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Trading bots are popular with traders who trade in bitcoin. What i can say is no money is lost until you manually sell it at a loss, the bot does NOT sell anything at a loss, unless you tell it blockchain hackathon entrance 2017 do. This way also people with a busy life can participate in their short-term trades.

A ledger provides a chronological record of transactions

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Tasking my Bitcoin fullnode raspberry PI with keeping the script running while I went to bed.