Making profits in cryptocurrency trading can be quite a difficult affair especially if you are not very well experienced with cryptocurrencies. In addition, the crypto market is more fluid compared to the markets of other financial instruments like forex.
Actually, to manually trade cryptocurrencies, you will have to dedicate a lot of your time on the charts trying to analyze the markets. Okay, you might say that technical indicators are there to help! But even with the technical indicators, a human being will still take time to place a trade after a signal is generated. Also, at times emotions take a hold of the trader making him/her make wrong trading decisions.
However, you don’t have to worry anymore because you are not experienced with cryptocurrencies, or because you do not have a lot of time to trade. There are of crypto trading robots, like Bitcoin Profit, being developed by experts.
The crypto robots enable even novice traders to make profits despite their little knowledge about trading cryptocurrencies.
Is Bitcoin Profit legit? Or is it a scam?
There are lots of crypto applications that are a scam but Bitcoin Profit is not a scam. It is a proven crypto trading robot that has enabled very many traders to realize their dreams by making profits for them.
From their platform and the availability of a demo account to test the application for an unlimited amount of time, it shows that the application is surely not a scam.
However, you should still be very keen to avoid falling into the hands of scammers with fake Bitcoin Profit websites or any other bitcoin bot for that matter.
How does Bitcoin Profit work?
Just like any other crypto trading robot, Bitcoin Profit uses a complex algorithm to gather data and information about the history of the market so as to predict about the future of the market and also identify probable entry points.
Once a trading opportunity is identified, the robot goes ahead and places trades respectively.
The main advantage of using this robot is that it is able to act very fast on trading signals thus maximizing the profit margin.
How to start using Bitcoin Profit app
To gain access to the services of Bitcoin Profit app, you will need to register for an account with their platform. The registration process is normally quite straight forward.
Below are the steps to getting an active account with this robot:
STEP 1: Registration
If you visit the official Bitcoin Profit webpage, you will see a ‘SIGN UP BELOW’ dialog box on your right-hand side. To sign up, you will have to fill in your names, email address, and phone number. You will also be required to set your password. After filing in these details you are automatically assigned a broker.
However, not all countries are allowed and if your country is not allowed, you will not be successfully registered.
Your account dashboard will look like below.
Note that the auto trading is by default set off.
STEP 2: Test the robot in the demo account
Activate your demo account and first test the application before proceeding to deposit your funds. Testing the robot will help you determine if the robot is something you want to use or not.
STEP 3: Deposit
Once you are satisfied that the robot works, you can go ahead and deposit funds into the account. The minimum allowed amount of deposit required is $250 USD.
There are a number of payment methods allowed. These methods include credit cards,Western Union, MerchantPay, Sofort, TrustPay, SafePay, and GiroPay.
STEP 4: Activate auto trading
On the right-hand side, you will see a red button just below auto trading. Click on it to activate an auto trading mode where the Bitcoin Profit robot takes over all the trading activities and trades on your behalf.