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Bitcoin Money is a trading robot that allegedly helps users trade crypto volatility. This trading robot is said to apply computer algorithms to analyze data from the crypto markets for insights and automatically places corresponding trades. The big question is whether bitcoin money is a scam or legit trading robot?
InsideBitcoins has been looking for answers and has compiled a comprehensive review to help you make the right decision. Our feedback is based on an analysis of reviews from people who have tried the robot. From our review, we find a high likelihood that Bitcoin Money is legit. Visit their website through the link below or read on to learn more.
Is Bitcoin Money a legit trading platform?
Bitcoin Money appears to be legit. This robot has a lot of great reviews from users who have tried it.
Likewise, the bot seems to operate in high transparency. This crypto trader not only discloses its fees mechanism but also explains the logic behind its trading platform. However, we did not find enough information about the founders and the team behind the app,
Additionally, an analysis of online reviews on sites such as TrustPilot reveals that most users are satisfied with this robo trader. However, there are a few reviews generally from cryptos protagonists pointing out that this robo trader is a scam. InsideBitcoins did not find any red flags suggesting that this crypto trader is a scam.
What is Bitcoin Money?
Even when the profitability claims may be a bit exaggerated, there is reportedly a high chance of making considerable profits with this bot. Bitcoin Money reportedly relies on powerful computer algorithms to scan the crypto markets for trading insights and execute them in a user account.
Unlike the human brain, these algorithms can scan and analyze vast troves of data within milliseconds and capitalize on trading opportunities as soon as it presents. This ensures that no profiting opportunity is lost.
The use of algorithms in trading is not new in traditional assets trading and is known to generate huge profits within a short time. In forex and stock trading, the method is known as high-frequency trading. The algorithms used in this method of trading are so powerful that they can read news from reputable sources as soon as they are reported and execute informed trading decisions.
Who Founded Bitcoin Money?
Bitcoin Money does not disclose about its founders and the team behind the app. While this is not uncommon in the world of cryptocurrencies, it does not go well with most users. InsideBitcoins also believe that having the face of the person and team behind a platform adds more to its legitimacy.
However, there is no need for alarm given that Bitcoin Money has already established itself as a popular bitcoin trading platform. The many positive online reviews are enough evidence that people are finding it trustworthy.
How Does Bitcoin Money work?
Bitcoin Money is allegedly a trading app powered by sophisticated computer algorithms that analyze bitcoin markets for insights and automatically executes corresponding trades. This means that you do not need to have any prior bitcoin trading experience to use this platform. The app does all the work including research and trades execution.
When trading with Bitcoin Money, the only thing you are required to do is to open and close trading sessions and also withdrawal profits. This takes less than 20 minutes per day which means that the trader has all time to do other things while the Bitcoin Money app continues to generate profits for them.
Bitcoin Money claims to have an accuracy level of 89% which means that it makes the correct trading decisions at least eight out of ten times. The software is allegedly ahead of the markets by 0.01 seconds consequently maximizing every trading opportunity that presents. InsideBitcoins cannot guarantee the truthfulness of the 89% accuracy claim.
It is also important to note that there is a degree of risk involved in trading with this robot. This means that there is a possibility of losing the invested capital too. InsideBitcoins recommends that you start with a small investment and only add capital when you are comfortable with the trading platform. Also, make sure that you harvest your profits as soon as they are generated and avoid leaving open positions overnight.
How to place a trade on Bitcoin Money?
Bitcoin Money in the Media
There are claims that Bitcoin Money has been featured in mainstream media including CNN, FT, TIME and Forbes. InsideBitcoins did not find any evidence about these claims.
We encourage you to avoid making decisions basing on a product appears on mainstream media. This is because even scam products with huge budgets can make their way there. Always carry out enough due diligence before settling on a product.
Bitcoin Money Recommendation by Celebrities
There are rumors that Bitcoin Money has been endorsed by several celebrities. Our investigation shows that these are marketing gimmicks by unscrupulous affiliates.
There are also rumors from affiliate sites that Richard Branson has recommended Bitcoin Money. Likewise, we did not find any information linking Branson to Bitcoin Money. Once again, we recommend that you avoid reviews making such false claims to earn affiliate sales. InsideBitcoins provides comprehensive and unbiased reviews to help you make informed decisions. Browse through our trading robots section to learn more about the best bitcoin robots in 2019.
Some affiliates are peddling Gordon Ramsay Bitcoin Money endorsement claims in a bid to get signups. Bitcoin Money has detached itself from these claims and promised to crack a whip on any affiliate using lies to get signups. The use of deceptive marketing techniques is not uncommon among affiliates in the tech sector. Unscrupulous affiliates use this form of marketing for both scam and legit products.
It is essential to always carry out enough due diligence before choosing a product. Never settle for a product based on celebrity endorsement alone. Remember that it is also possible for a celebrity to endorse a scam product. A good example is the 2017 incident where SEC charged DJ Khaled and Floyd Mayweather for endorsing a scam ICO.
Advantages of Trading with Bitcoin Money
Bitcoin Money ranks high in our robot rating list. The robot is best known for a user-friendly trading platform, transparent fee mechanism, excellent customer service, and consistent results. Here are the main advantages of trading with Bitcoin Money.
This trading robot appears to be legit. Bitcoin Money is said to offer one of the best trading platforms in the industry. Their customer service is also one of the best. If you decide to try this robot, do not deposit more than $250. Trading with Bitcoin Money involves a degree of risk, and therefore there is a possibility of losing your invested capital too. FAQ.
Is Bitcoin Money Scam? The Verdict!
This trading robot appears to be legit. Bitcoin Money is said to offer one of the best trading platforms in the industry. Their customer service is also one of the best.
If you decide to try this robot, do not deposit more than $250. Trading with Bitcoin Money involves a degree of risk, and therefore there is a possibility of losing your invested capital too.