Blog Post

Introducing Botsfolio: A Trading Bot Focusing on User Convenience

Wayne Jones • Mar 14, 2021

Bitcoin has been surging in prices in the past few months, doubling and even tripling in price to over $57k. The second-largest crypto asset, Ethereum, is also enjoying significant price increases. It's no doubt that crypto is one of the best investments of the 21st century.


However, many investors have been reluctant to invest due to the past crypto volatility cases. Others are ready to invest but lack the expertise on the best investment strategies.


Moreover, another investment challenge is timing. Most people cannot predict the best time to join and exit a market and thus end up making mistakes costing thousands of dollars.


Recently, there has been the development of crypto trading bots, which aid users maximize their incomes by avoiding human emotion in investment decision making. These platforms have been designed with autonomous features that study the markets, understand the assets' intrinsic values, and buy the assets at the lowest values possible.


One such platform is Botsfolio. What is Botsfolio, how does it work, and how does it differ from its competitors? Keep reading to find out more.


Botsfolio Overview

Botsfolio is a leading crypto trading bot, designed to provide simplicity and convenience to new and experienced crypto traders. This bot aims to ensure that its users benefit highly from the strategies used in trading and crypto investing. Currently, the platform focuses on Binance traders only.


Botsfolio has autonomous analytical tools that help notice the best time to purchase an asset and the best time to leave the market. It has 24/7 market access; thus, it can monitor it, identify price changes, buy at low prices, and sell high. Using the bot works better than holding assets, which may lead to losses in the long run.


What's Unique About Botsfolio? 

AI with skills of professional hedge fund manager

There are currently over a dozen crypto trading bots, all promising investors short and long-term profits. But what distinguishes Botsfolio from other peers?


Trading bots were created to provide simplicity for users. However, today's trading bots require the user to create an investment strategy which they have to configure again and again. Most investors have little to no knowledge of how to code or trade. Most pre-made bots focus only on trading one pair with some strategy which generally fails after a few months. So, this is  an entry barrier to beginners interested in bots.


Botsfolio, however, sets out to be the best crypto trading bot for Binance traders, with no trading or coding  requirements. They execute multiple strategies to give users a diverse portfolio which can perform even when markets change direction. This network is utterly autonomous; hence, an investor does not select a portfolio or investment strategy.


When signing up, the investor takes a risk assessment quiz, which helps design the best automated strategy based on the users risk allowance. The artificial intelligence systems manages the portfolio professionally, just like a hedge fund manager. 

In the Botsfolio platform, even users with no crypto knowledge can benefit from investing in crypto. A user only needs to invest and watch as the bots complete the trades to increase their portfolio.


Investment Security in Botsfolio

Many crypto  platforms, exchanges and other trading bots store your assets in wallets which can be easily hacked. The even bigger problem is that these platforms use custodial systems to store your assets and control how and when you use them. In most instances, you are required to produce a verifying party for a withdrawal to go through. 


Botsfolio however, does not store nor restrict the access of your funds. Once your strategies are set, Botsfolio will only trade directly from your crypto exchange. You will remain fully in control of your assets and accounts and can choose to withdraw anytime or reinvest the income. 


The APIs  connecting your Botsfolio to Binance are also encrypted thus restricting the access of your exchange account. Clearly, Botfolio ensures that your assets and investments remain safely with you. 

 

How to Start Using Botsfolio

Since the platform is made with consideration of beginner crypto investors, the steps are utterly simple. Here is how to set up Botsfolio bots;

  • Sign up for the services. The sign-up icon is found in the home page dashboard. You will fill out a few details like email and password to create your account.
  • Secondly, you need to set your investment goal to allow the bots to make an investment strategy. You will respond to a few questions on what you need from your investment. 
  • Connect to your Binance exchange account- Since this platform supports Binance only, you need to link the Binance account. However, they recommend that you set up an independent account that solely focuses on bot trading, so you avoid manual trades. Using Botsfolio on Binance earns you a 10% discount on the trading fee.
  • You have to fund your Binance account and, finally, leave the bots to do the trading for you.


Botsfolio Portfolio Strategies

Botsfolio creates a trading strategy based on your response to the questions asked. This strategy is based on your attitude towards the length of your investment, the type of long-term earning, etc. There are currently four strategies;

Value Investment Strategy

In value investing, 80% of your investment is allocated to high-performing assets, while the inferior bit is invested in upcoming or growing industries. The bots buy assets at a price lower than the intrinsic value. Determination of the intrinsic value is not easy.


However, Botsfolio instills autonomous models helping determine the intrinsic value of the coins. Also, the platform has systems to monitor the price drops. For the value investing strategy to work effectively, you have to invest your assets for an extended period. The risk involved in value investing is moderate.


Hedged Trading Strategy

Hedged trading involves mixing spots(80%) and futures(20%), thus mitigating risks and increasing investment return. The risk level in hedged trading is moderate.


The Botsfolio leverages a strategy dubbed straddle, a neutral point involving a long spot trade and a short futures trade. This strategy may seem not profitable in the short run, but as time moves and the direction of the market is clear, the bots will keep the profitable trades open.


The strategy has medium risks and has the potential to bring extremely high returns.

Futures Trading

Futures trading is a strategy where 100% of the wealth is allocated to futures. Here, the risks involved are incredibly high, but the potential for returns is excellent.

Botsfolio leverages a mix of the strategies below to ensure success in futures trading;

  • Swing trading on the price movements
  • Trading by looking at the trends
  • Scalping to gain small gains several times daily


Investing for Fixed Income

Botsfolio provides a savings account allowing the users to earn interests at the rate of 6% to 8% p.a by using USDT as collateral. The savings account on Botsfolio carries the following two benefits;

  • Fixed-income returns- Since the assets are locked in accounts for a while, they will earn a fixed income.
  • US dollar inflation advantage- The USD-backed stable coins will be subject to the USD's inflation rate. Since USD inflation is always lower than almost all other fiats, your assets locked will appreciate the value of the inflation difference between the USD and your base currency. (appreciation =Inflation Fiat X- Inflation USD)


Pricing in Botsfolio

Botsfolio has three of the best pricing options in the market depending on your portfolio value;

  • For a value between $1k-$3k, it charges $5 a month.
  • $3k-$10k, $10 a month
  • $10k-$50k, $15 monthly

All the above are subject to a 15% performance fee charged quarterly. You can make the payment using Ethereum, Bitcoin, Litecoin, and Bitcoin Cash.


Benefits of Using Botsfolio

One of the benefits of using this platform is an investor does not have to be looking at the platform 24/7. You access professional strategies most common in investment banks. Additionally,  you won't spend time configuring or managing your investments, since the bots are designed for that. 


Leveraging multiple strategies in investing also is another benefit of Botsfolio. That helps mitigate the risks and increase the outcome.


Additionally, Botsfolio gives you growth updates on your portfolio. You can easily track the performance on the dashboard.


Final Word

The Botsfolio platform is a classy trading bot providing full automation to help all investors maximize their income. Unlike in many other trading bots, using Botsfolio does not require any expert investment knowledge; even a beginner can easily invest and generate good yields.


The platform leverages strategies like value investing, hedged trading, futures trading, and fixed income investments to ensure that every investor, be it risk-ready or risk-averse, can benefit. Moreover, the pricing is quite fair since there are different pricing options for various value investors.


Due to Botsfolio's release, investing in crypto is relatively easy, and the returns are excellent. As experts are already predicting, crypto assets like Ethereum and Bitcoin have high prospects. Be ready for future crypto disruptions by signing up for Botsfolio's services to enjoy long-term returns. 

Source: Crypto Adventure

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Leetah Launches Presale Phase for LEET Tokens Eyeing $5 Million Soft Cap

By Press Release • 09 May, 2024
The Leetah project has officially launched its presale phase for the platform's native token, LEET. The project takes inspiration from the term "Leet" ("elite") and the features of a cheetah in a fun crypto twist. With a 5-phased roadmap, this new meme coin has a serious design that wants to bring value to its community. The ongoing presale phase aims to raise a soft cap of $5 million, a new important milestone for the project.  Leetah's Presale and Engagement Opportunities The project's presale will start at an initial price of $0.0065 for each LEET token. The team plans to leave the presale open until investors buy all allocated tokens. Specifically, with a total supply of 1,337 billion tokens, the presale will allocate 35% of this amount. Another 25% will let the team develop the project through its roadmap. LEET will go live through a decentralized exchange (DEX), for which the team allocated 30% of the token supply. The remaining 20% will cover marketing expenses (10%), airdrops (5%), and affiliates benefits (5%). The project will also feature a "Refer and Earn" program. The initiative will allow participants to earn additional LEET tokens by referring friends and family to the presale. With a 10% reward on their referrals' purchases in USDT, this program incentivizes active promotion and engagement within the community. Multi-Chain Launch Plans Leetah aims to launch on multiple blockchain platforms, including Ethereum, BNB Chain, and Solana. This approach will not only promote accessibility for investors but also set the foundation for potential expansion in the future. The project has already gained traction within select alpha communities with its unique presale strategy and innovative features. Specifically, this project's plans feature five different phases: Phase 1 (or "LeeTah is born") involves launching social channels and the website, followed by the presale phase. Phase 2 ("LeeTah grows") focuses on community building and marketing initiatives while passing a contract audit for security purposes. Phase 3 ("LeeTah roars") will see an increase in marketing efforts and community contests. At this stage, the team also expects to conclude the presale phase. Phase 4 ("LeeTah sprints") will mark the launch of Leetah's NFT collection and its listing on CoinGecko and CoinMarketCap. Finally, Phase 5 ("LeeTah Feeds") will involve the project's listing on major centralized exchanges and the launch of LEET TOOLS. About Leetah Leetah is a project driven by experienced developers to implement and test cutting-edge technologies in blockchain and digital token offerings. The project aims to be a leading name in Web3, pushing boundaries for investors and cryptocurrency enthusiasts worldwide. The ongoing presale phase for its native token, LEET, aims to raise a soft cap of $5 million. Leetah plans to launch on multiple blockchain platforms and has an ambitious roadmap featuring 5 phases of development. With its unique concept and strong team, Leetah wants to leave its mark in the Web3 sector. Anyone curious about Leetah and the LEET token can visit the project's website . The social media pages below frequently share news on Leetah's developments. X (Twitter) | Telegram

NOWPayments Enables Cryptocurrency Purchases of Tangem Wallets: Expanding Payment Options with BTC, ETH, USDC, and More

By Press Release • 09 May, 2024
NOWPayments, a leading crypto payment gateway , is proud to announce a strategic partnership with Tangem, the world’s leading provider of secure and easy-to-use hardware crypto wallets. This collaboration is set to revolutionize the way customers engage with digital currencies by enabling the purchase of Tangem wallets using a broad spectrum of cryptocurrencies. Responding to substantial customer demand within the Tangem community, this partnership facilitates the ability to purchase hardware wallets directly with cryptocurrency, providing a much-needed solution for enhanced transaction convenience and security. Through this initiative, customers have the opportunity to acquire Tangem wallets using a diverse range of digital currencies, including BTC, ETH, USDT, USDC, XRP, APE, SOL, TRX, MATIC, ADA, ALGO, LTC, DOGE, BCH, SHIB, DAI, and KAS. This not only meets consumer expectations for seamless transactions but also boosts the utility and adoption of these cryptocurrencies in everyday purchases.  Furthermore, this partnership significantly benefits our blockchain partners by increasing the transactional use and visibility of their tokens, thereby strengthening their position in the global crypto market. Tangem AG is a Swiss technology company known for its remarkably simple and secure self-custodial hardware wallet. The Tangem Wallet, the size of a standard bank card, enables users to securely store, buy, swap,, transfer, and manage thousands of cryptocurrencies anywhere and anytime, while being the only owner of your private keys. Tangem is redefining the wallet experience by delivering top-level security, simplicity and accessibility. “Our partnership with NOWPayments marks a significant milestone for Tangem, as we continue to evolve and adapt to the changing landscape of digital payments. Being able to accept payments in crypto not only expands our reach but also aligns perfectly with our mission to simplify and promote the use of cryptocurrency in everyday transactions. It underscores our commitment to innovation and customer-centric solutions, enabling us to better serve our community and partners while driving forward the broader adoption of digital assets”. NOWPayments and Tangem are committed to continuously developing and refining the infrastructure that supports digital currency transactions. This collaborative effort is a testament to our shared dedication to promoting a more inclusive and efficient financial ecosystem. About Tangem Tangem is a leading Swiss-based provider of secure hardware wallet solutions designed for the safekeeping and management of digital assets. Its mission is to empower individuals to take control of their digital wealth, with an emphasis on security, ease of use, and flexibility. Tangem's innovative products have garnered significant interest from investors and customers alike, driving the company's continued growth and success. For more information, visit the website . Follow Tangem’s latest news on X (Twitter) , Telegram , Discord , YouTube , Instagram , and LinkedIn . About NOWPayments NOWPayments is the leading cryptocurrency payment gateway offering support for over 300 digital currencies, enabling businesses and individuals to accept crypto payments with ease. The platform stands out in the market with its low transaction fee of only 0.5%, the lowest fee on the market. Clients can directly withdraw euros to their bank accounts, enhancing the convenience and usability of the service. Each account benefits from personalized attention through a dedicated account manager and round-the-clock support, ensuring a smooth and responsive user experience. With NOWPayments, embracing the power of cryptocurrencies has never been easier or more accessible. For more information, visit the website . Follow Tangem’s latest news on X (Twitter) .

Galaxis Unleashed: The Highly Anticipated Token Launch on Bybit

By Press Release • 09 May, 2024
On the 10th of May 2024 at 10AM UTC, Galaxis, a Swiss-based Web3 platform, is set to announce its initial token launch, which will be accessible through the Bybit exchange platform. Galaxis is a platform designed to empower creators and brands to build and manage their communities, ensuring that once a community is established, it remains under the sole ownership of its creator and members. Along the journey, partnerships with high-profile individuals like DJ Steve Aoki, actor Val Kilmer, and NBA personality LaMelo Ball have been established. Over the past few years, more than 225,000 NFTs have been sold, generating over 32,000 ETH ($100 million) in secondary sales of NFTs. Now, the focus is on mass distribution. CEO and co-founder Andras Kristof, who also installed the first Bitcoin ATMs in Singapore, shares some exciting news: "The next step includes supercharging the ecosystem with our $1M dollar Creator Grants programs, the CoinMarketCap Incubation, and many other exciting opportunities where both creators and members get paid. All this is happening on the Galaxis Platform, which is launching soon.” Galaxis, as a post-hype NFT utility platform, believes that this new technology will transcend the hype and bring real value to all industries beyond Web3. 

MAOCAT Successfully Raises Presale Funds, Bringing Back the Memecoin Hype

By Press Release • 09 May, 2024
The team working at MAOCAT has recently acknowledged the great success of the project's presale fundraising round. With this operation, they have managed to raise a significant amount and attract the attention of investors and meme fans. The project's diverse ecosystem, featuring staking, farming, launchpad, and NFT marketplace functionalities, is proving appealing. With many memecoins failing to gain traction in the presale stage , MAOCAT is already standing out in this sector. A Rare Successful Presale Story Crypto enthusiasts know that presales are a crucial phase for any project, where success is elusive. While many projects have not even managed to survive the presale phase, MAOCAT has already managed to raise over $300,000. This means that the team has already allocated more than half of the available tokens for the presale. The presale token quantity stands at 3,000,000,000 tokens, while the total supply is 5,000,000,000 MAOCAT tokens. This means the team reserved 60% of the total supply (3,000,000,000 tokens) for the presale allocation. The remaining 40% will help fund future initiatives and ecosystem development for MAOCAT.  The presale will follow a gradual increase in token price, from $0.0015 per token in Phase 1 to $0.003 per token in later phases, with a selling quantity of 300,000,000 tokens per phase. The project also has a clear taxation structure: Marketing Tax: 3% Liquidity Pool (LP) Tax: 3% Development Tax: 2% Buy and Sell Taxes: 0% This taxation structure aims to ensure the project's long-term sustainability and growth. MAOCAT has already shown itself as a rare success story in presales, as its numbers are showing. Building a Diversified Ecosystem with MAOCAT The project's ecosystem relies on various innovative features to provide a diverse and profitable experience. MAO CAT offers NFT minting, farming, launchpad, and a marketplace for trading and collecting. These features allow users to participate in the fast-growing NFT market and earn from their investments. Additionally, the project's fixed staking feature provides stability and rewards for holders of $MAO. Future updates will also include the ability to launch tokens through the IDO process and acquire MAO CAT NFTs. With a diverse ecosystem, MAOCAT aims to capture various market segments and continue growing in popularity and value. The rarity tiers of the 10,000 MAO CAT NFT collection offer unique benefits for holders. Moreover, the project plans to fairly mint and reveal these NFTs through different methods. With MAOCAT, users can benefit from owning rare and legendary NFTs while supporting the growth of the underlying project. About MAOCAT Derived from the Chinese word "máo," MAOCAT is an Ethereum-based memecoin that has gained popularity worldwide. Thanks to its unique features and capabilities, MAOCAT aims to create a robust blockchain ecosystem with a strong community. This team's idea is to enter a market where dog-themed memecoins are prevailing and bring something fresh to the table. An early adopter of the project can easily participate in the presale on the Ethereum chain. In order to do so, one only needs to connect a wallet to the presale purchase window and send ETH. With over $300,000 already raised in the presale round, MAOCAT has shown how serious it is about its vision. The project's official website and whitepaper represent an easy-to-read, simple suite of information for any crypto enthusiasts. Furthermore, MAOCAT's social pages constantly update the community on new developments and milestones. X (Twitter) | Telegram | Instagram | YouTube
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