Bitcoin Millionaire Review 2020 - Is It Worth It?
The cryptocurrency phenomenon is still alive, and more enthusiasts are getting on board. That Bitcoin is more than a half short of historic highs is impressive. The choppiness of the current economic order could be an opportunity for another run at a record dollar price for this digital currency. Hence, the story of overnight millionaires growing from cryptocurrency is still real.
Such an investment, however, is bound to attract droves of participants keen on reaping quick profits. Soon, the market crowds and profits dwindle. An active market is also quite volatile. Although volatility is a harbinger of profitability, it could also denote high risk. What do you in such a situation?
Well, Bitcoin enthusiasts do not have to burden their brains with thinking about this question. Ingenious developers have created fantastic software called trading robots for better, faster, and more profitable trading. Bitcoin Millionaire has been heralded as one of the finest examples of these and in this article, we will be providing you with a detailed review of this popular platform.
What Is Bitcoin Millionaire?
Bitcoin is here for the long haul, and perhaps you feel it is time you tried your luck. You may also have heard about the presence of software that can automate your activities hence making cryptocurrency trading more fun.
Bitcoin Millionaire is such software that its developers assure you it will start giving proven signals just five minutes after signing on. According to the Bitcoin Millionaire website, users can scoop a healthy amount in profits overnight.
Features & Functionality
Who Created Bitcoin Millionaire?
Bitcoin Millionaire is a brilliant work whose creator is unknown. Nonetheless, the platform speaks for itself in terms of what it has to offer.
Often, such scantiness of information sometimes throws up a red flag, but we are certain Bitcoin Millionaire is authentic trading software. The Bitcoin Millionaire website has a “Terms” tab that contains plenty of information that offers a degree of transparency for the platform. Besides, Bitcoin Millionaire pairs users with reputable brokers to ensure the safety of deposits and earnings.
Start Trading in 3 easy steps
Interested users will need to fill a form with their full names, e-mail address, and telephone number and then click the ‘Get Access Now’ button.
Once you have access, you will be prompted to deposit a minimum of $250 to fund your account, and you can select your preferred secure payment method to do this.
The verification process of fast and your account should be live in under 10 minutes. Afterwards, you will be paired with affiliated brokers to begin trading cryptocurrency.
What People Are Saying About Bitcoin Millionaire
First time I heard about Bitcoin Millionaire I was a perennial loser chained to equities trading. I had all the expertise in the world to make a large profit while trading stocks, but profit eluded me more every new day. Since I signed onto Bitcoin Millionaire, I have begun to get used to earning at least $300 per week and losses seem to be a thing of the past.
Can you believe I am a millionaire? Well, this is the dream that I can unequivocally state that it could not come true were it not for Bitcoin Millionaire. I am just one year old out of formal employment after working on Wall Street for seven years. I sure as hell can’t say I could reach here in ten years had I stuck on Wall Street!
I might not know you, whoever you are, who created Bitcoin Millionaire, but I want to appreciate you a lot. Finally, my plans for a vacation in Greece are solid thanks to the income from Bitcoin. You are a lifesaver!
This is my tenth year in the cryptocurrency market, so I consider myself a veteran. In that period, I have experimented with every cryptocurrency trading software produced, and I have no doubts stating that majority are trash. Then, boom, Bitcoin Millionaire arrives! Well, I could go on unceasingly about my experience with this software, but perhaps I can surmise it as an embodiment of the white knight in shining armour.
Pros & Cons
Key Features of Bitcoin Millionaire
Bitcoin Millionaire declares on its website that users can earn up to $11,655 in profits overnight. We believe that this assertion may be true for veterans of the platform who have sizable deposits. For beginners, one might want to view the amount as a potential earning on a good day. Indeed, the software should make users more significant profits, unlike the amount they would earn when trading manually.
Conscientious traders know that the verification system is crucial if one is to trust a trading robot as legitimate. To get started on the Bitcoin Millionaire platform, new users must provide at least two names, a valid e-mail address, and a working mobile phone number. Once entered, the system redirects to a secure page where you can make a deposit quickly. The platform supports reliable payment providers, but the transaction will not complete without the provision of relevant documents. Users can deposit via PayPal, using a card or straight from the bank.
The Bitcoin Millionaire platform is all about ease. Users can make quick and frequent withdrawals that often reflect within one business day. Based on what you deem fit, you can make withdrawals to secure payment providers like PayPal or straight to your bank account.
Costs and Fees
Bitcoin Millionaire users pay zero fees, and zero commissions, which mean whatever income you make is fully yours. Besides, deposits and withdrawals are entirely free of charge. Also, Bitcoin Millionaire does not charge for a referral to affiliated brokers.
The Bitcoin Millionaire website displays the thoughts of users who have nothing but praise for its transparency and profitability. Users agree that Bitcoin Millionaire is life-changing and that the software is true to its word.
Customer support is essential, especially for beginners who need constant direction. Our investigation found active telephonic assistance is available that has a fast response time. Additionally, the Bitcoin Millionaire has a live chat function for around the clock support.
The Bitcoin Millionaire clarifies that it does not support buying or selling of Bitcoin. Instead, the platform pairs users with trusted and legitimate affiliated brokers from where they will make such transactions. A trading signal service such as Bitcoin Millionaire must work with legitimate brokers to guarantee your deposits and earnings. When we opened a live account with Bitcoin Millionaire, we linked up with two brokers that we found to be legitimate and regulated.
Is Bitcoin Millionaire Legitimate?
Bitcoin Millionaire ticks all the boxes for legitimate trading software. In the first place, the software has favourable reviews, both on-platform and on other platforms like social media and social forums. The testimonials on the platform speak of software that delivers promised income within the promised timeframe.
Secondly, we tested the platform to make sure all the claims made check out. We hypothesised that legitimate software does not have hidden fees and that the potential profits stated on the website are within reach. We confirmed that you could work with a $250 deposit towards substantial gains within a week.
Further, we checked Bitcoin Millionaire’s affiliated brokers, and our assessment is they are legitimate. Often, unscrupulous software developers link their trading robots with equally unprincipled brokers to defraud unsuspecting investors. On this count, Bitcoin Millionaire checks off as fair.
5 Reasons to Use Bitcoin Millionaire for Trading
Bitcoin Millionaire’s profitability claim checks out
On their website, Bitcoin Millionaire claims that users can make up to $11,655 overnight. Well, that amount is within reach with the right amount of experience and deposit. Our investigation showed that you might need approximately three months, a lot of trading capital and a degree of luck to hit that amount overnight.
Customer service is above-board
Bitcoin Millionaire has people on their contacts around the clock. The telephone number is active 24/7, the same as the e-mail and the chat function on their website. Also, the customer service has a quick response time that beats most of Bitcoin Millionaire’s peers.
Easy to use
The Bitcoin Millionaire platform is simplistic and only packs useful features. Mainly, the registration process is simple, and with few steps. The platforms provide navigation tips for the best experience by users.
Bitcoin Millionaire has robust encryptions in place to protect the platform from intruders. Besides, new users undergo a rigorous verification process to ensure that no bad actors gain access to all other participants.
Bitcoin Millionaire entails top-notch programming and robust algorithms. These algorithms scour the market for trading signals faster any human could ever do. The signals are accurate and can lead to profitable trades.
What Is the Best Way to Use Bitcoin Millionaire?
The primary goal of a trading robot is to automate activities such as market analysis to identify trading opportunities. However, the robot does not substitute for the need for you to understand the trends in the cryptocurrency market. The best way to use Bitcoin Millionaire is to keep up to date with the cryptocurrency market and underlying trends. This way, you will make better decisions in terms of the parameters to feed the software.
Similar to all trading software ever created, Bitcoin Millionaire software is not perfect. From time to time, the software will make a wrong call as its algorithms learn the intricacies of the crypto market. As such, it is safe to withdraw your profits regularly to avoid the situation where one wrong call wipes out your funds.
When defining the parameters for the robot, always make sure that you include limits such as "take profit" and "stop-loss". These limit orders are critical if you want to minimise losses. Ensure that your Bitcoin Millionaire software knows when to exit the market since exiting the market is as important as entering the market.
Has Bitcoin Millionaire Ever Appeared on TV?
Trading robots are popular, and it is difficult to go a week without seeing one software being reviewed on TV shows such as Shark Tank and Dragons Den have highlighted the growing potential of cryptocurrency trading robots.
Dragons Den is a BBC Two production that features impressive innovations in various fields. So far, the show has featured several entrepreneurs who displayed the power of crypto trading robots when it comes to profitability. Although Bitcoin Millionaire matches the calibre of some of the software highlighted on Dragons Den, our research could not locate any evidence showing that it has appeared on the show.
Our research noted claims on some forums that Bitcoin Millionaire has been featured on Shark Tank. We established that Shark Tank is a reality show with a global viewership, where expert investors grill aspiring entrepreneurs based on their business ideas. Undoubtedly, Bitcoin Millionaire deserves to be highlighted on such a show. However, we could not confirm the rumours linking Bitcoin Millionaire's appearance on the show.
Has Bitcoin Millionaire Ever Been Endorsed by a Celebrity?
It has been rumoured that some high-profile personalities have endorsed Bitcoin Millionaire with a specific reference to its use of Natural Language Processing (NLP) technology to pick trading opportunities. We tried to find out the truth in these claims.
Bill Gates is the poster child of technological entrepreneurship. Under his leadership, Microsoft grew into a global tech giant with operations in every corner and crack of the world. In support of Bitcoin, Gates has publicly spoken, and he noted that the digital currency would define the future of finance. However, we could not find any information that confirms Gates has endorsed Bitcoin Millionaire.
The owner of the Virgin group of companies is also a confessed crypto-enthusiast. Branson is a notable entrepreneur whose love for technology cannot be gainsaid. While he has been vocal in support of cryptocurrency and the dynamics that it brings, Branson has never endorsed Bitcoin Millionaire.
Elon Musk is the genius whose tweets move entire stock markets. Musk is the mind behind Tesla, Space X, and The Boring Company. On numerous occasions, Musk has touted Bitcoin as a revolutionary concept in the world of finance. Elon is outspoken and always makes his views public any time of the day, but we could not link him to any endorsement of Bitcoin Millionaire.
Mark Cuban is a serial investor who has appeared on countless TV shows. Besides investing, Cuban is a TV personality and a proprietor of notable businesses in the United States. Mark is also vocal about the benefit of cryptocurrency, especially Bitcoin. On one occasion, he argued that investors should allocate at least 10% of their portfolio to cryptocurrency. We could not confirm the rumour that Cuban has endorsed Bitcoin Millionaire.
5 Ways You Can Maximise Success With Bitcoin Millionaire
Cryptocurrency trading is lucrative, and anyone with capital and access to the right trading software can get rich quick, literally. However, we should be careful not to whitewash the considerable risk that crypto traders take, especially when the market is choppy. Nevertheless, you can minimise the risks substantially if you follow the right procedure in your trading activities. Here are five steps you should follow for the best trading practices and reduce risk:
Start with small deposits
We understand that the urge for profits might sometimes be overwhelming, but this should not be the reason you lose your money. Conscientious traders understand that new software requires time for familiarisation. During this period, you should use the smallest amount of deposits possible because, after all, you want to get a feel of the software. Always try to tame your hunger for the $11,655 potential profits. If you tread carefully, you might hit the potential earnings without ever losing a cent.
Save some profits
Once the money starts trickling in, there is always the temptation of ploughing back every cent to earn more significant profits. While this is a valid strategy, you are better off withdrawing some profits just in case the market moves against you. To preserve your interest in trading, always save some winnings and trade with the remaining amount. If you normalise taking some amount of the profits out of the platform regularly, you will find the trading activities fun because your financial situation will begin to change drastically.
Follow the advice of experts
The beauty with the cryptocurrency market is that some people have been around for long enough to see things that you might miss once you start your crypto trading journey. Always strive to know what the experts think about something. For example, find traders who have expert experience in Bitcoin Millionaire and seek insights about the best trading strategies. You can as well attempt to emulate strategies from experts.
Keep a record for tax purposes
The cryptocurrency market is maturing, and various jurisdictions now identify Bitcoin and other altcoins as genuine assets. As such, these jurisdictions likely expect Bitcoin traders to pay capital gains tax on their earnings from the trading activities. Find out if your jurisdiction taxes digital assets and keep a clean record of all your trading activities. It is your first step towards complying with your location's tax code.
Only invest what you can afford to lose
A good trader understands his/her risk profile. Are you willing to take huge risks? Even then, you should ensure that whatever amount you stake in the market is of no consequence if lost. More often than not, investors complain of losing their valuable assets to trading because they bit more than they could chew. In a word, keep the stake reasonable so that you can have the heart to carry on after your first loss.
From our standpoint, Bitcoin Millionaire checks all the boxes for a good trading robot. It plays in the league of exceptional robots such as CryptoHopper, Centobot, and Bitcoin Formula. The software has a simple user interface that makes it easy to navigate. Besides, many features of the software are friendly to beginners. It makes the software ideal for traders at all levels along the crypto trading continuum. Additionally, it is free of charge to sign up, and it charges neither commissions nor fees.
Nevertheless, we reiterate the need for caution because the trading software does not take away the risk of losses. You should always be aware of the risks involved in crypto trading as well as the best practices when it comes to using trading robots. Start with small deposits and grow incrementally based on the profits earned.