Call us at beginners - Beleggen in crypto
BOTS wants to ensure that everyone in the world has the opportunity to build up a second passive income through investment. Not everyone has experience with investing yet. That is why we are now sharing more information every week in our "Investing for beginners" series.
Investing for beginners
Last time we shared more information about investing in funds in our "Investing for beginners" series. What is it and how can you make extra money with it?
You can read the whole article back here.
Today we focus on investing in crypto for beginners. What is it, what kind of crypto currencies are there and how to make a profit investing in crypto?
Investing in crypto
In addition to investing in the most common forms such as shares, bonds and funds, investing in crypto is booming. But what is it really? We explain it to you in this "Investing for beginners".
Basically, crypt-currency has been devised to enable payments to be made without the involvement of banks and governments. The payment system is registered in a blockchain, actually a kind of database.
Because the crypto market is quite young, many people see growth opportunities here and more and more investors are also entering the crypto trade. Larger companies have also entered the market in the meantime.
Crypt currency is thus digital money. You can't put it in the bank or in your wallet. However, you can keep it in a digital wallet. We call this a wallet. The most common types of crypto currencies are Bitcoin, Ripple and Ethereum.
Different strategies for crypto trading
If you want to start trading crypto, there are roughly two important strategies you can follow.
Buy and hold
The simplest strategy to follow is the buy and hold strategy. With this strategy you purchase crypto currency and then leave it alone. With this strategy you actually anticipate a rise in the cherub of the crypto you've purchased.
A second, and more intensive, strategy is (Day) trading. With this you start trading actively. This often happens on a daily basis. For this purpose you'll have to keep a close eye on the prices and you'll have to make sure that you're always aware of matters which are having an influence on the price of your purchased crypto.
The BOTS app and crypto
Our investment focus for now is on crypto funds. And we do this in an automated way. With bots. In our BOTS app, you can choose a particular bot. This bot is developed by specialized developers and works through algorithms, artificial intelligence and machine learning. This eliminates the need to invest via a (digital) fund manager. So you don't pay for the costs they incur to be able to invest for you. In the long run, we do not only want to offer crypto investments, but also shares, bonds and investment funds.
The efficiency that a bot achieves, compared to a human being, is significantly higher. A bot does not sleep and can therefore react directly to changes in your cryptofound. Also, a bot has no emotion that partly determines how your investments are handled.
In this way, investing with higher returns becomes feasible for everyone. The best trading strategies were only available to the richest 3% in the world. Because of our bots now also for you. You can start within 2 minutes and from € 50,-.
Investing is for everyone
Everyone should be able to invest. And now they can. With BOTS. Together we are going to make the world of investment fairer and more transparent. Are you interested, but your question hasn't been answered yet? Take a look at the FAQs on our site. Or contact us, we will be happy to explain it to you in person.
The BOTS app is now live
There is no such thing as risk-free trading. It is possible to lose (part of) your stake.