Post
Topic
Board Trading Discussion
Re: How effective are bitcoin trading bots?
by
BitcoinHodler
on 18/05/2017, 13:54:21 UTC
How effective are bitcoin trading bots? I read a review on google where a person claimed that he turned 300$ into 50000$ in one year using bitcoin trading bot (i can't remember the name of the bot).

it is most probably a scam trying to convince people to download some king of malware. it may very well be the ransomeware Smiley

no bot will ever make claims like this that by using it you can make $ to x$
a bot is only making things faster and easier and in case you use a VPS it can become 24/7 to use for things like watching the market and executing stop loss or some strategy on automation.

and besides if you wanted to turn $300 to $50000 all you needed to do was simply buying an altcoin last month and dumping it after a week or so Cheesy