How Bitcoin Trader Finds The Next Victim
Take a look at these claims made by a so-called “review site”:
Price of Bitcoin is constantly rising… a great way for regular people to invest… great for newbies… and the cherry on top: the brokers behind this robot are going to do everything needed to help you achieve steady results. Come on, we know how the brokers operate and they surely don’t have our best interest in mind. And what about Bitcoin price constantly rising? It is NOT constantly rising and it is NOT a great way for regular people to invest in if by “regular” you mean inexperienced.
On the same website that posted that stellar review, you will find people in the comments praising the results of Bitcoin Trader:
“What a wonderful software Bitcoin Trader is”… yea mmmh. “It has a consistent accuracy… enough to secure financial independence…” yea, totally legit, I believe you guy. And pigs fly.
Dragon’s Den False Affiliation
To make it more believable, these scammers have gone as far as posting their adverts on the BBC and the Guardian, claiming that Bitcoin Trader is the work of two friends who appeared on the popular Irish TV show called Dragon’s Den. The adverts even contained fake quotes from the show’s stars Gavin Duffy, Eleanor McEvoy, and Eamonn Quinn. The material was quickly taken down by the websites but I believe some people still got duped. Beware of Fake News! Check facts.
Andrew Forrest Bitcoin Scam
More recently, fake articles emerged, claiming that Andrew Forrest (Chairman of Fortescue Metals Group) was somehow involved with Bitcoin trading robots and that he endorsed investments in such apps. The scary thing is that the scam articles appeared under the headline “ABC NEWS exclusive” and seemed to be published by ABC NEWS, using pictures staged to look like ABC TV screenshots and tagged as ABC articles.
ABC NEWS (the real one), which is a well-known and respected Australian media organization first launched in 1932 was quick to dismiss the news as “Fake” and urged investors to “exercise caution when reading social media advertisements and articles concerning cryptocurrencies which bear the ABC logo”.
Furthermore, on April 5th, 2019, Fortescue Metals Group released a statement regarding the situation and confirming that “the name, image, and misinformation about the personal life of our Chairman Andrew Forrest have been used to entice people into paying money to scammers.” The company added: “Such scams are abhorrent and we are doing what we can to try and alert people to them”.
Harry Triguboff Fake Cryptocurrency Endorsement
A similar situation occurred with Harry Triguboff: fake ABC NEWS articles claimed that Mr. Triguboff – the founder and managing director of Meriton – is using a cryptocurrency trading app/platform to make his money and that he is about to share a “ wealth loophole” that will make you a millionaire in months.
Google soon removed the fake add (after being alerted to it by The Australian Financial Review) but this all goes to show that you should pay extra attention to all cryptocurrency app endorsements that appear to come from major financial figures or well-known personalities.
Last but not least we have pop-ups. It’s incredibly annoying to surf the web reading or trying to watch a clip when all of a sudden an ad pops in your face telling you that you will be $10K richer by tomorrow. However, some people click on the pop-up, out of curiosity maybe and they end up watching the video, then think “Hey, it’s free so maybe I will try it out” and bit by bit they get sucked into the deep well of lies.
A List of Trusted Bitcoin and Options Brokers
Bitcoin Trader Cost
The website mentions that there is no cost to use the Bitcoin Trader at all. Its for free. This is false actually. The first time you open your account with the brokers, you will have to make an initial deposit of $250. There are little chances that you would be able to recover your initial investments. The only purpose the scammers are circulating such scams is to steal your money. Don’t know how many people have been tricked by the people running the show and their cunning brokers.
This is something which you should be aware of. The testimonials of people who allegedly are the users of the software are all fake. They are not the real users of the software. They are not even traders. The scammers are professional thieves who steal not just your money but also shamelessly use images of people from the internet as well. This is all an old trick which is most commonly employed on fake and scam prone websites. There is no Mark K. , Jennifer A. or Ernest I. who seem to the lucky people living their dreams. Whatever comment you see below their images are nothing more than statements with which the scammers want to trick you.
This Bitcoin trader scam is getting too much viral. I recommend all of my readers to stay away from it as it’s a confirmed scam. Recently, Peter Jones also exposed this scam via Tweet.
At the end of our investigation, we can safely confirm that Bitcoin Trader is a reliable investment solution. According to real users of this app they have managed to generate consistent returns from their investments. They say that the software has helped them achieve their trading-related goals.
Our findings were also satisfactory. We are pleased to announce that Bitcoin Trader is faithful to its members and works to assist them in the best way possible. With a user-friendly interface, professional support service, range of special features and advanced algorithms, this trading system has excelled at building solid customer relations and helping its members attain success in the field of online trading.
If you are a serious trader, you might have heard about Bitcoin Trader. It basically does the same as a trading software but with bitcoin. So, why not trade your bitcoins for profit?
Wait! How it works?
Simple, it’s a trading robot that trade for you. It removes the hassle of manual exchange and allows people to auto trade their bitcoins, which renders them huge profits without any difficulty. One can easily buy and sell their bitcoins on this software due to its user-friendly interface.
Created by Gary Roberts in 2017, it allows users to introduce themselves to trading bitcoins and generate massive profits. In just two years, it has become the number 1 in US Trading Association. Not only this, the platform promises the users some daily profits of about $1300 daily. Isn’t that great?
We understand the fact that anything that has to do with crypto currency is a huge uproar right now and not a lot of people are aware of the benefits of such a trade. This is why we have taken upon ourselves to explain the perks of using Bitcoin Trader in this review. Make sure you read the entire bitcoin trader review to find out everything about Bitcoin Trader, it’s background, it’s utility, it’s risks and everything you should know about before investing.
Bitcoin Trader Scam or Trustworthy?
For the intending investor, we reviewed the application and have clear insights for you. Bitcoin Trader is definitely trustworthy as we traded and made a profit about $178.
Whenever we talk about automatic trading software, we refer to them as trading robots as the whole procedure involved evicts the manual input. Considering this, if somebody asked you to trade bitcoins(btc) on such software, would you just go and do it? Of course not! Every person before approaching such a platform has certain doubts in mind regarding the utility, legitimacy and also if the platform will be able to render profits or not!
While going through some online reviews, we saw that auto trading robots are not to be trusted. Much because these have been invented only recently. But recent inventions are not always harmful, are they?
According to market news, if you trade at Bitcoin Trader, then the signals ensure a return of some 88%. We may continue our perception of being skeptical about the auto trading robots, but this software functions correctly and is certainly not a scam. With proper trade strategies, timing and setting you can make the most out of it.
- Upto 88% Return; higher than market average.
- Not a scam as we tested and made some profit.
Bitcoin Trader Review
We have gone through the registration process, robot functionality and wallet trust while reviewing the app.
You can consider Bitcoin Trader analogous to the calculators. As stated above, it evicts the requirement of user effort. This means that once you can register yourself successfully, half the task is done. We call it a robot for a simple reason that it does all the required research on its own. It finds out the most profitable deal by comparing statistics and renders profits to the investors.
Are you excited now? Well, you should definitely be! But make sure you also acquaint yourself with the risks that are involved in such type of trading. Usually, the transactions are profitable, but sometimes due to an algorithm mismatch, something could go wrong as well. Therefore, we can say that risks, even though very minuscule, do exist.
All you have to do on this software is registration then add balance and setting your preferences. After that, you just need to set the right trade settings everyday which takes just some minutes. Next, you need to activate the auto-trading mode and thereafter the automated mechanism will carry on the process on its own. The best factor is that the software acts like a investor for you. The robots has been well trained to give you much profit by analyzing current market statistics data.
While trading manually, it takes a lot of research and market data keeping chances of the risk higher. Why not let a robot does that work for us ? Not to mention, in the era of machine learning and artificial intelligence, we can predict more accurately. The crypto trading too possible with lots of data and robot. It’s time to use machines and make more profit without being judgmental.