Bitcoin Loophole is a well-known automated trading software offering one of the most sophisticated websites and platforms in the industry. Bitcoin Loophole’s website displays success stories and guarantees to churn out huge profits for its users with an impressive figure of 88% accuracy. But these big promises given rise to a plethora of heated debates in the blockchain and cryptocurrency community about whether the system is to be trusted. We’ve analysed how the trading app works, its offer to investors, and its features in detail to give you a full test of the app. Our Bitcoin Loophole review will help you once and for all determine whether this robot is legit or not.
- 1 Bitcoin Loophole Review – the InsideBitcoins Opinion
- 2 Is Bitcoin Loophole Scam or Serious? The Verdict!
- 3 How does Bitcoin Loophole work?
- 4 Opening a Bitcoin Loophole Account – Step by Step
- 5 Is Bitcoin Loophole Legit? The Test.
- 6 Is Bitcoin Loophole Fake? The Platform
- 7 Bitcoin Loophole versus other Robots
- 8 Conclusion: Bitcoin Loophole Software Review and Results
- 9 FAQs
Bitcoin Loophole Review – the InsideBitcoins Opinion
For any intending investor, this automated trading platform is worth a trial. It’s rather interesting watching how the trading robot makes the trades. To access the software as a user, registration is required. The registration form is on the homepage where the intending investor is expected to fill in details such as first and last name, email address, password, and phone number. The homepage of the website details the success stories of several investors who have used the app for their trades. In our opinion, these promotions seem modest because there are obvious risks in trading which every intending investor must know.
Is Bitcoin Loophole Scam or Serious? The Verdict!
At InsideBitcoins, we have made efforts to confirm if Bitcoin Loophole app is reputable and the following are our observations.
Every investor should be aware that he/she can record possible losses occasionally trading with this software. One is faced with the question severally, is Bitcoin Loophole a fraud? Investing in this software, is it a good idea? Anyone who has taken the extra step of investing in the platform would have valid answers. However, website impressions show that there are signs of professionalism.
As a beginner, Bitcoin Loophole gives access to its users to use a demo account. In this demo account, the user is familiarized with the trading platform features. In the demo mode, the user is given a notional balance of $1500 for demo trading. This extra step aims to show to the user, the seriousness of the offer.
Using this app is opting for a clever way to make money as the trader is limited in participation in trades. However, it is advisable for every intending trader to properly think this through. The result of an initial investment within the range of $100 – $999 would give a good impression of possible future earnings to the investor. Following this method, the financial risk is limited.
The Bitcoin Loophole on the Dragons Den, Shark Tank?!
There are many fake reports of the Bitcoin Loophole having appeared on UK TV show the Dragons Den going around on the web. These fake rumours have created suspicion and controversy as to the authenticity of the software. In fact, as reported on TheMirror, Martin Lewis of Money Saving Expert has been serially used for these ads popular mostly on Facebook. A public piece read how Jenny Campbell of Dragon’s Den invested over £180 and gained close to £150 in 3 minutes using the software. These advertisements are merely marketing strategies that have been used by shady webmasters to get more users to sign up to the system, in the hope of creating more affiliate sales for them. We can confirm that the Bitcoin Loophole does not agree with these false advertisements and that the acclaimed public figures have no relation to the software.
As one of the top faces on UK’s Dragons Den, Peter Jones’ identity has been used many times in false advertisements tying the software to him. Facebook ran an ad on its website detailing a certain Bitcoin Loophole / Peter Jones joint financial deal which made the latter invest in the company. The ad read that the Dragons Den act was impressed with the functionality of the software after hearing that a fellow Dragons Den act made hundreds of euros trading with it in a few hours. However, Peter Jones released an official report on his Twitter account where he denied the financial deal calling it fake and a terrible scam. It is important to note that whilst Bitcoin Loophole is a legit robot, users should beware of false advertisements linking celebrities with the software. Always ensure that you are recommended by a reputable source such as this article before you invest in any autotrading software and watch out for guarantees of huge profits – your profits can vary and there is a risk of losses, even with an accurate software such as this one.
Does Elon Musk support Bitcoin Loophole?
Another interesting story involving Bitcoin Loophole and entrepreneur Elon Musk made rounds on the internet with information surrounding how the Tesla co-founder is planning to step down from his role at Tesla to fund the developers. The software’s buyout clause was said to have been worth 250 million euros of which the arrangement is more of a takeover from the developers. However, all of these are all marketing strategies as Tesla released an official statement stating that none of the information is true.
How does Bitcoin Loophole work?
The Bitcoin Loophole is software with close similarities to another platform operating with the same basic principle. This software is likened to giant crypto trading software Bitcoin Code. In both situations, a trader is required to make a deposit to trade. However, in the case of the Bitcoin Loophole, the software takes the place of a human in making trade decisions. The software, a product of Artificial Intelligence makes mathematical calculations needed in trading which a human trader mightn’t readily accomplish within a short time.
These calculations are displayed on most exchanges in trading charts and statistical representations. This software uses an algorithm that uses the appropriate data in the crypto financial market to make decisions. These data can be in the form of signals, rumors/news, trend lines etc. These decisions are taken very fast by the bot. The Pump and Dump scenario finds expression here as most of them are done by trading bots. Pump and Dump trades are disallowed on stock markets as the trades there are regulated, unlike crypto markets that operate a free and unregulated market. Stock markets don’t have automated trading platforms as regulators fear it would keep the market unbalanced and cause price distortions.
The Bitcoin Loophole system, however, takes advantage of the volatility of the cryptocurrency market to make profits for its users. As an automated trading platform, the software can be used in pump and dump scenarios. Using the app, traders set the bot to buy trade assets when the price is low and sell at a higher price. After the software has set trade to buy a trade asset, the pump scenario starts of which other traders out of FOMO join the trade and a point, dump happens with the loss on unsuspecting traders. Although this method might seem unethical in general trading, however, as of present, it is a legal way of trading e-currencies.
Is Bitcoin Loophole Legit? The Test.
From all inclinations, the Bitcoin Loophole system looks legit enough. Although one mightn’t necessarily agree with the company’s marketing behavior, the app, however, looks legit enough. The marketing strategy can be supposedly done to spring up a lively discussion in the network and to keep traders up with a positive reason why they are in trading in the first place.
Is Bitcoin Loophole Fake? The Platform
To authenticate the originality of the system, investing a little fund can help the trader find out. However, there are as of present, arguments in favor of a serious offer. CFDs, Forex and cryptocurrency trading in all are all speculative trades thus there are risks attached to it. In the case of profit or losses, Bitcoin Loophole doesn’t collect any return, thus the system’s goal is to provide the automated trading technology.
Conclusion: Bitcoin Loophole Software Review and Results
Although automated trading platforms cannot be compared to stock exchanges or brokers, these platforms earn primarily just by providing investment services. The Bitcoin Loophole software is very interesting and thus the question of whether it is a scam or not can be totally cleared in the mind of the public except one gives himself to functionality. Thus, starting off with smaller sums of money, should they be successful, then you can think about further deposits.