Risk Disclosure
Trading crypto assets is risky, and automating it does not make it safe. Read this before you let a bot trade real money. Only trade with money you can afford to lose.
You can lose money
Crypto prices can move sharply, quickly and without warning, around the clock. You can lose some or all of the money you trade. Past performance, including your own bots', does not predict future results.
How strategies can lose
- Grid and growth bots buy as the price falls. In a long decline they keep buying, and can end up holding a coin worth far less than was paid for it.
- DCA bots average down: each safety buy is larger, so more money is committed the further a price falls.
- Stops and take-profits are not guaranteed prices. In a fast market, or if an order is refused, they can fill much worse than set, or not at all.
- Signals can be wrong and can delay or miss good entries.
- Fees and slippage are charged on every trade and can turn small gains into losses, especially with frequent trading.
When things fail
Exchanges have outages, maintenance, trading halts and delistings. Networks, the service itself or its hosting can fail. A bot may miss trades, trade late, or behave differently than expected after a restart. Software can contain errors despite testing. The kill switch, trading lock and risk limits reduce, but do not remove, these risks.
Simulations are not results
Paper trading, replays and backtests use past or current prices without the real order book. Real fills, fees and timing differ, and a strategy that did well in the past may do badly next.
AI can be wrong
AI reviews, grades, suggested settings, suggested strategies and plans are generated automatically and can be wrong, out of date or unsuited to you, whatever goal you choose. A suggestion passing the strategy's checks only means a bot can run with it, not that it will make money. Think before you apply one, especially to a live bot.
Your keys and your account
Anyone with your exchange keys can trade your account. Create keys without withdrawal permission, keep your exchange account secure, and revoke keys you no longer use.
Law and tax
Rules on crypto and automated trading differ by country and change over time. You are responsible for trading lawfully where you live and for your own taxes on any gains.
No advice
AutoTradIQ does not know your finances, goals or tolerance for risk, and nothing it shows is financial advice. If you are unsure, speak to a qualified, independent adviser.
See also the Terms of Use and the Privacy Policy.