Trading bots are becoming all the rage now, and it’s definitely easy to see why: these pieces of software are able to automate a big portion of a trader’s daily tasks, making it easier to unglue their eyes from the computer screen and allow some time for other every-day obligations and hobbies while the bot remains hard at work in the background. True enough, when used correctly and with the right balance of manual intervention and automated trading, bots can be an incredibly nifty tool.
However, while the technology behind trading bots can arguably be quite useful for traders of all knowledge and experience levels, the automated trading industry has unfortunately (but also predictably) become rather prone to fraudulent activity and sham websites. And, although it is usually easy to tell the fake bots from the real ones, scammers are also becoming pretty adept at getting people to register and enter their credentials, but also cash out a hefty sum of money masking as a trading deposit.
Today, we will be going over one such platform that just keeps raising eyebrows despite the abundance of positive reviews that are available on it — Profit Revolution.
What is the Profit Revolution Platform?
Profit Revolution markets itself as a “next-generation” trading robot allegedly developed by a fintech business focused on producing blockchain software. However, something that comes off as strange right off the bat is that there is no specific contact information (such as a company address, email or phone number) available on the website, nor any specific details about the team behind this platform. Indeed, all we can learn about the developers is that they are made up of “experienced employees” from many fields, such as finance and technology.
Profit Revolution is supposed to be one of the company’s major products, with the purpose of providing various solutions to the cryptocurrency trading industry through the development of “great software.” The bot’s creators say that they saw the need to offer an automated trading bot that enabled streamlined trading of many currencies on the same platform.
When considering the option of investing your assets in a project like this, knowing how to identify scammers is an essential skill to possess. Therefore, the aim of this review is to go through some of Profit Revolution’s flagship features and performance claims in order to reach a truthful conclusion about its legitimacy.
Does Profit Revolution Work?
The trading bot industry provides a plethora of opportunities for scammers and frauds to try to sneakily assert themselves as the real deal in order to trick crypto holders out of their money. Their efforts can be quite fruitful, too: with detailed website copy, a neatly executed design of the user interface, and tempting promise of huge gains and no associated commissions, Profit Revolution definitely takes the lead when it comes to providing convincing evidence as to why users should choose their platform to deposit funds.
In general, there are websites such as www.scammerwatch.com that are solely dedicated to ousting the numerous scams littering the crypto trading market; but they and similar websites are up against dozens of others providing glowing reviews of potential scams due to either being affiliated with the fraudulent websites in question, or simply due to lack of actual investigative efforts to check whether a project is legit or not.
Scammers are aware that it is incredibly easy to go through the first page of Google’s search results and put your trust in the various positive comments that they have either posted themselves or paid other people to. However, a discerning user, regardless of their trading expertise, should be able to not only spot the signs of scams, but also put in more time to research the websites they are planning on depositing their money into.
Main Benefits of Using Profit Revolution
The Profit Revolution website lists the following features as the platform’s main benefits:
- Advanced use of artificial intelligence. The Profit Revolution software is claimed to employ algorithms that are able to identify relevant transaction opportunities depending on the trader’s specific requirements. The developers recognize that not everyone trades in the same way, and that some traders use more complex methods than others, depending on their level of skill and trading objectives. Hence, the Profit Revolution AI engine should in theory constantly adjust to the trader’s settings and trading patterns, so they won’t lose out on any profitable trading opportunities. (This kind of description is somewhat vague and can be applied to just about any other trading bot.)
- Compatible with most devices. Profit Revolution is said to work on any computer, smartphone, or tablet that has access to the internet. You should be able to utilize all of the provided features regardless of the device you use to access the app. Keep in mind that, while the desktop version of the Profit Revolution trading program may be more convenient for most traders, you can still use it from your cell phone via your browser app.
- Simplified asset transfer. The developers feel that appropriate money management is essential for a successful trading experience, and that many other platforms force their users to go through time-consuming processes in order to shift their money around. To make things easier for its members, Profit Revolution offers you the freedom to manage money any way you see fit. There are no deposit or withdrawal limits; if you ever need to transfer your money, you may do so in a matter of minutes.
- Smart user interface. Profit Revolution’s user interface is simple to grasp regardless of the trader’s level of experience. The developers allegedly made this possible due to previously researching the best methods to provide all of the information to users without making it feel invasive.
How to Trade With Profit Revolution?
In order to configure your trading parameters, you will need to deposit a minimum of $250 before you can begin the process of trading on Profit Revolution. However, the fact that this specific amount is never elaborated on, but also the fact that many fraudulent projects use the same alleged deposit amount for their own websites, should definitely make any potential user question whether this trading bot should be trusted.
Moving on to another supposed perk, the Profit Revolution trading bot has a demo account option available for beginners who wish to trial out the process of trading without any of the risks that are typically involved. The demo mode should allow users to test their trading plan in a safe, simulated setting, thus enabling them to become acquainted with the Profit Revolution interface and features in order to circumvent losing any money during actual live trading sessions.
Additionally, Profit Revolution claims to provide its users with very high leverage choices — up to 1000:1. This means that Profit Revolution should allow you to loan 1000 times the amount of your deposit in order for you to invest the loaned funds. However, users must exercise extreme caution in this case to avoid borrowing more money than they can afford to repay — and this goes for any other trading platform as well.
Furthermore, Profit Revolution claims to offer excellent stop-loss trading options. The stop-loss tool, when enabled, searches the market for negative trading signals. When such signals are detected, the trading bot pauses order executions and prevents the user from losing money. Generally speaking, this can be a handy tool for people that require extra automation options.
Easy Earn Money With Profit Revolution
Before we reach our final verdict on whether or not Profit Revolution is actually a legit place to do your crypto trading, let’s go over some of the basics of trading with crypto bots in general.
No matter which platform you end up using, cryptocurrency trading essentially entails betting on the chosen currency’s future worth. The market is as profitable as it is because nobody is able to say for sure what that worth is going to be, although certain past indicators can help with these estimations. However, through the use of smart tools and fundamental analysis, as well as a sound trading strategy, traders are able to more effectively predict the direction of the coin’s value.
Ultimately, you have complete control over how much money you invest and which markets you invest in. However, if you are having difficulty making judgments or are short on time, you may outsource some of these decisions to an automated trading bot. Experienced traders and beginners alike may choose to utilize trading bots in addition to manual trading.
This is where platforms like Profit Revolution come in. When used correctly, an automated trading bot has the potential to increase your profits and enhance your overall trading portfolio. While the platform handles all of this legwork, there are several things you can do to boost your chances of success:
- Begin with a modest investment. Don’t go all-in with your money. As far as Profit Revolution is concerned, if you really want to test out the platform’s capabilities, start with the required $250 deposit and gradually increase if you feel that this particular website is working for you.
- Don’t make any more investments than you can afford to lose. As you will be able to see further in the review, Profit Revolution might not be the best place to start if you wish to invest a huge amount of money in the hopes of getting higher returns. Additionally, remember that crypto markets can practically change overnight, so be cautious about how much you invest in general.
- Save a portion of your gains. It is tempting to continue reinvesting your profits, but you never know when the market will shift. When you make a profit, set aside a portion of it for yourself just in case.
- Follow expert guidance. Research trading blogs in order to find out everything you can from credible sources. If you trade on other platforms that provide social copy trading, see if you can adapt some of your strategies to Profit Revolution as well.
How to Start Using Profit Revolution?
You can start using the trading platform by following a few simple steps:
- Register for an account. You will find a registration form on the homepage of the website, which takes approximately 2 minutes to complete. To register, the user needs to provide contact information such as their full name, e-mail address, and phone number. Wait a few minutes after submitting the information in order to receive a verification link. This process is supposed to be quick, lasting no more than five minutes.
- Set up the account. Once your account has been verified, you will be able to use the app. When inside your account, you should be able to find plenty of features and deposit options to consider. The minimum deposit amount is $250.
- Begin trading. To start your first trading session, click the Trade button. The software will then utilize its algorithms to search for deals and execute them when they are spotted. A general rule of thumb would be to check in on the app once every couple of hours to confirm that everything is running properly.
Our firm belief is that crypto investors are a savvy bunch that won’t simply throw their money at every single trading platform that pops up just because it boasts great features and rewards. And so, just by doing a little more digging, one should be able to stumble upon a more objective Profit Revolution review, highlighting most of the factors that are making us distrust the legitimacy of this platform, one should be able to come to the conclusion that Profit Revolution is not a clever way of managing or simplifying your day trading.
Is Profit Revolution a genuine business? Despite the presence of numerous positive reviews online, it is extremely hard to peg it as such. For starters, not only do these positive user reviews contain a bunch of Profit Revolution affiliate links, but they also read more like advertisements for the platform than truthful summaries of the users’ experiences.
In short, if you are looking for a trustworthy and reputable platform to automate your trading orders, Profit Revolution is not it.