Moonraker bots are automated trading systems designed to assist you in executing trades. However, it is important to understand the following:
- No Financial Advice: Moonraker bots do not provide financial advice. The bots are tools intended to aid in trading based on pre-defined algorithms and user configurations. All trading decisions made are at the user’s discretion.
- No Guarantees: While Moonraker bots aim to optimize trading strategies and increase the probability of successful trades, there are no guarantees of profit. The financial markets are inherently volatile and unpredictable, and past performance is not indicative of future results.
- Risk of Loss: Trading cryptocurrencies and other financial instruments involves significant risk. You may lose all or more than your initial investment. Only invest funds that you can afford to lose. It is crucial to conduct your own research and understand the risks involved before engaging in trading.
- User Responsibility: Users are responsible for monitoring the bot’s activity. Ensure that you understand how the bot operates and be prepared to intervene or stop trading at any time if necessary. Moonraker bots operate based on the parameters you set, and it is your responsibility to ensure these parameters align with your trading strategy and risk tolerance.
- Market Risks and Volatility: The cryptocurrency market is highly volatile and can experience sudden and significant changes in value. External factors, such as regulatory changes, security breaches, and market manipulation, can impact the performance of your trades. Be aware of these risks when using Moonraker bots.
- Technological Risks: Moonraker bots rely on software, third-party services, and exchanges to function. There may be instances of technical failures, connectivity issues, or service disruptions that can affect the bot’s performance. While we strive to maintain high reliability and performance, such risks cannot be entirely eliminated.
- Legal Compliance: Users are responsible for ensuring their use of Moonraker bots complies with all applicable laws and regulations in their jurisdiction. This includes, but is not limited to, tax obligations and reporting requirements.
- No Liability: Moonraker and its affiliates, developers, and partners shall not be held liable for any losses or damages resulting from the use of the bots. This includes, but is not limited to, financial losses, missed opportunities, or any adverse impact on your trading account.
By using Moonraker bots, you acknowledge and accept these risks and agree to hold Moonraker harmless from any claims or damages arising from your use of the service. Always trade responsibly and seek professional advice if needed.