Inside BOTS: Bot-creator Oscar reveals how he started and won the BOTS-League!
Using the BOTS app means using automated, algorithmic trading. Or, in other words: you Netflix and chill and the bots do all the heavy lifting. But these algorithms, known as bots, don’t just appear from thin air.
Who create the bots in the BOTS app?
Behind every bot in the BOTS app is a passionate creator. Someone who puts his trading strategies in an intelligent algorithm and shares it with the world. The way BOTS makes trading available to everyone. Pretty fantastic, right? You could say they’re real-life superheroes.
Time to move the spotlight to these heroes in the new series: Inside BOTS. Ready to get to know our bot-creators?
This is Oscar
Bot-creator Oscar started as a BOTS app user until he started creating new bots with his Team to the Moon. His bots Mild BBKing and Hot BBKing won a competition amongst bot-creators: the BOTS league. Oscar explains the ins and outs of the competition and the winning bots and their performance. Discover all about Oscar, his life as a bot-creator and his view on the future of BOTS!
“I started algorithmic trading in the summer of 2020: with the BOTS app. The beauty of the app is the fact that it’s easy to use for everyone, and it makes it possible to run multiple algorithms on your phone.”
How COVID-19 created bot creators
But how did Oscar decide to become a bot creator? “I got bored during the second COVID-19 lockdown, so I found something to entertain myself: we joined the BOTS League.” The BOTS League is a competition amongst developers to encourage them to develop the best possible bot. And guess who won? You guessed it: Oscars’ bot Hot BBKing, a bot that trades in Ethereum to gain more Bitcoin.
“It’s very easy to release your bot to the platform and creates a market for both bot creators and investors. The BOTS app brings them together.”
“I think Hot BBKing won because it searches for the bottom and can be quite aggressive in buying Ethereum. It’s a more risky strategy, which works very well in a bull market. When the market drops, you just have to stick to the algorithms and the ideas behind it. We’ve had some problems with our bots, but also made minor adjustments to manage that.”
The best part of being a bot creator
Now, we’ve heard many stories from different bot creators, but there’s one thing they all agree on: being a bot creator is awesome. “The fact that other people use our bots is very exciting and makes that we want them to perform very well. Sometimes we will test over ten thousand set-ups for a bot to find the optimal setting.”
And obviously, the BOTS app lends a helping hand in testing and releasing these bots. “It’s very easy to release your bot to the platform and creates a market for both bot creators and investors. The BOTS app brings them together.”
If you’d like to know more about creating and publishing bots, have a look at bot creator page.
BOTS is a tech company that has developed an app that makes it possible for anyone to start investing. You only need €50 to get started. BOTS uses automated trading strategies based on algorithms. We call these algorithms bots. These bots are tiny superheroes: they make automated investing accessible to everyone. With their help, you can invest in cryptocurrency within minutes — without any knowledge! And we’ll do you one better… In 2021, you’ll also be able to invest in stocks and other currencies through the BOTS app.
The app is free to download and quick and easy to install. BOTS currently operates in more than 15 countries, and by the end of the year, BOTS wants to be active in at least 60 countries and four continents.
Need any help with anything?
Even though automated investing is incredibly easy, you might need some time to find your way around the app and discover all the options. So if you still have questions wandering around your mind, or you just can’t seem to figure it out, please do not hesitate to contact the BOTS support department.
Don’t feel like calling our support team? Just head to the BOTS YouTube channel and browse through the dozens of instructional videos that may help you further. You are also royally invited to the BOTS Discord channel.
Ready to get started?
There is no such thing as risk-free trading. It is possible to lose (part of) your stake.