Algorithms and bot-trading have taken over Wall Street and the cryptocurrency market with no sign of slowing down. Analysts say everyday traders should be terrified of the coming decade.
Everyone in the cryptocurrency industry complains of bots manipulating prices, but this will likely end up being even more severe during the 2020s.
In the past decade, weve seen some wild swings in prices, both among regular assets and cryptocurrencies. Its primarily been due to algorithmic robots, but their effect will only be stronger in the coming years. The end result will be that successfully trading the market will be even more difficult.Read the full news hereAnalysts claimed that bot-trading may possibly dominate in the 2020's, do you think it is time for traders like us to panic now?If they do what we feared the most, it would likely manipulate the prices of Bitcoin and other cryptocurrencies as "wild swings" occur and may get even worse in more years to come.
Do you think we should be worried by this in the next few years of this decade? Let me know your reactions or thoughts about this one guys.
Thanks!
I ever faced with bot trading and make panic because when I put buy order always miss because bot trading put with higher price, I try to make my order buy higher amount and price but always bot trading make higher price than my buy order, then I try to use my price and waiting until price down for my order assets can buy some altcoin in market.