Post
Topic
Board Trading Discussion
Re: Bots
by
Mkmanik
on 14/08/2021, 14:01:13 UTC
Has anyone used bots? Are they worth the time and effort?
If you are talking about the trading bot, then I can say YES. They are worth the time and effort. But you need to set it up correctly. Now I am using the Grid bot strategy, It's easy to use. Kucoin offering 4kinds of trading bots right now. Grid bot, Future grid bot, DCA bot, and smart rebalancing bot. All of them are very useful if you know how to use those bots. Personally, I found the Grid bot is very profitable. Actually, when I create a Grid bot with any coin, I just try to find out support and resistance zone. I create the bot at the support level and close at resistance. I found this strategy is very profitable for Grid trading. You can try it from Kucoin official site. From the kucoin app and web version, you can easily use those bots. You just need to create an account at Kucoin and deposit some funds.