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#BotOrNot – My Experience After Using Binance’s Bot for 3 Days
What happened:
I decided to test Binance’s trading bot by putting in $200. I set it to trade BNB using technical analysis. The plan was:
Buy if the price dropped by 0.23%
Sell if the price went up by 0.28%
In 3 days, the bot made 22 trades.
Result:
I earned just 2 cents.
If I had just bought BNB and held it, I would’ve lost $2. So, technically, the bot helped avoid a small loss—but the profit was so small, it didn’t really feel like a win.
The problem:
The bot needs regular updates. If the market changes too fast, the bot can't keep up. In a strong uptrend or sudden crash, it might not work well at all.
