What is the principle of operation of a cryptocurrency bot?

Question

bitcoin

Who can describe the principle of operation of a bot for trading on a cryptocurrency exchange?

Answer 1

The prince is simple - buy, sell, until all the money is drained.

Answer 2

If you are looking for the "Loot" button, then it is not here, go ahead.
A bot is a program that automates the execution of operations on the stock exchange. What? And what do you write to this bot.
That is, you need to understand the logic of the exchange, the logic of the strategy that you want to implement, and after that just write a bot for the exchange. There is no freebie. And the exchange would be a zero-sum game if it weren't for commissions. And since this is a game with a negative expectation, you win only at the expense of losing others. That is, you need to be either smarter or luckier. Otherwise, join the crowd of hamsters, which earns those who are smarter or luckier.