70% Win Rate: My Experience Using A Crypto Trading Bot
Before I proceed with my experience using a popular crypto trading bot in 2021, let me first explain what a crypto bot is.
Cryptocurrency Trading Bot is a software programme that automates the process of buying and selling crypto on behalf of a trader. These kinds of bots are designed to execute trading strategies based on predefined criteria and parameters.
In 2021, a friend introduced me to a popular crypto trading bot called RoyalQ. At first, I was sceptical after hearing several cases of bot malfunctions and other security reasons. I eventually signed up with a $120 fee, generated an API from Binance, and linked my account.
After every set-up, my crypto bot started trading with the fed information and funds in my account. I used this bot throughout 2021, and the performance wasn't bad; I was maintaining an average 65-70% win rate. It was an amazing experience until I didn't understand their services again.
I look forward to using Binance Grid Bot instead of any secondary bot again. I will share my experience when I do.
P.S. Before using a crypto trading bot, you need to be an experienced trader, as you're the one to feed all the necessary data to the bot while it executes the command.
Have you used a crypto trading bot before? What's your experience like?
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