As the unfolding pandemic is biting harder on the world economies, with the attendant effect of loss of jobs and reduced living standards, most people are increasingly turning to alternative sources of income to make both ends meet. That has consequently increased the popularity of Bitcoin and other cryptocurrencies.
The rising price of Bitcoin has brought about the rapid increase in the number of investment outfits that promise to increase the fortunes of crypto investors. One of these investment outfits that promise a high return on investment is the Bitcoin Revolution.
In this Bitcoin Revolution review, we examined the features and activities of the platform to guide investors in making informed decisions before investing their money in the Bitcoin Revolution trading tool.
Bitcoin Revolution Review
Bitcoin Revolution brands itself as an automated and robotic cryptocurrency trading system for investors. According to its website, Bitcoin Revolution is a mobile and desktop trading tool that makes it easy to trade Bitcoin and win more trades with the potential of making a daily profit of up to $1,500 from an initial investment of as little as $250.
Although the identity of the founder(s) is not revealed on the website, our findings revealed that Bitcoin Revolution was the brainchild of a consortium of Bitcoin brokers.
The company claims its software collects and analyzes market trends, from where it provides users with trading guides. And from those trading guides, it can either execute trades on its own or suggest to the user to carry out these trades depending on its setup, which could be manual or automated.
Is Bitcoin Revolution Scam Or Legit? Red Flags We Found
- Duplicated web content
Bitcoin Revolution lacks original content on its webpage. Much of the content on its webpage is identical to the contents on similar fraudulent platforms.
For instance, a look at Bitcoin Revolution, Bitcoin Superstar, and Bitcoin Era show that they use the same video footage from CNN that features well-known billionaires, like Bill Gates and Richard Branson, speaking in favor of Bitcoin.
Under the section for testimonials, the picture of the first beneficiary Oliver M. from Manchester, with a profit of $14,294 on the Bitcoin Revolution is the same with that of Bitcoin Superstar and Bitcoin Era. However, he was renamed Mark K. from Forth Worth, TX, with a profit of $12,923 – the same picture, but different names and different profit margins.
- Fake testimonies and reviews
The above arguments naturally imply that the Bitcoin Revolution makes use of unfounded testimonies as a bait to catch unsuspecting investors. For example, the above websites use the same pictures but different names, locations, and the amount of profit they made. Besides, some reviewers of the Bitcoin Revolution give to a discerning mind a sense of endorsement instead of objective review.
- Upfront payment
One of the characteristics of a desperate investment outfit is the request for an upfront payment. Further investigation reveals that for investors to proceed after registering with their name and email address, they must pay a deposit fee of at least $250.
An excerpt from the website reads:
“We require all our users to deposit at least $250 US to their Bitcoin Revolution trading accounts. This amount is what our brokers use to take positions in the market on your behalf.”
This business strategy raises an eyebrow because there is no guarantee that the money will be refunded in the event of a loss.
- Unrealistic promises
Here’s another statement we found on their website during our research for this Bitcoin Revolution review.
“The robot has the potential to turn a daily profit of up to $1,500 from an initial investment of as little as $250. Users who compound their earnings can ultimately earn up to $1 million in profits from a deposit of as little as $250 if they stick with the Bitcoin Revolution.”
The above implies a very high success rate of over 99%, which means that 99% of all the trades Bitcoin Revolution transacts usually end successfully. This, therefore, implies that Bitcoin Revolution incurs less than a 2% loss in all its transactions. That is too good to be true.
- Sanctions from authorities
The activities of the Bitcoin Revolution have attracted the attention of various Government authorities with their corresponding sanctions. For instance, the Securities and Exchange Commission of the Philippines issued a warning about the unlawful activities of the Bitcoin Revolution, informing the public that it is not authorized to do business in the country. The Commission drew reference from the Bitcoin Revolution’s tactics of upfront investment and the promise of outrageous returns.
Bitcoin Revolution Review: Final Words
Considering the detailed information in this Bitcoin Revolution review, we believe you can draw a conclusion as well as the answer to the question: Is Bitcoin Revolution a scam or legit?
Scammers have what it takes to build as many websites as possible, launch them with different names and different packages to give unsuspecting investors a new feeling.
So, careful and thorough research are highly recommended for investor interested in investing in any crypto platform.
This article is Originally posted on CoinCentral.com
Author: Charles Harrison