Bitcoin Forum

Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: DoraNile on April 22, 2019, 09:27:42 AM



Title: Beware of Olymptrade
Post by: DoraNile on April 22, 2019, 09:27:42 AM
Am I the only one who ve noticed some kind of manipulation in Olymp trade?  Traders beware  ,I decide to give trading a try due to the present market conditions we are in so I start using olymptrade demo account, and guess what?  I managed to double the demo account t balance with tools available on the platform so after two weeks of trying to get good with the demo account I deposited 100$ ,even with minimum 1$ trade fee I lose my 100$ like I'm new to the app, I switched back to demo and I keep winning  ,lol it's just crazy,that app is manipulated


Title: Re: Beware of Olymptrade
Post by: feryjhie on April 26, 2019, 03:14:13 AM
how you can be sure about that olymptrade manipulate the chart?
maybe your method to trading just not good like other people who are trading expert on olymptrade

i watch a few of youtube video regarding olymptrade and it seems that website is legit


Title: Re: Beware of Olymptrade
Post by: bhadz on April 26, 2019, 08:15:13 AM
It is a demo and not everything you do there will be as the same perfectly with the real application with your deposited amount. I haven't heard about olymptrade but thinking as if they are manipulated, you should stop using them already.
But try to look also on the way you trade, maybe the market by that time wasn't really so good and you are in bad timing to trade.


Title: Re: Beware of Olymptrade
Post by: ausbit on April 26, 2019, 08:37:17 PM
Most of the exchanges we have in existence are being manipulated and we all just have to careful about the activities of this exchange in order to to loss our funds, one thing we should know is that once our many is there, then that money automatically ceases to be your own but their own which is very bad because we don't know what could happen tomorrow, my advice for us is to trade wisely and do our best to observe shady activities.


Title: Re: Beware of Olymptrade
Post by: rijaljun on April 27, 2019, 06:09:40 AM
That's why I never trust such platform. They are using demo to make people believe that they provide a fair sevice. By winning on demo account, people will start thinking that it is easy to make money but in fact, they will start losing not long after they deposit some funds.


Title: Re: Beware of Olymptrade
Post by: Crypto Girl on April 27, 2019, 12:50:47 PM
That's why I never trust such platform. They are using demo to make people believe that they provide a fair sevice. By winning on demo account, people will start thinking that it is easy to make money but in fact, they will start losing not long after they deposit some funds.
Well not to mention it's just new in the market but I think it's popular in Indian traders.
Basically, in the demo account they will make you hook into it until you successfully give it a shot but the bottom line is the demo account was nothing but a false trading like they will let you believe that trading is for you.

However, I read some articles about olymp trade and it's actually fair.


Title: Re: Beware of Olymptrade
Post by: rijaljun on April 27, 2019, 05:13:01 PM
That's why I never trust such platform. They are using demo to make people believe that they provide a fair sevice. By winning on demo account, people will start thinking that it is easy to make money but in fact, they will start losing not long after they deposit some funds.
Well not to mention it's just new in the market but I think it's popular in Indian traders.
Basically, in the demo account they will make you hook into it until you successfully give it a shot but the bottom line is the demo account was nothing but a false trading like they will let you believe that trading is for you.

However, I read some articles about olymp trade and it's actually fair.
If it's actually fair, then maybe I am the one to blame for all my loss. Now I'm way so far from that kind of platform. Fortunately, crypto trading gave me enough profit to recover my loss on that platform.


Title: Re: Beware of Olymptrade
Post by: Lanatsa on April 27, 2019, 09:00:51 PM
That's why I never trust such platform. They are using demo to make people believe that they provide a fair sevice. By winning on demo account, people will start thinking that it is easy to make money but in fact, they will start losing not long after they deposit some funds.
Well not to mention it's just new in the market but I think it's popular in Indian traders.
Basically, in the demo account they will make you hook into it until you successfully give it a shot but the bottom line is the demo account was nothing but a false trading like they will let you believe that trading is for you.

However, I read some articles about olymp trade and it's actually fair.
If it's actually fair, then maybe I am the one to blame for all my loss. Now I'm way so far from that kind of platform. Fortunately, crypto trading gave me enough profit to recover my loss on that platform.
Theres no other would really gonna be blame if you do lose up on trading but only yourself.If its popular with Indian traders then most likely this platform is fair.
Come to think that not all demo trades would reflect on your actual real-money trading account.If you lost money on real ones then its either its manipulated or just your
trading do sucks.


Title: Re: Beware of Olymptrade
Post by: Ridwan Fauzi on April 28, 2019, 09:59:15 AM
The demo account and real account mostly same, you use same chart and I don't think there is manipulation. Maybe you just guessed the chart and depend on luck to get profit. Some of my friend use olymptrade also and he can make lots of money from it and I ever see when he trade in it, use $5000 per lot and he never met a problem and even when he got a loss he just guessed that he false when he make entry point.


Title: Re: Beware of Olymptrade
Post by: Findingnemo on April 28, 2019, 04:40:03 PM
Am I the only one who ve noticed some kind of manipulation in Olymp trade?  Traders beware  ,I decide to give trading a try due to the present market conditions we are in so I start using olymptrade demo account, and guess what?  I managed to double the demo account t balance with tools available on the platform so after two weeks of trying to get good with the demo account I deposited 100$ ,even with minimum 1$ trade fee I lose my 100$ like I'm new to the app, I switched back to demo and I keep winning  ,lol it's just crazy,that app is manipulated
Looks like the problem id on your side,you might did wrong predictions and lose your capital.

I never used that trading platform and never in need of it as well.


Title: Re: Beware of Olymptrade
Post by: Poolak on August 04, 2019, 06:54:31 AM
yes i felt that too specialy in option mode!
by the way they stole my deposite too :(
i sent 25$ and i have proof that they got it and removed it , but they didn't admit & said we didn't get money , their ast answer was sorry lol
http://prntscr.com/oo31w7
http://prntscr.com/oo329j


Title: Re: Beware of Olymptrade
Post by: realusinvestment on August 18, 2019, 02:34:28 PM
personalty i don't like olymptrade platform , i like IQOPTION and i work this platform more than 2 years  , if you want make money on binary option your need understand market chart ,


Title: Re: Beware of Olymptrade
Post by: Findingnemo on August 18, 2019, 04:45:10 PM
I can see lot of youtubers were promoting this site and also google doing so it must not be a complete scam site but they can't simply take out your money for no reason they will provide some kind of response for your support ticket.You also need to see that site you deposited is original olymptrade or the clone one?


Title: Re: Beware of Olymptrade
Post by: joniboini on August 20, 2019, 04:25:35 AM
I can see lot of youtubers were promoting this site and also google doing so it must not be a complete scam site but they can't simply take out your money for no reason they will provide some kind of response for your support ticket.

I wouldn't trust Youtubers to be honest. They can do almost anything for money, including promoting a shady binary options platform.

Judging at the rating on the app store, it's definitely clear that some users feel that the app is shady or treat them unfairly. The oldest and probably the trusted app on the market is IQ Option at this moment based on several reviews, so maybe OP should switch to that if he's still wanted to try binary option.


Title: Re: Beware of Olymptrade
Post by: shoreno on August 20, 2019, 04:45:35 AM
I can see lot of youtubers were promoting this site and also google doing so it must not be a complete scam site but they can't simply take out your money for no reason they will provide some kind of response for your support ticket.

I wouldn't trust Youtubers to be honest. They can do almost anything for money, including promoting a shady binary options platform.

Judging at the rating on the app store, it's definitely clear that some users feel that the app is shady or treat them unfairly. The oldest and probably the trusted app on the market is IQ Option at this moment based on several reviews, so maybe OP should switch to that if he's still wanted to try binary option.

but they can damage thier reputation if they are going to promote scammy projects  same as with google however they can also give a disclaimer like for example on this forum we can see that there are disclaimers that is written below on the ad banners that says " advertise sites are not endorsed " or on other words they are not liable for whatever loss that a people could end up whenever they start visiting the site  . appstore feedbacks are also not true sometimes  , you wont know if those people are only being paid to write negative feedbacks  .


Title: Re: Beware of Olymptrade
Post by: janggernaut on August 20, 2019, 05:36:06 AM
If that site is really profitable for them (who promoted it) they should trade on there everyday and shouldn't tell to other people since they can make big profit from there. The reason why they promoted it because they didn't win anything and just want to earn through their refferal. All of big win they showed on youtube probably only fake since it's just want to lure people to believe they won big amount on olymptrade.
 


Title: Re: Beware of Olymptrade
Post by: Findingnemo on August 20, 2019, 05:57:09 AM
I can see lot of youtubers were promoting this site and also google doing so it must not be a complete scam site but they can't simply take out your money for no reason they will provide some kind of response for your support ticket.

I wouldn't trust Youtubers to be honest. They can do almost anything for money, including promoting a shady binary options platform.

Judging at the rating on the app store, it's definitely clear that some users feel that the app is shady or treat them unfairly. The oldest and probably the trusted app on the market is IQ Option at this moment based on several reviews, so maybe OP should switch to that if he's still wanted to try binary option.
I think they are promoting those platforms without any knowledge about it,just saying in the middle of they show about this promotion and you can make thousands of dollars with little investments like 10 dollars,if someone have common sense they will ignore those idiots.


Title: Re: Beware of Olymptrade
Post by: leea-1334 on August 20, 2019, 12:22:44 PM

I wouldn't trust Youtubers to be honest. They can do almost anything for money, including promoting a shady binary options platform.

Judging at the rating on the app store, it's definitely clear that some users feel that the app is shady or treat them unfairly. The oldest and probably the trusted app on the market is IQ Option at this moment based on several reviews, so maybe OP should switch to that if he's still wanted to try binary option.

Not just Youtubers but any sort of influencers. Check out some of those influencers at ICObox, or even check out some of the more reputable sites and news publications like Forbes, publishing all sorts of nonsense projects and shilling shitcoins. There are some advisors with 100s of projects under their name, is that not just greed? I would never ever trust someone like them.


Title: Re: Beware of Olymptrade
Post by: Lanatsa on August 27, 2019, 09:18:06 PM
Am I the only one who ve noticed some kind of manipulation in Olymp trade?  Traders beware  ,I decide to give trading a try due to the present market conditions we are in so I start using olymptrade demo account, and guess what?  I managed to double the demo account t balance with tools available on the platform so after two weeks of trying to get good with the demo account I deposited 100$ ,even with minimum 1$ trade fee I lose my 100$ like I'm new to the app, I switched back to demo and I keep winning  ,lol it's just crazy,that app is manipulated

Its clear as water and you've tested out for yourself.You are winning on DEMO but totally lost up on Live account? This do happen actually on my part on
IQoptions too where I do managed to profits with demo funds and tested out for a month and when I tend to deposit using up BTC and those results aren't the same anymore.
Tested further more believing that it might my trading analysis had changed but it did give out the same results.Im not saying IQoption is a scam since there were still lots of people do make use of this platform.Therefore,i decide to move on and find another BO brokers because I do feel manipulation on that broker. You can try up tradersway.com which is way more better it might lack some indicators and tools but somehow I manage to make profits.

Hence, you can look at some review about olymptrade: https://scambroker.com/olymp-trade/


Title: Re: Beware of Olymptrade
Post by: jrrsparkles on August 28, 2019, 05:46:37 PM
As far as I know, almost all exchange platform whether decentralized or centralized they are both have a capability to manipulate anything they want. But Those exchange that belongs to top 30 are not taking advantage of manipulating like what you are talking about. Though, there are some platform that probably doing it in my opinion.
You can't trust the words,anyone here doing the work for money so if the shit exchange doing that means the best exchange also will do but they have any benefit from doing it?

I don't think so when it comes to centralized exchanges but the trading platform OP is talking about different and no one actually know how it works so investing on it is a gamble.


Title: Re: Beware of Olymptrade
Post by: Docnaster on August 28, 2019, 07:36:36 PM
Olymptrade fxoptions 1xbet etc etc are all binary option exchanges and these are prone to hacks, scams and everything like that.
Sometimes even the webmasters are guilty as they intentionally give these excuses to swindle user's money.
Last month I saw someone on the gambling section saying they lost a lot of money in one such binary option exchange. Even though they did nothing wrong.
So my advice would be to stay away from these sites.


Title: Re: Beware of Olymptrade
Post by: honestdi on September 15, 2019, 02:05:16 PM
What is Olymp Trade?
If you are an Internet user you must have seen Olymp Trade app advertisement at least once.

[url]Suggested: Olymptrade Honest Review
[/https://honestdigitalreview.com/2019/03/olymp-trade-india-review-wiki-strategy-pros-cons.html]
Now, Talking about Olymp Trade it is a multi-asset trading Platform owned by Inlustris ltd.

It is a Binary trading option, which is the simplest and cheapest mode of earning money online.

In case you don’t know what actually is Binary Option

It is the Financial exotic option in which the later payoff is either fixed or nothing at all.

There two types of binary options

1.cash or nothing

2. asset or nothing

Now, The former pay the fixed amount of money if the option expires in the money while the latter pays the value of underlying security.

They are also called all or nothing options, digital options, fixed return options on American Stock Exchange.

Pros
Simplest and cheapest way of trading
The demo account is provided to become the pro player
The deposit and withdrawal process with Olymp trade is damn easy
They offer numerous tools, guides, webinars to teach newbie regarding the trading.
Cons
It is to be noted that trading in any field binary, crypto anywhere is a bit riskier. But once you pro you can control the risk.


Title: Re: Beware of Olymptrade
Post by: Holyeye on March 21, 2020, 07:48:45 PM
My friend you better know that the spirit of trading your real money is never the same with demo. Every loss affect you emotionally..and that leads to more mistakes..learn to trade only support and resistance..then you are good to go .am trading as I write now ..olymp trade is the best. Trade use good capital ..reduce your trade to 1% ..use loss compensation plan...with good capital you will know that we pray for loss and expect winning after 3-4 straight losses. 5000USD minimum capital..you are rich for life. WhatsApp me 2347061213433


Title: Re: Beware of Olymptrade
Post by: Bitbtc8 on March 22, 2020, 06:28:39 AM
how you can be sure about that olymptrade manipulate the chart?
maybe your method to trading just not good like other people who are trading expert on olymptrade

i watch a few of youtube video regarding olymptrade and it seems that website is legit
Olymptrade is no fair with their trade charts, thy give demo accounts to fool users that they can actually win and when you deposit real money you start losing money