this post was submitted on 19 Jan 2024
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New to crypto, found a bot that basically prints money, why isn't everyone using it? (zerobytes.monster)
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The original was posted on /r/cryptocurrency by /u/Dvine24hr on 2024-01-19 07:17:32+00:00.

Not allowed to post pictures on here for some reason but I found a wallet that was doing quite a few trades on a Solana alt coin. He would buy for 400 dollars then sell 2 seconds later for 410 dollars. Then a few minutes later buy for 350 dollars and sell for 358 2 seconds later. This went on for hours, this bot is literally printing money, what the hell even is this?

This also begs the question for me, how do humans even compete with this? Is trading without bots completely pointless and is your only option as a human to buy and hold? I've been able to make a bit of money trading already by just not getting greedy but this has left a sour taste in my mouth.

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