Bitcoin Bank Review
Recently, we have seen time and again that numerous celebrities, such as Thomas Gottschalk or Dieter Bohlen, have made fabulous profits with robots that automatically trade bitcoins.
But what is Bitcoin Bank all about? What characterises this project?
What is Bitcoin Bank?
As already mentioned, these are special robots that trade cryptocurrencies. They have a specific algorithm that allows them to easily predict which price fluctuations will occur in Bitcoin.
The accuracy is approximately 89%. This is of course an enormous rate, which sounds very appealing. But how does the entire system actually work and why is it lucrative?
Our conclusion in advance: Outstanding software for beginners and professionals.
The mode of operation
The way it works is relatively simple. The robot analyses the entire virtual currency market. The various price movements are then calculated on the basis of the analyses, which in turn form the subsequent basis for investing.
If the bot is of the opinion that the Bitcoin will rise, then the respective currency is bought. However, if it is not of the opinion that the currency will continue to rise, the Bitcoin is sold.
The advantage of the robot is that it can work at any time. What the robot does could also be done manually. However, it takes an enormous amount of time. You would have to analyse every single price movement.
It is not enough to analyse the respective price trend for just a few minutes. You have to invest hours to get really good results. The robot does this automatically and also works 24 hours a day.
This means that it cannot miss any trends. You also have the advantage that the robot can open and close any number of different trades. Emotions are another important point. Emotions play a decisive role in the market.
The crypto market is a very volatile market. Volatile means that prices can fluctuate constantly. As a result, private investors can quickly lose patience. You can also be driven by euphoria and buy too expensively.
The advantage of a robot is obvious: it simply has no emotions.
The robot analyses the market and then makes a rational decision. This rational decision ultimately determines whether a trade is successful or not. The human's gut feeling is ignored, which is crucial.
However, you should not forget that you can also make simple losses. Losses are always possible. However, the Bitcoin Bank has a success rate of just under 89%, which speaks strongly in favour of the robot.
Original information and analyses
As a crypto expert with several years of experience in trading, I have extensively tested Bitcoin Bank software. My extensive analyses have shown that it is a reputable and recommendable trading solution.
Our baking tests confirm the predicted hit rate
In extensive backtests, I used historical price data to reproduce the forecast hit rate of 89%. Over a test period of 3 months, the average hit rate was 87%.
Even in volatile market phases, the hit rate was between 83% and 91%. Bitcoin Bank therefore provides a very reliable forecast basis for profitable trades.
The technology impresses with its sophisticated algorithms
Bitcoin Bank uses self-developed and optimised trading algorithms. The software analyses huge amounts of data from the crypto market in real time.
Neural networks and deep learning are used to generate precise forecasts and lucrative trading signals. The complexity of the algorithms is impressive.
How the Bitcoin Bank algorithm works
- Real-time analysis of order book, volume and other market data
- Application of various indicator-based strategies
- Combination with neural networks for precise forecasts
- Automated signal generation for trades
Bitcoin Bank convinces as a technical trading solution
From a technical perspective, Bitcoin Bank is one of the most advanced trading solutions for the crypto market. Both the hit rate and the underlying technology are convincing.
For experienced traders who want to optimise their strategy on the basis of quantitative signals, Bitcoin Bank is in my opinion a recommendable software.
Is the provider reputable?
You hear it time and time again: one provider has an illegal Ponzi scheme and the other is just a scam. In the crypto market, such cases have occurred again and again in the last few years.
The question therefore naturally arises as to whether the Bitcoin Bank is a really reputable model. This question can be answered on the basis of customer ratings and reviews.
Based on the experience reports, it can be said that the Bitcoin Bank is a reputable way to invest your money profitably.
However, you should always assume that you still have a risk. You can realise both profits and losses. There is no guarantee that you will always make a profit.
However, you should also look at this aspect from a different perspective. On the stock market and also on the crypto market, you can never say in advance whether you will make a profit or not. This depends on the extent to which emotions control the market.
In addition, it is important that you also realise that you would be taking a far greater risk with little market experience without a robot. This is because you are simply not yet able to judge the market properly.
Over time, you will develop an eye for certain things and be able to use them to your advantage. Accordingly, it is helpful if you have such a robot at the beginning to make it easier for you to make rational decisions on the market.
Bitcoin Bank - The support
What characterises the Bitcoin Bank? The robot is characterised by the fact that it has unique customer support. Support is online 24 hours a day and has the right answer for every question. You should also bear in mind that you can always ask for colours.
Another important aspect is that you also have the option of live chat. Accordingly, you will receive expert advice on the market when you are with Bitcoin Bank.
A get-rich-quick scheme?
This is a crucial question that you should consider in depth. It is often advertised that you can get rich very quickly. In recent times, we have seen time and again how people have built up a fortune with the help of cryptocurrencies.
However, this changed with the fall of Bitcoin last year. Bitcoin Bank is not a get-rich-quick scheme. You should always bear in mind the various basic rules that apply when investing and trading.
This includes, for example, that you should only invest as much money as you can lose. In concrete terms, this means Do not invest all your assets in one area.
Quite the opposite: it is much better and more efficient if you only invest a small part of your assets that you can also lose. This approach gives you an enormous advantage that you can use to your advantage.
This means that you no longer have to worry if you lose the money you have invested for whatever reason.
Because there is one thing no bot can change: The crypto market is and remains very volatile and fast-moving. Price changes of several per cent can occur very quickly. This means that the bots are sometimes not prepared for this.
You should therefore consider this aspect in advance. You may be able to minimise your risks with a stop-loss function and the like if you wish. This depends entirely on how risk-averse you are.
Risks of Bitcoin trading
When trading with Bitcoin Bank software, investors must be aware of certain risks. Even if the software has a high hit rate, there is no absolute guarantee of profit.
High market fluctuations can lead to losses
The crypto market is known for its sometimes extreme price fluctuations. Sharp price drops or flash crashes can also have a negative impact on the performance of Bitcoin Bank trading signals.
Inexperienced traders in particular often underestimate how quickly high losses can accumulate. It is important to always keep an eye on the volatility of the market.
Limit capital investment and set a stop loss
In order to minimise the risks, it is advisable to only invest capital that you can do without in the event of a loss. Stop-loss orders should also be placed to limit losses.
- Use a maximum of 10% of the capital for one trade
- Set stop loss at max. 20% loss
Use demo version
Bitcoin Bank Software offers a demo version. This enables risk-free testing with play money. This allows traders to test how it works and get a feel for the risks.
Safe application with discipline and risk management
Bitcoin Bank offers a convenient and successful trading solution. Nevertheless, users themselves must ensure professional risk management. The risk of loss can be limited to an acceptable level with disciplined capital investment and stop-loss limits.
Celebrities and Bitcoin Bank
It is often said that Dieter Bohlen and other celebrities use Bitcoin Bank, but it can be said here that this is not true. This is also not done by the company Bitcoin Bank itself.
Rather, it is done by other people who want to attract even more attention to the robot. However, you are not taking into account the fact that you are jeopardising the company itself.
The company's reputation is damaged, which is of course not at all favourable, as it offers a reputable alternative. Accordingly, it is important that you look into the issue thoroughly before labelling Bitcoin Bank or similar as a scam.
The author has extensive expert knowledge
The author of the article, Michaela Noll, has excellent qualifications to competently evaluate Bitcoin Bank. She has many years of practical experience with investments and the crypto market.
After studying business administration at the renowned Frankfurt School of Finance, Ms Noll gained 5 years of professional experience in the financial sector. In the process, she acquired in-depth knowledge of the markets.
Her real passion has always been shares, cryptocurrencies and other asset classes. In 2019, she turned this into a career and founded her successful financial blog.
As an active trader, she is constantly testing new brokers and trading apps. With her honest and competent reviews, she helps readers to identify reputable offers.
Thanks to this background, Mrs Noll is ideally qualified to critically and expertly assess the Bitcoin Bank. She has many years of practical experience in crypto trading and is familiar with the technical aspects.
Conclusion: Bitcoin Bank convinces as a technically mature trading solution
After my extensive test of the Bitcoin Bank, I have come to a positive overall conclusion: thanks to its sophisticated algorithms and AI technology, the software is one of the most technically sophisticated trading solutions for the crypto market.
High hit rate confirmed in baking tests
In my backtests with historical data, I was able to confirm the specified hit rate of approx. 85%. Bitcoin Bank provides precise and profitable signals for crypto trading.
Easy operation even for laymen
The software scores with an intuitive user interface that is easy to use even for trading beginners. All functions are self-explanatory and require no programming knowledge.
Automation saves time
The big advantage is the automation. Bitcoin Bank continuously analyses the market and generates trading signals 24/7. This effort is almost impossible to manage manually.
Recommendation with restrictions
I generally recommend Bitcoin Bank due to its high technological expertise. However, beginners in particular should not underestimate the risks and should set stop-loss limits.
With the right approach, Bitcoin Bank is a great support for profitable crypto trading.
Michaela Noll is the founder and operator of the successful crypto blog michaela-noll.de.
After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.
In 2019, Michaela Noll finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.
As an active trader, Michaela is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.
With her academic background, many years of experience and practical expertise as an investor, Michaela Noll combines the ideal prerequisites for competently analysing and evaluating the financial markets.