Bitcoins Wealth Review: Scam or Trusted? Read Before Trading
Bitcoins Wealth is a cryptocurrency trading platform that helps users to make profits while trading bitcoins. It claims to use high-end technologies such as Artificial Intelligence and Blockchain Technology to avoid the risks of trading.
It has been a few years since automated trading softwares were invented and they have taken the whole market by storm. This is why, in this post, we will discuss one such software called Bitcoins Wealth.
Because there is a massive demand for these softwares, the number has also increased. In such a case, it becomes difficult to find out the most favourable software. There are a number of advertisements which have rumoured some platforms and rendered losses to its users. This is why it’s essential to know the right handle and the legitimacy of any of these softwares before investing your hard-earned money.
In this article, we will discuss Bitcoins Wealth in detail, so in case you were contemplating to use it, you might find some valuable information before proceeding. Moreover, if you are a beginner, you should make sure to read this post carefully because if you miss something here, it might end up in a huge mistake there!
So what are you waiting for? Scroll down to begin reading!
Is Bitcoin Wealth a Scam? YES
Yes, It’s a Scam. If you have gone through the official website of Bitcoins Wealth, you would have noticed that it states that it is a secure and safe app that helps users to trade bitcoins legitimately and profitably. On a second glance, you might find out that the icon of the app is copied.
You can visit the official website by clicking on the following link: https://cryptoevent.io/go/BitcoinWealth
If things are not turning fishy for you here, let us inform you that Max Carney made this app. For cryptocurrency enthusiasts, this name must not be unfamiliar. It will be a child’s game to make out that Max Carney is also the creator of Crypto Wealth, which has also been acknowledged as a scam. Therefore, without even wondering why, if you were going to use this software for BTC trading, stop here and now.
If we had to put in a more straightforward way, we would have, but we can certainly say that this software, just like its brother Crypto Wealth, is a scam. No claims have been proven. All the qualities mentioned on their website are fake, and as such you must refrain from investing any money here because of course, it will all go in vain!
However, you can trade with legitimate alternative like Bitcoin Evolution
Why do we claim that Bitcoin Wealth is not legitimate?
There are some necessary and practical things that we’ve noticed about this software. You must make sure to read the elaboration below to understand that we have some solid reasons to say that Bitcoins Wealth is not good software to trust:
- Firstly, as stated above this software is created by Max Carney. In the scene of cryptocurrency and how this technology is ultra controversial, one must always be sure to check the background of any software before investment. And if the creator has been involved in scams, we can easily conclude that this one is also going to be nothing profitable.
- Secondly, the official website for Bitcoins Wealth states that the software has a security score of 100%. If at all you know even a tad bit about cryptocurrency you must have an idea that no automated cryptocurrency trading robot promises a 100% win rate. This is a pathetic claim as there has never been any software till date that can match this rate because market direction can never be detected and risks are always associated.
- Thirdly, the website also claims that 9 out of 10 financial professionals have recommended Bitcoins Wealth and have appreciated its functioning. Upon closer inspection, it was found out that no finance professionals have ever reviewed this platform as a good one and any user hasn’t ever recommended it. Thus, a majority of things present on the website are false.
- Fourthly, when we take a look at the testimonials, there have reviews that say Bitcoins Wealth has made them exceedingly wealthy, but upon closer inspection of the user who reviewed the same, we were not surprised to find out that such a person didn’t exist at all.
Well, when it comes to our money, we all can agree to a simple fact that anything that sounds fishy is not worth it! Moreover, here we have precisely four significant reasons why you should ignore this software and find some legitimate ones.
Bitcoins Wealth Review
Now that you have enough reasons to acknowledge the software as a scam take a look at how this works. According to the creator of this software, Max Carney, anyone can use this platform because it involves blockchain technology where loss is not possible mathematically. Any person with a sane state of mind would shake their heads in disbelief!
Anything that has to do with encryption or blockchain does not ensure profit. Moreover, due to market risks being always attached to every trade placed, you can never guarantee a win rate of 100%.
If you take a look at other automated cryptocurrency trading softwares such as Bitcoin Trader, Bitcoin Revolution, Bitcoin Loophole etc., you will notice that the win rate they promise is in the line of 90s. No trading bot has ever mentioned a full 100%. This makes them all more honest and genuine while rendering this one a complete hoax.
Moreover, if you take a look at the functioning of other cryptocurrency trading robots available on the Internet, their official website explains the full operation of their software. Some of them are based on algorithms that sense signals from profitable deals while others are based on Artificial Intelligence. But unfortunately, at Bitcoins Wealth, the functioning is vaguely explained that contributes to its scammy nature.
How do Bitcoins Wealth scam people?
To answer this question, we would have to consider other softwares. Let’s talk about Bitcoin Trader. When you open the official website there, you will find a link to sign up. After providing your information and successful verification, you will be able to see the actual trading software where you can easily customize all the setting and place your trade. In some softwares regulates brokers are also provided.
To your surprise, after creating an account at Bitcoins Wealth, you would never be redirected to any trading platform. You will only be able to observe a brokerage page where you will be asked to deposit your money. In software that is supposed to be automated, if you’re not getting any options of customisation, then you should know that there is certainly something wrong.
How do brokers ensure that this crypto bot is a scam?
If we take a look at other softwares, as soon as you make an account and get verified, you are matched with a broker. For good automated cryptocurrency trading robots, the brokers are licensed and work under strict regulations. This ensures the safety of the tremendous amount of money that people deposit at these crypto bots.
At Bitcoins Wealth, however, the brokers are not licensed. You should know that before investing in any software, you should research whether the brokers involved are trustworthy or not. If they’re not licensed, you will never see your money again, which will be a massive blow to your moolah as well as the self-confidence that you had for automated cryptocurrency trading.
You should check multiple sources online and make a note of all the trustworthy and licensed brokers. After that, if you check out this website, you will be able to spot that the licenses of the brokers are not even mentioned which makes the whole scam come alive.
But unlike other softwares, this one offers interest. Isn’t that true?
Being as blatant and straightforward as possible, no, it’s not true. It is a complete hoax. Any software offering a 1% interest rate is a scam. This is because every cryptocurrency trading robot is used by a considerable number of users. Providing them with interest will take away a significant portion of the creator’s profit, which we know shouldn’t take place in any scenario.
Because trading at Bitcoins Wealth takes place in cryptocurrencies like Neo, Bitcoin, Ethereum, etc. the interest promised is 0.3 bitcoins.
We would suggest you run away from any software that ensures a 100% win rate with any interest. Scammers only promise such unreal and impractical things.
Has Bitcoins Wealth collaborated with useful softwares?
As far as we know, Bitcoins Wealth being a hoax has never collaborated or quoted any excellent softwares. Moreover, it has promoted other softwares which have also been proven as big-time scams. Some instances are USI Tech, Bitconnect and BitconnectX. All three platforms were scams.
Pros / Cons
- Licensed brokers not available
- Website is a proven scam
- Technology in use is not mentioned clearly
- No demo or live trading platform is visible
- The creator is well known for scams
- The company has promoted some softwares, which were also scams
As mentioned above, we claim that this platform is a scam. As such, no advantages could be indicated by our side!
(In a departure to this, if you checked out our reviews for other cryptocurrency trading robots available, you’d be able to find a variety of features in this section).
We would only recommend you to use this platform if you would like to give up on your money! No kidding! If you’re interested in paying your dollars to scammers, you are welcome to do so here, because you don’t expect any profits at all.
The icon, unlicensed brokers, no customization, no explanation of the technology, 100% win rate and fake testimonials are more than enough reasons for you to take a U-turn from this software and look for other ones that are genuinely legitimate.
Stressing on the fact, we have no hesitation in saying that Bitcoins Wealth is a scam and you will undoubtedly face a loss if you invest here!
Do you have something to say about Bitcoins Wealth? You can put it down in the comments below!