A question to those who own 3000 QTL - has the bot actually made your balance grow? How many of you have (1) won, (2) lost, (3) stayed on the same balance while using it?
I am asking and need to know because
(a) I LOST money with my QTL investment because of the price drop, and need to make that money back, and why not by using the bot, and
(b) my bot was useless since the upgrade v1 to v2, because the limit was raised from 1000 QTL to 3000 QTL, and I would not really be able to afford the full amount of 3000 QTL, if that coin is collapsing even more, but
(c) I need to make money urgently, and that's what this bot is for - right? So I am willing to continue to try it out now, and
(d) right now the QTL price is lower than it has been in weeks, so now might be the time to buy more, up to 3000?
As you can see in my postings
#286 and
#117, I was very willing to help improve this bot. Until I got locked out of using its essential functions with my existing QTL balance.
But first I would like to hear if it's worth the risk, to invest even more. The bot does work technically, yes - but does it work financially? Which of its functions are making you money, and details: What is your strategy/exact settings? Thanks a lot!
BTW: Not FUD, at all. I am really interested in this, just with a critical mindset, and very little money available to me.
Thanks a million.
i lost more money than i earned while using the trader.
BUT this is, as you've already stated, not the bot's fault (technically it is working as expected). It's simply impossible to fill in the fileds when you have opened the bot with numbers, walk away and come back and have 1.1BTC instead of 1BTC. This is exactly what i did, i walked away. I didn't lose much, i was pretty sure this could happen but i wanted to see it. And i wanted to see it "on the long term", it evens out a bit, but overall a little loss for me because of my wrong strategy. Well wait, it's not impossible, but this scenario only (not 100% only, but more likely) happens in a bull-market (bull market = a market that is increasing). And also not the whole time because even if it is a bull market there will be some times where the price drops (the price of a coin can't only rise "inside a green candle", there are seconds where the price drops and there are seconds where the price climbs up). If the market becomes a bear market (=a falling market) then your ping-pong makes you (not 100% always, but more likely) lose money.
But there's more than only the financial side: i'm trading on a laptop (3 year old i5processor, 3 year old 8gb laptop-ram, external display) and it is nearly impossible to work if i have chrome with 10 tabs + IE with 10 tabs + opera with some tabs open (but i need these tabs to be open in order to see fast what i want to see). QuatlooTrader eliminates my whole chrome with 10 opened tabs because i can see every necessary information inside the bot (well ok i have to use the dropdown-field instead of just clicking my different tabs, but that's ok). The next one is "seeing in one window where are arbitrage opportunities" - ok, this only earns you money if you have the same altcoin + bitcoin lying around at every exchange, but nevertheless it's a possibility to make money.
There's another big feature of the bot, it's called "Markus", the developer. "Don't invest in a coin, invest in a developer" - everybody has heard of that, and it's correct :-) Not because i say so, but because markus has proven more than once that he is willing (and also has done) to implement features that we mention here.
Imagine the following: if i am very lucky then markus would implement the following feature, maybe even with his next big update "mid to late september" (i'm sure he will when the time is ready because there was at least 1 other person in this thread asking about that, and it's not a stupid feature at all): a new field where i can tell the bot to sell the coin it has bought 5 minutes ago for a xx% higher price. With this feature i can make sure that i won't lose money on a trade itself. Don't get me wrong, this isn't the holy grail because it is still possible to lose money (imagine when a market doesn't rise for a long time but then i need my btc back because my car exploded and i need a new one then it could happen that i need to sell the coin for a lower price than i bought). This feature would only prevent losing money from the trade (=placing a buy-order and placing a sell-order) itself, not from my complete trading activities. This would be, in my opinion, the killer-feature of the QuatlooTrader.
That being said, and also thinking about markus will add this killer-feature when the time is ready, i would suggest to buy some extra QTL because for me this feature is so very ultra useful that it could possibly cost more than 3000QTL to have it unlocked.