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Cryptohopper Review: Is It a Scam Crypto Bot?

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Cryptohopper Review: Is It a Scam Crypto Bot?

Cryptohopper Review Update 2023: The website is STILL ACTIVE and has so far failed to deliver in terms of a friendly interface and customer base.

Note: Here are the pros and cons of using reliable crypto trading bots that deliver in terms of sustainability.

Advantages of crypto trading bots (Tested and Tried)

Here are the pros and cons of using verified crypto trading bots;

  • Accuracy

With crypto trading robots, the accuracy is high with most of our recommended trading robots hitting over 80 percent profit margin.

Accuracy is key when choosing a profitable cryptocurrency trading robot as it helps create a better understanding of what to expect.

Go for reliable cryptocurrency trading robots that offer higher accuracy and have been tested by experts.

  • Safety measures

These robots come highly secure and ensure they are compatible with any and all devices. You get the best in terms of protection.

Other trading robots may become unstable if they engage for long, not robots on our expert-recommended list.

Try SMARD today, it is a bot designed for crypto traders and investors which uses advanced algorithms to profit from market fluctuations. No programming or trading knowledge is required to start. The algorithm relies on momentum effect strategies to systematically identify market winners. Below are the key reasons why everyone loves Smard.club:    1. You get up to 5% average monthly return on your starting capital.    2. The 10% monthly service fee is charged from your profits only. They don't make money unless you do!      3. You can start with as little as $1000 in your exchange account, meaning that you just need to connect your existing exchange (or open a new one) with Smard and begin trading right away!    4. No upfront payments for the service.    5. It's a smart way of investing in your favourite crypto coins - btc/altcoins, hurdling them while at the same time growing their values through auto-trading instead of just buy and forget.   Operating through API keys, SMARD ensures secure connections without requiring fund transfers to third parties. No upfront payment or card linking is needed. Try Smard today and see the real potential of your crypto portfolio, no upfront fees to pay!

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  • Dependable

These crypto robots are dependable and offer traders much-needed investment opportunities when it comes to matters of trading.

A dependable robot is one that helps promote the very best out of trading. Make sure to get these as part of the reason for purchasing a crypto robot.

  • Favorable performance

The robots indicated offer or meet the 80 percent threshold of ROI which makes them the world’s best when it comes to trading.

You would want a broker that hits out at the best in class when it comes to forex trading. Go for reliable robots that do perform well in the market.

About Cryptohopper

Cryptohopper is a trading bot that is operated by  Cryptohopper BV and claims to function with a number of popular Cryptocurrency exchanges. The Bot was launched in 2017. The owner claims that this algorithmic technical-based trading robot is compatible with various Cryptocurrency exchanges and can automatically buy and sell coins for profits. What traders want to know is whether Crypto Hopper is a legit trading bot or just a scam. We have made it our job to present this factual review to you so you can make your own decision regarding the trading bot in question.

Crypto Hopper Review

The website Cryptohopper.com is where the trading bot is hosted at. The developer claims that Cryptohopper was designed to present traders of all experience level with holistic and convenient trading solutions. It eliminates emotions in your trading, and thus you are able to make informed decisions every time the robot buys or sells Cryptocurrencies on your behalf.

Cryptohopper is basically made of a number of trading indicators which work in tandem with pre-programmed trading approaches in to make profits. As Cryptocurrency traders, this bot is intended to make work easier and more fun.

The one thing that we have identified with this bot is that it offers a free trial as well which users can take advantage of before making financial commitment. Cryptohopper is allegedly compatible with up to 75 different coins. However, this depends with the plan that an investor will choose.

cryptohopper

Crypto Hopper is solely a web-based application. It can work on any internet enabled device such as a PC, Mobile device, tablet etc.

At the moment, Crypto Hopper is working with various exchanges namely Kraken, Bittrex, Poloniex and Binance. However, CryptoHopper also says that they will soon introduce other Crypto exchanges as well. For now, investors can only work with the available ones.

How users can trade with this robot

One of the key features of this robot is that it is easy to get started with. Users can allegedly start trading in just under a minute. Unless a user embarks on the free trial, the only option is to choose one of their subscription models and choose a broker which they will then sync with the Hopper. For that reason, the Cryptohopper requires that the user sets up an account with any one of the supported Crypto exchanges.

The moment installation has been completed, the linking with these Crypto exchanges can begin. Once this is done, the user is supposed to have unlimited access to the Cryptohopper trading bot.

Since it is web-based, the user can access their dashing board to view their trading positions, performance reports and other things such as manipulating trading conditions to suit the circumstances.

The user is supposed to determine a fixed amount that they will use for every position that they will hold in the market. They can also include a take profit and stop loss levels which are functions that will be automatically executed once those levels have been reached.

Investor portfolio can be accessed through the dashboard area of the Cryptohopper. This way, they can view a detailed performance of their portfolio. In addition to this information, they can also view a detailed history of the different coins and their relative performance statements as well.

Basically, the dashboard area is supposed to serve all the relevant information in one spot.

What trading approaches does Cryptohopper offer?

Cryptohopper alleges that there are a number of dynamic trading approaches being offered here. It basically targets traders who want to experiment with various approaches before they can finally find their ”sweet spot”.

The dashboard enables traders to customize their trading approaches according to their liking. If one trading approach doesn’t help as much, they can always shift to another trading approach or even customize the current approach to suit their needs.

The problem with having a vast array of choices to choose from is that inexperienced traders run the risk of making a lot of mistakes before finding out what works for them. In the meantime, they will have lost a lot of money during these trials.

Cryptohopper is also making use of educational videos and posts to help their users learn how to best make use of this trading bot. Whether or not they find this information helpful is something we cannot confirm at the moment.

However, we were still able to find hints of the existence of a Cryptohopper community. This community is allegedly active with people who claim to be using this robot. They allegedly share their trading ideas and settings with one another. But the truth is that if a setting is working for one particular trader, there is no guarantee that the same settings will work for another.

Backtesting

Back testing is also available on this platform as well. Cryptohopper is providing this feature to let traders see how their investments would have fared on in the event that they placed their trades back in time. The problem with backtesting though is that the results that trades get can never be replicated. Back tests are only good for the history. Most traders complain that robots that are sold based on backtested results will never perform the same when being tested on a live market. So this is quite a concern here.

Where does signals come from?

For Cryptohopper to function properly, signals have to be generated from somewhere. The website claims that their signals are generated from an external source and that they are constantly manipulating trading performance in relation to trade history so they can make this bot perform at its best.

The bottom line is that we are yet to see people who have actually profited from the use of Cryptohopper.

Our best advice for you

Cryptohopper sounds like a good idea. However, the way we see it is that it can be quite involving, plus traders must already have some experience before using it effectively. Are we saying this is a scam? Not at all. But is possibly going to cost a lot of time in trial and error. The best way to go about this matter is to make use of these bots because they were designed for both newbies and expert traders and are free.

2 Replies to “Cryptohopper Review: Is It a Scam Crypto Bot?”

  1. × Alert!
    • - Can't withdraw your funds from this fraudulent company?
    • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
    • - Or is there an excessive delay in processing your withdrawal?
    • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

    It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:


    Click the button below, fill out the form to recover your lost funds from this scam company


    Click Here To Recover Your Stolen Funds

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