Welcome to my review of DeepTradeBot.
DeepTradeBot claim to be from a crypto trading platform from London England. The way it works is that you pay a rental fee plus an amount of bitcoin which the company uses to trade with. They claim to have several profitable trading bots which always make outstanding profits. The investor will receive a portion of the profits. Once the rental term expires, the investor may wish to rent another bot for the specified period.
One Slight Catch
The bots do not exist and the “company” is just a couple of guys from Russia running a ponzi scam. I will explain why I know this below.
Can You Still Make Money With DeepTradeBot
You have probably noticed some people make a lot of crypto by promoting ponzis like this. If you pay careful attention you will have noticed that some of these schemes last up to a year and some only last 3 months. The big money is made with the longer lasting crypto ponzis. Ideally you want it to last at least a year, so you can build a down line
Russian Ponzis Tend To Collapse after 3 months or 6 Months at most
So probably not a good program to be involved with.
Let’s get into the review of DeepTrade Bot.
DeepTradeBot Review Summary
Key Figures : Anon
Product Type : Crypto Ponzi MLM
Summary : Fake arbitrage trading is said to generate profits of 0.5% to 1.1% per weekday. The minimum package is $15, however you can invest more. DeepTradeBot also have a simple 3 level comp plan to entice recruiters.
Verdict: This Russian ponzi will probably only last 3 to 6 months.
What Is DeepTradeBot
Is not really based in the UK, they are actually in Russia. They have no trading bots either. It is all just a ponzi scheme. Hopefully you know what a ponzi is by now.
They have investment packages which are said to be “rentals” of their trading bots. You pay a fee plus an amount of BTC for trading. The returns depend on the package.
1st level – 3%
2nd level – 1.5%
3rd level – 1%
What I Like About DeepTradeBot
Ponzis are extremely lucrative to promote, I mean who does want to earn over 300% per year on their funds. Nothing that is real can come even close. Then when you factor in the comp plan, you can see why ponzi MLMs will keep popping up.
If you do want to get into ponzis (which I do NOT recommend) then you need to do 2 things.
1) Get in early – Yes, DeepTradeBot is very young.
2) Pick one that lasts a year – This can allow you to build a profitable downline. Unfortunately there is a 0% chance of DeeptradeBot lasting a year. I will be amazed if it lasts 6 months.
What I Dislike About DeepTradeBot.
Russian ponzis seem to always collapse before even making it to 6 months. These guys are staying anonymous so I doubt there will be any events planned etc. They have no intention of lasting the distance.
The Real Deal
This is a waste of time, even for committed ponzi punters.
This gets an F grade.