It really depends on how the traders are building strategies while trading. It depends on the taste of trader whether they are technical traders or fundamental and according to my experience if a bot or tool says that they can outperform the market, you need to stay away from that. No one can outperform the market in the long term, and yes trading tools can help build strategies to make informed decisions. Recently one of my friends suggested a trading tool named
SmartBotCoin.
I haven't used this tool and am not familiar with this so I researched and found the features on their website look good. But as a trader, my main focus is to maximize my trading portfolio so I usually like to be sure before using a product/service. Crypto is a once in a lifetime opportunity so I am very cautious before using any product/service that is related to trading/investments. Do you think it's worth trading on this tool?
You say that no tool or bot can outperform the market and yet you are a trader, why is that? The truth is there are some traders that can outperform the market but you need the right strategy, if you have that strategy already then then only step left is to create a bot that can trade like you, so in theory a bot can outperform the market and the best part is that the bot will never get tired or make a mistake, however many of the people looking to buy bots do not have a winning strategy and will lose their money at an even faster pace.