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Can you lose money with crypto trading bots

15-08-2023 02:39AM

#1

great mercy

Registered Users, Registered Users 2 Posts: 1 ✭

Join Date: August 2023

Posts: 0

Would be glad to learn more

1

Comments

#2 15-08-2023 07:22AM

Jim_Hodge

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Join Date: February 2020

Posts: 11267

Of course you can loose money, and lots of it.

2
#3 08-05-2025 08:22AM

felandere

Registered Users, Registered Users 2 Posts: 17 ✭

Join Date: September 2023

Posts: 17

Tried one for a few weeks, but it kept making weird trades during low volume times and racked up fees. Ended up losing more than I probably would've manually.

1
#4 08-05-2025 11:42AM

CWMMC

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Join Date: November 2021

Posts: 220

Ofcourse you can lose money.

1
#5 08-05-2025 12:49PM

Kaisr Sose

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Join Date: November 2007

Posts: 3655

Great mercy indeed.🤣

1
#6 12-05-2025 11:58AM

felandere

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Join Date: September 2023

Posts: 17

I tried a few bots last year and honestly, some made small gains but others lost more than they earned, especially during volatile swings. What helped me get a better handle on things was switching to the best crypto trading terminal for beginners—gave me way more control and insight into what the bots were doing, rather than running them blindly and hoping for the best.

Post edited by felandere on May 13

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#7 01-08-2025 08:17AM

Jim_Hodge

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Posts: 11267

https://www.boards.ie/discussion/comment/123688151#Comment_123688151

What bot wrote that?

0