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?
You can try it if you want, but don't expect too much about it especially if you aren't that knowledgeable enough when it comes to crypto trading.Do you guys recommend I try it?
Correct me if I'm wrong because I'm not using trading bots at all, but this bots need to be set by the person itself and if you don't know anything about trading, you might just end up losing money because of wrong parameters. It sounds like a good idea knowing that it's a bot and it automatically takes profit depending on the parameters that you set, but also take note that using a trading bot doesn't mean a guaranteed success or guaranteed profits. Maybe there's no hype around because it isn't that effective at all, or at least many expert traders aren't recommending others to use it.
For me, I would rather copytrade expert traders out there than using trading bots, or should I say I would rather trade myself than relying on bots.
