Post
Topic
Board Altcoin Discussion
Re: altcoin trading bots are profitable?
by
pooya87
on 26/04/2017, 04:50:02 UTC
Bots only help us to make it easier if we do not have free time the profits or not it's depend how we predict the price. It's better to trading on your own than bot's investment
Bots cannot predict the market ,all they can do is to follow the price movement and the question everyone will be asking is ,can i make a good profit with bot,it is possible to make money with the help of a bot if there is a bull market and it is not conducive to a bear market,so you have to be careful with how you are using the bot.

a bot is supposed to do what you can't do on your own easily not what you can not do at all. this is a common misunderstanding that people think a bot is supposed to have artificial intelligence and make decisions for them Smiley
a bot is just a code that does things easier and faster and also in some cases 24/7. for example for stop loss you can not sit there and watch the market all day long. you place a stop loss in your bot and it executes the order if price fell below what you want.