Post
Topic
Board Speculation (Altcoins)
Re: Beware of Bots
by
Vieni
on 28/10/2018, 21:28:36 UTC
Bots and talk of bots is endemic within the crypto space, with behavior, good and bad, often attributed to their actions. There are several types of trading bots available including arbitrage (arb) bots that capitalize on the difference in prices across exchanges. Arb trading can be likened to playing online poker. If you’re good at setting up your bots, you can make a living off it, but you’ve got to grind it out. Crypto trading bots are reminiscent of those money-making Forex programs that you find “veteran traders” trying to flog.