At a time when the trend is simply moving sideways, you could also try out a few grid bots.
The most difficult thing about this type of bot is selecting the minimum and maximum value for the total. If you choose the wrong one, the bot can break out of the range and quickly lose money in the lower range.
Therefore, it is advisable to consider stop/loss triggers here as well.
Even if the price quickly breaks out of the upper range, the result will be worse than if you had simply bought without a bot.
However, if the price fluctuates volatilely between the selected minimum and maximum values, such a bot can easily make 2% to 5% weekly.
As is common in trading, there are no guaranteed profits; everything depends on your personal selection of values and the market itself, which can lead to very high losses in crypto trading in a short period of time, even total loss is possible.
The image serves only as a virtual example and does not constitute a prediction. The entire text is purely informational and does not constitute an investment tip. Play the game at your own risk.
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