British Bitcoin Profit Review

The British Bitcoin Profit System - What is it? 

Let's have a look at their site:

Now the most important thing to bear in mind about cryptocurrency is that it is essentially a commodity. It can be bought and sold and it is, very much like currency used to be before 1914, reliable. They may mine another 2% of the market value in a year, so their will be some inflation, but it is a very reliable commodity because of the cost of the computing power and electricity required to maintain and derive it.

So there is not way to make a great fortune from Bitcoin any more, you have missed the boat. There may be opportunity with other cryptocurrencies like XRP or ETH but it is a gamble to say the least.

As the price of Bitcoin increases in these uncertain times, this website is using the press to entice people to send in their details and join a broker house to trade. This is a very bad idea. Trading houses are places where the inexperienced can lose a lot of money very fast and if they are not regulated in your territory then you have no way of recovering the funds.

So, with that in mind, let's have a look at the site and what it claims:

The British Bitcoin Profit is a group reserved exclusively to people who jumped on the insane returns that Bitcoin offers and have quietly amassed a fortune in doing so.

This sentence is at the beginning of every site that this group produce and if you actually read it properly, it means that you have missed the boat. If you jumped on Bitcoin at $100 USD then you have made 500x the money and so you are rich, that has nothing to do with the current situation. It would have to jump to $25M per coin to do that again.

The sites goes on with some 'testimonies' that are rather ridiculous but has not yet explained what the site is or what the product it is offering does.

Now the site proposes that the software they have invented makes a 99.4% accurate prediction of the market. This is a ridiculous idea. The market is dependent on what happens in the market, so as soon as you introduce an algorithm that lots of people are using, the market changes. There can be no constant percentage of accuracy that a software maintains. This is a huge red flag.

Now they claim that their advanced software is ahead of the markets by 0.01 seconds. This isn't just ridiculous, it is actually moronic. They are now claiming that this ridiculous software can see into the future, presumably using quantum computing technology, and predict the market because it has already seen the outcome. This is another huge red flag because it is pure science fiction. If you had invented a machine that could predict the future then you would already be in charge of the universe, so why sell it?

They also claim to have won 'a number of awards' and I can tell you now that this number is zero.

Various other claims are made such as you making 1100 EUR per day, which seems odd for a product called British Bitcoin Profit. They also tell you how much other people are making, which would actually be illegal if it were true. More Red Flags!

We can see their partners OnlinInvestmentsGuide.com are using a special URL for a landing page for Bitcoin Profit searches and taking a piece of the action too:

It goes without saying that every option on this landing page they are showing you is a scam, all operated by the same gang, who probably run OnlinInvestmentsGuide.com too.

SUPER, MEGA, ULTRA RED FLAG!!! Anyone this site recommends on a landing page is a scam!

They also have another version with another URL in case that site is shut down - this is a sure sign of a scam!!!

This website, although similar in layout, does appear to have a different text.

They tell us we can become an amazing trader by using their app. There is an app on the Google Play store, but it appears to just get your phone number so that the scammers can phone you.

As we go through this version of the website, once again, there is a lot about the history of Bitcoin, obviously trying to build trust with the reader. 

Finally we reach a section called How Does Bitcoin Trading Work? which is what we need to know. It goes on:

This type of trading works a bit differently from the other ones, but it has a similar principle. You get into a trading platform, choose the asset (Bitcoin, in this case), and look for a buying opportunity when its value is low. After you buy the asset, your next task is to look for a selling opportunity when its value is high.

 

Well, that sounds exactly like any other trading to us, but it does say You get into a trading platform which presumably means that we can use any MT5 broker? So what do they do? They also say:

One of the main issues with trading is that most people don’t check out these four requirements when they’re trading, which can cause missing trading opportunities, time loss, stress, or anxiety. However, the most important thing that traders should always be aware of is time.

Without time organization, you’re not going to be able to create an efficient trading strategy that adapts to your needs, which in consequence can cause you to lose trading opportunities. Now you may be asking: “How do I organize my time while trading?”

First, you need to do some research on market behavior and tendencies. This information can help you identify the best trading strategies much faster since you have an idea of where Bitcoin’s value can go from where it is today. Additionally, you need to create your trading strategies accordingly; diving into a trading platform without knowing what you’re doing can be a huge mistake since it can cause you to lose many trading opportunities.

This is actually sensible advice, so let's try signing up with this app:

Oh dear, so this page does not give us access to an app at all - it only wants to get a phone number just like the fake Google Play App here: 

https://play.google.com/store/apps/details?id=com.bta.britishbitcoinprofitsapp&hl=en_GB&gl=US

With reviews like this:

There is no point going any further, it is time for a verdict.

VERDICT: BITISH BITCOIN PROFIT IS A: SCAM

 Never give them any details and definitely never give them any money!

Avoid these URLs:

https://bitcoinprofit.invest-club-en.com/new2/

https://bitcoin-profit.org/

 https://british-bitcoinprofit.com/

https://profit-british.certifiedcryptcoin.com/

 The page on the Financial Conduct Authority for this website is here: British Bitcoin Profits / Marketing4You.Tech | FCA

STAY SAFE!!!

COVID is not the only danger in these times!!!