Bitcoin Loophole is a fake Crypto trading signals software, that works with a variety of unlicensed CFD Forex brokers.
If you deposit money at their “recommended” offshore broker, you will never see it again! You can see how these types of scams work by reading this.
WARNING! The Dragons Den Advertisement You Saw is Fake!
See the real Crypto Trading Systems listed here
Bitcoin Loophole Review
This trading software that Bitcoin Loophole uses, is just a random signals generator we have seen before at other get rich quick websites. We thoroughly reviewed the software and here is what we saw from the product.
The Bitcoin Loophole shows you the asset to trade, time that the signal is valid, their confidence level, and the ability to place a trade. We could not ascertain from the signals, how long the trade should be for. Is it going to make money in 5 minutes or 5 days?
Although you cannot see the trading signals, unless you deposit money at their “recommended broker”, this is what the actual software look like (see image below).
You are better off using a real trading robot, see here.
Quality of The Trading Signals
The first question that you as an investor needs to ask yourself, before using a trading system is; What are the alerts based on?
If someone tells you to buy the British Pound (GBP/USD), is that a good trading idea? We need to first know; When should I buy it? and How much should I pay for it. Look at the chart below with 4 different buy signals. Which one actually works?
So the moral of the story is, that there are many trading systems for Bitcoin and Forex, but you really need to do your own research.
Although the the video on Bitcoin Loophole mentions that you will make thousands of dollars, the truth is, there is no guarantee.
Warning About Broker Scams
A big problem with investing online is that many rogue brokers setup websites like Bitcoin Loophole, to lure investors into dreams of making millions. All Forex brokers must be licensed and regulated in order to accept client funds, and provide investing services.
If you invest your money with an broker that is not licensed, there is a good chance they will never return it to you. You can see the various complaints about brokers, read this.
A few licensed Forex brokers offer a Robo Advisor or Automated Trading Solutions, see here.