This YouTube video ("Avoiding Bitcoin Trading Scams" by Kosta Ouzas) argues that trading bots are not "set-and-forget" solutions: while bots can automate trading, users must understand financial markets, manage risk (including liquidation levels), and receive education to use the tools successfully. The creator emphasizes building trading tools plus providing user education to prevent misuse and scams.
All those things have to be in tandem with each other. Right? Because I think a lot of people think this is a system where you click a button, turn it on, and then you just never have to do anything. That's not the reality. It's very, very good, and it's going to essentially fly on autopilot for you. But understanding a financial market and understanding how to manage your risk, your liquidation levels, these are as important as the functionality of the bot, and they go hand in hand. And that's really where we want to take this, is we've built the tools to trade, but we want to give everyone the level of education they need to be able to successfully use these tools in the market.
