Bitcoin Storm is an algorithm that carries out bitcoin trading on behalf of its users. The bot embeds on trading platforms such as the MT4 and presents users with an easy to use interface. This means that no trading skill is required to trade with it successfully.
Moreover, the bot has an alleged win-rate of 90% and supposedly generates a daily profit of up to $1k from a deposit of $250. But is Bitcoin Storm legit and is it worth your investment? Learnbonds seeks to answer these questions in this comprehensive review.
Read on to learn why we believe that Bitcoin Storm is legit and worth a try. You can go straight to the robot’s homepage through the link below if you already have enough information about this robot.
What is Bitcoin Storm?
Bitcoin Storm is a piece of software that automatically carries out all the functions of a professional crypto trader. The robot can conduct trading research with an alleged accuracy level of 90% and implement the insights automatically. Your role when trading with this robot is to open and close trading sessions and withdraw profits. Like most top-level trading robots, Bitcoin Storm performs optimally when left to run for at least 8 hours per day.
Bitcoin Storm algorithms are coded out of the trading strategies used by some of the world best bitcoin traders. The founder of this bot is alleged to be a millionaire who has made his fortune trading crypto. We did a background check on him and found out that he is well known in the circles of crypto trading. However, we did not find any information indicating how much he has made with Bitcoin Storm.
How does Bitcoin Storm work?
Bitcoin Storm relies on a number of brokers to execute its functions appropriately. These brokers’ roles include receiving deposits, facilitating withdrawals, and executing orders as instructed by the robot. From our investigation, it appears that Bitcoin Storm partner brokers are reputable and well regulated.
When choosing a robot, it is always prudent to ensure that its partner brokers are reputable. Scam bots are most likely to partner with unregulated offshore brokers. This means that you can determine the legitimacy of a trading robot by looking at its partner brokers. Bitcoin Storm brokers are regulated by top-ranking bodies such as the UK Financial Conduct Authority (FCA) and the Australian Securities and Investment Commission (ASIC).
Also worth noting, Bitcoin robots brokers are a bit different from the traditional brokers. For instance, these brokers rely on order execution systems that are much faster to ensure instant execution. When trading with a robot, a fraction of a microsecond is enough to build or wreak a trading account.
Robot brokers are also responsible for receiving deposits and facilitating withdrawals. A trading robot is not a financial institution and hence has no legal mandate to receive deposits. Trading robots such as Bitcoin Storm rely on partner brokers to receive deposits and facilitate transactions. With a well-regulated broker, you have an assurance that your money is safe even if the broker goes bankrupt.
What justifies Bitcoin Storm high alleged profitability?
Firstly, this bot eliminates the human emotions of fear and greed from trades. These two emotions are said to be the worst enemies of successful trading. A robot follows a strategy religiously irrespective of the short term up and downs. This makes it report an overall good performance at the end of the day.
Secondly trading bot such as Bitcoin Storm apply advanced tech in artificial intelligence and machine learning to carry out trading research. These technologies make it possible for the bot to analyze huge troves of data and come up with insights within a microsecond. Moreover, they are able to do this with high accuracy given that they can learn from data. Any successful trader knows that speed and accuracy are the key ingredients of success in any form of trading.
Thirdly, Bitcoin Storm partner brokers offer a leverage of up to 1:1000. Such a high level of leverage means that a trader with a deposit of $250 only can make trades worth up to $250k. This means that the profits they earn are multiplied to that level. It is no wonder that some traders report building their $250 trading accounts to a million dollar in less than a year.
High leverage is a double-edged sword given that it can also lead to catastrophic losses. It is likely that you have come across stories of people who lost all their capital within seconds. This is not unexpected in high margin trading. You may even find yourself having a negative account balance. Learnbonds suggests that you only trade with what you can afford to lose. As a beginner trader, do not deposit more than the minimum amount.
Is Bitcoin Storm a scam?
From our investigation, Bitcoin Storm appears to be legit. This bot has great reviews on platforms such as Forex Peace Army and the TrustPilot. Most of these reviews indicate that this bot performs optimally when used with the right settings. We will discuss these settings later in this review.
A test on their demo account shows that Bitcoin Storm is an easy to use robot. Their web-trader is made with the beginner trader in mind. The main features of the web-trader include the live button and the risk management features. You should not worry about these features since they are quite straightforward to use.
Risk management is all about defining the amount of risk you are willing to take per trade. Bitcoin Storm provides a guide to help you through the set up process. After the setup, all you need to do is to switch on the robot at the beginning of each trading day and switch it off at the end of the day. As mentioned earlier, Bitcoin Storm performs well when left to run for at least 8 hours per day.
The reviews we have come across indicate that Bitcoin Storm allows its users to withdraw their money whenever they feel like. There are no withdrawal charges or limits. The withdrawal process involves filling in the request form and waiting for 2 working days for your funds to process.
How to trade with Bitcoin Storm
We find the trading process with this robot to be surprisingly easy. You do not need to know any technical jargon to use this robot. Moreover, Bitcoin Storm provides a guide to help through the setup and trading process.
Bitcoin Storm is only accessible in countries where it has a regulated broker. You can visit their website here to determine if it is accessible in your jurisdiction. If not, you can try Bitcoin Circuit, another robot with high alleged profitability and with wider coverage. We suggest that you go through our Bitcoin Circuit review to learn more.
The registration process with Bitcoin Storm is secure and hassle-free. Simply visit their website and fill the registration form presented on the top-right corner of the page. You will need to give your names as they appear on your government ID and a working email and phone number. As is expected, you will be asked to verify your email and phone number.
Bitcoin Storm applies top-level data protection measures. Their site has adequate encryption which means that no third party can intercept web-traffic and copy data. Secondly, the bot has a robust data protection policy in place. This policy dictates that they can never share users’ data with third parties without permission.
After registration, Bitcoin Storm automatically matches you with a partner broker in your jurisdiction. You need to submit more details with the partner broker and verify your identity via a government ID check and proof of address by submitting a recent bill. This step is mandatory with any broker worth their salt.
Regulators in the majority of countries nowadays require financial institutions to adhere to stringent Know Your Customer (KYC) measures. These measures are meant to flag suspicious transactions and subject them to further scrutiny. This is in an effort to curb the global menace of money laundering.
Bitcoin Storm partner brokers accept deposits via all debit and credit cards, wire transfer, e-wallets such as Neteller, Skrill, and Webmoney, and Bitcoin. From the reviews we have managed to look at, this robot does not charge any deposit fees. Furthermore, all deposits facilitate instantly.
iii. Demo trading
After deposit, you now have the opportunity to try Bitcoin Storm through a demo account. This step is not mandatory but we recommend that you go through it. The role of the demo is to help you get familiar with the features of the live platform.
Bitcoin demo account trades on historical data and is therefore reflective of what traders should expect in live trading. Learnbonds recommends that you play around with the risk management features when trading with the demo account to determine which level of risk is better for you.
As a rule of thumb, we recommend that you do not risk more than 10% of your account per trade. High risk per trade increases your chances of making losses.
iv. Live trading
The live trading process with this bot is also quite straightforward. All you need to do is to set your desired level of risk and click the live button. Bitcoin Storm is 100% auto and hence you do not have to keep monitoring your account. It is recommended that you let this robot run for at least 8 hours per day to get maximum results out of it.
Furthermore, you should time when the crypto markets are highly volatile and let the robot run then. Wall Street is one of the major drivers of bitcoin volatility given the many bitcoin-related derivatives that are traded there. Consequently, you should open a trading session with this robot when New York Stock Exchange opens and end it when the stock exchange closes.
You should also keep up to date with bitcoin-related news to ensure that you do not lose any opportunity.
All trading carries risk.
Is Bitcoin Storm legit? Our Findings!
Bitcoin Storm appears to be legit. Our analysis reveals that this bot is well-liked by most users. There are a lot of good reviews about this bot performance, ease of use, safety, and customer service. We have done a demo test on Bitcoin Storm and found it to be highly intuitive. You can go ahead and try this bot through the link below. Please update us about your experience in the comment section below.
Yes! We found a lot of evidence that indicates an excellent user experience with this bot. You can try it and let us know how you find it. No! Bitcoin Storm appears to be based on real technologies. There is evidence that its platform is powered by AI and ML. The minimum deposit with Bitcoin Storm is $250. Learnbonds suggests starting small and growing the size of your account by ploughing back profits. Bitcoin Storm allegedly makes up to one thousand dollars per day from a deposit of $250. However, this is not to mean that this amount is guaranteed. Your earning potential depends on the current market conditions. Yes! Bitcoin Storm allows users to withdraw their funds whenever they feel like. Simply fill a request form and wait for up to 2 working days.
Yes! We found a lot of evidence that indicates an excellent user experience with this bot. You can try it and let us know how you find it.
No! Bitcoin Storm appears to be based on real technologies. There is evidence that its platform is powered by AI and ML.
The minimum deposit with Bitcoin Storm is $250. Learnbonds suggests starting small and growing the size of your account by ploughing back profits.
Bitcoin Storm allegedly makes up to one thousand dollars per day from a deposit of $250. However, this is not to mean that this amount is guaranteed. Your earning potential depends on the current market conditions.
Yes! Bitcoin Storm allows users to withdraw their funds whenever they feel like. Simply fill a request form and wait for up to 2 working days.