Post
Topic
Board Altcoin Discussion
Re: Are trading bots worth using in the cryptocurrency trading?
by
Altcoiner007
on 29/09/2023, 15:00:13 UTC
Trading itself is risky, but then if you are not the one that is making the trading decision and controlling the market according to your experience you are risking more compared to the original risk that trading offers.

If you understood me very well. It is better you learn how to trade by yourself and if there is need to use a bot it is to augment your trading strategy and to make some money even when you are off the screen .

Recently, with the trend of trading bots, it has become as if the boots has totally replaced the activity of humans in trading, which is very dangerous if the trend continues. It is just like copy trading, if another is somewhere making all the decisions for you, you can blow up your account at any time and no one will be liable for your loss.

The dependence on bot is becoming a concern. Although I must admit, bots have been very useful tools to maximize Investment profit. I've explored a number of them, trading bot, investment bot etc and on different Platforms. The recent one I've been looking at is Smart portfolio bot on Bitget. Looks like an interesting use of bot to leverage Exchange rate fluctuation for profit. Will be checking this one recommended by OP out as well.