⚠️ Disclaimer
I'm not against all trading bots. I'm against bots with closed-source algorithms, magical "AI strategies" and signal-based black boxes.
If you don’t understand how the bot trades — don’t be surprised when it burns your balance.
But if you use bots as tools, based on your own strategy, like manually set DCA levels, TP logic, or trailing setups — that’s fine. The bot is the assistant. You are the strategy.
So Who Really Profits?
Let’s be real. Those who push “AI trading bots” and autopilot strategies don’t profit when you win — they profit when you keep trading.
Here's who's actually making money:
1. The Bot Service
- Charges monthly subscriptions ($20–$100+)
- Takes up to 70% of the commission fees you pay to the exchange
- Gets bonuses and kickbacks from exchanges through affiliate deals
Their goal is simple:
Not your profit — but your volume.
The more you trade, the more they earn. Win or lose? That’s on you.
2. The Exchange
- Earns on every trade, win or lose
- Grows active user base via bot partnerships
- Loves sideways markets — bots go brrr, you pay fees
3. Affiliate Influencers
- Earn up to 40% lifetime commission on trades from their referrals
- Review bots in "educational" content that's really just promotion
- Push pre-made “strategies” that sound pro but perform like roulette
4. You?
You're the hopeful one. You buy a subscription, trust “Strategy #3 from the community”, and... well, you know how this ends.
The Promises vs The Reality
What They Promise |
What Actually Happens |
---|---|
“AI-powered neural network bot” |
Some closed script with random indicators |
“Guaranteed passive income” |
No guarantee. All risk = yours. All profit = theirs |
“Top strategies from pro traders” |
Copy-trading with zero transparency or track record |
“24/7 automated trading” |
Yep — and 24/7 losses during bad market conditions |
Why I Think This Model Is a Scam
Simple question, simple answer
If these bots really made consistent profit — why would they sell them to you for $29/month?
They’d
- Take a cut of your profit
- Limit access to avoid overexposure of the strategy
- Use it to trade for themselves, not you
But instead, they sell you a subscription, route your API through their affiliate program, and watch you bleed fees.
Most Popular Crypto Bot Platforms (That Profit From You, Not For You)
Here’s a list of popular services that market their bots as “smart”
- 3Commas
- Pionex
- Bitsgap
- TradeSanta
- Quadency
- Shrimpy
- CryptoHopper
- Zignaly
- Coinrule
- Mudrex
They all:
- Sell shiny templates and “pre-made strategies”
- Keep their internal logic hidden or vague
- Make money from subscriptions and exchange kickbacks
Don’t Believe Me? Just Check Trustpilot
Yeah, most of these platforms have 4.5+ stars on Trustpilot.
But come on — do you really think a platform making millions can’t buy reputation?
Scroll to the 1-star reviews. That’s where the real stories are.
- People lost money
- Support didn’t help
- They were told, “That’s just how markets work”
I believe those reviews — because I’ve been there too.
To break up the wall of text, I'll be inserting examples of negative reviews for various services
Real Trading Bots DO Exist (Just Not for You)
Yes, real trading bots exist — and they work very well.
They’re used by
- Market makers
- High-frequency trading desks
- Quant funds with co-located servers and millisecond execution
They arbitrage across 5–10 exchanges at once, optimize latency, and handle massive volume.
Do you think they’re gonna share those bots with you… for $29/month?
My Background
I used to work in many businesses before diving into crypto. And let me tell you:
30% annual return is a fantastic result — for a real business.
A business where people:
- Spend time and energy
- Pay taxes
- Take risk with no guarantee of income
So when a bot service promises 100%, 200%, 1000%+ annual ROI — sorry, I’m out.
I’m not chasing 100000%. I just want sustainable returns and low risk.
And if I feel like going full degen? I’ll spin some slots or ape into a meme coin on a DEX (just kidding — don’t try this at home.)
How to Spot a Legit Trading Bot (Rare Species Alert)
Here’s my personal checklist:
- The service only charges a % of your profit
- No fixed monthly subscription
- You know exactly how it works
- It promises realistic returns — 20–70% annually
- You stay in control of strategy logic
No, I’m not promoting anyone — but one day I found a startup doing exactly this:
~20–70% annual returns, you only pay if you profit.
They’re still in early stage, but this is the only model that makes sense to me.
Wanna check it out? DM me on Twitter @Mr_Reaper_crypt. I’ll share the link.
Share Your Experience
I’m not claiming to be an expert. I’m just sharing what I’ve learned — from both personal failures and community feedback.
If you’ve used any of these bots — good or bad — drop a comment. Maybe together we can figure out which tools actually work… and which ones belong in the trash bin of Web3 history.
“In trading, survival is more important than speed. There are no trophies for going broke fast.”