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I got nailed $2000 by a damn hitbotter who tried to, and succeeded in toppling me from the particular keywords they targeted.
I didn't check for a few days and BAM ... I got hit. Google just told me to set my maximum daily spend to something I could manage.
you gotta stay on top of it. If ur the vindictive type then hire someone to hitbot their campaigns once they take your spot. You cant stop a hitbot if done correctly.
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