Beware! Bitcoins Wealth is most probably a scam system! Your investment may be at risk.
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.
Those who carry the most blame for the high risk of fraud in online trading are without-a-doubt the so-called crypto robots. Websites like Bitcoins Wealth are made almost mechanically with little thought about the details in them or the information presented. A trailer video and cut-up photos of happy people people giving testimonials about their presumable “winnings” with the robot is pretty much what you get when you open a crypto robot’s website. With Bitcoins wealth we learn we have the opportunity to make huge money of off crypto the same way many clients of the past have done, up to $13,000 just for 24 hours! We even learn that there is an “unprecedented number of clients” attempting to register with the crypto robot and a square at the top right angle of the website with moving digits purporting to show how much money active traders are making as we scroll. It should go without saying that such over-the-top stuff are usually divorced from reality.
Furthermore, on the website we see learn that the whole “exciting” new project is started by Steve Robinson – again unusually handsome for a crypto expert and smiling – who has earned a staggering $18 million from Bitcoin’s wealth and is eager to help you. It all has one big, nasty problem – it sounds to good to be true. Let us see whether the old-age wisdom is correct.
No name, no address, no number
Despite our thorough research, we did not find any information on the website regarding the registered address, the supposed company behind the operation, nor even the country of origin. Furthermore, after researching the main person behind the operation – Steve Robinson – we could find no mention of him in the trading world, however, his name does keep popping up in reviews exposing Bitcoins wealth as a scam. All this pretty much leads us to conclude that Bitcoins wealth is simply part of the most popular scam out there.
Precisely such websites, promising riches and profits through crypto trading, mislead traders into registering and carelessly giving away their address, phone number and email. Minutes later, that same personal data is sent to brokers and the registered traders begin getting phone calls from unregulated forex brokers like LMFX or FX TradeMarket urging them to invest. The crypto robots receive a commission for every trader that invest with the brokerages.
No verified track record
One of the biggest problems with crypto robots such as Bitcoins wealth is the lack of assurance for results. Platforms such as eToro or Zulutrade allow you to search through the profiles of different traders, taking notice of his track-record in trading, whether losses or winnings are the majority. Such transparency adds significant assurance and partially, if not fully, removes risk. Furthermore, it gives you assurance that other people are risking their money with the trader as well. Where as with websites such as Bitcoins wealth you are simply taking a leap of faith.
No regulatory supervision
We should also point out that such operations are not overseen by any relevant authority, although that should go without saying. The people operating Bitcoins wealth are not bound by any government regulator and potential clients have no one to turn to in case they have legitimate grievances.
Last, but not least – the mere way in which such operations seek funding should raise red flags. If Bitcoins wealth did have anything of value, they would have found alternative ways of financing themselves, instead of relying on cheap traffic through a cheesy, badly-done commercial about itself. They can apply for a credit at the bank, or another option utilized by today’s crypto companies is raising money through crowd-funding. However, all these options require something Bitcoin’s wealth desperately lacks – legitimacy.
All in all, Bitcoin’s wealth comes across as a standard scam operation – the likes of which we have seen a lot – and we advise those interested to stay away.