Re: Experience of using a cryptorobot

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

dont be hurry to invest more money ,better test this robot trading for longer time so we could review is it could survive in bullish or bearish trend also. maybe around 6 months enough for testing periode , if the result still consistent we could add our balance. but if trading result still unstable maybe current amount enough as long as we accept this risk.

Nothing beats out if you do really make use of these robot but at the same time you should really know on how to deal up with trading and of course you should be aware and does have the skill
because using up robots without having no knowledge then it wont really be that much effective.Its up to you whether you would really be making use of it for passive type of trading
career but dont expect nor anticipate that it would make money for you on guaranteed manner because thats not how things or reality works.

Indeed, people imagine that people will be comfortable using bots, so we don't do anything and then get passive income which is a tantalizing amount. I think the first thought for those who will follow it is like that. but in reality it is not as sweet as we imagine because one day we will experience severe losses, because bots can only work according to orders, while the market is dynamic. therefore if we can master manual trading, then we will understand when the bot can work