Bitcoin Miner Review 2023 – Is It Legit or a Scam? | CoinJournal

Is Bitcoin Miner Legitimate?

5 Reasons to Use Bitcoin Miner for Trading

No Running Cost

Bitcoin Miner does not ask for any registration charges or an annual fee. It takes only a 2% commission on profits to pay its affiliate brokers.

Lightning Quick

Bitcoin Miner claims that due to leveraging AI, it can give brokers trading signals faster than the market can react.

24/7, All Year Round

While you will need to sleep and take time off, Bitcoin Miner does not and will continue trading no matter what time of the day or year.

Easy to Use

Bitcoin Miner says that users only need to define the risk tolerances such as take profit and stop-loss positions. The rest is taken care of by the robot. Users don’t need to understand CFDs, leverages and other complex instruments.

Emotionless

Based on 7 different metrics analyses by AI, decisions are based on cold logic and not human emotions, protecting investments.

What’s the Best Way to Use Bitcoin Miner?

Bitcoin Miner says that you can earn very high profits using it. While this may need to be put to the test, it doesn’t mean you have to risk your money testing it. The best way to use Bitcoin Miner is to not make it your main source of crypto trading. 

Bitcoin Miner does provide users with a guide to learn how to safely use and avoid losses and you should familiarize yourself with it. Start with a low amount and once you get the hang of it, you can slowly increase your invested amount. 

If handled correctly, Bitcoin Miner can turn out to be a better option than manual trading as you don’t have to worry about the intricacies of broker fees, understanding how different derivative products such as CFDs and leverage work.

Has Bitcoin Miner Ever Appeared on TV?

Trading robots have captured the imagination of people in recent years, especially given that their claim of higher than average profits seems to be true with many people said to make fortunes through these. There have been rumours of robots such as Bitcoin Miner appearing on TV and we did our own research into these claims.

Dragons Den

A popular TV show where people pitch their ideas and prototypes to get funding, the panel is known for their interest in cryptocurrencies. However, we have been unable to find any mention of Bitcoin Miner on the TV show.

Shark Tank

The Dragons Den equivalent in the United States, Shark Tank is as famous as its cousin across the Atlantic. There have been reports of crypto-related entrepreneurs on the show. Yet, we found no mention of Bitcoin Miner or their developers on the show.

Has Bitcoin Miner Ever Been Endorsed by a Celebrity?

A trading robot that claims very high profit ratios for its users, it has garnered a lot of interest and we decided to check out if any celebrity has backed it as yet or not.

Bill Gates

Founder of Microsoft, Bill Gates and his company have been influential in the tech industry. Gates, though known to be vocal about technology, hasn’t said much about cryptocurrencies and we were unable to find any confirmed report of him ever endorsing Bitcoin Miner.

Richard Branson

Sir Richard Branson shot to fame with his Virgin Group, a company that is in flight, entertainment, and other industries. The owner of over 400 companies, Sir Richard has never been associated with Bitcoin Miner.

Elon Musk

While the internet is rife with Elon Musk these days, thanks to his clear positive attitude towards cryptocurrencies and his tweets, there have been different rumours of the Tesla CEO backing different crypto-related applications. We have extensively checked all possible sources and have not found Musk ever promoting or backing Bitcoin Miner.

Michael Saylor

MicroStrategy CEO Michael Saylor is one of the most prominent personalities when it comes to cryptocurrencies. His belief in digital coins and tokens is perhaps the most famous with his decision last year to turn a large portion of Microstrategy’s holdings into Bitcoin. Though he is connected to the crypto industry, there is no proof of him endorsing Bitcoin Miner.

5 Ways you can Maximise Success with Bitcoin Miner

Bitcoin Miner claims that its users can achieve a very high profit ratio but at the same time, it does warn that cryptocurrencies are volatile assets and there is always a chance of irrecoverable losses. While we agree on the possibilities of losses, there are a few ways that you can ensure you can mitigate your losses and maximise profits.

Start Small

It’s always best to be cautious and take baby steps at the start. Try putting in the minimum amount and experimenting with the different options available to see what works best for you. Slowly increase your investments only when you are confident and comfortable.

Save Some Profits

Split your profits into two parts. Withdraw some as savings or for your expenses. Keep a small amount within the app as it can come in handy if you come by an opportunity to reinvest. This will save you the time and effort required to go through the complete deposit routine again and again.

Follow the Advice of Experts

Even with its claims of advanced trading using AI and interpretation of different signals, it is a virtual machine in the end. You will always benefit from having information on when to start trading or pull out if you follow industry experts. The best way to go about is to search out who are the experts leading the market currently and follow their social media accounts.

Keep a Record of Tax Purposes

While you might be generating profits, remember that you are obligated to pay your government. Bitcoin Miner does say that it records all transactions and trades on a blockchain for transparency, but you are better off if you keep your own detailed record.

Only Invest what you can Afford to Lose

Though Bitcoin Miner claims that its use can result in very high profits, remember that cryptocurrencies are notorious for being volatile and investments can result in losses. The best thing you can do is to only invest an amount that you are willing to let go. Any higher amount and you might end up regretting it.

Our Conclusion: Bitcoin Miner

Our research into the trading robot Bitcoin Miner shows that there is ample evidence to say that the AI-powered application is what it says to be. There are positive reviews by its users and there is no suggestion of foul play.

Bitcoin Miner shines out from the rest of the competition with its use of advanced analytics, AI and a host of different trading metrics to give the best possible trade solutions for its users.

Bitcoin Miner is a legitimate product as far as we can tell and along with Bitcoin Madrid, PrimeBit Profit, Yuan Pay Group and others that we have tested so far.