What are the disadvantages of trading bots?

Trading bots have become increasingly popular in the world of cryptocurrency trading, but are they all they're cracked up to be? While they offer automation and speed, are there any drawbacks to relying on these algorithms for your trades? Could they potentially lead to errors or missed opportunities? Are they vulnerable to hacking or market manipulation? Let's take a closer look at the potential disadvantages of using Trading Bots in the world of cryptocurrency.