**😳What is an automated spot trading bot? **

A spot crypto bot is an automated computer program that uses algorithms and market data analysis to execute trades on behalf of a trader. Crypto trading bots enable novice or experienced traders to take advantage of market opportunities without the need for constant monitoring. These bots can help traders enhance their profitability and streamline their trading process. DipSway makes sure there is no complex configuration. It automates everything into one bot that has the capability to adapt to the current market.

**How does AI affect a spot trading bot? **

Artificial Intelligence (AI), is the subject that focuses on the ability of machines to perform tasks that simulate human behavior.

How can AI improve crypto trading bots? AI can be used to enhance the bot’s decision-making process by analyzing big sums of data and identifying patterns that may not be clear to the human eye. A cryptocurrency trading bot with artificial intelligence can continuously learn and shift its strategies to the changing market conditions, making the trader’s life easier.

Additionally, these bots usually come with a risk management strategy to reduce the possible losses, these techniques usually are stop-loss orders or taking profits.

AI spot **trading bot VS non-AI spot trading bot **

A non-AI Bot works by using a pre-determined set of rules and indicators to trigger buy and sell signals. These signals are static and are based on technical analysis of the market. The bot can be customized with different parameters to suit a trader’s strategy.

An AI Bot instead uses machine learning algorithms to analyze market data and make informed trading decisions that adapt to the current market situation. The bot takes into account a range of factors, including market trends, historical data, and other parameters to predict future market movements. These bots can have various parameters to play around with such as how much Buy Power the bot can have to make it a versatile tool for traders.

**Which one should you choose? **

The main difference between these two bots is that the non-AI bot is static. This means it doesn’t autonomously adapt to market changes, making it the trader’s job to make sure the strategy is suitable in that particular time period. A non-AI bot doesn’t perform well if you are inactive or a novice to crypto trading. The AI bot can easily adapt to changing market conditions making it more versatile and simpler to have than a non-AI.

Choosing which bot suits you depends on your trading strategy, experience, and goals. If you prefer to get your hands dirty and have a more hands-on and practical approach, a non-AI bot may be the better option. However, if you’re looking for a more advanced tool with a bare minimum configuration that can adapt to changing market conditions, provide better long-term results, and doesn’t need your full attention, an AI-powered bot could be the way to go.

DipSway offers a fully spot AI bot that has already been trained and will continuously get better over time. To get started there is almost no configuration and works autonomously every day so you keep profiting in every market situation!

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How much money do you need to start a crypto bot?

The capital needed to start a crypto bot will depend on the platform you intend of using. DipSway AI bot will work from +50USDT. Just like every other type of investment, crypto trading with a bot will require a good amount of capital.

There is no minimum or maximum. But it’s important to invest with care.

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Conclusion

You see that using an AI crypto bot can have a big advantage over manual trading. Investors can mitigate risks and keep their crypto wallets active over time while maximizing returns in the long term. It eliminates the need for manual trading and is fully automated. Grab your AI bot now!