Inside BOTS: BOT creator Freek reveals his cryptocurrency trading strategies
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 Freek
Today, we have the honour of introducing you to bot creator Freek. And guess what? He’s going to reveal his cryptocurrency trading strategies to you!
Freek is a software engineer by day and bot creator by night. Living in Eindhoven, he has created quite a few bots under the team name Rave before the Machine. “I just love coding. I love solving puzzles every day! I got involved in energy market trading and wanted to do more. That’s where I picked up on cryptocurrency trading ”.
Freek’s bots: Rave before the Machine
So far, Freek has released three bots to the BOTS app:
● Dr Block
● Dr Block 2
● Dr Spock
But he’s not even close to done creating bots. “In future bots, we want to make a little more risk-taking available. We see massive movements in the cryptocurrency market. The long term trend is up, but you don’t want to take all that risk. What I aim for is to have a bot that gives 10% or 20% annual return every year — which is better than a savings account.”
“The beauty of BOTS is that we can make the best algorithmic trading strategies and results available to the smaller investors.”
But what about his trading strategies? How does the algorithm work? “When you see a certain movement in a stock or cryptocurrency, and it corresponds with profits or losses to come, it may have a predictive value. It can predict where to invest or get out of the market, as there might be trouble ahead. But still: you never know what you’re going to get. The most beautiful algorithm might not perform, and something really simple might just perform very well. Figuring out what works tomorrow, and didn’t work yesterday, is a great game!”
Freek’s view on the future of trading
Now, Freek knows what he’s talking about. But what does he think about the future of trading in general? “The future is going to involve more and more algorithmic trading. You’re always in a technology battle. It’s not a zero-sum game, but there is a sum to the game. People who have millions to invest have already had access to algorithmic trading for a while, which is an unfair advantage to small investors. The beauty of BOTS is that we can make the best algorithmic trading strategies and results available to the smaller investors.”
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.