Nowadays, you have plenty of options when it comes to trading cryptocurrency. Several trading platforms make it easier than ever to buy and sell any cryptocurrency. Still, not every tool works the same. Some mainly provide financial advice just like an ordinary advisor, yet the process has been automated in some type of way. Others aren't strictly ethical, and that's a significant risk when using algorithms for cryptocurrency trading.
No matter how you look at the situation, the risk of using an automated trading bot that may or may not behave like malware is all too real. So, having said that, isn't EngineeringRobo the same as those types of software? No, it isn't at all the same!
With EngineeringRobo's software tool, you receive notifications on key performance indicators on stocks, commodities, and cryptocurrency; the others use a set-it-and-forget-it tactic that requires no human interaction whatsoever. Here's some additional information about how EngineeringRobo differs from what most people assume.
Most of us assume that all bots are bad, and while there's a grain of truth to that statement, the reality isn't as dire. You can absolutely use "bots" ethically, and you don't have to compromise your integrity and do something illegal. The trick is that you have to be careful about which tools you use, so we're glad you're reading this post because we want to make your cryptocurrency trading experience as profitable as possible.
Either way, don't sleep on automated trading of cryptocurrency because the investment opportunity is real and very exciting. The catch is that you have to avoid automated trading bots that automatically buy and sell cryptocurrency based on so-called signals or triggers in the data. We use both technical analysis (Trend Lines, Resistance, and Support, etc.) and EngineeringRobo Indicators when making decisions on whether to enter or exit a trade. This works for all types of traders; the Scalper, the Day Trader, the Swing Trader, and the Position Trader.
The EngineeringRobo indicators and signals are, without a doubt, automated and triggered by an algorithm or some kind of cryptocurrency trading robot. However, the actual trading portion of the process isn't automated. You still have the power to buy and sell based on your own investment strategy; short term or long.
For example, the Bitcoin 1-Day Chart received three (3) EngineeringRobo sell signals back in November of 2021. Those signals were automated based on the EngineeringRobo algorithm. So, if you didn't sell your position, you would still be holding the Bitcoin. Furthermore, in early February of 2022, we received two BUY signals from EngineeringRobo. If you didn't actually buy more Bitcoin with an exchange of your choice, there wasn't an automated Buy done on your behalf.
Essentially, that's the difference between EngineeringRobo and an automated bot that buys and sells crypto on its own. In other words, EngineeringRobo is a legit and trustworthy tool to empower your trading and investing strategy, whereas bots are one of the riskiest and uncontrollable ways to trade. Trade with Confidence and Control.
Be the best and become smarter than any other trader in the market. You will know what's happening with a cryptocurrency trade before anyone else.