Bitcoin Billionaire Review
At the time of preparing this Bitcoin Billionaire review, cryptocurrencies are approaching their all-time high and many individual investors are thinking about taking advantage by investing in this highly profitable asset class.
Bitcoin proved to be the most profitable asset class ever, but at the same time, it is extremely volatile, and not everyone can stomach such price swings. Luckily, with technology development, ordinary people can start investing in Bitcoin and others altcoins on autopilot.
Such automating trading systems actually have been around for years and are mainly used in traditional forex markets by professional traders.
But today, people with no experience in trading can join the cryptocurrency trading game and start investing with as little as $25. Bitcoin Billionaire is one of such trading robots, and today we will answer the most common questions that our readers are asking.
How do trading robots such as Bitcoin Billionaire work? Can I make money with a trading robot such as Bitcoin Billionaire? Is this trading robot scam or legit? In this Bitcoin Billionaire review, we will try to answer all these questions so you can decide for yourself is it worth giving it a try or not.
First, let us explain what trading robots are and how they work.
Bitcoin Billionaire Trading Robot Features
Cryptocurrency trading robots such as we cover in this Bitcoin Billionaire review are automated trading systems that allow you to invest in Bitcoin, Ethereum, Ripple, Dogecoin and other popular cryptocurrencies on autopilot. The computer program runs technical analysis on the price charts and depending on the technical indicators, and it predicts the short-0term price moves and places buy or sell orders.
The trading positions are held from a couple of seconds to minutes or hours but never left overnight. The algorithm will close the trading position and pocket the profit as soon as the target profit per trade has been reached. And if the trade is going against you, the program will exercise a stop loss and close the position.
The objective of the trading robots such as Bitcoin Billionaire is not to make a large profit on each trade but to make many small trades and have more winning trades than losing ones on average.
So even if you lose money on 49% of your trades and make a profit of 51% of your trades, you will still close the day with a profit. This is the beauty of having a computer program trading on your behalf.
Another distinct feature of the trading robot that we discovered in this Bitcoin Billionaire review is that it allows you to invest in Bitcoin, Ethereum, Litecin and Ripple using Contract for Difference, also known as CFD. The main advantage of CFD is that you don’t have to buy the underlying asset and therefore pay a full price.
With CFDs, you only need to put enough money to cover the difference in price move or spread. For example, with the Bitcoin Billionaire trading robot, you can start investing in cryptocurrencies with as little as $25 but still benefit from the full price upside.
Because of the minimum investment required per trade, the return on investment is also considerably higher.
But it is also important to remember the risks involved and that you should not invest more than you are prepared to lose. If you are new to investing and just making your first steps with cryptocurrency trading, starting with a smaller amount first and using a stop loss feature is better.
Bitcoin Billionaire works with some of the best CFD brokers and depending on your geographical location. The system will connect you to the best available broker in your jurisdiction.
So once you open an account with the Bitcoin Billionaire, it will automatically create an account for you with the CFD broker, so you don’t have to go through this process twice.
How to start investing with Bitcoin Billionaire Trading Robot
As we mentioned before, the main advantages of the trading robots such as Bitcoin Billionaire are that you don’t need to have any experience in trading to start investing in cryptocurrencies with the Bitcoin Billionaire.
The computer algorithm will be trading automatically, and all you have to do is monitor your trading positions occasionally. Another advantage is that you can start investing in Bitcoin with as little as $25 per trade because you are trading CFDs with Bitcoin Billionaire.
So, continue reading this Bitcoin Billionaire review to learn how you can start trading with this trading robot.
Step 1 – Open an Account
First, you need to open an account with the Bitcoin Billionaire by providing your full name, telephone number and email address. Once you confirm your email address, you will be able to log into the trading room. You will also get an account with an affiliated CFD broker opened automatically.
The CFD broker and customer services representative will contact you to help with the account setup. We found this particularly useful as it saved us a considerable amount of time during the onboarding process.
Step 2 – Deposit Funds
Before you can start investing with the Bitcoin Billionaire, you will need to deposit funds with the CFD broker. You can do this by bank transfer, debit or credit card and several other payment methods.
To comply with regulations, you will also be required to complete the KYC process by submitting a copy of your passport and proof of address. Again, this is where the customer service representative was beneficial and helped with the onboarding.
Once the KYC is complete (and for us, it took about 20 minutes), you are ready to start trading with the Bitcoin Billionaire.
Step 3 – Adjust Settings and Start Investing
But before you press the Auto-Trade button, you might want to check and adjust trading settings. For example, you can choose the minimum size per trade, set the stop loss and profit target per day and trade.
You can also choose which cryptocurrencies you want to trade – Bitcoin, Ethereum, Litecoin or Ripple and the fiat currency pair.
We would recommend starting with a minimum investment amount and reasonable stop-loss for those with no prior experience. It is better to familiarize yourself with the trading system first before committing larger sums of money.
Can I make money with Bitcoin Billionaire Trading Robot?
So, the Bitcoin Billionaire trading robot allows you to invest in cryptocurrencies on autopilot. It can also start investing with as little as $25 per trade. It all sounds good, but can you make money with Bitcoin Billionaire? How much do you need to invest, and how much you can expect to make?
First, you need to remember that price volatility presents more opportunities to make money from the price swings. But if the market is falling, it won’t be easy to make money, so it is better to pause and not trade for some time.
Second, regarding expected profitability, many people report that they can generate 2-4% in trading profits per day, or at least 40-50% a month, by using cryptocurrency trading robots.
That is not bad results, and many investors can create an additional source of passive income. Obviously, not every trading day will be profitable, but you should make a profit on average.
Another good thing that we discovered in this Bitcoin Billionaire review is that this trading robot allows you to test its trading algorithm before investing real money. Bitcoin Billionaire provides you with $1,500 in virtual cash and a free demo account so you can test its trading algorithms in a real market environment.
When completing this Bitcoin Billionaire review, we have run a demo trading for about 4 hours and achieved $825 profit over this time. We consider this a good trading result but would also be interested in hearing from our readers what trading results you managed to get with the Bitcoin Billionaire.
Is Bitcoin Billionaire trading Robot Scam or Legit?
We have not seen any scam reports about Bitcoin Billionaire and did not come across many negative reviews. Of course, some people are not happy but have not seen many negative Bitcoin Billionaire reviews, mainly related to slower customer service at peak times.
Bitcoin Billionaire seems to be a legitimate automated trading system, and many people have provided good feedback confirming positive trading results.
Bitcoin Billionaire Review – Our Verdict
After completing this Bitcoin Billionaire review, the overall impression we got was positive. Of course, Bitcoin Billionaire is not a perfect trading system. There are several things that the company can improve. For example, extended ist of cryptocurrencies that investors can trade. Unfortunately, this trading robot doesn’t work with cryptocurrency exchanges.
However, we think that Bitcoin Billionaire serves its main purpose and is one of the best Bitcoin robots on the market. It allows people with no prior experience in trading to join the cryptocurrency trading game and generate some passive income.
Bitcoin Billionaire is ideally suited for beginners, and you can also start investing in Bitcoin with as little as $25 per trade. So if you were thinking to start investing in cryptos but didn’t know where to start – here it is – Bitcoin Billionaire can be the solution you have been looking for.
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