Who Is ChihKuang Ouyang?
ChihKuang Ouyang, known as “Chih Kuang,” is the founder and chief executive officer (CEO) of Royal Q, the world’s largest Quantitative trading AI robot. Ouyang founded Royal Q in 2017 and quickly incorporated in California (US) on 13 May 2021. An avid Robotics enthusiast.
Chih Kuang Ouyang is a Professor of Robotics at the Hong Kong University of Science and Technology (HKUST). He is also the Director of the Robotics Institute at the university. His research focuses on robot manipulation, grasping, and grasping-based.
- ChihKuang Ouyang is the founder and chief executive officer (CEO) of Royal Q, the world’s largest Quantitative trading Artificial Intelligence robot.
- Royal Q was incorporated on 13 May 2021.
- Royal Q started in China but has spread to more than 200 countries/areas.
- Royal Q has more than 1.6M users, making over 130M in profits.
- Trustworthy: No access to your funds.
Royal Q launched in 2017 and spread worldwide in 2021, with popularity in countries like India, China, Malaysia, Singapore, Nigeria, etc. Still, on 31 October 2022, the registration was changed from ‘Active’ to ‘Terminated due to inactivity. Ouyang was forced to relocate, but instead of simply finding another country to operate in, the company went fully remote.
Royal Q quickly became one of the biggest crypto Artificial Intelligence robot by daily trade volume. It now operates globally, with more than $200 million in spot trading volume. ChihKuang Ouyang, a majority shareholder in ROYAL QUANTIFY INVESTMENT MANAGEMENT CO., LTD, has seen his net worth balloon since then.
How Does ChihKuang Ouyang Promote Royal Q?
Ouyang has prior experience participating in multilevel marketing (MLM). As the cryptocurrency world burst into prominence during the 2021 market bull run, where the price of Bitcoin (BTC) started at around $30,000, only to more than double and hit north of $60,000 by mid-April., Ouyang and members of Royal Q who had used the robot promoted the product to their communities of potential clients. Since the robot delivered massive results, it was easy to penetrate the market.
What is ChihKuang Ouyang’s Facebook or Twitter account?
ChihKuang Ouyang’s phone number, Facebook, Twitter, or other social media account is unknown. However, you can visit Royal Q’s official website to talk with the company.
What Is a Ponzi Scheme?
A Ponzi scheme is a type of investment scam in which returns are paid to existing investors from funds contributed by new investors rather than from profit earned by the individual or organization running the scheme. The scheme leads victims to believe that profits come from legitimate business activities when they come from new investors’ contributions. Ponzi schemes typically collapse when the operator can no longer attract enough new investors to pay returns to earlier investors or when too many investors ask to cash out their investments simultaneously.
The Bottom Line
Let’s be clear: Though bad actors use cryptocurrencies and related projects as a medium to conduct Ponzi-like schemes, Royal Q itself isn’t a Ponzi scheme. For one thing, your coins and tokens, like bitcoin (BTC) and ether (ETH), etc., are inside your exchange, not in the custody of Royal Q.
Frequently Asked Question
What is a trading bot?
Answer: A trading bot is a software program that interacts with financial exchanges in a semi-automated way and makes trades on behalf of the user. These bots can be programmed to identify trends and react to them accordingly based on a set of predetermined rules and parameters. They can perform various tasks, such as monitoring the market, making decisions to buy or sell assets, and executing trades. Trading bots can be used by both individual and institutional traders and can be adapted to suit a wide range of trading strategies and styles. Some trading bots can be customized to suit the needs of specific markets or assets.
How do trading bots work?
Answer: Trading bots connect to a user’s trading account and monitor the market for specific conditions. Once a condition is met, the bot will execute the corresponding trade. Trading bots can be programmed to use a variety of different strategies, such as technical analysis, fundamental analysis, or a combination of both.
The basic process of a trading bot typically includes the following:
- Connect to a user’s trading account: The bot needs to be connected to a user’s account with the exchange to access the market data and execute trades.
- Monitor the market: The bot continuously monitors the market for specific conditions, such as changes in price, volume, or other indicators.
- Make a decision: Once a condition is met, the bot will buy or sell the asset based on its programmed strategy.
- Execute the trade: The bot will execute the trade on the user’s behalf, automatically buying or selling the asset at the specified price.
- Continuously updating the parameters: The bot will constantly check the market conditions and update its parameters accordingly.
While trading bots can execute trades faster and more accurately than a human traders, they are not infallible and can still make mistakes. Additionally, a bot’s performance will depend on its programming quality and the strategy it uses.
Are crypto trading bots profitable?
Answer: The profitability of crypto trading bots can vary greatly, depending on factors such as the quality of the bot’s programming and the strategy it uses. Some bots may be highly profitable, while others may not be as successful. Additionally, a bot’s performance will depend on the current market conditions, which can be highly volatile and unpredictable.
Some of the factors that can affect the profitability of a crypto trading bot include:
- The bot’s programming: A well-programmed bot with a sound trading strategy and a good risk management system is more likely to be profitable.
- The bot’s strategy: Different trading strategies will have different levels of profitability. Some strategies may be more suited to specific market conditions than others.
- Market conditions: The crypto market can be highly volatile and unpredictable, and a bot’s performance will depend on the current market conditions.
- The user’s risk management: The bot can only make the best decision based on the data it has; the risk management strategy of the user will affect the outcome.
No trading bot can guarantee profits, and using a trading bot involves inherent risk, as the crypto markets are highly speculative and volatile. So it’s essential to approach crypto trading bots cautiously and research before investing in one.
What are the best crypto trading bots?
Answer: Many crypto trading bots are available on the market, and the best one for you will depend on your individual needs and preferences.
- Royal Q: This super-intelligent app executes automized operations and is monitored in real-time through big data algorithms, adjusting itself by market conditions in real-time 24 hours a day and seven days a week. and supports multiple exchanges.
It is essential to research and evaluates a trading bot’s features and reputation before using it. Additionally, most trading bots have a free trial and paid plans; it’s essential to understand the difference and if it fits your trading needs.
Is automated trading risky?
Answer: Automated trading, also known as algorithmic trading, can be risky for several reasons:
- Lack of human oversight: Automated trading systems rely on algorithms to make decisions and execute trades, which can lead to mistakes if the algorithm is not programmed correctly or if there are bugs in the system.
- Lack of flexibility: Automated trading systems follow a set of predetermined rules and may not be able to adapt to changing market conditions.
- System failure: Automated trading systems can also experience technical failures, such as power outages or network connectivity issues, which can cause significant losses if not handled properly.
- Lack of Risk management: Automated trading systems may not be able to identify and avoid unexpected market risks, so it is essential to have a proper risk management strategy in place.
- Lack of emotions: Automated trading systems do not have feelings, which can be both an advantage and a disadvantage. While they are not influenced by fear or greed, they may not be able to adapt to unexpected market conditions.
However, if adequately implemented, automated trading systems can provide several benefits, such as faster trade execution and better consistency in decision-making. Additionally, it’s important to note that automated trading bots are just tools; their performance will depend on the quality of the programming, the strategy they are using, and the user’s risk management strategy.
What are the differences between spot and futures trading Binance?
Answer: Spot trading and futures trading are two different ways to trade cryptocurrencies on the Binance exchange.
Spot trading refers to buying and selling cryptocurrencies at their current prices, with the trade settlement happening immediately. This means that when you buy a cryptocurrency on the spot market, you own it and can hold it for as long as you want or sell it whenever you want.
Futures trading, on the other hand, refers to the buying and selling of contracts that will settle at a later date. These contracts are agreements to buy or sell a specific cryptocurrency at a set price on a specific future date. In the futures market, traders can take both long and short positions, meaning they can profit from both rising and falling prices of the underlying asset.
One of the main differences between spot and futures trading is leverage. In the futures market, traders can use leverage, which allows them to trade with more capital than they have in their accounts. Traders can potentially make larger profits but also face more significant losses. Leverage is not available in spot trading.
Another difference is that futures trading is typically used by traders with a more advanced understanding of the market and are comfortable with greater risk. On the other hand, spot trading is more accessible to new traders and those who prefer to trade with less risk.
Both spot and futures trading have advantages and disadvantages, and the choice will depend on an individual trader’s goals and risk tolerance.
What is Royal Q Invitation Code?
Answer: P3Z5N is a Royal Q invitation code. A Royal Q invitation code is a unique code provided to existing Royal Q users, which they can share with others to invite them to join the platform. When a new user signs up for a Royal Q account using an invitation code, both the referrer and the new user will receive a referral commission and bonus, usually in the form of a percentage of the new user’s license and trading fees. These referral bonuses are intended to incentivize existing users to bring new users to the platform and to reward them for their efforts.
To use an invitation code, a new user would typically enter the code during the account registration process or, in some cases, after the account is created in the referral section.
Invitation codes can only be used multiple times and don’t expire. Also, TOS and policies are guiding it.