These trigger a buy or sell only when Bitcoin reaches a specific price point. For example, you can set an order to automatically buy if the price drops by 10%.
The simplest form of automation, often used for Dollar-Cost Averaging (DCA) . Users set a fixed schedule (e.g., weekly or monthly) to buy a set amount of Bitcoin regardless of price.
Removes fear and greed from decision-making, ensuring discipline.
Most reputable platforms like AvaTrade or Pionex offer demo accounts to test bots with fake money before risking real capital.