Bit World Review Update 2023: Ther website is no longer active with members conceding losing their entire investments.
Don't fall into such traps, invest and trade with reputable automated trading bots that make crypto trading lucrative.
Find out why experts and traders prefer automated trading bots.
Every trader wants to each the maximum levels when it comes to trading in the forex market. And that’s what you get with these tools.
You get the best trading tools that hit a consistent profit margin of 85 percent on a yearly basis. It makes them the best forex trading robots to get.
These are some of the best crypto trading solutions the industry has to offer. Seen by most as best in class, the robots do offer better performance than conventional means.
Tested and proven to work, most of the listed robots actually hit the 86 percentile when it comes to consistent monthly profits.
We have to put high performance at the top of the list thanks to hitting set targets in a consistent manner.
The listed robots make reasonable profit margins of about 85% making them some of the best robots to get.
The robots are quite affordable with some offering money-back guarantees as a way to create trust on the performance.
It goes to show these robots do manage to hit the profit targets thanks to the numerous users who find them affordable.
You don’t have to buy an unknown product, these robots also come with demo versions that can help you better understand how they work.
Traders can also use these robots when trading with MT4 demo to find out how effective and successful the robots are.
These robots do every aspect of trading for you and thus, the automated service enables traders to focus on other aspects.
Bit-world.co (not Bitworld) is a dubious Bitcoin investment program where users are likely to lose every single coin sent to them. The site admin is anonymous, and is in no way showing any interest in disclosing the owner. After going through their investment plans and considering a few things, we have no doubt that Bit World is a scam Bitcoin investment platform. 120% in 24 hours is not possible to realize. The site claims that they are investing in Cryptocurrency trading, yet we have always proved that even with trading of Bitcoin, one cannot make exaggerated profits and become rich overnight. So why exactly is Bit World announcing these ridiculous returns? The answer should be obvious by now.
But before we can continue with this Bit World review, we'd like to present you with a solution. Since Bit World is not trading or doing any economic activity that can generate revenue for the system, it is better to call it a ponzi scheme and consider real investment opportunities instead. You can trade with these Cryptocurrency robots for example.
The site announces a lucrative return of 120% in 1 day. That's not achievable and sustainable even for one day. Besides, trading of Bitcoin and other Crypto currencies does not double investments in 24 hours. We could say a ROI of 5% per month is reasonable. However, 120% per day is totally not reasonable. The reason why Bit World is announcing this ROI is because they want to lure the unsuspecting victim. They have to quote immense financial gains within a short duration for the financially illiterate to get persuaded. But rest assured that these people are not trading Crypto currencies. They are only using it as an excuse to get you convinced that a genuine revenue generation activity is going on here.
There are 3 investment plans namely Basic Plan, Pro Plan and VIP Plan. The first plan plan promises 120% per day. The second plan has an alleged ROI of 140% in 3 days and definitely the VIP plans seeks to convince you that you can double your investments in 2 days. Minimum investment is $10 all the way to $1000 depending on which plan you have chosen.
Now, remember that if this anonymous admin was capable of doubling bitcoins, they would never ask you to deposit some money in order to multiply it. They would never need your input in any shape or form. Besides, if it's too good to be true, then it is. There is no doubt that Bit World is too good to be true for a reason.
Clearly this is far from trading. The kind of returns that this site promises can only be found in HYIP scam websites. Besides, the site does not disclose their trading results. This further proves that they are not trading but rather relying on new depositor money to generate revenue. This is typically how ponzi schemes work. They collect money from new investors and use a portion of the funds to make payouts. However, this is not always the case with scam ponzi schemes. Although all of them are scams because they tend to collapse at some point, most of them will never make any payout. We do not know where to categorize Bit World. But it definitely falls under one of the two categories.
Bit World says that it is a legally registered corporation in the UK. However, they are not listed with Companies House, and their company registration details cannot be verified. The certificate which they are showing us is obviously fake, and so this is not a company but just a mere website dedicated towards scamming internet users.
Secondly, the site does not disclose their so-called employees and trading experts. We believe that professional entities are always transparent with their operations. They never register domains anonymously, and they always do not see the need to keep their staff members a secret. Bit World clearly has a second agenda which most gullible internet users don't realize.
No wonder this site is deceptive and is always giving its visitors lots of misleading information. From their alleged physical address to company certificate and economic activities. All are definitely fake because the website can't prove a singe operation which they claim to participate in.
One of the common scam indicators that we use is to establish whether the website in question has external customer feedback and not just what we can find in their website.
First of all, the domain is very new as it was registered a couple of weeks ago and has a very short lifespan. That's an indication that the site owner is not planning to host it for a long duration. They instead plan to do a runner in just 6 months from now.
But that's beside the point. The problem is that we are not able to locate any customer feedback outside the domain. Furthermore, we are not able to verify if the testimonials which are found on this site are genuine. So we definitely know that these are obviously made up.
On the website of Bit World, we find a list of ”latest deposits and withdrawals”. In that list, we see various blockchain transactions. Unfortunately, the problem is that these blockchain numbers cannot be verified or confirmed that they are linked to users of Bit World. There is just no way we can take this information and link it to their alleged users.
The anonymous site admin knows this very well. But they still went ahead to present it as evidence that users and depositing and cashing out from their platform. This is not valid evidence, and so we refuse to consider it as proof that the site is paying.
Bit World seems to be a very dangerous website. It does not inspire confidence now that it lies about a corporation that doesn't even exist. It can't be trusted because of the weird ROIs which can't obviously be achieved. If trading Cryptocurrencies is your game, you are better off with these robots.
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.
0 Comments