We all know how volatile the crypto market is especially now. I have heard so much about crypto trading bots and their possibilities of automating the trading process and turning folks into crypto millionaires. For some of these bots, the user can program them to buy at predefined low and sell at a predefined high. I’m pretty skeptical about this maybe out of ignorance or just sheer human skepticism for stuff like this. Have you ever used a bot to automate your trading? Do you trust it enough to make the right decisions? If trading bots are as good as they claim, why are folks not using them as much as they should?
I would not say "never" use them, they are still something that you could learn a bit of things from, they are still not that far away from the reality and it is certainly good if you could find a decent bot as well. The main problem that most people forget is that unless you have been using one for a long time and know how to use it then you are not going to even make a profit during the bull period.