When Bitcoin was launched in financial markets in 2009, many people around the world quickly jumped on board and started investing in this digital currency. A simple online search will show that many have managed to trade millions of dollars in bitcoin, while on the other hand, you will also find many articles about people who really struggled to get into the trading action.
Buying bitcoin from an exchange and maintaining the security of your wallet and private keys was a challenge for many. Here the focus was on Bitcoin CFDs. They offered traders the opportunity to invest in Bitcoin without having to own the digital currency. As this form of trading grew in popularity, so did the trading products that increase trading accuracy.
One of these products is automated trading software and today we’re going to review Bitcoin Compass. Our goal is to determine if this software really works and how it can help you really benefit from the Bitcoin and cryptocurrency market.
So let’s get started.
What is Bitcoin Compass?
When you visit the Bitcoin Compass website, You will immediately learn from the video on the website’s homepage the positive impact Bitcoin 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, let’s take a look at Bitcoin Compass now.
- This is an intuitive automated trading software that scans the markets and shows potentially profitable trading opportunities.
- It is able to do this as it was developed using a powerful algorithm.
- As soon as a trading opportunity is located, the trading software automatically opens a trade for the trader.
- It really doesn’t get any easier than this.
- With some excavations, we have found that the main advantage of Bitcoin Compass software is that it analyzes the markets with a time jump of 0.01 seconds.
- This means that the software knows in which direction the market will move before it moves.
- Well, you don’t have to be a trading professional to understand the power, the direction in which the price of an asset will move before it moves.
- Since the trading software automatically acts on your behalf, you don’t have to be in front of your computer to analyze the markets.
- In fact, even while you sleep, the Bitcoin Compass will make trades on your behalf.
- The great advantage of a software solution like the Bitcoin Compass is that even if you have never traded online 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 we really liked about Bitcoin Compass software is that it doesn’t promise 100% trading success.
That said, it is very clear that some trades will end unsuccessfully, and that makes perfect sense. No trading software in the world has 100% trading success and if it promises to always make money, it is a scam.
Also, if you check the website’s homepage, you will find many testimonials from users of the Bitcoin Compass software. These users make more than $ 1,300 a day and the best thing is they only have to put a few minutes a day of work to set their trading parameters.
That said, for Bitcoin Compass software to work effectively, you need to determine how much you want to invest per trade, what assets you want to trade, your risk appetite, your trading strategies, and more.
Another element of its legitimacy is that Bitcoin Compass is available for free. There are no hidden fees or commissions, and if you want to withdraw your winnings, you can easily do so.
We have been using Bitcoin Compass software for a week and have been able to make more than $ 4,000. To top it all, when it came to withdrawing our funds, the process was seamless and we were impressed to see the money back in our bank account within 72 hours.
Bitcoin Compass also only works with reliable and reputable brokers. That said, it’s these brokers that give you 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 said, everyone 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 customers. Everything you need to make Bitcoin and other cryptocurrencies profitable can be found under the Bitcoin Compass umbrella.
The Bitcoin Compass app – how to get started
Signing up for the Bitcoin Compass app is easy. Just visit the website and you can fill out the short registration form from the convenient homepage. You must provide your full name and email address. You will then need to create a password for your account.
- This is a great feature as it shows that Bitcoin Compass is taking the necessary steps to protect your personal and financial information.
- You will then have to provide your country of residence and a telephone number. Once this information has been submitted, your Bitcoin Compass account will be activated.
- The next step is to fund your trading account with your broker.
- That means you have to deposit money so that trading capital is available so that the software can make trades on your behalf.
- This money is yours and can be withdrawn at any time. The minimum deposit requirement is only $ 250.
The broker offers a selection of deposit options including credit cards, debit cards, bank transfers and a selection of eWallets. Once your deposit is approved, simply put the Bitcoin Compass in auto trading mode and you can sit back and relax while the software does all the work for you. If you are an experienced trader who likes to have full control over your trading activities, you can also put Bitcoin Compass in manual mode at any time.
It really doesn’t get any easier than this.
At this point we want to examine the value of automated trading more. Asset prices continue to move on the financial markets. These price movements arise due to many factors such as interest rates, GDP reports, political events and much more. If you want to act independently, you need to spend time analyzing the markets and understanding why asset prices are moving and what direction they will go in the future.
- You also need to look at the historical price movements of the assets that you were interested in trading.
- You need to look for trends and important announcements that could affect the price.
- You then have to sit in front of your computer and wait for the exact right time to enter or exit a trade.
- All of this is extremely 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 don’t have to be in front of your computer when a trade opportunity arises. The software will do the trading 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. They worked for investment firms and 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 benefit 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% to ensure that those who use Bitcoin Compass consistently make money.
- The other advantage of the algorithm is that it uses both basic and technical analysis while scanning the markets.
- That said, the fundamental analysis focuses on qualitative data and takes into account data on earnings reports, central bank decisions and key business news, to name just a few.
- The technical analysis, on the other hand, focuses on quantitative data and takes into account the historical price movements of assets and the price charts of the assets.
- A combination of these forms of analysis, as well as the user’s trading parameters, is what helps the algorithm trigger buy and sell signals.
- The software will make a deal when the time is right.
A big advantage of the Bitcoin Compass is that they offer a demo walkthrough of the trading platform so that once you sign up you can take your time to get to know the platform and how it all works. Once you’re ready, just make your deposit, put the Bitcoin compass in automated mode, and sit back while the money rolls into your account.
Advantages of Bitcoin Compass software
As we said before, there are many automated trading software available in the markets. We like the fact that Bitcoin Compass was 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 fee – You don’t have to pay anything to sign up and register an account with Bitcoin Compass. In addition, there are no hidden fees or charges. The profit you make is 100% yours.
- User friendliness –The Bitcoin Compass software is designed so that anyone can use it. Even if you are a new trader with no prior knowledge 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 modes. If you prefer to have full control over your trading activities, you can put the Bitcoin Compass in manual mode or you can just choose automated mode and the software will act on your behalf. Simple.
- Comfortable – The Bitcoin Compass software does not need to be downloaded. In addition, the software works seamlessly with the selected software brokers. You don’t have to worry about any updates, and you can even trade from the comfort of your tablet and mobile device.
- Demo-Trading – Once you’ve made your first $ 250 deposit, you can then access a demo trading walkthrough. This is an excellent way to familiarize yourself with the trading platform and understand how to set your trading parameters. You can also use the trading dashboard to view all of your open and closed trades.
- Profitable – With Bitcoin Compass software, you can earn more than $ 1,300 a day. The best thing is that you really don’t have to work hard to make that 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 its users’ personal and financial information very seriously. In addition, their partner brokers also offer a secure trading environment, so you can be completely sure that your data is safe. 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 can be contacted with ease if you have any questions or queries. In addition, their selected brokers also offer elite customer service.
It is clear that Bitcoin Compass checks all the right boxes and offers many advantages for new and advanced traders. If you also want to get your share of Bitcoin and cryptocurrency profits, then Bitcoin Compass is the right choice.
Bitcoin Compass Frequently Asked Questions
To ensure that we have covered all possible questions you may have about Bitcoin Compass; we have included a short section on frequently asked questions. Here you will find answers to any questions you might have about this automated bitcoin trading software.
How much does it cost to register with Bitcoin Compass?
It’s free to register with Bitcoin Compass. There are also no hidden fees or charges. You need to make a $ 250 deposit so you have trading capital to trade and make profits.
How much work do I have to do every day to use the Bitcoin Compass app?
You only need to devote a few minutes of your time each day to setting up your trading parameters, such as: For example, 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 on the beach!
Can I really make money with the Bitcoin Compass app?
Yes, you can, and the earnings potential is limitless. Users make more than $ 1,300 a day and we’ve even read about users who became millionaires in just 61 days.
Do I have 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 review your trading analysis and strategies.
Bitcoin Compass – Start trading Bitcoin profitably now
Bitcoin Compass is an easy-to-use, powerful automated trading software that truly enables anyone to benefit from the Bitcoin and cryptocurrency markets. The software is available for free and you can start trading within minutes. Bitcoin Compass is legitimate trading software and thanks to its automated ability, you no longer have to spend hours analyzing the markets. Bitcoin Compass is there to do all the hard work for you so you can enjoy trading success without the fuss.
Overall Rating 9/10
Dov is a Blockchain and Forex trading enthusiast, who spends most of his time trading and examining software who are related to cryptocurrencies and forex trading. You can follow on Dov’s reviews and articles here on CoinRevolution and across the web.