23/11/2021
*Briefly about RoyalQ*
Royal Q is a robot app for trading crypto currencies. It automates trading in the sense that it is programmed to automatically buy and sell different cryptocurrencies on its own over and over again, making small profits each time it sells.
The robot has to be bound to an exchanger account like binance or huobi exchange for it to trade with the money you have in these exchange wallets. That account is your *own personal* crypto account; You will NOT have to transfer your funds to an outsider company to trade for you, NO!
The estimated daily profits is at 1% of your capital. This, like I said, is an estimate. You could make more or less or nothing in a day depending on how the crypto market goes for the day. So in a month, one would be looking at roughly 20% to 50% profit, could be a bit more or less. This, in my opinion, is amazing.
The robot, like I said earlier, only sells in profit, and hence does not make a loss. The bad side to this is that market can go too bad for couple of days or even weeks and the robot will just be holding whatever it has bought until the moment it can sell in profit. To also mitigate this scenario of having to wait for so long to make profit, the robot applies the martingale Dollar cost average risk management strategy to ensure that trades are closed in profits as quickly as possible.
The robot does not trade futures, or forex. Hence, there is no risk of liquidation or blowing someone's account. It only does spot trading.
Also, like I said earlier, the money the robot uses in trading for you is in your exchanger account like binance or huobi, so the fear and risk of the owners of the robot closing down and making away with people's money is mitigated.
The robot is however not free to be used. Being an (online) shop where buying and selling (of cryptocurrencies) happen, it is only reasonable to think that one, just like in physical shops, would pay shop rent to use such a shop, either monthly or annually. Hence, the shop rent of the robot is $120 and it is only paid annually.
After subscribing (or paying for bot activation) with $120, one needs about $20 fuel fee to subsequently operate the robot, and at least $100 in one's exchanger account from where the robot will be doing remote trading for the person. Of course, the higher the capital, the more the profits. Hence, it is advisable for persons using the robot to have more than $100 reserved for trading with the robot.
This is just a simple overview of the Royal Q robot.
Do well to sign up to RoyalQ.
https://raqsy.com/s/VDTLK,