Bitcoin Secret Loophole: Scam on the Loose?
The Bitcoin Secret Loophole system is the apparent brainchild of Steve McKay. The automated system promises to offer the best trading mechanisms and software to users for investment options. The trading app will provide tools and features for users to make money with through the Bitcoin Secret Loophole Website.
The Software Basics
The app is set to offer a coaching program for beginners to learn as they trade. Additionally, the platform brags of having 85% winning rate since its inception, losing only once in 1342 trading sessions. It will also allow bitcoin trading anywhere anytime through the smartphone apps available.
On average, the software promises to give multiple signals each day for quick profits. The users can receive 22 to 98 trading signal each day. Other than that, there aren't many details on how the trading systems or algorithms work to ensure a constant profit, which is a point of concern.
For any crypto investor, the claims made by Bitcoin Secret Loopholes are utterly unrealistic and a downright lie. To generate $13,000 in a single day trading Bitcoin is unachievable, with regards to factors such as volatility.
Moreover, the application claims to be free to use. That is not true as there is a catch. And for an app making that amount of money, why would it be free? Once you sign up, you will have to deposit a minimum balance to start trading. And that is not cheap as the broker charges a minimum of $250 for each trading account.
The broker behind the application is without a shadow of a doubt a scammer. The KayaFX brokers are unregulated and unlicensed, with tons of complaints in motion against the malicious company. That is a clear-cut sign for you to avoid anything from the Bitcoin Secret Loophole
When it comes to malicious scams, there are always signs that would make you feel suspicious. For beginners, the owner is an anonymous character. Not much is known regarding him, besides the testimonial videos with his voice. Most images of the so-called Steve McKay are pictures from the internet. Investing in such a project would leave you in a complicated position in case of losses.
Another aspect that points to a scam is the number of testimonials. The Bitcoin Secret Loophole website is full of testimonials from apparent users. While it may seem accurate, this might be paid actors, stock images or the exact crooks behind the project. Don't let such testimonials fool you as most of the times they are entirely fake.
Bitcoin Secret Loophole Conclusion
Straightforwardly, this is a guaranteed scam out to rip people money. The software is a prelaunch of a past scam app known as Bitcoin Loophole. The fraud failed terribly and seemed to have bounced back from last year.
Furthermore, the program is using the same exact scamming factors that were present in the older version of the apps. There isn't much left to say regarding Bitcoin Secret Loophole except that it is a dangerous software and everyone should stay away from the platform. I would not expect anything good to come out of it.