Bitcoin Trend Review - Is it Safe and Legit?
The Bitcoin Trend app is a unique auto-trading robot designed to trade BTC. According to the developers, it is one of the top trading robots available to crypto users thanks to advanced Artificial Intelligence algorithms.
Despite the numerous assurance of its credibility, users must exercise caution as cryptocurrency markets can be highly volatile. The high volatility results in massive price movements that could lead to huge profits or losses within an instant.
About Bitcoin Trend software
The Bitcoin Trend software has been around since 2016. It was specially designed to trade Bitcoin. The Bitcoin Trend developers claim it is one of the best cryptocurrency trading robots currently available on the market. They wanted to create a cryptocurrency trading app that serves the needs of novice and expert traders.
According to their official website, the firm belief in Bitcoin and its underlying technology, blockchain, helped the team in creating this unique software. The massive growth recorded by Bitcoin and the entire crypto market over the past few years also encouraged the team to do more.
The Bitcoin Trend team claims it has solved the issue of traders experiencing timeouts when trading on platforms. The Bitcoin Trend technology makes it easy to navigate the site and use the app to trade cryptocurrencies. The user-interface of the platform is sleek, clean and easy to navigate. The team also claims its trading AI is one of the most advanced artificial intelligence programs ever developed in the Bitcoin space.
Bitcoin Trend claims it works with regulated and reputable brokers to ensure transactions are conducted in a secure and regulated manner. These brokers are regulated by regulatory agencies like the UK Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). Thus, ensuring customer funds are safe in case anything goes wrong.
Several reports and rumours claim traders earn regular daily profits when they trade with the initial deposit of $250. Thus, potentially making Bitcoin Trend one of the most profitable auto-trading robots in the cryptocurrency market. However, new users must not deposit huge amounts of capital initially as trading in cryptocurrencies is risky. The profits are also determined by the experience level of a trader.
Founder and Team
The Bitcoin Trend app was reportedly developed by a team of expert computer scientists and experienced cryptocurrency traders. The group reportedly shared ideas on creating an app that would help ordinary people leverage the massive opportunities present within the cryptocurrency space.
After spending years developing an algorithm, they finally found the perfect combination to ensure that the Bitcoin Trend app is useful to both expert and novice traders alike. According to the team, the algorithm is based on investment banks' secret strategies to earning millions of dollars in profits from financial assets trading.
After a year in the beta testing phase, the developers launched the app after becoming convinced that it is highly profitable. The Bitcoin Trend app is now available to expert and newbie traders for free.
Register now with Bitcoin Trend!
Pros and Cons
Auto Trading Guide
STEP 1: Signup for a Free Account
Opening a free Bitcoin Trend account is the first step towards using the software. Go to the official Bitcoin Trend website and complete the application form available on the homepage. Ensure the personal details inserted are accurate before submitting the form. Proceed to verify your ID after the trading account is activated.
STEP 2: Fund the account
Activation of account is followed by depositing the trading funds. The funds you deposit allow you to use the Bitcoin Trend app to open positions in the cryptocurrency market. The minimum deposit sum is $250.
STEP 3: Start Trading
The Bitcoin Trend app will reportedly start analysing and perform trades for you once you set it up. However, you will have to choose your preferred trading parameters after you have activated the auto-trading feature.
5 Unique Selling Points of Bitcoin Trend
Certain features make the Bitcoin Trend an appealing auto-trading robot. These features include;
1. Trading Features
The Bitcoin Trend app prides itself on offering manual and automated trading modes for its users. As such, the Bitcoin Trend software handles both market analysis and order execution for users who choose the automated mode. Those who choose the manual option can execute the app's trading signals, allowing them to have a certain level of control over their trading affairs.
2. Demo Account
Another key feature of the Bitcoin Trend app is the demo account. It provides an avenue for traders to learn how to use the app using virtual funds. Traders also get a chance to test various trading strategies to choose the perfect one that helps them maximise their profits. The demo account tests the advanced algorithm against real-market price action and shows you how the software performs.
3. Success / Win Rate
The Bitcoin Trend app is said to have a winning rate of 88% based on online reviews and user testimonials. This means more than 80% of the trades executed potentially result in profits for the users but we feel that it is difficult to replicate this success rate unless you have a great deal of experience and higher trading capital. According to the experts, the app's automated nature allows it to gather more data to work with. Hence, potentially increasing the profit-earning chances for the traders. The app performs technical and fundamental analysis faster and more efficiently than a normal trader.
4. Cryptocurrencies on Bitcoin Trend
The robot allows trading in Bitcoin via CFDs. As market prices fluctuate heavily, the app analyses market data and creates positions that will yield the desired profits for the user.
5. Software customisation
A key feature of the Bitcoin Trend app is the app customisation. Traders can select the trading parameters they wish to deploy from the vast options available to them. Hence, making it possible to set the app to match your trading goals and risk level. The newbie traders can leverage the automated trading option to suit their trading experience level. The expert traders can use the app to test its analysis against theirs and improve from there.
How to Maximise Your Profits
Maximising your trading profits involves taking a few steps. They include;
No matter how large your budget is, always start small. It is best to start trading with the app using a small deposit of $250. Once the app generates profits for you, you can use the profits to expand your trading capital over time.
Keep a record for tax purposes
Most crypto traders and investors don't bother to keep a record of their transactions for tax purposes. With cryptocurrencies going mainstream, tax agencies are now including crypto gains in their documentation, and it would help if you keep a record for tax purposes.
Only invest what you can lose
This is the number of financial advice given to any investor. Crypto is highly volatile, and you could lose your capital. To avoid losing your life savings, it is recommended to invest only what you can afford to lose.
Endorsements and Opinions about Bitcoin Trend
Bitcoin Trend has supposedly received attention from popular TV shows and certain celebrities. The social media rumours and online reports suggest that the developers pitched the Bitcoin Trend idea on famous TV shows like the Shark Tank (US) and Dragons Den (UK). These reports went on to claim that the Bitcoin Trend app is sponsored by investors like Elon Musk, Richard Branson and Kate Garraway. However, none of that is true as the developers behind Bitcoin Trend have debunked the idea. Despite that, the Bitcoin Trend app is reportedly performing well even without external endorsements.
Final Thoughts on Bitcoin Trend: Is it a legit option to make money?
The Bitcoin Trend claims to be a leading automated trading robot developed specifically for the cryptocurrency markets. According to the developers, the Bitcoin Trend software handles market analysis on behalf of the users and trades their profits. However, expert traders can choose to use the manual option to select the trading signals to execute. Despite the numerous positive reviews, note that the crypto market is highly volatile, and prices swing in both directions within a short period. Hence, learning about cryptocurrencies and how to trade them is important so you can properly trade with the Bitcoin Trend app or any other software.
Frequently asked questions
Several reports and reviews online claim that the Bitcoin Trend app generates daily profits for the traders. However, new traders must familiarise themselves with the app before committing higher funds as cryptocurrency trading is a risky activity.
The Bitcoin Trend developers made it free for users to open a new account and use the app to trade Bitcoin and other cryptocurrencies. They don't charge registration fees, deposit and withdrawal fees, or profit commissions.
Unfortunately, this isn't possible. Bitcoin Trend converts the crypto earnings to your local currency and deposits them into the bank account linked to your trading profile. This is similar to CFD trading, as you don't get to hold the actual bitcoins.
The Bitcoin Trend app claims to be an automated trading software, requiring the users to put in a minimum of 20 minutes per day of work. A user needs to set up the trading parameters, and the trading app takes over from there.
The Bitcoin Trend software is available to traders and investors in over 150 countries globally. The platform provides multiple payment options to make it convenient to deposit and withdraw funds.