“NexFolio is an Ai Crypto Trading Bot. It makes use of AI algorithms to predict future trends in the volatile crypto market. With the aid of AI. trade signals, and other popular algorithms, the bot analyzes the fluctuations and places trade orders at the right time.”
Trading Bots at a Glance
Ai crypto trading bot trades on behalf of a crypto trader. They are automated computer protocols programmed with algorithms, candlestick patterns, and indicators to trade on the financial markets. Trading bots make the trading process a hassle-free and streamlined experience for crypto traders.
Automation and Artificial Intelligence form the base for NexFolio, and the bot is suited for both novice and experienced traders. NexFolio is designed with proven trading strategies after gathering requirements from multiple traders across the globe.
NexFolio supports bitcoins as well as other cryptocurrencies. It needs little human attention, such as setting up Stop Loss and Profit percentages, allocating the funds, and others.
NexFolio bot interacts with the crypto exchanges directly, and places buy/sell orders automatically on behalf of the trader. It analyzes the ups and downs in the market and comes up with the best decision that brings higher profits.
Looking for profitable trading? Why don’t you make use of an automated and AI crypto trading bot #NexFolioTweet
Why Prefer Ai Crypto trading Bots?
- Quick order execution
- Good execution speed is essential to achieve optimal trading. In many cases, traders are incapable of reacting quickly to the fluctuations in the coins’ prices.
- And, crypto exchange’s downtime and delay in transaction processing further exacerbate these problems.
- Trade without Break
- It is difficult for traders to dedicate their entire time trading in the cryptocurrency markets.
- Spending as much time as possible always results in achieving the best trades.
- But doing so requires 24/7 monitoring of crypto exchanges across the globe.
So, to overcome all the challenges mentioned above, crypto traders are switching to trading bots.
Features of NexFolio Crypto Trading Bot
- Crypto Portfolio Management
- Automated Signal Trading
- Fixed Sell Functionality
- Money & Risk Management
- Editable Stop-Loss & Profit Percentages, and a lot more
How does Ai Crypto trading Bot Work?
There are three moving parts that contribute to the working of the trading bot:
This is where trade predictions are made. Once predictions are made, the generated data will move into the signal generator, and then a trade signal (either buy or sell) pops up.
Signal generators work well in trading bots that are programmed with technical indicators.
The function of this part is to consider the buy or sell signal and then decide how much assets to buy or how much assets to sell.
In this part, the planned trade order is executed with respect to the market conditions (to get a favorable price).
NexFolio Bot Vs. Humans
- Longevity: NexFolio crypto trading bot operates on a 24/7 * 365 basis, whereas we (humans) need some time to sleep and rest.
- Speed: NexFolio’s order execution speed is faster than the average human being’s thinking and reaction time.
- Emotionless: NexFolio is not driven by greed or fear (or does not pay heed to the volatility). They do what they are programmed to do.
- Capacity: NexFolio is designed to process TBs of data within seconds. But, traders can only do these things in their imagination.
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