Bitcoin Profit is a trading robot that applies Artificial Intelligence (AI) technology to trade bitcoin CFDs at a supposed win rate of 95%. Anyone can supposedly make up to $1500 daily from a deposit of just $250 when trading with this robot.
But is the Bitcoin Profit software legit and is there a chance of earning the said profits? We have conducted our legitimacy tests on this robot and it appears to be legit.
We will discuss our findings in this Bitcoin Profit review and offer tips to help you try your luck with it. Keep reading or visit Bitcoin Profit website through the link below.
Bitcoin Profit Review: Key Takeaways!
- This robot was founded in 2016 and is one the most popular robots in the bitcoin trading category.
- It is said to have nearly 100k users and at least 10% of these have allegedly managed to make over $1 million in profits.
- You do not need any skill or expertise to successfully use the Bitcoin Profit app. The bot comes with a trading guide that is easy to understand for all.
- Bitcoin Profit software applies AI to research and automatically apply the matching insights in a trader’s account.
- This robot has great reviews on TrustPilot and ForexPeaceArmy. Most of those who try it end up having a great trading experience.
- Bitcoin Profit trades CFDs on Bitcoin. A Contract for Difference (CFD) is a financial derivative that enables traders to speculate on BTC volatility without owning the underlying asset.
- Bitcoin Profit app collaborates with brokers to execute orders and facilitate transactions. These brokers handle all transactions and execute the orders relayed by the robot.
- This robot isn’t risk free. Consequently, do not deposit more than you can afford to lose. A deposit of $250 is enough starting capital for a beginner.
What is Bitcoin Profit?
Bitcoin Profit is a computer program founded in 2017 to help ordinary people take advantage of the great potential in bitcoin CFDs trading.
Since launch, the robot has allegedly helped a lot of users join the millionaires club. The Bitcoin Profit app is accessible from all countries that support CFDs trading. You can try the signup here to determine if this bot is available in your country.
Bitcoin Profit applies AI technologies to perform trading research and automatically place trades. The robot can conduct both technical and fundamental research with a supposed accuracy of 90%.
Fundamental research in BTC CFDs trading involves identifying BTC related news within microseconds of their announcement and taking positions before the markets can react. The Bitcoin Profit software is said to be 0.0001 microseconds ahead of the markets. The robot also conducts technical research, which involves studying thousands of trading charts to identify tradable patterns.
Bitcoin Profit software can supposedly analyze tens of charts within a microsecond and with an alleged accuracy of up to 95%. Technical analysis has a reputation of making winning trades when conducted by a powerful and accurate machine.
Bitcoin Profit relies on Machine Learning (ML) technologies to adjust to the dynamic market conditions. Moreover, this robot can learn from data and improve performance with time. And as stated earlier, Bitcoin Profit is easy to use for all including complete beginners.
How does Bitcoin Profit work?
With Bitcoin Profit, you get exposure to over 60 BTC CFD pairs. You can trade popular pairs such as BTC/ETH, BTC/BCH, and BTC/XRP. Bitcoin pairs that include fiat currencies such as GBP, USD, and EUR are also available.
Crypto CFDs are generally new in the market but are known to come with an extremely high profitability potential. Bitcoin is the most volatile crypto and hence bitcoin CFDs are the most preferred by investors with high risk appetite.
The high potential that comes with Bitcoin CFDs also translates to big risk. That’s why the Bitcoin Profit app seems like a good bet for traders with high risk appetite. Risk-averse investors are better off investing in the traditional low-risk/low-return assets such as mutual funds.
Bitcoin Profit software collaborates with select brokers to perform a number of functions. These include order execution, providing leverage, and facilitating deposits and withdrawals. When you deposit funds through Bitcoin Profit, the money goes to a regulated broker.
Bitcoin Profit brokers are regulated and hence guarantees users of the safety of their funds. Robot brokers also offer leverage to help users take large positions and consequently increase the supposed profitability. High leverage can also magnify losses and hence you should use it wisely. Bitcoin Profit offers a guide to help users manage risk when trading on high leverage.
How to trade with Bitcoin Profit
Trading with the Bitcoin Profit app should be a walk in the park if you can read and follow the provided instructions.
This robot runs on autopilot and hence very little manual input is needed to trade with it. However, you need to observe the trading rules explained in the Bitcoin Profit trading guide carefully to get the best out of this robot. Please note that a small mistake during trading setup can result in devastating losses.
As mentioned above, the Bitcoin Profit platform is only available in countries that support derivatives trading. These are mostly in Europe, Asia, Australia, and Africa. Follow the steps below to start trading with Bitcoin Profit.
You should go to Bitcoin Profit trading website and register a free account through the provided form.
Bitcoin Profit requires all users to verify the personal details provided during registration. Phone and email verification takes place on Bitcoin Profit page while ID verification and proof of address takes place on the partner broker’s page.
All regulated brokers are nowadays required by regulators to adhere to Know Your Customer (KYC) measures. These measures are aimed at reducing instances of money laundering among other financial crimes.
As mentioned earlier, deposit happens at the partner broker’s page. Bitcoin Profit automatically matches users to a local partner broker. It is in partnership with 7 brokers from all jurisdictions of operation.
Most brokers accept deposits through debit/credit cards, wire transfer, e-wallets including Skrill, WebMoney, and Neteller, and bitcoin wallets.
You need at least 250 USD in your trading account to trade with Bitcoin Profit. The partner brokers do not charge any fees for clients trading through Bitcoin Profit.
The Bitcoin Profit app offers a free demo to help users familiarize with their web-trader before going live. The demo comes with all the features of a live account and relies on historical data to simulate real trading.
Consequently, the result you get during the demo gives a true picture of what to expect during live trading. The Bitcoin Profit demo should help you avoid costly mistakes during live trading.
Bitcoin Profit offers video tutorials and guides to help you prepare fully before going live. There is also a 12-page e-book to help you understand risk management when trading with this robot.
This happens at a single click of a button but you need to go through the risk settings before going live.
Risk management should be easy if you have practiced enough through the demo. Bitcoin Profit provides a dedicated account manager to help users prepare adequately before going live. You should take advantage and engage them fully before going live.
Live trading with the Bitcoin Profit app happens at a single click of a button. We suggest that you trade for 8 hours daily to get the most out Bitcoin Profit.
How to increase Bitcoin Profit earning potential
Bitcoin Profit conducts most trading functions automatically but it is the users that define the trading conditions. Here are some tips to help you get the best out of the Bitcoin Profit software.
- Trade between 8:00 AM to 4:00 PM Eastern Time to take advantage of high bitcoin volatility. This time zone tends to bring a lot of volatility in bitcoin given the billions of dollars of bitcoin derivatives traded on New York Stock Exchange. The bourse is open at this time.
- Start small and give yourself time to learn how Bitcoin Profit responds to trends. Investing a lot of money at the beginning is likely to cause anxiety hence leading to poor decision making.
- Do not interrupt trading during the 8 hour trading session. Avoid checking your trading account every now and then since this is likely to cause excitement or anxiety hence tempting you end trading prematurely.
Is Bitcoin Profit legit? Final word!
Bitcoin Profit has a nearly perfect score in our legitimacy tests. We therefore conclude that this robot is likely to be legit. You can try Bitcoin Profit through the link below and update us with your experience in the comment section below.
What is Bitcoin Profit?
Bitcoin Profit is a bitcoin CFD trading auto robot. With this robot, users can bet on popular pairs such as BTC/USD, BTC/GBP, and BTC/EUR.
How much can I make with Bitcoin Profit?
With just $250, you can supposedly get returns of up to $1500 daily. We suggest you start with this amount and only add capital when comfortable with the robot.
Can I withdraw profits from Bitcoin Profit?
Yes! This robot allegedly facilitates all withdrawals within hours. You need to submit a withdrawal request form and wait for a few hours for funds to process.