Best Crypto Trading Bot Review 2021

This Ultimate crypto trading bot review is a must-read if you are looking to enter the world of crypto trading. While it has similarities with conventional stock market trading, many new concepts play a role in your understanding of cryptocurrencies. By choosing these best crypto trading bots wisely, in turn, determine how well your portfolio will grow in an automated fashion.

Introduction to a Crypto Trading Bot

Cryptocurrency is one of the fastest-growing modes of investment popular among young and fresh investors. A unique feature of cryptocurrency is its volatility: It is HUGE! It is not good news for the investor who adopts the buy and hold strategy, but for a trader, it’s gold. The lifeblood of a trader is to invest at lower prices and selling it when the market is euphoric. Well, progress in science and technology has enabled automating this very process through specialized algorithms.

The product?

A crypto–bot!

In simple words, a crypto bot is an automated program that is trained to buy cryptocurrencies when the prices are low and sell when high. Note that, the definition might be simple but the trading bots aren’t. Are you interested in learning how to build a crypto trading bot?

There are several trading bots already in the market but not all of them promise you profits. Most of them do not. Then why are they relevant?

Consistency! Crypto trading bots are programmed to ideally generate a profit with the lowest risk possible even if it means lesser net returns compared over a period if you had traded manually. For example, you can expect a crypto-bot to give you a consistent growth of 1% every day without any negative returns. However, if you trade manually, you may have days of 5% growth or -10% growth.

This makes crypto-trading bots exciting, so without any further delay, let’s move towards the crypto trading bot review.

How does a Crypto Trading Bot Work?

To begin with, let’s understand how these bots access your account. It happens through two keys, one is the API Public Key and the other, API Secret Key. The user gives these two keys to the bot to access your account information. A combination of both keys is a way of ensuring authenticity. Let’s get further into both the keys.

API is essentially a way by which applications/algorithms/services outside the exchange can get the information from inside the exchange. In this case, the exchange is the trading account. After obtaining these keys, the bot can get the latest market data, place orders, and obtain information on the quantity of funds. Only the API keys can help provide access to the account to the bot. As a user, you can always delete the API keys to eliminate access giving you control over the accessibility.

Building a Crypto Trading Bot

Most Crypto bots have the following parts common to them

Signal Generator

This is the working part that gives the output as buy or sell for the given input of data. These recommendations gets generally shared out to novice traders in paid crypto trading groups.

Risk Allocation

Based on your risk tolerance inputs and trade size, the crypto bot decides how much money to invest. For instance, decisions such as whether the entire capital needs to be invested or a portion. If a portion, then how much? Such questions are answered through this part.

Execution

As the word suggests, this part puts the decisions out of the signal generator and risk allocation into action. A point to note – the basic principle of investment comes into the picture here. That is, most bots are trained to put the allocated amounts to different cryptocurrencies. This feature also especially comes in handy when one bot is used to trade for a bulk of clients together.

All these three parts have their algorithms which in turn, have their optimization processes. A good trading bot has harmony among all three parts; any issue in any of the parts can hamper the overall performance of the bot.

Who Should Use A Crypto Trading Bot?

The purpose in general of bots, not just a trading bot, is to ease and reduce human effort in repetitive tasks. While a good trading bot can carry out a lot of functions such as data collection, purchasing, fund management, etc. it follows the basic rules of animation.

The rules say that while the trading bot is automated, you still need to constantly keep a track of it and do due diligence regularly. Secondly, tasks that are highly time–consuming and repetitive must be the ones that undergo automation.

If you are facing issues with any of the following points while trading, then it is time for you to read this crypto bot trading review further

Too Many Repetitive Tasks

These kinds of ‘copy-paste’ tasks consume a lot of effort and time. If you have hired a cryptocurrency auto trading bot for it, a lot of time of yours can get saved which can be used for more creative and human tasks. In this context, a bot will come in very handy to do regular portfolio re-balances, create daily reports, etc.

If You Want to Optimize Timing

Timing and accuracy have to be exceptionally precise in Bitcoin trading given its heavy volatility. For example, if you want to sell your Bitcoin the moment it hits a particular value, you will have to constantly keep your eyes on the chart every minute and press the button at the right time. It is both tiring and not feasible in the long – run because humans have a lot of other interruptions. On the other hand, a bot can be trained to continuously monitor the market and execute a trade at specific times.

If You Have Other Jobs

Trading, contrary to belief is not just a job that happens during the trading hours. Even outside it, you will have to spend time researching the market, thinking and thinking strategies, etc. On top of this, if you already have another job which is your constant earning mechanism, trading can be burdensome physically and mentally. At such times, a bot can help clear the clutter in the form of undertaking all cumbersome and repetitive tasks.

If You Just Need A ‘Smarter’ Companion

Some processes in crypto trading are complex.

Take, for instance, smart order routing. This involves routing trades through multiple trading pairs and every pair needs to be decided according to the asset quantity, trading price, and timing. Further, the route needs to be traded at specific times before the market changes.

For a normal human to execute this effectively, it is close to impossible. A bot can simply make it easier thanks to its algorithms and on a whole, help you execute tougher strategies resulting in more gains. Once you read through the remaining of this crypto trading bot review, you will understand how different competitors have used these advantages to the maximum extent to provide quality and humanly – impossible trades.

Quick Guide to Choose the Right Cryptocurrency Trading Bot

Choosing the right bot involves an in-depth understanding of different options and comparisons between them. This crypto trading bot review will help you understand the major factors to consider while choosing the right cryptocurrency trading bot

Team Reputation and LinkedIn Profile Strength

Remember, you are going to give the bot a huge responsibility – To handle and grow your portfolio. So, the least you can do here is to know the team behind the bot and understand how qualified and credible they are. Go through their website and LinkedIn profiles and see the work experience of their members, qualifications, user – reviews, their source of funds, and the overall stand of the team among the competitors.

Extensive Documentation, Support, and Guides

If you do not have experience working with any such bot earlier, you will need a detailed guide to operate it, else the whole string of codes and text may seem overwhelming. The bot must have a good support guide covering all aspects of its operation along with a section of Frequently Asked Questions.

Apart from this, the team behind the cryptocurrency auto trading programs must be easily approachable and they must have an active community on major platforms like Reddit, Discord, etc. So, go through some previous issues reported by users on this community and see how quickly and efficiently did the developers solve and close the issues.

Clear Product Features Explanation

Do not get fooled by a list of hard – to – understand features and assume that the bot might be the best choice. More than obscure words, it is important to be provided with a clear list of features that even a beginner will understand. As a trader, you will know the extent of trading you do, so prefer a bot that only has features sufficient for you. Get an all – in – one bot can make it hard for you to operate unless you have prior experience in these algorithms.

Third-Party Audits for Safe Code

Remember that your trading bot has access to your cryptocurrency. There may not be any direct ways to know how secure the bot is, but going through third-party audits for the code may help. Much of the security feature of the bot comes from how its code is designed, so unbiased audits can give you a good idea of how much security to expect. Better to choose a bot that is widely known for its security.

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Solid Crypto Trading Algorithm

While going through different options for a bot, focus on what algorithm does it use and why is it beneficial from another competitor bot. Algorithms lay the base for what the strategies of the bot will apply while trading.

These algorithms can make the AI bot analyze and understand data which makes it adaptable to new data.

Ease of Use of Crypto Bot

Many of the crypto bots in the market are extremely complex for a beginner to use, especially if they have nightmares for codes and algorithms! That’s why always prefer a bot that has only the features that you need and is user – intuitive.

Crypto Bot Prices

A price of a typical bot can range anywhere from $0 to $1000 per month. While it is obvious that a paid bot will provide more features and security, you have to weigh it against your portfolio budget and the pros/cons it has.

Open Source Crypto Bots

These bots allow you to customize them according to your needs and preferences. While it sounds exciting, you need to have good coding knowledge to do that. Some platforms have completely free open source bot projects, which you can ‘pull’ and put in your version of the code. While others are paid and provide you with templates as well that can act as a guide when altering the code.

Free Crypto Bots

There are some popular free crypto bots such as Zenbot, Gekko, Enigma Catalyst, etc. that are also open-source and have an active community of developers. But using these requires a lot of effort from your end, and their user – interface might not entice you. For instance, the Zenbot completely works on a command-line interface.

The added advantages of paid bots are that they are much more user – friendly and are full of pre-loaded features. It is better to choose the trial versions of some popular paid bots first, before opting for the paid plan. So that you can explore the features, talk to the team, and decide if it will work for you in the longer term.

Reviews

One of the best ways to see how impactful are the pros and cons is to see the crypto trading bot review from real users. Go through specific crypto review platforms or general sites such as Trustpilot. Make sure that majority of the users are satisfied with the bots, for you to consider it.

Advantages and Disadvantages of Using a Crypto Trading Bot

There are reasons why Crypto Trading Bots are in the zoom. This crypto trading bot review skims through the advantages and disadvantages, although the extent and impact of each depend on the provider of the bot.

Advantages of Crypto Trading Bot

Work Round the Clock

Crypto exchanges are similar to the conventional ones, that is, they do not operate during the weekends. But on the other hand, a trader bot never sleeps. It continuously monitors the price of Bitcoin and other cryptocurrencies that it can buy or sell there-by enabling you to avoid monitoring the prices throughout. If you are off the system and the price of the cryptocurrency changes, the bot can execute the order in its algorithm.

High Execution Speed

Trading bots have the power to immediately execute orders within a split second of the change in values. For instance, when the position is entered, there is an automatic generation of orders along with profit targets and stop losses.

This enables the bot to avoid the high volatility of the market and provide more secure purchases.

Take Emotion Out of the Equation

After all, the trader is human. He/she may be subjected to a lot of emotions and bias in front of trades that fluctuate within seconds. The trading bot is just programmed to follow a set of instructions to buy or sell once the rules defined in its algorithm are met.

A human may be subject to stress and other distractions that may affect their purchases. Bots take this emotion out of the picture. Look at it the other way as a health benefit for the trader by delegating the stressful task to the trading bot.

Maintain Discipline

Consistency is the key to achieve success in trading. A trading bot executes the established trading rules every single time without any alteration. It can enable it to get more hay out of the market.

Backtest Trading Strategies

The trader can use the crypto – trading bot to do a backtest of their trading strategies. Backtesting essentially involves testing the current or proposed testing strategies to historical market data to see how much the strategy works.

Backtest enables you to refine your crypto trading bot strategy and estimate roughly the risk associated with it.

Higher Data Processing Power

A crypto bot can analyze and process large amounts of data (in gigabytes per second) to come up with trading decisions. That is simply not possible for a human. Therefore, you can expect the choices of a crypto trading bot to be almost zero intuitive and more data-backed.

Do Copy Trading

If a copy trading function is available on your trading bot, it is a great advantage to have. If you enable this function, the bot simply copies the trading techniques of professional traders and benefit from their benefits. In simple words, they carry out the same orders of a buy or sell as professional traders who rent out their strategies.

Copy trading is a way for novice traders to continue trading using the strategies of seasoned professionals. Also, they can observe the strategies themselves and learn how the entire operation works.

 

Disadvantages of a Crypto Trading Bot

Need to Know Software

Crypto trading bots are essentially software with an algorithm. It will need some technical coding skills to know how to set up a crypto trading bot. If you are a person far from these skills, you will need to spend a lot of time apart from your trading learning to know what goes beneath the bot.

Trading Skills and Knowledge

No matter how much you automate your tasks with the crypto trading bot, you will need to learn about the market, trading strategies, and study extensively various case studies of successful traders. Trading in cryptocurrencies is similar to conventional market trading and there is an added layer of extreme volatility that demands you to know what to execute when more effectively.

You Need to Monitor the Bot

There is always an element of risk involved since you are employing a machine. The bot may have bugs or undergo technical issues in its algorithm that can drastically affect its performance. So, you will need to manage its working and take the necessary steps to maintain its optimum. Also, expect the bot to be clueless in unusual market conditions such as a major crash or a news event.

They are Expensive

Every bitcoin trading bot has its pricing model which can be either through a subscription or pay–per–use. Either way, a good and trustworthy bot will be heavy on the wallet and you need to consider this expense over the investment portfolio you have. And you have to monitor the output from these bots and all put together must be profitable for you as a trader.

Some of Them are Scammy

You might have come across a lot of spamming bitcoin trading advertisements while browsing the internet that entices you by telling you could be a millionaire soon. BEWARE! Most of them, if not all of them, are scams.

They offer free crypto trading bots that hacks your computer and steals your bitcoins, cryptocurrencies and put them up in the exchange. So, You should research how reliable your trading bot is and do not fall for free bots and their flashing offers.

Vital Factors to Consider Before Choosing Cryptocurrency Trading Bots

Crypto – Dollar Cost Averaging Bots

Dollar-cost averaging is a strategy used in crypto trading bot simulators and you can program likewise. In this strategy, you can invest at intervals that are preset to reduce the entry price of a particular position over time.

For example, if you have a large sum of money to invest as a lump – sum. You may make the mistake of wrongly choosing the position of the market to invest only to see the price drop further after you invest. So, to avoid this, you can split the lump – sum into smaller amounts and invest at more points over time so that you can obtain a better average price at a lower risk.

Crypto Options Trading Bots

Options Trading is one of the most common investment strategies in crypto markets as well as in conventional markets. An Options Trading bot will typically apply this strategy that is a contract for the owner for them the right to buy or sell an asset at a specific fixed price for a set period. Options trading is a highly customizable form of investment and more suited to seasoned investors.

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Grid Crypto Bot

A Grid bot works similarly to the DCA bot. Initially, it places an order to buy some assets. If the price moves in a favorable direction, it buys more assets. The difference between this strategy and DCA is that in this, for every order there is a separate profit. Unlike DCA, where there is a single profit for all buy orders.

Social Trading Crypto Bots

Social Trading is a hardcoded strategy into a trading bot that makes it mimic the activities of expert traders. That is, they almost copy the buy or sell activities of experts to generate profits similar to them. These bots are beneficial to novice traders, mainly.

Backtesting Crypto Bot

Backtesting is a strategy to test the effectiveness of current trading strategies. In this, the bot will use historical data to reconstruct trades that would have occurred in the past. The result from it will show how effective the strategy is. The trader can either use it, refine it, or discard it. These crypto bots also perform analysis on their own and do not require the trader to spend time in.

Intraday Trading Bot

Intraday is trading within the market opening and closing time in a single day. So, understanding the price movements and market conditions is vital for traders who want multiple trades in a session.

Scalping Crypto Bot

Scalping is a low-risk method to generate profits for the short term. In this, the bot watches the price movements of the asset closely and makes a transaction based on the slight fluctuation. More factors go behind this strategy like the moving average, Relative Strength Index, and support & resistance levels, so please learn them if you want to use the bot successfully.

Arbitrage Crypto Bot

Arbitrage is the method of taking advantages of price difference between two different exchanges. There can also be intra exchange arbitrage trading but most opportunities are found via inter exchange arbitraging. Make sure you understand the blockchain risks where you need to wait for your crypto to arrive at the higher priced exchange. Sometimes, before the crypto arrives, the price could do go down and become equal to the first exchange cost.

The best way to arbitrage crypto is to have those coins already in both exchanges and then just buying on one exchange and selling on another exchange to execute the arbitrage will be faster and free from price fluctuations.

Now that you have learnt all about different crypto trading bot review, it is time for you learn about some safety features and best practices to not get hacked.

How to Avoid Getting Hacked While Trading with Crypto Trading Bots?

No crypto trading bot review is complete without addressing hacking and bots. Although Bitcoins and cryptocurrencies are advanced technology, it does not mean they are un-hackable. As a user, you need to take preventive measures to protect your wallet. The good news is, it’s not that hard.

To begin with, do not ever share your API Keys or any other secretive information. Remember the API Keys? They are used to gain access to your account and conduct activities inside it. Not only that, make sure you protect your passwords and other private address from falling into unwanted hands.

A safe measure to take beforehand when the worst case happens is to turn off automated withdrawals. Instead, it’s always recommended to spend time and do it manually. In addition, if the hackers do gain access to your account, they will not be able to steal your money.

Cryptocurrency auto trading involves so much software and other technical stuff behind it. Take your time and do your research so you know how it works throughout, its preferences, and security measures.

When you have to choose from the cryptocurrency auto trading pool of bots in the market, give utmost preference to their security measure. Do not trust any provider blindly, because note that, at the end of the day, even bots are machines and they can be hacked.

Crypto Trading Bots Review

If you want to choose among the best ones currently available, here’s a short crypto trading bot review:

CryptoHopper

No wonder this is almost the best crypto trading bot for a newbie investor. The providers have built an incredible tutorial section to help beginners get started with usage and trading. Moreover, you can also find the best strategies and templates from seasoned experts. If you are deep into trading already, you will find a good collection of free and paid signals which you can combine with indicators to build your strategy. To add to it, CryptoHopper has also been one of the best crypto trading bots in 2018.

Features

  • Get help with your trading strategy with more than 130 indicators
  • Cloud-based
  • Supports 12 exchanges
  • Easy set – up
  • Embedded with external signalers

Pros

  • Easy set – up
  • A good collection of tools in the marketplace

Cons

  • Team information is not sufficient

Price Range

$198.96 per year for Explorer Hopper Starter, $498.96 per year for Adventure Hopper Medium, $999 per year for Hero Hopper Pro.

3Commas

One of the contenders for the best crypto trading bot of 2021, Commas is a recent entrant to this market and is gaining popularity because of the Dollar Cost Averaging Strategy. One more reason the 3Commas bot finds its place in this crypto trading bot review is for its trailing stop feature. It enables you to take advantage of sudden rallies in prices because the trailing stop will ensure that your position is open until there is a price increase. When the price reverses, the position closes automatically.

Features

  • Intuitive and user – friendly interface with complete analytics and informative functions
  • Collection of tools for analysis and to backtest portfolios
  • Put up profit and loss stop orders at the same time
  • User – friendly mobile apps
  • Copy-trading
  • Smart – Trading
  • Set up advanced – level order types like the trailing stop tool etc.

Pros

  • Bright, colorful interface
  • Cloud-based system
  • Supports multiple exchanges
  • Offers even affiliate programs

Cons

  • Slightly overwhelming for beginner level traders

Price Range

$174 per year for The Starter Package, $294 per year for The Advanced Package, $594 per year for The Pro Package.

Gunbot

Gunbot is the go-to crypto trading bot if you are an advanced trader and love customizing your trade. Unlike most others, this does not have a cloud system, so you have to create your server. Another thing Gunbot justifies its place for in this crypto trading bot review is for its ever-active community of developers who work to improve performance and remove bugs.

Features

  • Inbuilt strategies for trading like Step Gain, Ping Pong, etc.
  • Highly customizable
  • Can work with Lite version also

Pros

  • Supports more than 100 exchanges
  • Easy to use and user – friendly interface
  • Offers multiple licenses
  • Constant improvement of performance and removal of bugs

Cons

  • Not suitable for the beginner trader
  • Requires coding knowledge to set up

Price Range

0.02 Bitcoin for Started Edition, 0.05 Bitcoin for Standard Edition, 0.075 Bitcoin for Pro Edition, and 0.125 Bitcoin for Ultimate Edition.

Zenbot

Zenbot is very much in the race for the best free crypto trading bot due to its open-source nature that allows insane customization! It is more user – friendly and supportive for higher frequency trading compared to other counterparts in the market. But, you will need to know Node.js and MongoDB to operate this crypto bot.

Features

  • Powered by Artificial Intelligence
  • Supports High-Frequency Trading
  • Inbuilt simulator to back-test strategies
  • Supports numerous assets at once

Pros

  • Open source and free
  • Speeds up your strategy
  • Powerful in operation

Cons

  • Need technical knowledge to set – up and use
  • No user – interface, works by command line

Price Range

It is FREE of cost.

Shrimpy

The goal of Shrimpy from the start has been to attract traders who would not pay for expensive bots. It has a wide range of tools that enable quality, automated trading. Very recently, Shrimpy came up with their terminal that has an attractive UI from which you can directly trade. Moreover, they have a robust resource center on their website where you can learn how to code a crypto trading bot in Python. Like some of the others, Shrimpy has the best crypto trading bot community on Reddit.

Features

  • Social Trading
  • Back – Testing
  • Portfolio Rebalancing
  • Automated Tax Reporting

Pros

  • Plenty of features for free
  • Subscription fees are economical
  • The user interface is highly intuitive
  • Good team and an active developer community

Cons

  • Not heavily tested bot
  • No mobile app

Yields are low compared to some other bots

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Price Range

FREE if you opt for the Hodler Package. $13 per month if you opt for the Professional Package. For enterprise solutions, get in touch with them.

 

Coinigy

Coinigy stands well in this crypto trading bot comparison because it is unique in the sense that you can directly deal with the exchange you want. You can trade on all the platforms from the UI and the Coinigy mobile app, thanks to it being a cloud-based service. The platform has more than hundreds of thousands of users who use the trading tools every day for their trade.

Features

  • Consists of 75 technical indicators
  • Connects with 10 exchanges
  • Cloud-based platform
  • Easy Tax Reporting

Pros

  • Easy to use interface
  • A huge amount of users already operating on this platform
  • Trade from the mobile app on the go

Cons

  • Limited exchange connections
  • Not ideal for beginner traders

Price Range

Free for those who are just getting started. Paid plans range from $18.66 to $99.

TradeSanta

This cryptocurrency auto trading platform is based on the cloud and is extensively used to automate different trading strategies across multiple exchanges. TradeSanta comes especially handy when you cannot dedicate yourself entirely to the crypto-trading tasks such as submitting every trade yourself. If you want to scale – up your trading, you can create multiple trading bots here where each bot automated trading on its own.

Features

  • Supports 6 exchanges
  • A good collection of technical indicators such as Day Filter, Volume Filter, and Bollinger Signal
  • Two basic bot templates: Long strategy and Short strategy
  • Customizable options available for those who want to build their bot from scratch

Pros

  • Simple for beginners to learn and use
  • Free 5 – day trial for those who want to try out the features in the paid version
  • Active community on Telegram for finding questions to queries
  • Saves time through automated trading

Cons

  • No support of any decentralized exchanges
  • Not open-source; customizations are there, but limited

Price Range

Free Plan, $15 per month for Basic Plan and $100 per month for Maximum Plan.

TrailingCrypto

We have to begin the TrailingCrypto crypto trading bot review by addressing its unique feature of not locking your funds. It means that you can place multiple orders at once, and the funds will cut in the order of which order gets executed first. To use TrailingCrypto, you need to have an intermediate to advanced skill to trade.

Features

  • Pull-down menu to access different exchanges
  • A wide array of charts and charting tools
  • Extensive focus on security measures

Pros

  • Interface loaded with features that contain all useful tools for an intermediate and expert trader
  • Supports multiple exchanges
  • Offers a good range of advanced order types

Cons

  • Not suited for beginners
  • Does not have access to many exchanges

Price Range

Apart from the Free Plan, the premium account costs $8.34 per month. Check the website for discounts on monthly and yearly subscriptions!

 

Gekko

If you are looking for a crypto trading bot for free, maybe you can consider this. Being an open-source crypto trading bot, the entire code is in node.js. Moreover, you can customize this GitHub crypto trading bot according to your preference by pulling the code. The bot is good at analysis and prefers to trade if there is a margin for profit.

Features

  • Allows Backtesting
  • Enables you to test your strategy using fake money
  • Enables you to install many plugins that enhance the functionality of the bot

Pros

  • Provides good flexibility to choose and build your strategies
  • Free pricing
  • A well automated trading system that cuts you off with the time to spend in front of the screen

Cons

  • You need to pay extra for hosting
  • No further features in future
  • You need good technical knowledge in coding

Price Range

This bot is FREE of cost

Autoview

One stand–out feature of Autoview is that it is a free crypto trading bot. It is available as a Google Chrome Extension. But mind you, you need to know to code since you have to hard–code the stop–loss into its scripts.

Features 

  • There are multiple scripts available for free that you can use even if you are not a programmer.
  • Has access to 15+ exchanges

Pros

  • Easy to deploy
  • Monthly charges are low

Cons

  • Needs to be operated in the browser
  • For every order – track, you need to access the exchange

Price Range

Autoview crypto bot is FREE of cost for the basic version but they have a more powerful Paid version priced at $269.99 per year or $24 per month.

 

That’s the end of the crypto trading bot review. So, pick the one that matches with the features you need and in comparison, with your cryptocurrency auto trading year income. Do not forget to look at all the other factors too, as mentioned before.

What is the Best Time to buy Bitcoin?

The reality is that not a lot of traders in the crypto-industry are specialized in it for years since the launch of Bitcoin. That is, either they have taught themselves or borrowed the principles of trading from a traditional stock investor. The main reason behind this is that Bitcoin is a relatively new concept, it will take some time to become mainstream.

So, the good news is analysts and economists have observed trends in Bitcoin and other cryptocurrencies for a long time and have come up with incredibly useful insights. One of them is the best time to buy Bitcoin.

One difference between the traditional market and cryptocurrency market is that the former operates only for a limited time during the week. The crypto-market, being open all round that can enable you to trade anytime provided you have access to the internet.

Finally, Multiple analyses and researches have shown that Sundays and Mondays are the best days to buy Bitcoin. The theory behind it being that the demand for Bitcoin reduces during the weekends, so the price falls. Hope you enjoyed our crypto bot trading review and have all the information to execute your successful trades.

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