Profit Revolution is a tool that many investors across the world are using to attempt to generate passive income online. You do not need any specific skills or knowledge to use this robot. InsideBitcoins has determined that the majority of people who use Profit Revolution have no background in crypto trading.
Profit Revolution is a trading bot that speculates on cryptocurrencies. The robot relies on a set of algorithms that make it possible to analyse the markets big data and make trading decisions automatically. The robot has a claimed accuracy level of about 92%, meaning that it allegedly makes money in at least 9/10 trades.
Profit Revolution operates in collaboration with several brokers. These brokers roles include handling deposits and overseeing all transactions. Legit robots must only partner with regulated brokers. A review of Profit Revolution brokers reveals that are all well-regulated. Furthermore, they have great reviews on leading broker review sites.
Like most trading robots, Profit Revolution adopts the trading strategies applied in high-frequency trading. These include buying and selling cryptos at extremely high risk and using enormous leverage. The high speed is supposedly aimed at ensuring that the bot capitalizes on every trading opportunity that comes by. Moreover, high leverage enables traders to place trades that are bigger than their capital.
A leverage of 1:1000 means that a trader with a deposit of $250 can place trades of up to $240k. Consequently, leverage can make significant returns or losses in the event of a miscalculated trade. The high risk that comes with high leverage is one of the reasons as to why it is prudent to always trade with what you can afford to lose. Profit Revolution minimises risks by providing risk management features.
You do not need to worry about these features since they are set at the right level by default. Profit Revolution does not encourage traders to risk more than 10% of their capital per trade. Traders who are willing to take higher risk are at liberty to change the risk settings to fit their needs. High risk means high profit according to the bot, but it can also lead to enormous losses. You risk blowing your trading account if you commit more than 10 percent of your capital per trade.