Amabit is allegedly a Telegram bot for trading Crypto currencies. The bot can be found on a site called amabit.biz and it promises a total return of 140% in 14 days meaning that the author is suggesting 10% daily returns. It is described as the most convenient tool to use in short term Bitcoin investments. It is allegedly run by a team of experienced traders who will multiply your Bitcoins easily if you trust them with a minimum of 0.001 BTC. All you need to do is make a deposit to the address providers by the operators of this site in order for the bot to start multiplying your Bitcoin. They claim that the team is always investing in Crypto currencies and looking for new ways to increase profits for their members.
But we obviously have problems with this operation. First of all, the owners of Amabit are anonymous and cannot guarantee us any returns because this is like any other investment. Investing your money in the Crypto currency market comes with risks just like with any other investment operation. There is no way they can guarantee a 10% daily return. In fact, this is a lie. It is a lie you will hear from scam websites and therefore we are going to consider it a red flag. If these people could generate 280% monthly return from their bot, they would be secretly investing and making money without involving the general public. That we can assure you. But since they are desperately asking everybody to invest, it appears as if the only way through which they make money is by taking advantage of your deposit. There are no returns to be made. But the owner of this website is definitely going to make money at the end of the day, provided people remain ignorant.
If you want to learn why Amabit is the worst scam and lie out there, keep reading this review. In the meantime, the best and most legit trading bots for Crypto currencies can be found here. Take advantage of this opportunity while it lasts.
We will start with the basics. Amabit’s background is not crystal clear. For example, we do not know whether this is a company or an independent website operated by a sole entity. Moreover, we do not know their trading experience in Crypto currencies. It would have been better if they introduced themselves to the people they want to invest for. But this is not the case. The team (which they claim are working as traders and analysts) are 100% anonymous, which is exactly what we do not want to see. In fact, you cannot imagine donating your funds to someone who cannot even prove their trading background. It is even more risky to invest into an anonymous trader who can only offer guaranteed returns but their professional track record is nowhere to be found.
By the way, if you look at the promised returns, you realize that these numbers make no sense. 10% daily returns is an impossible figure to gain in Bitcoin trading. They are not making it reasonable and this is one of the many red flags which you will find on this website. Amabit does not explain their trading methodology and yet many investors would want to know how the bot trades the market before they can ever send their money to these crooks. You see, it would boost investor confidence if this information is laid out for everyone to read on the website. But as it currently stands, the admin does not mention the strategy which they are using to trade and make the alleged daily returns. In fact, don’t be shocked to find out that there is not Bitcoin trading bot involved at all.
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We strongly think that if indeed a Crypto trading bot was involved, the admins would have provided more information with regards to what the robot does and how it trades the market. They would have also told us how the bot makes entries into the market. The reason this information is missing is because Amabit is nothing serious. You will soon find out when you make a deposit into their private Bitcoin wallet.
Amabit is a very obvious scam. You don’t need to be told that it is a scam to begin seeing it. There are many reasons why this site cannot be trusted. Number one reason is the inflated profits which they are touting on the site. This is meant to lure the unsuspecting investor who has probably never invested in Bitcoin before. If you have never traded Bitcoin, you need to research and find out what estimated returns you can earn in a month if your money was being invested by an experienced trader. However, you should not think for a second that you can earn 280% monthly returns from a Bitcoin trading bot. This is not realistic at all. Many legit investment operations can do 19% monthly returns but will never double the invested amount in a duration of one month.
Amabit is operated anonymously and this is a sign that we are dealing with an anonymous operation. You do not want to invest in a project that is managed by anonymous people who can only provide you with a Bitcoin deposit address. They simply want to scam you and the safest way to do it is to hide behind the internet while making promises to try luring the unsuspecting victim into making a deposit.
As it currently stands, Amabit has not provided any proof of income. They have also not persuaded us to invest with their fake robots because they clearly don’t have performance proof for the last couple of months. This would have helped us gauge the effectiveness of this bot. So this is definitely a scammer’s thing.
There are bots that you can use for trading. But Amabit is just a scam. If you want to trade BTC, please make use of these legit bots.
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