Re: Another Bear Market coming soon?

It's all about the bears and the bulls, doesn't seem like much gray area. It's simple really, just pay attention to the patterns and trading become a lot easier. Or just use a trade bot, right? They seem to be more popular these days than before, granted the improved technology.

It's true in a way, AI is definitely revolutionizing the trading world and its providing us a lot of features to help us get better at trading, and not just the usual analytic chart.

Yeah, that's what I was getting at, AI is a better term to use. Calling it a trade bot just seems too robotic. So far, Smartbot Coin's AI trader seems to be doing pretty good so far on the test trades I've done.

I am using a trading bot also and it works pretty well for me, right now I am just doing other things and still having a profit using my bot, every news is important but when you are using a bot it will filter the news and get those legit one.

News trading is risky and the traders who love the risks use the manual trading tools for earning maximum from the volatility created by the last news. The important news is tradeable but the situation changes often which can not be traded by the trading bots. Otherwise, the trading bots become a dangerous in the crypto trading, right modifications don't help the trader to catch the right price movement from my experience. Escaping from the wrong side of the market should be executre with corrected money management and it is hard to apply these settings in the bear market while the whole market is going down. Imaging the huge percentage of loss due to the flash crash caused by the big crypto-related news can be a source of depression in the altcoin trading.