Can trading bots be profitable?

It’s important to note here that not every bot is profitable, in fact, 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.1 Ağu 2019

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Is using trading bot profitable?

Answer: Trading bots are profitable for as long as you can configure them properly . Best crypto trading bots will obviously make profits and it is essential to set to test them or have some sort of guarantee first before buying. Then it is essential to learn their working. Otherwise, they can also make losses.

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Does crypto trading bots work?

Bots are used by traders to take advantage of the cryptocurrency markets that trade 24/7 all over the world . The advantage bots have over investors is they can react quicker. Meanwhile, most investors also don’t have the time to dedicate to always get the best trade—something that bots can do.

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