Here’s another scam robot by the name Crypto Coins Bot. You want to gamble your $250 until it’s $0? No problem, this generic model will achieve that goal on your behalf. Sorry if we sounds a little bit sarcastic. That is what happens to any gullible investor who thinks that getting rich can happen overnight. There is no such thing as trading on auto-pilot and making a lot of money in a short duration. That is definitely not trading but something else. Anyone who tries to convince you that their software never losses any trades is a liar and a scammer.
Let’s explore what Crypto Coins Bot Scam intends to do to your trading experience. You’ll be shocked that this robot is all about trading and losing money in the process. We have already seen its working, and we can assure you that there is nothing to marvel about.
It has forced us to do a review on the aforementioned robot to warn individuals who might come across it and consider using it. If you want to trade with a robot that can best handle your Cryptocurrency trades, this link has the best robots in the industry. For any other robot, avoid wasting time and money.
This very ”profitable trading bot” was designed to trade Bitcoins, Ethereum and Ripple. But how much does this profitable trading tool cost? It costs nothing. That’s quite weird.
So it means that there is something wrong. There is a hidden agenda that we probably do not know about. We will be explaining this later on.
Unfortunately, such a generic trading robot is very common. It has been used for the last 2 years to scam traders online. It just shows up under different names each time scammers want your money. It is the same robot that was used in Bit Invested and Robot Crypto Trading scams.
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It has brought about a lot of losses in the past two years. Believe it or not, there are tons of user feedback on this trading robot. These users claim that they were persuaded to use it and so they ended up with losses.
We have also noticed that the software is very vicious in the sense that it sometimes ships with a demo account on board. This demo account is very misleading because the developers are using fake price feeds and giving false results for each trade that the software takes.
These profits are fake and can never be demonstrated in a real trading setup. Crypto Coins Bot isn’t the culprit here. The main culprit is the person behind it who opted to use a generic scam robot to make money off the ignorant investor.
If you visit the landing page where this software is being promoted, you will see a list of alleged recent trades. This list does not change. It always shows that the software has a 100% win rate since no loss has ever been recorded. However, we know very well that this is not possible. It would be completely insane to have a software that is so intelligent that it trades and wins all positions.
Such a robot would cost and arm and a leg. The average trader would never afford its license. Therefore, this trade history is fake and cannot be trusted. Moreover, the vendor did nothing to verify these results via a third party. We cannot believe dubious trading records.
For those who do not know, this robot might come across as advanced and profitable. However, for those who have traded before, this robot will look like a cheap dirty scam because it is recycled. To find out whether this is a cloned version of the numerous scam robots for trading Cryptocurrencies, just check its operations. It uses 3 money management strategies that scam robots use. These are generic strategies that add no value to what the robot is doing. On top of that, it is using too common indicators that can be freely found on any charting solution. Time frame suggests that Crypto Coins Bot is a regular binary options software that can also trade Cryptocurrency pairs. Can we say that this is an advanced trading bot? Absolutely not.
Scammer are all too careful not to reveal who they are. We are 100% sure that the reason why the owner of Crypto Coins Bot is anonymous is because they don’t want want to get into trouble with people who they scam. They want their reputation to be as clean as possible. They also don’t want to accept responsibility. As you can see, this type of robot has been categorized as a scam because it offers investment services. It should be licensed. Otherwise, it remains a scam, and nothing can change this fact.
The truth is that the owner of this software does not have any trading experience. Equally, it appears that they do not have any programming experience. What they are offering is a re-branded version of a too common binary options software. It is a white label.
Therefore, all they need you to do is to fund your account with one of their unregulated brokers. This way, they will earn a commission. The robot will trade on your behalf and lose whatever deposit you put in.That is a sad situation to find yourself in. We all agree.
So far, we see that this is just a ploy to make you deposit some money with the broker. There is nothing legit about this robot. The website does not even have any content that can add value to what we already know. Equally, the owner is anonymous, which makes us wonder whether they have a secret agenda.
If you want to make profits with Bitcoins or any other Crypto, you should be using these robots. This is the only advice we can give you.
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