Crypto Trading Bots

[Benefactor]

The thing is past patterns, history and bots investigation aren't 100 percent right with the current market, you should know about exchanging ready to acquire benefit. However, they are completely exposed to the very dangers that exchanging an exceptionally unstable market has uncommonly assuming you consider the siphon and dumps of altcoin market.

[TheUltraElite]

The thing is past patterns, history and bots investigation aren't 100 percent right with the current market, you should know about exchanging ready to acquire benefit. However, they are completely exposed to the very dangers that exchanging an exceptionally unstable market has uncommonly assuming you consider the siphon and dumps of altcoin market.

There will be ups and downs. But the market is profitable if people know how to use the timing of buying or selling. There will be methods to attempt to make the procedure easier like bots and algorithms but they don't help in confirming a profit. There will be losses incurred just like any regular trader will get.

I won't say that market is exponentially unstable but the change remains within 15% in Bitcoin. Don't take altcoins into the consideration because they are not be trusted for long term development.

Use a bot only if you have developed it yourself and know that the bot is only an automation of your methods not some trick to fool a profit.

[rojan]

Not every bot is profitable, actually, most aren't. So, Ideally the bots actually generate a profit and ideally that profit is greater in risk-adjusted terms than had you have just bought the same coins and held them throughout.

Here I think that those who use these paths have no knowledge of trading as a competing trader so it is going to be difficult to win their position step by step because they may not have any qualification to treat in the first place if they have a foundation as an individual.  So I think maybe they can make some money from trading codes

[elisabetheva]

what is clear is that we must first identify what is meant and its use, a trading bots is a system that runs transactions automatically using an algorithm so that users do not have to bother monitoring the market.
is a computer software that can work automatically for market monitoring, calculating entry opportunities, placing transactions, and performing risk management based on algorithms that have been embedded in the program lines.

With what we already know and its uses, we can conclude for ourselves because this is in the form of a human-made system, so it could be that what is made is not in accordance with what we want because we still have to do something for the system to work.
but I myself totally agree with what the op said, that if it is as good as they claim, why not use it as much as it should be.

but it should also be borne in mind that many bots are illegal and very unreferenced, as they are selling for their own profit. even if it's legal, it won't necessarily be able to make what we do good.
so all decisions are on oneself, if it is only used to help analyze it is better, but the decision must be on oneself.