You see the creators of the Bitcoin Profit system have actually affiliated themselves with a binary options broker, and this means that if they get anybody to sign up & deposit via that broker then they earn themselves a commission… A pretty huge commission too. Everything you’re told on the website is fake & they’re merely trying to lure you in so that they can earn some money at your expense. How The Bitcoin Profit System Really Works…Īt a glance, the whole thing seems ideal, and it would easy to get sucked in by all of the hype found on the website of the Bitcoin Profit system… But that’s exactly the creator’s intentions. Learn How I Earn a Living Online (& How You Can Copy What I Do).I do appreciate though that even though it is a scam, you might not just be willing to take my word for it as you might have been really hoping that the system was going to work for you & generate you lots of money… So instead, let me show you how it really works in order for you to see what yourself why it WON’T work as promised… The Bitcoin Profit system is no different. I’ve actually seen several other so-called automated binary options systems prior to this one such as the Online Profit Generator system for example which I most recently reviewed & they have ALL turned out to be nothing but flat-out scams. The idea is that you’ll begin making money on complete auto-pilot…ĭoes it really work? Sadly the answer to that is NO. The system looks for trends, detects whether it believes the cryptocurrency value will rise or fall – and then places trades on your behalf. It’s so risky in fact that even Forbes themselves published an article warning people about it (shown below) and many – including myself have branded binary options trading as nothing but a scam.īut this is where the Bitcoin Profit system comes into play because this particular system claims that it has been developed around a “secret” algorithm which can indeed (allegedly) predict whether or not the price of the cryptocurrency will rise or fall… And this is how they claim to be able to guarantee you profits. This means that even if the value of Bitcoin dropped, providing the bet placed by the system was that it was going to drop, you as the trader would still profit because you didn’t actually buy the currency… You just placed a bet on what it was going to do.īut how do you know whether it is going to go up or down? Well, you don’t… And typically, this method of trading, which is known as binary options trading is actually VERY risky… Because it’s closer to gambling than trading. So whereas typically people will buy a particular cryptocurrency in the hope that the value of it rises so that they can sell it for more at a later date & profit, the Bitcoin Profit system actually places bets on whether the price will rise or fall during a set period of time. The Bitcoin Profit system basically claims to be an automated trading system that can allegedly guarantee to generate you profits from crypto-trades even if the value of the cryptocurrency is actually going down rather than up. What Is Bitcoin Profit? | How The Bitcoin Profit System Works | Is Bitcoin Profit a Scam? | A Better Alternative What Is Bitcoin Profit? Thankfully if that’s what you’ve been trying to find out you can rest assured that you’ve landed in exactly the right place as I’ve taken a closer look at how it all works & in this honest Bitcoin Profit review I’ll be uncovering everything you need to know, including whether or not you can really make any money with it. So what’s the deal, is it actually legit, or is the Bitcoin Profit system a scam that’ll just end up taking money from you rather than actually helping you make it? The Bitcoin Profit system claims it can enable you to earn millions from Bitcoin even whilst the crypto markets are crashing & you’re led to believe that you can begin generating your first profits just moments after signing up…īut no doubt you probably suspect that those kinds of promises sound a little too good to be true, and I don’t blame you.
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