passive-incomeDecoding the benefits of crypto trading bots and how to use them to generate passive income.Due to a high rate of volatility, the crypto market is highly unpredictable with price fluctuations occurring in a span of a few minutes. Unlike traditional trading markets, the crypto market functions around the clock. Such around-the-clock activity makes it impossible for the trader to track every fluctuation and minimize risk and losses.This uncertainty of the market and the need for an easier, smarter solution gave rise to crypto trading bots. In this article, we explore the functionalities of crypto trading bots and how a trader can leverage them to generate passive income in digital currencies.A crypto trading bot is a program that uses algorithmic trading with predefined algorithms that automatically execute a trade. It leverages technological solutions like Machine Learning (ML) and is capable of opening or closing orders faster than human traders. An automated trading bot works by using pre-defined conditions and executing trade orders by analyzing fundamental and technical indicators.Essentially, crypto trading bots are designed to leverage algorithmic trading to maximize returns by buying, selling, and holding assets in a timely and efficient manner.There are several core advantages and features of a cryptocurrency autobot.When it comes to speed and efficiency, a bot can perform much better than humans. These crypto trading bots can carry out millions of transactions across time zones and markets in an instant. This reduces the risk of delays and human errors, and thus makes trading efficient and faster. Moreover, these bots can work 24\/7 and constantly monitor your assets as long as it receives data through an API.Trading in cryptocurrencies involves risks; emotions can interfere with rational thinking and may cause an error in judgment. More than 30% of manual trades are majorly influenced by our emotional state.\u2026<\/p>","protected":false},"excerpt":{"rendered":"
passive-incomeDecoding the benefits of crypto trading bots and how to use them to generate passive income.Due to a high rate of volatility, the crypto market is [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/5180"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=5180"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/5180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=5180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=5180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=5180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}