~snipped~
Would you use a Bitcoin trading bot instead of you?
Bots main purpose is to execute your trades even your away at desk. But I only see trading bot as a useful tool when dealing to an asset that have a low volatility for a certain period time. In other words, close to stable price.
It will be useless of we are facing the bullish or bearish trend. Because the bot has a limitation to buy based on what are we put on the buy or sell limit.
Price volatility in bitcoin especially in altcoin sometimes really goes crazy even for a duration of minute.
Expecting there will be no bearish or bullish trend in the future.
Therefore, trading bot will just wrecked your trading stategy. Well unless you trust your set price as a wall price then up to you to proceed. In this kind of crypto price movement, I preferred to do manual traders than using bots most of the time.
There is a manual for using the trading bot which uses it on the wrong timing just give another loss for you.
The bot just takes a benefit from the neutral condition. I mean about there is no a lot of the volatility in the market that the market is running on the steady way.