10% month with BOTS: risks, pros and which bot and why I'm using
0#tradingbots #strategy #gridbots #bearmarket #bitsgap
Trading bots are a powerful tool to take advantage of specific market conditions without having to stay connected all the day. It's taking out all the hassles, but it's not free of risks.
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The content provided here is intended for informational purposes only. It should not be considered as financial, legal, or tax advice. The views expressed in this text are solely those of the author and should not be interpreted as the opinions of a licensed financial advisor or registered investment advisor. Please be aware that trading cryptocurrencies involves significant risk, and there is a possibility of experiencing losses. The author does not guarantee any specific results or outcomes. Before making any financial decisions, it is recommended to seek advice from qualified professionals.
00:00 Trading bots
01:21 Why using a trading bot could be something interesting
01:34 What is a trading bot, different kinds of trading bots in the market
02:03 What are the different use cases
02:10 The most famous one: the Grid bot
03:36 Anther way to use a bot
04:21 Other ways to use the trading bot
04:46 Different kinds of bots
05:01 Personally, Free Commas, Bitsgap
06:33 The reason why I’m mentioning the Referral Program
07:00 Why using a trading bot could be something interesting
07:35 A possible risk
08:26 The first interface
09:08 Another thing you should remember at the moment when you are choosing which bot you are looking for
09:35 The area where you can find the different bots
10:31 What I prefer
10:51 The reason why I’m showing you this chart, is the risk connected using a bot
11:30 What happens if the price goes down, the main risk
12:04 What you can do in order to defend yourself
12:46 The daily chart
13:23 Another way to reduce your risk
14:25 Set the rules to defend yourself
15:00 Just trying to summarize
16:07 Suggestions
16:27 If you wanna use Bitsgap
17:21 Conclusion