Post
Topic
Board Trading Discussion
Re: Anyone use btcrobot.com?
by
eurobitcoin
on 10/04/2014, 10:55:27 UTC
Quote
I would recommend you cut your losses

Greetings, dear BTC Robot members!

We have been paying attention to your emails about our BTC Robot's recent performance and we would like you to know that we are keeping a close eye on the Bitcoin markets. Bitcoin prices are facing a strong regression these days; as you can see from the Bitcoin charts here https://bitcoinwisdom.com/ , the long term trend during the last few months has been bearish and the price has been decreasing with very low volatility, which does not give enough volatility for the robot to take advantage of the decreasing price.

However, despite the recent bearishness, we are always optimistic about Bitcoin's potential. The best performance is always shown on growing bullish markets. You need to remind yourself to consider trading as a long term investment. It does not matter if you trade BTC or just "buy and hold" it, during the bearish down market it's difficult to profit effectively and the best strategy is just to wait for the right market.

We expect the winds to shift and Bitcoin's trends to become more positive during the second half of this year, similar to what happened last year, which in turn strengthened customer confidence in BTC  (after pending government regulations), which also ensures the future rise of its price and in turn, more profits for you.

Meanwhile, for those of you like to trade on Metatrader, you can try an alernate, profitable BTC trading solution from our affiliated partners, FapTurbo2.com. They offer automated trading robots for MT4 such as BTC FAPT2 Premium at http://fapturbo2.com and also, their free Bitcoin indicator http://fapturbo2.com/bonus_bitcoin_signal_indicator.php . Both of these operate on MT4 and will give you the opportunity to take advantage of bearish markets as well, not only during bullish markets like on BTC-e.