Is Bitcoin Billionaire a Scam software? In this review of Bitcoin Billionaire, we will investigate whether this bot is legit based on hands-on experience, a background check of information on their website, and an analysis of feedback from people who have tried this bot.
Bitcoin Billionaire is a fully auto robot and can, therefore, be used by anyone. The founders claim that they provide one of the best tools for making a passive income online. According to the official Bitcoin Billionaire website, all you have to do is register and deposit the minimum amount, and click the live trading button to make money.
While Bitcoin Billionaire App is allegedly highly accurate, it is not without risk. Consequently, only trade with an amount you can afford to lose.
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
What is Bitcoin Billionaire? Review Overview
Bitcoin Billionaire App is a high-frequency trading robot for the crypto market. This bot allegedly makes money by speculating on the rise and fall of cryptos against each other and also fiat currencies. The Bitcoin Billionaire claims that their tool allows users to profit from both the rising and falling prices.
High-Frequency Trading is a technique that involves placing extremely large orders with supersonic speed. Bitcoin Billionaire underlying brokers provide leverage of up to 1:1000. This means that traders can place orders worth up to 1000 times their trading capital. For instance, a trader with a deposit of $250 can place trades worth $250k.
Bitcoin Billionaire platform allegedly uses advanced technologies in artificial intelligence and machine learning to derive insights from big data. According to Bitcoin Billionaire App, these two technologies ensure high accuracy in decision making given that they enable the robot to improve itself as it interacts with data.
Bitcoin Billionaire claims to be equipped with algorithms for both fundamental and technical analysis. The robot can allegedly read news and tweets from authoritative sources and make corresponding trades.
Bitcoin Billionaire reports having a win rate of 90%. According to Bitcoin Billionaire’s website, the robot is profitable in at least nine out of every ten trades. This is similar to leading trading robots such as Bitcoin Trader who claim to have a win rate of up to 95%. Read a review of Bitcoin Revolution to find out more about this alternative to Bitcoin Billionaire.
How Does Bitcoin Billionaire Software Work?
As mentioned earlier, Bitcoin Billionaire is a fully automatic robot. This tool is not only popular with professional traders but also ordinary people looking to trade cryptocurrencies online.
When you register and deposit with Bitcoin Billionaire App, you will be redirected to their web-trader. Here, your roles include pressing the trade button and withdrawing any profits you may have made. You will also be given an option to define your risk appetite by defining the amount of capital you are willing to risk per trade.
As a beginner, we recommend you do not deposit more than $500. Beginning with a little capital gives you time to learn how the bot reacts to different market events. With this knowledge in mind, you are able to determine the best trends and avoid those that lead to big losses. The following are the steps to creating an account and trading with Bitcoin Billionaire.
Register On The Bitcoin Billionaire Official Website
We find Bitcoin Billionaire to be trustworthy given that they only collect the necessary personal information. Furthermore, their website is SSL protected to ensure that hackers cannot access users’ data in the event of a cyberattack attempt.
The registration process also includes password creation. Bitcoin Billionaire only accepts passwords that are 8 to 12 characters long, have special characters, numbers, and small and capital letters. A strong password is the number one most important cybersecurity measure.
Get Matched To A Broker
After registration, the robot automatically connects you with a broker. The role of the broker is to receive deposits and also facilitate transactions. Legit robots only partner with well-regulated brokers.
Upon investigation, we can confirm that Bitcoin Billionaire partner brokers have proper regulation. The majority are overseen by the FCA, ASIC, FSB, and CySEC. These four are the world’s most revered regulatory bodies.
An adequately regulated broker is required by law to segregate deposits and submit periodic reports detailing how the funds are used. Consequently, the broker cannot use your money for any other purpose other than the intended one.
Deposit A Minimum of $250 With Bitcoin Billionaire Account
You need a minimum deposit of $250 to trade with Bitcoin Billionaire. We recommend that you start small and grow your account gradually through reinvestments. Starting small will give you peace of mind to learn how the robot responds to different trends hence avoid losses.
Bitcoin Billionaire accepts deposits through credit and debit cards, Wire Transfer, Skrill, WebMoney, Neteller, and Bitcoin.
Trade With a Bitcoin Billionaire Demo Account
After depositing, you will gain access to the demo and live trading accounts. We suggest that you start with the demo to familiarize yourself with the live web-trader.
Bitcoin Billionaire demo account has all the features you will find in the live trader. Moreover, it relies on historical data for back-testing hence the results you receive through it do not reflect what you get in live trading.
Go To Live Trading With Bitcoin Billionaire Platform.
Bitcoin Billionaire’s live trading platform is highly intuitive. Live trading involves defining your risk appetite and clicking the live button. Risk is defined by the amount of capital you are willing to risk per trade when compared to the return.
Bitcoin Billionaire does provide a guide to help you set the risk features. The risk per trade should never be more than 10 percent.
*Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.
Is Bitcoin Billionaire Legit? Cryptovibes Findings
How To Trade With Bitcoin Billionaire
While Bitcoin Billionaire is fully automatic, there are several things you can do to make the most out of this robot.
- Let the robot run for 8 straight hours per day – Bitcoin Billionaire claims that best returns are achieved when trading for at least 8 hours per day. During these 8 hours, spare at least 20 minutes to monitor your account.
- Do not leave trading sessions open overnight – Close all your trading positions at the end of each trading day. Remember that leaving the software running overnight is likely to result in slippage.
- Follow market news – You need to follow market news and observe how the robot reacts in different market events. This will help you know the best time to open trading sessions. You need to keep an eye on Bitcoin since it acts as the barometer of the whole crypto industry.
- Do not over-risk your trades – As mentioned above, do not risk more than 10 percent of your capital per trade. We say 10 percent because many resources report that trading robots are on average 10 times more accurate than humans. Manual traders are always advised not to risk more than 1 percent of their capital per trade.
Final Thoughts on Bitcoin Billionaire App
Bitcoin Billionaire appears to be a legit robot. However, there is a significant risk of trading with it. You should only trade with an amount you can afford to lose. Just remember that trading is risky.
Click the button below to get started with Bitcoin Billionaire.
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
Is Bitcoin Billionaire Legit?
According to our investigation, Bitcoin Billionaire appears legit. It is a popular robot with a reportedly good record.
How Much Can I Make With Bitcoin Billionaire?
According to their website, the earning potential with Bitcoin Billionaire is endless but not without risk. Only deposit what you can afford to lose
Can I withdraw my profits from Bitcoin Billionaire?
Yes! Bitcoin Billionaire allows users to withdraw their money whenever they want. Fill the withdrawal request form and wait for up to 24 hours.
Is Bitcoin Billionaire App Safe?
Bitcoin Billionaire appears to be a safe robot. Its platforms are encrypted, and it has GDPR compliant.