Botsfolio provides crypto robot trading services where your investment is managed like a hedge fund. According to the vendor, this system automatically builds a cryptocurrency portfolio based on the trader’s risk appetite. In this Botsfolio review, we shall analyze every aspect of the system to find out whether it can be trusted or not.
This company is based in Fishers, Indiana. We don’t know when it was founded, so we have no idea how many years of experience are possessed by the team at Botsfolio. The only contact information available on the website is the email address of the company.
On the official webpage, the presentation focuses on what the system offers and what the main features are. Some of the recent trades carried out through this platform have been shared in tabular format. We also have a slide showing customer reviews on Trustpilot. The website also has a blog section where you can find articles related to Bitcoin and other cryptocurrencies.
Botsfolio uses a combination of short-term and long-term trading schemes. As per vendor claims, the platform can provide returns regardless of whether the market is uptrending or downtrending. The vendor also claims that the platform is optimized for a high win ratio and it avoids placing trades too frequently because it can lead to heavy losses.
While signing up on the website, you need to answer a few questions related to allocating investments in different schemes. Next, you need to link Botsfolio to your crypto exchange and add an investment amount. Trades are placed automatically by the robots and you can use the dashboard to closely monitor your trading activities.
The Idea Behind Botsfolio
Cryptocurrency trading is something that many individuals are interested in, but they often don’t possess the required knowledge for the same. Botsfolio seems to be one of those platforms that attempts to make things easier for users, but they have not mentioned what their motto is. Reputable crypto trading platforms have a certain goal they work towards, and the absence of such a statement on the website is a bit disappointing.
The Core Team
On the official website, there is no information available on the Botsfolio team. We won’t know what kind of experience these people possess, so it becomes hard to trust this platform. After all, when it comes to crypto trading, you want your funds to be managed by expert personnel. Legitimate and reputable vendors always share the details of the team members because this assures the users that the platform is built and managed by individuals with expertise.
Safety of Botsfolio and the Network
The vendor has not shared any details about the security features of the platform, which is quite disappointing. Safety is a huge concern for crypto traders and it is quite justified given the fact that there are so many unscrupulous vendors peddling scam services on the market. Since we don’t know what kind of security features Botsfolio has, we cannot consider it a safe investment platform.
Botsfolio uses four cryptocurrency trading strategies, namely Value Investing, Hedged Trading, Futures Trading, and Fixed Income. While Fixed Income is a flexible monthly investment, the others are one-time investments. It is a low-risk strategy that can be a safe option for beginners.
The Futures Trading strategy carries a high risk and it is suitable for those who wish to make large profits within a short span of time. Medium-term and long-term investors can benefit from the Hedged Trading and Value Investment strategies.
There are several user reviews for Botsfolio on the Trustpilot website. This particular user complains about the discrepancies in the payment plans, stating that the company asks for advance payment, although it is not mentioned on the website. They have also stated that using this service cost them more than $60.
Is Botsfolio a Legit Investment Service?
Our VerdictOur Verdict
- Recent trading results shared
- Four different strategies with varying risk levels
- No information available on the team members
- Lack of security features
- Hidden charges