What is Bitcoin?
Bitcoin is a software-based online payment system described by Satoshi Nakamoto in 2008 and introduced as open-source software in 2009. Payments are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency.
What Is BTC Robot?
The BTCRobot is based on the principle called 'hedging'. Forex traders are well aware of this term. It refers to the process of buying and selling at the same time. Since the method is profitable 99% of the time most Forex brokers prohibit traders from 'hedging'. Using BTC Robot to trade bitcoins is a wise decision, as there are no additional fees, no recurring fees, no holidays, and no vacations. BTC Robot works continuously trading 24 hours, 7 days a week! BTC Robot is automated and active 7 days a week, monitoring market trade places for good Bitcoin prices all the time. Once the BTC Robot sees a true opportunity to buy Bitcoin cheap, it does! So in short BTC robot monitors the market, buys and sells bitcoins instead of you - works on autopilot. Robot software is located on VPS cloud hosting and its online and available for 24/7.
You can choose between 3 different packages (Silver, Gold and Platinum). None of them is really cheap and you need to keep in mind that you also need some extra money which will be your investment. You can start with as low as $100 of investment but we suggest you to invest at least $300 - $500. Good think is that market is open for 24/7, 365 days a year so your BTC robot can trade anytime. This is not any of the quick "get rich" scheme so don't expect insane profit but if everything goes according to plan you can earn some extra money with very little effort. Infact with no effort at all. Once you have everything set and you deposit your money you can just check your statistic from time to time.
I also read some other reviews and comments online and there are some who wrote really possitive comments and reviews about BTC Robot and there are of course others who are not so impressed by this robot and some who call it scam as well. Personally I don't think this BTC robot is a scam or anything like that but the real truth is somewhere in the middle. Once you will pay for this robot you will receive access and everything as promised. I also believe there is a lot of work and logic behind this robot. You can't expect to win it all the time as long as there are more wins than loses then it's ok. There is a lot of factors on the market so nothing is really sure. Even if you trade by yourself with all the knowledge you can fail as well. Like we said it's not really cheap but if you can miss $500 or $1000 you can try it by yourself. You will not become rich over night but there is a good chance you will earn some cash without any work.
Trading (Our experience):
Choosen plan: Gold plan ($248 value)
Our investment: 250 EUR (around $330)
Time period: 3 weeks
Not a lot of action. First we lost around $6 but soon we earn around $25 + some other trades
Weekly profit: + $32 (274 EUR)
Starts very good but then 3 loses. First we earned around $28 and then $12 but then lost $14 and $11 + some other trades
Weekly profit: + $14 (285 EUR)
Some small trades some positive some negative. Nothing significant but at the end of the week there was a small profit.
Weekly profit: + $9 (291 EUR)
So at the end we earn 41 EUR in 3 weeks which is not a lot but still this is almost 20% of initial investment which is not bad at all. Maybe we had luck but these are the true numbers.
- no work needed (once setup everything works on autopilot)
- good website, good documentation
- it works for us
- easy to install and use
- high prices
- support could be better
- lot of others experiences losses