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Libra Method claims to help traders make daily profits from a capital investment of less than $1k. The robot is said to apply artificial intelligence to capitalize on market volatility. But is Libra Method legit and is it possible to make money using this robot?
While Libra Method appears to be highly accurate, there is a degree of risk involved in trading with it. Consequently, do not trade with money that you cannot afford to lose. We suggest that you start with the minimum deposit of $250 and grow your account gradually by reinvesting your money.
Is Libra Method legit?
What is Libra Method?
If you are new to the world of online trading, I am sure you are wondering what the heck Libra Method is. Simply put, it is a trading robot that runs on autopilot and claims to help users make money online without breaking a sweat.
The fact that this robot is fully automatic means that you do not need any trading experience to use it. According to Libra Method, all you need to do is to make a deposit and click the trade button to start making money.
The Libra Method setup process is simple. The whole process to live trading reportedly does not take more than ten minutes. When trading with this robot, users say that you need less than 20 minutes per day to monitor your account.
How Does Libra Method Work?
Libra Method supposedly uses powerful computer algorithms to study the markets and make trading decisions. These algorithms have the potential to do both fundamental and technical analysis and execute trades almost instantly.
On technical analysis, the robot analyzes thousands of charts within a fraction of a second and executes insights almost instantly. When it comes to fundamental analysis, Libra Method uses natural language processing to identify news and execute trades.
For instance, if the regulators announce a clean bill of health on Facebook Libra Coin, the robot picks this piece of information and translates it into tradable insights. Trading robots are said to be 100 times more accurate than humans.
Libra Method trades on margin meaning that users can place trades that are up to 500 times bigger than their capital. While high margin can translate to huge profits it can also result in big losses. It is therefore highly recommended that you only trade with an amount you can afford to lose.
Why Trade with Libra Method?
Libra Method is a trading robot that claims it will help you make money online by capitalizing on the latest trends in the crypto markets. Its name is derived from the upcoming Libra Coin, a crypto issued by Facebook.
In the world of crypto trading, the traders who move in first usually make the most profits. For instance, in 2010, the price of Bitcoin was $3. Any trader who purchased Bitcoins worth $100 became a millionaire by 2016.
With digital money gaining acceptance in the mainstream, cryptos such as Libra have been predicted to be huge. The Libra Method trading app hopes to magnify the opportunity by making it possible to trade these assets on margin. What this means is that traders are reportedly able to make big money irrespective of the direction of the market.
Also worth noting, the Libra Method gives traders exposure to other hot cryptos such as Bitcoin and Ethereum. As mentioned above you do not need any crypto trading experience to trade with this robot. Libra Method is a fully automatic robot.
Moreover, it does not require a lot of monitoring hence you do not need to quit your day job to trade with it. Read our review of Bitcoin Loophole for an alternative top ranking crypto trading robot.
Libra Method Review: The Test Results Explained!
How to sign up with Libra Method
The signup process with Libra Method allegedly takes less than 10 minutes. All you need to do is to fill in a registration form on their home page and verify your phone and email. After the registration, you need to make a minimum deposit of $250 to start trading. There is also a demo account to help you familiarize yourself with their trading platform before live trading.
Is Libra Method Legit? The Verdict!
Our investigation reveals that Libra Method appears legit – it does trade the markets automatically for you. Further investigation shows that this robot is beginner-friendly. It is fully auto and can, therefore, be used by anyone irrespective of their background.
According to Libra Method, it is possible to grow a deposit of $250 to $500k by reinvesting your profits. Libra Method encourages compounding calculators to determine the annual return on a deposit of $250 at a growth of 8% per day.
It is worth noting that all trading carries risk, and we recommend you do not invest more than you can afford to lose.