BOTS Performance | July 20th 2021
Ready to know which bots have been doing their job best these last weeks? Good. Because we’ve lined them up for you. Discover how the bots in the BOTS app are performing compared to the market.
In the BOTS app, you find many trading bots, each performing differently based on their strategies. But are they performing better than the market itself? To give you an insight into the performances of these trading bots, we have made an overview for you in which we compare their performances to the market itself. In simple terms, would a euro in the hands of a BOTS robot now be worth more than if you would’ve just bought bitcoin (BTC)?
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 generate a profit still 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.
In our benchmark, we compare the performances of the trading bots in the BOTS app with several markets during the past week. Included in our overview are Bitcoin, Ethereum, S&P, Tesla, Gold, and Oil. You will first find a bar chart with the performances of these assets, so you get an idea of how they performed compared to each other. Then, you will find a list of the best-performing trading bots. This makes it easy for you to see how the bots performed compared to the markets.
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.
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.