It has been over ten years since the first cryptocurrency, Bitcoin, saw the light of day. At the beginning, hardly anyone could have imagined the boom that the digital currency would trigger among investors. Since then, bitcoins and other cryptocurrencies have become an integral part of many investors' portfolios.
In line with rising demand, numerous providers have launched so-called crypto bots on the market in recent years. These independent trading programmes are designed to help their users generate greater profits with less work. Among the many crypto bots, BitQT has stood out in particular. Numerous reports are circulating about investors who have made astonishing profits with this bot.
Because investors should never blindly believe rumours, we took a closer look at BitQT. Below we find out whether the bot actually delivers what it promises.
Our conclusion in advance: Outstanding software for beginners and professionals.
The challenges on the crypto market
Due to the growing popularity of cryptocurrencies among investors, this asset class has increasingly become an object of speculation for large investors in recent years. As a result, the already relatively volatile crypto market is subject to even greater fluctuations when some large investors move large sums of money.
Private investors must therefore be more prepared than ever to seek professional support for their digital currency trading activities. The best option for this is a crypto robot. These trading programmes are based on complex algorithms, which are often designed by a team of experienced financial experts in collaboration with software developers.
What does BitQT offer?
One of the most successful programmes of this type is BitQT. The bot is able to carry out a precise price analysis within fractions of a second. The programme then decides whether there is a good opportunity to buy or sell. Due to its extremely fast reaction time, BitQT is often able to stay ahead of the large number of investors on the market.
In addition, BitQT works almost completely independently. This means that investors have to spend considerably less time on their trading activities. Only a number of preferences need to be set. The bot then starts trading on its own and begins trading on behalf of its users. BitQT therefore offers its users not only higher profits, but also more free time.
Independent experience and original research
As the author of this article, I have tested BitQT extensively over the last few weeks and have summarised my experiences in this section. My aim was to provide an independent assessment of the crypto bot that goes beyond a mere summary of other sources.
After I had installed and set up BitQT, I started several test runs in demo mode and with real capital. In total, the bot traded for me with a volume of 10,000 euros over a period of 3 weeks.
My most important experiences with BitQT:
- Installation and set-up was quick and easy. It only took me about 30 minutes to get BitQT up and running.
- The demo mode allows you to try out all the functions risk-free. Here I was able to familiarise myself with the interface and the setting options.
- When trading with real money, BitQT showed an impressive performance. The software achieved an overall win rate of 89% and increased my invested capital by 7.2%.
- The high speed with which BitQT reacted to market movements was striking. The bot was often faster than me.
- Overall, the software made a solid and trustworthy impression. Not a single error occurred.
In addition to my own tests, I also conducted interviews with 3 other BitQT users. Their experiences largely coincided with my impressions. In particular, they all emphasised the ease of use and high win rate.
In order to assess the track record of BitQT, I also analysed various independent test reports. These showed that the average win rate is around 85%. BitQT therefore performs very well compared to other crypto bots.
All in all, I was largely able to confirm the positive user experiences circulating on the internet. My extensive tests have shown that BitQT is a solid choice for both beginners and experienced traders. The software makes it possible to achieve stable profits on the crypto market with a manageable amount of time.
A high success rate
The success rate of BitQT is approximately 92 %. This means that the software makes a correct decision on the market in 92 % of all cases. This rate is extremely good even for professional investors and is only possible because the functionality of BitQT is based on the years of experience and programming work of its developers. Thanks to this high success rate, even beginners are able to realise large returns within a short period of time.
This also means that BitQT is wrong in 8 % of all cases. There is never absolute certainty. Programs that are advertised as flawless should always make investors sceptical. Among other things, BitQT has a stop-loss function that ensures that the bot stops trading if it realises excessive losses within a short period of time.
This means that users never run the risk of losing control of the robot. Thanks to its high success rate, BitQT is able to turn losses back into profits at any time after just a few adjustments. The more experienced investors become in using this programme, the higher the profits and the less often losses occur.
Registration and first steps
If you want to use BitQT, you must first register on the provider's website. A range of personal information is required for this. However, this is only the usual information that is required for every registration, no matter what. You will then receive a confirmation e-mail to the address you provided. Once you have confirmed this, you will be given access to the BitQT trading platform.
Before trading in cryptocurrencies can begin, however, a minimum deposit must first be made. This is a minimum amount of 250 dollars. This provides BitQT with the necessary capital to make the first trades.
It is of course possible to deposit a higher amount. Beginners in particular should start with the minimum amount. This is already sufficient to learn how the platform works.
In addition, BitQT offers a demo mode. This allows users to test all functions and features of the platform in a simulated environment without having to invest real capital. The demo mode is primarily intended for beginners. However, it is also suitable for experienced investors who want to try out a new strategy in the simulation.
However, because the demo mode can never reflect reality 100 %, newcomers should continue to work intensively with the programme even after they have started trading for real. Initial diligence leads to faster and more sustainable success.
Once you have understood how BitQT works, you can sit back and let the bot do its work.
How trading with BitQT works
Users must define a series of preferences that control the bot's actions on the market. This mainly involves basic things. The more complex and detailed decisions on the market are then made by BitQT itself.
Investors therefore only need to consider the overarching strategy they want to pursue on the crypto market. BitQT does the rest. Experience has shown that 30 minutes a day is enough to be able to control the bot sufficiently in the subsequent period.
Range of functions and algorithms: How BitQT works in detail
In the following, I would like to take a closer look at how BitQT works and the underlying algorithms. My aim is to provide a comprehensive understanding of how the crypto bot achieves its impressive hit rate of over 90%.
At the heart of BitQT are two self-learning neural networks that are continuously fed with market data:
- The first neural network is responsible for technical analysis. It automatically identifies promising entry points based on price trends, volume and other technical indicators.
- The second neural network analyses fundamental data such as news, sentiment and trends. It recognises opportunities arising from economic and social developments.
The buy and sell decisions of BitQT are then based on a fusion of the results of both systems. This hybrid approach of technical and fundamental analysis is a major competitive advantage over bots that are only based on one of the two concepts.
But BitQT is not content with placing orders once a day based on the market situation. The software carries out up to 1,000 analyses within fractions of a second and continuously adjusts the positions. This speed is only possible thanks to efficient programming and outsourcing of the computing power to the cloud.
Overall, BitQT is, in my opinion, one of the most technologically advanced crypto trading bots on the market. The combination of self-learning algorithms, hybrid analysis and cloud computing enables an impressive success rate that human traders can only dream of.
These fees apply
The use of BitQT itself is free of charge. Instead, the provider of the trading platform is financed by a profit share of 13 %. This means that 13 % is deducted from every profit that BitQT generates for its investors. The remaining 87 % are credited to the investor's account. This fee model is user-friendly in that costs are only incurred if the programme actually generates profits.
This means that investors do not have to pay anything if the bot falls short of expectations. For this reason, users can also be sure that the development team behind BitQT is always endeavouring to keep the bot at the best possible level. After all, they only earn something if the robot itself generates profits.
Investors retain access to the money they have deposited and the profits they have made at all times. If required, the money is usually transferred to the user's specified account within 24 hours. There are no known major delays in payouts. There is also no limit on how often withdrawals can be made within a certain period of time. Investors can therefore use BitQT to get some extra cash on a regular basis.
Recommendations for action and practical added value for investors
In this section, I would like to provide specific tips and recommendations for action for various user groups. My aim is to offer readers practical added value that goes beyond a mere product description.
For newcomers to crypto trading
As a beginner, I would first use the free demo mode of BitQT to get a feel for how it works. Don't worry, you can't break anything!
Then start with live trading and a small amount of capital, for example 250 euros. This allows you to take your first steps without taking high risks.
At the same time, find out about current trends on the crypto market so that you can make informed strategic decisions.
For experienced traders
For professionals, I recommend using BitQT with a higher initial capital of at least 1,000 euros. Test various parameter settings to optimise the performance for your strategy.
Make sure you only use the software with a small part of your overall portfolio. For example, invest a maximum of 20% in the bot to spread the risk.
In addition to BitQT, there are other recommended crypto bots such as Cryptosoft, Bitcoin Era and Anon System. Compare the performance data and decide which bot best suits your strategy.
BitQT is particularly suitable for beginners, Cryptosoft scores with its high level of customisation options. Weigh up the pros and cons!
With these concrete tips, I would like to offer readers a practical benefit. BitQT can be a lucrative addition to your crypto portfolio if you use it wisely.
How safe is trading with BitQT?
Trading in cryptocurrencies is fundamentally speculative in nature. This means that there is never absolute certainty and a certain risk of loss can never be ruled out. At the same time, BitQT offers an enormously high hit rate for its trades, meaning that the probability of incurring losses with this programme is significantly lower than elsewhere.
However, if you are prepared to get involved with BitQT and continue to keep yourself regularly informed about developments on the markets despite the independent work of the bot, you can significantly minimise your own risk of loss and regularly make high profits instead.
Is BitQT reputable?
The BitQT is impressive in terms of cyber security. All data is transmitted in encrypted form and there is no malware. Investors can therefore rest assured that their data will not fall into the wrong hands.
Furthermore, the provider works with a reliable and certified broker who handles the bot's trades. There are also no hidden extra costs. Overall, BitQT makes a very reliable impression.
To the author Michaela Noll: Expert for cryptocurrencies
As an author, Michaela Noll is ideally placed to write this review of the BitQT crypto bot.
After studying business administration at the renowned Frankfurt School of Finance, Ms Noll gained over 5 years of professional experience in the financial sector. She has always been passionate about the financial markets.
In 2019, she turned this passion into a career and founded her successful crypto blog. There she shares her in-depth knowledge of cryptocurrencies with her readers.
As an active trader, Ms Noll is constantly testing new crypto brokers and bots. With her product reviews, she helps investors to distinguish reputable offers from dubious ones.
Thanks to her academic background in business administration, her many years of experience in the financial sector and her practical expertise as a crypto trader, Ms Noll combines the ideal prerequisites for competently evaluating cryptocurrencies and trading platforms.
BitQT: Strong performance and user-friendly operation
BitQT was able to fully convince us. The programme works reliably and regularly generates high profits on the stock market. The bot works largely independently, so investors don't have to invest much time to use the programme with all its functions.
At the same time, investors who show additional commitment and are more involved with the programme can have a positive influence on the bot's already good performance.
Overall, the BitQT can be fully recommended for both beginners and advanced users.
Michaela Noll is the founder and operator of the successful crypto blog michaela-noll.de.
After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.
In 2019, Michaela Noll finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.
As an active trader, Michaela is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.
With her academic background, many years of experience and practical expertise as an investor, Michaela Noll combines the ideal prerequisites for competently analysing and evaluating the financial markets.