Confessions of the currency circle——Things you need to know about Telegram Bot

🤖 The Telegram #Bot track is very popular recently. With simple settings, the robot can help you complete monitoring and buy and sell according to your requirements. I invested 0.1 Ether to try and quickly got a 10% return. It is not easy to make money in this market. I will briefly introduce the basic functions of these Bots and discuss possible future improvements.

Currently, users mainly use MaestroBot, Unibot and Banana Gun Bot. Most users mainly use the following two functions when using Bot:

1️⃣ Limit the price to buy and sell a certain currency

2️⃣Track smart wallet and operate it

The project team also focuses on optimizing the experience around these two needs, making it simpler and more convenient to operate and preventing being pinched. I gave it a try by following a smart wallet, invested 0.1 ether, made money quickly, and even completed the buy-in faster than the wallet being followed, which I successfully clipped.

😍 Benefits:

1️⃣ Around-the-clock monitoring: You no longer need to keep an eye on price fluctuations. By setting the buying and selling price, the robot will automatically perform the operation once it is reached.

2️⃣ More friendly to novices: There is no need to understand the concept of private keys, nor do you need to care about the details of executing transactions, to avoid encountering phishing websites during the transaction process.

⚙️ Directions for improvement:

🔐 Asset security issues: The wallet private key is in the hands of the bot development team, which is centralized. In addition, if a Telegram account is stolen, the assets in the account may be hacked.