If you are looking for ways to speculate on cryptocurrencies, then you might have thought about signing up with Bitcoin Circuit. This robot is well known in the crypto industry with some traders report to make huge profits through it. But is Bitcoin Circuit legit and can you use it to make $2k in daily profits speculating on crypto?
Bitcoin Circuit relies on a trading approach known as high-frequency trading. The technique allegedly known to beat the markets 99% of the times. Moreover, it involves the robot placing a large number of orders in a fraction of a second. We will explain how this approach can allegedly generate such huge returns later in this review.
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
What exactly is Bitcoin Circuit?
Bitcoin Circuit is a trading app equipped with algorithms that claim to mimic the strategies of some of the world-leading crypto traders. The algorithms conduct both technical and fundamental analysis with a claimed win rate of over 90%. For the record, such a win rate means that the robot supposedly would make a profit in at least 9/10 trades.
Consequently, Bitcoin Circuit claims you have a guarantee of daily profitability with their app. However, just like any other robot, Bitcoin Circuit can over-perform or under-perform depending on changing market conditions. This means that even with the high win rate, there is a likelihood of making a loss.
You should only trade with funds that you can afford to lose. It is not prudent to use your children’s school fees or your retirement money for any form of trading. If you are new to robo-trading, then you should start small, preferably with a deposit of $250 and reinvest your profits.
When it comes to technical analysis, this bot claims to be able to analyze tens of thousands of charts, derive insights, and automatically execute them in the user trading account. All this happens within a microsecond, and hence, the robot can leverage on almost every trading opportunity that presents.
Bitcoin Circuit can also read the news in real-time and from authoritative sources and make a move before the markets. As a result, this robot claims to be the best for news-driven markets such as the crypto industry.
If you are new to trading, the jargon used in this review should not worry you since you do not need any expertise to use Bitcoin Circuit.
How does Bitcoin Circuit work?
In our research, we discovered that most people who use this robot have no background in trading. This is because Bitcoin Circuit is fully automatic, and the setup process is a piece of cake. In fact, the majority of users we have interviewed report that they stumbled on the robot when looking for a way to make money online.
Furthermore, the fact that Bitcoin Circuit runs on autopilot means that it is suitable for people with busy schedules. The only thing you need to do is set up an account and make a deposit. Live trading involves toggling on and off the live button. You need less than 20 minutes per day to monitor your account.
Bitcoin Circuit uses legit brokers to handle clients’ money and facilitate transactions. This review can confirm that these brokers have proper regulation and are reputable. The best robot brokers fall under the regulatory mandate of leading bodies, including the UK Financial Conduct Authority and the Australian ASIC. Other top regulators behind Bitcoin Circuit brokers include the South African Financial Service Board and the Cyprus Securities and Exchange Commission (CYSEC).
It is essential to ensure that you only trade with a robot with regulated brokers. This way, you have an assurance that your money is safe even in the event where the robot or the broker goes bust. CryptoVibes does not recommend robots without verified brokers.
What makes Bitcoin Circuit highly profitable?
Bitcoin Circuit clams to have high profitability results from its technologies and also the fact that its brokers offer a leverage of up to 1:1000.
On trading technologies, the robot is built on advanced technologies. These include Artificial Intelligence and its subsets of Machine Learning (ML) and Natural Language Processing (NLP). While ML enables the robot to become more accurate with time, NLP gives it the ability to read human language. This means that it can read the news the same way a human trader would and execute corresponding trades.
Even better, Bitcoin Circuit technologies make it possible for the robot to conduct research and place trades within a fraction of a second. Consequently, it is allegedly 20% more accurate than the world best crypto traders.
Regarding leverage, its partner brokers offer up to 1:1000. This means that a trader with a deposit as little as $250 can place trades worth up to $250k. High leverage can in theory translate to high profitability but can also mean significant losses in the event of miscalculated trades. You should not risk more than 10% of your capital per trade when trading with Bitcoin Circuit.
The robot does provide features to help you manage risk. You need not be worried about the risk tools setup process since the robot does come with a guide to assist you.
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
Getting started with Bitcoin Circuit
As mentioned earlier, you do not require any special skills to use Bitcoin Circuit. All you need to do to start trading with this robot is to deposit a minimum of $250, define your risk appetite, and click the live button. The whole setup process should not take you more than 15 minutes. Moreover, there is a manual to guide you through the process.
Signup on the Bitcoin Circuit homepage
Visit the Bitcoin Circuit home page and fill your details as instructed. Bitcoin Circuit only requires your name, phone number, and email to create your account. This information must be shared with your matched underlying broker.
We find Bitcoin Circuit to be secure. They appear to have all the necessary data protection measures in place. For instance, their site has encryption, and they have a data protection policy stating how they comply with the GDPR.
Connect with a regulated broker
After creating a trading account, the robot automatically matches you with a broker with the regulation in your jurisdiction. It is crucial to note that Bitcoin Circuit is only available in countries where it has a regulated broker.
You can determine if this robot is available in your country by trying the signup process. Read our review of Bitcoin Trader if Bitcoin Circuit is not accessible in your country. You can also scroll to the bottom of this page for other legit trading robots that you should try.
Deposit a minimum of $250
You need a trading capital of at least $250 to trade with Bitcoin Circuit. This amount is your seed capital and not the cost of the bot. Bitcoin Circuit is 100 percent license-free, but a small fee is charged on the profits you may make with it.
As mentioned earlier, deposits made via Bitcoin Circuit go to the underlying broker. Bitcoin Circuit is not a broker or a financial institution and hence is not allowed to receive deposits from the public.
The brokers behind this bot accept multiple deposit methods including Visa, Master Card, and Wire Transfer. CryptoVibes can confirm that Bitcoin Circuit does not charge any withdrawal fees.
Set up the risk management features
You need to specify the amount of capital you are willing to risk per trade before going to live trading. You should avoid risking more than 10 percent per trade.
High risk per trade means that you can blow your trading account if the robot happens to make several consecutive bad trades. A low risk per trade gives you enough room to recover in such an event.
Click the live trading button
You do not need more than 20 minutes per day to trade with Bitcoin Circuit. Please read the manual that comes with Bitcoin Circuit to determine how to make huge profits with this robot. Remember that failure to follow the provided guidelines minimizes your chances of turning a profit with this robot.
We suggest that you trade for not less than 8 hours per day. Also, ensure that you lock in profits if you do not intend to reinvest them. You should be starting small and growing a trading account by plowing back profits.
How to trade with Bitcoin Circuit
Bitcoin Circuit is entirely auto, but this is not to mean that there are no tips to be followed to make the best of this tool. Here is what we have found to work well with this robot:
- Trade the US markets – Crypto markets tend to be highly volatile when it is daytime in the US. As a result, we suggest that you grab the opportunity and let the robot run during this session. Remember that the robot is entirely auto, meaning that you do not have to keep monitoring your account.
- Start small and reinvest profits – We find traders who start small and grow their accounts through reinvestments do better than those who start big only to give up after a few bad trades. Trading psychology plays an enormous role in determining profitability.
- Follow crypto market news – The crypto market volatility is highly dependent on the news. You should keep tabs on what is happening and ensure that the robot is on during events that are likely to trigger high volatility.
Bitcoin Circuit review: CryptoVibes verdict!
Bitcoin Circuit appears to be a legit trading robot. According to their website some traders make up to $2k per day in profits from a deposit of less than $1k.
CryptoVibes cannot stress enough on the need to start small and grow through reinvestments. A deposit of $250 is a good starting point. There is a significant risk in robo-trading, and it is, therefore, imprudent to trade with an amount you cannot afford to lose. Try Bitcoin Circuit now and leave us a comment below on how you find it.
However, remember all trading risks and you shouldn’t risk more then you can afford to lose.