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 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.
This term could be assumed to mean a normal person who invests in bitcoin, which is true. But in this contest, Bitcoin Investor claims to be a bitcoin trading robot.
In researching Bitcoin Investor 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.
Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password. Signing up is completely free, click the link below to get started. Once signed up, you’ll receive a confirmation email and will need to verify your account.
Once into your account, hit the deposit button to get started. You will need to deposit the minimum amount, which is $250, and we’d recommend not going over this on day 1. Start small and grow. Bitcoin Investor offers several payment methods, with card payments being the most popular.
Once you have funded your account, you will need to decide the trade settings you intend to use. This includes managing your risk by determining your stop loss and take profit limits. You can also decide which cryptocurrencies you want to trade and how many you want to trade at once.
I can’t believe I’ve taken so long to get into online trading. The software basically runs itself! I go to work and when I come home my trading account has gone up another couple of thousand. I spend about half an hour before bed to just check on my accounts and that’s it! I honestly don’t need to go to work anymore, except for the fact that it gets me out of the house. Plus, I find I’m better at my job now that I’m not there for the money.
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.
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.
Choosing a crypto bot can be quite hard especially if the robot you are looking at has very little information and the only option left is to test it yourself. There are sure lots of scams out there, but there are also genuine crypto trading bots.
Though Bitcoin Investor seems to look good, we could not clearly determine how profitable it really is. There is no demo account to test and if you want to risk your money, then you could go ahead. But if you want to choose an alternative, then there are several verified crypto bots out there that you could try instead.