The Crypto Magnet investment robot is presented as a cryptocurrency trading system with assistance capabilities. There is a mention of a certain Jonathan Adams as the creator of the software and CEO of the company that maintains it. The first thing that seemed troublesome to me was the fact that there is no confirmation of that anywhere.
This was also the reason why I conducted an investigation into the software. Cryptocurrency trading has become increasingly popular, especially with the rapid increase in the value of Bitcoin. Many scams, as you can see from my reviews, have been released. The following review will cover the topic of the CryptoManget scam and why you should be cautious.
What to Expect of Crypto Magnet?
When on the website of the trading software, the first thing you will notice is the promise of profitability. We are told that it can generate $2,750. According to the scarce information, this is all thanks to the reversal patterns algorithm that is utilized by it.
There is no significant explanation how this actually works. The robot is said to open trades only when it has calculated a profitability to win of at least 94,2%. It has almost been implied that the system cannot lose trades. These claims cannot be verified in any way.
Review Verdict: Crypto Magnet Is Scam
In other words, the whole promotion of the software is based on random numbers. If you want to start trading online, cryptocurrencies or other financial derivatives, my recommendation would be to join a system that has a verified success rate, accuracy, and operational process. One such system would be the QProfit System for online investments. It is user-friendly, easy to use, and proven to work.
Why Is Crypto Magnet a Scam?
First of all, there stands the question about the real found or group of people behind it. The creator who has been mentioned in a few places cannot be verified as the real person that established the software. There is no information who has developed it either and no guarantee whatsoever that the assisted-trading cryptocurrency investment robot will work as promised.
To add to that, the platform is not secure and provides zero safety for its potential clients. It is claimed that it has been operational since 2014 but the fact is that the Crypto Magnet scam was established at the beginning of November 2017 – that is when the domain has been registered. Furthermore, we have the fake reviews and scam software itself. The provided testimonials that should attach some credibility to the system are all fake. Stock and stolen photos have been used to make them, just do a Google Image Search to confirm that for yourself.
The software is a simple assisted-trading scam we have seen to be used by other fraudulent providers of the assisted-trading service. This system has been integrated with a broker that is confirmed to be a scam. In the light of all this, I recommend that you do not even consider it as a way to begin making online investments.
Last but not least, the promotional campaign for the software, specifically the YouTube videos, have been forcibly removed and the account that has uploaded them – suspended. This is probably done because of the presence of misleading information.
The Crypto Magnet software for making cryptocurrency investments is a dangerous scam. It makes false claims and empty promises to attract clients. If you believe what you are promised by the scammers behind the software you are putting all of your investment funds at risk. Be very careful and do not let the claims fool you. Proceed with caution!
Review Verdict: Crypto Magnet Is Scam
Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.