Bitcoin Money Review: A Really Disappointing Scam

Bitcoin Money Review: A Really Disappointing Scam

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In this eye opening review, we present you the Bitcoin Money software, and our analysis already shows that this is a full blown scam. This shady software is supposed to be trading Bitcoin with an accuracy rate of 99.4% but these are the kind of numbers we can’t be too naive to believe. The Bitcoin Money software claims that it will generate over 1K in daily profits. This means that in a month, the software will be making you over 30K in pure profits.

Now, even the best traders out there are not making this much. Unless you are trading with a lot of money and utilizing a quality trading app for Bitcoin, chances that you will make 30K a month is zero. Only hedge funds can make astronomical figures and that’s because they are pulling funds from many investors and using quality automated trading algorithms to do the job. You cannot expect a substandard trading software like the Bitcoin Money software to generate any returns for you.

Bitcoin Money Review

The first problem here is that Bitcoin Money is free and yet this app is supposed to make you a lot of money in a very short time. That is a problem because if indeed this algorithm works, the developer behind it was certainly not doing charity work to spend countless hours creating an app that makes profits only to offer it for free. This is not realistic in any economic settings.

bitcoin money

So Bitcoin Money is free but it claims that it will generate 30k per month. You need to understand that this is not logical. These guys are only targeting the naive category of traders who think the Crypto currency market was designed to pay out profits to everyone even if they don’t have a strategy.

Therefore, such a software is a scam because they are telling us what is not possible with any trading app. As a matter of fact, Bitcoin Money is a very old scam because it operates in a similar manner to many scams that we have reviewed here before. The interface is the same, and so are the settings. Chances are that you have seen this software on the internet before. It is the same app that was used in the case of Bitcoin Secret Loophole and many others.

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This app has a bunch of generic trading indicators which are found everywhere on the trading charts. What happens is that the vendor will force traders to sign up with their recommended broker and fund their trading account with $250. Once that happens, the trader will be given access to the software since Bitcoin Money cannot be activated from an empty broker account. Consequently, this action would force a trader to select the auto trade function which will prompt the robot to automatically trade the trader’s account.

The problem with generic indicators used in software like Bitcoin Money is that they do not work. They follow a concept that is similar to that of gambling, and so trades will be opened randomly as long as all indicators agree that the market is heading towards a certain direction. These indicators lack artificial trading algorithms which means they can’t get better in winning most trades over time.

That is what Bitcoin Money is and chances that you will lose your entire deposit with this app is 100%.

Why use fake testimonials?

How about the testimonials shown on the website of Bitcoin Money? Are they real or fake? There is more than enough evidence that the vendor of this trading app decided to use fake testimonials to fool naive traders. The stories you see on the sales page in support of this app were fabricated and that’s why these testimonials cannot be found elsewhere. This is a common practice among vendors who sell scam Bitcoin trading apps for quick commissions.

These are stock photos and the clients are fictitious as well. It begs the question of whether Bitcoin Money can be real if the vendor does not even have a client that speaks the truth about this shady software.

What’s up with fake trading results?

This is yet another big challenge with many shady vendors who have no proof of successful trading to give them an edge over their competition. These guys are supposed to show us live performance of trading and not fabricated trading performance.

Unfortunately, the table of performance which we are seeing on this site is a script that generates fake text and numbers. There is no way to verify this information and because the vendor never even considered verifying the numbers using a third party verification service, it’s quite evident that they are trying to fool us.

Actually, lack of verified trading results is the number one problem here. Bitcoin Money has exaggerated numbers as advertised on the sales page but if these numbers can’t be verified, then it leaves us with many questions which the vendor is not even addressing.

The Truth

The truth is that Bitcoin Money will force naive traders to deposit funds with an unregulated offshore broker who will then mishandle the trader as they work in tandem with rogue vendors whose agenda is to earn commissions when they send clients over to the trader’s website.

And this is how scammers get their money. They lure you to deposit some funds with these brokers, most of the time it is $250. Once that happens, you will never be able to recover your money no matter what you do. In fact, some shameless brokers will go ahead and ask you to deposit more in order to get your money back. Don’t be involved in this kind of thing.

Our best advice for you

Bitcoin Money is a waste of your time and resources. This is empty hype and the advertised returns are also false because there is no where on the site that the returns were verified. Our best advice is to stick with these Crypto trading apps.You will save your money from scammers.

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