Do trading robots really work?

I've been hearing a lot about trading robots lately, and I'm curious if they really do work. Can you explain how they function and what their success rates are? Are they reliable enough to trust with my investments? I'm interested in understanding the pros and cons of using them, and whether or not they're a good fit for my trading strategy. Ultimately, I want to know if trading robots are a legitimate way to make money in the cryptocurrency and finance world.