Technology has reached such an incredible height, that even the most complex tasks have become easy and simple. With a click of a button and a tap of your finger you can search the web or talk to a loved one miles away. Anything is possible with the technology that we have today, especially making it big in the crypto market without much experience.
If you want to be one of the lucky people who became millionaires overnight with the rise of bitcoin, then the QuantBitex algorithm is what you will need.
What you get when you use the QuantBitex Algorithm
One of the best parts about trading online is that you don’t have to do much of anything to keep making money. When you have a bot, it will handle most of the day to day tasks, as you just have to check up on its progress. Here are some things that set QuantBitex apart from other bots in the market:
You Don’t Need Experience to Be a Good Trader
One of the biggest selling points of using the QuantBitex to trade is that it does most of the work for you. You don’t need to understand how the market works or how most of the trading system works. All you need is a good bot which will do all of your work for you.
Not only will the bot track all of the coins that you have invested in, it will also be able to analyze how it will change over time. These analytics will allow your bot to assess whether or not you should be selling or holding onto your investment. All you have to do is occasionally check up on how it is doing, and you should be good to go.
Strategies That Help You Win
An important thing that you should remember about trading in the crypto market is that you need a plan. That is especially the case with bots, as they run on strategies that you provide them. Telling them what to do if a coin drops by a certain percent or what to do when it rises by a certain percent. These instructions lay the foundation for a good trading experience.
But if you don’t know what a strategy is, let alone make one, you can always just buy one. You can find many veterans that are willing to give you their strategies for a price. As long as you can pay for the strategy, your bot and imitate it. Unfortunately, there is no one strategy that wins in every situation. Every situation in the crypto market comes with a unique twist, and each twist will need its own strategy.
Of course, when you eventually become better at trading, you can start creating your own strategies as you please. Change up the preferences and your contingency plans to create a plan that suits the situation you are in.
Trading Doesn’t Stop and Neither Does Your Bot
The crypto market is very dynamic. One day a coin can be soaring in the clouds, and the next it can be hitting rock bottom. Although this can be chaotic at times, there is a certain flow to it that you will eventually understand. But more importantly, the crypto market doesn’t have an off switch.
There is no specific time of day where the market closes down or takes a break. It is a train that never runs out of steam. So when you are off sleeping, you are missing out on multiple deals that you could otherwise be taking advantage of. Fortunately, you can use a bot to still track your coins when you are away.
QuantBitex never stops unless you want it to. This makes it especially good for people that can’t take the time out to properly trade. Instead they can leave their bot to do most of the heavy lifting while they go about their day. If you are lucky you will get a surprise when you wake up in the morning, as your bot makes the right call on your coins. A bot allows you to keep up with the market even when you are not around.
Triggers and Contingency Plans
If you know what you are doing and have some experience with the crypto market, you know that having a contingency plan is very important. Contingency plans allow you to minimize damage in the event of downturn in the market. These contingency plans can really help minimize your damage and allow you to walk away almost scot free from the market downfall.
But the contingency plan will only kick in when you have a trigger in place, which means that the contingency plan will only take place when your coin matches the trigger. This usually means that the coin has dropped by a significant margin, and they will kick in the contingency plan.
Contingency plans often involve short selling, which means you will be selling at shorter intervals. This is especially effective when the coin’s value is dropping very quickly. Dollar cost averaging is another very good contingency plan that you can use with QuantBitex. Both of these are good contingency plans, and you should do your research before deploying each one. As for the triggers, make sure that yor triggers are not so low that you face the brunt of the damage up close.
Your Trusty Bot Will Help You Make It Big
When you are in a market s volatile as that of cryptos, you want to make sure that you are getting all the help that you can get. QuantBitex is the ultimate ace up your sleeve, as it puts you ahead most other traders starting out. Its effective use of analytics and superior tracking technology makes it a must have in these trying times.
In fact, you can track up to 50 different cryptos at the same time with a single bot. So if you are looking to improve your chances of making it big, try QuantBitex.