Why you should avoid trading bot

[HeRetiK]

Trading bots are very risky to use, have a given task and cryptocurrencies are very dynamic so the bot is not able to speculate. When it comes to easy ways to earn money, it's cloudmining! For short-term investments there is no risk-free earnings.
Check [...] or other cloud mining platforms

For any newcomers reading this: Avoid cloud mining services like the plague, the only ones making a profit off cloud mining are the service providers themselves. For everyone else it's a losing proposition as you get overcharged for hashpower that is extremely unlikely to break even, let alone be profitable.

[artdisrupt]

Why you must avoid trading bot.
1.The market Is not control by bot but traders who are humans who place orders.

2.Emotional sentiment by traders can drive the direction of the price which the bot might not detect.

3. Crypto news channel also drives the fluctuation the price such as the sudden announcement of ban of crypto asset by China or any other countries.

I think that you should know by now that trading bots based their decisions on technical analysis which a lot of members have pointed out already, and to tell you frankly I really don't think you know what you are talking about. Technical Analysis is basically the study of human behavior in charts as how they will decide which the market will move next it would automatically reflect on its charts. So if you think that trading bots don't know what humans do then think again. Next time when you are creating your own opinion at least make your facts straight or believable for other readers.

thanks for your comment . i want let you know that market direction is not only by TA analysis . there are factors that drive price to any given direction . bot are good but is not  what  you should depend on making critical decision on financial instrument trading . the banks and other financial institutes dont use Bot to trade financial instrument . secondly i will create your indulgence that you dont need to limit your trading knowledge only to crypto currency exchanges but also to other plafform such as forex platform where bitcoin , ethereum , ripple are listed as crypto asset instrument . these are the big institution that drives the price . if you follow up NASDAQ news recently you will discover that BTC and LTC have been listed among other stock . i hope l made some point to you .