Finance and Law

How to Trade Bitcoin Automatically?

<p style&equals;"text-align&colon; justify&semi;">Trading bitcoin has proved to be profitable throughout its short history of existence&period; Unlike stock trading&comma; cryptocurrencies are active 24 hours a day and seven days a week&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><a href&equals;"https&colon;&sol;&sol;www&period;investopedia&period;com&sol;articles&sol;trading&sol;11&sol;automated-trading-systems&period;asp&num;&colon;~&colon;text&equals;Automated&percnt;20trading&percnt;20systems&percnt;20&percnt;E2&percnt;80&percnt;94&percnt;20also&percnt;20referred&comma;automatically&percnt;20executed&percnt;20via&percnt;20a&percnt;20computer&period;" target&equals;"&lowbar;blank" rel&equals;"noopener">Automated trading<&sol;a> means using automated trading software known as trading bots to get the job done for you&period; Trading manually was the first option&comma; and that’s how it all started&comma; but as the crypto world expanded&comma; the automated trading option became to be seen as a good option&period;<&sol;p>&NewLine;<h2>Why bitcoin automated trading became so popular&quest;<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p style&equals;"text-align&colon; justify&semi;">There are many factors why this happened&period; As mentioned earlier&comma; cryptocurrencies operate non-stop&comma; and they are highly volatile&period; These are the 2 critical factors as to why automatic trading became a great option&comma; turning investments in big profits&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Because of the volatility of the market&comma; automatic trading has become way more popular among traders&period; It allows them to control their trading all the time&comma; with the trading bot not sleeping&period; Furthermore&comma; a precisely specified bot will enable trades to be executed faster&period; Also&comma; trading bots get done everything more efficiently than the trader would be able to do manually&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Moreover&comma; there are many other benefits when using trading bots&colon; versatility&comma; no fear&comma; greed&comma; or ego involved&comma; which happens so often when trading manually&comma; their speed&comma; multitasking&comma; etc&period;<&sol;p>&NewLine;<h2>What are some of the best trading bots&quest;<&sol;h2>&NewLine;<hr &sol;>&NewLine;<p style&equals;"text-align&colon; justify&semi;">There are many bitcoin trading bots out there&comma; but you must pick a safe and reliable one&comma; to get the best out of it&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong><em>Here are the top 3 trading bots<&sol;em>&colon;<&sol;strong><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;">The Bitcoin Trader<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The Bitcoin Trader is one of the best trading bots out there&period; Trading is done automatically&comma; so there is no experience or a specific skill needed to operate&period; <a href&equals;"https&colon;&sol;&sol;www&period;bitcointrader&period;site&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">BitcoinTrader&period;site<&sol;a> was founded in 2015&comma; and it got popular in 2017 during the crypto boom&period; According to their site&comma; Bitcoin Trader allows you to earn a daily profit of up to &dollar;1000 by investing &dollar;250&period; Such a level of return translates to ROI of up to 400&percnt;&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;">Cryptohopper<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Cryptohopper is one of the game changers when it comes to trading automatically&period; They run entirely on the cloud&comma; and it takes only 5 minutes to set up your account and start trading&period; What makes them unique is that they have the option for new traders to subscribe to a list of professional analysts from all over the globe&period; Their dashboard is super modern&comma; and it allows you to profit from bull markets with a trailing stop loss&comma; and it possesses technical analysis features&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;">Cryptotrader<&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The CryptoTrader bot is a cloud-based trading bot that gives users fully automated trading solutions&period; It allows users to buy their preferred trading strategy or to sell strategies developed by themselves&period; Furthermore&comma; Cryptotrader supports most of the major exchanges for live trading and back testing also&comma; with the back testing tool enabling users to review how their strategies would operate under varying market conditions&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><strong>Conclusion<&sol;strong><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Automated trading is an excellent option to pick if you want to spend less time trading&period; <a href&equals;"https&colon;&sol;&sol;newsforpublic&period;com&sol;online-trading-bitcoins-know&sol;">Trading bitcoin<&sol;a> manually requires a lot of screen time and focus&comma; so here comes automated trading to help&period; Most people who get into trading have daily jobs&comma; so they cannot find the time to focus 100&percnt; in trading unless they quit their jobs and go full time&comma; so trading bots are a great option&comma; especially for beginners&period;<&sol;p>&NewLine;

Hardik Patel

Hardik Patel is a Digital Marketing Consultant and professional Blogger. He has 16+ years experience in SEO, SMO, SEM, Online reputation management, Affiliated Marketing and Content Marketing.

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