What is bot trading?
Bot trading is automated cryptocurrency trading using special programs (bots) that independently buy and sell assets according to specified algorithms.
🔧 How it works:
- You set the rules (for example: buy BTC if the price drops by 5%)
- The bot connects to the exchange via API
- It analyzes the market and executes trades without human involvement
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📈 Advantages:
- ✅ Works 24/7 without emotions
- ✅ Reacts instantly to market changes
- ✅ Ideal for scalping, arbitrage, DCA strategy
⚠️ Disadvantages:
- ❌ Requires proper setup
- ❌ Risk of losses with incorrect parameters
- ❌ Does not guarantee profit — the market can be unpredictable
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🧠 Example:
> The bot is set to buy ETH if RSI < 30
> It automatically opens a position when the condition is met
> The trader sleeps — the bot works
