Bitcoin Formula review – the truth about a horrible SCAM

In this review you will learn that Bitcoin Formula is not a program that can make you money. It is presented by Alex Walters.

What Bitcoin Formula is about

Bitcoin Formula reviewWalters says that he created an automated trading software that will trade cryptocurrencies very profitably. He promises that his software will make you $4,700 per day on autopilot.

This means that Bitcoin Formula will allegedly make you more than $100,000 per month. Is it real? No, because…

Bitcoin Formula is a scam

It is unfortunate, but Bitcoin Formula is just a scam that will do the opposite of what it promises, which means that it was designed to lose your own money.

Alex Walters is a scammer

Alex Walters scammerThe creator of Bitcoin Formula is in fact a fictitious person, scammers made him up to give you a story that you could believe.

But if you look at our picture on the right, you will see that they show you a stock photo, this guy has nothing to do with bitcoin trading.

Bitcoin formula reviews are not real

Bitcoin Formula testimonialsOn the website of the program you will find several reviews from people who allegedly are using this system to make money on a regular basis. But everything is fake.

The testimonials were fabricated with stock photos, see a proof on our picture. And people who speak positively about Bitcoin Formula in the video are paid actors.

How you lose

Trading softwareWalter claims that Bitcoin Formula is free, so how do they lose your money? It is very simple, the trading software is not free.

When you sign up, you will be told that you have to deposit at least $250 with a certain unregulated broker, in our case it was GMO Trading.

If you send them your money, that’s it, you will never see it again, as simple as that. Their software will trade your account to zero. If you realize that it is a scam before everything is lost, they won’t let you withdraw anything anyway.


The Bitcoin Formula is a scam program that is made to lose your money, stay away from it!

If you want to try to make money in crypto trading, start risk free on a demo account with a regulated broker.

On the demo you will se if you are able to trade profitably, then you can decide whether you will try it with real money.


BrokerRegulatedFree demoLink

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 76-81% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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