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).
This could be true, but none knows for sure at the moment. Trading bots are very effective for people who would like to make money while they sleep, as they say. Though its not guaranteed to make profits it definitely provides a peace of mind and flexibility for the traders. I don't personally use any trading bots but I have asked some of the users who use it (GunBot) and they said that if you have a large initial investment for example 1-3 btc you can make huge profits with these bots but at the same time lower amounts would work perfectly as well.