Trading robots have now become common trading tools. They have been in use over the past years in the conventional financial markets though they weren’t available to the average investor for quite a long time.
Though the robots were not used to trade cryptocurrencies in the past, they are not swiftly making inroads in the field. Many crypto exchanges have opened the markets to investors giving cryptocurrency investors the opportunity to access the market directly. Also, there has been the evolution of CFD cryptocurrency trading which gives the traders a more flexible way of trading cryptocurrencies.
However, when you transfer your funds to a third party, whether it is a trading software or an asset manager, there are always risks involved since the security of your money now belong to the third party. The risk is higher with cryptocurrencies since they have not been around for a long time and chances of getting fraud are very high.
There many crypto/bitcoin robots, like Bitcoin code, Cryptosoft, and many others being released every day. But the rubber meets the road when it comes to checking for the real genuine trading bot.
Is Bitcoin Investor legit? Or is it just another scam?
There is little known about Bitcoin Investor bot. It is a new crypto trading robot and you will actually need to do a lot of research to even come across its official website.
We specifically found out that there was no demo account and that is not good for a crypto bot. You will need to test everything before investing any money.
Though not reviewed by many traders and investors, there are no major claims that bitcoin investor could be a scam or fraud in any way. However, it is always advisable to go for proven crypto trading bots like Cryptosoft and Bitcoin Profit.
How the Bitcoin Investor Works?
There is again little known about how the robot operates and the only thing that can be found on their website is “Invest in Bitcoin now and you can earn $7,245 daily”. The process of getting there is not explained.
However, we would turn a blind eye and assume since it is a trading robot, it is only the program and of course the programmer that know what really happens behind the scene.
You are only required to make an initial deposit of 250 euros for you to start using the robot. The robot then takes over the whole trading process. It is responsible for analyzing the market, pacing trades and also closing the trades.
Want a Bitcoin Investor account? Here is how to register
For you to use the services of the bitcoin investor trading robot, you will have to open an account with them and also fund the account.
Below are the steps to follow to get an active account with bitcoin investor platform:
STEP 1: Create your account
If you visit the official Bitcoin Investor website, you will see a dialog box on your right-hand side written ‘Start Now’, where you are supposed to fill in your details. It will actually walk you through three simple steps.
STEP 2: Testing the robot
Before going further with the account you should first test the platforms and learn how it works. At the same time, you should determine whether t is profitable or not.
STEP 3: Deposit
Once you are satisfied that the platform works according to your anticipation, you can go ahead and deposit funds.
The minimum amount of money that you can deposit for the initial deposit is 250 euros.
STEP 4: Activate auto trading
After funding the account you can go ahead and activate auto trading so as to enable the Bitcoin Investor robot to take over trading.
The most unfortunate thing with Bitcoin Investor account platform is that there is no demo account where you can test the platform before investing your money. So, you are forced to blindly deposit your money hoping all will be well.