bitcoin trading use bot only automatic trading youre trade not guaranteed if you trade profit
and setting bot from programer, so sometime is wrong open position trade
Bots are here to facilitate the users and I guess they work very well. It may happen that sometime it may go wrong but there is no other opinion in it that they really are helpful. You just need to communicate your way of doing things with the programmers and that makes your work quite easier.
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).
Trading bots might get you good profits in calm market conditions whereas in high volatility it may go wrong. It means you cannot leave off your trading responsibilities to a bot. You must take care of when to use bot and not.