Bitcoin Profit Review: Is the Robot a Scam or Not?
Bitcoin Profit is a well-known platform for automated cryptocurrency trading. It is a so-called trading robot, ie a software that handles trading with the help of smart algorithms, with the aim of making a profit. Since the crypto-currency trading market is still young, there are great opportunities to make money if you know what you are doing.
When it comes to bitcoin robots, or other trading robots on the market, questions often arise about whether or not it is a scam. In this article, we go through Bitcoin Profit and answer the question: is the robot a scam or not?
Can You Trust Bitcoin Profit?
The short answer to that question is: yes! Just Bitcoin Profit is a robot that occurs frequently when people search for robots in crypto trading. We have tested ourselves successfully and see no reason not to trust the program. In addition, there are many reviews on the web where users have reached the same results as we, so it clearly sounds promising.
In this article we go over the details of how we tested Bitcoin Profit and our assessment of its credibility.
Our test of Bitcoin Profit
We have tested Bitcoin Profit and make the assessment that the robot works and that it is not a scam. We came to this:
- Easy to use – The software is very easy to understand and get started with and requires no prior knowledge.
- Successful – The trading robot has a very high conversion rate, it manages to make a profit in a large part of all the buying and selling transactions started.
- Risk – Cryptocurrencies can be very volatile, which makes it wise to start with a small deposit of around $ 250.
- High Profit Share – When we tested Bitcoin Profit lived up to our high expectations and delivered profits in over 90% of all trades started.
How to use Bitcoin Profit?
Getting started and using Bitcoin Profit is easy. Here is a short step-by-step guide:
Step 1: Register
The first step is simply to register. This is easily done by filling in your name and contact information. Choose a password and keep it safe for future use. Once the account is created, you will be linked to a broker. It is with this broker that you handle the payments, and then be able to start trading with Bitcoin Profit.
Click here to go to Bitcoin Profit.
Step 2: Make a deposit
When you click through to deposit you will reach the broker’s website, via a window for secure payments. You choose how much you want to deposit, with the minimum choice of $ 250. You can choose from a variety of payment options:
- Card payment (Visa or MasterCard)
The more you are willing to invest, the greater the opportunities to make money. However, we recommend that you start with a small investment of $ 250, so that you get to know the program and not risk too much in the beginning.
Step 3: Start a demo account
Bitcoin Profit offers the opportunity to start a demo account. You can do that even before you make a deposit if you want to try the software first. With the help of the demo program you can discover and try out the various functions that are available in the software itself.
When you start a demo account, you get 1,500 in “pretend money” to use for automated crypto trading. With a simple click, you put the robot to work and can monitor the trade from your computer.
Step 4: Start a live account
When you feel ready to trade for real, you can start trading live. With the money ready to be put to work, you quickly get started with a click on the “Auto Trade” button in the dashboard.
There you can constantly see the history of your trade, you can deposit money, withdraw profits or fine-tune different settings. Currency trading is done in so-called currency pairs, which also applies to trading at Bitcoin Profit. For example, you can shop:
- BTC / USD
- ETH / USD
- XRP / USD
- LTC / USD
Or between different cryptocurrencies against each other. At Bitcoin Profit, the following cryptocurrencies are available for trading:
You can adjust several things through the settings in the trading platform. You can choose the amounts your trades should be made with, how many trades to make, stop loss limits, or profit collection limits. Once you’ve set up the robot the way you want it, you’re ready to get started and start making money from cryptotrading.
Pros and Cons of Bitcoin Profit
There are many benefits to using Bitcoin Profit to trick cryptocurrencies. Here are some benefits we found:
- Simplicity – It is very easy to use the platform of Bitcoin Profit. Although the software is very advanced, no prior knowledge is required to use it. The layout is very intuitive and it is easy to get a good overview of the various functions available.
- The success rate – Bitcoin Profit has a very high degree of success, which we also proved in our own tests. Over 90% of all transactions are made with profit, which is very high, even for a robot of this kind.
- Demo account – Because you can start a demo account, you can easily try and familiarize yourself with the program before you risk any of your own money. In this situation you will also receive guidance and can learn lots about cryptocurrencies and what it is like to trade with them.
- Customer service – At Bitcoin Profit you always have access to customer service. If you need help or have any questions, you can quickly get support from the chat via the chat feature.
Is it possible to make money through Bitcoin Profit?
We know from experience that the answer to this is: yes! Bitcoin Profit has many good reviews, but some skeptical comments also occur online. We chose to try it ourselves and were pleasantly surprised. Furthermore, when we completed our test, it was quick and easy to get the money out, so we are convinced that it is not a scam.
However, we would like to point out that we only tested doing business for relatively small sums. There are many stories on the net that sound absolutely incredible, where people write that they have earned hundreds of thousands of dollars with the help of Bitcoin Profit. We cannot confirm this, and in the name of truth it may be a little exaggerated. But there is no doubt that this trading robot can make money.
Our recommendation is to try carefully and start by depositing the lowest amount. This way you can build up your trading portfolio yourself and eventually start earning larger sums, without risking too much from the start.
Here is a brief summary of our conclusions after testing Bitcoin Profit.
- The program works and both deposits and withdrawals go quickly and smoothly. The platform itself is easy to understand and there is no problem getting started.
- Many people claim that they have earned very large sums from using Bitcoin Profit, something we cannot confirm yet.
- We know that there is great potential in this type of investment, and we have seen results with over 90% in profit levels on closed trades.
- We recommend that you start with a smaller deposit if you are a beginner, since trading in cryptocurrencies has high volatility.
Yes, in our tests we achieved success in over 90% of our trades.
No, trading at Bitcoin Profit is based on money transactions with many different currencies. The users do not need to be the direct owners of Bitcoins in order to compete with them with us.
No, the program itself does not require any prior knowledge about cryptocurrency or Bitcoin. It may be an advantage to acquire some knowledge for the serious trader, but that is not a requirement. The robot handles the trade and you who invest only need to review the settings and choose your own risk level. It’s more difficult than that!