This is a sponsored article provided by World Markets.
Looking for the next best thing to invest in is difficult — sometimes you get in too late and miss the opportunity of a lifetime. Trading in the cryptocurrency market can be extremely profitable if done correctly, but it requires a deep understanding of the market you’re in.
One of the most exciting and yet difficult things that the crypto market has to offer is its volatility. This same factor has made people millionaires but has also cost others a fortune. Knowing when to buy, HODL or sell bitcoin is not an easy decision, and panic can always leave you confused and forced to execute a buy/sell order that you did not mean to. The reality remains: Once you set that order and it’s filled, there’s no going back.
How to Trade Smart?
If you want to invest but lack the knowledge to do so, the answer is simple: Get a managed trading account. Hire the services of a professional to help you build a profitable bitcoin portfolio that can multiply your money. Many brokerage and investment firms offer investment accounts, where they do all of the trading for you. This simplifies the process and requires minimum knowledge. Unfortunately, it cannot be all good news. This service comes with associated fees, intermediaries, platform fees, maintenance fees, management fees and so on.
But what if there was a way to cut down some of these fees?
There are some companies like World Markets that have built trading bots based on artificial intelligence (AI). These bots imitate the thinking of a financial analyst who collects and processes data.