Be careful. Don't trade with something you don't believe in long-term. I pulled out at a small loss because BTC is really unstable right now and going down and alts are losing value. Since the bot is buying half your investment amount at a time, if the coin goes down, you'll have a big net loss, at least temporarily. I'm going to wait until BTC is on an upward trend again. If you find a coin on an upward trend that is volatile, it will net really big gains. I'm going to set up some very small amount bots to practice with parameters. I was reading more about it and people are finding that the default parameters aren't great, and it works a lot better when they set their own parameters. If you click on one of the leaderboard bots when setting one up, it shows you the parameters they used and lets you copy them.
The bot is supposed to take the emotion out of it but I found myself checking constantly because I'm nervous about where BTC is going short-term. I'm kinda traumatized by 2017, when the bubble burst almost all of my alts lost 90% of their value and most never recovered, some don't even exist anymore. Probably best to set a bot up with BTC or ETH, those aren't going anywhere unless crypto just disappears which seems extremely unlikely at this point. People are making insane gains with Doge right now because the volatility is very high, but Doge is the OG shitcoin, I don't trust it for a second, that is a massive bubble waiting to burst. But bot trading gains seem to be pretty slow with BTC and ETH since their mkt caps are so high, volatility fluctuations are much lower in percentages so each trade nets you very little. It's a way to get passive income on something you're holding though, as you will gradually increase your position instead of your position just staying the same.