Bitcoin Millionaire 2019 Test & Review
At the end of 2017, almost every financial market investor had heard of the famous bitcoin cryptocurrency whose single coin was going for almost $20,000. At the time, the cryptocurrencies had boomed so much that every investor was looking for the best investment strategy that could earn them enough money in the fastest way possible.
And even today, though cryptocurrencies are in a recession and less promising than they were two years ago, they still hold a lot of potential and investors have discovered new ways of making money from them. Contrary to the past where people only exchanged the cryptocurrencies and exchanged them for fiat currencies to make profits, today investors and traders can trade CFD cryptocurrencies.
What is Bitcoin Millionaire?
Technology has grown so rapidly that traders can now have robots trade for them. You will most likely come across names like Bitcoin Millionaire and Cryptosoft if you are interested in automated crypto trading. However, this has brought in a lot of risks especially the risk of scam crypto bots. And it is very hard to identify the genuine robots from the scams since the market is now flooding with their suppliers.
Bitcoin Millionaire claims to be a cryptocurrency trading robot that automatically enters and closes trades on behalf of a trader.
Our Recommended Robot to Try Out
Whilst we would recommend you staying away from the above robot, there are robots that are trustworthy. Below is a step by step of Bitcoin profit, a robot that we have tried and tested and found that it is not a scam. Signing up to this robot is simple, it consists of 3 steps; signing up, depositing and the start trading! The instructions below will give you more information, you can click the link below to get started.
Step 1: Registration
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.
Step 2: Deposit
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 Profit offers several payment methods, with card payments being the most popular.
Step 3: Auto-trading
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.
Is Bitcoin Millionaire legit? Or is it a scam?
The question of being genuine faces every trader looking for a crypto trading bot. Bitcoin Millionaire promises very high profits, which may seem absurd even if it is possible to make extra-large profit margins in cryptocurrencies due to their volatility. But you will have to be very precise and of course very lucky. For instance, if you had invested in bitcoin let’s say in 2008, by the end of 2017, you would have profits in the range of six-figure digits.
However, with all said, it is hard to determine if Bitcoin Millionaire is a serious crypto bot or just a scam. Even logging in into their platform does not work at all making testing extremely impossible. We would recommend that you consider registering with an alternative crypto trading bot like Cryptosoft.
How does Bitcoin Millionaire work?
Apart from the claim that Bitcoin Millionaire makes of making free money for its users, it was quite difficult to test and even get any information on how the robot operates.
We could only assume that just like any other crypto trading robot, the robot places trades automatically and also closes them automatically without the help of a human.
But due to lack of sufficient information on the robot, we would recommend you go by our earlier recommendation of choosing another crypto bot instead.
We recommended that you open a cryptosoft trading account instead of Bitcoin Millionaire account since Cryptosoft is much better renown and proved compared to the Bitcoin millionaire app.
You sure don’t want to lose your money to scammers. So, you better take your money where you are sure it will be secure.
Whilst we would advise you staying away from this robot, check out our favourite robot or choose from other alternative robots below.