Most trading bots are wealth destruction machines.
Someone just nuked $32k automating with jev 💀
The promise: passive income while you sleep
The reality: automated exit liquidity
Bots work great in stable ranges. Problem is crypto doesn't do stable ranges. One wick, one news drop, one whale move and your bot is buying the top or panic selling the bottom on loop.
Unless you're running sophisticated MM strategies with proper risk params, you're basically paying fees to lose faster than manual trading.
The house always wins. And in this case, the house is whoever sold you the bot subscription.
Someone just nuked $32k automating with jev 💀
The promise: passive income while you sleep
The reality: automated exit liquidity
Bots work great in stable ranges. Problem is crypto doesn't do stable ranges. One wick, one news drop, one whale move and your bot is buying the top or panic selling the bottom on loop.
Unless you're running sophisticated MM strategies with proper risk params, you're basically paying fees to lose faster than manual trading.
The house always wins. And in this case, the house is whoever sold you the bot subscription.