Last Updated: 4 December 2022
No experience with cryptocurrencies but still interested in maximising your wallet? With Bitcoin Union, this hope could become a reality.
The crypto robot is there to help those who want to learn about the market, profit from its fluctuations and turn signals into real money. A little luck is undoubtedly required – but the chances of quick success have rarely been better.
While experienced investors have long since convinced themselves of the advantages of the software, beginners are left with unanswered questions. Consequently, it is time to get them out of the way and shed some light on the subject.
We have looked at all the relevant answers regarding a demo account and potential risks.
Does Bitcoin Union offer a demo account?
Although the software does all the work and can initiate trades on its own, newcomers feel safer for understandable reasons if they can at least learn the basics of modern trading.
After all, this way it is possible for them to understand the app and, along with it, the possible returns. The question of whether Bitcoin Union offers a demo account is therefore important.
The answer is quickly given: Yes! New customers are free to make their own trades at any time and try them out under realistic conditions. The only disadvantage is that, of course, no real money can be won.
After all, trading is done exclusively with fictitious credit. By the way: Even experts fall back on the demo account again and again to revise their own strategies.
When is the demo account activated?
In order to activate the demo mode, it is first necessary to register with Bitcoin Union. To do this, it is necessary to pay the minimum stake and create a user account.
The minimum risk is deliberately set at just 250 dollars, so that every investor can dare to make a bet regardless of their wallet.
Don’t worry, by the way: it is not compulsory to trade with real money immediately. On the contrary, beginners have all the time in the world to get to grips with the trading basics and the programme.
Once they feel confident and have internalised the 1×1 of modern trading, they can initiate their own trades or rely on the expertise of the robot. Both can be easily tested with the demo account.
How high is the risk?
Of course, it would be nice if they were set for life after signing up and using the demo account. And there’s no question about it: since the service promises a return on investment at least nine times out of ten, you may be as close to unlimited wealth as you’ve ever been.
But don’t forget that trading is always speculative at its core. You can win a lot of money and swim on a wave of success, but you can lose your investments just as quickly.
Therefore, never trade with money that you absolutely need for your daily expenses. Instead, set a hobby budget that you never exceed.
This way you will be all the more happy about every successful trade and only half as angry about a loss.