CryptoHopper: Profitable Automated Crypto Trading Bot?
The frenzy surrounding cryptocurrencies may not wither soon, partly because of runaway prices of Bitcoin and, of course, the greed-driven ICOs. But since there are multiple ways of earning from these virtual coins, you should consider placing your funds on other investments like Cryptohopper.
What Is Cryptohopper?
Cryptohopper.com (or Cryptohopper) presents itself as an automated crypto trading bot built based on intelligent trading algorithms to guarantee profits to its investors. The site introduces the whole concept as merely ‘a crypto trader bot whose objective is to make profits for you’ as you concentrate on other “important” things in life. And it follows his with a phrase like “Investing in cryptos has never been easier” or something close to that.
Basically, reading through Cryptohopper and how it does business, you get an idea that the bot buys and sells Bitcoins and other alternatives (altcoins) on autopilot. It is supposedly programmed to identify the best times to trade as it scans the market with near-perfect precision and yields great profits.
You also get the impression that this “mystical” bot will save you the hassles of spending hours scanning the market and mastering how it works. The platform’s super-easy user-interface promises to help you make huge returns. Many say it takes advantage of the market’s unexplainable volatility to multiple your Bitcoins!
How CryptoHopper Automated Crypto Trading Bot Works
Upon signing up, the platform promises nothing, but profits. The dashboard is so professional that you get a clear view of your trading positions, read performance reports and subscribe to the most profitable signals. The platform also allows you to check your trading history, view stats and price movements of different currencies. You will, however, need to adjust your Cryptohopper account.
CryptoHopper Chief Features:
- External signals professionally integrated for a seamless purchase of cryptocurrencies.
- The platform’s intuitive design presents zero problems.
- A vibrant online community of Cryptohopper where learning and interacting is a norm.
- Multiple trading strategies.
- Supports trading on Poloniex, Bittrex, GDAX, and Kraken.
- Backtesting or testing each strategy per a coin to see whether it would have offered returns.
- Over 75 coins supported, though the number of them that you can trade depends on the pricing plan you choose.
- Pricing – there’s a free trial month and thereafter Bunny Adventure Hopper going for $19 per month, Hare Adventure Hopper for $49 a month and Kangaroo Master for $99 every month.
CryptoHopper Verdict
Who Owns Cryptohopper?
Despite having social media profiles on Facebook, Twitter and Instagram and a Reddit account with a single post, information regarding who owns it isn’t available. The domain is pretty young too – registered in July 2017.
Is It Malicious?
We can give it the benefit of the doubt. But that doesn’t mean it has features of a professional trading robot. First, the description of how Cryptohopper makes profits is lame while the whole site looks generic and half-baked with bugs and flimsy mechanics. Even the cheerful, hired American voice talent on its videos means the project was hurriedly done.
Yes, it can either be the next Steve Jobs or Charles Ponzi, who knows? You can give it a shot and tell us what you found!