In this review of Bitcoin Loophole I’ll be answering the question “Is Bitcoin Loophole a scam?” and giving you 4 reasons to avoid it!
Bitcoin Loophole Review
Product: Bitcoin Loophole
Creator: Steve Mckay
Website: bitcoinloophole.co
Price: Free – $250
Is Bitcoin Loophole A Scam? YES
CLICK HERE TO READ ABOUT MY TOP RANKED PROGRAM!
What Is Bitcoin Loophole?
With the incredible rise of Bitcoin recently, a ton of scams have popped to catch people who are trying to take advantage of it.
Bitcoin Loophole in nothing but a fake binary options trading software disguised as a Bitcoin opportunity.
They claim that you will make $13,000 in 24 hours, and that it is the easiest thing.
When in reality you need to avoid Bitcoin Loophole at all costs and I’m about to give you several reasons why!
The Pros And Cons
I always try to list out the good and bad things about a program, but Bitcoin Loophole has none.
Pros:
- Nothing
Cons:
- Binary Options Are Dangerous
- You’ll Lose Your Money
- Unrealistic Income Claims
- Fake Testimonials
- Steve Mckay Is A Fake Creator
Now I’m going to take some time to go over each of these individuals points in as much detail as I can.
Binary Options Are Dangerous
If you’ve looked up reviews about Bitcoin Loophole, you’ve probably already seen quite a few calling it a scam.
Then after you read about it being a scam, they point you in the direction of a legit trading robot.
Well here’s something that none of those other websites will tell you.
Binary Options Trading Is Risky And Dangerous.
They all make it seem so easy. Like you just deposit some money, click a few buttons and start making bank.
Well I tried it for quite some time in the past, and it absolutely wasn’t that easy.
I followed their instructions, signed up for their recommended robots, deposited my cash, and lost it all in about a day.
Hundreds of dollars.
And that wasn’t the only time.
Don’t get me wrong, you can make money with binary options trading, but it’s no where near as easy as everyone makes it sound.
I prefer to use a way less risky method!
You’ll Lose Your Money
If you haven’t looked to deep into what Bitcoin Loophole is yet, you might be wondering how you could lose money with a free system.
Well technically it is free to use the Bitcoin Loophole “software”, but you’ll have to deposit a minimum $250 before you can use it.
In order to trade binary options you’ll have to sign up for a shady broker, and make your deposit first.
Then once you run the “software” it will continue to trade away all of your money.
This is how scams like this one make money. They get a percentage of the money that you deposit.
There are even many scam brokers out there that won’t give back your money even if you don’t trade it away.
Unrealistic Income Claims
Now let’s get back to Bitcoin Loophole being a huge scam!
One of the biggest red flags out there is when a scam claims that you can make an insane amount of money in no time at all.
When a “system” says you can earn a guaranteed $13,000 in the first 24 hours, it’s a huge scam!
The only way you ever stand to make that much money that fast is if you invest an even larger amount to begin with.
If you invest $15,000 + and win a few trades, you might be able to rake in $13,000 in profits in a day.
Other than that this claims is complete and total Bull crap!
Fake Testimonials
I know that it can be pretty reassuring when you see someone else claiming that this system made them rich.
Well the problem comes with the fact that all of those testimonials at the bottom are fake.
They just used stock photos of random people, and made up crazy claims to get you excited to give them money.
If you think it’s crazy that the testimonials are fake, wait until you read this next part.
The Creator Is Even Fake
I know Steve McKay sounds like an incredible person who has made himself and others rich.
But the fact is that he simple doesn’t exist.
The truth in that Steve McKay is a fake name that has been used in several bitcoin trading scams like this one.
I just wrote a review yesterday about The Bitcoin Code, which is another one of his scams.
It’s incredibly similar to Bitcoin Loophole.
Is Bitcoin Loophole A Scam?
Hopefully after reading or at least skimming through this review you have been convinced that Bitcoin Loophole is a
I want to be completely honest and tell you that I didn’t use Bitcoin Loophole, but that’s only because I’m certain I would be throwing away money.
Make Money Online Without Investment Or High Risk
I was honestly in the exact same position as you are right now about a year and a half ago.
I was learning as much as I could about investing in binary options, or other things in order to make money online.
Well I lost a ton of money doing that before I found a way to make money online without investing.
You can make money by getting other people to go to websites like Amazon, and buy stuff.
It’s actually pretty simple to do, and I’ve been able to quit my job and work completely from home since I started.
If you are interested in getting started for free, you can click here to learn where to get started!
If you have any questions or concerns, please let me know in the comments below!
It is a scam. I have opened an account with 250 dollars. I did make a small profit of 8.00 dollars only because the trader closed the position after 10 min. Then he was pushing me to invest 5,000 dollars and because I did not want to, he was offering half the money to me. I still refused and never heard from him again. I chased and his manager took my case and gave me a lesson about how I had a poor people mentality. Before he called me he opened a second position without asking me and then he showed me on my account that now I had made 352 dollars profit and then him as well was asking me to invest 5,000 dollars which I refused. He offered to give me money and he said the profit and the money he gave me will be mine and I would not have to pay back because he will have made a big commission. When I said ok let’s try, he asked me to give half the money because he was no charity and had wrongly explained. I refused again and he started being aggressive, telling me how he has been wasting his time talking to me for one hour and that I will always be a poor person.
I asked for my 250 dollars plus profit transferred back to my account and suddenly the money shown on my account disappeared. I emailed them and a third person called me to say that I made a second position and I had lost all the money. This person was rude and I hanged up. It is a total scam and they are cowboys. Basically if you give your money they would trade your money without asking you, they played up the figures on the account and they do lie. Better trading with regulated traders. They are not.
I was also cheated by Banc de binary. in first step I lost $1250. My account manager- Mr. Basel- gave me 90% incorrect signals and always pushed me to open trades with high amount of money such as my first trade was with $1000 and I lost it, then he gave me a bonus for the same value and again I lost all. I complained to their management and they agreed to gave me $500 credit just to trade, again another guy named George called me and tried to cheat me to deposit $5000 and when I did not accept he became angry and tried to cheat me in another me so asked me to open a trade for 50% of my account, but I opened it with 10% and I lost it. It is obvious that they try to you lose your money. They make money when you lose money. for Optionrally I had same issue and my manager gave me 10 signals 100% incorrect and I lost $3500.
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