Bitcoin is the most successful cryptocurrency project around the globe to date and investors are still rushing to invest in it due to its potential. There are even prospects that bitcoin could be adopted by governments in the future to replace paper currencies.
Even despite the recession that is currently affecting it, its value is still too high compared to the rest of cryptocurrencies. And taking into consideration that in 2017 its value had hit $20,000 per coin, then buying it now could translate to huge profits if the coin is to regain its lost glory which it is very much capable of doing.
They are regulated. Every user of the cryptocurrency network has a say on the value of the cryptocurrency, which makes the value very fluid.
However, bot developers since they have come up with a number of bitcoin trading bot like Bitcoin bonanza, CryptoSoft, and others, which trade on behalf of the traders and make profits for them.
Bitcoin bonanza is one of the latest bitcoin trading robots to be released. It claims that it was developed by John Trueman, though little is known about this developer and it is even hard to tell if at all it is a real person or just a name.
According to the developer, the robot takes over the whole bitcoin trading process. It analyses the bitcoin market, identifies the perfect entry points, places orders and even closes the orders without the help of the trader. The work of the trader is to set up the robot and then collect the profits afterwards.
In researching Bitcoin Bonanza we were unable to find any parties who claimed to be owners or founders of this. This lack of transparency raises greater questions on the authenticity of the service, and may make some believe that it could be a scam.