Hi all

Can you advise whether it is advisable to use a trading bot to trade cryptocurrency?
Such bots are sensitive to volatility, which often happens in the cryptocurrency world.
And how will the bot behave in a falling market?
I used one well-known bot for a month and it made 25% of my balance in a month.
And now I want to invest a lot more money in it.
Thanks
While it is good that you made a good amount of money with that bot, you need to understand that bots are not automatic money making machines, bots also lose money in the markets as they depend completely on the strategy that was coded into them by their developer, as such it is difficult to judge if the bot you are using is in fact profitable with just a sample of one month, now if you know exactly the strategy the bot is using you could backtest the strategy and see if it works long term, but such a thing will require a lot of time and effort which very few people want to invest in doing something like this.