Trading and profiting from the financial markets were once the preserve of professional traders and big financial institutions. Since the advent of the internet and the advancement of technology, trading has been opened up to anyone with a smartphone and internet connection.
Recently, the trend has shifted from trading traditional forex and CFD’s to trading digital currencies. The extreme volatility in trading digital currencies like Bitcoin, although not for the faint-hearted, has the ability to generate fast and high profits. One such app that trades bitcoin, with a claimed high-profit ratio, is the bitcoin era app.
Bitcoin Era is a trading app that is essentially a robot that trades for you. The robot is built using a series of computer algorithms designed exclusively to execute trading strategies that have been devised by professional traders with years of trading experience.
Due to the high volatility in trading Bitcoin (BTC), time is often very much of the essence. Automated trading helps you minimize the manual tasks involved in trading a digital currency like Bitcoin, including the analysis of market data crypto news, the actual buying and selling and the countless time spent monitoring your position and other market information.
Although Bitcoin Era is a trading app, it is basically a website with both mobile and desktop compatibility. It works by amalgamating a series of programmed conditions to generate a signal to buy, sell, place and cancel orders automatically on a brokers platform.
Automation Means Less Human Errors or Delays
No human element is required in making the trade, which has the potential of eliminating delays and errors caused by human actions.
By taking out the human element, the robot trades directly to the broker platform without emotion or sentiment. It doesn’t get emotionally attached to losing trades or get carried away with big wins, which can be the downfall of many a trader and could explain the high-profit ratio claimed on their website.
Deposits start from $250. To find out more, read a more comprehensive Bitcoin Era review.