Quote from: TitanGEL on January 26, 2020, 03:38:39 AM

Quote from: drachman on January 26, 2020, 01:51:39 AM

Quote from: Karmakid on January 22, 2020, 11:01:07 AM

There is nothing to panic about the bots dominating the market because as long as you know how to read the candlestick chart and you know how to read the patterns and interpret them into a decision making factor then you will be all good in the field. Bots are created because they have strategy in their mind and that is what you should also do, you should have a strategy in your mind and execute it manually so you will be more skillful than them.

Bots may not be smarter than the smartest and best traders but when they can look at hundreds of indicators and look for patterns that no human will ever find then they are way better than most traders and if you are a day trader then you should be definitely be afraid of them, they can take decisions in a matter of seconds that will take a lot more time to a human so they can be many times more effective than most traders and that is really important in a market that has such a huge volatility like this one.

Why would I be afraid to then? We humans have emotions and we can use it to think. Bots are just working because of the code and program. We humans are more better than trading bots. I do not like trading bots because of its bad reviews from the crypto community. I do not have plan to use it anyway because I used to trade with my knowledge and skills. I will never rely my portfolio in a trading bots because it is a risky decision.

Indeed, bots are created from humans who make bots with unique coding that maybe some people do not know what their function is, but you have to know that each bot makes a little gap that is not realized by the user who aims to see the balance of the user can even be used to steal user balances, you must be careful when using bots when trading.