Why You Should Start Investing in Snapbots During Covid Times
Bitcoin’s value had risen around 30% in the last 3 weeks, pulling it close to its December 2017 all-time high. Will a new record be created in the coming weeks? With many banks and businesses collapsing due to the pandemic, people have started to shift their focus towards an approach where they can hold their money without a governing central party-Cryptocurrency.
The price of cryptocurrencies, more often than not, stems from human emotions. Financial stimulus, in addition to huge baits like DeFi and smart contracts, have made it irresistible to many people who are trying to make ends meet or hoping to prosper in these times of crisis.
Furthermore, with even more people suffering from unemployment and bankruptcy, the cryptocurrency industry has also received approval from many governments to help ‘save’ their citizens. Recently, big industrial names such as PayPal and Mastercard have allowed transactions through cryptocurrency, further solidifying the position the cryptocurrency industry has in this society.
Yes, Covid-19 has been a disaster for many retailers and business owners, and has caused catastrophic results for many countries around the world. However, one man’s loss is another man’s gain, one huge silver lining in this situation is precisely the rise of cryptocurrency. Regardless of the situation, I am certain many are still too hesitant to jump on the Bandwagon. Why?
The cryptocurrency world is harder than what it seems on the surface, especially in the technological era we are living in. New streams of data come in practically every second, making an absolute mess out of the market. To truly be able to flourish in the cryptocurrency world, time and effort is an absolute must. With so many big things occurring at the same time around the world, any minuscule event may cause the value of a cryptocurrency to fall or rise instantaneously. In addition, technology has improved our communications capabilities, further hastening this process. As traders, one has to grasp the opportunity as soon as possible to either minimise loss or maximise profit. This is one of the greatest flaws in the global market, regardless it being stocks or cryptocurrency. The global market runs 24/7, which means one has to be on constant standby throughout the day, which is practically impossible. Technology has driven us up against the wall, what can we do about it?
The answer is Artificial Intelligence(AI). With AI, one can ‘work’ 24/7, creating endless opportunities for one to get a hold of, and frees up much time for individuals. When one door closes, another opens. Technology may have limited human capabilities in this advancing world, but it has also given us an opportunity to utilise these greater technological capabilities for our own. Snapbots have created a platform for users to harness these AI prowess. Snapbots’ AI bots are able to analyse large amounts of data and identify trends. Furthermore, they can initiate auto-investment, allowing one to earn regardless of where and when.
Snapbots is able to trade with 119 different cryptocurrencies up to date, with popular currencies like Bitcoin(BTC), Ethereum(ETH) and Litecoin(LTC). Furthermore, Snapbots provides a wide range of bots with various functions that can help you not only in financing, but also in aspects such as career and coaching. Snapbots is the world’s first AI-decentralised bots market, and aims to provide everyone with cutting-edge AI technology to boost oneself, regardless of background. With the recent rise of Staking, Snapbots has also started its own staking programme, allowing users to place cryptocurrencies in a wallet and choosing one of the three strategies: Cradle, Ayers and Silk. With this programme, users can earn passive income by doing practically nothing, and is a great incentive for both novices and experts in the cryptocurrency industry. Of course, not everyone in the world is able to accept AI just yet. Despite AI being revolutionary technology, one cannot help but doubt AI’s capabilities and reliability.
Since many still fear to leave their money in the hands of robots, Snapbots has proposed an alternate solution to the prior problem. Even though AI may not seem to be able to execute auto-investment reliably to some just yet, there are still many capabilities AI has that can assist users greatly. One key ability would be the competent data analytical skills of AI. As much as people may detest AI, it is inevitable AI will become a key in future prospects. With so much data today, many will require AI’s help to decipher the data and break it up to smaller bits and pieces. Snapbots’ AI bots are able to analyse vast amounts of data, identify key patterns, and report it to users in a comprehensible way within a short amount of time. Users are then able to harness this data to their advantage, and use it to predict potential breakouts or reversals.
Technology will play a huge part in the future global market. Snapbots will be an essential tool for you to dive into the world of cryptocurrency, and ride the waves of the rising industry.
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About Snapbots (by Snap Innovations)
SnapBots develop a community to buy or build financial Bots and humans that seek to maintain a self-sustaining Bot economy. SnapBots can leverage from the human community to crowdsourcing their knowledge for certain situations. The crowdsourcing activities help the Bots to learn extremely fast, optimize conditions and generate solutions.
SNAP is short for SnapBots Token based on Ethereum and that is used in SnapBots blockchain-based AI bots’ economy.
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