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If you’ve invested in Bitcoin or any other cryptocurrency, you’ve probably heard of bitcoin robots. A bitcoin robot is a tool that makes the buying and selling decisions on behalf of the trader and executes trades accordingly. Bitcoin robots have a much higher accuracy than humans, which means that they are more likely to make winning trades and generate profits in both rising and falling crypto markets.
However, as more robots have cropped up over the years, so have scam products which have stolen people out of their money, taking advantage of the unregulated market.
For this reason, it’s important to be well-informed when selecting a robot. In this guide, we have put them to the test and have discovered which ones appear legit, and the scams that you should steer clear from. Read on to find a legit bitcoin robot today.
Find in This Article
What is a Bitcoin Robot?
A Bitcoin robot is an auto-trading software that use complex algorithms and mechanisms to scan the Bitcoin markets, read signals and make decisions on which trades to place in order to provide profit.
As a robot, they are far more effective than humans because they are able to scan all information available on a particular cryptocoin (in this instance Bitcoin), and execute trades, all in a matter of seconds.
The way robots work is by looking at buy/sell signals. These signals are what allows the robot to be seconds ahead of the market, which means that you will be able to make bigger profits than everyone else. One of such robots is the popular Bitcoin Revolution robot, which boasts an incredible win rate of 99.4%!
Advantages and Disadvantages of Bitcoin Robots
Understanding the advantages and downfalls of automatic trading are quintessential in extracting the best out of these tools. While robots have some similarities with humans, they differ greatly which can make them both more accurate and more risky.
Advantages
- Robots are far more effective than humans because they are able to scan all information available on a particular cryptocoin and execute trades, all in a matter of seconds.
- Bitcoin robots are not subject to feelings or emotions – they purely base their decisions on logic and algorithms. This makes their accuracy far higher than those of humans. Some robots have an accuracy of up to 99%, which means that they virtually do not place any losing trades.
- Bitcoin robot trading is a lot faster than manual trading. Instead of manually analysing markets, opening an account on a cryptocurrency exchange platform, waiting for verification (this can take up to 2 weeks), waiting for a profitable trade, and going through the withdrawal process, the bitcoin robot will take care of all of this for you.
- Easier than manual trading : all you have to do is make a deposit and leave the system to it. You can then withdraw your profits daily, with no hassles. Reputable robots such as Bitcoin Code even offer 24/7 customer support.
Disadvantages
Which Bitcoin Robot is Right For Me?
Today, there are hundreds if not thousands of bitcoin robot offerings advertised on the web. While the concept behind a bitcoin robot is legitimate, not all bitcoin robots are worth their salt and some are verified scams! InsideBitcoins aim is to separate the wheat from the chaff through comprehensive and unbiased reviews. Our list below shows the best bitcoin robot systems, ranked by rating. If you want to find out how to sign up and start trading to a robot now, skip to how to sign up to a bitcoin robot section
To help you get started in the world of automated trading, we've tested a variety of robots. We have classified them from outstanding robots to average robots, and finally robot scams.
Best Bitcoin Robots
Good Bitcoin Robots
We found the following robots to be free to use,and capable of trading well if used correctly. Their software has been tested and we confirm that they are active and fully working with a demo account.
Bad Robots / Bitcoin Robot Scams
And, finally, we found the following robots to be scams. These robots should be avoided as they are high risk and you can end up losing your capital if you decide to trade with them. To find out why they are scams, you can read our reviews by clicking on the hyperlinks.
Bitcoin Prestige
Crypto Unlocked
Bitcoin VIP Club
Crypto Xchange
Weenzee
Zemu Soft
CryptoXOptions
Crypto Capital
Cryptomatic
How to Trade on a Bitcoin Robot
Signing up and trading on a bitcoin robot is pretty straightforward. For this tutorial we will be using Bitcoin Code as an example as in general, the process is similar on most bitcoin robots.
Bitcoin Code is a bitcoin trading robot that claims to help ordinary traders make huge returns on their bitcoin investment with an investment as little as $250. The robot was founded by Steve McKay, a software engineer with over ten years of experience making trading robots.
Bitcoin Code relies on sophisticated computer algorithms to analyze tradable data in the crypto markets and make investment decisions. This automated trading tool is said to have a success rate of 99.4% which is among the highest in the industry. InsideBitcoins has determined that there is an element of risk in this trading tool which means that traders should monitor their accounts at least 20 minutes per day.
Tutorial
1. Go to Bitcoin Code
Most Bitcoin Robots have testimonials and promises on their front page. This is the number one cause of alarm for traders wary of scammers. While it is true that some bitcoin robots have exaggerated testimonials and promises, it does not necessarily mean that they are a scam. InsideBitcoins reviews present an evidence-based approach to help you get the true picture of what to expect with some of these crypto-traders.
2. Fill in the sign up form (registration only takes 2 minutes)
In this age of internet fraud and personal data theft, it is important to ensure that all online registrations are secure. InsideBitcoins analyzes every robo-trader registration process to determine how seriously they take users online security. A secure robo-trader should have an SSL secured website, proper password policy and also a secured database.
The registration process should also correct relevant data only and should give users an option to opt in or out of unsolicited emails. Most legitimate robo-traders require the usernames and email only and do not store sensitive billing information.
Another important thing to pay attention to is how easy the registration process is. A good Bitcoin robot should not complicate the registration process with unnecessary verification requirements. Traders should be able to open an account and start trading within a short timeframe preferably less than three minutes.
3. Start your demo trading
Once you have registered, you need to get a feel of the trading platform before going live. The best way to do this is through a demo account. A legitimate bitcoin robot will provide a demo trading tool, but it is not unexpected to find some without. Those with demo accounts also provide backtesting data to demonstrate how the robot works in live trading.
It is important to note that the results obtained in the demo account do not fully represent what you will get in a live account. InsideBitcoins recommends that all beginner traders start with not more than the minimum investment required and only add capital once they are comfortable with their robo-trader.
4. Deposit funds
Most bitcoin robot providers will require you to deposit a minimum capital of 250 (USD or EUR) to access their trading tools including the demo trader. The best robo-traders accept multiple deposit methods including MasterCard, Visa, Wire Transfer, Ok Pay, Skrill, Neteller, Qiwi and others. Also, deposits and withdrawals should be processed within 24 hours and should not incur any charges.
5. Let the bitcoin robot trade for you
All you must do after having deposited is activate the auto-trading function and that's it! You can forget about it for a few days and you should come back to a nice profit. Don't be discouraged if you don't see profits straight away - the crypto markets have high volatility but overall, you should be in the profit!
Click here to try the most popular bitcoin robot, Bitcoin Code , for yourself.
How Does a Bitcoin Robot Work?
Robo-trading has been around for the last ten years in forex and stock day trading. However, for the crypto industry, this method seems to have gained popularity in the last two to three years.
In general, robo-trading involves the application of sophisticated computer algorithms to analyze investment data and make trading decisions.The analysis happens supersonically to ensure that trades are placed before the markets adjust to new information.
The technology behind a bitcoin robot makes it possible for users to see the logic behind their profits or losses. These tools rely on computer algorithms coded using the trading strategies of the world best crypto traders to scan the bitcoin markets data and execute trades basing on this data.
Some of the best trading robots in the forex and stock market can capture valuable information such as breaking news and make corresponding trades.
When a trader earns profits, it is possible to tell how they did it since the algorithms can show the analyzed data and the corresponding investment decision. Market data analysis happens super-fast which makes it possible to make money even on the slightest prices movements. This explains why it is possible to make money with this robot in both rising and falling crypto prices.
Other trading robots depend on forex signals, stock signals or crypto signals from industry gurus. These tools copy the trading strategies of the identified experts and execute them in the users account in a method known as social copy trading.
Crypto robots apply similar algorithms to analyze cryptocurrency market big data and make investment decisions. Some of the best industry players are based on advanced technologies in Artificial Intelligence and Machine Learning. Such robots are likely to make more accurate decisions than their counterparts.
A trading algorithm can be identified as a mathematical formula of a predetermined trading strategy. In AI and ML-based algorithms, the mathematical formula keeps improving as it is subjected to more market data. In other words, the more it trades, the more accurate it becomes.
How Much Can I Expect to Make With a Bitcoin Robot?
The majority of top bitcoin robot software out there promise to help investors make a minimum profit of $10,000 per day. However, the returns depend on the invested capital. CryptoSoft, for instance, guarantees investors an average profit of $13000 per day. InsideBitcoins cannot guarantee the truthfulness of these claims, but it appears that most traders who have tried them are happy with the outcome.
Fintech Limited is another popular bitcoin robot claiming to make overnight millionaires out of ordinary people through crypto-trading. Some of the people in their review section report to have made thousands of dollars in less than a week out of an initial investment of $250. Fintech Limited categorically states that individual profits depend on their invested capital. The more the invested capital, the higher the returns.
A trading algorithm can be identified as a mathematical formula of a predetermined trading strategy. In AI and ML-based algorithms, the mathematical formula keeps improving as it is subjected to more market data. In other words, the more it trades, the more accurate it becomes.
What Type of Trades Can I Place with a Bitcoin Robot?
BTC robots are fully customized for bitcoin and other crypto trading. As mentioned earlier, these tools come fully equipped for crypto trading but do not support other assets trading.
With BTC robots, you can trade either manually or automatically. Manual trading involves the robot doing the market analysis and the trader manually placing trades based on the robot research. Automated trading, on the other hand, involves the bot conducting market research and placing corresponding trades.
Most trading robots offer both manual and automated trading options. In manual trading, the robot does the market analysis and recommends investment strategies, but it is for the trader to decide whether to implement them.
Automated trading, on the other hand, involves the robot carrying out investment research and automatically executing trades basing on this research. While manual trading requires constant monitoring, automated trading does not. In fact, most automated accounts require less than 20 minutes of monitoring per day.
Either way, InsideBitcoins recommends that you schedule trading sessions and close all your trades after these sessions. Remember that bitcoin robots are not without risk which means that you may find yourself experiencing huge losses if you are not monitoring your account regularly.
Some BTC robots come with a demo account to help traders familiarize with their trading platforms before live trading. A demo trading platform comes equipped with virtual money and is simulated on real but historical data. While demo trading somehow reflects the potential of the trading robot, it does not give the full picture. This means that the results you will get in live trading are likely to differ with what you get on demo trading.
Behind any trading robot is a broker who is tasked with executing buy and sell orders on behalf of the trader. These brokers are also responsible for facilitating deposits and withdrawals and are the one to reach out to when in need of clarifications regarding trading. The companies behind the robots usually operate hand in hand with these brokers to ensure that everything is running smoothly.
Are Bitcoin Robots Scam or Legit?
As you can see, most brokers behind auto-traders are questionable. so InsideBitcoins has tested and verifies brokers based on their years of experience and reputation.
While not all Bitcoin Robots are legit, the concept behind the robots, in general, is legitimate. A good bitcoin robot should be able to beat the markets most of the times and generate considerable returns for the traders. Most crypto-traders in the market today promise investors to make thousands of dollars per day with an initial investment of as little as $250. These results may be achievable with some but not always.
Do not subscribe to a bitcoin robot with the mentality that you will get rich quickly. With some robots, the profits may be small at the beginning but will increase as you upgrade your account. InsideBitcoins reviews give you a true picture of what to expect with different bitcoin robots regarding profitability.
Bitcoin Robots and Possible Risks
What most bitcoin robots providers won’t tell you is that there is a risk in trading with these tools. While the risk is not that big, it is there nonetheless meaning that there is a possibility of losing all your investment. Unlike long-term investments, day trading involves getting in and out of trading positions rapidly which makes it possible to experience huge profits or huge losses.
As a rule of thumb, never trade with an amount that you cannot afford to lose. Always remember that speculative investments should never take more than 10% of your portfolio. We recommend that you start small with bitcoin robots and reinvest your profits as your account continues to grow. The same case should apply for trading robots.
It is important to note that most bitcoin robots promise an accuracy level of 99% and above which when loosely translated means that with their robots, at least 9.9 trades out of 10 are correct. And given that there is no way to confirm this, InsideBitcoins recommends that you do enough due diligence to confirm how often your bitcoin robot of choice delivers these results. The best place to start is by reading our unbiased and comprehensive robot reviews and guides.
What is an Auto-Trading Robot?
While a bitcoin robot only offers cryptocurrency trading, trading robots offer forex and stock trading.
While a bitcoin robot is a trading robot but not every trading robot is a bitcoin robot. Simply put, trading robots are multi-assets traders which may or may not include bitcoin. Bitcoin robots, on the other hand, are meant for bitcoin trading even though they may also offer access to other cryptocurrencies.
While trading robots are a bit more complex, bitcoin robots can be used by almost anyone. In other words, you do not need any background in finance or cryptocurrencies to trade with bitcoin robots. Any good bitcoin robot will come with a user a guide to help you set up an account and start trading.
If you are looking to invest in cryptocurrencies, a bitcoin robot should be your first choice. These tools are not only customized for this type of trading but also gives access to crypto trading opportunities not found anywhere else. If you're looking to make money by trading forex and stocks, we recommend a trading robot.
How Do I Choose a Trading Robot?
Similarly to bitcoin robots, there are also a lot of trading robots scams going around the web.
The trading robots below rated as “good” and “okay” are those that InsideBitcoins has verified to be legitimate. Those with insufficient rating may be legitimate, but we have not found enough evidence to this effect and we think that may be scams. Read our comprehensive trading robots reviews to learn more by clicking on the brand name.
Legit Auto-Trading Robots
We found the following auto-trading robots to be legit and capable of generating great returns. With these robots, you can trade forex currency pairs, stocks and commodities.
30k Challenge
Profit Formula
Fintech Ltd
Binary Money Machine
Elite Trading Club
Forex Robot
ProIndicators.com
Certified Trader
Wealth Matrix
Scam Auto-Trading Robots
After having tested these auto-trading robots we have concluded that they are scams. We would recommend anyone to steer clear from the following bots and try one from our recommended auto-trading robot list instead.
USI Tech
Zemu Soft
How To Open an Account with a Trading Robot
1K Daily Profit is one of the best crypto trading robots.
If you want to to get started trading fast, here are some quick steps to open an account with 1K Daily Profit.
Input your name, email, new password, and phone number. 1K Daily Profit will email you. Click the link in the email.
Click "Add Funds", which is the yellow button at the top middle of the screen. When funds arrive, click the "Auto Trading" toggle to "On". 1K Daily Profit's algorithm will trade cryptocurrency for you, and deliver your returns following each batch of trades. Withdraw profits to your bank account.
How To Trade with an Auto-Trading Robot
Tutorial
1. Check their website and make sure that they are legitimate
The first step to determining this is to check whether their website is SSL secured. An SSL secured website encrypts the data between the client and the server, therefore, making sure that hackers cannot intercept internet traffic and steal data.
2. Sign up to the robot
The process of registering an account with a trading robot is somehow similar to that of a bitcoin bot. Most trading robots have the registration form on their front page and usually ask for details such as names, email and phone number. Also, it is at this stage that traders are required to opt in or out of their mailing list.
Click here to sign up to our recommended autotrading robot, 1k Daily Profit.
3. Try the demo account
Trading robots come with a more advanced demo account to cater for all the trading assets offered. As mentioned earlier, traders who choose trading robots are usually interested in other markets such as forex and hence the demo is equipped to cater for all these functions.
While the demo uses real but historical data to simulate the market experience, it does not always reflect live trading reality. This means that you may find the results of live trading a bit different from demo trading especially when it comes to bitcoin robots. In automated trading, the purpose of demo trading is to help you familiarize with the trading platform before going live.
4. Deposit funds
Most trading robots require a minimum deposit of 250 (USD/EUR) to start trading. The same case applies to bitcoin robots. This amount is the trading capital meaning that you still own it after deposit. Reputable robo-traders provide multiple deposit and withdrawal options and are forthright about the charges that may be incurred.
When choosing a automated trading bot, pay attention to the deposit and withdrawal charges and the amount of time it takes for withdrawals to reflect in your bank account. Remember that behind the trading robot is a broker who is responsible for facilitating transactions.
5. Let the trading robot open and execute trades for you
After making the deposit, traders can now access their live trading account. Most trading robots offer both manual and automatic trading. In manual trading, the robot does the market analysis and recommends an investment, but it is for the trader to place them. This means that they must monitor their trading account now and then to open and close trades.
On the other hand, automatic trading requires little account monitoring mostly less than 20 minutes per day. The robot does the market analysis and automatically place corresponding trades. Automated trading is the most recommended option for beginner traders.
Recommended Auto-Trading Robots
QProfitSystem
As mentioned earlier in this guide, a trading robot can be used to trade multiple assets including fiat currencies and cryptos. Examples of such robots include CryptoSoft, QProfits and more recently, the Easy Trade App. These robots offer a wide range of tradable assets including forex, equities, CFD trading, and crypto. This means that they come with extra features and are more advanced than bitcoin robots.
HBSwiss
There are trading robots out there who will claim to offer both robo-trading and crypto-mining. While some are legit, most are not. Crypto-mining is entirely different from trading and currently highly unprofitable given the plummeting crypto prices. For instance, bitcoin mining is currently highly energy intensive and only affordable to institutional miners. Also, the costs of mining have gone high making it less profitable.
A trading robot should never be perceived as a "get rich quick" method but should be seen as an investment with the potential for profits as well as losses. As mentioned earlier, there is no trading robot with 100% accuracy, and therefore any trader can lose money. However, the risk is smaller than trading directly.
Cryptosoft
If you are looking for a simple trading robot that will allow you to trade cryptos and also give you exposure to fiat currencies, the likes of CryptoSoft is what you need. These trading robots have all the features of a bitcoin robot only that they come with an additional feature for fiat trading.
While bitcoin robot trading does not require you to know the industry lingo, you may need to update yourself on forex trading. If you choose to trade both cryptos and fiat currencies, we recommend that you start small and upgrade your account as you familiarize with the auto-trader and trading terms.
As we have seen, bitcoin robots offer crypto trading exclusively while trading robots offer multiple assets trading which may or may not include cryptos. When choosing a trading robot, always have clearly defined goals and seek an expert opinion about different offerings.
Weed Robots
As cannabis becomes legal in countries all around the world, cannabis investing is becoming a big new market sector. Just like with the other robots described here, weed robots have been designed to make winning trades while you sleep. You'll be able to make trades based on the value fluctuations of the top new cannabis companies in the space. With algorithmic trading, you don't even need to know anything about the cannabis industry. This is passive investing at its best, in one of the great fast growth sectors in the world! Here are our top-rated cannabis robots:
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What Are Robot Brokers?
Robot brokers are online platforms allowing you to trade with cryptocurrencies, forex, stocks, CFDs, commodities and indices. They use trading platforms such as MetaTrader4 and WebTrader to support trades.
We usually advise against trading on robot brokers directly but to trade on them through auto trading robots. In fact, even though some robot brokers are trustworthy, they do not support you in making investment decisions. Auto trading robots connect to online brokers in order to function and through the robot, you can choose the broker you want to trade with. By doing that, you will have the option to trade in auto-trade mode but at the same time, you will have access to the vast investment choices offered by robot brokers.
Recommended Robot Brokers
Final Thoughts on Robots
To conclude, if you're looking to trade cryptocurrencies, stocks, forex or even cannabis stocks, a robot is a good choice. The technology behind them is based on algorithms which means that nine times out of ten, they will make better choices than humans. Automated trading robots have shown that you don't need to be an expert to be able to make a side income.
However, when trading with bitcoin robots, or regular autotrading robots, we strongly recommend that you do your research beforehand. Is the robot legit ? Does it have a professional website? Are there testimonials you can read? Is there information on the web about the founder, and how the software operates? These are questions that you should ask yourself before investing.
Only once these answers have been provided should you invest.
Bitcoin Robot FAQ
Bitcoin robots are algorithms that make lots of Bitcoin trades in short periods of time. They read the markets, knowing the right moment to buy and sell for maximum profits. Users pool their money so that the robots have funds to invest, then the robots share their profits with the people who put their money forward in the first place.
Actually, no. Bitcoin robots settle all accounts with cash. You'll invest with dollars (or whatever your local currency is) and your returns will also be in dollars. No BTC actually trades through the platform.
No. Some Bitcoin robots are scams. Other Bitcoin robots are not scams. Learn to tell the difference by following our reviews
Yes. Stocks, bonds, you name it. Wherever there are assets being traded on the internet, there are robots trying to beat the system.
For the most part, celebrities do not endorse Bitcoin robots. Most of what you hear about are marketing ploys from robot scams.
Brokers like Coinbase will allow you to buy real Bitcoin with your local currency.
No. Bitcoin is partially run by computers, but these computers are not used for trading. They're used in Bitcoin mining, which secures the network and introduces new Bitcoins to the marketplace.
All of the popular cryptocurrencies have trading robots, especially Bitcoin, EOS, Ripple, and Litecoin.
No one can tell the future, but we believe that Bitcoin prices will recover and even surpass previous all time highs.
With Bitcoin prices lower than they've been in a long time, and lots of good news for Bitcoin coming out in general, now might be an excellent time to buy Bitcoin.
Contents
- 1 What is a Bitcoin Robot?
- 1.1 Advantages and Disadvantages of Bitcoin Robots
- 1.2 Advantages
- 1.3 Disadvantages
- 1.4 Which Bitcoin Robot is Right For Me?
- 1.5 Best Bitcoin Robots
- 1.6 How to Trade on a Bitcoin Robot
- 1.7 How Does a Bitcoin Robot Work?
- 1.8 How Much Can I Expect to Make With a Bitcoin Robot?
- 1.9 What Type of Trades Can I Place with a Bitcoin Robot?
- 1.10 Are Bitcoin Robots Scam or Legit?
- 1.11 What is an Auto-Trading Robot?
- 1.12 How To Open an Account with a Trading Robot
- 1.13 Weed Robots
- 1.14 What Are Robot Brokers?
- 1.15 Recommended Robot Brokers
- 1.16 Final Thoughts on Robots
- 1.17 Bitcoin Robot FAQ
Are you consistently working with this strategy? I have found this item far
more intricate compared to many other traders in this particular marketplace.
Hello Nadex Binary, which strategy are mentioning specifically. We have reviewed many bitcoin robots and talked about many trading strategies in this article. Speaking of trading with crypto bots in general, we would say that it is a very sound strategy as long as you are using secure and legit platforms.
What do you think of Easy Trade APP?.
Hello Mark Streeten, we highly appreciate your question. According to our research, Easy Trade App is a secure and legit trading platform where you should feel free to invest your money.
which bitcoin robot is the most legit???????
Hello Binary Today Trader, a lot of crypto bots that we have reviewed are legit and secure. If we were to recommend one robot out of them all, it would be Bitcoin Revolution.
Thanks for the wonderful article
Hello Adrianne, we appreciate your vote of confidence. Our goal is to keep our viewers informed fo the best opportunities and help them stay away of scam platforms out there.
Hi, i deposited with crypto robot 365 a while ago and was not able to withdraw my money. I contacted customer service many times and i got a reply saying that my e-mail has bounced. There is no contact number anywhere and no one is answering my questions. Do you have any advice for me? Have I been scammed??? Please let me know what you would suggest I do in this case. Nice page by the way.
Hello Kara, we are sorry to inform you that Crypto Robot 365 is a scam. It is almost impossible for you to retrieve your money because these scam robots transfer the money to other accounts as soon as someone deposits their money on the platform.
how did you test these robots to confirm whether they are legit or not?
Hello Robert, we review the predictive algorithms that the robot claims to use, invest real money into the platform and trade for some time. We write our reviews based on our experience of the software and the return on investment it generated.
most of this info is pretty accurate but i would say stay vigilant and be careful when trading with robots in general
Hello Manish45, you are correct, people can get into trouble with robots if they don’t understand crypto trading at all. This is why we recommend beginners to start with a small investment and gain some experience before investing large amounts of money.
I know few friends of mine who use them for trading, making profits through these bots.
Hello Smithy61, there are a lot of secure and legit cryptobots that you can use to earn great profits on your investment. To get the most out of your investment, we would recommend you to use Cryptosoft.
hello what about binary option trading robots?
Hello Ahmed, binary option trading bots are quite complex and it takes a lot of effort to assess their legitimacy. We currently don’t have a review of any binary options trading bot.
Do you know if Cryptohopper is legit?
Hello Joes9, our experts have concluded that Cryptohopper is an absolute scam and we would not recommend you to invest in the platform. Instead, you can choose any of the other legit and secure bitcoin robots that we have mentioned in the article.
Hello here, I am from Japan and I am a technician in one of the companies in my country. You are absolutely right with your statement “not all bitcoin robots are legit, but the technology behind them is legit”.
My question however is that as there are many bitcoin robots out there that can be used to run a particular bitcoin cryptocurrency website, how will I know the website bitcoins that make use of the good rather than the bad robots?
Also, do I stand to earn more if I am lucky to make use of a good bitcoin robot for my cryptocurrency use?
Hello Chang, strong technical and analytical knowledge is required to assess the algorithms of bitcoin bots used by cryptocurrency websites. Thus, it would be wiser if you used a bitcoin robot that is recommended by us like Bitcoin Code. You will have to invest less time and attention towards the trading if you use a good bitcoin bot.
Hello, my name is Justin. I came across this article a while ago while surfing the internet so I decided to check for myself. As I went through the I discovered that there were listening of good and bad robots so I got confused.
How do I know if they robot used by Bitcoin is good or bad and what will be the result if the robot that take control of my trading isn’t that accurate?
Also, you mentioned some good robots as well. How will I be able to know that a particular bitcoin robot is good?
Since you are understand the bitcoin robots well, can you help me with some of the distinctive characteristics of good and bad robots?
Hello Justin, to evaluate a bitcoin Robot you need to have a strong understanding of prediction algorithms. It is hard for beginners to understand these algorithms which is why we have reviewed these robots and made the decision easier for you.
Although I love what you have written about the system with which bitcoin works but I am a recipient of fraud. Last year in summer I was defrauded of some cash and I was told by friends that I caused it.
I tried all I could to get my money back but it was all to no avail. With what you have posted about bitcoin, I think I will love to start over again but I want to be assured if the bitcoin robot can be assured.
What is the accuracy level of the bitcoin robot ? Also, how much can I trust this robot on a scale of 1 to 10.
If you can give me a great answer to this, I think I can summon the courage to start over again.
I look forward to your sincere response.
Hello Jonatan, we are sorry to hear about your bad experience. Which bitcoin robot are you referring to in particular? Our guide talks about a number of bitcoin robots. To try and answer your question, as you can see, the bitcoin robot platforms that we recommend are Bitcoin Loophole, Bitcoin Trader and Bitcoin Profit. All of these use market prediction algorithms that are highly accurate and maximize returns. Any other questions, let us know.