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Author Topic: Here Is Why I Switched To Full-Time Auto Trading Using Algowave  (Read 76 times)
Jakein (OP)
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December 13, 2020, 04:54:20 PM
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Why I Switched to an automatic robot?

For the longest time, I have been analyzing the markets, entering, and monitoring my trades manually. Well, with the help of the limited and not-so-effective automation tools provided by the different crypto exchanges. However, I recently corrected this and shifted to automated crypto-trading after bumping into Algowave. It is now two months, and this shift goes down as one of the best crypto trading decision I ever made.
Why did I make the switch in the first place?
Granted, I have always understood the benefits of auto trading over manual trading. For instance, automated trades are more accurate, and bots can trade around the clock. They are also pretty fast in analyzing, executing, and closing a trade.
The automated trading robots available today, especially Algowave, are also AI-powered, and this makes them even more accurate and faster in analyzing and closing trades, hence the overwhelming profitability. And since I am still holding a 9-5 job, I knew trusting an AI-powered specialist bot with my crypto portfolio would be relieving.
So why didn’t I do it early on? Two reasons; reliability and cost factor.
Given the huge number of perceived crypto trading bots available today, finding the most reliable and most accurate bot was always going to be hard. And it is even harder when most of them work so hard to conceal the identity of their parent companies or their developer experience.
Most will also insist on charging exploitative trading fees and portfolio management costs. They will also charge you upfront or deduct it from your portfolio at the end of the month, regardless of whether the bot made you profit or lost your money.
Most of these auto-trading bots will also maintain an absolute grip over your digital portfolio. They also have unnecessarily lengthy and costly exit strategies.
What changed with Algowave?
For starters, I liked their commitment to transparency, both about the company behind the algorithmic trading tool and the cost of the bot. Note that unlike most algorithmic bots that either charge exorbitantly high acquisition costs or maintain unclear trading fees, Algowave will only ask for a share of the profits.
The Algowave trading robot doesn’t maintain fixed portfolio administration fees or bot subscription costs. Rather, it only asks that you split (50/50) the profits made from utilizing their platform. Interestingly, and unlike most other bots, it lets you maintain absolute control over your digital assets, whereby the bot cannot draw funds from your account. They trust you to forward them their 50% share of the earned profits at the end of every month.
Maintaining absolute control over the digital asset also means that you can pause the automated trades and delink the bot from your account at any time. No questions asked.

How is the going – 2 months in?

Well, it has been two months of more trades, higher accuracy in trade execution, an expanded portfolio, and a significant boost in profitability.
For instance, my Algowave robot helped expand my crypto portfolio by 2% within the first two weeks of integrating the bot into my trades. Today, this stands well above 20%.
To a large extent, I credit this to the highly accurate trades entered into by Algowave. Similarly, the bot’s ability to enter into as many trades throughout the day can be attributed to the sharp increase in my crypto trading account's profitability. In the last two months, for instance, the bot has averaged 600 trades per month – about 20 trades daily.
Going forward
The last two months have taught me that it is possible to earn passively from crypto trading. That there still exist reliable automated trading bots. And I intend to count on Algowave to continue growing my crypto portfolio and earning me real passive income.

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