Welcome to our Bitcoin Profit review (AKA BTC Profit) and scam investigation. Is Bitcoin Profit SCAM or legit automated trading software (AKA Bitcoin Robot). The results are in and as we suspected our research staff stumbled on another blacklisted get-rich-quick scheme. Bitcoin Profit is advertised as a cryptocurrency robot which utilizes complex mathematical algorithms in order to generate profits for its members. In the Bitcoin Profit website, it is plainly stated that access to this fraudulent software is provided for free and at no cost. However, like many other crypto robots dealing with cryptocurrencies, the Bitcoin Profit scam software is just out to steal your money. This is not a supposition or a type of educated guess! Our staff produced conclusive proof of scam and malicious foul play which exposes this losing software in the most transparent and truthful manner.
Bitcoin Profit Brokers: When we signed up the broker which was assigned to us was named “Mason Ford”, which is an unlicensed Forex and CFD broker which does not even disclose their business address but we suspect it operates out of a shady legal jurisdiction like The Marshall Islands. This also explains why we received so many complaints from disgruntled day traders who are simply searching the internet for a legitimate way to generate passive income trading bitcoin online. These brokers operate in tandem with various affiliate networks which have latched on to this highly deceptive offer and are promoting it via social media and fake news advertisements right now.
So do you still believe Bitcoin Profit is a legitimate way to invest in virtual currencies? In this Bitcoin Profit review, we’ll dig deeper to uncover the real deal behind this trading platform and explain in detail who the crooks behind it are as well as how they operate.
Official Website, Login Page, and Members Area: thebtcprofit(dot)COM
If you check the image below you will notice all the hype about how you can generate money with little or no risk to your capital. Of course these are all lies designed to get you to trust the software, but don’t do it!
What is Bitcoin Profit?
Bitcoin Profit is an auto trading software that specifically buys and sells in cryptocurrencies. The claim is tremendous with a win-rate of 92% and an app which lets you “earn millions from bitcoin even when crypto markets are crashing”. According to the website, Bitcoin Profit uses an advanced algorithm that watches the market, detects fluctuations, notes trends, and can then predict when the value of the bitcoin will increase. The crypto robot will then invest your money in the market, making you a big profit. Everything is done automatically, making it simple even for someone without any investment knowledge to succeed. At least, that’s what they claim it does.
How Does Bitcoin Profit Work (Supposedly)?
It’s very simple.
- You sign up for the Bitcoin Profit service. You can do this online or with any mobile device.
- You make your deposit. This can really be any amount you want, but Bitcoin Profit requires a minimum initial deposit of at least $/£/€ 250 to get things started.
- Bitcoin Profit will then invest your money into the market as it sees upward trends.
- And that’s it. The auto-trading platform is meant to manage your investments entirely. So you don’t have to do anything.
Sounds like a very promising approach to making money, doesn’t it? And Bitcoin Profit would be a great option, if it weren’t a complete scam. Unfortunately, after a lot of research, we have found that this trading platform is nothing more than a ruse.
Bitcoin Profit Review, Earn Millions Or Lose Money?
The Bitcoin Profit scam software is a viral scam which has been launched during March 2019. Since then this software has metastasized and taken various forms, but the end result is always the same. You invest money and the people who take it from you (i.e the brokers and promoters) are the ones who are making the money. In marketing terms this is commonly referred to as a profit or revenue share scheme where the affiliate generate commissions based on how many paying customers they are able to produce.
Forget all the hype about making money even when markets are down, and don’t believe all the fake testimonials about how some cheap actor made a killing trading bitcoin with a $250 investment. Those are all lies designed to bait you so you would invest, but you are a smart person who does their research so now you know better!
How Bitcoin Profit Lures You In
Bitcoin Profit is impressively deceptive about its marketing tactics. The scammers behind it obviously invested a lot of time creating these campaigns, and they’re very effective at baiting innocent victims. People are seeing Bitcoin Profit all over the place, and getting lured in by the promise of big returns. Here are some red flags to watch out for”
- Fake news reports
- Fake testimonials
- Spammy affiliate links
You can see ads of Bitcoin Profit appearing on social media and endorsed by celebrities. All of these are fake, so don’t be fooled. Below we have prepared a few screenshots as a point of reference for you.
What About All Those Testimonials?
Now here’s where things start to get really confusing. In general we encourage our readers to do their own research on products and services they’re interested in. We suggest reading online reviews and comparing different products based on their popularity on the various social media channels that host real user testimonials. This is usually a really great way to see what real people think of the product and get a hands-on assessment of how it works.
Usually, but not always. What some underhanded companies do is generate fake testimonials in order to promote their products. They’ll write the reviews themselves and then pass them off as if they were being written by real users. It’s a dishonest tactic that consumers need to be on the lookout for. And not surprisingly, it’s a method that Bitcoin Profit has used frequently in the past.
We found numerous instances of written testimonials that have been fabricated, but Bitcoin Profit has taken this deception even further. You’ll find video testimonials on the site validating the profitability of this crypto robot. That means they’ve actually gone to the trouble of hiring people to act as customers, video their “user experiences,” and Bitcoin Profit is using this is bait to lure in unsuspecting consumers.
And the Social Proofs?
Do a quick Google search for Bitcoin Profit celebrity endorsements, and you’ll find lots of celebs singing its praise. In fact, there are quotes from huge names like Gordon Ramsey, Richard Branson, Elon Musk, Jim Davidson, and even Bill Gates. Would such huge personalities really endorse a con game? No they wouldn’t, which is another way the media has exposed the Bitcoin Profit scam. Apparently all these celebrity endorsements are fake. None of them are real and none have been verified by the personalities themselves.
Bitcoin Profit Signals (Cloned App)
Below is the Bitcoin Profit trading dashboard. You can see for yourself that it is a clone and replica of the Cryptosoft system (another scam). This is proof that we are dealing with another turnkey solution for affiliate marketers who wish to plug in to an existing software and start peddling their filthy apps online.
Fake Bitcoin Profit Reviews
Here we can see a fake Bitcoin Profit review which is actually getting a very high level of exposure n search engines for a variety of reasons. First and foremost this is happening because the actual website was purchased and had high authority on search engines at the time. The scammers are using that leverage and peddling their fake apps very effectively.
But aside from having used it ourselves and seen exactly how the platform loses money, all of Bitcoin Profit’s hype is easily disproved. For example, the celebrity-based advertisements are not real quotes from personalities. In fact, they have been totally denounced on their twitter accounts or personal websites. The same goes with the ad campaigns. There are pictures of Bitcoin Profit appearing on popular shows like Dragon’s Den and Shark Tank. But just watch episodes of those shows, and you’ll see that never happened. The news clips, the testimonials, the ad campaigns, all of it is fake, perpetrated by the same con artists that created the Bitcoin Profit scam in the first place.
Bitcoin Profit By Any Other Name…Still Stinks
People have been having a particularly hard time avoiding this Bitcoin Profit scam because it has been cloned by multiple affiliate networks. Victims are explicitly saying that they have seen the exact same scam under a different name and URL.
How Much Does Bitcoin Profit Cost?
Well, if you’re asking how much Bitcoin Profit charges to use its services, the official answer is nothing but in reality its at least $/£/€ 250 (sometimes twice as much). According to the website, you can use Bitcoin Profit’s trading platform completely free. But if you’re asking how much it will cost you in the end of the day, that depends on how much money you’re investing. Since Bitcoin Profit is a scam, whatever money you put in for investments will be stolen from you, never to be seen again. So the cost of using Bitcoin Profit is a lose-lose. Bottom line, don’t bother investing a dime in this robo-trader because whatever you invest will be lost.
Still Trust the Bitcoin Profit SCAM?
If you still trust this system even after reading our in-depth Bitcoin Profit review, you are not alone. People get lured into the software with promises of making a small fortune quickly. But bear in mind that get rich quick schemes are always just that, schemes. Ask yourself if this is too good to be true. In general, if it sounds too good to be true, it probably is.
Some Legitimate Bitcoin Alternatives
Don’t get us wrong. Bitcoin trading is a real thing, and there are several legitimate systems you can trust. Use tested software that has proven itself to be consistently profitable and check out our recommended section!
Bitcoin Profit Review, Summary, and Conclusions
The Bitcoin Profit scam software, trading robot, and fake app is NOT a genuine or legitimate trading system. Our Bitcoin Profit review and investigation proves this so don’t be taken for a ride and don’t say we didn’t warn you. If you believe our conclusions to be mistaken and can provide valid proof indicating otherwise, please reach out and message us via social media or our contact page.