Bitozzn.com Review Bitozzn, Yet Another Scam Investment

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Contents

Bitozzn.com Review: Bitozzn, Yet Another Scam Investment?

Bitozzn Review: Scam or paying hyip? bitozzn.com claims it is one of the best investment platform. How true is this? Is Bitozzn.com legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams.

In this review we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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Bitozzn Investment Scam Review: Disturbing Things Found

Though this site might appear legit to a newbie, the truth is that it is just a wishy washy HYIP designed in such a way to convince unsuspecting investors. Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP?

It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries like the USA are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

The Difference Between a SCAM and Genuine Investment

It is true that most of this high yield investment platforms look like the real deal, thus confusing us.However, there are various ways to find out if an investment platform is a lackluster HYIP or if it a trusted investment platform. Below are ways you could find out-

  • ROI- The returns offered. Are they sustainable? Can the funds be shuffled round and get to every investor? are the offers realizable?
  • History- Does the platform have a history? Can the company behind it be found online?
  • Transaparent– How transparent is the information on the website?
  • Contact– Can you reach them? Is the address made available on the platform?

bitozzn.com i s not a legitimate investment platform . Don’t be deceived by their promises.

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Conclusion-

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. .On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Articles by Dave

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Bitcoin Trader

Robot Name: Bitcoin Trader
Founded: 2020
Type: Robot
Price: Free*
Return: $13,000 /day
Trading: Bitcoin
Demo Account: No
Minimum Deposit: Up to Broker

Bitcoin Trader Review

The Bitcoin Trader is the latest and hottest new software to hit the market. It is a lightning fast, laser accurate method of pinpointing the right times to buy and sell Bitcoin, the hottest market in financial trading today. The system is owned and operated by some people in some country, I don’t know, they don’t put a single piece of relevant information on their website. If my cynicism hasn’t struck you yet, you might want to read on.

The Bitcoin Trader in Review

The Bitcoin Trader is a fully automated algorithmic trading tool designed to trade the emergent cryptocurrency market. The tool works by targeting volatility within the market with laser accurate performance. They boast a 99.4% accuracy rate and the ability to double, triple and even quadruple your money in only a few trades.

The software is built on the most advanced programming the world has ever seen, according to them, and able to literally see into the future. They claim the algorithm is 0.01 second ahead of the market, plenty of time to enter the best trades at the exact right minute. The ability to make this “time leap” as they call it puts the software right up at the top of the list when it comes to consistency and reliability if by reliability they mean it loses your money and gives it to them of course.

If you don’t believe it you can surely trust the American Trading Association, a hallowed organization which just awarded the Bitcoin Trader #1 spot in their trading software category. Don’t worry, I checked to make sure the ATA was a real organization and guess what, it isn’t.

To be fair I did sign up to see what would happen and it was this; I got sent directly to the cashier page on OptionStars where I was prompted to make a deposit. I hadn’t even really set up an account yet so this was really sketchy a definite scam. OptionStars is a white label built on what I think is an older version of the Tradologic platform. Regardless, the platform sucks. . . and there isn’t even a robot or AutoTrader that I can find so not sure what the whole Bitcoin Trader thing is all about.

They do have digital cryptocurrency pairs available in the drop-down asset list. These include BTC/USD, ETH/USD and some others alongside the traditional forex offerings. The trading is classic binary with expiry as short as 60 seconds and as long as the end of the day. They also have range, one touch, and touch/no touch for those looking to lose their money in a more exotic way.

Is The Bitcoin Trader A Scam?

YES! It is. The better question though is if OptionStars is a scam and the answer to that is also a resounding yes! The broker is headquartered in Samoa, has no regulation, uses the worst of the bad bonus terms, has no interest in your well being and won’t give you your money back let alone any profits you make. Keep in mind that depending on your region, you might be directed to a different broker but I doubt it will be any better. And one more thing: the web address of the Bitcoin Trader System has already changed a few times, so it is likely to change in the future (probably to avoid getting caught). Don’t be fooled, it’s the same cheap scam, with minor variations in the website name.

These are not the droids you are looking for, move along, move along. Looking at the long list of complaints at the bottom of this page, we can completely reassure this is a scam, and we were right from the beginning! Just take a look at what our users have to say about it:

Too many promises, too aggressive and a definite scam! This guy sums it up perfectly. Unfortunately, some people still fall for empty promises and lies spread by these robot makers.

Phil from Auckland has done the smart and common-sense thing: he actually researched and read some reviews BEFORE reaching for the wallet and giving money away. By the way, you’re welcome! And speaking of reviews: please be careful what you read or more importantly what you trust because a tool (among many others) to get more clients for their scam is to pay for positive reviews.

How Bitcoin Trader Finds the Next Victim

Fake Reviews

Take a look at these claims made by a so-called “review site”:

Price of Bitcoin is constantly rising… a great way for regular people to invest… great for newbies… and the cherry on top: the brokers behind this robot are going to do everything needed to help you achieve steady results. Come on, we know how the brokers operate and they surely don’t have our best interest in mind. And what about Bitcoin price constantly rising? It is NOT constantly rising and it is NOT a great way for regular people to invest in if by “regular” you mean inexperienced.

Fake Comments

On the same website that posted that stellar review, you will find people in the comments praising the results of Bitcoin Trader:

“What a wonderful software Bitcoin Trader is”… yea mmmh. “It has a consistent accuracy… enough to secure financial independence…” yea, totally legit, I believe you guy. And pigs fly.

Fake News

Dragon’s Den False Affiliation

To make it more believable, these scammers have gone as far as posting their adverts on the BBC and the Guardian, claiming that Bitcoin Trader is the work of two friends who appeared on the popular Irish TV show called Dragon’s Den. The adverts even contained fake quotes from the show’s stars Gavin Duffy, Eleanor McEvoy, and Eamonn Quinn. The material was quickly taken down by the websites but I believe some people still got duped. Beware of Fake News! Check facts.

Andrew Forrest Bitcoin Scam

More recently, fake articles emerged, claiming that Andrew Forrest (Chairman of Fortescue Metals Group) was somehow involved with Bitcoin trading robots and that he endorsed investments in such apps. The scary thing is that the scam articles appeared under the headline “ABC NEWS exclusive” and seemed to be published by ABC NEWS, using pictures staged to look like ABC TV screenshots and tagged as ABC articles.

ABC NEWS (the real one), which is a well-known and respected Australian media organization first launched in 1932 was quick to dismiss the news as “Fake” and urged investors to “exercise caution when reading social media advertisements and articles concerning cryptocurrencies which bear the ABC logo”.

Furthermore, on April 5th, 2020, Fortescue Metals Group released a statement regarding the situation and confirming that “the name, image, and misinformation about the personal life of our Chairman Andrew Forrest have been used to entice people into paying money to scammers.” The company added: “Such scams are abhorrent and we are doing what we can to try and alert people to them”.

Harry Triguboff Fake Cryptocurrency Endorsement

A similar situation occurred with Harry Triguboff: fake ABC NEWS articles claimed that Mr. Triguboff – the founder and managing director of Meriton – is using a cryptocurrency trading app/platform to make his money and that he is about to share a “ wealth loophole” that will make you a millionaire in months.
Google soon removed the fake add (after being alerted to it by The Australian Financial Review) but this all goes to show that you should pay extra attention to all cryptocurrency app endorsements that appear to come from major financial figures or well-known personalities.

Pop-ups

Last but not least we have pop-ups. It’s incredibly annoying to surf the web reading or trying to watch a clip when all of a sudden an ad pops in your face telling you that you will be $10K richer by tomorrow. However, some people click on the pop-up, out of curiosity maybe and they end up watching the video, then think “Hey, it’s free so maybe I will try it out” and bit by bit they get sucked into the deep well of lies.

Why The Bitcoin Trader Might Not Suck

It doesn’t suck because it’s a perfect example of how a scam works and looks like. Use it to learn how to stay away – that’s all the positive I can think about when it comes to scams like this app.

Why The Bitcoin Trader Sucks

The Bitcoin Trader Sucks because it is nothing but hype. There is not a single bit of reliable information on the site, and it directs you to a crappy binary options sales funnel directed at the lowest of the low-class brokers.

The Bitcoin Trader Final Verdict

Is Bitcoin the hottest market in financial trading? Yes. Is Bitcoin making people rich every day? Yes. Is it possible to get on board, it’s not too late? Yes. Is the Bitcoin Trader a good tool to help me on my way? Hell no. This is a pure scam and one that skips the step of hooking you up with an actual autotrader, you know, the tool the whole thing is advertising? Instead, it takes you straight to a bottom rung scam broker whose first act upon your registration is to roll out the army of “account managers” to hook you bonuses, turn you on to autotraders and, gasp, trade your account for you. Take my advice: If you want to buy some Bitcoin, don’t do it with this broker or with this software. PS, I got an email as soon as I signed up offering me free 1 on 1 training with my very own trading professional.

I WAS ON FACEBOOK AND THIS GUE ALBERT WILLIAM FROM THE UK STATES HE IS AN ACCOUNT MANAGER AT BINARY OPTIONS TRADING AND I’M IN THE U.S. I CANNNOT GET VERIFICATION FOR BLOCKCHAIN OR BITCOM. THE GUY SEEMS PRETTY MAD AND SAID I WAS WASTING HIS TIME, TELLING ME I DON’T NEED ALL OF THAT.

INSTEAD OF TRYING TO SET UP A BITCOIN ACCOUNT THE GUY WANTS ME TO GO TO A BITCOIN ATM AND SEND HIM A COPY OF THE RECEIPT AND THEN HE WILL SEND A FORM TO SEND THE PROFITS TO MY BANK?? HE ALSO CLAIMED IF I INVEST 200 US I WILL MAKE $3100 U.S. DOLLARS. NOT SURE IF I BELIEVE HIM HOW CAN THEY GUARANTEE ANYTHING?

DO YOU NEED A BITCOIN ACCOUNT TO PROPERLY MANAGER YOUR BITCOINS?

Out of curiosity I followed a link claiming this was sponsored by a prominent french businessman , Xavier Neil, CEO and founder of FREE (major French carrier for tel & internet connection)… Having worked in compliance I decided to check if this was legit ? I landed on this informative webpage…
The website bears the marks of an all round scam (same as Forex or binary options sites) and very few useful information about who’s behind, where licensed…etc. I copy here the link as, in France, they use the name Bitcoin Code until a pop up window asks you to participate in Bitcoin Trader…
This is the page where the advert appeared : https://livemagazine.to/le-dernier-investissement-de-xavier-niel-fr/
This is the link that redirect you to the bitcoin trader page
https://btc-code.securedoffer.to/fr/?project_id=rd&lp=aa75a6b2b5&intgrtn_clickID=24905784&intgrtn_custom1=1y90vkk3zgj6&intgrtn_custom2=10001&intgrtn_redirectReturningLead=auto

Hope no one will fall into the scam.

Better be safe than sorry.

good old pyramid of 1970-ties, 50 years on who remember today hysterical crowds ready to part with their life savings it was so new then..

Is this the same robot I have been looking at over the last 2 days ? This one I believe is called click2sell. It also features reviews from Richard Branson and Warren Buffet, as well as being featured on the Jonathan Ross show and BBC Morning television show …

I got a call after starting the sign up process and was called by a broker who would manage my account with bitcoin trader,
I told him I was not convinced of this being legit and possibly a scam.
He then asked my situation with work and how much money I had available to see if I was a good candidate financially to invest in this trader system l told him I had been out of work and been through a recent separation and only had minimal earnings at this time and I was considering taking th the risk of the $350 ,min deposit required to get started but as I only would have left me with $350 in my account but only for a week till I got more money the next week.
I mentioned I’m single with no real expenses to pay as I had left everything I had to my ex partner and children and just started over with a bag of clothes and my car after 20 yrs of this relationship, he asked why did you leave with only that was this from lawyers or my choice or why and I replied so my children had all they needed and would be fine until I get things on my end sorted and they would not be disrupted by legal fights and material things dont matter to me as much as knowing it is left to the children’s home and they are able to have the home just the same except for me moving.
Then he asked my earnings and how much I would have left and if I was getting a stable Income and how much my monthly earnings are.
I told him I was only getting small jobs and not much earnings al though I have work starting soon with full time weekly pay.
but as it is now I’m only getting between $1500-2000 a month and he said I would not advise you to invest yet in this and wait till your earnings are more stable and if you do start this job and get a weekly pay and could save around 2000 in your bank then you can give it a go at Investing some in this trader account.
I said well it shows you in these advertisements that after the min deposit people are making up to $8000 o r more in a couple of weeks and he replied that it is not 100% and it may not always gain funds also can lose and he said he would not finalise the trader1 and manage my account and accept my deposit without being in a stable and financially better situation to not be taking such a risk and I said that I appreciate his honesty and it has given me more faith in the system and wondering if it’s legit or a scam.
I said if it was a scam and just trying to get peoples money he would have not cared if I could afford it or if I was getting stable income he would just wanted payment made and prob try to get the more money than minimum deposit.
I was quite impressed he was honest and wanted to get my account as he is a broker who needs investments to manage accounts and use the funds to earn his money.
I was ready to risk it and without him even trying to talk me into it but he would not accept payment or activate my account unless I am in a more stable position to invest
So even though I wanted to try the min deposit just on the off chance it might make good trades and profit as it shows and I was kind of disappointed he would not accept and let me take the risk it was comforting and nice to see he did care and was honest and wanted me start in a better position I think he was hoping for slightly higher deposits to manage bigger trades as he did mention that he would recommend a bigger deposit so you can benefit in better trading and better returns in the end.
He also text me his contact number and name wished me all the best and looks forward to me starting in a better position to get trading and have him managing my account.
I was very pleased with him and his honesty so I will even consider a bigger deposit as he suggested and will be trusting him to manage it he come a cross very genuine and wants the best result for his clients and his own as he needs make you money to earn his money.
It makes out to be all automated software but then gives you a manager through a trading or broker company so it may be a program but also has people using/managing this software and checking for ideal trading as to buy and sell at the best time

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