Quote from: AicecreaME on February 04, 2022, 11:57:13 AM

Quote from: Davidvictorson on December 29, 2021, 07:22:16 AM

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've heard about it but never tried it, sounds like using a script to automate your trade but I highly doubt that it's gonna make people millionaires, sounds too good to be true for me. The answer on your questions are already given when you doubt it why you don't see it using by the majority, simply because it's not working. Trading needs to be hands on, because you need to monitor the market as much as possible, you'll need that for your technical analysis to make it profitable as much as possible if you could.

Everything that sounds too good to be true isnt really something you should really be dealing off with and dont easily fall yourself to believe that it could really make you rich just like on what others been

claiming.Bots are for automation nothingless but people do really have those kind of impression that you would make out guaranteed profits on using these.

The only thing that you could rely is only into yourself on which you would really be depending on your own skills and knowledge and nothing beats out when you do
make manual trades.