Understanding Automated Trading and How to Make Use of Crypto Trading Bots? In recent years, cryptocurrency market has exploded in popularity, and has created a range of opportunities for traders to earn good profits. Cryptocurrencies are known for their volatile nature, and prices for crypto assets fluctuate in the space of seconds/minutes. Isn’t it? As the market is open for 24 hours per day, and 7 days in a week, the investors have the opportunity to trade all the time, wherever they are. The combined effect of all such factors limits the effectiveness of manual trading in many ways. In many cases, investors are unable to react quickly to the fluctuations in prices in the market to achieve the optimal trades. And, we human beings cannot spend as much time to speculate the crypto markets as required to achieve the best trades. This requires round-the-clock monitoring of the crypto exchanges all over the world.
And, this is not possible in case of manual trading. This is where; automated/algorithmic trading or crypto trading bots come into the picture. These bots are the robots or the automated tools which use specialized software to trade automatically. Recently,
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