Bitcoin Compass is a classic “Get Rich Quick” trading software, that started operating in August 2018. The truth is that Bitcoin Compass is just another get rich quick scam.
Learn why You Will Lose Money with this app, read this!
Why Bitcoin Compass is a Scam
There were a few problems we noticed during our review of Bitcoin Compass.
- Claims of potential profits are ridiculously high, and you will end up with complaints.
- We could not use a legal broker, they directed us to a scam called WiseBanc.
- There is actually no software or trading signals, just a redirect to their partner broker.
- Originally the official website was at: https://thebitcoincompass.com/, now it doesn’t work.
You see how they write:
“Join Bitcoin Compass Today and Become a Millionaire Tomorrow!”
How do you think that is going to happen? With a broker who never pays back their investors! You would be better off looking at one of the Popular Trading Systems.
Bitcoin Compass Review
You were probably intrigued by the video you watched, and want to know if other people are making money using the system.
Bitcoin Compass is just like hundreds of other Fake bitcoin trading robots. When you watch the video, the actors sound very convincing and genuine. They want you to believe that they are somehow connected to real Bitcoin trading, but once you signup, you will be directed to an offshore Forex broker, with no signals.
Real investors who are trading CFD’s on Bitcoin, Ripple and Ethereum know, that a trading signal is only as good as the timing of the trade. If some tells you to buy Bitcoin because it is going up, you will make money, only if you buy and sell at the correct time. If you buy to early or too late, especially with a CFD broker, you will lose money!
Compare this software with popular Free Trading Signals.
Scam Broker Warning!
Most bitcoin CFD trading software apps you see, are working with unregulated brokers. To understand how they trick you and steal your money, go read about the Investing Scam.
Online investing can be fun and even profitable, but you must be using a licensed and regulated broker. Go visit our best brokers page, and you will find local brokers that are licensed in Australia. Every country has their own government regulatory agency, that licenses brokers, like the FCA which regulates ForTrade, and ASIC Australia which licenses PepperStone.
Bitcoin Trading Robots
There are so many systems to choose from, so go look at the list of popular robots, look here.