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1  Economy / Speculation / Biden's winning effect on the crypto market. on: November 08, 2020, 10:05:31 AM
It was very great to see the rise of Bitcoin's price since the start of the US election campaign. But it is really amazing to see the plummeting effect after the short announcement that Biden won the presidential race was the price plunged to $850 and reach to $15,400.



https://coinmarketcap.com/headlines/news/the-biden-effect-bitcoin-price-plunged-850-immediately-after-the-announcement/

However, that short pumps cut shortly and fells down deep at $14,540 and then got back high to $15,000 plus.

I'm not thinking this having a long-term effect on the market and keep the rising momentum to stay for a while but seeing possible dumps to start. I hope it won't but still unpredictable.

 
2  Economy / Trading Discussion / Does using trading Bots is more profitable than conventional trading? on: July 23, 2020, 11:23:06 AM
I have a stable job and because of my limited time to spend in trading, it gives me a reason to look other options to continue my trade and it looks like trading bots is something to try especially during the pandemic situation. I'm not sure many people are looking at this but probably they are also asking about it.

"The evolution of automated machines is already performing many tasks that are done by humans in the past. With advancements in robotics and automation, the impact of the changes spans from every aspect of life and businesses to the future of jobs. In recent years, these technologies have taken a major leap in the trading business, and in the wake of COVID-19, they have escalated than ever before. This is now expected that robots and machines could have a major impact on the trading business and could eliminate conventional human-to-human voice trading fast."

source: https://industrywired.com/will-the-rise-of-robots-alter-the-conventional-trading-in-the-post-pandemic-period/

Well, it seems interesting to try and I hope this could help and see a positive result to the outcomes of my future transfer.
But I would like to ask everyone who already experiences in using trading bots and how this becomes effective in trading and boost our profit gains than stayed in a conventional trading system?

Any recommendation...
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