RATING: 1 / 3 REVIEWS
BEWARE! BITCOIN ERA IS MOST PROBABLY A SCAM!
All kinds of cryptocurrency investment schemes keep popping up ever since Bitcoin hit the $20k threshold in December 2017. Some of them, mostly cryptocurrency exchanges, are pretty elaborate and have nicely designed websites and trading platforms. Most of them, however, are pretty simple and shady and you don’t need to be an expert to tell that it’s all a lie designed to scam you out of your money. That being said, we do believe that the Bitcoin Era belongs to the latter group, and we will explain why.
Advertised as an exclusive club reserved for new Bitcoin Millionaires, Bitcoin Era is actually only an anonymous website with a promotional video, fake user testimonials, and also fake “profit results”. The people behind the brand have not even bothered to create an original trailer advertising their trading software, and we are only presented with some general information on Bitcoin via a video made of cut-ups from interviews with famous people in the world of finance such as Richard Branson. We also see the logos of major media outlets such as CNN or Forbes which are there in order to further lend legitimacy to this crypto robot.
What Bitcoin Era offers is to make you the next millionaire. You only need to sign up and invest $250 in their software that performs all trades with 99.4%. Clients of the trading bot are said to profit a minimum of $1100 daily, working not more than 20 minutes a day. Some members allegedly earned their first million within just 61 days!
Apparently, Bitcoin Era targets naive investors who have no knowledge of, nor experience in the financial markets. Anyone having the slightest idea of online trading could see that Bitcoin Era makes unrealistic promises.
Any verified track record?
Furthermore, Bitcoin Era has provided no satisfactory explanation on the auto-trading algorithm of the system, nor any proven track record of their historical performance. Instead, they simply claim that their phenomenal win rate is due to the fact that their software is 0.01 seconds ahead of markets. There is no clarification on how they do that, simply because such thing is not possible.
By comparison, most forex trading robots and Expert Advisors (EAs) provide a track record of their historical performance as a proof that these automated trading systems are real and work as intended. Some of the most popular social trading networks like ZuluTrade or eToro provide such data. Besides, these brokers have been operating for years, have made themselves some sort of a reputation and are regulated.
Regulation and security of funds
Regulation is the single most important factor for the safety of any investment in the online trading world, which is unfortunately plagued with con-artists.
Bitcoin Era does not mention anything about license, nor financial regulation. What is worse, its website contains no information whatsoever on the company behind it – there is no name, no address, not even a contact number. So, the website and its related services are completely anonymous. This is a sign of trouble because anonymity is quite common when it comes to scamming. Clients that have fallen victim to a fraud perpetrated by anonymous websites have no legal options afterwards.
If you are into cryptocurrencies, you may try to trade them on a reliable cryptocurrency exchange or as CFDs (contracts for difference) with a licensed forex broker. As in any other trading venue, there is risk, but at least the chance of foul play is not as high as with anonymous crypto robots like Bitcoin Era.
All in all, Bitcoin Era comes across as a standard scam operation – the likes of which we have seen a lot – and we advise those interested to stay away. Its website content and lay-outis pretty much the same as those of Bitcoin Revolution, Crypto Revolt, Bitcoin Evolution, and probably more with simply a different name. For example, the user testimonials on Bitcoin Era’s website are exactly the same as those on Crypto Revolt.
Precisely through cloned or copied websites, dressed up with farcical opportunities for winnings, traders are convinced to register and carelessly give away their address, phone number and email. Minutes later that same personal data is sent to some unregulated forex or crypto brokers and they begin cold-calling registered traders, persuading them to invest more.
Cheap traffic is actually the product Bitcoin Era and most similar crypto robot websites are actually offering, not some trading application ahead of the market that may incur riches to any willing trader. Of course, those websites are paid a hefty commission for each client who deposits with any of those brokerages.