- InsideBitcoins gives Lucrosa Method a legitimacy score of below 10% – Legit trading bots score above 80%.
- Lucrosa Method has fake testimonials, and founder’s image – The photos used on their website are from stock images sites.
- Most people who have tried this trading bot claim to lose money – You stand no chance of making any money with this robot.
- Their website is not secured – Safe sites are SSL secured. Without this protocol, data is unencrypted, and hackers can steal it.
Lucrosa Method is a scam trading robot and you should keep away from it. InsideBitcoins investigation reveals that this trading platform partners with scam brokers to steal investors’ deposit. InsideBitcoins analysis of individual online reviews finds a lot of complaints about Lucrosa Methods not allowing users to withdraw their money.
You are likely to lose your money in the first few minutes of live trading if you decide to trade with this trading bot. Lucrosa Method customer service is almost inexistent. Our investigation reveals that they only respond to questions regarding how to make a deposit. Perhaps this is because that’s all they interested in.
What is Lucrosa Method?
Lucrosa Method is a scam trading bot that allegedly helps investors make hundreds of thousands of dollars per month trading crypto. This robot falsely guarantees investors to make over $200,000 per month trading crypto. They claim that their average daily profit is $7,250 for an account with a capital of less than $500. These are shameless lies, and you stand no chance of making a dime with this robot.
This scam robot claims to apply powerful computer algorithms to scan the markets for trading insights and to execute trades with nearly 100% accuracy. InsideBitcoins investigation finds this robot completely inaccurate. At least 90% of users who have tried this platform report losses.
We could not establish whether Lucrosa Method has a legit trading algorithm or is just a frontend that tricks investors into signing up with sham brokers. However, all evidence point to the latter. This self-proclaimed robot is nothing but a platform used by scammers to steal your money. Lucrosa Method does not offer a money back guarantee. Once you make a deposit, you cannot withdraw it.
Who founded Lucrosa Method?
In a video on their website, a person by the name John Lucrosa claims to be the founder of this app. We conducted a deep background search and did not find much about this person. The only information available points out that he is a seasoned scammer.
We analyzing the introduction video on their website, we found a lot of contradictions from this self-professed crypto guru. At the beginning of the video, he states that the app can help investors make an average of $7250 per day and $210,000 per month.
Later on, he claims that he is giving the people who watch his video a bonus of $600 on top of their deposit and from this amount they are guaranteed a profit of $14000 per day. He further mentions that investors are guaranteed to generate a million dollar per month with the trading app. These claims are not only false but also ridiculous. No trading robot in the universe can generate such huge amounts with a deposit of $250.
We recommend that you read our review of Bitcoin Code, which is according to users one of the best trading bots in the markets today.
Why you should not trade with Lucrosa Method
InsideBitcoins gives Lucrosa Method a legitimacy score of below 10%. This means that this trading bot is nothing but a complete scam. Additionally, we find this trading bot to be very risky. Their website and web-trader are unsecured and therefore prone to hacking. Here are some of the reasons you should keep away from this trading robot.
InsideBitcoins legitimacy score of below 10%
InsideBitcoins gives Lucrosa Method a legitimacy score of below 10%. This is among the lowest in the reviews we have done. Our rating system takes several factors into account including transparency, genuineness, consistency, reputability and customer service. Lucrosa Method scores poorly on each of the above-mentioned metrics.
False claims and testimonials
InsideBitcoins investigation reveals that the information and users testimonials on Lucrosa Method are false. This trading bot claims to make investors millionaires through crypto trading with an investment as little as $250. Moreover, John Lucrosa, the man behind the app makes contradicting statements about the app in a video on their website.
We conducted an in-depth search about this person and did not find any information suggesting that they are experts in the crypto industry. As mentioned earlier, the only information available about this person is that he is a seasoned scammer with various pyramid scheme-like platforms. InsideBitcoins has also established that the people who give testimonials on the video above are actors. Some of them appear on Fiverr as video freelancers.
Poor online feedback
Most people who have tried this trading bot claim to have lost their money. InsideBitcoins investigation reveals that you are likely to lose all your money in the first few minutes of trading with this bot. Additionally, Lucrosa Method won’t allow you to withdraw your money if you decide to opt out of trading before live trading. There are also a lot of complaints about their unresponsive customer service.
InsideBitcoins investigation reveals that the customer service on this trading bot disappears once you make a deposit. This is typical of most scam trading bots since they are only interested in getting your money. We also found a lot of complaints about the accuracy of their trading platform with most reviewers doubting its legitimacy.
Unsafe website and trading platform
InsideBitcoins finds Lucrosa Method website and trading platform highly insecure. Their site is not SSL secured which means that hackers can access users’ data. Secure Socket Layer (SSL) is a protocol that ensures safe web browsing by encrypting all data transmitted through it. Without SSL encryption, hackers can intercept and read users data.
Lucrosa web-based trading system is also insecure, and we suggest that you keep away from it. First, without the SSL certificate, it is highly likely that hackers can steal your password and access your account. Secondly, InsideBitcoins has determined that Lucrosa Method keeps clients billing details which means that your billing information is at risk of getting stolen by hackers.
Safe data practices require companies to securely dispose of customers’ sensitive data after use. Organizations must also only collect the necessary data and have concrete measures in place to protect this data.