Is Bitcoin Doubler a Scam?
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Launched in 2017, Bitcoin Doubler is an automated platform that claims to double your bitcoins. On their website, you can find an investment plan that guarantees returns within just 10 hours.
But our experience tells us that these kinds of claims are unrealistic. Due to the high volatility of the cryptocurrency markets, no software or company can guarantee where the price will move within a predefined period of time. We suspected that Bitcoin Doubler is not a genuine trading software and this is the reason we were compelled to perform our own investigation.
If you have doubts or questions, read this complete review. Our detailed review will help you find out the truth about this trading system that claims to double your bitcoins and that too within 10 hours.
What Is Bitcoin Doubler?
Making use of algorithmic and automated trading systems have become really popular over the years. Since the inception of the cryptocurrency markets, the interest in investing in bitcoins and other digital currencies have also increased drastically. To cater to the needs of individuals who want to invest in bitcoins easily and without much hassle, software developers have come up with doublers which can double your bitcoins at every opportunity they get. But, some of these doublers are fake and they don’t do anything other than stealing your bitcoins.
The Bitcoin Doubler is a system that is not linked to any credible websites. While it claims to amplify your bitcoins by two-folds using its 10 hour investment plan, there is no truth to it. The Bitcoin Doubler simply doesn’t meet the expectations of its users.
If you are looking to invest in a Bitcoin doubler, you shouldn’t rush and deposit your bitcoins. More of the free bitcoin generators out there are pure scams. While some may work, there is no guarantee that they will double your bitcoins. In the process, you may end up losing your bitcoins. It doesn’t harm to check if the program is legit.
The Operational Mechanism of Bitcoin Doubler
The bitcoin market is booming and many traders are interested in getting involved with cryptocurrency trading. In fact, many traders are taking up any opportunity that is coming their way to double their bitcoins. The Bitcoin Doubler is a trading software that is fully automated and claims to double bitcoins on behalf of its users.
But it is quite evident that the developers of Bitcoin Doubler are making unrealistic promises. Their statements are over-promising which is impossible to achieve in the real cryptocurrency trading world.
How the Bitcoin Doubler operates is also very unclear. It claims to do everything on its own including looking for information from blockchain transfers, comparing price differences, calculating fees for the transaction and executing the trade. But our research suggest that it doesn’t work in such a manner. As investigators, we have come across systems like this in the past and based on our experience, we can say that Bitcoin Doubler is a random number generator. The transactions it carries out are random and there is no guarantee that it will actually help traders double their bitcoins.
Bitcoin Doubler: Legit or Not?
We managed to pick a number of red flags at the time of performing our research. To us, Bitcoin Doubler doesn’t look like a legit program. Although the claims on returns on investments look attractive, the truth of the matter is that Bitcoin Doubler is a scam which is designed to steal your investment funds.
The company that is behind this scam is unwilling to share any information about themselves. We have no information about their background and the person who owns this software. A search on their domain reveals that it was registered sometime in 2017. The settings are private and the name of the person who registered the domain is also not available. However, one thing that is clear is that the domain was registered in Panama.
Since the identity of the people behind this software cannot be revealed, it is a warning that this software could be a potentially dangerous scam and you could risk losing all your capital investment if you sign up for it.
A company that does not provide basic information is either not worth your attention or is a scam that you must stay clear of.
Bitcoin Doubler claims to be a High Yield Investment Program. The people behind this software have left no stones unturned to convince people about the kind of luxurious life they can live after joining this program. But, the sad reality is that such programs come with a great degree of risk and when the entire program has been designed by crooks who don’t want their identities to be revealed, then there is a serious risk of losing the funds.
We don’t recommend traders to sign up for Bitcoin Doubler because it is an unreliable and unsafe choice. With better options out there, we are sure traders can do just well without getting involved with this lousy scam. This software will only drain your investment and give you nothing much in return.
Final ConclusionAfter detailed investigation our team concluded that this Forex Robot may not be safe.
The lack of enough real and unbiased reviews on the Internet only increases our uncertainty. This auto-trading system has not been able to achieve the profits advertised on their sales page. Unfortunately we cannot confirm that this robot is decent until traders provide positive feedback.
We recommend You to Proceed To Safety and Avoid Scams by Choosing a High Rated and Trusted Robot on Is-Scam.com.
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