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The crypto industry provides many opportunities for would-be traders who aim to use its strong volatility to their advantage. It is more than possible to earn sizable amounts of money through smart trading, as prices constantly move up and down by large quantities.
However, new traders lack the necessary skills and understanding of the crypto industry, as it is still rather new, unregulated, volatile, and pretty much anything can happen at any time.
This is why auto trading software, such as Bitcoin Secret, exists. In this Bitcoin Secret review, you will find out how this trading robot allows traders to earn money automatically, without their direct engagement. It is a legitimate piece of trading software that uses AI to predict price movements, and all that traders need to do is provide them with specific instructions on how to act in certain situations.
The robot will do everything else, and start earning money by using the trader's initial investment.
Table of Contents
About Bitcoin Secret Platform / Software
As noted, Bitcoin Secret uses advanced software to trade on its user's behalf. It is equipped with analytic tools and AI that can trace price performance through their connection with numerous brokers.
Bitcoin Secret can then make forecasts based on technical analysis, and buy or sell coins based on those predictions.
Its platform is very simple to use, and all traders really need to do is provide instructions on what to do. The software will take care of the rest.
Bitcoin Secret Founder & Team
Bitcoin Secret stays true to its name when it comes to its founders and developers, as their identities are not known. However, what it is known is that they are traders, developers, and economists, who wanted to create the best money-making software that the crypto industry has seen.
They combined their experiences in various fields, such as algorithms, statistics, market, and more, and they managed to create a unique and highly-reliable auto trading robot that we now know as Bitcoin Secret.
Pros and Cons
One of Bitcoin Secret's main strengths is its ease of use. Creating an account and getting started is extremely simple, and all you need to do is follow a few short steps, which are as follows:
1. Open a Free Account
Bitcoin Secret is free to use, and opening an account is very simple and quick. All you need to do is go to its official website and enter the necessary details, such as your first name, last name, email, phone number, and password. That's all it takes, and after providing this information, you will receive a confirmation email with a link. Click the link and your account will be ready for trading.
2. Make a Deposit
Of course, before you actually start trading, you will first need to deposit some money that will serve as your initial investment. This is the money that Bitcoin Secret will use to buy cryptocurrencies of your choosing, and then sell them when the time is right in order to make a profit for you.
3. Start Trading
At this point, you are almost ready to click on the 'Live Trading' button and let your bot start earning you money. However, before you do that, you will first have to provide it with the instructions we mentioned earlier. It needs to have certain details to enter the market with, such as what coins to trade, how much money to use per transaction, when it is supposed to withdraw from the trade, and alike.
5 Unique Selling Points of Bitcoin Secret
So far, Bitcoin Secret sounds like a very easy-to-use money-making machine that its creators intended it to be. However, there are even more features worth noting, including:
1. Trading Features
Bitcoin Secret uses advanced trading features to perform technical analysis and deduce which way the price is most likely to go. Its advanced software can make those calculations and enter a position, although it is still possible for the market to make an unexpected turn due to impactful news and events which were not a part of the calculation.
2. Demo Account
Bitcoin Secret also offers a demo account, where users can practise trading with a robot. This demo account uses fake money to let you experiment and try out different tactics and strategies. This is a good way for newcomers to figure out their approach without putting real money on the line, and suffering losses as they go up the learning curve.
3. Success/Win Rate
Bitcoin Secret has a success rate that fluctuates between 88% and 99.4%. In any event, the success rate is rather high, and the chances of it making a successful transaction are significantly higher than the chance of it making a bad one. Losses should still be expected due to high volatility and unpredictable price movement. However, as things are now, it is quite common to see decent gains upon completing a trade.
4. Cryptocurrencies on Bitcoin Secret
While Bitcoin Secret does give off the impression that it is solely focused on Bitcoin due to its name, the truth is that it actually works with several other coins. It is still sticking with high-ranking cryptocurrencies, but it does offer a small variety of most influential digital assets to choose from. Bitcoin is there, obviously, but apart from BTC, you can also use Ethereum, XRP, Litecoin, and EOS.
5. Minimum Deposit
Bitcoin Secret has another advantage over many other robots, and that is the fact that it requires rather low minimum deposits. While most other robots require you to deposit hundreds, or even thousands of dollars at once, Bitcoin Secret is perfectly happy to only let you deposit $250 at a time. You cannot go below this amount, but it is reasonably affordable for most people who are looking to invest in digital currencies.
Other Cryptocurrency Robots
How to Maximize Your Profits
The main thing that you need to do in order to maximize your profits is to provide Bitcoin Secret with proper instructions on what to do and when to do it. But, apart from that, there are some other things you could do to make sure that you have every advantage that you have. For example, you can:
When you are new at something, it is perfectly logical and understandable to start slowly and not rush into things. The same is true for trading crypto with a bot. Even if you used the demo account to test different strategies and you believe that you are ready for live trading, you should still start small, until you experience live trading for yourself. The market is not going anywhere, so you have time to take things slowly and carefully.
Only Invest What You Can Afford to Lose
Another rule to take to heart is to never use more money for trading than you can afford to lose. Start with the assumption that your every trade will be bad, and that you will lose all of your money. If you can still survive the month without it, then you are free to take risks. If you use the money you need for base survival, bills, rent, and alike, you are taking an unnecessary risk that could end up costing you much more than the money you might lose.
Save Some Profits
Of course, with Bitcoin Secret's high success rate, you will likely start making money fairly quickly. However, there lies another pitfall in which people tend to fall in — using all the money they made, either for trading or withdrawing it and spending it. If you can afford to avoid this, we advise you to do so. Sure, you should use the money you earned for everyday life if you really need it, and it goes without saying that you should use it for more trading. Just don't use all of it. Put some amount to the side, and keep it for rainy days.
Endorsement & Opinions About Bitcoin Secret
From everything we managed to learn about it, we have assessed that Bitcoin Secret is not a scam, but a legitimate trading software — a robot designed to really make money for its users. However, accusations of virtually every robot being a scam are all over the internet. They are posted by sceptics, people with bad experiences, and alike.
However, you should not trust everything on the internet. Do your own research, and then decide what you believe. If you think that it is legit, you can always take an educated risk with a small amount of money that will not damage you too much, and try it out for yourself.
Just make sure to set up the parameters properly, which will, once again, require research in order to learn how to do it. Making a mistake here will rob you of any profits you might have made otherwise, but that would be due to your own mistake, and not the flawed or scammy bot.
Final Thoughts on Bitcoin Secret: Is It a Legit Option to Make Money?
Yes, Bitcoin Secret is a reliable and competent trading robot, with numerous beneficial features, that can help you earn quite well from trading cryptocurrencies. It does have its flaws, such as lengthy withdrawals, as we mentioned earlier, in the pros and cons section.
But, it also has a lot of positives that we also listed throughout this review, and we believe that it is worth trying out. As always, you need to take some time for research and self-educating about the crypto industry and the bot itself, but other than that, you shouldn't have any problems in making it work to your advantage.
Frequently Asked Questions
Yes, provided that you set it up correctly, Bitcoin Secret can help you earn quite a bit per day.
That is entirely up to you, but we believe that there is no need to spend more than 20 minutes per day to check the market conditions and determine if the parameters you have set still fit. You might have to spend more time if there is a need to change something or test out a new strategy with a demo account.
Anyone with a bank account can use it, as it requires you to deposit some money in order to start trading. All you need is an email address and a phone number to create an account, but in order to fund it, you need to deposit money via cards or bank account.
Yes, Bitcoin Secret has a customer service that is available 24/7, and ready to help you out, answer questions, and more.
Yes, Bitcoin Secret scores rather high on security tests due to its use of SSL encryption technology.