Product Name: BTC Robot
Product Owner: Stefan H + Mike S
Advertised Price: 149 $ Silver License, 248 $ Gold License, 498 $ Platinum License
Upsells: $199 Recurring, $249, $149, $349
What Is It?
Speculate on the price of bitcoins to make money.
This is basically gambling, regardless of what they say about guaranteed ‘automation' software.
Before You Buy:
This product has not launched yet, so I haven't seen all the introduction videos or promotional material. Well, how then can I write a review of a product I haven't tried? Well, I usually make sure to purchase all products so I can give an accurate description of what you would be buying into should you choose to purchase it. However, this one is similar enough to other products I've reviewed before that I feel I can provide a pretty good description on how it works and what you can expect from it.
I'm unsure what the difference between these licenses are, but I do know that $500 is expensive to start out, especially when you can buy your own website for $10, or even start a real business for free.. I also know that there are lots of upsells (see image below), so you can expect to pay almost $1000 if you buy everything the offer you. (image is from their pre-launch promotional material).
What I Liked:
Bitcoins are a real thing, and yes, you can make money by speculating on the price. I looked into buying some bitcoins back in 2012 when they were like $14 per coin. Unfortunately I never did buy some (I was worried about my virtual wallet getting hacked), and they spiked to over $300 per bitcoin. Wow. Yeah, I missed out on a lot of money there.
In fact, the Winklevoss twins started an ETF to track the price of bitcoins (If you don't know what an ETF is, it's a mutual fund that trades like a stock). I don't know if it has officially been launched yet, but I just mean to say that yes, there is money to be made with bitcoins.
What I Didn't Like:
Remember how I missed out on that $14 to $300 dollar price move? Well, then they crashed to about $60 per coin after speculation got out of control, and one of the main bitcoin ‘banks' suffered DDOS attacks, making buying and selling impossible for days. Good thing I didn't buy at $300.
Hmm. Taking advantage of newbies? Aren't you a newbie? Expect to lose some money before you make any.
And they talk a lot about automation. Really? Do you really want to trust YOUR money to a robot trading in virtual currency? I don't . It sounds nice, but it's too much risk for my taste.
Who Is This Product For:
This product could be for someone with big pockets, a taste for high risk gambling, and no time to get to Vegas (honestly, I think your chances are better for winning big money there). Oh, and as a side note; If you do not know what Forex, Bitcoins, Binary Options, or ETFs are, this product is probably not for you.
Get BTC Robot Here
I recommend you don't even mess with stuff like this. It's not worth your time. Take the steps that I took to start my first online business. I help any newbies to the online business training center where I learned affiliate marketing.
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