As crypto traders, we all know the struggle. Analyzing charts, monitoring news, and navigating volatile markets can leave most people feeling overwhelmed and exhausted. Crypto trading bots have been extremely helpful in that regard, with the promise to automate the process and help us make informed decisions.
But let's be honest, most bots out there fall short. They lack the features we need to thrive in the ever changing crypto market. So, my question to you is what do you want to see in your dream bot?
That's one reason why you should not rely on bot for your trade if you are really serious with your trading activity and willing to improve on yourself. I personally don't fancy trading using bot despite their features but for the sake of question you asked, I will like to see a bot that would be intelligent, intuitive and adaptable. It should be able to learn from the rapidly changing crypto market and adapt its strategies accordingly with some advanced features such as the ability to automatically place orders and execute trades without my notice if the market is conducive and I am not around to give order.
Personally my biggest regret is the fact that bots are buying based on some data, and I can buy according to that data, if there is a both that can buy based on something that I can't replicate myself then I would consider that as good and understand that it would be my benefit, of course depending on the results, but I want a bot to be able to do something I can't do.
All the bots that we have right now, are software that does stuff that I can do too, but it does it 7/24 non-stop, that is literally all that it offers, be able to do it constantly non stop for things that I can do myself as well. I want it to be able to go beyond that, do something I can never do, have a higher grade of result that I would never be able to reach.
This is something most of us are missing to understand with the use of bots. The difference between this bots and human is emotion. Since they are machine programed, they trade without emotions because they have no feelings but as far as they still lose trade, they are not too better than humans. Some people believe that bot can give them 100 percent accuracy based on what they read online but that's very far from reality.