Automatic Bitcoin Trading - arbitrage bot investment website

[nutildah]

I'm not sure if this is the best place to put this post, and I don't normally do this kind of thing, but I'd like to tell the community about a BTC investment program that is interesting to me personally.

The Automatic Bitcoin Trading group is an investment group that uses arbitrage bots to capitalize on price differences between 20 different exchanges globally. The bot operates 24/7 and the majority of its trades (viewable on the site) are positive (albeit small).

In 2 weeks I made close to a 20% return and recently withdrew my profits (the entire withdrawal process took about 8 hours... but it did work). This is different from the usual bot-driven bitcoin investment groups that rely on price fluctuations that are in the favor of the trade. Arbitrage is generally less risky, as all that's happening is buy/sell prices on different exchanges are being exploited for instant profits.

You can take a look for yourself here:

https://autobitcointrading.com/

So far everything is going according to plan and I have no reasons to doubt the authenticity of this site. For more information, and bot trading/bitcoin investing-related articles, please check out my blog, there's some informative stuff in there:

http://bitcoinautotradingreview.com/

Good luck and may the force be with you!


edit: turned out to be a scam, I got ripped off. it made me curious about bitcoin scams and led me to become a scambuster

[minero1]

How much did you pay for this and does it cost more the longer you use it?
What were your margins and for which assets did you buy and sell with? Primarily btc?

[Slow death]

The only thing I'm wary of is the fact that you are required to leave your deposit invested for a minimum of 90 days. Other than I'm pretty happy with it so far.

Can the investor withdraw the profits?

What is the minimum amount to withdraw?

There are a lot of things you forgot to mention in your article, such as minimum withdrawal value, how long does the investment take to mature?

[josephdd1]

Can the investor withdraw the profits?
What is the minimum amount to withdraw?

Yes, after you have accrued 0.01 BTC or more in profits, you can only withdrawal the entire profit amount (or opt to reinvest the entire profit amount). As far as waiting for an investment to mature, the minimum required length of deposit is 90 days, I believe.

(don't hold me to it, I'm not the site admin and I'm just going by what I read and personal experience)

I will ckeck this site, looking different from the others and looks, at least,  good
So you can withdraw your deposit, after 90 days passed but you can withdraw your profit, as long as you reach the minimun .01BTC.
I get it right?

[Phoenil]

I have invested 0.01 BTC and planning to add more. Just looking how it works.

Could be this possibly a scam?

[springgers]

I have invested 0.01 BTC and planning to add more. Just looking how it works.

Could be this possibly a scam?

If it is then who are you going to complain to if it happens?
To the op for bring it up to you to try it out?
It could vanish by the time pay out is to be done.
If it was legit then they would allow you to take it out when ever you feel like it.
It seem even the legitimate exchanges are starting to do the same in freezing withdrawals from their exchanges as well.

[Lauren Smith]

I am not so sure what to make of this. It doesn't look like a silly ponzi and seems to have love stats streaming. The return is high and  how does the bit know when to buy and sell ? Why would someone need our money they can use their own ?

[Caladonian]

I am not so sure what to make of this. It doesn't look like a silly ponzi and seems to have love stats streaming. The return is high and  how does the bit know when to buy and sell ? Why would someone need our money they can use their own ?

if the purpose is for real they needed a big capital to earn from arbitrage they needed to take advantage of the current situation when certain exchange have little difference from another its really hard to say how legit the site was since they are holding your funds for 90 days without any control.

[Slow death]

I also found this website and have been actively using it, coming on day 26 today. I have been taking daily screenshots, recording daily dividends and reinvesting my earnings as soon as possible. I posted daily snapshots on instagram for the first week and then jumped to only one post per week with the intention on finishing up with a whole month recap. So far, I have not crunched my numbers, but have done some slight mathematics and have a good idea on what my return has been. I also have deposited more into my account, but haven't done that for a couple weeks now. So far, just collecting the daily dividends and they sure do add up. I have not done any withdrawals, so I am unsure how that will work out. My intention is to keep this going for a solid year. Once your daily earnings are enough to reinvest once per day, it truly will be a 1% daily return. Plug some numbers in and see what say $1000 can turn into in just one year.

I would post a picture but I am unsure how to go about that. I don't forum.

I'm free for any inquiries y'all may have.

https://www.autobitcointrading.com/?join=RXV6QSD

You have to remove referral link, they are forum rules

What was the amount you invested?

How much do you earn per day?

[f0xtr0t]

Sorry about the link.

I initially deposited just over $327 and a week later deposited another $80 or so. I have been reinvesting dividends so my daily amount is consistently increasing. Week 1 average profit was $2.54/day, week 2 was $3.63/day and week 3 was $4.67; currently on week 4. Seems that once your withdrawal balance is about $10, you get the option to reinvest those dividends back into your account.

[Slow death]

I see the results are very good, I have a question.

After someone has invested, does it have a deadline to expire the investment or plans are lifetime?

[f0xtr0t]

I see the results are very good, I have a question.

After someone has invested, does it have a deadline to expire the investment or plans are lifetime?

Personally, I have not seen, found or heard of this platform running for a finite, specified time, so I would safely assume there is no limit to the length of your investment. Go for a month, go for a year, depends on how solid this site is and how long it will be around, I suppose.

[adityaa]

I’m pleased to report that, over a time period of about two months, I’ve successfully performed 3 withdrawals from profits based on a $50 initial investment and a subsequent $67 investment about 1 month later. The sum of my total withdrawals as of the date of this post is approximately 0.036 BTC, or about $43 at today’s prices.

Although the amount of profits vary daily, they have been consistently positive. Shown below is a screenshot of the results of an average day’s trades. For the first 27 days I average about 0.60% a day – slightly lower than the site’s average estimate of about 1% per day. However, over the following two weeks I averaged close to 0.86% per day, and in the 17 days leading up to today I’ve been averaging 0.91% a day, which is pretty close to 1%.



Needless to say, I am extraordinarily pleased thusfar with my experience with ABT and have no complaints regarding their customer service or withdrawal system. It seems that their newly-updated arbitrage bot is working better than the older version as returns per day have been steadily creeping upwards. If you’d like more information on AutoBitcoinTrading or details on how their investment program works, visit their homepage here.

http://bitcoinautotradingreview.com/2017/04/22/my-experience-with-autobitcointrading-after-60-days/

How this works can you explain me as I am thinking of investing in this but don't have much knowledge of trading and all.

Regards

[Miner2525]

How this works can you explain me as I am thinking of investing in this but don't have much knowledge of trading and all.

Don't ever invest in what you don't fully understand.

The premise is sound, so I think this has a slightly higher chance than average of not being a scam.  But as there is no transparency and no evidence of being regulatory compliant, its just good for shits and giggles money.  A toy, nothing more.

[Slow death]

How this works can you explain me as I am thinking of investing in this but don't have much knowledge of trading and all.

Regards

Sure no problem. To simplify it for you, ABT is a bitcoin investment program. What sets it apart from all others is that it is based on bitcoin exchange arbitrage trading program, exclusively powered by bots that conduct trades automatically based on parameters set by proprietary algorithmic software.

Arbitrage is the act of buying bitcoin at a low price from one exchange and selling it at another exchange for a profit. Once a significant buy/sell gap is detected between two different BTC exchanges, the bot automatically buys from one exchange and sells to the other.

Most of the time the actual amounts gained per trade are quite small (usually less than a dollar), but if you add up dozens daily across hundreds of investors, the amount of total profits generated ends up to be quite large. The average daily payout is advertised at 1% but I've experienced it to be closer to 0.7% and 0.9%.

This may not sound like a lot, but given the fact that the majority of trades conducted by the bot have net gains (85% or so), the profit is consistent and stable. This is because, unlike most other investment groups, it raises capital through arbitrage, which is a relatively risk-less and reasonable strategy compared to most others out there.

On top of that, I have had 3 successful withdrawals of profits from them so far, and I will know 100% they are legit when I can withdrawal my initial investment in about 40 days.

Here's my blog about the totality of my experiences with ABT thusfar:

http://bitcoinautotradingreview.com/

Hope this helps!

Was a good explanation and I'm very happy with feedback that you have, I plan to invest, but I still have a question, I sent you PM and I hope I'm not bothering you with my questions

[Miner2525]

So what are they doing to hedge the USD risk because they're paying the initial BTC deposits back out in USD terms not BTC...  why would they even need to take on that risk if they're arbitraging crypto?

Smells real fishy.

[Slow death]

So what are they doing to hedge the USD risk because they're paying the initial BTC deposits back out in USD terms not BTC...  why would they even need to take on that risk if they're arbitraging crypto?

I had not observed this, excellent observation.

Does the person invest in bitcoin and then pay in dollars? I'll investigate more about this site, I believe there must be something obscure about it

[terrate]

So what are they doing to hedge the USD risk because they're paying the initial BTC deposits back out in USD terms not BTC...  why would they even need to take on that risk if they're arbitraging crypto?

I had not observed this, excellent observation.

Does the person invest in bitcoin and then pay in dollars? I'll investigate more about this site, I believe there must be something obscure about it

This website ald in my testing somedays.
For my concern i concern about got new program min deposit 5 btc, so huge compares to 0.01 btc min. Then if got issue, it might..

However bitcoin trading bot look like ok one is ABT. i can't find anymore. so it worth to try.
 

[Miner2525]

No, the payout is in BTC. The minimum withdrawal of profits is 0.01 BTC. There is no exchange of USD involved.

You're not paying attention.  You are not getting the exact same amount of BTC back as you deposited, only the frozen USD value of the initial deposit paid out in BTC.  So if BTC goes up in USD terms after your deposit, you lose that gain (and vice versa).  Since you don't need USD to arbitrage cryptocoins...  wtf is the point of ABT taking on the currency risk?

[CILETTE]

Today, on 25th of May, the website doesn't reply, is it closed? It was a scam??

Or just an update?

Please, reply to me!!!