Trading Bot

Cryptohopper Copy Bot, integrated with Algorithm Intelligence (AI), transforms the way traders approach cryptocurrency trading by harnessing the power of smart automation and strategic replication. This innovative feature allows users to automatically mimic the trading strategies of successful traders, tailoring the replication to your own investment size and risk tolerance, without the need for constant market analysis or decision-making.

At its core, Cryptohopper’s AI, or Algorithm Intelligence, is not your typical artificial intelligence but a sophisticated system designed to analyze and backtest trading strategies. Users can feed the AI with various trading strategies, which it then evaluates based on historical data to identify the most effective ones in real-time market conditions. When you select a Copy Bot from the Cryptohopper marketplace, you are essentially choosing a strategy that has been proven and refined by experts.

This copy bot employs a sophisticated strategy combining trailing stop loss with dollar cost averaging to maximize investment gains. Trailing stop loss dynamically adjusts the sell point as the asset price increases, locking in profits while providing a safety net against sudden drops. This method ensures that gains are not eroded by market volatility. Simultaneously, dollar cost averaging involves investing a fixed sum at regular intervals, reducing the average cost per coin over time and mitigating the risk of investing a lump sum at a peak price. Together, these strategies create a balanced approach to capitalizing on market movements while minimizing risk.

Exchange

Quote currency

UNITED STATES DOLLAR (USD)

Refundable

Yes

Selected currencies:

1INCH AAVE ADA AKT ALGO ATOM AVAX BAT BCH BOND BONK CHZ COTI CRV DASH DOT ENJ EOS FET FIL FLOKI GRT INJ LINK MKR OP PEPE POL POPCAT RAD SAND SHIB SOL SUI TRX XDG ETC ETH LTC BTC XLM XMR XRP