BitcoinX-The Elon Musk Effect is a new trading robot that speculates on bitcoin by studying Elon Musk Bitcoin news and tweets.
Elon Musk is the world’s most influential man. His sentiments on cryptos have been observed to cause a lot of crypto volatility. For instance, he recently tweeted about BTC being an anagram of The Boring Company (TBC).
This tweet caused a lot of market volatility, with bitcoin gaining by 50% in a few hours. The Boring Company is one of the companies founded by Elon Musk.
BitcoinX-The Elon Musk Effect trading system detects Elon Musk breaking news and Tweets instantly. The system analyzes this news and sentiments and predicts how they will influence volatility. BitcoinX-The Elon Musk reportedly used AI to study and derive insights from big data.
As mentioned above, this data is mostly qualitative and includes news and celebrity sentiments. BitcoinX-The Elon Musk Effect is said to apply the AI subset of Natural Language Processing (NLP) to study and derive insights from this data.
The robot utilizes the subset of AI known as Machine Learning (ML) to adapt to the highly dynamic crypto markets. This enables it to deliver consistent returns for clients.
BitcoinX-The Elon Musk Effect applies advanced short-selling strategies to make money off plummeting crypto prices.
[toc]How does BitcoinX-The Elon Musk Effect work?
BitcoinX-The Elon Musk Effect speculates on the volatility through a derivative known as Contract for Difference (CFD). CFDs can be traded on any asset, including forex, stock, market indices, commodities, and crypto.
We won’t delve into the technical details since you don’t need any technical information to trade with this bot. BitcoinX-The Elon Musk Effect automates trading research and order execution to non-technical functions such as withdrawals.
Despite being launched a few months ago, BitcoinX-The Elon is reviewed over ten thousand times on Reddit and TrustPilot. Amazingly, at least 85% of the reviewers report making good money with this platform.
BitcoinX-The Elon Musk Effect trades volatility through CFDs. This approach to crypto trading is risky, but the risk is worth it, given the potential returns. A prudent investment plan should include diversification. High-risk investments such as BitcoinX-The Elon Musk Effect should never take more than 10% of your savings.
News trading with BitcoinX-The Elon Musk Effect
BitcoinX-The Elon Musk Effect derives some of its trading signals from Elon Musk crypto-related news. Elon Musk is the most influential person in the crypto circles.
Most experts agree that news related to him has the most impact on crypto prices. Positive news such as Elon Musk investing in bitcoin mostly pushes the prices up. This is because the millions of Elon Musk followers are likely to buy following the positive news.
Elon Musk is very vocal about crypto in 2021. Moreover, he has committed over $1.5 billion to bitcoin through SpaceX. This news alone has triggered a lot of volatility, with BTC gaining over 300% since January.
BitcoinX-The Elon Musk Effect users have reportedly made good profits out of this volatility. Some claim to be on the way to earning their first $1 million through this system. This is amazing, given that this trading bot has been in the market for less than a year.
Sentiment-Driven Trading with BitcoinX-The Elon Musk Effect
Celebrity sentiments influence this approach to trading. Elon Musk remains to be the most influential person in the crypto trading circles.
His social media posts are known to trigger a lot of volatility, given the millions of people that follow him. Elon Musk mostly posts his ideas on Twitter. BTC recently rose by over 20% after Musk changed his Twitter Bio to #Bitcoin.
BitcoinX-The Elon Musk Effect was able to accurately predict and place bets on the volatility. Elon Musk is not the only celebrity known to cause crypto volatility.
BitcoinX-The Elon Musk Effect also trades volatility from celebrities such as Richard Branson, Bill Gates, 50 Cents, and Mike Tyson, among many others.
Getting Started with BitcoinX-The Elon Musk Effect
Trading with BitcoinX-The Elon Musk Effect should be a walk in the park for most users. This is because most of the trading is automated.
Follow the steps elaborated below to start trading with this trading bot. Please keep in mind that crypto trading, especially on high leverage, involves risk. Only trade with an amount that you can afford to lose.
Register a free trading account
Sign up with BitcoinX-The Elon Musk Effect on their website. You should sign up with this trading system from anywhere in Europe, Australia, Asia, and North America.
BitcoinX-The Elon Musk Effect is also accessible from some parts of Africa and the Middle East. The signup process is safe and straightforward. Submit the required details through the registration form and secure your account through a password.
BitcoinX-The Elon Musk Effect supports a multi-factor authentication login process to ensure a fully secured account.
Deposit trading capital
BitcoinX-The Elon Musk Effect will assign you to one of its highly trustworthy robot brokers. You will be prompted to upload ID verification documents via the broker.
This is an important step aimed at preventing financial crime, mostly money laundering. It’s also a crucial safety measure for the client. The ID verification process is frictionless and self-explanatory.
Fund your BItcoinX-The Elon Musk Effect with $250 or more through bank transfer, Visa, or Mastercard. Some of the brokers may support other deposit methods, including Skrill, Neteller, and Bitcoin.
Start a Live Trading Session
Live trading is easy, especially after watching the provided tutorial video. Also available is a demo platform to help you master the platform without risking your capital.
Take at least 30 minutes of demo trading before starting a live session with this robot. BitcoinX-The Elon Musk Effect seems to generate maximum profits when left to run for up to 8 hours daily.
Let the robot run without interruption, preferably from 8:00 AM to 4:00 PM EDT. This is the time with the highest level of volatility due to the level of crypto derivatives traded on Wall Street.
BitcoinX-The Elon Musk Effect Verdict!
We have tested BitcoinX-The Elon Musk Effect thoroughly, and we are convinced that it’s legit. Moreover, it has adequate user safety measures in place.
These measures include 128-bit encryption and a well-defined data privacy policy. 128-bit encryption protects your data from hackers. BitcoinX-The Elon Musk Effect implements all the data safety measures in the EU General Data Protection Regulation (GDPR).
The GDPR is the world most comprehensive and highly reputable data privacy law. BitcoinX-The Elon Musk Effect has a standby cyber incident team to address potential loopholes.
Tens of thousands of clients review this trading robot, and they all report a great trading experience. There are several BitcoinX-The Elon Musk Effect Reddit threads, each with thousands of comments.
The bot is also reviewed heavily on TrustPilot, with over six thousand reviews and a rating of 4.5/5. Amazingly, at least 95% of the reviewers report a positive trading experience. Moreover, over 90% report that the bot is easy to use for the complete beginner.
We haven’t found any complaints about the safety of this trading platform. BitcoinX-The Elon Musk Effect could be insanely profitable, but this doesn’t mean that it doesn’t come with the risks present in crypto trading.
However, the risk is worth taking given the potential payouts. As a rule of thumb, avoid investing more than 10% of your savings in a high-risk trading tool.
FAQ
Is BitcoinX-The Elon Musk Effect safe?
BitcoinX-The Elon Musk Effect is legit and safe. We have analyzed a lot of feedback about it and discovered that most people find it highly profitable. It's also equipped with adequate security measures, including top-level encryption.
How much do I pay to use this robot?
BitcoinX-The Elon Musk Effect is a free trading system. You don’t need to pay any registration or account maintenance fee to trade with it.
How many hours do I need to trade daily?
Let BitcoinX-The Elon Musk Effect run for up to 8 hours without interruption. You are free to continue with other activities as the bot works for you. Remember that BitcoinX-The Elon Musk Effect automates all trading.
How do I download the BitcoinX-The Elon Musk Effect app?
Click the download link on the bottom left corner of the trading resources page to download the BitcoinX-The Elon Musk Effect app. You can only download this app after completing the signup process.
No! BitcoinX-The Elon Musk Effect perfectly fits the criteria of a safe and legit trading platform. The robot is equipped with the industry's best trading technologies to automatically conduct crypto speculation.
