Bitcoin Profit (BTC Profit) – Scam or is it legit? We have been receiving so many emails from our readers over the past few weeks. They all want to know why there is a sudden rush to invest in the cryptocurrency market. It is because this is the best time to trade cryptocurrencies. So many people have become millionaires in as little as one. Sep 11, · There isn’t a doubt in my mind that Bitcoin Profit is a complete scam! It is exactly like dozens of other scams that have popped up this past year trying to take advantage of the Bitcoin craze. If you don’t believe me, you should check out my reviews about Bitcoin News Trader, Bitcoin Wealth Club, and The Bitcoin Code. Feb 01, · BTC Profit Trading Software – Fake Payouts Another telltale sign that there is a scam afoot here has to do with the so called profit payouts displayed on the site. Folks, first and foremost, if the BTC Profit app were the real deal, there would be no need to show these profit payouts.1/5.
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Doest it send traders to unregulated brokers? You should definitely avoid any trading robot or automated trading software which sends their customers to unregulated or offshore brokers and BTC Profit is one of them. These software are trying to attract people with fake unreachable payout or profit claims. It seems that this is just another auto trading scam. Have you been victim of this company?
Did you lose money with them? Everyone does mistakes. After asking you some questions, they will be able to build a chargeback case to fight the company which scammed you and get your money back as soon as possible. But what is a Chargeback? A Chargeback is the retroactive cancellation and refund of a charge made using your credit card. Not a lot of people know that, but there is a high probability of getting your money back when you build a Chargeback case as long as it is built correctly from the beginning to the end.
Using a chargeback service like MyChargeBack may be the only way to build a correct Chargeback case in order to get your money back as fast as possible. What do traders say about Bitboosting?
What do regulators say about Bitboosting? However, my team observed that it is best to trade with Bitcoin Profit because the fast rate at which transactions are completed through Bitcoin Profit reduces the trading risks on the crypto platform.
We also think this is why so many expert crypto traders and investors that we know have chosen to start using Bitcoin Profit instead of all the other crypto trading platforms that are available to everyone. In the following part of this review report, we have written about our Bitcoin Profit trading experience and how we tested all the features of the crypto trading platform. It was easy to get started, all we needed to do was create a Bitcoin Profit account, make a deposit and start trading.
In total, we spent only a few minutes to set up the entire system for our trading needs. We were able to register an account on the site in a few minutes.
This process was simple and quick because the creators of Bitcoin Profit have removed the unnecessary information that make the account registration process longer on other crypto trading platforms.
On Bitcoin Profit, the investor who is about to create an account only needs to provide an account name, email address, phone number, and then they create a password. After creating an account, the information submitted by the user is verified. If everything is in order, the user gets a notification by the email they have registered on the site.
The process of making a deposit on Bitcoin Profit has also been made easy. When we were about to make a deposit we found out that there were so many online payment platforms already active on the site. We were expected to choose our preferred payment platform to make the deposit. We think this is a fair range and the low minimum deposit will encourage more people to start trading with Bitcoin Profit.
The transaction was completed in only a few seconds. When we had the credit in our account, we clicked on the next button to start trading. The first thing we observed at the time we were about to activate the trading robot was that the entire system is automated. After clicking on the button, the trading robot selected the best currency pairs based on the prevailing market trends and our first live trading session started.
We were thrilled that the creation of currency pairs was automatic. It removed the stress of forming currency pairs manually, which is a complex process and we know that many new users will not know how it is done. The trading robot also selected the best settings and started scanning the crypto market to find the best deals.
We observed that when a good deal is detected; the trading robot quickly does an assessment to know the value of the crypto and how much potential profit can be earned when it is bought for the low offer rate. If the chances of earning a significant profit are high, the trading robot secures the transaction and completes it before the market trends change.
We hardly needed to do anything at this stage of the review. The trading system handled the entire trading processes while we sat back to study how the trading process works. We are happy to write in this Bitcoin Profit review that there are no restrictions regarding who can start trading with Bitcoin Profit. The crypto trading system is for everyone interested in making money from the crypto market. We have identified Bitcoin Profit as one of the best means to earn a passive income.
This is money that is earned from a long-term investment, and it does not require manual work. To join us, the investor only needs access to a computer or smart phone, and internet connectivity. That is all, the automated crypto trading platform essentially handles all the other needs and the user can earn a profit from the crypto market every day. We discovered that the trading system had also been simplified to make it easy for everyone to manage their funds on the site.
These are simple features that can be used by anyone. We used the deposit feature on Bitcoin Profit. It is used to make a deposit into an active account before a live trading session starts. The deposit feature works with a simple click, after selecting the preferred online payment platform, we were prompted to enter the amount that we wanted to deposit and next, we clicked a button to authorise the payment.
The developers in charge of managing Bitcoin Profit have added a smart payout feature. It works automatically; we observed that the payout system started working immediately our live trading session ended. A Better Alternative. The Bitcoin Profit system basically claims to be an automated trading system that can allegedly guarantee to generate you profits from crypto-trades even if the value of the cryptocurrency is actually going down rather than up.
But how do you know whether it is going to go up or down? The system looks for trends, detects whether it believes the cryptocurrency value will rise or fall — and then places trades on your behalf. Does it really work? Sadly the answer to that is NO. The Bitcoin Profit system is no different. After all, why would a binary options broker — a broker that only makes money when others LOSE money — partner themselves with a system that will supposedly enable everybody to profit?
And that just proves that the whole thing is a big fat scam. In fact, some of these fake automated trading systems, like the Bitcoin Aussie system which was first released as The Brit Method have actually been put together by the brokers themselves just to trick people into signing up!
Now whilst there are no real ways to make lots of money online without actually doing anything like the Bitcoin Profit system claims the good news is that if you are prepared to put in some work you can actually make good money online — and I myself am living proof of that.
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start. I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work But the harder you're willing to work at it, the more you stand to earn with it. So if you're looking to get started but don't know which route you should go down or which program you should join and don't want to waste money on bogus things that don't actually work , then I'd highly recommend checking out Commission Academy first.
You can learn more about it here. Apparently I have already joined WA, because it says my email is registered but I can find nowhere to log in. Thank you. Thanks for your insight and advice Geoff. Are they part of the scam or being shown that they are being used to illegally endorse Bitcoin Profit? Mel Gibson was on The Project, Aussie tv show and he took up a lot of time speaking about Bitcoin and how it would make you filthy rich like him and that he was apart of this Bitcoin fantasy.
He even showed his phone account depicting loads of cash deposited over 31 days. They asked for my personal credit card as the business credit card was considered money laundering.
Wonder why they would do that? Yes, exactly……..