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.
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.
I talked for some time with algo traders who actively trade through robots and came to the conclusion that the most efficient bot is the one that is written with your own hand for a specific strategy based on statistics or a robot written by some programmer to order, for your strategy. All robots that are purchasable off-the-shelf solutions will not bring long-term success, especially robots that are trying to sell online for a small amount.