My Personal Experience in Using Bibit

 

Hello friends

I want to tell my personal experience, in using the Bibit application.

    Bibit is a mutual fund investment application. Bibit is divided into 3 instruments such as money markets, bonds, and stocks. each of these instruments has investment management to manage our money. Money market instruments are usually used for short-term investments, usually 1-2 years because money market instruments have a very small risk but the profit is also small, Bonds for medium-term investments, around 3-5 years, because the withdrawal instrument has a bigger risk than the market money but the profit is also greater. While stocks are usually for long-term investments, around 5-10 years, because stocks have a large risk and also a large return. 

    In my opinion, the advantage of Bibit is that there is a mutual fund investment advisor robo, this feature is for investment management recommendations that are suitable for achieving our investment goals, this feature is very helpful for beginners.  My experience is using the bibit application for 5 months, at first using bibit for fun, trying to invest in some of  my assets, at the beginning of use I got a loss of  about 1% - 4% because I didn't use a strategy in investing, after learning from my mistakes I tried learn about mutual funds and other investment instruments.