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I have been noticing more and more activity from bots, does any one know what they are trying to do in this example. Heaps of selling at 5.0, what is the benefit of this.
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Their definitely seems to be quite a few bots working in tandem to generate volume in unison with bitcoin. So it very much looks like right now when bitcoin gets positive volume so does xrp. What do you guys thin?k
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Back in April & May this year, when the big money really started getting in to crypto, I began noticing extreme correlations between various currencies. These movements were far too fast to be replicated by human eyes and fingers, so I concluded that they were bots. At around the same time, I was approached by an organisation which, as they put it, "invested in baskets of cryptocurrencies" according to my risk appetite. They had algorithmically designated all the various cryptocurrencies as being either high risk, medium risk or low risk. They may have had other categories as well, though- 9 replies
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https://fintechinsidernews.com/posts/B3dxaXFTXjHCevbut/how-bots-are-manipulating-cryptocurrency-prices - Interesting read
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Anyone have good tips on bots? or bad experiences?
