Famous business magnate, founder of Microsoft and investor - Bill Gates with a cult-like following has invested enormous amount - $2,000,000,000 ( or 2 billion US dollars ) of his personal wealth in a tech startup called Reffeed. He believes the technology this company has created has the potential to shake the worlds economy more than the industrial revolution ever did. With this major investment Bill now controls majority of shares in Reffeed. So what is this Reffeed?
Reffeed is a software that plugs into all social networks like Facebook, Twitter, Instagram, YouTube, LinkedIn, Reddit, VK, Tumblr, Pintrest, Myspace and more. Then they gather all the data - everything people are posting, sharing, saying and analyses it to determine if what they are saying is Positive or Negative. Whats the point you might ask? The point is to filter out only topics related to big publicly traded companies. And once you do that, you can determine if a company's stock is going to Fall or Rise!
Imagine recent public event of United Airlines. Reffeed was able to notice the negative trend relating United Airlines on Social media and shorted the UA stock, profiting 15,922,551.98$ for it’s users. This is just one example, but there are more less noticeable trends happening every day and Reffeed notices them automatically, so you don’t have to, and then they trade a stock accordingly, so you don’t have to. Result is over 87% successful trades which is more than any Wall Street trader has ever managed.
Can you tell us how Reffeed works?
Reffeed works like a team of spies. We have millions of automated robots that go on social media and gather real-time data - posts, images, text, videos and anything else people are publicly saying. Then we analyse all this data, looking for topics related to any publicly traded companies. Once we have a certain trending topic related to a big company, we analyse if the trend is Positive or Negative. If the trend is positive, we bet on the stock to rise, if the trend is negative - we bet on the stock to fall. It’s that simple.
How often does Reffeed make a mistake?
Not that often at all. What people are saying on Social media is real, it’s there and it’s true, so we rarely make a mistake. We are still in Beta stage of our software, but it’s already showing over 87% successful trades. This means that out of 100 trades Reffeed makes automatically, 87 will be profitable.
How much money can a regular user of Reffeed make?
It depends a lot on the money they invest and the broker they work with. Let’s take the regular user who starts with 500$ and bets 20$ per trade. Over 24 hours Reffeed will make around 200 trades based on trends on Social media. Around 174 of the trades will be profitable, and 26 will not. This means user will win approximately 3,480$ and lose around 520$. Evening out to 2,960$ profit in a single day. There are some small commissions added by the broker, but it’s usually less than 2%.