BOTS Performance | September 22nd, 2021
Ready to see which bots have been doing their job the best last week? Good. Because we’ve lined them up for you in this weekly performance update!
In the BOTS app, you find many trading bots, each performing differently depending on their strategies. To give you insight into the performances of these trading bots, we have made an overview for you in which we compare their performances to each other. Are your bots part of this week’s list?
The reason why we benchmark our trading bots is to show you that, in most instances, bots trade better than humans. While you see Bitcoin go up, a trading bot might be able to generate a higher profit due to its strategy. Also, when markets go down, trading bots may still generate a profit or minimize the losses by making intelligent decisions based on pure data. Emotion plays a significant role in a trader’s actions; luckily, bots don’t have those emotions.
Please note that the data in this overview is a snapshot. This means that the results you see in the app may vary since they are based on real-time data.
This week, Bitcoin slowly recovered from a significant correction after the mother of all cryptocurrencies climbed above $50.000 two weeks ago. Unfortunately, the recovery was halted by panic on the markets caused by the indebted Chinese company Evergrande. This brought Bitcoin back down to $40.000, an important support zone.
Even though the markets don’t look great, some BOTS trading bots generated a nice return. The best performer of this week is Team Agga Technologies’ Pitch Black Mia bot. This trading bot trades with the altcoin EOS (EOS) and stops trading when the market stagnates. That indeed seemed like the wisest thing to do this week as Pitch Black Mia generated a return of 7,7%!
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.