I’ve been asked if I think Gunbot is a scam and can generate 1% returns per day – here are my initial comments.
I own Gunbot and I’m pretty happy with it. You have to understand how it works though – basically it buys altcoins that are significantly below their average price then waits until they’ve gone up about 2% then sells them. After fees you’ve made 1%. It does that pretty well.
However, there can be days when no altcoins do that so you get nothing. And now and again the altcoin will keep going down so you can be left with a ‘bag’ of an altcoin you didn’t want. In most cases for me, the price has gone back up and the profit has been made – but that 1% maybe took a month to achieve.
So it works, it does what it says on the tin, but it’s small and steady gains rather than a moneymaking machine. Having said that, if you have quite a lot of BTC then 1% is significant – my Gunbot paid for itself in about 2 weeks.
I run mine on a free Amazon VPS because it needs to run 24/7.
I love Cryptocurrency and am continually learning about it – but it can still surprise me. I have registered for a few airdrops but they usually only deliver small amounts of money.
However, about a week ago I signed up for the eBTC airdrop. Having received an email that said I had successfully registered I didn’t think too much more about it.
This weekend, though, having read about it being traded I realised that it had a significant value. It took a bit of doing but eventually I was able to sell it. First I registered it on MyEtherWallet, then imported that to the EtherDelta exchange. There I sold it for Ether, and transferred that to my Bitfinex trading acccount where I was able to sell it for Bitcoin.
Bottom line – it gained me about £250 worth of Bitcoin. Not a bad outcome for a simple airdrop!
After a few last minute hitches our work has paid off and the website is finally visible to the public! We hope you like it.
It will change significantly over the next few days – and in fact will continue to evolve over the next few weeks and months – as we improve and adapt it to match our vision of what the site can be. Our aim is to make it the best Bitcoin and cryptocurrency site online for British investors.
I have been trading in Bitcoin for some time but still find that in the UK most people are unaware of it, or at least know nothing about it beyond its name. In other countries, particularly the US, China and Japan, it is increasingly being accepted.
Why is the UK behind? In fact, not just the UK but Europe? I don’t know, but I’ve created this website to give information about Bitcoin to those interested in the UK.
Welcome to the launch of Bitcoin-Investors.co.uk! We’ve been busy behind the scenes for a while and are happy to finally be online. Our aim is to make this the primary place for all things Bitcoin and Cryptocurrency for UK investors.
We’ll be covering Bitcoin and Cryptocurrency news and views, plus reviews of trading and faucet sites, and looking at crypto lending and trading. We look forward to building up a community of like-minded individuals.
The leading Bitcoin and Cryptocurrency site for UK investors