There are still red ones left for those who want to take one 🤗here's the code 😊
viajero solitario
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Bearish
“Trading Bots on Binance" . Are they Allies or Traps for Beginners?”.
Can you imagine having an assistant that buys and sells cryptocurrencies for you 24 hours a day, even while you sleep?. That is, in a nutshell, what a trading bot on Binance does. But be careful: it's not magic, and it's not a guaranteed way to earn without learning.
On Binance, the most commonly used bots to get started are:
Spot Grid Bot → Buys low and sells high within a range that you define. It works well in rising or sideways markets.
DCA Bot → Invests a fixed amount at regular intervals to average the entry price and reduce the stress of “timing the market”.
Rebalancing Bot → Maintains the proportion of your portfolio by automatically adjusting according to your chosen percentages.
How to test them step by step: Enter the Binance app and look for Trading Bots. Choose the type of bot you want to use. Set up the crypto pair, the amount, and basic parameters. Activate the bot and periodically check its results.
Important. A bot does not predict the future. If you set it up incorrectly or the market changes abruptly, it can lead to losses. Additionally, fees are always charged, even if the profit is small.
In summary. If well configured, it can help you automate your strategy. If poorly configured. it can be a problem. Start small, learn its logic, and do not let it run without supervision.
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