Bitcoin Compass: Should You Stay Away from This Crypto Trading Software?
Do you want to reach rich from Bitcoin? Well, we got bad news for you, it’s not as easy as it seems. Today we will review a company called Bitcoin Compass, which, unlike us, promises you that it is so easy to get rich using their services. Not a good pitch, mind you, but read our review in case you want to know the truth about this company.
About Bitcoin Compass
“You could be the next millionaire”, this is one of the first things you will read as soon as you enter Bitcoin Compass. The site invites you to join the “Bitcoin revolution” and to make money trading cryptos.
In order to do it, you need to register, which can be done in a few minutes, complete the process and become a member. After that, you need to invest at least $250 USD in your account to fund your Bitcoin trading and then use the platform to trade quickly and become rich easily.
The company offers software that has “precision performance” and technology that will help you to trade and make the most of the market. The company affirms that you can make as much money as you are willing to invest and that the more you put, the more you will win without having any trading experience.
Is Bitcoin Compass A Scam?
We are pretty sure that this company is a scam and now we will explain the reason why: it looks too easy. Trading is not easy. Ask any real trader ever: trading is a very complicated process and there's simply no way to automate everything so that you will always win all the time.
In fact, most traders lose more than half of the time if they use auto-trading software because the software is generally not very good. If it was so good, why would someone offer it for free? The best trading bots are not being sold to you.
Also, the market is facing a very bad moment at the time, a bear market. If it was hard to make money with cryptos during the bull run if you did not know which tokens to buy, now it is even worse because the market is simply not doing very well at the moment.
The company basically want investors that do not know what they are doing because they will often get too hyped over the prospects of making a lot of easy money and will pour a lot of money into the company, which will certainly lead to disappointment in time.
The Bitcoin Compass Verdict
Bitcoin Compass looks like a trap. The website is not very original and its design is almost identical to many other scams that use similar strategies. Because of this, you should be warned that it is a very bad idea to invest in this company.
If you want to really make money investing in Bitcoin and other cryptos, your best shot is to educate yourself.