Blog
November 9, 2020

The BOTS app experiences: Edward

One of the most important factors for BOTS by RevenYOU to grow and pursue their goals is to have a strong community. A community of users, developers and colleagues. Today we give the floor to a user of the BOTS app: Edward. One of the many users who talk about their BOTS app experiences.

The BOTS app experiences
The BOTS app experiences

Edward

"My love of crypto is enormous," says Edward, "it's mainly because of my aversion to banks and their advice, which ultimately benefits them. That's why I'm a huge fan of the BOTS app."

Edward approaches us with an enormous enthusiasm that we would like to know more about, so we planned an appointment.

"Crypto has an independence that 'ordinary money' doesn't have and never will have. And that's why I once started trading myself. But, of course, it takes a lot of time." So Edward isn't unfamiliar with trading crypto currency. "I even set my alarm clock for it at night," he laughs, "it takes a lot of time and effort to do it all right. That was at the expense of my sleep."

Edward & BOTS

Around March/April of this year Edward stumbled upon an advertisement of BOTS. He signed up for one of the first roadshows and was immediately enthusiastic about BOTS.

"Above all, the degree of openness and transparency appealed, and appeals to me greatly." In addition to using the BOTS app, Edward also decides to become a certificate holder. "When I became a certificate holder, BOTS was really in its infancy. The steps that have been taken in the meantime give me a lot of confidence in the future, both as a user and as a certificate holder". Edward also believes that the future approval of the DNB will give BOTS a strong boost to its growth. "That's going to give so much confidence, that can't help but bring about more growth", he says.

Edward currently has nine bots running in the BOTS app. "Every month I'm either depositing on a running bot or I'm picking out a new bot. And this way, my power is getting a little bit bigger."

What Edward is most fond of is the simplicity of the app. "Trading is not easy, but the BOTS app succeeds in making this complex process extremely simple. I could even explain it to my parents (of 78 and 81) and they understood it completely.

The approachability of the bot ceators is also greatly appreciated by Edward. And although he knows that a real cook is not going to release his recipe for success, he would like to know more about certain methods the bots use to trade. "They're not going to tell me about the algorithm, of course, but I'm curious to know what indicators are being traded. And Edward's most fervent wish is that the bots will soon be able to go short. "But more people have that wish, I read on Discord."

The future of BOTS

Edward sees a bright future for BOTS. "Algorithmic acting is really the future," says Edward. "I still trade myself, apart from the BOTS app, but the greatest danger remains keeping your emotions under control. You really need an iron discipline, and I don't always have one." He stays as quiet as he continues: "If you think you've won by acting manually, you've actually already lost. That's why the BOTS app is such a godsend."

Since Edward started using the BOTS app, he has been acting less and less manually. "And that has mainly to do with the return on investment. At the moment I have an efficiency of 40%. But another big advantage of the BOTS app is the peace of mind it creates. You'll never be able to find it if you continue to trade manually."

Looking to the future of BOTS, the most important thing, according to Edward, is that reliability remains high. "BOTS is not a vague company abroad, but is an open and transparent company. Just here in the Netherlands. This is one of the strengths of BOTS. And that should remain so."

When asked whether Edward, as an experienced crypto trader, will continue to trade with BOTS if we start offering shares etc. via the app, he is quite clear: "Yes of course, it would be best if all markets were approachable via a bot. So that a bot will really get the best return for you."

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

Download the BOTS app on your mobile phone today! For Android click here, for Apple click here.

There is no such thing as risk-free trading. It is possible to lose (part of) your stake.