Crypto Boom review – Is it a scam or not? – Real test of the robot
(3.3 / 5)
Experts predict that the value of cryptocurrency will skyrocket in the next couple of months or years. Since the goal of crypto is to replace traditional fiat currencies at some point, it’s no surprise that many people are beginning to invest in this particular asset.
Although cryptocurrency has been around for quite some time, the public has only started paying attention to it recently. A lot of long-time traders already have cryptocurrencies in their portfolios. But with the growing popularity of cryptocurrency, it’s only typical for many people to want to dabble with trading as well.
But the problem is you can’t learn how to trade like an expert in a couple of days. There are so many terms and strategies that you have to understand. The crypto market is also very unpredictable. This makes it very difficult to read. But this doesn’t mean beginners don’t have a chance to profit from cryptocurrency.
If you just recently entered the trading world and wish to invest in cryptocurrency, then you should look into trading robots. This review will focus on Crypto Boom and the features and services it has to offer to professional and beginner traders alike.
What is Crypto Boom? – The robot presented
Crypto Boom is a trading platform where clients can invest in a particular asset class known as cryptocurrency. But the main feature of Crypto Boom is its automatic trading service. It was created in 2018 to help both newbies and professional traders invest in cryptocurrency.
This trading robot boasts of having a 95% accuracy rate, and some users claim to have made up to $5,000 in a single day. It also features tools and services not offered by other trading robots. Crypto Boom offers its clients EOS, Litecoin, Ethereum, and other cryptocurrencies.
Regulation and safety
People often doubt the platform or bot itself when dealing with cryptocurrencies and automatic trading robots. This is understandable since there are so many scam websites and platforms out there. Crypto Boom is one of the legit trading robots available on the market.
A lot of users can back this claim, and they can even provide positive feedback for the trading platform or robot. However, you can’t completely trust a website just because of its positive reviews. You still have to be careful when investing in digital assets.
How does it work? – The trading platform
Crypto Boom, just like any other automatic trading software, uses artificial intelligence or AI to execute trades for its clients. It is capable of scanning the vast crypto market for profitable opportunities.
It isn’t only capable of scanning the market, though. It takes the information on all the assets and tries to predict how the market will move in the near future. This way, you will be able to invest your capital in the most profitable asset.
Its lightning-fast execution speed is also a game-changer. If your trading robot’s system is lagging behind, chances are you will miss a lot of profitable opportunities. Crypto Boom is always 0.01 seconds ahead of the retail market.
Another advantage of using Crypto Boom’s trading robot is the elimination of human error. Simply put, AI is not affected by fear, hesitation, or any other negative emotion. It will execute the trade if it finds a profitable opportunity.
Open your free account
Creating a Crypto Boom account won’t take much of your time. Additionally, this software does not charge a registration fee. As soon as you verify your account, you can start using its platform and all its services and features.
To open an account, fill out the registration form on the website. The form will ask for your full name, email address, and contact number. Keep in mind that you have to put in the correct country code because Crypto Boom will need to verify your account using your phone number.
Once you submit the form, you will receive an email containing a verification link that you will have to click on. You won’t need to upload copies of your ID or bank details to verify your account. You have to click on the link they sent you, and you will be redirected to the trading platform where you can start investing in cryptocurrency.
Test it with a demo account
Although trading robots can invest in cryptocurrency with minimal supervision from you, not all robots function the same way. It’s essential for you to utilize the trading robot’s free demo account before you decide to invest in that particular software.
Crypto Boom’s free demo account gives you access to the platform’s features so you can check to see if it offers everything you need. But demo accounts can also be used by beginners to practice trading. Since it mirrors live market conditions, beginners will technically be training on the field.
Since it’s a demo account, you can’t earn actual money. This also means you don’t need real cash to test out the platform and robot. Crypto Boom provides your demo account with virtual funds that you can invest in any of the available cryptocurrencies on the platform.
If you have verified that Crypto Boom is your ideal trading robot, you will need to deposit funds to be able to start trading live. The minimum deposit amount required by Crypto Boom is $250. This trading bot supports multiple payment methods to make things easier for their clients. These methods include Voguepay, Neteller, Skrill, debit cards, and credit cards.
Some trading platforms usually take 48 hours to process deposits. With Crypto Boom, you can expect to see the funds you deposited in your account within 24 hours.
When withdrawing your earnings, the payment methods mentioned above can be used. Crypto Boom ensures that the amount you want to withdraw will reflect on your account within 24 to 48 hours after you submit your withdrawal request.
Fees on Crypto Boom
There are a few trading robots that charge a small fee from their clients in order to keep the software running. This software doesn’t take a cut from your earnings as well. This means everything you earn from the platform is yours to keep. Additionally, there are no deposit fees, hidden fees, trading commissions, and withdrawal charges.
Support on Crypto Boom
Crypto Boom has a dedicated customer support system that is available 24/7. You can contact the customer support representatives via mail or phone. Despite it being available 24/7, though, they are not very responsive. It takes a couple of hours for them to respond, but the chances of your encountering a time-sensitive problem with Crypto Boom are rare.
Conclusion – Trading has its chances and risks, but Crypto Boom is not a scam
Trading, in general, is a risky business. But it is possible to profit off of it, especially if you play your cards right. Manually executing trades gives you the freedom to make changes whenever you want. But it comes with a lot of disadvantages as well.
Using trading robots eliminates certain disadvantages like lag time or human error. This is why it’s crucial for you to partner with trading robots that are safe, reliable, and offer the services and tools that you require.
It’s not enough to just read user reviews or articles about the trading robot. Keep in mind that you shouldn’t believe everything that you read. Take every review with a grain of salt. The best way to know if a trading robot is the right one is by testing it yourself.
Lastly, although Crypto Boom seems like a legit trading bot, you still have to be careful when trading. Investing a considerable amount of money in cryptocurrency is not a surefire way to earn millions. The market is unpredictable, and the possibility of you losing all your capital will always be there.
Frequently asked questions about Crypto Boom:
Is Crypto Boom available in my country?
Crypto Boom offers its services to countries around the globe. These countries include Canada, Australia, the United Kingdom, the United States, and Slovenia.
Is Crypto Boom legit?
According to numerous user reviews, Crypto Boom is the real deal. They report gaining thousands of dollars because of this trading robot. However, it would help if you didn’t believe all the user testimonials about this trading robot on the internet. Take every review with a grain of salt. A number of these were composed with unrealistic profits to generate hype around the trading robot to draw in more customers.
Can I profit more if I use Crypto Boom’s trading robot?
Although Crypto Boom has a high accuracy rate, it is not guaranteed to yield positive results all the time. Considering how volatile the crypto market is, there will be times when the trading robot fails to predict its movement.
But if you compare auto trading with manual trading, the chances of you earning more are a bit higher if you use a trading robot. If we execute our own trades, our emotions often control us. We get scared, hesitate, and even change our minds just because of what other traders say. Because of our emotions, we end up missing out on a great opportunity.
Robots, in general, don’t feel emotion. This means human emotions can’t sway the decision of a trading robot. This is sometimes a good thing, but again, this does not guarantee a win all the time.
Another reason that using trading robots increases your chances of gain is their ability to execute trades as soon as they detect a profitable trading opportunity. This can’t be done manually trading unless your eyes are glued to the screen 24/7.
How much money can I make with Crypto Boom?
According to Crypto Boom’s website and many user reviews, you stand to gain up to $5,000 daily. But this amount is greatly exaggerated and does not apply to everyone. Think of it this way, the more you invest, the more you stand to gain.
With that said, the amount you earn depends on how much you initially invested. It also depends on the market conditions and the trading robot’s performance. If you don’t make a profit, you can’t wholly blame the robot since it relies on you to calibrate the settings correctly. Make sure to browse the internet for the necessary information that you need before setting up your trading bot.
Is Crypto Boom available on the App Store or Play Store?
Crypto Boom does not currently have a mobile application that can be downloaded from the Google Play Store or Apple App Store. But users can access the platform through the browser on any mobile device.
Do I need prior trading experience to use Crypto Boom?
Crypto Boom’s platform is straightforward to understand and use. Beginners won’t have a hard time navigating their way through the website. You need to set up your trading bot and leave it to do the work for you. Although the robot is supposedly very accurate, check on it when you have time. You may need to alter the settings after a while.
How much time should I spend on Crypto Boom?
When trading using a bot, you only need at least 20 minutes to check out the market, look at news articles, and set up the bot.
Is Crypto Boom free?
Crypto Boom is a free-to-use trading robot. Unlike most trading bots, Crypto Boom does not charge a commission or take a cut from your profits. There are no hidden fees as well. The only thing worth noting is that to use Crypto Boom’s services, you need at least $250 in your account. This is the minimum deposit required by this particular trading software.
Is my data safe with Crypto Boom?
Crypto Boom claims to protect all its user’s data and personal information. They utilize a sophisticated encryption method to keep your data safe from hackers.