Reduced manual intervention: Crypto trading bots can trade continuously, even when traders are offline, capitalizing on market fluctuations.
Speed and efficiency: Bots quickly analyse market data and execute trades in milliseconds, crucial in volatile markets.
Emotion-free trading: Bots eliminate emotional decision-making, reducing the impact of fear and greed on trading choices, resulting in data-driven, impartial decisions.
Portfolio management: Some bots automate asset proportion adjustments to maintain a consistent ratio in the portfolio.
Risk mitigation: Certain bots can diversify investments across various crypto assets and implement exit strategies with stop-loss orders to limit potential losses, enhancing risk management.
