The BOTS app reviews: Lesley
Each BOTS app user has their reasons for investing through the app. But what are these reasons? What motivates them to trade with BOTS? Well: let's ask them! Today it's Lesley's turn - who wants to be a millionaire before his 30th birthday.
Last January, Lesley turned 20 years young. He didn’t celebrate his birthday very extensively. Not only because of Corona but also because he’s simply swamped. “I’m studying, and I have two jobs, so I don’t have much free time left.”
Lesley is currently doing an ICT course. “I’ve always been interested in computers, but because things weren’t going very well in high school, I had to get in at a lower level than what I was able to handle. Fortunately, things are moving in the right direction now. After this education, I would like to do further education in marketing. Marketing has so many facets; I don’t think a day in marketing ever looks the same.”
Lesley and the BOTS app
Lesley spends a lot of time on YouTube because of his interest in marketing, and he was presented with BOTS advertisements several times. “I was already investing with Capitol and Training Viewer, but I was looking for a way to make it easier for myself. And then the BOTS commercial came along. Exactly what I was looking for! Automated trading is the future.”
Last fall, Lesley downloaded the BOTS app and started his first bot. “The first bot I started was Hirundo, still one of my favourite bots.” Lesley was so excited that he recommended the app to his friends. “One of those friends already has a return of more than 100%. Unbelievable!”
The fact that the BOTS app currently only trades in crypto is no obstacle for Lesley. “I like to invest in crypto because I think this is the currency of the future. Look at Elon Musk. You can think whatever you want about this man, but so far, he does get everything he says he’ll get. So if he says that one day, crypto can be paid on the moon, I take his word for it.”
Continuing with Elon Musk and the BOTS app, Lesley states that it would be fantastic if he could ever build one (or more) bots for the BOTS app. “At least I can see that potential in the app.”
Lesley keeps an overview in an Excel sheet to keep an eye on how “his” bots in the BOTS app are doing. “I tell my friends that they have to top up their investment monthly, and above all, leave the app alone. That is simply the best long-term strategy for a beginner, and also for experienced investors.”
Because Lesley himself is quite fanatically trading in shares daily, he regularly checks the BOTS app himself. He notes his findings in Excel, as mentioned earlier. “I know I shouldn’t be so fanatical at checking out the app, but I haven’t gained the skill of leaving things be just yet.”
Lesley’s BOTS goals
Lesley’s fascination with investing stems from his childhood. “We didn’t have a lot of money in the past, and I always felt very sorry about that. I also never had the time to take on a part-time job because I often had to help my mother. And that sucks when you’re a teenager. I wanted to have a can of energy drink and eat fast food like everyone else,” laughs Lesley.
Lesley got his first job at the age of 16. “Because I was used to such a low standard of living, I thought it to be a shame to spend money randomly, so I saved everything. But then again, no one is happy with the current interest in savings, so I started looking for ways to turn those savings into more money. And that is how I came into contact with investing and day trading.”
The first year, Lesley manages to make €50,000 from his original investment of €5,000. A great result. “Every week, I spend about eight hours buying and selling myself, and this was the result.” But Lesley didn’t acquire all this knowledge in one sitting. “You have to get into it,” he says, “you can learn about investing. Watch videos, read blogs, follow webinars. Everything is possible. But you have to want it.”
Once he made his first €10,000 profit, it was hard not to spend these profits. “But when I’d realize that I can make more money if I don’t buy a pair of sneakers, those sneakers suddenly seem a lot less important.”
Lesley’s goal is to be a millionaire by his thirtieth birthday and to be able to live off his investments. “At the moment, I invest 20% of my income, so if my income increases, I want to keep this percentage. I see investing as a “fixed expense” that returns every month. And it is by looking at it in this way that you can see your money grow.”
“If I can pay myself 8% of my fund in the future, I think I will have a good life. The rest of that fund just has to keep growing. That way, I may also be able to provide my future children with a good start.”
There is no such thing as risk-free trading. It is possible to lose (part of) your stake.