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Bots are so hard to judge how “good” they are since they can really only make you money if you use them on the right coin at the right time. A coin that is consistently fluctuating around your entry price. If the coin trends down, then you’ll lose, it if trends up, then you gain but not as much as if it had just fluctuated
The bot is making profit only when coin is performing well (long)… when coin is dumping is normal you’re loosing. But if you take it long term is like buying on spot. If you understand the algorithm they are profitable long term ;)
I agree with you! Copy trading over Bot trading that's why I use it on the Bitget exchange. Now that Bybit won't be functioning in the Canadian markets, Bitget would be the next best option for copy traders.
The futures grid bot works much better. You need to set the right parameters. Don't create one without looking at the chart. Keep a long term investment in mind because bot will be performing better and better. Liq. price will gradually go down. Treat it like roulette with the house edge in your advantage, because technically it is like that.