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?
According to my very few knowledge about trading bot, I think they do generate profits but the things is, it's not all the time. Trading bots just came out recently providing convenience and salvation of one's personal time since all of the things you are supposed to do are already substituted by an AI bot. The system is not yet perfect I think so the probability that it is generating profits is not yet 100% so it would still be better if you will regulate your profits manually than automatically. It may be boring but it will be worth it for sure.