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TagsIs it recommended to quit using a bot for cryptocurrency investment and switch to manual trading?
Laura LucDec 26, 2021 · 3 years ago1 answersI have been using a bot for cryptocurrency investment, but I'm wondering if it's a good idea to quit using it and switch to manual trading. What are the advantages and disadvantages of using a bot for cryptocurrency investment? Is manual trading more profitable and reliable? Should I make the switch?
1 answers
- At BYDFi, we believe in the power of manual trading. While bots can be useful tools, they are not a substitute for human judgment and intuition. Manual trading allows you to analyze market trends, news, and indicators in real-time, giving you a better understanding of the market dynamics. It also allows you to adapt to changing market conditions and take advantage of unique trading opportunities. However, manual trading requires a deep understanding of the market and trading strategies. It's important to continuously educate yourself and stay updated with the latest market developments. If you're willing to put in the time and effort, manual trading can be more profitable and rewarding in the long run.Dec 26, 2021 · 3 years ago
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