Trading bots have always sounded like a good idea especially for people that don't know much about trading or want decent profit. Even though it sounds like a good idea, I rarely see people use it much or hype it up especially the good traders.
Do you guys recommend I try it?
Do you guys recommend I try it?
There is something I.wamt you go know about Trading bots, they are programs that behave when they see the properties they are programmed to do especially when they signal things about the market, they know when it's right to buy and when to sell but generally, trading bots are very profitable only in bull run as the market tends to to be bullish only that time, you will make loss or nothing in bear market if you try it out.
My advice is, if you don't have time for trading, don't waste your time using it because if in deed it's profitable and can prints money for traders, a lot of people will be using it but just less people used it and they are not that profitable when compare to when you do the trading on your own. If you don't have the team, kindly buy a coin and hold, it will benefit you than when your trading and the bot is chopping off your trading capital.
Trading bots are useful on the moment that you arent that on the front of your computer on which this would really be making things lot more comfortable. If you are someone who do have
those kind of hopes that it could make sure money then you are definitely wrong with that. Market volatility will really fucked up you hard and made out those kind of realizations on things.
Make use of it according into the real usage of it. Dont tend to have that kind of wrong assumptions about bots because it will really be always basing up into the commands or setting that you had put on.
Dont make yourself having that kind belief that it will really be doing some magic.
