Jump to content

How hard is actually to build a trading bot?

sucess_expert

By sucess_expert
in Lounge

 Share

Recommended Posts

  • 2 weeks later...
genuineguidance Mentor

genuineguidance

Posted
Posted
On 3/12/2021 at 12:08 PM, looseink said:

Mining Bot are automated programs developed as lines of code by their creators and are made to sneak on to a user’s computing device.

My thoughts exactly! Why on earth would Fiverr want to let people have Gigs that would sneak into an unsuspecting user’s computer?

I have a feeling this type of Gig is not allowed here.

Besides the fact that this Gig seems a bit on the “shady” side, all of your Gigs (3 of them) start off in the 100’s of dollars - this one in particular is $100 another Gig where you create some automated thing to do stock trades is $300 and another is $400. You are an unleveled seller here - you have no feedback, no sales and no track record to show here. That could be why buyers are looking at your Gig, but gun shy to actually click the Buy Now as they have no idea if you can deliver what you say.

And, of course, again, my opinion (and it is only that) of your Gigs, is they are pretty shady looking!

GG 

  • Like 5
Link to comment
Share on other sites
enunciator Grand Master

enunciator

Posted
Posted

Malware/spyware that throttles the unknowing victim’s GPU to earn crypto currency for someone else.

Sounds absolutely terrible.

And with the current ridiculous shortage and price hike of graphics cards (influenced in part due to crypto miners), it would be absolutely scummy to create and distribute mining malware/spyware that contributes to people’s GPU’s being overtaxed and dying prematurely.

  • Like 3
Link to comment
Share on other sites
genuineguidance Mentor

genuineguidance

Posted
Posted

It seems trading bots have quite a market on here although they all claim high earnings and mention nothing about risks, looks very shady.

Right, and wouldn’t that fall under Fiverr’s terms about not putting up a Gig that “promises” a certain outcome?

Are there a ton of these type of Gigs here?

GG

  • Like 2
Link to comment
Share on other sites
kometbeats Enthusiast

kometbeats

Posted
Posted

Right, and wouldn’t that fall under Fiverr’s terms about not putting up a Gig that “promises” a certain outcome?

Are there a ton of these type of Gigs here?

GG

image.png.aab975ed414fbe2d773b42d43fbf4760.png

It wasn’t until about page 4 that I started to see gigs without reviews, some of them have some crazy pricing, charging anywhere between £100 to £4000 for the exact same bot, I know this because I clicked on a few and they would have screenshots with the same interface, looks like it’s just a android app too, so they’re charging hundreds if not thousands for an APK? A lot of the gigs had one or two reviews and were always from the US, makes me think these gigs could be paying for reviews.

Would take quite a bit of reporting to get Fiverr to start taking some of these down but to be honest I’ve never seen a profile I’ve reported taken down.

Edit: I really don’t get it anyway, I mean, if you’re making thousands with a trading bot why the need to come to a site like Fiverr to sell it? Surely you’d be making your thousands/millions with your bot?

  • Like 2
Link to comment
Share on other sites
  • 1 month later...
unlockely Rookie

unlockely

Posted
Posted
On 3/15/2021 at 6:14 AM, genuineguidance said:

My thoughts exactly! Why on earth would Fiverr want to let people have Gigs that would sneak into an unsuspecting user’s computer?

I have a feeling this type of Gig is not allowed here.

Besides the fact that this Gig seems a bit on the “shady” side, all of your Gigs (3 of them) start off in the 100’s of dollars - this one in particular is $100 another Gig where you create some automated thing to do stock trades is $300 and another is $400. You are an unleveled seller here - you have no feedback, no sales and no track record to show here. That could be why buyers are looking at your Gig, but gun shy to actually click the Buy Now as they have no idea if you can deliver what you say.

And, of course, again, my opinion (and it is only that) of your Gigs, is they are pretty shady looking!

GG 

That’s because we hate to spoil the fun but there’s no such thing as “mining bot” okay? They made them up like “free energy devices” and stuff like that. There’s an actual study on that: https://ccdcoe.org/uploads/2012/01/5_7_PlohmannGerhards-Padilla_ACaseStudyOnTheMinerBotnet.pdf

Plus, It’s an absolute outrage that new users are pushing the mining bot gig. Why in the world is there a flood of new users who claims that mining bot works? There’s no evidence that mining bot will make a lot of money and they’re exploiting people who were in desperate needs for the services they need. Stay away from so-called “Mining bots” All you’re doing is wasting your money. 

Originally I was going to use a mining bot to make money but when I asked one user on Fiverr on both Whatsapp and on Telegram, they responded to me, saying that cost $300.09 for the mining tools, $250 for 25 years of mining tools, $1075 of testing the processing of the mining fees, and when I’m attempting to put my money on BTC, I started to get the feeling that whole process is nothing more than a con artist. I lost $2000 as a result of that.

I don’t know why Fiverr hasn’t been pressured to implement more trustworthiness but as far as I know, I wouldn’t recommend that gig until the issue is been resolved.

  • Like 2
Link to comment
Share on other sites
unlockely Rookie

unlockely

Posted
Posted
On 5/12/2021 at 2:06 PM, imagination7413 said:

Based on what you’ve seen, would you say it’s more of a Pyramid scheme - Wikipedia or a Ponzi scheme - Wikipedia? Based on what you’ve described, I’d guess pyramid, but ‘investment’ implies Ponzie.

It’s both because at Sunday night or just a straight up BS scam that doesn’t give me anything.

On 5/16/2021 at 9:47 AM, unlockely said:

As the title suggests, why in the world is there a flood of new users who claims that mining bot works? Originally I was going to use a mining bot to make money but when I asked one user on Fiverr on both Whatsapp and on Telegram, they responded to me, saying that cost $300.09 for the mining tools, $250 for 25 years of mining tools, $1075 of testing the processing of the mining fees, and when I’m attempting to put my money on BTC, I started to get the feeling that whole process is nothing more than a con artist. I lost $2000 as a result of that. I don’t know why Fiverr hasn’t been pressured to implement more trustworthiness but as far as I know, I wouldn’t recommend that gig until the issue is been resolved.

I would like to make it clear on naming and shaming, because of the rules that you’re not suppose to talk trash about other users, I can’t really provide links so you’re going have to take my word that exist.

Anyways, if anyone who tried the “mining bots” please explain to us if it works or not.

  • Like 1
Link to comment
Share on other sites
  • 5 months later...
Guest zanardi2

Guest zanardi2

Posted
Posted

I see that the Buyer Requests section has a couple of times a day requests for building a trading bot, either for stocks or for cryptocurrency. A common trend is that the buyers want it in a couple of days and will pay under 100 euros for it, sometimes much less than that. A simple Google search shows that the price of a trading bot is much higher. However, although I teach programming and have programming experience, I never even tried to write a trading bot and this is why I am asking here, hoping for some answers: is it hard or easy to write a trading bot? And, the most important, are the buyers' requests feasible?

Link to comment
Share on other sites
uk1000 Grand Master

uk1000

Posted
Posted (edited)

I'm not sure it's allowed. You could check with CS.

eg. in this link: https://www.fiverr.com/community/standards/prohibited-services

Quote

Services that can pose financial risks for our users        

 Do not offer or ask for:

  • Services that require getting access to the buyer’s sensitive financial information.

  • Opening, managing, or implementing changes in a financial account. 

  • Providing loans.

  • Trading signals or indicators.

So it might be against one of those rules.

Edited by uk1000
  • Like 7
Link to comment
Share on other sites
  • 2 months later...
tim1ll Newbie

tim1ll

Posted
Posted

Hi guys, I think it is little two little different things: trading signals often are scam, but trading bot, if you know what logic inside maybe interesting. 

@zanardi2 to develop trading bot is not difficult if you know programming. More difficult is to make it profitable on real market. 

There are also different programs to trading systems development (picture attached), but it is necessary to learn at least a few months how to do it with special methodology. 

Screenshot 2022-01-18 at 05.53.27.png

  • Like 5
Link to comment
Share on other sites
  • 4 months later...
unlockely Rookie

unlockely

Posted
Posted

In light of one of my family members from Russia advising me not to invest in a bot that does not even work due to fake crypto trading bots everywhere, such as all that money going to Nigeria or other parts of Africa, I wondered, does it even work on you folks since one of my family members and my mother is still skeptical about that.    

  • Like 4
  • Up 1
Link to comment
Share on other sites
  • 2 weeks later...
Guest onkarre

Guest onkarre

Posted
Posted
Your account is being reviewed
 

Hi onkarre,

We have reviewed your Gigs and have determined that the services you are offering harm the integrity of our marketplace and violate our  and our .

As a result, your account is currently under review by our Trust and Safety team. During this period of review, you will be able to complete your active orders. However, you cannot place or receive new orders nor can you communicate with users, other than your Buyers/Sellers within an existing and active order. This decision was taken after careful consideration and cannot be reversed.

Thanks,
The Fiverr team

Link to comment
Share on other sites
Guest onkarre

Guest onkarre

Posted
Posted

Does that mean, my account will be blocked ? They said my service is prohibited. I only offer forex trading bot service 

Link to comment
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share
Go to topic listing
×
×
  • Create New...