Multiple sources, including For Traders and Coincub, report that approximately 73% of automated crypto trading accounts fail within their first six months. This means only about 27% can be considered successful over that period, and even fewer consistently outperform the overall market.
High-profile success stories often cite cherry-picked, top-performing bots or proprietary systems, which are not representative of the typical retail trading bot experience. Most retail bots struggle to break even due to factors like trading fees, slippage, and market unpredictability.
Institutional bots dominate trading volume, but profitability for average users remains low. The evidence indicates that the vast majority of retail crypto trading bots do not achieve sustained success or outperformance.