The bitcoin market is notorious for being extremely volatile. It also never shuts down. This dynamic market can make bitcoin and other cryptocurrencies incredibly profitable when handled intelligently, increasing the danger of huge losses. You can mitigate some of these risk considerations by using a bitcoin trading bot. Bots, unlike humans, will only make trades based on the facts and patterns available, removing emotions and impulses from the decision-making process.
Bitcoin bots can also function around the clock, allowing users to trade even when they are sleeping or otherwise occupied. Trading bots benefit from working faster and more efficiently than humans when trading manually. If properly configured, they can evaluate data and perform trades across several exchanges and coins, including bitcoin.
This review will focus on the comprehensive analysis reported on BitConnect: Top Bitcoin Robots suitable for new and experienced traders.
Before we go into the best 12 bitcoin robots, let’s have a look at the things to consider when selecting a bitcoin trading robot.
Consideration for bitcoin trading robot
Reliability
One of the most appealing aspects of a bot is its capacity to trade around the clock. You will miss out on opportunities if your bot remains offline or suffers from other flaws. Read evaluations from other individuals to determine its dependability.
Security As previously said, hackers target trading bots and exchanges, so your bot must be as secure as possible—research for a proven track record of safety. Check if the bot’s crew is reliable and legitimate and has an active community of satisfied users.
Ease of accessibility
Most users want a bitcoin bot that will make trading easier for them, so seek one with an easy-to-use interface appropriate for your level of competence. It will help if you study their customer support, how the company distributes the updates and whether the robot resolves bugs quickly and effectively. Choosing a bot that best matches your trading approach is critical, and determining how it would require much tweaking.
Profitability
A bot is only helpful if it continuously generates income for its consumers. Before investing in a bot, check reviews to determine its success rate.
Price
Some bots are free, while other systems have a hefty price tag. A paid or free bitcoin trading bot provides superior features and a higher level of service, but before making a decision, consider what you are getting for your money and whether it is worth the investment.
The top 12 Bitcoin robots to consider in 2022
- Bitcoin Buyer
Bitcoin Buyer is a web-based bot that allows users to purchase and sell trading techniques and backtesting tools. It also includes text and email market updates throughout the day and is supported by most leading exchanges.
Bitcoin Buyer is best suited for users with some coding skills, while less experienced users can benefit from its many tactics because of the user-friendly interface.
- Crypto Nation Pro
Crypto Nation Pro is the most recent bitcoin trading robot, and it includes several built-in methods. Traders can tailor the robot to meet users’ trading preferences. Crypto Nation Pro is a highly adaptable and effective trading bot that provides good value for money.
Traders can use it to trade bitcoin and a variety of other cryptocurrencies. It also facilitates the majority of massive exterior exchanges. It is relatively simple to use, making it ideal for newcomers and experienced traders who understand the fundamentals of bitcoin bot trading.
- Bitcoin Formula
Bitcoin Formula is a free bitcoin trading bot that any trader may access and modify. It has a simple interface and does not require technical knowledge, but it provides access to ready-made methods and features like paper trading – demo trading that allows users to try out tactics in real-time.
Bitcoin Formula can handle high-frequency trading and works with a variety of cryptocurrencies in addition to bitcoin.
- Crypto Comeback Pro
Crypto Comeback Pro is a bitcoin trading robot that allows you to use the auto trade option to automate your daily operations. It distinguishes itself from its competitors because it offers economic commissions and has a comprehensive platform.
It is a perfect choice for traders looking for a service that allows them to select a bot based on their preferred approach, reducing the impact of emotions.
- Bitcoin Hero
Bitcoin Hero is yet another of the best fully automated Bitcoin robots on the market today. The service trades on your behalf all the time, seven days a week, focused on the bitcoin movement to capitalize on price movements in the world’s most popular cryptocurrency. It also provides a significant return on investment.
Bitcoin Hero is free to use, which gives it a significant advantage over other top trading robots. On profitable trades, you won’t even have to pay a commission. To begin utilizing Bitcoin Hero, all you need to do is deposit $250 into your account so that the robot has funds to trade with.
- Bitcoin Rejoin
Bitcoin Rejoin is a fully automated Bitcoin trading robot that can assist you in capitalizing on cryptocurrency market volatility. The platform employs a proprietary algorithm that is always 0.01 seconds ahead of the rest of the market, providing you a competitive advantage over other traders. This speed also enables the Bitcoin Rejoin trading robot to boast a trading accuracy of 85%, which is rather remarkable.
Bitcoin Rejoin is free to use and does not take a cut of your profits. When the market is tumultuous, the firm provides up to 60% daily earnings. Indeed, the Bitcoin Rejoin website is brimming with testimonials from traders who have made significant profits in just a few months of trading.
- Bitcoin Storm
Bitcoin Storm is the Bitcoin trading robot of choice for traders who want to use a variety of tactics. This robot looks not just at scalping but also at momentum trades, reversal setups, Bitcoin price support, and resistance levels to make a profit. Bitcoin Storm can generate profits even when other automated platforms are underperforming because of its multi-pronged trading strategy.
Bitcoin Storm does not require you to have your brokerage account because the platform will connect you with a cryptocurrency broker for automatic trading. Just bear in mind that to access live trading with the robot, you must first make a $250 deposit.
- Immediate Bitcoin
Immediate Bitcoin is a bitcoin trading platform that is both free and profitable. To try out the platform in demo mode, you don’t even need to make a deposit. As a result, you are entirely free to try Immediate Bitcoin and analyze the robot before committing to the live platform.
Immediate Bitcoin is a responsive interface design that allows you to monitor the robot’s activity and watch your account balance on your phone anytime as long as it is connected to the internet. However, because no manual intervention is required to trade, Immediate Bitcoin works just as well if you set it and forget it.
- Bitcoin Compass
Bitcoin Compass is one of the most effective bitcoin trading bots on the market. The trading robot simplifies the entire process of crypto trading, and the best part is that they are entirely free to use. Bitcoin Compass requires a $250 minimum investment to begin trading.
It is an excellent investment tool for new traders who are just beginning their trading careers since this robot will supply fundamentals as they continue to profit from the market. If you want to make enough gains in the market, this robot is unquestionably your best option.
- BitIQ
“Not only is BitIQ functional and helpful for all of crypto trading needs, but it is also automated.” You may put this trading strategy on autopilot, and you won’t have to worry about whether or not it is profitable depending on your trades. They have demonstrated promising results in the past, and it will not be challenging to make winning transactions in the following years. This robot will save you a lot of time.
BitIQ is a clever way to trade online, and one of the critical reasons for this is that genuine numbers and facts back everything up. with this robot, you may trade bitcoin based on solid projections rather than speculative guesswork.”
- Golden Profit
Golden Profit not only makes it very simple for new traders to get started in the bitcoin trading game, but the system is also upfront and honest about how it works. You’ll be able to see whether they’re sending accurate information or not.
Because of its capacity to capitalize on the bitcoin market volatility, this bitcoin trading bot is one of the most famous trading bots available. They come highly recommended for any trader looking to create a passive trading strategy. However, bitcoin is still volatile, and to win the majority of trades, you must use effective risk and money management.
- Profit Revolution
Profit Revolution bitcoin trading bot comes pre-built with all of their trading tools, making it ideal for traders who don’t want to waste time constructing their own. When you require a responsive and user-friendly design, you should strongly consider Profit Revolution.
Profit Revolution is a cryptocurrency trading bot you use for rebalancing requirements. The exciting part is that the bitcoin robot can assist you in rebalancing your portfolio to a precise point, which is ideal for the new trader who wants to maintain everything on point.
