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That Crypto Trading Bot Isn't Always Making Money For You

  • Many trading bots are not transparent with their algorithms, leading to potential loss.
  • Bots should be used as tools based on your own strategies to assist in trading.
  • Those profiting from trading bots include the bot service, exchanges, and affiliate influencers.
  • Promises of AI-powered bots and guaranteed passive income often fall short in reality.
  • Popular crypto bot platforms profit from users through subscriptions and exchange kickbacks.
  • Some trading bot platforms manipulate Trustpilot ratings to appear more credible.
  • Real trading bots used by professionals are not shared with retail traders at low costs.
  • Legitimate trading bots should charge based on profit, not fixed monthly fees, and offer transparency.
  • Seek sustainable returns and low risk rather than chasing unrealistic ROI promises.
  • Spotting a legit trading bot requires understanding its charging model and promises of realistic returns.

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