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.
Read moreCan you make money with trading bots?
In general, experienced traders who have harnessed the skills can use crypto trading bots to generate huge profits . On the other hand, traders who make hasty trades and lack explicit knowledge of the market can incur losses using crypto trading bots.
Read moreHow difficult is it to make a trading bot?
It is trivial to build an algorithmic trading bot. The hard part is building one that makes a consistent profit instead of a consistent loss. It can be as difficult as you want . A bot is a means of delivering some trading logic.16 Nis 2019
Read moreHow long does it take to make a trading bot?
The most basic trading bot can be built in a matter of weeks . One such example is the arbitrage crypto trading bot built by Carlo Revelli.
Read moreIs it possible to create a trading bot?
You must be legally allowed to trade on the exchange and the assets it offers. Some countries don’t allow cryptocurrency trading, for instance. The exchange must have a Public API available. One cannot build a bot without an endpoint to send requests to .
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