As always, there are always those who see it first and anticipate. Or they are simply more cautious or memorable. In recent days, the deterioration of the economy had accelerated to the point that many small savers took their money from the banks. But many others directly turned their dollars abroad from their cell phone in fear of the worst case scenario.This Sunday, the Government ordered the restriction of the transfer of foreign currency abroad beyond US $ 10,000, as well as the purchase of tickets that exceed that amount (above that limit, authorization must be requested from the Central Bank), although he clarified that all the deposits in that currency of the banks can be withdrawn.The applications to invest online were without respiropcisely following the requests of those who sought to take their money from the country in search of refuge from the fragility of the local market: rise of the dollar of 30% in a week, fall of more than 60% between the leading roles of the Buenos Aires stock exchange and a country risk that catapulted above 2,500 points in record time.Faced with this collapse of Argentine assets, Fintech have had to deal with an explosive increase in traffic that tested their systems, an incessant bombardment of queries for which they are not equipped and now a wave of account openings abroad. as a last refuge before a debacle that seems to precipitate.Basically, those responsible for these platforms to invest from the cell phone, from very small amounts, describe three patterns of behavior in users in this post-STEP era:- The migration to common funds in dollars that "gambetean" the local risk (like those that bet on Latin American, sovereign or corporate bonds)- The dollarization of the entire portfolio and the closing of accounts- The transfer of money abroad for safekeeping.The funny thing is that today you don't have to be a wealthy person to have an account in the United States, much less.In fact, depending on the app in question, just $ 250 may be enough. From InvertirOnline, one of the most popular stock exchange platforms, acquired by Banco Supervielle, admits that the daily volume destined for that country was multiplied by ten. In your case, the floor required to open an account abroad is $ 2,500.But they are not the only ones: their other great competitor, Bull Market, says that since the PASO the opening of accounts in the USA doubled. As a differential, the company has its own broker (it has a license) although it requests a much higher minimum: $ 10,000.Even in Quiena, an app that at the moment only admits investments with the condition of holding an account outside the country, they saw their clients' deposits abroad grow up to four times since the primary ones were held, according to those responsible .Mass migration"To the extent that we have a supermarket for mutual funds, we have been recommending lowering the level of local risk in the portfolio since before the PASO," Ramiro Marra, director of Bull Market, tells iProUP.For that, the suggestion is to opt for instruments that invest, for example, in Chilean debt, in US bonds or corporate titles, in general from abroad."In fact, the managers were telling us that the number of individuals that we referred to those funds that, in general, are in the hands of institutional investors, caught their attention," notes Marra.After the STEP, the consultations multiplied and the phenomenon intensified. To the point that extraordinary increases were recorded, from 300% to 400%, in transactions since August 12. That figure, although later decreased a little, is kept in records that reach twice as usual."In parallel to this migration of funds, which have evaded the Argentine risk, there was a very marked increase in interest in directly withdrawing money from the country," acknowledges Marra. Without going any further, since the outcome of the Primary was known, the opening of accounts in the United States doubled, "he reveals to iProUP."We have our own broker in that country, we were the first Argentines to obtain the license. In general, we recommend a flat of US $ 10,000 and it is not that it has become more flexible due to this exceptional circumstance," he clarifies.Before and afterAccording to José Bano, research manager InvertirOnline, "before the PASO we came at cruising speed, with normal operations, but the day after they tripled and during that whole week they stayed at more than double the usual.""Afterwards, it was normalized for about 10 business days in which there was some calm - continues the executive - and we are currently 30% up from normal levels of transactions," the director completes.Bano also emphasizes that "in terms of investor behavior, there was a very marked migration to foreign assets, to the point that the daily volume increased tenfold from the STEP". The platform manages lower limits to open an account outside the country ($ 2,500) and this makes it accessible."Of course there were many who bought dollars and simply left. That is, they closed the account or narrowed their holdings," Bano said, adding: "I would say that 80% went abroad and the rest to dollars" .People are calling a lot and the team is sometimes unable to supply, as it is intended for a normal average of inquiries. "'What do you think I do?', They inquired. Some wondered if the shares were already cheap, but the market floor never seemed to arrive," Bano graphs.The executive of InvertirOnline adds: "Today there are several who already consider their funds as lost and say: 'I don't even look at them, I'm going to recover them,'" he says under his breath.Bano acknowledges that "in terms of recommendations, we cannot openly suggest that they take their money outside, but we have been indicating the desirability of migrating to Latin American funds in dollars, gold or emerging bonds."Outside, betterNicolás Galarza, head of Quiena, tells iProUP that foreign investments in dollars had the greatest growth in the company's history these days. Since the STEP, the new funds raised increased between three and four times. Regarding the number of customers, it doubled in the last two weeks.Quiena has a pecualiarity: it does not admit investments in local assets, but it is necessary to have an account abroad to build a portfolio. For its opening, it charges the user a commission of 5 dollars."Anyway, we are clear that it is a short-term growth that is not really good. We are left with an injured market," says Galarza.What does he who was already trapped do? "For those who had positions in Argentine bonds, they have to be maintained, in the long term it will be fixed. We must not make the typical rookie mistake of selling in the middle of the fall," he advises.It is also true that the floors required as minimum amounts to open accounts abroad vary very significantly. In the case of Quiena, for example, it only takes $ 250 to start investing, so that you can have a global portfolio with just a few clicks."These were days of a lot of workload for the advisors. The consultations rained, although with us the money is already abroad, but they were out of fear, typical panic reactions. We had a lot of pressure but we could handle it," he reveals. GalarzaHistorically dollarizedDollarization, either under its purchase version for hoarding under the mattress or to take out the dollars of the country (what is known, in both cases, as capital flight) is not exclusive to the world of apps, but a tiny sample of a historical and widespread phenomenon. Here are the most recent examples of the latest governments:- Nestor Kirchner: $ 15,000 million (1.6% of GDP)- Cristina Kirchner: US $ 70,900 million during the first term (4.2%) and US $ 26,580 million (1.8%) during the second period.- Mauricio Macri: $ 75,180 million (3.4%).When making a breakdown year by year, during the K 2008 and 2011 era they were especially hard: capital outflow for US $ 23,000 million and US $ 21,500 million respectively.Under the current administration, 2017 and 2018 were marked by a strong acceleration of the leak, with reds of US $ 22,000 million and US $ 27,000 million in each case.With such previous experiences, it is not uncommon for Argentine savers to dollarize their portfolios and take them abroad. In fact, those who did it before the "stocks" announced this Sunday, ended up celebrating the timming of their investment strategy.