- Up to $5k Profit pm
- Start Investing Just $25
- No Experience Required
|Support Types||Email , Chat , Phone|
|Minimum 1st Deposit||$100|
|Minimum Trade Amount||$25|
|Free Demo Account||Open Demo|
|Trading Currency||Bitcoin , Ethereum , Litecoin , Ripple , EUR , GBP , USD|
|US Traders Allowed|
- Robust Trading Performance
- Low Minimum Investment
- EU-based Broker
- Limited Investment Universe
- No Mobile App
What is Bitcoin Loophole Trading Robot?
Bitcoin has the most market capitalisation and trading volume among all cryptocurrencies. Bitcoin’s 1,900% surge in the price, at one point, attracted the attention of many professional and individual traders. Since then, many investors were able to generate substantial profits by investing in cryptocurrencies online and Bitcoin Loophole is one of such platforms. Bitcoin Loophole is an automated trading system, or trading robot, that allows investing in cryptocurrencies on autopilot using computer-generated signals. Bitcoin Loophole is also offering ultra-fast orders execution, high reliability and efficiency together with enormous accuracy not available to human traders. Bitcoin Loophole trading robot is very easy to use and most popular among beginner investors. Many of them report that they are able to generate a passive income of around $4,000-5,000 per month from investing in cryptocurrencies with trading robots such as Bitcoin Loophole. So can you make money with trading robots such as Bitcoin Loophole? Are their trading algorithms reliable? We have completed this Bitcoin Loophole review to answer these questions and provide an in-depth analysis of this cryptocurrency investment platform.
Bitcoin Loophole Trading Robot Features
As we mentioned before, Bitcoin Loophole is an automated trading system that allows investing in cryptocurrencies on autopilot. The software uses scalping trading strategy, providing analysis of ultra-short-term timeframes, it has comparatively frequent entries during active market hours, and laser accuracy in trade execution. Bitcoin Loophole cryptocurrency trading robot works with several open positions simultaneously, but it does not hold deals for a long time, cutting losses automatically. That approach is impossible for human traders, especially in the scope of quick reaction on changing market conditions. The trading algorithm generates quite a large number of trading signals, but the option of manual orders execution is unavailable as most of the signals must be executed instantly, otherwise, the risk of loss gets higher.
Trading robots such as Bitcoin Loophole can make money in both market directions, i.e. in times when the price is going up or down. Bitcoin Loophole actually works best when the prices of Bitcoin are highly volatile, as such market conditions present many more opportunities to profit from short term price moves. By making a large number of small trades and holding them for a short time, Bitcoin Loophole is aiming at average to make more winning trades than losing ones in order to close the day in profit. That is why trade accuracy is so important and it has been around 70-75% for Bitcoin Loophole robot.
One of the key advantages of Bitcoin Loophole is that beginner investors can easily use it without any prior investment experience. The trading platform has a very user-friendly interface and intuitive design. It only displays the most important settings and trading room view with the rest of the operations run at the background.
Another reason why Bitcoin Loophole is so popular among individual investors is that it works with CFD brokers, meaning you can start investing with as little as $25 per trade and $1oo minimum deposit. The way CFD works is that you don’t invest in the underlying asset (like on crypto exchange) but rather making a financial bet on the price move. Because you do not buy the whole digital asset which would require significant capital commitment, you only need to put enough money to cover the potential move in the price. While the initial investment is small, investors will still benefit from the full price upside which makes Return on Investment considerably higher. But you also have to remember about potential losses. Investing is a high-risk business and you should not invest more than you are prepared to lose.
Depending on your location, Bitcoin Loophole will automatically select and open an account for you with the best available CFD broker in your country, so you don’t have to go through this process twice, As we have been writing this Bitcoin Loophole review from the UK, we have been connected to the Kodimax, a CFD Broker registered in Bulgaria. Kodimax is a specialist cryptocurrency broker which operates a cutting edge trading platform and allows connectivity to the Bitcoin Loophole via an API. While this CFD broker is not regulated, we understand that it operates in the crypto market which is not regulated in general. But it is located and complies with all the laws in the EU so that gives us additional comfort. The broker operates 24/7 support in different languages and offers fast trade execution speed and competitive spreads. It is good to know that Bitcoin Loophole works with a strong CFD broker but in reality, you won’t be using the platform too much. All the trading can be run from the Bitcoin Loophole trading dashboard and you will only need to monitor your position occasionally as all the trading will be done on autopilot.
The broker’s trading room has additional options for experienced users to trade manually including chart tool, list of assets available to trade with statistics data. Cryptocurrency investors can use this advantage for long-term investments in the crypto market, as well as for analysis and predictions. The platform gives a wide choice of additional analysis and trading instruments. Here is how the broker’s trading room looks like.
How to Start Investing with Bitcoin Loophole Trading Robot?
Step 1 – Open Free Account
The sign-up form is placed on the right side of the Bitcoin Loophole website main page, and all you need to provide is an email address and full name to get access to the platform. Once, the registration process is done, you will receive a verification email and will be able to get into the trading room. The customer service representative will also reach out to you to finalise the account set up.
The screenshot below shows how the Bitcoin Loophole trading room looks like.
Step 2 – Deposit Funds
Based on your geographical location, Bitcoin Loophole will automatically connect you to the CFD broker available for your country and open an account for you. You can deposit funds using various payment methods in EUR, USD and GBP but before that, you will need to complete the KYC and AML process by proving a copy of your passport and proof of address. That is required by the broker to comply with all the regulations.
Step 3 – Adjust Settings and Start Investing
Once the funds reach your account, you are ready to start investing in cryptocurrencies. One of the most considerable advantages of the Bitcoin Loophole trading algorithm is that you can set own parameters for the software depending on the individual trading strategy, financial goals and risk appetite. It is highly recommended to do so before launching the software on the real account. The settings page is easy to understand, and it includes main settings such as Trade Amount, Trade Stop Loss, Daily Take Proffitt, Daily Stop Loss, Max Concurrent Trades and Max Daily Trades. You can also choose which cryptocurrency pairs you want to invest in. With Bitcoin Loophole, you can trade the most popular cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin against EUR and USD.
One of the advantages of the Bitcoin Loophole is that it also gives new users an ability to test their trading algorithms with $1,500 of virtual cash. Right after you turned the algorithm on, it starts opening deals, which appear in Open Trades window once they’re opened. Trading history shows the list of closed positions, while the statistics menu indicates total profits, current balance and the number of winning deals. We have run a demo trading account for about 2 hours and reached $1,150 in profit target with 70-75% of accurate trades. While our trading settings were more aggressive, we think it is realistic to achieve a trading profit of up to $1,000 a day with moderate risk strategy.
Can I Make Money with Bitcoin Loophole Trading Robot?
This is the question we have been asked numerous times by our readers, and after completing this Bitcoin Loophole review we can conclude that the answer is Yes. Of course, this will also very much depend on the market conditions and the trading strategy works best when the prices are volatile. The strategy will perform less effective in the one-direction prices moves and it will be more difficult to achieve profits. Many individual investors report that they are able to generate up to $5,000 in passive income per months while spending only 30 minutes a day in front of the computer. There are also users who are making considerably more but that would require additional commitments and can be a bit riskier.
Is the Bitcoin Loophole Scam or Legit? Our Verdict
Trading online in the financial markets is involved with a risk of losing capital. Foreign exchange (Forex), Contracts for Difference (CFDs) and cryptocurrencies are one of the riskiest types of asset classes, with the crypto being the most volatile among others. Any professional company warns that past performance does not guarantee future results amid rapidly changing market conditions, and Bitcoin Loophole is not an exclusion. The number of retail brokerage companies jumped recently, which suggests tight competition. Some of them do not shy using such a marketing instrument as blackmailing, posting fake reviews of the largest competitors, calling them scams. Moreover, the financial industry with large financial institutions based on traditional investment strategy found the crypto market as a potentially dangerous alternative to their capital inflows, threatening to grab a significant market share out of the regular system. Some of the institutional investment companies continue naming the whole crypto industry with the market cap exceeding $220 billion the largest scam in the financial sector ever. Although Bitcoin Loophole offers an approved choice of available brokers depending on the user’s region, usually none of the monetary authorities regulates some of them. But there is a number of factors that suggest that Bitcoin Loophole is not a scam.
Third, Bitcoin Loophole does not gain on clients’ profits or losses as it’s not a financial services firm, thus, investors should open an account with a brokerage company before using the algorithm. In our case, we have been connected to the specialist cryptocurrency CFD broker registered and operated out of the European Union. While the broker is not regulated as it specialises in crypto, it offers an advanced trading platform, fast trading speed and a range of popular crypto assets to invest in. Support is also available 24/7 and in a number of different languages.
Generally, feedback about Bitcoin Loophole from the cryptocurrency investment community is positive and many people have managed to create an additional source of income.
Bitcoin Loophole Trading Robot Review – Conclusion
After completing this Bitcoin Loophole review, we can report that our experience with this trading robot was positive. User-friendly design and intuitive interface make it available to every investor. You don’t need to have prior trading experience or understand the markets in order to start investing with the Bitcoin Loophole. The computer program will do all the trading for you and you will only need to monitor it occasionally and adjust trading settings when required.
Bitcoin Loophole is working with reputable brokers, and in our case, we have been trading through EU-based trading platform. While the number of crypto assets was limited only to 4 largest ones – Bitcoin, Ethereum, Litecoin and Ripple, we don’t see this to be much of a problem as most of the crypto market is highly correlated. You can start investing in Bitcoin with as little as $25 per trade and $100 minimum deposit required. The customer service support was good and helped us to complete the onboarding process.
The trading performance of the Bitcoin Loophole during normal (i.e. volatile) market conditions was pretty strong. We were able to generate $1,150 trading profit in just about two hours by placing just $75 per trade. We think that with moderate trading settings it is possible to generate up to $5,000 in trading profit per month.
Of course, it is always important to be careful and manage your risks accordingly. We would be delighted to hear from our readers about their experience investing in cryptocurrencies with Bitcoin Loophole. Please share your trading performance results and general feedback in a direct message or comments section below.