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?
If those crypto bot were turning people into "millionaires", then everyone would have been using it and be a millionaire by now. They are not using it as much as they should because those kind of bots doesn't exists. If someone wanted to sell you this bot claiming that you can be a millionaire, he probably is trying to scam you. Why would he be selling it to you when he could be using it? Why would he even have to sell you for money? He is already a millionaire. Bots can be configured to steal your funds. Bots can malfunction and you might end up losing everything. So I would suggest you to stay away from those kind of bots.