It is one of the reasons why I built this platform. I wanted to automate the process for myself rather than having to do this manually. The platform ended up becoming much larger than that so i decided to launch it to the public.
the best thing at the moment that bots provide is the speed of reaction and execution.
I personally combine 2 strategies for my stock as well as crypto portfolio that has helped me minimize risk and still make gains.
Daily rebalancing in combination with Buy Low and Sell High.
Rebalancing ensures that my portfolio maintains the perfect balance of the asset allocation strategy and buy low sell high ensures that I buy into the dips and sell during the rallies.
I have been using it for years and it has always helped beat the market.
In the long term this strategy will win as compared to hodl. Only issue is that it is a long term strategy. Frankly there is no get rich today strategy and if someone is selling you that, best to just stay away from that.
We also have a backtesting tool where you can combine these 2 strategies and test it out -
https://app.smartbotcoin.io/#/backtest 1. Long term - usually beats HODL
2. Short term bullish market - makes a profit but less than HODL
3. Short term bearish market - beats HODL