Making money out of digital currencies isn’t rocket science, especially when there are good crypto bots out there that you can utilize to make trading easier than ever before. If you are looking for a way to make a profitable cryptocurrency business, you are in the right place.
In this tutorial, we will use a crypto bot that utilizes back-tested data to outperform other crypto trading bots in the market. Perhaps, running across this article is the lucky break that you have been waiting for.
Cryptocurrency Trading Bots In A Nutshell
Cryptocurrency trading bots are basically automated systems that perform trading on behalf of the human investor. These bots enable automatic trades whenever particular conditions are satisfied.
With automated trading, you can actively trade cryptocurrencies without constantly monitoring your computer.
Since the crypto space is a very volatile market, the ups and downs greatly impact the emotion of investors, affecting their decision-making. Bots deliver relatively better efficiency than humans and make more infrequent errors with little room for sentiment or emotion.
Crypto bots are incredibly helpful because the cryptocurrency market is notorious for dramatic price movements. According to appraisals, algorithmic trading bots account for 70-80% of the overall cryptocurrency trading volume.
The cryptocurrency bot we are going to talk about now is called KarbonAI.
Disclaimer: The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. We are not affiliated, associated, authorized, endorsed by, or officially connected with KarbonAI. This post is not sponsored, and everything mentioned in the article is based on research and experience. Do conduct your own due diligence and consult your financial advisor before making any trading decisions.
What is KarbonAI?
KarbonAI is a platform that makes use of the software called KarbonAI Badger Assisted Auto Trader and The KarbonAI Academy.
KarbonAI developed software that employs a strategy designed to only take trades according to months or years of historical trading data. Information is collected to calculate the best trades to put up with.
Who Are The People Behind KarbonAI?
Karbon artificial intelligence is run by Jeff R. White, Sean Davis, and a few other people. Sean helped in the development of the auto-trading platform, and he asserts 100% accuracy.
Meanwhile, Jeff represented himself as a regular guy who’s living a typical life, trying to earn an honorable living. According to him, he didn’t grow up in poverty; at the same time, he doesn’t live life lavishly.
Jeff has paraded that he has been building online businesses for more than ten years, on which he has managed to help hundreds of entrepreneurs learn how to make use of their smartphones and laptops to build a profitable business online.
The stories about the people behind KarbonAI show an impressive departure from the kind of glitz and glamor that marketers show off to convince people to buy their program.
How to Join KarbonAI
Similar to other platforms out there, you’ll need to register first to join KarbonAI’s auto-trading platform. Provide your email address, full name, and preferred password to complete the registration process.
However, it is important to take note that the registration is not free. You need to pay for it through different methods allowed by the software provider. After settling your payment, you will get access to KarbonAI and make full use of the software’s auto trading system.
How To Fully Automate A Cryptocurrency Bot
People typically make money out of cryptocurrencies only when things are going up. However, KarbonAI software was designed to help investors profit in short and long trades even when the market is on the decline.
KarbonAI’s algorithm decides on a short and long trade, unlike other crypto bots in the market. While other bots make a decision based on programmable data, KarbonAI decides through back-tested data.
Backtesting involves applying historical data to see how trading or investing strategy would have performed in a specified time period, specifically in the past. An enormous amount of back-tested data was correlated with algorithms according to parameters.
KarbonAI uses data that it backtested in the last 12 months and which has a 100% profitability within that timeframe. All the information is furnished to predict present trades. Many of today’s online trading outlets support backtesting.
To sum up, this cryptocurrency bot was fully automated within the parameters of back-tested data.
How to Borrow Money & Invest in a More Conservative Crypto Bot
Leverage is a powerful tool to earn money if done right.
If you truly believe in cryptocurrencies, you probably have set your mind to hold them long-term because they have the ability to remarkably increase. Holding long-term also has tax advantages.
According to David Arnett, about 40-50% of our crypto portfolio should be held for a long duration. The problem with this is that although the cryptocurrency is going up in value, we cannot use them for other things, so we just let them sit in crypto wallets and appreciate in value.
Through platforms called Nexo, which you can get through invite-only parameters, you can use your long-term holds as a crypto deposit.
For instance, if you have $10,000 worth of cryptocurrencies for a long-term hold, 50% of this ($5,000) can be used to either double down Bitcoin or buy other cryptocurrencies. You can think of your long-term hold as collateral to make this possible.
Aside from having your digital currency appreciate in value, you can also capitalize on its value.
Is KarbonAI Legitimate?
KarbonAI is legitimate software that has a good standing among its customers. Not to mention that the owners are openly known and aren’t hiding behind the tails of voice actors. The latter point is critical since you don’t want to be dealing with people whose identities aren’t even known.
If you are a trader (or aspiring to be one) who is not exemplary at keeping up with steady fluctuations in the market and are looking for tools to help with your trading, KarbonAI is one of the best crypto bots out there to consider.
However, although the platform claims to deliver 100% accuracy, you should still be careful inputting your money on these automated picks and be conscious of the risk factors in such a market.
