Bitcoin Trader Review

Today cryptocurrencies became a major investment asset class, and their popularity is growing. The major surge in Bitcoin, Ethereum and other altcoins in 2017 attracted many individual investors who made good profits during the bull run. However, cryptocurrency trading still presents a good opportunity to make money in a volatile market, as we will show you in this Bitcoin Trader review.

Thanks to technological development, now even beginner investors can have access to automated investment tools such as trading robots. For example, Bitcoin Trader is an automated trading system that allows investing in cryptocurrencies on autopilot.

Essentially, it is a computer program that analyses the market 24/7 and makes short-term price moves predictions. The computer then executes trading orders on your behalf, completely removing the human element from the investment process.

You can, of course, adjust trading settings and leave the trading robot to do the rest. Many individual investors report creating an additional income source with automated trading robots such as Bitcoin Trader. They claim they can generate at least $3,000-4,000 profit per month in moderately volatile market conditions.

So is it possible to start investing in cryptocurrencies and make money with no prior experience? Can you automate the process, and are trading algorithms reliable? We have completed this Bitcoin Trader review to answer these questions and provide an in-depth analysis of this crypto trading robot. 

Learn How to Make $3k per month with Bitcoin TraderLearn How to Make $3k per month with Bitcoin Trader

Bitcoin Trader Review – Platform Features

Trading robots such as Bitcoin Trader are designed to perform technical analysis on the market and predict short-term price moves in Bitcoin and other cryptos. The computer then takes a trading position, holds it concisely (seconds or minutes), and closes the trading position as soon as the profit target per trade has been reached. It is essentially a day-trading strategy that allows profiting from both up and down moves: the more volatile the price, the better.

That is why cryptocurrencies make a perfect asset class for day trading. In addition, Bitcoin Trader typically makes a large number of smaller trades aiming to improve trade accuracy.  Bitcoin Trader is also reportedly using AI and Big Data to improve its trading strategies and overall performance.

Bitcoin Trader has an intuitive design and user-friendly interface with only the most important functionality on the dashboard. It makes the Bitcoin Trader trading robot an ideal option for beginner investors with no prior experience. Once you adjust your trading settings, all you have to do is press Auto-Trade, sit back and relax. You can monitor your positions occasionally and adjust trading settings if required, but the algorithm will do all the trading.   

Another reason Bitcoin Trader has been extremely popular among individual investors is because it works in conjunction with the CFD brokers. CFD, or Contract for Difference, is a popular financial instrument that allows you to bet and make money from the price moves without owning an underlying asset. When trading CFD, you only need to put enough money to cover the potential price move or spread and not pay the full price.

With Bitcoin Trader, you can start investing in crypto with as little as $25 per trade and a $150 minimum deposit. In addition, while you only need to cover the spread, you can benefit from the full price upside, which makes Return on Investment with CFDs considerably higher. But it is also important to about the risks involved and not to invest more than you are prepared to lose. 

Bitcoin Trader works with some of the best CFD brokers and automatically connects you to your country’s best available broker. As we wrote this Bitcoin Trader review from the UK, we got an account with Quantum Capital, a CFD broker registered in the European Union. It is a specialist cryptocurrency broker that offers an advanced trading platform and several digital assets to trade. It also offers an elegant and easy to use trading platform.

You can earn money through a systematic approach to cryptocurrency trading with a trading bot such as Bitcoin Trader.  You will have access to state-of-the-art charting tools, fast trade execution, precision-based spreads, low margins, an intuitive and simple trading interface.  

How to Start Investing with the Bitcoin Trader?

So, what do you need to start investing in Bitcoin, Ethereum, Litecoin, Ripple and other altcoins on auto-pilot? First, you have to open an account with Bitcoin Trader. You can open the account in 3 easy steps.

Step 1 – Open Free Account

All you have to do to register with Bitcoin Trader is to provide basic details such as your full name, email and telephone number. You will receive a confirmation email and also a call from the Bitcoin Trader client representative. Make sure that you provide the correct number so you can finish the account setup and deposit promptly.

A Bitcoin Trader client representative will take you through the account opening process, determine your trading experience and will help to deposit funds with the broker. Before depositing and withdrawing funds, you will need to complete the AML and KYC process, but this should not take too long.

Once you register with Bitcoin Trader, you will be able to log into the trading room. As you can see, the interface is easy to navigate. In addition, you can access a demo account to see how your trading might look in real-time and also get an understanding of how automated trading works before investing real money.

Step 2- Deposit Funds

As we mentioned before, to start trading, you will need to deposit funds with Bitcoin Trader. You can transfer USD, EUR or GBP using Debit or Credit card, bank transfer, EFTpay or iPay payment systems. You can also use Bitcoin and Ripple to deposit funds with the broker. The system will connect your account to the Bitcoin Trader, and you finalise the account set up online or by speaking to one of the client service representatives.  

Step 3 – Adjust Trading Settings and Start Investing

As the last step, you will have to adjust the trading setting such as Trade Amount, Take Profit, Daily Take Profit, Daily Stop Loss, Maximum Daily Trades and Maximum Concurrent Trades. You can also choose which currency you want to trade, Euros or US Dollars. Once the deposit has been made and trading settings are defined, you can start trading.

Press the Auto-Trade button, and Bitcoin Trader will start trading via the CFD broker. You can monitor your positions regularly, but you won’t have to do anything else to trade.

Bitcoin Trader also allows testing its trading strategy in the real-market environment with $1,500 in virtual cash for new users. We have been traded for about one and a half hours and achieved a $1,075 trading profit. We consider this to be a good trading result during moderate price volatility. We also think it is possible to achieve up to $4K in profits per month with minimum investment and manageable risk. 

Can I Make Money with the Bitcoin Trader?

That is the question everyone is asking about Bitcoin trading robots, and in this Bitcoin Trader review, we will try to answer it. Automated trading is generally designed to profit from price volatility, and traders can typically be open for a few seconds, minutes or sometimes longer. The more volatile the price is, the more often it goes up and down, the better for the traders. That means they can take many positions and profit even from small price swings.

Given the price volatility of Bitcoin, Ethereum and other altcoins, cryptocurrencies make it a good place to make money, and many individual investors are reporting good profits. But, of course, all your crypto trading strategy has to make more winning trades than losing ones to make money.

But you also have to remember that it is impossible to make money in trading all the time, especially if the price is only decreasing. So it all depends on the trading algorithms and how the trading strategies are designed.

Automated trading strategies are the most kept secret in the investment community and are usually not publicly disclosed. If everyone follows the same strategy, the competitive advantage disappears, making it more difficult to make money. That is why most trading robots affiliated with the CFD broker do not disclose their trading algorithms.

It is reported that Bitcoin traders can make on average 1-2% profit a day or 25-30% monthly. But, of course, it depends on the broker and the trading signals they use. So we always suggest starting with relatively small amounts to test crypto brokers and their trading algorithms.

Then, once you get more comfortable with trading and understand how your strategy is performing and the profit, you can top up your game and deposit larger amounts.

Bitcoin Trader Review – Is it Scam or Legit?

In the wild and unregulated crypto market, there is still a lot of shady market participants. You can hear about many scams and that people lost all their money on Bitcoin. That makes many people sceptical about cryptocurrencies. But it is important to remember that one of the main reasons for that is that people don’t educate themselves enough to understand how things really work.

You can not expect to make a great fortune as a Bitcoin Trader without taking any risk. However, as long as you understand the risks of trading in general, educate yourself and never invest more than you are prepared to lose. Then, you can study and become good at cryptocurrency trading.

Our experience with the Bitcoin Trader robot was positive, and we have not seen any substantial negative reviews. Additionally, some unhappy customers lost money with the system glitch bot, and there were no scam reports. 

The only potential downside about Bitcoin Trader is that not all its CFD brokers are regulated. However, we do not see it as negative, as many other CFD brokers specialising in cryptocurrency trading are the same. It is important to remember that cryptocurrencies are the new asset class and are not yet covered by traditional financial regulators.

As the industry matures, we will see more reliable market players entering the market and offering new and interesting solutions to the crypto world. In addition, in many jurisdictions, laws do not require crypto trading companies to be regulated, which helps the industry develop and grow faster.

However, it is important to remember that cryptocurrency trading is considered to be what is called “high-risk” money activity.

Please don’t invest more than you are prepared to lose, and always try to educate yourself to understand the market and trading platforms. 

Bitcoin Trader Review – Our Verdicts

So what is our conclusion after completing this Bitcoin Trader review? This cryptocurrency trading robot is very similar to Bitcoin Code, Ethereum Code, Bitcoin Revolution, Bitcoin Evolution and is one of the most popular trading robots among individual investors. The trading platform is simple and easy to use, and the account opening process is straightforward. Our experience with Bitcoin Trader was positive, and we can recommend it, especially to beginner investors. 

The CFD broker seems to have a good and modern trading platform, appropriate security systems and fast execution speed. In addition, while it is not regulated, we have not seen negative Bitcoin Trader reviews, which give us additional confidence in this broker.

Account opening and deposit processes are easy, and you can start investing in Bitcoin pretty much immediately. It is also effortless to set up your trading strategy with no technical skills required.  

You can start investing with as little as $25 and adjust your trading strategy to risk appetite. But even with the moderate initial investment and risk controls, many investors can generate up to $5K in monthly profits than to Bitcoin Trader trading robot.

Of course, you need to remember the risks involved and not invest more than you are prepared to lose. Bitcoin Trader offers a stop-loss feature, so you can always put your trading on hold if the market turns against you. 

We have not seen any negative reports or scam alerts and, based on our experience, can recommend Bitcoin Trader as a reliable trading robot. We would also be interested to hear from our readers about their experience and trading results. So if you used Bitcoin Trader before, please send us a direct message or leave your feedback in the comments section below. We would love to hear from you! 

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