It should be noted that you should not invest money that you cannot lose, this has a risk, that is why the profits or losses are high.
If you are one of the people who invest in fixed terms, the risk is almost zero, this is not the same.
The stock market seems very non-volatile compared to this.
I started in the world of stocks, but seeing that the volatility of cryptocurrencies is very high, the risk is higher and their profits or losses are higher, in addition to stocks, I invest in cryptocurrencies.
But I know what I’m getting into, I’ve already lost $1000 dollars in 10 minutes.
The platform I’m going to show you is called Algosone.
You can’t transfer money directly to Algosone from the bank
algosone accepts cryptocurrencies from a cryptocurrency network, Be careful: if the network is wrong you can lose all your cryptocurrencies and there is no one to support you.
for example BNB uses the BINANCE network, and charges you a commission in percentages %.
That is, we must first transform our money into crypto in an exchange
then transfer our cryptocurrencies to algosone through a cryptocurrency network.
algosone also charges you a commission in percentages %, find out.
I have recovered more than I paid in commissions in Algosone in 2 weeks.
I think the commissions are similar to any exchange in the crypto world.
An important difference is between “broker” and “exchange”.
A broker trades primarily in stocks, handling a fiat currency such as the dollar and they will charge you a commission in that fiat currency.
while an exchange trades (buy/sell) cryptocurrency exchange and the commission is charged to you in cryptocurrency.
In both cases you are trading with another real person, the market is pure democracy, prices are set by people.
It is also important for you to know that price variations have their causes. When something is bought in bulk, the price goes up and it is worth more, while when something is sold in bulk, the price goes down.
and something similar to inflation happens, when they issue shares the price goes down, with cryptocurrencies, less is issued until it stops being issued, that is why they are worth more and more.
Inflation is the same, but with fiduciary currency of that country like the dollar.
What happens with inflation is that you have more fiat currency, to buy things that have the same value as each other.
then its value in fiat currency must be updated, being worth more fiat currency value.
What happens here implicitly is that the value of the fiduciary currency decreased and the value of the other objects remains the same and must be updated with a greater amount of fiduciary currency, but it is still worth the same.
Someone who has never invested in stocks or cryptocurrencies believes that things are worth the sum of their parts. This is not the case. They are worth what the market is willing to pay.
I think that someone who does not understand the market does not know the reason for the value of things and the concept of inflation, needless to say, he has never invested in stocks or cryptocurrencies, he does not understand basic concepts.
In Argentina you transfer money to a bank with the alias or CBU of the account, which is like an address that identifies the account.
Cryptocurrencies are transferred through an address that identifies the cryptocurrency network.
Each cryptocurrency has its own network, you cannot transfer any cryptocurrency on any network.
In Argentina I buy cryptocurrencies through Buenbit, it accepts fiduciary money from a country and can be converted to a crypto.
Then I withdraw the cryptos to algosone through a cryptocurrency network.
In Algosone, first you have a balance, you must transfer it to the operations balance.
For the investment to be made automatically you must choose a high-yield plan.
Trading cryptocurrencies with a well-made AI like Algosone almost always leads to profits, although some days we can lose.
Although there are losses on some days, the overall balance is positive.
These are my balances in the last week:
operations:
- auto: means it does everything automatically, I do nothing.
- 1 click: is that you must manually confirm whether the purchase and sale operation is carried out
- Referral: This is earnings when you recommend the app with a specific link and that person creates an account, the platform pays you for it.
- Dividend: It is when after 3 or 4 months the company rewards you by giving you money, it is very little, I don’t know if it happens with cryptocurrencies, but it is a common practice.I think algosone has investments in both cryptocurrencies and stocks.
- all: shows the 4 operations mentioned previously
- Algosone’s IA looks for investments, when to buy an instrument and when to sell it.
images that I think are important:
algosone looking for an investment:
risk profile:
details of the day’s operations:
Closed operations and their type:
operations per day:
levels or tiers in algosone:
As we see, after level 2, the amount of automatic operations carried out by the AI increases.
I understand that points are how much money you have invested in the platform in dollars.
With the concepts I taught you, you can invest in any platform that charges less commission.
In Algosone after a while the session closes by itself, on the web.
You can log in with a Google account.
algosone seems like a reliable platform to me, it even has apps for android and ios.
I have it installed on my cell phone and tablet and it works well, I haven’t tried it on an Android yet.