16 OCT 2020

How Effective Are Automated Trading Bots Really in 2021?

Coinbase is no longer supported on Yanda, you can trade now directly on Yanda or by connecting your Binance account via API keys.
However, all the bot settings you'll see in this article are currently used to create bots, so you can watch it and take some notes!

I’d like to ask you a question… If crypto trading bots improve your trading profits by 1% every month would it be worth it? I’m guessing here but In my head, I can see you nodding agreeing with me that if you could find out how to improve your trading by 1% it would be worth testing out a crypto trading bot.

Let’s go a little deeper. Although quickly, you can watch this video and see how to create automated crypto trades on the Coinbase Pro trading exchange. I also show you the result of what my Coinbase trading bot did in less than 24 hours.
Using Automated Trading Bots To Trade Crypto Markets

Trading crypto markets effectively isn’t easy even for ‘professional’ crypto traders. Nowadays, most if not all automate their trading. Let’s say for a moment that you have some experience. You know what is a cryptocurrency and what is Bitcoin and you have been trading for some time, maybe even profitably.

Cryptocurrency markets are unpredictable, volatile and a dangerous place to be if you want to trade manually. Crypto markets, unlike your more traditional investment markets, like stock exchanges and forex markets operate 24/7.
Because of the unpredictability, high volatility and the fact that crypto markets never sleep traders look for ways that they can get an advantage. Even the smallest advantage can mean the difference between being profitable or not.

Automated trading bots are one of the main ‘accessories’ that crypto traders are now using in 2020 to get that unfair advantage over people that still manually trade cryptocurrencies. There are many crypto bot services out there but the challenging part is finding the one that is right for you.

Of course, this post is very biased as I'm going to say that the best-automated crypto bot is Yanda but it,s not only because I work for them!

This is my trading account over the last month or so. You can see that all are winning trades and have been profitable. I’m not sure about you but I love being able to see green and profits on my screen when I wake up each morning. I have been with Yanda for over a year now and this is still the first place I go when I turn my laptop on.
But Why is the best Automated Crypto Trading Platform Yanda?

Well, apart from the image of my profitable trading above, Yanda also has a 97% trading success rate among its traders. This is just a recent thing. This has been held by Yanda trader for more than 2 years… Find me another crypto company that can say that!

The idea is to help users make money in the markets more effectively and consistently, while not having to spend all their time in front of a computer screen. The assumption has always been that computers are a lot better at trading than humans, and this in my opinion is 100% right! I used to trade manually and to be honest, I lost a lot of money. I’m sure some of you can relate, however, once I came across Yanda my trading profits drastically changed for the better.

Yanda, also make your trading experience simple. When we say we are automated, we are automated, or at least 95% of it you still have to create your account and set the automated strategy up.

Once you are registered you will just have to select seven parameters to create your trading bot. There are no drag and dropping elements or connecting complicated trading indicators and signals. You simply choose from these 7 settings and launch your trading bot.

So what makes Yanda the perfect trading solution for you?
You can find out for yourself as we now have a FREE 3-Day Trial where you can launch unlimited trading strategies within those 3-days.

To claim your free trial you will need to sign up for the silver membership packed through PayPal but by the time the 3-day is up I’m sure you will love it. As you can see I set this trade yesterday and it’s already doing 0.8%.
Have you thought about automating your crypto trading taking advantage of using crypto trading bots to make even more profits?

Trading cryptocurrency like Bitcoin, Ethereum or maybe even other smaller Altcoins or even the famous 'shit coins' isn't easy! Cryptocurrency markets are open 24 hours a day seven days a week in real-time. You can learn more about crypto markets in this blog post. Remember crypto markets are volatile, sometimes dangerously volatile so be careful especially if you are wanting to trade crypto with a leveraged portfolio.

With Crypto volatility being such a big risk factor for some, this is where automated crypto trading can come into play and becomes a tool that pro traders and big investment companies use to manage investment portfolios while making big profits…

The Yanda trading platform was built by crypto traders for crypto traders, and the platform helps traders trade markets 24/7 without the need to code.
When you trade with Yanda you migrate some but not all of your trading risks. The main risk you are reducing is FEAR. The fear we as humans have built into us whether we like it all not!
We have FEAR of making mistakes, FEAR of profits becoming losses and losing money, and the FEAR of missing out AKA, FOMO. When you automate your crypto trading on Yanda you can feel at ease and automate with confidence knowing that you can make crypto profits without having to sit in front of a trading screen all day. You can just enjoy watching your trading portfolio grow.

How do you use Yanda to trade crypto automatically?
Coinbase is more for investing and holding crypto (Hodl). If you want to trade crypto with lower fees using spot trading you will need to take one extra step and get set up the Yanda platform. Yanda will also allow you to store, manage and grow your trading portfolio whilst being able to trade crypto markets with automated trading bots.

Image source: TradingView
Yanda is an automated cryptocurrencies trading platform that gives traders the tools to trade crypto markets 24/7 without the need to code. With Yanda, you have the ability to trade manually, automatically and use the best trading charts available provided by Trading View to help you make better trading decisions.

Once you have your account set up you can begin your journey in automated crypto trading. We have loads of videos and tutorials on YouTube and the Yanda blog so if you would love to learn more, please do check them both out!
If you have any problems you can email us or join the Yanda telegram group here.

Author: Chris Wyatt