BEST AI CRYPTO TRADING BOT 2024 (Binance, Bybit, KuCoin, OKX, etc.)

Summary

This video script promotes the use of free AI crypto trading bots over expensive, subscription-based alternatives, arguing that the latter often involve hidden costs and potential losses. The speaker shares personal experiences with profitable bots on platforms like Binance and Bybit, emphasizing the importance of choosing bots that consistently accumulate Bitcoin, given its superior performance against other assets. Links and resources for these platforms, including welcome bonuses, are provided in the video description.

Takeaways

• 🤖 The speaker recommends free crypto trading bots over paid ones, suggesting that 99% of people don't need the advanced features of paid bots.
• 💰 The speaker claims to have made significant profits using various free crypto trading bots, such as the Binance cryptobot and Buybit AI, without incurring high monthly fees.
• 🔗 Links and resources for the recommended free trading bots are provided in the video description for viewers to access.
• 🚫 The speaker criticizes the high fees and potential for affiliate earnings from selling expensive trading bots, advising viewers to consider free alternatives.
• 📈 The speaker emphasizes the importance of choosing the right bot and metrics for successful trading, suggesting that free bots can yield substantial profits.
• 🌐 Two major crypto trading platforms mentioned are Binance and BitMEX, both of which offer AI strategies for trading.
• 🤖 The limitations of AI bots are highlighted, including their reliance on pre-set orders and potential for loss if recommendations are blindly followed.
• 📊 The speaker discusses the concept that most assets, including fiat currencies, cryptocurrencies, and even real estate and stock markets, are losing value against Bitcoin over time.
• 💹 Bitcoin's value has consistently increased over time, with various metrics such as hash rate and the number of addresses holding at least one BTC showing growth.
• 💰 The speaker endorses Bitcoin DCA (Dollar-Cost Averaging) bots like Binance Auto Invest and Buybit DCA, which allow users to accumulate Bitcoin regularly.
• 🌐 Coin W is presented as a suitable option for those in restricted countries or those who wish to trade privately without KYC, offering welcome rewards for new users.
• 📚 A guide for making money worldwide using more than 20 apps and platforms is offered for free in the video description.

Q & A

What is the main topic of the video script?

The main topic of the video script is about the use of free crypto trading bots for making profits in cryptocurrency markets, specifically focusing on platforms like Binance and Bybit.

What is the speaker's stance on paid versus free trading bots?

The speaker advocates for the use of free trading bots over paid ones, stating that 99% of people do not need paid trading bots and that free bots can yield similar or even better profits.

What are some of the platforms mentioned for using AI trading bots?

The platforms mentioned for using AI trading bots include Binance, Bybit, and CoinW.

What is the speaker's opinion on the limitations of AI bots?

The speaker believes that AI bots have limitations because they follow the orders set by their programmers, which may sometimes lead to recommendations that could result in losses.

What is the speaker's philosophy regarding investment in trading bots?

The speaker's philosophy is to save the extra money from not paying for expensive bots and instead invest that money into a free trading bot that can potentially yield the same or even bigger profits.

What types of bots are recommended by the speaker for making profits?

The speaker recommends bots that accumulate more BTC regularly, such as Binance Auto Invest, Buybit DCA bot, and CoinW Auto Invest.

What is the significance of the 200-week moving average of Bitcoin according to the script?

According to the script, the 200-week moving average of Bitcoin has always been going higher, indicating that every Bitcoin holder who has held long enough is on profits.

What is the speaker's view on the performance of traditional currencies and assets against Bitcoin?

The speaker believes that traditional currencies, cryptocurrencies, real estate, and stock markets are all gravitating towards zero against Bitcoin, which continues to appreciate in value.

How does the speaker describe the process of setting up a Binance Auto Invest bot?

The speaker describes the process as easy, involving selecting BTC, choosing the amount to convert into Bitcoin, and setting up the frequency and amount of investment, with the ability to invest as little as 0.1 USDT or as much as millions per day.

What are some of the services provided by Buybit according to the script?

According to the script, Buybit provides services such as a DCA bot, crypto MasterCards for worldwide payments, and automatic earning opportunities.

What is the speaker's advice for viewers regarding the choice of trading bots?

The speaker advises viewers to choose the right bot and the right metrics, and to consider using free bots that can accumulate Bitcoin regularly, as they believe this approach can lead to significant profits.