Bitcoin Evolution is a forex and crypto trading robot founded in 2016. The robot is fully automatic and claims to be highly profitable. A $250 account with Bitcoin Evolution is said to generate up to $200 in profits per day. Moreover, some traders have reported making up to $1000 per day with a deposit of $500.
While these claims sound great, is this robot legit or not? In this review we will analyse thousands of user testimonials and the Bitcoin Evolution website and platform to find out whether this robot is worth your time.
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
What is Bitcoin Evolution?
Bitcoin Evolution is a trading robot which claims to rely on the world best trading technologies to trade cryptocurrency pairs with high profitability. Bitcoin Evolution allegedly speculates on the price movements of cryptos and fiat currencies. With this robot, you can trade significant cryptos such as Bitcoin, Ethereum, Litecoin, Dash, Ripple, Monero, and many others. Moreover, you can trade all the major fiat currencies to include USD, EUR, GBP, JPY, AUD, CHF, CAD, and NZD.
The cryptos are tradeable against each other or the fiat currencies — likewise, the fiat currencies pair against each other or cryptos. Bitcoin Evolution applies an advanced and allegedly highly profitable trading technique known as high-frequency trading (HFT). This approach to trading is characterized by high speeds, high order to trade ratios, and high turnover rates.
Bitcoin Evolution is fully automated, and henceforth no technical input is required from the user. Consequently, you do not have to be a professional trader to use this robot. All you have to do to start trading is to open an account and switch on the live trader.
It is important to note that Bitcoin Evolution is known by many as a high risk, high return robot. What this means is that there is a likelihood of making losses when trading with this bot. As a result, do not trade with money you cannot afford to lose.
Is Bitcoin Evolution Legit? CryptoVibes findings
How does Bitcoin Evolution work?
Bitcoin Evolution makes trading decisions by analyzing market big data for insights. The robot claims an accuracy level of at least 90%, meaning it is supposedly profitable in every nine out of ten trades. Bitcoin Evolution claims that its algorithms perform these functions within microseconds hence making it possible to profit on nearly any opportunity that present.
Also, like other leading trading robots, Bitcoin Evolution comes with a risk management feature. This feature enables traders to specify the amount of capital they are willing to risk per trade. You should avoid risking more than 10 percent of your capital per trade.
Risking more than 10 percent is likely to get your trading account wiped out if the robot makes a few wrong trades. Maintaining your risk per trade at 10% will give you room to recover in the event of a stream of losses within a short timeframe. Even with an accuracy level of 90%, it is possible to make several consecutive losses. A single loss can be devastating if the risk per trade is above 50%.
Bitcoin Evolution trades on the leverage of up to 1:1000, meaning that both profits and losses are magnified up to one thousand times. The high leverage, coupled with the advanced technologies in AI and ML is what makes it possible for this robot to reportedly generate such huge profits.
STEP ONE: Create an account
Visit the Bitcoin Evolution homepage and fill your name and email in the form displayed on the right side corner. Click next and create a strong password as instructed. Submit your phone number and verify it together with your email through the provided methods.
We determine a safe signup process by establishing the measures undertaken by a robot to safeguard users’ privacy. Bitcoin Evolution site has encryption, and they have a policy stating that they never share users’ data with third parties without permission.
STEP TWO: Connect with a regulated broker
Bitcoin Evolution then automatically connects you with a robot broker with the regulation in your jurisdiction. The robot broker’s role is to take deposits and facilitate transactions.
We have investigated the brokers listed as Bitcoin Evolution partners and determined that they are trustworthy. A good broker should have adequate regulation and a proven track record. Legit robots will always partner with reputable brokers.
STEP THREE: Deposit a minimum of $250
You need a trading capital of at least $250 to trade with Bitcoin Evolution. We strongly suggest that you start small and grow your account via reinvestments. Starting small will give you space to learn about trading trends and make the most out of the bot.
You can fund your Bitcoin Evolution account via Wire Transfer, Master Card, Visa, Neteller, WebMoney, Skrill, and Bitcoin. Deposits are free and take less than a minute to reflect on the user trading account.
STEP FOUR: Demo and live trading
After the deposit, you will be able to access the demo and live accounts. We suggest that you start with the demo before going to a live account. Demo trading with Bitcoin Evolution involves running the robot on historical data. Consequently, the results of a demo account to some extent reflect what you will get during live trading.
Live trading involves setting up risk management features and clicking the live button. You do not need to be a professional trader to do this. Bitcoin Evolution comes with a guide to help you through the setup process.
The Bitcoin Evolution robot should be operating for 8 hours per day. Also, ensure that you switch off the trader at the end of each trading day. It is also advisable that you lock in profits if you do not intend to reinvest them. Remember that reinvestments come at increased risk since you may lose the earned profits.
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
How to make the most of with Bitcoin Evolution
You need to be patient to be able to master the trends that work best with Bitcoin Evolution. The following are some tips to help you get the most out of this robot.
- Do not risk more than 10% per trade – Risking more than 10 percent of your capital per trade when trading with Bitcoin Evolution can result in your account getting wiped out. A lower risk per trade gives you more time to recover losses and maintain profitability.
- Follow market news – Keep in touch with the latest in the crypto industry and observe how Bitcoin Evolution responds to events. This will help you determine the best trading sessions and take advantage of them. Remember that Bitcoin Evolution claims to make more money during periods of high market volatility.
- Run the robot consistently – Bitcoin Evolution advises users to run the robot for 8 hours per day. This should not be a problem given that Bitcoin Evolution is fully automated. You need less than 20 minutes per day to monitor your trading account.
- Trade the US markets – The US markets are the most volatile when it comes to cryptos and forex. Your robot should be running during the hours when it is daytime in the US.
Read a review of Bitcoin Rush for another trading robot.
Bitcoin Evolution Review: Verdict!
We find Bitcoin Evolution to be trustworthy according to reports. Moreover, it is easy to use for all types of traders, including complete beginners. All you have to do to start trading through Bitcoin Evolution is to register on its website, make a deposit, and click the live button.
While Bitcoin Evolution is allegedly highly accurate, it can result in losses. Therefore, only trade with what you can afford to lose. You should start with $250 and growing your account slowly via reinvestments. Like in all other high-return robots, there is a significant risk in trading with Bitcoin Evolution. Do not trade with money that you cannot afford to lose.
*Remember all trading carries risks and you shouldn't risk more then you can afford to lose.
Is Bitcoin Evolution legit?
Bitcoin Evolution looks legit, however don't risk more than you can lose as trading is risky.
Is Bitcoin Evolution risky?
Bitcoin Evolution has been named as a high risk, high reward robot. Consequently, there is a chance that you will make losses through the robot. For the record, this robot claims an accuracy level of about 90%.
How much can I earn with Bitcoin Evolution?
Bitcoin Evolution can reportedly generate up to $1500 per day from a capital investment of $500 or less. Your earning potential with this robot allegedly depends on how much you invest.
How much do I need to trade with Bitcoin Evolution?
You need at least $250 to trade with Bitcoin Evolution. You should not trade with an amount you cannot afford to lose.
Does Bitcoin Evolution have withdrawal limits?
No! Our investigation shows you can withdraw all your money whenever you need it. Bitcoin Evolution does not charge any withdrawal fees.