BOTS Blog: Too busy to trade yourself? Simon has the solution.
BOTS is going to turn the world of investing upside down. Algorithmic trading will become available to everyone in the world, not just the richest 3% in the world. To help you get started with the BOTS app, we've created some informative videos for you.
The BOTS app is an open platform on which expert developers offer their bots. These bots invest for you. They make their choices based on artificial intelligence, machine learning and algorithms. So bots are actually automated trading strategies.
With our app, the best trading strategies are now available to you. And not only for the richest 3% of the world. In this way, together we will turn the world of investing upside down and make it fairer and more transparent.
If you really want to invest well yourself, this often takes a lot of time. And knowledge.
Simon would also like to invest, but he wants to spend as little time as possible on it and still get good returns. So he focuses on automated trading.
The big advantage? It takes much less of your precious time.
In the video below, Simon explains how you can invest using an app without needing a lot of time and knowledge. Investing like a pro, without being one.
Your time is precious
Everyone is busy these days. Work, family, friends and family. Everything takes a lot of time and you want to spend your free time on things you like. Simon would rather spend his time watching a movie or gaming than trading on the stock exchange. Although he would like to build up a second passive income.
Simon explains how he does this.
Different investment apps
If you're anything like Simon, you probably want to start investing but don't know where to find the time. But then again, you don't need to rely on your savings interest anymore in this day and age.
When you start looking for apps to invest with, the selection is enormous. In fact, it's so big that you can feel completely overwhelmed.
If you want to invest specifically in crypto, there is still a wide range of apps. The most well-known are Coinbase, Plus500 and eToro. Through these apps, you still have to trade yourself, so it's not very time saving.
Automated investing or trading
If you don't feel like or have no time to dive into trading yourself, then automated trading is definitely for you. Simon is in any case completely convinced.
With the BOTS app, you "buy" bots that automatically trade for you in various crypto currencies. In time, this will be extended to other forms of investing, such as stocks, bonds and metals.
What are bots?
The bots in the BOTS app use algorithms to trade for you. These algorithms are actually automated trading strategies that buy and sell for you.
You can invest in one bot for a certain to see how it works and if all goes well, you'll make a profit too.
The bots are created by independent developers and are tested extensively before being allowed on the BOTS app.
Bots never sleep
Simon discovered some great benefits of trading with the BOTS app. The crypto exchanges are always open, but like everyone else, he just needs sleep. Bots never sleep. So they can determine the best buy and sell points for you 24 hours a day, 7 days a week. A human can never do this.
Add to this the fact that a bot also has no emotion, but is built to follow a certain strategy and you can't help but be enthusiastic.
The BOTS expert has his say
Simon wondered why not everyone is acting this way and called the head of the bot creator team Arthur with this question.
"Professional traders have been trading with algorithms for years. Only this was never available to the 'normal' people like you and me," Arthur said, "85% of all trading volume is determined by large hedge funds that trade with algorithms. So that should be available to the rest of the world as well."
Investing is for everyone
Everyone should be able to invest. And now they can. With BOTS. Are you interested, but your question hasn't been answered yet? Take a look at the FAQ's on our site. Or contact us, we will gladly explain it to you in person.
Need any help with anything?
If you still have questions about the BOTS app, do not hesitate to contact our support department.
The BOTS app is now live
There is no such thing as risk-free trading. It is possible to lose (part of) your stake.