Good grief! Have you heard the saying ‘If you believe this, you will believe anything?’ Well, this fraud site is aimed at those people who believe anything. The site where the fraud can be found at is Criptorobot.com. Notice the spelling error which the site owner deliberately made when they use the spelling Cripto robot. If it was legit, we believe they would not be so unprofessional so as to desperately try to capitalize on gullible investors who make typos while looking for the domain Cryptorobot.com. All in all, this website looks shady and we will give our reasons in the next few sections of this review and we hope you will make the right decision once you are done with this review.
The questions we want to address is what is Cripto robot? And why does the owner use misleading marketing tactics? And lastly, where is the proof that Cripto robot is a product that can be trusted? Yes, the site owner claims that you can try it for free in for at least 30 days. But we strongly believe that costs are involved in form of deposits that you will make with their affiliated broker.
At the moment, we have no idea who owns and operates this platform. The sales page claims that we can earn 1 Bitcoin every day as long as we are using Cripto robot but is there some truth to this statement? Can the owner of the site justify this statement with hard facts in form of trading performance that can be verified independently? We believe there is no proof and hence you should just take this as a marketing gimmick.
The sales page claims that Cripto robot has a success rate of 92% and that 95% of users are satisfied. Before you believe these figures, you need to ask yourself whether these numbers can be verified. If Cripto robot has a win rate of 95%, we need to ask where the proof is because for them to come up with these numbers, they must have studied this app carefully and took note of the numbers. So we want to see where exactly these numbers were documented. If this information cannot be provided, then we can say it is safe not to include this app in our list of highly recommended trading bots for Crypto currencies.
In terms of how it works, the sales page makes the following statement: ”CriptoRobot is a very powerful tool composed of neural networks, which analyzes in real time the price of the main crypto currencies in the main exchanges and based on the evolution of the prices along with the news feeds, makes investments with high success rate and profitability.” You have to notice that this statement is quite generic in nature and someone who really wants to know how this app works cannot deduce and determine how exactly this app is supposed to work.
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In terms of costs, they claim the following: ”You can try the tool for 30 days WITHOUT COST, we will not ask you for any payment information to subscribe, once you have passed the trial period, it depends on the plan you choose, the basic to operate only with bitcoins costs $197 per month, you can subscribe once past the trial period.”
Once 30 days have elapsed and investors wish to continue using the app, they are told to pay through a variety of means which include Credit Card, Paypal, Neteller or Bank Transfer among others. The sales page also addresses the number and variety of Crypto currencies that the bot trades. They make the following statement on their website:
”Currently there are hundreds of cryptocurrencies, but the reality is that only a dozen of them have value, so CriptoRobot ONLY works with cryptocurrencies that have value and will have it in the future, such as bitcoin, bitcoin gold, bitcoin cash , ethereum, ripple, dash, littecoin, etc.” When asked how powerful this bot is, they claim the following: , ”CriptoRobot uses the latest blockchain technology to perform its operations and from the first day the user can have positive benefits.”
To be honest, we have no idea which trading strategy is being used in this bot. The description of how it works is so shallow that we cannot figure out the specifics.
The sales page of Cripto Robot throws around a lot of numbers. But we need to see that they are being backed up with facts for instance. They claim that the bot has a success rate of 92%. First of all, you need to realize that there is no trading bot that can have that win rate. If that was true, there would be no need to put up a cheap sales page and offer internet users a chance to use this bot as well. The owner would be satisfied making their own money without involving others in this. But since they are offering subscription, it simply means that the 92% win rate is just a made up story.
Since there is no trading performance to show us that indeed this robot has that kind of win rate, it is safe to assume that this is a fake story.
There is currently zero feedback regarding this bot which makes us wonder how this is possible when the developer claims one can get rich overnight with this app. It is not possible that this app can be making people rich overnight yet it has no user feedback to give evidence of the same. This app is not even being discussed on the popular trading forums like the FPA. So how can we trust that the owner is telling the truth?
Even if there is a 30 day free trial, we don’t encourage serious traders to use tools such as Cripto Robot. There are better tools that serious traders can use. It is clear that this app is a scam and the broker they are affiliated with is helping them achieve that mission.
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