The automation of all kinds of processes is an increasingly common practice in different markets. Furthermore, as a result of the pandemic and the drastic social change that it may entail, it has been seen that more companies are betting on integrating collaborative robots into their processes that “distance” more and more the need for human interaction. That is why the Swiss robotics ABB estimates that the demand for collaborative robots will be increase 17% this year.
But this is not the only robotic industry that will be on the rise, in the case of the crypto world, and the great attention it is receiving this year, it is very likely that those who want to invest in bitcoin and do not have greater knowledge of how to start in the cryptocurrency investments entrust your money to these automated investment software.
Trading bots streamline cryptocurrency trading and are continuously active all day. These have preconfigured rules that allow them to make quick investment decisions prior to an analysis of the best conditions to invest or stop investing.
What strategies do they use? According to Tokens24, use “arbitrage techniques” to take advantage of the difference in the price of cryptocurrencies on multiple exchanges in favor of the crypto account holder. In the same way, they also create markets to obtain benefits from the placement of buy and sell orders in markets with wide fluctuations in the buy and sell price. Apart from this, other personalized action strategies can be programmed.
Finally, if it is a useful decision to subscribe to one of these investment robots, it is important to take into account the comments of other users to avoid those that are a total scam.