The Bitcoin Method system promises to provide its visitors with access to a way for making as much as $14,000 per day with ease online through automated Bitcoin investing & it claims to provide the “hottest trading opportunity of the decade”.
But obviously the promise of $14,000 per day in profits is a pretty darn bold claim so what’s the truth about it?
Is it really legit or is the Bitcoin Method a scam that you should just avoid?
Well, thankfully you’ve landed in the right place to find out because I’ve taken a closer look into it myself & in this honest Bitcoin Method review I’m going to be uncovering some serious warnings about it which you need to know before you deposit.
What Is The Bitcoin Method?
The Bitcoin Method is something that’s allegedly been founded by a guy named Joe Templeton and it essentially promises to provide a way for anybody to be able to generate huge daily profits from investing in Bitcoin.
Joe claims that he’s figured out a formula which can allegedly accurately detect the price of Bitcoin in advance & he claims that he’s built a piece of software around this formula which can make trades on your behalf.
So you’re essentially led to believe that you just need to sign up, make a small deposit & then activate the system to begin making daily profits of up to (or over) $14,000 per day all on complete autopilot… Even if you’re brand new to trading.
Joe claims that you don’t need any experience & that you don’t even need to do anything other than make sure the system is “switched on” each day.
But it just all sounds a bit too good to be true, doesn’t it?
I mean if the Bitcoin Method system is real then why isn’t everybody using it? I think you’ll agree that $14,000 per day is more than most people make in a month… So why are people still working at jobs they dislike if they can just plug-in to Joe’s Bitcoin Method system & earn even more, without having to actually work?
Well, the reason they’re not using his system is because it’s actually just a big fat scam. The Bitcoin Method isn’t real at all & I can say that so confidently because it’s actually just a re-hashed version of a scam I’ve seen before named Bitcoin Evolution.
The creator of the scam just keeps changing the name of it in an attempt to escape the negative reviews that surface so that he can continue tricking people into signing up to it & earning money at their expense.
But you don’t have to just “take my word for it” when I say that, after all, I appreciate that you might have been hoping this thing was really going to work for you… So instead keep on reading & I’ll show you how it actually works below…
How Does The Bitcoin Method Work?
So basically the Bitcoin Method promises to provide you with access to a super-easy way to earn lots of money without you having to actually do anything… But in reality, the whole thing is just a ploy to trick you into depositing with an unlicensed binary options broker.
You see the 1 thing that the creator fails to tell you is that he is affiliated with the broker that you’re forced to deposit with before you can access the system, which means he gets paid a commission when you deposit.
Oh, and the real creator isn’t actually Joe Templeton – that’s just an alias that the person who’s really set it up is using to hide behind.
As shown below the photo of “Joe Templeton” has just been pulled from a stock-image website:
You see basically binary options trading is “technically” legit but it’s extremely risky & most of the brokers associated with it except for the odd few like IQ Option are complete rogues that hold no licenses.
It basically involves you betting on the direction of the value of something over a set period of time… So, for example, you would bet on the value of Bitcoin increasing or decreasing, and you’d make money if you were right.
It’s made to sound easy but to the extremely small time windows that bets are made over (usually under a minute), it’s extremely risky as there’s no way you can accurately predict anything over such a short window. It’s just like dropping money onto a roulette wheel.
Furthermore, the odds are also stacked against you because if you win, you get your money back plus a small profit, but if you lose then the broker takes everything. It’s really set out in the brokers favour.
Anyway, due to the high-risk, most people are reluctant to dabble with binary options (and rightly so)… But a lot of these fake systems like the Bitcoin Method have started launching in an attempt to trick people into depositing.
They want to make you believe that you’ll actually be able to easily generate profits so that you’ll deposit… But they’re not real at all, the creators of them are just trying to trick you so that they can earn a commission at your expense by getting you to sign up with their “recommended” broker and invest money.
And from here you might just be thinking that you’ll be left to find out the hard way that the whole thing doesn’t really work as promised but nope, the scam is actually much more cunning & much more dangerous than that.
You see the systems like the Bitcoin Method system aren’t actually connected to any real markets… They’re totally fake & the people behind them have set them up to even fake your profits so that you feel like it’s actually working.
Sadly though it’s not actually working, it’s just a trick to get you to deposit even more money into it… And if you think you’ll be able to get any of your money back then think again, because more often than not the brokers are in on it too.
They’ll make it next to impossible for you to get any of your money back, and that brings me onto…
Is The Bitcoin Method a Scam?
It certainly is, there’s absolutely no doubt in my mind about that. The Bitcoin Method is a typical binary options scam & it’s set out to do one thing & one thing only which is to part you of as much as your hard-earned cash as it possibly can.
The whole thing is just a ploy to trick you into depositing money with an unregulated binary options broker so that the person behind it can earn some commissions at your expense. Don’t fall for it.
The idea is to make it seem “risk-free”. They want to lull you into the false sense of security of thinking that you’ll be able to just withdraw your money if it doesn’t work as promised but what they fail to tell you is that the broker is in on it too.
Don’t get wrong, it is indeed possible to make good money online however no system or method is ever going to just make you lots of money entirely on autopilot without you having to do anything… That’s just a pipe dream.
If you do want to make good money online & are indeed prepared to put in the work that’s required to make it happen then there are plenty of legitimate places where you can get started.
One of the best methods I would personally recommend (which is actually the same way I make most of my own money online) is something called affiliate marketing. It basically involves you connecting people with the products/services they’re looking for online & getting paid commissions in return.
Whatever you decide to do though I just sincerely hope that this Bitcoin Method review gave you a good insight into how the system really works & I hope that it helped you to save your cash. If you happen to have any further questions or comments you’d like to add then don’t hesitate to leave them below. 🙂
A Better Alternative
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.
But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Wealthy Affiliate. In my own opinion, that's the best place to start.
At Wealthy Affiliate, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.
The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.
Some wealthy affiliates even earn as much as 5-figures per month... Or more!
I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.
So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Wealthy Affiliate first. You can learn more about it here.