Bitcoin Fortune Review 2020: Legit or Scam? Live Results!
Bitcoin Fortune is one of the most popular bitcoin trading robots globally. This bot is said to have over 300k users in over 120 countries across the globe. Bitcoin Fortune has an alleged win rate of about 90%. Moreover, some reviews indicate that this bot makes a daily profit of $1500 per day from a small deposit of $250.
The high alleged profitability is one of the reasons many people are sceptical about the legitimacy of Bitcoin Fortune. This review clears the air on whether Bitcoin Fortune is legit and if it is true that people can earn high returns through it.
Learnbonds investigation finds Bitcoin Fortune to legit and trustworthy. Read on to understand how we have come to this conclusion and what you can do to get the most out of this robot.
What is Bitcoin Fortune?
Bitcoin Fortune is a computer program equipped with algorithms that borrow from tested and proven crypto trading strategies. These strategies come from some of the world most renowned crypto traders.
The founders of Bitcoin Fortune are crypto traders who have allegedly made millions of dollars trading crypto. We did a background investigation and did not find enough information about these founders. However, this is not to mean that the claims are not valid.
Bitcoin Fortune, as the name suggests, aims to help people with little crypto trading experience to ride the ongoing crypto craze. The bot allegedly makes money in both the rising and falling bitcoin markets through strategies such as short-selling. This means that even as bitcoin prices continue to plummet, users can still generate a considerable return.
How does Bitcoin Fortune work?
Bitcoin Fortune uses advanced technologies in Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP) to conduct trading research. AI, ML and NLP technologies have become the pillars of algorithmic trading not only in crypto but in other asset classes including forex and stock trading.
These technologies enable Bitcoin Fortune to conduct both the fundamental and technical analysis with an alleged accuracy level of about 90%. Such degree of accuracy implies that the robot’s predictions are right in every 9/10 trades. Fundamental analysis involves gleaning insights from qualitative data such as news and tweets. Bitcoin Fortune can supposedly differentiate authoritative news sources from the fake ones and hence is mostly right.
On technical analysis, this bot analyses, thousands of charts to come up with tradable patterns. The bot conducts all trading research at supersonic speed to ensure that it capitalises all trading opportunities that come by.
What justifies Bitcoin Fortune alleged profitability?
Bitcoin Fortune alleged profitability is justified by several factors. The first one is the trading technologies used by this bot. As explained above, Bitcoin Fortune relies on AI and its subsets of NLP and ML. These technologies are prevalent in high-frequency trading, a technique that involves transacting a large number of orders in a split of a second.
High-Frequency Trading is known to have generated its fair share of millionaires in the forex and stock trading spheres. In crypto trading, it’s only Bitcoin Fortune and a few other trading robots that have managed to integrate these technologies.
Another thing that makes Bitcoin Fortune have such high alleged profitability is the level of leverage provided by its partner brokers. For the record, robot brokers’ responsibilities include handling transactions and facilitating order execution. Robots are usually not registered as financial institutions and therefore lack the mandate to receive deposits.
It is always essential to ensure that a robot’s brokers are well regulated before signing up. A regulated broker is a guarantee that your deposit is safe even when the broker goes bankrupt. Bitcoin Fortune robot brokers offer a leverage of up to 1:1000. This level of leverage enables users to be on trades worth more than one thousand times their capital. Case in point, a trading account with a small deposit of $250 can make bets worth up to $250k.
High leverage generally magnifies profits, but it can also result in catastrophic losses. Consequently, you should only trade with an amount that won’t devastate your life if you lose it.
All trading carries risk.
Is Bitcoin Fortune legit or scam?
We find Bitcoin Fortune to appear to be legit. This bot is among the few that apply advanced technologies in AI and ML to conduct trading research and execute trades. We have investigated its partner brokers and found them to be trustworthy. The type of broker that a robot partners with is crucial given that scam robots always partner with sham offshore brokers.
As usual, we have carried a demo test on Bitcoin Fortune and found it to be easy to use. We can confirm that no expertise is needed to use this robot. The only thing that a user needs to do is to adjust risk settings as instructed in the trading manual and click the live button. If you are a beginner trader, we recommend that you let the robot run at default risk settings.
Learnbonds has also reviewed the information on Bitcoin Fortune website and found it to be truthful. The alleged profitability appears to be accurate, given the many individual consumer reviews indicating so. Moreover, we can confirm that this bot is 100% free and allow users to withdraw their funds anytime of the day and without any charges. Furthermore, there are no withdrawal limits which means that users can pull out their invested capital.
How to register with Bitcoin Fortune
It takes only a few minutes to create a trading account with Bitcoin Fortune and begin trading. As mentioned above, you do not have to buy a trading license to use this robot. Moreover, this bot runs on autopilot, and hence, no trading skill is required to use it.
Bitcoin Fortune is only accessible in jurisdictions where it is in partnership with a regulated broker. You can try the robot here to determine if it is available in your country. If not, read our comprehensive top bitcoin trading robots 2019 for other top-ranking trading robots.
STEP ONE: Registration
Visit Bitcoin Fortune website and register your details in a form displayed on the top right corner. You will need to submit your name, email, and phone number to proceed. As is expected, you must verify your name and phone number.
This step will also involve creating a strong password for your account. Bitcoin Fortune requires users to observe strict password security measures. This is important given that at least 95% of all successful cyberattacks begin with a weak password.
Learnbonds can confirm that Bitcoin Fortune has all the necessary measures in place to ensure that your personal information, including billing details, are safe. The bot is GDPR compliant and hence does not share data without the owner’s permission.
STEP TWO: Identity verification
After registration, you redirect to Bitcoin Fortune partner broker page where you are asked to submit more details. You will also be asked to verify your identity and current address in this step. Identity verification takes place through a government ID check while proof of address involves submitting a recent bill that shows current address.
This step is mandatory with all well-regulated brokers. Regulators nowadays require firms that handle deposits to adhere to stringent Know Your Customer (KYC) measures to prevent incidents of money laundering. Bitcoin Fortune partner brokers verify identities within 12 hours of submission.
STEP THREE: Deposit
After ID and Proof of Address verification, you can go ahead and make a deposit. Bitcoin Fortune partner brokers accepted deposit methods include Visa, Master Card, Wire Transfer, Neteller, Skrill, and Webmoney. Deposits can also be made through bitcoin Wallets.
Deposits through wire transfer, most e-wallets, and debit and credit cards reflect in a trader’s account instantly and do not incur any charges. Those made through skrill and bitcoin can take up to an hour to reflect and may incur a small fee.
As explained earlier, Bitcoin Fortune handles users’ data, including billing information with care. You do not have to worry about data safety when trading with this robot.
STEP FOUR: Demo trading
Bitcoin Fortune offers a demo to help users familiarise with the actual web-trader before going live. The demo account is for practice and enables you to avoid costly mistakes during live trading. Bitcoin Fortune relies on historical data to simulate real market conditions and hence provide a clear picture of what to expect in live trading.
It is through the demo account that you should test different risk levels and determine what works best for you. This account should also give you a clear picture of how the bot reacts in different market conditions.
STEP FIVE: Live trading
After demo trading, you can now go to the live account. Bitcoin Fortune is entirely auto, and hence you do not have to spend a lot of time monitoring your account. You need less than 20 minutes per day to open and close trading sessions and reinvest or withdraw earnings. Consequently, you do not have to alter your daily schedule or burn the midnight oil to use this bot.
Bitcoin Fortune performs optimally when left to run for at least 8 hours daily. Moreover, this bot is likely to do better when the US markets are open. Wall Street is a crucial driver of bitcoin volatility given the high level of bitcoin-related derivatives traded there.
Trading robots such as Bitcoin Fortune make money during high volatility. Consequently, you should time when it is daytime in Wall Street and let the bot run then. You should end trading sessions at the close of business in New York Stock Exchange. It is also essential that you follow the latest happenings in the crypto market to determine when the markets are likely to be more volatile. Remember that the robot should be running during periods of high crypto volatility.
Is Bitcoin Fortune legit? Learnbonds findings!
Learnbonds investigation confirms that Bitcoin Fortune is legit. This bot has excellent user feedback on independent sites such as Forex Peace Army and Trustpilot. Most reviewers are happy with Bitcoin Fortune performance.
Moreover, most reviewers are happy with how easy it is to use and its seamless withdrawal process. You can try Bitcoin Fortune via the link below and let us know about your experience in the comment section below.
1The Best Choice
- 88% Claimed win rate
- $250 Min Deposit
- Accepts credit card and Sofort
FAQsIs Bitcoin Fortune worth a try?
Bitcoin Fortune appears to be legit and has high alleged profitability. However, this is not to mean that it is risk-free. We believe that it is worth a try but with a deposit of not more than $250.Is Bitcoin Fortune a Ponzi scheme?
No! Bitcoin Fortune is based on tested and proven trading techniques. This bot alleged profitability is as a result of the trading technologies that it relies on.How much can I make with Bitcoin Fortune?
Some of the reviews we have seen allege that Bitcoin Fortune can make up to $1k per day. However, we cannot guarantee the truthfulness of these claims given that we have not done a live test on this bot.How do I withdraw from Bitcoin Fortune?
Submit the withdrawal request form and wait for up to 2 business days for your funds to process.Scroll Up