The Bitcoin Sucker is a cutting-edge trading strategy with a layout that helps traders, especially newcomers, generate residual income from the cryptocurrency market. A new trading programme called Bitcoin Sucker claims to make users a lot of money.
Sadly, this programme is not what it seems to be, and it should be avoided at all costs. The Bitcoin Sucker asserts that trading cryptocurrencies like bitcoin, ethereum, litecoin, and others may make traders a lot of money. Additionally, it asserts that with just 15 minutes of effort every day, traders may earn up to $1300. This is obviously impossible, and the reality is very different.
Bitcoin Sucker states that it has been operational for more than 8 years. No trading programme has ever been able to consistently provide these types of returns throughout the years. It’s a fraud meant to take advantage of unwary investors.
The Function of Bitcoin Sucker
This bot uses machine learning and artificial intelligence to function, as was previously mentioned in this Bitcoin Sucker review. The platform asserts that these technologies are to blame for their remarkable success rate and market timing skills.
Interestingly, Bitcoin Sucker trades bitcoin contracts for difference to operate (CFDs). Contracts for difference are agreements that grant you the option to purchase or sell Bitcoin at a later date.
You finally receive the difference between the amount of your stake and the price of Bitcoin at the time. Therefore, you aren’t actually trading cryptocurrency when using the Bitcoin Sucker robot. You’re trading using CFDs instead.
Bitcoin Sucker links with a network of brokers to trade these CFDs.
The Bitcoin Sucker robot scans the market, examines enormous data sets, and identifies potential position entries by utilising machine learning and other sophisticated mathematical algorithms.
The bot asserts that it achieves a greater accuracy rate because it doesn’t trade cryptocurrencies based on human emotions. Additionally, it says it can forecast changes in coin prices in real-time, giving you the best chance to profit.
With its customization and automation, Bitcoin Sucker claims that its tool enables even novice investors to earn from the market. Set the parameters and enter your initial €250 deposit; the bot will take care of the rest.
It is crucial to remember that trading cryptocurrency can be dangerous, especially when done with machines. Therefore, invest in little increments to minimize your risk.
Key Features of Bitcoin Sucker
We’ll go over what Bitcoin Sucker has to offer you and how they can enhance your trading experience in the paragraphs that follow.
1. Demo Account
The demo account is one of the most crucial components of the Bitcoin Sucker robot. Both novice and experienced investors can test their methods and fine-tune their parameters using the demo account. Access to the functions and operation of the robot is provided in this part.
A bot with a lot of customizability is Bitcoin Sucker. This might be considered one of its benefits. Traders can test out various tactics with the demo account to see which one is most effective. Although a demo account is not required, we strongly advise that you use one.
2. Support for Multiple Currency
It’s a misconception to believe that this bot exclusively accepts Bitcoin. The website for Bitcoin Sucker demonstrates that this bot enables trading in a number of other well-known crypto assets. Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), Dash (DASH), XRP (XRP), ZCash (ZEC), Bitcoin Gold (BTG), Ethereum Classic (TC), IOTA (MIOTA), EOS (EOS), Cardano (ADA), and Binance Coin are some of them (BNB).
Bitcoin Sucker makes it simple for you to diversify your portfolio and get the most out of your cryptocurrency investments by supporting a variety of currencies. Naturally, bear in mind how dangerous trading and investing in cryptocurrencies are. So use cautious and limit your trading to tiny sums of money.
According to the company, Bitcoin Sucker’s trade execution procedure is similarly quick. According to Bitcoin Sucker, the bot can identify a trade setup and open a position far more quickly than any human trader. The majority of trades on Bitcoin Sucker are reportedly carried out in under one millisecond.
3. Superior Security
It’s crucial that Bitcoin Sucker keeps you safe because it manages your money.
To safeguard your personal information, Bitcoin Sucker claims to employ the best encryption technology. Additionally, the encryption makes sure that nobody can steal your money.
When you join up, Bitcoin Sucker just collects your email address and phone number. However, keep in mind that risk is a part of any trading. Always take precautions to protect yourself, and make sure your positions are sized correctly to minimize your losses in the case of a market downturn.
4. Speedy Withdrawals
In contrast to several other trading bots, Bitcoin Sucker is quick to process withdrawals. The bot’s creators assert that withdrawals are handled almost immediately. This indicates that the platform will process your withdrawal without delay if your initial investment generates a profit of €1000. We did not test this feature, and we were unable to locate any unfavorable feedback from previous customers regarding withdrawal problems. Since many other bots typically take up to seven business days to execute withdrawals, Bitcoin Sucker stands out thanks to its quick withdrawal features.
Additionally, it means that with Bitcoin Sucker, you won’t have to worry about liquidity when the market is in a slump and you want to withdraw your money.
Is Bitcoin Sucker A Scam?
Is Bitcoin Sucker a fraud then? It seems sense that you might not want to entrust your money to trading bots. Many bots that promise to assist traders in making money in today’s market are actually bogus.
According to Bitcoin Sucker’s website and online evaluations, it’s not collaborate with a network of brokers that manage the majority of trade execution and position sizing. The bot’s main responsibility is to make sure that you complete transactions with these brokers.
The effectiveness of the bot has also been mentioned in other Bitcoin Sucker reviews. Nevertheless, keep in mind that trading cryptocurrencies carries some risk. Before making an investment, always conduct your own research (DYOR) on cryptocurrencies and the Bitcoin Sucker trading robot.
How To Use Bitcoin Sucker?
Here are the steps you may take if you wish to use the platform or do a Bitcoin Sucker test:
Visit the home page of Bitcoin Sucker. You may either select “Register” from the menu options or simply type your information into the dialogue box in the top right corner. Your name, email address, and phone number must be entered.
You will be promptly connected to one of its affiliate brokers using the Bitcoin Sucker app. You will then be sent to your profile page.
A crucial aspect of your platform experience is the demo account. Although it is not necessary, it will help you comprehend the platform and how it functions better. You can try other trading techniques on the trial account as well, giving you more certainty when you place trades.
Submit a Deposit
The next step is to deposit your money. You can deposit with cards or bank transfers at Bitcoin Sucker, but keep in mind that the minimum amount is $250. This ought to be more than adequate for traders on a tight budget.
You should be prepared to start trading for real once you’ve financed your account and gained experience with the demo account. Simply alter your trading bot to your liking, configure your risk management tools, and let the bot trade on your behalf.
A straightforward trading bot that can assist you in making money in the market appears to be Bitcoin Sucker. The service’s developers assert that it has a backtested success record of 92 percent and have praised its efficiency and security.
Legitimacy of Bitcoin Sucker We are unable to provide a conclusive response. However, the bot seems to have the characteristics of a reliable platform.
However, given how unpredictable the cryptocurrency market is, we advise you to only trade with capital you’re prepared to lose. Use your stop loss and take profit orders wisely when trading as well. Avoid becoming overly greedy, start modest, and early on, conduct a test withdrawal.