• Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN
Easyworknet
No Result
View All Result
  • Login
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Trading bot for crypto trading

sweety by sweety
10 months ago
in Business
Reading Time: 2min read
0
Trading bot for crypto trading
0
SHARES
54
VIEWS
Share on FacebookShare on Twitter

The crypto industry emerged relative to traditional stock markets not too long ago. It’s no secret that much of what the crypto market has today was taken from traditional markets. This includes futures contracts, spot trading, leverage, etc. 

Because of these similarities, many traders from the stock market are gradually moving into the crypto industry.

However, this is not all that has moved from traditional markets to crypto. Along with many useful updates, the trader’s helpers – trading bots – have also migrated.

Trading bot

Trading bots in the stock market have been around for a long time. The first ones date back to the seventies. However, at that time they were rather primitive. Traders used them only for signals during price changes on charts. After that a trader decided what to do with the asset, buy or sell it.

Of course, over time, robots became more perfect. Trading bots started to get more advanced features and algorithms. But not everyone wanted to use such a handy assistant. It was not quite clear whether it was legal to make profit using trading robots, so most traders tried to avoid bots.

All this continued until the late nineties. At this time, the SEC officially allowed the use of trading bots during trading. This permission gave a second life to trading robots and their developers started working harder and harder on new algorithms.

Since then, in the traditional stock market, more than 70% of traders have started using trading bots. The advantage of trading with a bot is hard to overestimate, as it works entirely according to a preconceived strategy and configurations laid down in it by the trader.

In the cryptocurrency market, trading bots are also in high demand. What is their convenience?

  • Automated trading. The user sets in advance the strategy and configurations by which the bot will execute trades. A person can then go about their business, while the bot in turn trades autonomously.
  • The bot can trade multiple trading pairs simultaneously and on multiple crypto exchanges. It would be quite difficult for a human to do that.
  • The human factor is eliminated. Any trader can, at one time or another, make a mistake without even noticing it. And this mistake in its turn can bring losses to a person. In addition, people are prone to emotions and unreasonable actions, for example, during stress, which will surely lead to financial losses. In a bot, these factors are excluded.
  • Trading without stopping. Sleep is vital for everyone. While trading, rest is especially important. Besides, it is necessary to devote time to family and friends and it is not possible to trade during these times. The crypto bot can continue trading 24/7 without interruption, which is undoubtedly one of the most important advantages of the robot.
Post Views: 0

READ ALSO

Ensuring Home Safety and Security During Your Travels

Ensuring Home Safety and Security During Your Travels

September 26, 2023
Beyond the Recall: Proactive Strategies for Ensuring Product Integrity

Beyond the Recall: Proactive Strategies for Ensuring Product Integrity

August 22, 2023
Authorised Push Payment Fraud

What is Authorised Push Payment Fraud?

February 21, 2023
Why Protecting Your Employees Is In Your Best Interests

Why Protecting Your Employees Is In Your Best Interests

February 15, 2023
Previous Post

Chat and Meet apps for mobile

Next Post

Can A Personal Injury Lawyer Etobicoke Help With A Wrongful Death Case

sweety

sweety

Hi people, I am a 28 year old girl and you can smell the freshness and compassion from my writings. I love to spend time alone with nature and learn my work from its goodness. I believe what you experience is the shadow of what you write for your readers.

Related Posts

Ensuring Home Safety and Security During Your Travels
Safety and Security

Ensuring Home Safety and Security During Your Travels

September 26, 2023
Beyond the Recall: Proactive Strategies for Ensuring Product Integrity
Business

Beyond the Recall: Proactive Strategies for Ensuring Product Integrity

August 22, 2023
Authorised Push Payment Fraud
Business

What is Authorised Push Payment Fraud?

February 21, 2023
Next Post
Can A Personal Injury Lawyer Etobicoke Help With A Wrongful Death Case

Can A Personal Injury Lawyer Etobicoke Help With A Wrongful Death Case

Holiday

A Break from Work for the Holiday

Post-Hurricane Clean-Up: 5 Dos and Don’ts

Post-Hurricane Clean-Up: 5 Dos and Don'ts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ensuring Home Safety and Security During Your Travels

Ensuring Home Safety and Security During Your Travels

September 26, 2023
the herringbone parquetry flooring

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
From centers that offer child care in Liverpool

Nurturing Tomorrow’s Visionaries

September 8, 2023
maintain a consistent temperature

Thermal Protectors: Safeguarding Your Assets

September 8, 2023
water dispensers offer a trusted source

Exploring the Importance of Quality Drinking Sources

September 8, 2023
From Battery to Brake Lights: Ensuring Seamless Functionality

From Battery to Brake Lights: Ensuring Seamless Functionality

August 29, 2023
Ensuring Home Safety and Security During Your Travels

Ensuring Home Safety and Security During Your Travels

September 26, 2023
the herringbone parquetry flooring

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
From centers that offer child care in Liverpool

Nurturing Tomorrow’s Visionaries

September 8, 2023
maintain a consistent temperature

Thermal Protectors: Safeguarding Your Assets

September 8, 2023
water dispensers offer a trusted source

Exploring the Importance of Quality Drinking Sources

September 8, 2023
From Battery to Brake Lights: Ensuring Seamless Functionality

From Battery to Brake Lights: Ensuring Seamless Functionality

August 29, 2023

About Us

For Authors: Easyworknet is a tech-related and guest post-friendly blogging platform. We are ready to serve you information through our website. Here you can read and write whatever you want and share your valuable thought with others to help them grow with knowledge. You can help our readers by publishing an informative and quality guest post. Publish anything except spam…Happy Guest Blogging..!!

🙂

Safety and Security

Ensuring Home Safety and Security During Your Travels

September 26, 2023
Ensuring Home Safety and Security During Your Travels

Leaving your home unattended while traveling can be a source of worry. However, with careful planning and a range of...

Read more
by samanvya
0 Comments
Safety and Security

Ensuring Home Safety and Security During Your Travels

September 26, 2023
Home Improvement

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
Education

Nurturing Tomorrow’s Visionaries

September 8, 2023
  • Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN

Easyworknet © Copyright 2023, All Rights Reserved.

No Result
View All Result
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career

Easyworknet © Copyright 2023, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In