How does a crypto grid trading bot work?
Could you elaborate on the operational mechanism of a crypto grid trading bot? I'm particularly interested in understanding how it functions to generate profits in the volatile cryptocurrency market. Does it rely on algorithmic trading strategies? How does it determine the optimal buy and sell points within a predefined price range? Additionally, how does it handle market fluctuations and adjust its trading decisions accordingly? I'm keen to gain a deeper understanding of its inner workings and how it can potentially aid investors in navigating the crypto landscape.