Bitcoin Loophole is a fake Crypto trading signals software, that works with scam Forex brokers.
If you deposit money at their “recommended” offshore broker, you will never see it again! You can see how this scam works by reading this.
WARNING! The Dragons Den Advertisement You Saw is Fake!
Go use a real forex broker like EasyMarkets.
Bitcoin Loophole Review
This trading software that Bitcoin Loophole (AKA BTC 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! Offshore Brokers
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 at broker that is not regulated or licensed, they will never let you withdraw your money.
You can see the complaints people wrote, read this.
A few licensed Forex brokers offer Copy Trading or Free Trading Signals, see here.
Start with a Free Demo Account, Signup here.