Let’s start with some clarifications: the robot is not a physical machine, it has a metallic voice and walks weirdly around the office, no! The robot is just a program that stays inside the computer. The crypto trading robot can do many things, for example:
- Buying and selling volumes in technical analysis;
- Track reversal patterns (has low and high);
- Track continuity patterns (also low and high);
- Track moving averages;
- And so on.
In summary, it will also take your money and make investments (or trading) based on your preferences. The Bitcoin Era is one of the auto crypto trading software. Read the full Bitcoin Era review here.
How does the investment robot work?
When you choose a robot to take care of your money, you register and get interrogated. Yes, it seems like an interrogation of so many questions that the robot asks you, but this is purposeful and important: it is through your answers that the robot will understand your profile and can apply the money in the way that best meets your expectations. We can say that the robot will do what you would do if you had knowledge of it, but it can also make mistakes. And after all, it doesn’t have what we call the business feeling.
What is an investment robot for?
In the financial market, it analyzes and identifies potential entry and exit points that could bring you the profit. But who is still learning and can do the analysis safely? You have to follow someone’s ideas, until you become an expert trader or use a robot that will do everything for you. I don’t think the robot is the best way to make money, as they are also vulnerable to failure, but it can help – and indeed has helped – many people make money.