Trading bots are designed only to quickly click on the buy or sell buttons and to analyze a large amount of information, since a machine can process much more information than a human. How not cool these trading robots were created by people, which means that the principles of work can be predicted.

I sometimes observe how some traders use bots to track a big player or, so to speak, smart money, but unfortunately I don't know how it works. I would love to study this issue.

There is no specific preference for the exchange, I mainly trade on binance. But at the moment there are so many coins coming out that they are not traded on exchanges such as binance, so sometimes I use PancakeSwap.

Cryptocurrencies, like companies, have a reputation. Their actions, the people associated with them, the language used to describe them - all this is important for the formation of user preferences. many technologies related to cryptocurrencies are open to everyone, so the ability to navigate in a complex cryptocurrency environment, to behave correctly in a situation of inevitable compromise, to have a clear vision of the future, to be able to formulate it and move towards it comes to the fore

the price of altcoins depends on the price of bitcoin, and on the people who have the bulk of these coins, that is, the manipulators who are behind the scenes, and to some extent on the crowd that runs to buy this or that cryptocurrency when news comes out.

The most appropriate time to buy cryptocurrencies is when they collapse by eighty or ninety percent, but this has to wait, the hardest time in the market is to wait and do nothing. But as history shows, the one who knows how to wait will ultimately be rewarded.

I think now it is profitable to invest in DOT, since they started auctions for parachains, recently the rate of this coin has grown quite well, but it seems to me that this is far from the limit.

Because here you can earn very good money. And there is an opportunity to understand how the world of cryptocurrencies works. If you fail to follow trends, then altcoins, then NFT, then GameFi. Oen addicts everything.