Libra Method: Scam or Legit? The Results Revealed! Byjoe mauricePRO INVESTOR Updated: 13 October 2021 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. On this Page:Contents [show] Is Libra Method legit? InsideBitcoins investigation of Libra Method included an in-depth review of feedback from other users on independent consumer review sites. An analysis of feedback from reviewers shows that most traders report to make money in about the same frequency. User testimonials claim that Libra Method is very legitimate. 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 Bitcoin trading with this robot, users say that you need less than 20 minutes per day to monitor your account. The best thing with fully automated robo-trading is that you do not need to invest in education to make money. The robot is supposed to do all the work for you leaving you with enough time to embark on other projects. Users recommend Libra Method since they claim that it has a proven track record and is set to capitalize on trends such as the upcoming Libra Coin. Click here to open a trading account with Libra Method. 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 like Bitcoin Trader 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 and Bitcoin Era for an alternative top ranking crypto trading robot. Libra Method Review: The Test Results Explained! User reviews of Libra Method as well as our investigations confirm that it appears to be a legit robot. Users claim that they were able to make profits by depositing , setting up the robot and clicking the live trading button. The robot does all the trading automatically and with an alleged high accuracy level. Transparency Libra Method says it will disclose all the relevant information about its trading conditions and technologies. Moreover, they have made disclosures about their fee mechanism and trading partners. Libra Method does not charge any license fees. However, traders are required to pay a small commission on the profits they generate through the robot. There is also a big likelihood that this robot will introduce a license fee once the beta testing phase is over. Performance As mentioned earlier, this robot allegedly generates positive trades most of the time. Libra Method claims that investors can make up to $500k in a year from a deposit as little as $500. Most traders with a deposit of $250 report making up to a claimed $100 per day using this robot. We suggest that you start with the minimum deposit and grow your account by plowing back your profits. Remember that there is a significant risk in margin trading and you should not trade with an amount you cannot afford to lose. Reputation An analysis of reviews by other users shows that most users are happy with this platform. The majority of reviews we have come across report that this Bitcoin robot has made them profits money. Moreover, most users report that its web-trader is easy to use even for complete beginners. Additionally, the majority are happy with Libra Method’s customer service. Cybersafety Libra Method is said to be fully secure. Firstly, they are GDPR compliant which means that they are bound by law to keep users’ data in strict confidentiality. The GDPR is a regulatory framework introduced to safeguard the data of internet users in the EU region. Among the requirement is data privacy for all internet users from the specified jurisdiction. The fact that Libra Method is GDPR compliant shows its commitment towards ensuring users safety. Also, they say that their platforms have proper encryption and they have a fully equipped cyber-incident response team. 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. Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets. Automated Trading on Exchanges An alternative to using a bot is to use the copy trading feature on eToro – this FCA and CySec regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice, or a combination of several. InsideBitcoins recommends diversifying your portfolio by allocating part of your funds into a long-established, safe and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test. Coptrading on eToro is similar to using a bot in that you can grow your investment without having to monitor it, trade yourself or make any decisions – all buy, sell, take profit and stoploss orders are automated. eToro - Automated Copytrading of Profitable Traders Our Rating 83.7% Average Annual Returns with CopyTrader™ feature Review Traders' Performance, choose from 1 - 100 to Copytrade No Management Fees Free Demo Account Social Media & Forum Community - Trusted by Millions of Users Start Copytrading 68% of retail investor accounts lose money when trading CFDs with this provider. FAQs How much should I deposit with Libra Method? It is recommended that you start with the minimum deposit of $250 and grow your account by reinvesting your profits. How much can I make with Libra Method? Libra Method reports profits of up to 20% per day. Can I withdraw my profits from Libra Method? Libra Method says that it allows users to withdraw their money whenever they want. All you need to do to withdraw is to fill the withdrawal request form on their dashboard. Supposedly, Libra Method facilitates transactions within 24 hours.