The concept of automated trading is nothing new. Wall Street has relied heavily on trading bots to increase the wealth of companies and high-net-worth clients for decades. Over the last 10 years, computer-driven funds like Renaissance and Citadel achieved annualized net returns of 37.1% and 22.1%, respectively, by simply employing automated trading tools.
Up until recently, it was impossible to create wealth unless you were fortunate enough to have access to a large amount of starting capital. This is no longer the case. The rise of crypto has democratized money, making way for anyone with internet connection to participate in wealth accumulation. And guess what? The same technology behind the automated trading tools used by traditional finance are now available to you. And they’re easier to use than ever before!
Crypto trading bots execute the best possible trades automatically, removing the need for any human intervention.
But who is the better trader: the bot or the human?
Humans are emotional. Bots are not.
Humans are inherently rife with anxiety, FOMO, and overconfidence depending on the time of day. When trading, emotion = danger. Trading bots, on the other hand, completely lack emotion and are immune to the hype and noise which befall so many, especially novice, traders.
Bots self-optimize. Humans do not.
Humans lack the ability to both a) abide by a strict set of rules and b) abandon rules or habits in favor of better, more useful ones. They are slow to adapt when something isn’t working. But bots are continuing to get smarter. With advances in AI, bots are capable of self-optimizing, to determine the best methods to achieve the greatest outcomes for any given task.
Humans have a bandwidth and throughput issue. Bots do not.
Trading bots are capable of making computations millions of times faster than the human mind can. They can execute thousands of trades across multiple markets almost instantly. And the smallest of trades done in large volumes can compound into huge gains.
Humans require food and sleep. Bots do not.
Whether they mean to or not, crypto traders will often end up spending their days staring at charts and kicking themselves for missed opportunities while out eating, sleeping or simply doing just about anything else. Unlike humans, trading bots are online 24/7. They just want to do what they were programmed to do — accumulate returns!
Bots can adopt the latest tech like AI and ML. Humans cannot.
Trading bots can easily adopt and implement the latest technological tools on the market, such as artificial intelligence and machine learning.
Sorry humans, but the crypto trading bot is the clear winner. Although the same cannot be said for the bots of years past, today’s crypto bots are smarter than ever before, giving humans the potential to make a lot of money with minimal time and effort.
You have many choices in today’s market, including OSOM’s Crypto Autopilot trading bot. It implements the latest technological tools such as AI to look for the biggest growth opportunities amongst Bitcoin and 30+ altcoins to increase your holdings. In fact, during its Alpha test run, the Crypto Autopilot increased its users’ BTC holdings by 6.4% within just a matter of weeks*.
The Crypto Autopilot is currently in closed Beta with hundreds on the waitlist. Each week, we invite just 100 people to try it out.
*Average gain across all users between 7 May 2020 (commencement of Alpha Test) until 3 June 2020.
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