What is Cripto Robot?
The first thing to be aware of is that this product is spelled incorrectly, and that is not an accident. It is a product name designed to attract people who know nothing about crypto-currencies, how they work, or what they might mean. It is a lure for the novice trader 'get-rich-quick' victim.
Cripto Robot is supposedly a software platform that scans the cryptocurrency market for trading opportunities, and then automatically executes a trade on your behalf. These robots can decide when a setup will be profitable, how much to enter in a trade, and when to exit the trade. However, it’s important to note that there are many scam crypto robots out there so it’s important to do your research before investing in one.
If you do not understand trading, you need to research it, not trust some idiotic robot to do it for you. If an AI was trading on your behalf and lost all you money and got you into millions of dollars of debt, who would you blame? The AI is unpredictable by it's very nature, the developer cannot be held responsible. You would have accrued a lifetime of debt without trading a cent! The whole idea is preposterous and is designed to make sure that the authors of these sites know you know nothing about trading from the outset.
What does Cripto Robot do?
Well nothing really. It doesn't actually exist apart from the name used on these sites. It is not an app or a trading platform or a trading tool or device, or even a trading strategy. It is a confidence trick, designed to get your confidence high enough to do something that you will probably regret fro the rest of your life. To fill in the registration form with your contact details so that the boiler room scammers can get you on the phone whilst you are still under the Cripto Robot spell, and convince you to deposit a large sum so that you are on the magic carpet ride. You don't want to hear that it is a scam, because they already have your money. You have been ensnared by the boiler room scam! The Cripto Robot was just the confidence trick they used to get you onto the phone in the right state of mind.
What is a Trading Scam?
Well it is a collection of different elements to defraud you out of your money. It begins with the adverts on Facebook or Twitter or MSN and ends with you losing all of your money, but what happens in between? Well, these are the stages:
- You see an advert on one of the websites that the richest people on Earth (stock holders) own and that exploit the poorest people on Earth (employees) frequent. Here is an example:
How Can I Make Money with Cripto Robot?
Crypto robots like Cripto Robot can help you make money by scanning the cryptocurrency market for trading opportunities, and then automatically executing a trade on your behalf. These robots can decide when a setup will be profitable, how much to enter in a trade, and when to exit the trade¹. However, it's important to note that there are many scam crypto robots out there so it's important to do your research before investing in one.
There are many ways to make money with cryptocurrency including investing or trading in the crypto exchange market, using the coin you already own to stake and lend coins to the system or other users, directly running your own mining rig, investing in a passive cryptocurrency mining protocol that provides profits through its mining operations, and using crypto robots like Cripto Robot.
Source: Conversation with Bing, 01/05/2023
(1) 10 Best Ways to Make Money with Crypto in 2023 Guaranteed!. medium.com/@cryptocasflow/10-best-ways-to-make-money-with-crypto-in-2023-a422558c1213.
(2) 5 Quick Ways You Can Make Money With Crypto | Entrepreneur. entrepreneur.com/money-finance/5-quick-ways-you-can-make-money-with-crypto/436489.
(3) Best Bitcoin Robots in 2023 (With Positive Reviews) - InsideBitcoins.com. insidebitcoins.com/bitcoin-robot.
(4) Best Crypto Trading Bots 2023: Which is the Best ... - Money Check. moneycheck.com/crypto-trading-bots/.
(5) THIS is how you can make money with cryptocurrency  - Stilt Blog. stilt.com/blog/2021/06/how-to-make-money-with-cryptocurrency/.
(6) How to Make Money With Crypto - 10 Proven Methods for 2023. business2community.com/cryptocurrency/make-money-with-cryptocurrency.
(7) Best Bitcoin Robot 2023 - Top Legit Crypto Robots Revealed - Forex Crunch. www.forexcrunch.com/cryptocurrency/robots/.
(8) How People Actually Make Money From Cryptocurrencies | WIRED. wired.com/story/how-to-make-money-from-crypto/.
Many of the domains above are scam sites as they are run by Finixio and Click Out (who are the same scammer group) especially those that directly mention or reference Cripto Robot as fake reviews are the business of fake review affiliates like Finixio and Click Out Media.