I wish it was so easy that I could just turn on a bot and make all the money. We can all dream right? For me I think the better strategy is probably just buy and hold. Other wise I am just chasing losses.
Most of those bots fails, if you really want to be a professional trader then you should just learn to do your analysis yourself, if trading bots are reay then I believe by now everybody will be using bot to trade because they will never lose money which I believe that's what everyone wants, most of those trading bots are fake which you will just end up losing money, so it's just better you take your time and learn about crypto trading before you invest your money and also invest the amount you can afford to lose. Also you can just buy your coin and hold just the way @melody82 said.
A brother-in-law called me and came to my house to ask me if it is true what a robot can do in trading, (crypto trading) he told me that the investment to obtain the bot is 170usd and that you can join BInance, and that the robot makes 3 to 5 trades a day, and that it can be earned as long as you have money in the account, but that one manages, let's say, the amount of money to risk, then according to him and a friend he has it and it is something that impressed me , he made me talk to his friend on the phone, but the friend really doesn't know much, so he didn't help me at all, so I came to the conclusion that he better invest his time in reading trading books so that he himself makes his trading decisions and who will apply everything he knows about trading, is much better than a robot.
I think it's true that some traders may be very helpful with the help of trading bots.
however for someone who is a complete beginner and has no experience at all in the world of trading.
I think should avoid using trading bots first, for beginners it is better to learn to understand trading and the market manually.
if at first we enter the world of trading using trading bots in my opinion it will make us untrained.
I prefer to trade manually and learn more with my friends who have already entered the world of trading.
I think there's a lot of new things to learn when trading manually and we're going to be exposed to the risks head-on.
because I think we will get profits automatically, if we already have the skills and experience in trading.
Well you are right, when a person wants to enter the trade and has no idea how to do it, I think that sometimes they look for ropbots so that they can operate for them, but I have experience that a brother-in-law told me that entering a bot, that he did everything, that you only had to pay 170usd and a capital yen in binance, I told him my reasons why I was not going to enter, and a little less than a week ago he came and told me that he did not enter either, but the people who they were in charge of that, they had to pay a lot of people close to $200k because they had lost too much money on it, so these things are dangerous.