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Trade Polkadot en live Advantages of Using a Crypto Trading Bots. Trading bots, when given the permission will analyze the market conditions of several cryptocurrencies at the same time and place an order as soon as there is an opening for a profitable trade. This is not the case with human beings. We can only analyze one cryptocurrency market condition at a time. Thus, by the time we switch to view another cryptocurrency, we would have lost a golden opportunity to place a good trade. These things make these automated bots highly efficient. Cryptocurrencies are extremely volatile assets, Telegram crypto trade bot, telegram crypto exchange bot. A Short position is a trade that reflects an assumption or analysis that the asset’s price will go down (decrease). Unlike spot trading, contract trading allows traders to open and close positions at a profit (or loss) in a much shorter frame of time. On SnapEx, traders can open trades based on 1 minute, 5 minutes, 15 minutes, and 1 hour charts. 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