If you're interested in trading with the BOTS app, selecting the right bot is crucial. This FAQ article will provide you with essential information and guidance on how to choose a bot that suits your needs. However, please note that as a Bots Platform, we provide a platform for trading bots but cannot offer specific investment advice or guarantee results.
What factors should I consider when selecting a bot on the BOTS platform?
When selecting a bot, consider the following factors:
- Bot Strategy: Dive into the bot's description to understand its trading approach.
- Past Performance: Review the graphs showcasing the bot's historical performance.
- Risk Level: The bot description will indicate the risk level associated with the strategy.
- Market/Base coin: Evaluate the market or base coin the bot trades in and determine its potential.
How can I access information about the available bots on the BOTS platform?
To explore the available bots, visit the Bot Store page on the BOTS app. This page provides an overview of all the bots within the platform.
How can I learn more about a specific bot on the BOTS platform?
By clicking on a particular bot, you will be taken to its detailed description. This description will include information about the bot's strategy, risk level, and performance graphs.
Can I assess the past performance of a bot on the BOTS platform?
Yes, the performance graphs provided in the bot description offer insights into the bot's historical performance. Analysing these graphs can help you understand the bot's potential profitability.
Is there any specific recommendation for choosing a bot on the BOTS platform?
As the Bots Platform, we cannot provide specific recommendations. It is up to you to evaluate the risk level, past performance, bot description, and availability to select the bot that aligns with your preferences and investment goals.
What should I do once I have picked a bot on the BOTS platform?
Once you've selected a bot, you can proceed by transferring the required funds. After the transfer, you will find the chosen bot in your BOTS portfolio. From there, the bot will start operating based on its programmed strategy.
What risks should I be aware of when trading with bots on the BOTS platform?
Investing always carries risks, and trading with bots is no exception. There is a possibility of losing all or part of your investment. It is essential to conduct your own research, assess the risks associated with each bot, and make informed decisions based on your own risk tolerance.
Should you have any other questions or doubts, please feel free to contact our Support Department at firstname.lastname@example.org, and we’ll be happy to help you.