My Bitcoin Bot by Brad Sheridon is a new fully automated trading robot that is trading only Bitcoin. There has been much sensationalism surrounding Bitcoin since the beginning of this year. This is not unfounded. The sudden rise of bitcoin to stellar stardom has made it the fifth most-researched keyword on Google!
So what is all the hype surrounding Bitcoin? And What is My Bitcoin Bot? In this My BitcoinBot review, we are going to discuss the performance of Bitcoin. We are also going to see how My Bitcoin Bot works and whether it is the least expensive solution to trading Bitcoin.
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Is MyBitcoinBot Scam?
You may find My BitcoinBot or MyBitcoinBot or My Bitcoin Bot reviews all over the place. The name is very versatile. However here is the logo, which you will be able to recognize immediately for My Bitcoin Bot and know what we are talking about.
My Bitcoin Bot is presented to us by Brad Sheridon and his team. They are the investors and developers who specialize in designing investment platforms for traders. Their standard platforms are vehicles for trading Forex and Commodities. However, the recent rise of Bitcoin has prompted the Brad Sheridon team to design a new platform that trades Bitcoin exclusively.
What is Bitcoin? Is Bitcoin The New Gold?
If you are new to Bitcoin and you are curious about this digital currency we have recently written an article which is totally dedicated to explaining Bitcoin for beginners. You may wish to inform yourself about bitcoin here.
There is no question that ever since the beginning of the year Bitcoin has been on many investors’ lips and in the horizons for serious investors. The price of a single Bitcoin broke out with the New Year and hit the first time ever $1000 benchmark. But the stellar rise in price to almost $3000 as it stands today, whilst writing this article, has made everyone stand to notice.
Basically, if you had some spare cash to invest at the beginning of the year and bought 10 Bitcoin for $10,000k today just five months later you will have tripled your investment.
At Almost $3000 Per Bitcoin Is it Too Late to Invest?
Investing in just one Bitcoin today would necessitate a minimum investment of $3000 and then all your eggs would be invested in literally one basket. However, Bitcoin trading is not without its opportunities.
Despite the rise and rise of the price of Bitcoin, there have been moments of severe volatility. As the price has been attempting to move over the $3k threshold, there have been days when the price tumbled by no less than $500 to $600 in just one day. Granted that the price recovers fast, however, it is this volatility which gives opportunity for making fast profit.
Can you Make Money on Bitcoin with My Bitcoin Bot?
Before we can understand whether it is possible to make money with MyBitcoinBot, we have to understand how My Bitcoin Bot works.
My BitcoinBot has been designed as a completely “hands-free” automated trading robot. What you need to understand is that when you join the BitcoinBot community, you are accessing the following:
- You will receive an automated software
- Expect to receive full easy to follow instruction manuals
- You will have unlimited technical support
- FREE Software updates (very necessary)
- Access to Trusted Brokers List
Item 5 on the list is extremely valid and important. Scam Brokers are singularly the biggest reason why traders lose money on day to day trading. Reasons could vary from brokers refusing to release profits, to “tweaking” prices in their favor. Therefore, investing with the right and regulated brokers is quintessential.
The great thing about the team supporting MyBitcoinBot is that they understand that Bitcoin is a new asset for many traders. Therefore it is likely that if you are a new trader, you will neither have the experience not the technological skill to trade this digital currency. The way in which the platform has been fashioned is in a way that no experience is actually required.
Furthermore, you do not need to invest heavily in order to start trading. You may start from as low as $500 and still trade and earn with Bitcoin. The theory of Bitcoin is that not matter at what price you enter, all you will need to do is wait on it. The price will eventually always rise higher than the previous pivot point. This theory has been validated over and over in the past five months.
Is My BitcoinBot Free?
No, My Bitcoin Bot is not free. Brad Sheridan and their team value the work they have put into their platform and they offer an “off the shelf” business opportunity. There is no question that this software is scam by offering dummy “window of opportunities” for free software.
The annual membership fee for joining MyBitCoin Bot is $597. However, for the first year, this price has been reduced to $297 which you can pay at $39 per month.
The monthly payment opportunity will give you the possibility of investing in Bitcoin without the need for hefty investments. By their own words
“Investing in Bitcoin is similar to owning a piece of real estate that pays you rent every month.”
My BitCoin Bot Team also give you a guaranteed 30 Days Money Back Guarantee if you are not satisfied with the product.
How Can I Subscribe to My BitCoin Bot?
- You May Access the MyBitCoinBot Website to read their full details and disclaimers HERE
- You can choose whether to register with annual lump sum registration for $297 and save more than 50%
- Or you can choose to pay your way through registration at $39 a month and literally pay your way from your profits.
My BitCoin Bot Review Conclusion
If you are looking for good investment opportunities you are in the right place. We have analyzed, reviewed and evaluated many trading robots. 99% of robots either do not work or are intentionally placed on the market by brokers in order to capture new traders.
The fact that you are offered opportunities to select your own broker with this software, makes it above board.
Verdict: My Bitcoin Bot is Not Scam
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