Post
Topic
Board Service Discussion (Altcoins)
Re: Manipulation of cryptocurrency exchanges.
by
imstillthebest
on 09/07/2019, 05:23:08 UTC
Probably bots are used by all exchanges or major players. Experienced traders know these points and adapt to trading on their favorite exchanges.
But some times you can take the advantage from the bot. I see bot already used anywhere by any traders or even exchange sites to create a crowded market.
Those traders will always put major as their favorite consider about the fact that a huge volume is the main reason for bot to be worked perfectly.
You can use it when you understand how to manage well, bot have advantages and disadvantages only those who knows how to take their edges
can bring out something good from their results, you just need to manage your strategy well.

using bots are helpful like if your lazy to trade or busy bots can help you out but ive read that some users are complaining about bots they say that bots are  manipulating the market but id say that its not the bots fault but its the whales  . whales are still powerful than a regular trader and whales can manipulate the market the most  .  manipulation can also be your friend because whenever they manipulate the price to go down we can bought more coins along with it   but if they do the opposite , we can also sell at high  .