Recently I start invest on twino platform. Gradually I increase the amount invested and I would like to know if it´s wise to invest in short period loans like 1 - 12 months. Also if the manual invest or Auto reinvest is more profitable.
Unfortunately, unlike stock, so-called investment in Peer-to-peer lending has no collateral guarantee when shit hits the fan.
Since you mentioned Twino, it is a Lativia P2P loan platform.
Currently, the most active investors in Latvia’s peer-to-peer lending platforms are residents of Germany, Great Britain, and Estonia.
Bear in mind that, collection of P2P loan is never simple tasks. Compare to the credit card issuers that already earn a 1%~1.5% margin from the sales transaction, P2P income solely depends on the debtor willingness to pay back and how the platform controls the operating cost. On the other hand, EU low-interest loan rates mean only people with high-risk default probabilities will resort to P2P, thus a downward spiral to P2P business. If these are not enough to put-off you interest on P2P, you can check out Twino financial audits report.