How bot trading influences the crypto market, explained

Cointelegraph

Published Aug 31, 2020 08:00AM ET

Updated Sep 01, 2020 10:00AM ET

If using bots to automate your trades sounds like something you would be interested in exploring further, there are many resources available. You could certainly begin by digging into different trading strategies and see what bots are available that cater to them. If you really want to get your hands dirty you can of course even build your own, however this is mostly for users with a high degree of both programming knowledge as well as trading expertise.

For a beginner, it may be wiser to go with a service that can help walk you through some of the choices involved with trading bots. Just answer some questions about what you want to trade and where, and the systems can even come up with the most profitable strategies available based upon current market conditions. There are many services available out there, but popular ones such as Cryptohopper, 3Commas and TradeSanta should offer all the tools needed to get started. You can even try them for free which, TradeSanta offers. It is, of course, strongly recommended that users always begin small until they have a better understanding of what they are doing.

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