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Bit Maximum AI Review 2024: Safe Trading Bot? Our Take!!

For essentially the most primary questions, you’ll probably have the power to find a solution in their comprehensive on-line Knowledge Base. If your answer isn’t found there you possibly can submit a ticket and anticipate the support team to get again in touch with you. There’s additionally an internet form and email address ([email protected]) where you’ll find a way to contact support, or you should use the net chat feature on the website.

There isn’t any want to worry if you are a newbie within the crypto industry and want to get started with Bit Maximum AI. The platform will help you answer every question with their data base and the broad range of tutorials obtainable. Moreover, some safety issues must be addressed by the staff. Someone can benefit from its API access to buy extremely low-value coins just to be pumped and dumped. Set up 2-factor authentication (2FA) in your account to be safe, and connect it with a live account having a average quantity of funds to contain the loss in case the bot underperforms. The underlying fundamentals of Bit Maximum AI are clear, which implies you’ll be able to verify the historic information of the bot before making a commitment.

Customer Help

These signals are essential for making informed buying and selling choices and predicting market tendencies. By configuring the bot to behave on these alerts, traders can enter or exit trades based mostly on correct, timely knowledge. These options collectively empower merchants to optimize their buying and selling processes, handle danger more successfully, and doubtlessly enhance their returns within the cryptocurrency markets.

Manage all of your trading and HODLing accounts in one convenient location with Altrady. Make positive to configure the API keys with applicable permissions, typically excluding withdrawal rights for added safety. Make sure you don’t miss any of our superior limited-time presents. For example bitmaximumai.com when you have 1 BTC you’ll find a way to enter 0.5 when you only need the bot to use zero.5 BTC of your 1 BTC. This can also be expressed as a % of the Maximum BTC amount allocated. So let’s say you allocate 0.5 BTC for your bot to trade with.

Technical Evaluation

If the market is sweet for ALT coins I move it up to 3% or extra. Personally I would disable this setting definitely if you are just beginning out with the bot. As you can see if we bought based mostly on RSI technique we’d have missed the continued value increase throughout a complete week. From testing I imagine that the mixture of RSI or Stochastic RSI with Bollinger Bands offers one of the best combination. Stochastic RSI tends to lead to extra buys than RSI and mixing each with Bollinger Bands reduces the quantity of buys somewhat. I personally favor not to maintain lengthy onto positions and promote shortly.

Bit Maximum AI also offers a cellular version for iOS and Android. Much like the desktop model, the app permits you to monitor your bots, adjust your strategy, and even make trades while you’re on the go. Bit Maximum AI is designed to help merchants generate income on a extra constant basis. Although the bot has loved a successful trading report thus far, you aren’t guaranteed to make earnings.

You might tell the bot “IF Bitcoin touches $30,000, THEN purchase 0.1 BTC”. And on the other finish of the range you can tell the bot “IF Bitcoin touches $35,000, THEN sell 0.1 BTC”. Perhaps most importantly, and I know I’ve mentioned this earlier than but it bears repeating, the Bit Maximum AI bot removes and emotions out of your trading. No more fear or greed, no more chasing the market, no extra losses as a result of “hunches”, and no more losses due to emotional buying and selling.

Horrible Customer Service

You can use “Market order” because this allows the sign to be purchased immediately at the current market worth. But there’s all the time risk with market orders as you’re by no means certain about the price you’ll pay. If you don’t want to place market orders and keep away from the chance of market orders you could set a “Percentage higher bid” to a small % like 0.5% for example. You can set your bot up to do that, nevertheless, do you actually want a bot for this if you’re buying and selling lengthy term? You may simply do this manually since you’re not constantly trading.

The platform is famous for its security and regulatory compliance, being registered within the Netherlands and overseen by the Dutch Authority for the Financial Markets (DAFM). This ensures the platform adheres to legal requirements, providing customers a secure buying and selling environment. You can merge orders when you could have two of the identical positions you’ll have the ability to choose each and hit “Merge positions”. This will create 1 place and recalculates the value based mostly on the price and dimension of your two positions. This would follow the value downward and set off when a sure predefined share of upward motion is reached and make a buy at that time. In concept this is a good function as it could minimise you losses.

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