When it comes to trading cryptocurrency, there are many obstacles for the average user — the complexity of technical analysis, the skills involved in identifying trends, and, of course, the volatility of the market, meaning coins can soar or plummet in value overnight. But what if you could trade constantly, even in your sleep, making a steady profit every day, with minimal effort? Welcome to the world of crypto bots.
But is it too good to be true?
The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection
But is it too good to be true?
The word ‘bot’ might bring to mind Russian hackers and fake Twitter accounts but crypto bots are perfectly legal and fully supported, if not exactly encouraged, by major exchanges such as Bittrex and Binance. Put simply, they are computer programs that remove the emotion from trading. They buy and sell your cryptocurrency for you, using algorithms to follow the trajectory of a coin, identifying when to buy and sell, and, in theory, allowing you to make small, round the clock profits. Used wisely, they are said to give an average profit of around 1–2% each day — though risk-seeking traders have reported much more than this.
Dephlagy Also is an Ai trading bot mixed bot’s ability like ladder orders entry improvement and also automatic Fibonacci level trading automatic Support and resistance detection behind all of this automated features bot trades always 24/7 monitor by 5 traders to avoid wrong positions and also right midterm/longterm trend detection
I wouldn’t trust in using crypto trading AI bots. They are not accurate to be honest in terms of trading decisions, and it’s much riskier than manual trading. For me, manual trading is still very effective as of today because we control our own decisions. Relying on crypto AI trading bots won’t make us better in trading Bitcoin and altcoins in the market.
But still, most of the newbies and desperate ones are looking for some “set and forget” stuff like the crypto trading AI bots. And it’s just sad that they still haven’t learned their lesson after losing lots of money from these trading AI bots.
Much better to be educated in becoming skilled traders. There are educational platforms and courses that they can find in the market to learn more about becoming a skilled cryptocurrency trader. Platforms like NewsCrypto, Udemy, TraderCobb, Trading Heroes, etc., are going to help them. Youtube videos are also helpful for them to get started learning about cryptocurrency trading rather than putting all of your funds in these trading AI bots.
