News from the crypto world.

  • When it comes to choosing and programming bots, you must follow the basic rules of automation

    Automation does not mean the complete absence of human intervention. You still need to think about fundamentals and do due diligence.

    Large, time-consuming tasks that are fairly repetitive and cause unnecessary complications should be automated first.

    So what exactly can be improved with trading bots? Let's see.


    #1 Repetitive Tasks

    Repetitive administrative tasks require a lot of time and effort. A trading bot will allow you to virtually "copy and paste" specific tasks to facilitate trades. One of the clearest examples of repetitive cases where bots can help you is periodic rebalancing. If you choose to rebalance hourly, then you need to, as the name suggests, rebalance your portfolio every hour.


    So you have two options

    You can set an alarm to do it manually every hour and eventually go crazy.

    Create a trading bot and program it to rebalance your portfolio hourly until the end of time.

    No. 2 Timing of operations

    Timing and achieving a high degree of accuracy in trading are essential to a successful trader. Every trade you make can have a huge impact on your earning potential. Let's look at one example. Let's say that the price of Bitcoin is going down and we want to sell our position the moment it hits the $8750 support line.


    If you do it manually, you will have to patiently and carefully observe the price chart, and even then you may not have time to click on the button at the right time. The bot is quite easy to program to monitor the market and make a trade at the right time.


    #3 Day trading can be a full-time job

    We all have many daily responsibilities that can get in the way of sitting in front of computer screens and following price charts 24/7. Also, imagine the headache that would be if you had a really well thought out and diversified portfolio! The amount of research that you have to do every day can be overwhelming if you do it all alone.


    In addition, as we mentioned earlier, there are many repetitive labor-intensive tasks in the trading process. A trading bot can efficiently perform these repetitive tasks throughout the day and make the process much easier.


    #4 The market never sleeps

    As we mentioned earlier, the cryptocurrency market never stops working. There are literally thousands of exchanges around the world, providing their services 24/7. It sounds very good, but the reality is that the price can also change around the clock. Unfortunately, this means that in order to ensure that you are using your funds to the best of your ability, you will need to be awake at all times, carefully reading price charts.


    Since this is not possible for a human, you have two options

    Give up the maximum possible profit by exiting the market for a while.

    Enter the desired settings in crypto-robots so that they automatically execute strategies while you sleep.

    #5 Complications can be simplified

    Consider an example of "intelligent order routing"

    The idea is to trade across multiple trading pairs.

    Each individual trading pair is selected as carefully as possible in terms of the time of the transaction, the number of assets and the price.

    The entire process must be completed within a certain period of time until market conditions change.

    Sounds simple enough, right? However, the execution of such a transaction may be practically impossible. This is just one of many examples of complexities to consider when learning to trade. Some strategies are almost impossible to implement.


    The robot for trading on the cryptocurrency exchange makes it easy to automate the most complex strategies.

  • When my friends and I wanted to try our hand at cryptocurrency trading, one of us found a platform with support for many crypto trading bots and built-in access to popular exchanges with the ability to trade different cryptocurrencies at the same time. We liked it so much that we decided to cooperate with this platform. So far, we like everything and are satisfied with everything. Commissions are low and leverage is available.

Letzte Aktivitäten

  • MichealHAlexander

    Hat das Thema Escort Sites In South Bend gestartet.
    Thema
    South Bend is a city on the St. Joseph River in Indiana known for the adjacent University of Notre Dame, as well as other landmarks like museums and historical homes. Do you know what else is historical? The nightlife and the escorts!

    Escort Sites In
  • MichealHAlexander

    Hat das Thema Escort Sites In Derry Village gestartet.
    Thema
    While it’s called a Village, Derry has many features of a city and one of them is its population of about 35,000. And that makes it the most populous town in Rockingham County. Being the birthplace of Alan Shepard, the first American astronaut to get
  • MichealHAlexander

    Hat das Thema Escort Sites In Allentown gestartet.
    Thema
    Allentown is a city that holds historical significance as the location where the Liberty Bell (then known as the Pennsylvania State House bell) was successfully hidden by American patriots to avoid its capture by the British Army during the American
  • Werniar13

    Hat eine Antwort im Thema Viagra Pills verfasst.
    Beitrag
    Ich möchte einen Online-Shop für Medikamente empfehlen, die Medikamente zur Potenzsteigerung verkaufen.

    Zunächst einmal gibt es ein gutes Preis-Leistungs-Verhältnis, also wenden Sie sich an die
  • Rosenbluete

    Hat eine Antwort im Thema Wie ruhst du dich normalerweise aus? verfasst.
    Beitrag
    Essen und Trinken im Hotel davon kann ich ein Lied singen. Denn wir hatten da bei unserem letzten Hotelbesuch einen am Nachbartisch, der bei jeder Mahlzeit stets die Sau rausließ und geschmatzt und gegrunzt hat wie ein Schwein. Ich kann es nicht anders…
  • Rosenbluete

    Hat eine Antwort im Thema Best survival game - Squidgame verfasst.
    Beitrag
    Hmm ich finde so etwas schon heftig muss ich sagen. Diese künstlichen Szenarien und denen es so oberfiese Schurken gibt, denen Menschenleben nichts wert ist. Leider gibt es auch solche in unserer Welt. Insofern habe ich mir schon mal zum Spaß etwas…
  • Rosenbluete

    Hat eine Antwort im Thema Wie habt ihr euer zu Hause eingerichtet? verfasst.
    Beitrag
    Wir haben zuletzt wunderschöne Kokosmatten zur Einrichtung oder sagt man "Ausrichtung" für unseren Eingang gekauft. Diese Fußmatten sind super gut und bestens geeignet, um die Schuhe schön abzustreifen und möglichst wenig Schmutz mit ins Haus zu tragen.
  • Rosenbluete

    Hat das Thema Symole zum Schutz gestartet.
    Thema
    Hi Leute,
    ich überlege mir einen Edelstein mit darin eingraviertem Symbol für Schutz zu kaufen. Welches dieser Symbole zum Schutz ist denn in euren Augen das mit der besten Aussagekragt bzw. sagt euch vom Stil am meisten zu? Auch will ich keines was…
  • Rosenbluete

    Hat eine Antwort im Thema Welche Kamera mit auf Reisen nehmen? verfasst.
    Beitrag
    Als wir neulich hier waren https://www.such-und-find.de/n…ge-suedfrankreich/id22141 filmte ich alles mit meiner Handykamera ab. Da diese aber ein sehr gutes Modell ist, waren die Bilder sehr hochauflösend und gestochen scharf. Wirklich beeindruckend,…
  • zackwang

    Hat einen Kommentar an die Pinnwand von zackwang geschrieben.
    Pinnwand-Kommentar

Jetzt mitmachen!

Sie haben noch kein Benutzerkonto auf unserer Seite? Registrieren Sie sich kostenlos und nehmen Sie an unserer Community teil!