Bitcoin Compass Review – Is This Software a Scam or Legit?
When Bitcoin was introduced into the financial markets in 2009, many people all around the world quickly jumped on board and started investing in this digital currency. A simple search online will reveal that many managed to make millions of dollars trading Bitcoin, while on the flip side, you will also find many articles about people who really struggled to get in on the trading action. Buying Bitcoin from an exchange and maintaining the safety of your wallet and private keys was challenging for many. This is where Bitcoin CFDs took center stage. They offered traders the opportunity to invest in Bitcoin without the need to own the digital currency. As this form of trading grew in popularity, so too did the trading products that boost trading accuracy. One of these products is automated trading software and today, we are going to review Bitcoin Compass. Our goal is to establish if this software really works and how it can help you to really profit from the Bitcoin and cryptocurrency market.
So, let’s get started.
What is Bitcoin Compass?
If you visit the Bitcoin Compass website, you will immediately learn from the video on the homepage of the site, the positive impact that Bitcoin has had on the markets. Famous people like Bill Gates and Richard Branson also understand the value of cryptocurrencies and you can see their views on this revolutionary digital coin.
So, now let us take a look at Bitcoin Compass. This is an intuitive automated trading software that scans the markets and pinpoints potentially profitable trading opportunities. It is able to do this as it has been developed with a powerful algorithm. Once a trading opportunity is pinpointed, the trading software will then open a trade for the trader automatically. It really doesn’t get any easier than this.
With some digging, we established that the main advantage of the Bitcoin Compass software is that it analyzes the markets with a time leap of 0.01 seconds. This means that the software knows in which direction the market will move even before it moves. Now, you do not need to be a trading professional to understand the power of knowing in which direction an asset’s price will move even before it makes its move.
Since the trading software trades on your behalf automatically, you also do not need to be in front of your computer analyzing the markets. In fact, even while you sleep, the Bitcoin Compass will make trades on your behalf. The big advantage of using a software solution like the Bitcoin Compass is that even if you have never traded online before and even if you have no trading knowledge, you can trade Bitcoin profitably. The software will do all the analysis for you, and based on your set parameters, it will open and close trades in the market.
Bitcoin Compass – Is This Trading Software Legit?
If you search online, you will find many automated trading software available in the markets. The part that we really liked about the Bitcoin Compass software is that it does not promise 100% trading success. That is, it is very clear that some trades will end unsuccessfully and this makes perfect sense. No trading software in the world has 100% trading success and if it is promising to always make you money, then it is a scam.
Also, if you check the homepage of the site, you will find many testimonials from users of the Bitcoin Compass software. These users are making over $1,300 each day and the best part is, they only have to put a few minutes in per day of work in order to set their trading parameters. That is, in order for the Bitcoin Compass software to work effectively, you need to set how much you want to invest per trade, which assets you want to trade, your risk appetite, your trading strategies and more.
Another element of its legitimacy is that Bitcoin Compass is available free of charge. There are no hidden fees or commissions and when you want to withdraw your profits, you can do so hassle-free. We used the Bitcoin Compass software for one week and were able to earn over $4,000. To top it off, when it came to withdrawing our funds, the process was seamless and we were impressed to see the funds back in our bank account within 72 hours.
Bitcoin Compass also partners only with reliable and reputable brokers. That is, it is these brokers that will provide you with access to a trading platform from where you can make your trades. Each broker has been hand-selected and they all offer an all-inclusive trading environment. That is, each one offers an easy to use trading platform, access to a wealth of educational resources to expand your trading knowledge, safe and secure banking options for deposits and withdrawals, effective trading tools and responsive and professional customer support. Everything you need to trade Bitcoin and other cryptocurrencies profitably, can be found under the Bitcoin Compass umbrella.
The Bitcoin Compass App – How to Get Started
Signing up to the Bitcoin Compass app is easy to do. Simply visit the website and from the comfort of their homepage, you can complete the short registration form. You will need to provide your full name and email address. You will then be required to create a password for your account. This is great feature as it shows that Bitcoin Compass takes the necessary steps to safeguard your personal and financial information. You will then be required to provide your country of residence as well as a contact telephone number. Once this information is submitted, your Bitcoin Compass account will be activated.
The next step is funding your trading account with your broker. That is, you need to deposit money so that there is trading capital available in order for the software to make trades on your behalf. This money is yours and it can be withdrawn at any time. The minimum deposit requirement is only $250. The broker offers a choice of deposit options including credit cards, debit cards, bank transfer and a choice of eWallets. Once your deposit is approved, you simply set the Bitcoin Compass to auto trade mode, and you can sit back while the software does all the work for you. If you are an experienced trader who likes to be in full control of your trading activities, you can also set Bitcoin Compass to manual mode at any time.
It really doesn’t get any easier than this.
At this point, we want to explore the value of automated trading more. In the financial markets, asset prices move all the time. These price movements occur as a result of many factors such as interest rates, GDP reports, political events and many more. If you want to trade independently, you need to spend time analyzing the markets and understanding why the asset prices are moving and in which direction they will move in the future. In addition, you need to look at the historical price movements of the assets you are interested in trading. You need to check for any trends and any major announcements that might impact the price. You then need to sit in front of your computer waiting for the exact, right time to enter or exit a trade. All this is exceptionally time consuming and requires a real understanding of the markets. With automated trading software like Bitcoin Compass, all the hard work of analyzing the markets is done for you. To top it off, you do not need to be in front of your computer when a trading opportunity arises. The software will make the trade for you. This is the ideal way to trade Bitcoin profitably.
Who is Behind the Bitcoin Compass Software?
The Bitcoin Compass software was developed by a team of dedicated trading experts and analysts. Working for investment firms, they quickly understood that there was money to be made and instead of making a lot of money for their wealthy clients, they decided to create a software solution that would profit in the Bitcoin and cryptocurrency markets.
They developed an intuitive and powerful trading algorithm that scans the markets with laser accuracy. As a result, the software has an accuracy of over 98%, ensuring that those who use Bitcoin Compass, make money consistently. The other benefit of the algorithm is that it uses both fundamental and technical analysis while scanning the markets. That is, fundamental analysis focuses on qualitative data and it takes into account data on earnings reports, central bank decisions and major economic news, to name a few. Technical analysis, on the other hand, focuses on quantitative data and it takes into account the historical price movements of assets as well as the assets’ price charts. A combination of these forms of analysis as well as the user’s trading parameters, is what helps the algorithm to trigger buy and sell signals. The software will then make a trade when the time is right.
A big benefit of the Bitcoin Compass is that they offer a demo walkthrough of the trading platform so once you have signed up, you can take your time getting to know the platform and how everything works. Once you are ready, simply make your deposit, set the Bitcoin Compass to automated mode, and sit back as the money rolls into your account.
Benefits of the Bitcoin Compass Software
As we have said, there are many available automated trading software available in the markets. We like the fact that Bitcoin Compass has been designed for the cryptocurrency markets and it is in this market that it excels. It also offers a wide range of other benefits as follows:
- No charge – You do not need to pay anything to sign up and register an account with Bitcoin Compass. In addition, there are no hidden charges or fees. The profit you make is 100% yours to keep.
- Ease of Use – The Bitcoin Compass software has been designed so that anyone can use it. Even if you are a new trader, with no prior experience or understanding of the markets, you can trade Bitcoin and other cryptocurrencies profitably with Bitcoin Compass.
- Manual & Automated – The Bitcoin Compass app can be used in both manual and automated mode. If you prefer to be in full control of your trading activities, you can set the Bitcoin Compass to manual mode or you can simply select automated mode and the software will trade on your behalf. Simple.
- Convenient – The Bitcoin Compass software does not need to be downloaded. In addition, the software works seamlessly with the selected brokers of the software. You also do not need to worry about any updates and you can trade even from the comfort of your tablet and mobile device.
- Demo Trading – Once you have made your initial deposit of $250, you can then access a demo trading walkthrough. This is an excellent way to familiarize oneself with the trading platform and to understand how to set your trading parameters. From the trading dashboard, you can also view all your open and closed trades.
- Profitable – With the Bitcoin Compass software, you can earn over $1,300 daily. The best part is you really do not need to work hard to make this kind of money. You simply set your trading parameters every day and the software will do all the work for you.
- Safe and Secure – Bitcoin Compass takes the security of their users’ personal and financial information very seriously. In addition, their partner brokers also offer a secure trading environment so that you can have complete peace of mind that your details are safe. In addition, the banking processes for deposits and withdrawals are also secure.
- Professional Customer Service – Bitcoin Compass offers a responsive and professional support team that is always available and they can be contacted with ease if you have any questions or queries. In addition, their selected brokers also offer an elite customer support service.
It is clearly evident that Bitcoin Compass checks all the right boxes and offers many benefits to both new and advanced traders. If you also want to get your share of the Bitcoin and cryptocurrency profits, then Bitcoin Compass is the right choice.
Bitcoin Compass Frequently Asked Questions
In order to ensure that we have covered all the possible questions you might have about Bitcoin Compass; we have included a short frequently asked questions section. Here you will find answers to any questions you might have about this automated Bitcoin trading software.
1. How much does it cost to sign up with Bitcoin Compass?
It is free of charge to register with Bitcoin Compass. There are also no hidden fees or charges. You will need to make a deposit of $250 so that you have trading capital available in order to make trades and earn profits.
2. How much work do I need to do daily to use the Bitcoin Compass app?
You only need to dedicate a few minutes of your time each day in order to set up your trading parameters, such as how much you want to invest in each trade, the assets you want to trade, your risk appetite and more. In addition, you can do this work from anywhere in the world, even while at the beach!
3. Can I really make money with the Bitcoin Compass app?
Yes you can, and the earning potential is limitless. Users are making over $1,300 every day and we have even read of users who became millionaires in only 61 days.
4. Do I need to be an experienced trader to use the Bitcoin Compass app?
Anyone can use the Bitcoin Compass software. Even if you are new to the online world of trading, you can use this app and make money. If you are an experienced trader, you can also use the Bitcoin Compass signals to check your trading analysis and strategies.
Bitcoin Compass – Start Trading Bitcoin Profitably Now
Bitcoin Compass is a user-friendly, powerful automated trading software that really enables anyone to profit from the Bitcoin and cryptocurrency markets. The software is available free of charge and within minutes, you can start trading. Bitcoin Compass is legitimate trading software and thanks to its automated ability, you no longer need to spend hours analyzing the markets. Bitcoin Compass is there to do all the hard work for you so you get to enjoy trading success without the fuss.