Is passive inome bot a scam read our review to know the truth. Binary options trading have become one of the most preferred trading systems in the world today. Many traders from around the world have shown their interests and positive approach towards the trading system. The reason is quite simple, easy money. But what makes it so reliable is the software that works as a platform for the trader to connect with the trading market.
This software is nowadays imitated by many scammers around the world, to confuse the traders and take their hard earned money. The traders too, fall into their traps after getting confused and most importantly, convinced by the scammers via their traps in the form of trading software.
Nowadays, there has been a talk about a software named Passive Income Bot in the market. No one really knows what the software is, regarding whether it is a scam or a legit one. Well, your problem has just been solved. I am here to let you know everything that will clear your doubts regarding the software. So, make sure you go through this article at least for once, after all, it is for your own safety.
About the Owner
The owner of the software is Carl Razinski. Who is formerly a math and computers teacher, until the time he decided to make a change in his life and started with this software.
As he says, one day he was solving an equation, and he found out something that would totally change his entire life. He also adds that this algorithm that he found can predict the seasons changing, formal vacation days around the world and also the major events, which is totally ridiculous so to speak.
About the Software
The Passive Income is an automated software that has been made from scratch according to the owner’s ideas. And the good thing about the software is that it comes absolutely for free, as the owner says in the promo video of the software, on the official website. He also added that he had recruited the best developers from banking and investment industries. The main idea for the software came from ATM.
The owner, along with his team of developers had an idea of creating a personal ATM. Well, quite frankly the idea seems pretty fresh to me, but as far as the money coming out of it is concerned, I don’t really think it would work.
Moving on, the software has claimed to make $50,000 every single month, which I would say is not that hard to believe in. But trust me, no software can make that much of an amount in a single month, in binary options trading. Either he’s a fool or he’s probably trying to make the viewers.
The software is based on a built-in diversification strategy; that lets a trader using this software to cash out the winning trades from multiple sources. He also adds, his experienced developers that are behind the software have actually been able to minimize the “learning curve” to almost none.
The algorithm of the software is based on theoretical concepts of mechanical engineering, mathematics, economics, and finance. The owner also adds Layman’s terms as “everything in life is predictable. The algorithm that the software uses is said to have an additional layer or in simple terms “buffer” which minimizes the margin of error down to the minimum.
He also makes claims regarding his technology that it has been able to provide a lot of successful trading over the past few years for the traders with a win rate of 85%. But he didn’t really specify about what his algorithm really does. Despite the fact, he said many things about his software which are absolutely nothing at all in real.
Some more lies from the Owner
He says he’s giving away the software for free, for two main reasons. The first is that once his software gets used everywhere and gets patented, he can sell the licenses and make good money out of this. Secondly, the owner likes to do things that are beneficial for not only him but also to the society. What a joke it is! Speaking, he’s the one who’s harming others with his software, which claims many things which are very big for anybody but ultimately fails them all.
So, the way I see it, he’s just a liar trying to sell his product for the money and ultimately, his product will make him more money causing damage to others.
The testimonials that are displayed on the official website of the software is totally fake. There is no resemblance of the person shown in the picture with the software. The pictures are probably taken from somewhere else, which have been edited later on with the help of some editing applications.
The video testimonials too, are fake. The people shown in the video are all paid actors most probably, and they said only the good things about the software to attract some other visitors who come to the official website.
Help and Assistance
The owner does say that there is a team of experts who are always willing to help the traders with their problems for 24/7 but, despite the claim that they have made, there is absolutely no help that comes back from them.
The reason behind the inclusion of the said 24 hours help and support team is to assure the traders that this software actually works. They are only bluffing on being a legit software to gain the trust of the traders.
My verdict regarding the software is that the indications that I’ve found after my investigation regarding the Passive Income Bot software are that, it is undoubtedly a scam, as the owner of the software keeps on bragging about his software throughout the whole promo video.
He also delivers the whole speech in such a manner that it is hard to not trusting on his words. But if you think logically, you will know that whatever he speaks of is impressive and convincing to some extent, but is nothing at all. He mixes up too many things that seem to cause a lot of confusion and hence the person viewing the video gets confused.
So, please do think and ensure your safety before getting into any software of such kind.