My UpBots Journey #1: Piero
Welcome to our new interview series “My UpBots Journey!” This series of short interviews is about showing different perspectives of traders currently using the UpBots platform.
We understand that beginners to crypto trading may feel hesitant to start trading with a bot. Through these interviews, we hope to showcase the pros and cons of trading with bots and let you see what real people have to say about their experiences.
In this interview, we hosted one of the most active UpBots community members that also use trading bots, Piero.
Let’s meet Piero!
How did you get started in crypto?
One day in 2017 while scrolling through Reddit topics I discovered crypto, ETH in particular. I then began studying smart contracts and their use cases.
Did you make many mistakes you later regretted?
After discovering crypto I created an account on Kraken to start trading. I watched a lot of videos on Youtube trying to understand patterns and trying to predict the price action. I made lots of mistakes that cost me a lot of money. While trading, you’re driven by emotions especially if you don’t have a strategy from the beginning of your trade.
What was it about UpBots that helped you decide to try trading with bots?
I think that UpBots was the first platform I’ve ever used in terms of bot trading. In the past I was involved in some Telegram channels where people tried to sell you trading bots but, you know, when anonymous people are behind those bots instead of a big company then it is hard to trust them. When I learned about UpBots and its IEO stage, then I decided to give UpBots a try.
Has using trading bots had any impact on your life or lifestyle?
Having a bot activated is like having someone working for you while you sleep or while you do what you like every day so definitely yes! Trading bots can impact your lifestyle in a positive way!
How do crypto trading bots fit into your overall investment/trading strategy?
We are all here to make money, this is not a secret and if you have funds free to invest into other opportunities, a trading bot is a perfect option. The percentage of success it can usually achieve is much higher than that of any human, even if you’re a professional.
What do you say the main benefits of using a trading bot are for investors?
To be allowed to focus on other stuff, to find time to locate long-term projects to invest in, to study, to have vacations, to meet family, to spend your time in a better way. Standing for hours in front of multiple screens trying to catch something is too risky, both for your wallet and for your health!
What would you say to someone else who was still on the fence about trying a trading bot?
Maybe they think bots are a scam or that they will lose all their capital. When there is a big company behind those bots there’s nothing to be worried about. Sure you have to do your research beforehand but the only thing you can do is try, try, try (also with a small amount)! If you don’t try something you’ll never know. Imagine being skeptical of cryptos in the early stage, imagine being skeptical in Defi in the early stage, imagine being in NFTs, in BSC when they’ve launched…If you are on the fence the only thing you can do is try on your own skin.
Having seen the personal experiences of UpBots users are you prepared to start your own trading bot journey?
Take your first step by getting started on UpBots.