![]() This would allow you to mitigate losses when red lines continue to go further down. With this, you can set a price floor, track your coins to the bottom, and short sell your coins. Thankfully, Cryptohopper has the Shorting feature which we can use as a helpful tool during bear markets. Who likes a bear market? No matter how much we want to see a bull run in our favorite coins, the crypto market simply does not work like that. With the Mirror Trading feature, you can be a professional crypto trader by subscribing to some of the most reliable providers of strategies, templates, and signals. For those people who cannot focus on crypto trading alone and have no capacity to fully understand market movements, they can actually rely on external analysts and signal providers. Surely, we cannot be a jack of all trades and still expect efficiency and productivity in all areas of our life. The Automatic Trading feature of Cryptohopper lets you trade 24 hours, 7 days a week, without rest! Unlike you, their trading bots run all day with the power and precision of real-time technical analysis. With the extreme volatility of the cryptocurrency exchange markets, significant price drops and rises can happen during your sleeping hours, when you take a bath, or even at mealtimes. How cool is that, right? As they say, practice makes perfect!Īdmit it, you cannot possibly catch all profitable opportunities when you rely on your own effort and time. It allows you to learn more about cryptocurrency trading by testing out new strategies and implementing them using fabricated coins on your exchange hopper. This functionality is ultimately risk-free! It is like trace-drawing on a scratch paper. New to crypto trading? Or experimenting on a new strategy but afraid that it won't work? Then Cryptohopper's Paper Trading feature can come to your rescue! With it, you can set your buy and sell strategy that is based on the analysis of technical indicators. The Strategy Designer feature allows your hopper to be prepared for all market scenarios. So what would make you intimately in love with Cryptohopper? Because of their shared vision to develop a bot that would allow 24/7 trading without having to spend much time and effort, they were able to create Cryptohopper. Although we are equally in awe of our four partners, allow us to let you know more about Cryptohopper in this particular post.Ĭryptohopper was started by two brothers - a passionate daytrader and a brilliant web developer. With the addition of Cryptohopper on our list together with 3commas, Nefertiti, and Zignaly, you are essentially given better opportunities to take advantage of each bot's best features. But what does that mean for you?Īs a CBS user, you can now have more options for your trading bot service. Just recently, Crypto Base Scanner has been added to the marketplace of Cryptohopper Trading Bot. Every single day is a chance to grow, expand, and become better. Here at CBS, we are always on the lookout for greater opportunities that would help our users manage their trades easier and more conveniently. Solution: Check which coins the signaler is sending and in which base pair, alter your hopper to that and make sure that the coins you allow to be traded in your config match the coins your favorite signaler tends to send (Hero users can use all signals option for this).More integrations are now possible with Crypto Base Scanner! Check which coins your signaler of choice is sending out the most and alter your hopper accordingly. ![]() Signalers tend to have a preferred market, a preferred trading pair and a preferred base-currency. Unless the market is shifting extremely rapidly, time-outs won't happen anymore. Use Market orders, not possible on all exchanges, but some allow market orders to be placed through API, meaning that most of the times the order will be filled. ![]() Solution: Use percentage higher bid, this will bid a bit higher then the current ticker price, meaning the order has a bigger chance of being filled. If the market is shifted and this order will not be filled the position will time-out and not be bought. Whenever a coin gets signaled it's very possible that the market has shifted a little bit, Normally the hopper places a limit order at the current price. Below is a list of our most known errors and ways to resolve them. However, sometimes hoppers have some trouble receiving the signals. Many hoppers prefer the use of External signalers over creating their own configuration, which is fine.
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