BOTS is about to revolutionise the world of trading. Algorithmic trading will be available to all people worldwide rather than just the richest 3% of the world. We have created a few informative videos to get you started with the BOTS app.
What is BOTS?
It’s an open platform on which expert developers offer the use of their bots. These bots trade for you, making decisions based on artificial intelligence, machine learning and algorithms. So, essentially, bots are automated trading strategies.
Thanks to our app, the best trading strategies are now also available to you, not just to the richest 3% of the world. This is how we are revolutionising the world of trading together and making it fairer and more transparent.
Online investment trends
Simon goes in search of online investment trends in 2021. For example, crypto currencies are going up by leaps and bounds, there are numerous apps available with which to trade and we look at the forecast for both stocks and various crypto currencies.
If you are interested in investing in shares, the possibilities are endless. It’s a good idea to base your choices for particular shares on data. Or to have a gift for predicting the future. It’s almost impossible to predict how the stock market will perform either this year or next year.
To find out what best to do, Simon contacted a number of experts to discuss emerging investment trends.
Trend 1: The rising stock market
One point of discussion is the current stock market. There are experts who argue that now is a very bad time to buy shares, because prices will eventually fall sharply in the coming months. On the other hand, there are also experts who say that the market will rise again because a lot of money is still being printed by various countries.
If you want to invest in shares or ETFs now, the experts are in agreement about the strategy to follow: buy and hold! You actually make a deal with yourself to simply buy the shares and then do nothing for a considerable period of time. We assume that you are investing for the long term in any case. We previously wrote this article on the subject.
Trend 2: Apps for trading
An important trend is the availability of apps for trading and investing. It was inevitable that apps would become available on this scale, because people do everything on their phones these days. And that includes trading.
The apps themselves are becoming increasingly user-friendly, thus making trading more and more accessible.
Different types of app are available, all focusing on different forms of investing. With BUX you can invest in shares and ETFs yourself, for example, and with the Dutch start-up Pennywise you can build up a pension through index investing.
The BOTS app enables you to invest in crypto currencies, although this will eventually be extended to other assets. The advantage of investing via the BOTS app is that the trading is done for you by algorithms created by experienced traders and developers. So the bots in the BOTS app are actually automated trading strategies.
Trend 3: Crypto currencies
It’s becoming increasingly common: trading in crypto currencies. Trends in the crypto market are much more difficult to predict because it’s still an erratic market in which a lot is going on. Nevertheless, more and more crypto trading is taking place. Not only by individuals, but also increasingly by companies.
Arthur, the head of the bot creator team at BOTS, is convinced that the crypto market is becoming more mature and that the Bitcoin exchange rate, for example, will rise even further in 2021, which is positive for crypto currency trading in general.
Trading is for everyone
Everyone should be able to trade. And now they can. With BOTS. Interested, but your question hasn’t been answered yet? Then please take a look at the FAQs on our site. Or contact us and we will be happy to explain it to you in person.
Need help with something else?
If you have any questions about the BOTS app, please feel free 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 all or part of your stake.