are favorable, it would automatically buy and sell coins on your behalf using your account.
This is how it trades with precision – the bot buys an altcoin at a low price and then hold it for a certain period of time until the price goes above the determine threshold; and that’s the time the bot will sell your altcoins. Timing is everything – and the bot knows how it works.
If all goes well, you make a profit and then the bots gets battle-ready for the next trade! There are some cases though that the altcoin price would go downhill and the only way to go is to hold it. No, you can’t sell it at this point. There’s no way that would work – so you have to hold the bag – and in some cases, you would have to step in and sell all your altcoins.
Why Trade with Gunbot?
Gunbot allows you to trade 24/7 with the settings you have chosen for your trading timing and strategy. You can also change or tweak your setting whenever you need to depending on shifts in market prices or insights.
With routine monitoring and maintaining excellent settings, trading with Gunbot, even if you are a newbie or inexperienced would make you more profit than losses. This is very promising because it can practically rake in a lucrative income stream for you over time.
And this is what we all want to hear!
Gunbot is a trading tool or bot that has been raking awesome reviews from the Gunbot trading community and group traders everywhere who have used the crypto trading tool.
The beauty of running Gunbot is that it is fully automated so you can tap into all trade opportunities plus you can also trade on different coin pairs or multiple exchanges at any given time. This is a very unique trading bot not just in terms of design but its sleek and slick functionality that allows it to be on top of mind for many traders.