benjamin_doe_philosopher
Fri Feb 28 2025
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5 answers
1049
Why should you use a sniper bot in crypto trading?
I heard that crypto trading can be quite profitable, but it's also risky. I've been exploring various strategies and came across the concept of a sniper bot. I'm curious to understand why one should consider using a sniper bot for crypto trading.
JejuJoyful
Mon Jul 15 2024
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5 answers
906
What is a sniper bot in cryptocurrency trading?
Could you elaborate on the concept of a sniper bot in the realm of cryptocurrency trading? I've heard the term mentioned but am unclear on its specific function and role in the market. Do these bots operate autonomously to capitalize on fleeting opportunities? Are they programmed to execute trades at precise price points, almost instantaneously? And what kind of impact do they have on the overall market dynamics, especially in terms of volatility and liquidity? I'd appreciate a concise yet informative explanation of the sniper bot's workings and significance in the crypto trading landscape.
