With BOTS, the user ‘’invests’’ in bots. It works as follows:
The user chooses a bot that fits his/her preferences based on indicators such as risk, return, and specific cryptocurrency. Each bot in the BOTS app has to perform 1% better than a 'buy and hold' strategy in the testing period. 'Buy and hold' strategy means that you buy some shares from a broker and you keep these for a long period. The bots do all the work by using algorithms, and these algorithms ensure that the bots operate within the limits of this strategy. These bots are created by BOTS creators, these are experts in trading. The app BOTS does not create bots, but offers its platform.
Investigating bots
Step 1: Start the BOTS app.
Step 2: Click on bots.
Step 3: Scroll through the bots and click on a bot for more information.
Step 4: Click on the graph to see data per year, month, week, day or hour.
Step 5: Scroll down to see information such as type, market, ROI, and risk level.
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