William Henry Gates, affectionately known as Bill Gates, is a American business magnate, software developer, investor and philanthropist. He is the founder of the world’s largest software business, Microsoft, along with Paul Allen. Bill Gates is classified as one of the richest men in the world.
In 2014, Bill Gates announced that he was stepping down as Microsoft’s chairman to focus on charitable work at his foundation, the Bill and Melinda Gates Foundation.
Recently, there have been various reports in the media, claiming that Bill Gates attributes a portion of his wealth to an investment that he made into the bitcoin trader technology. We decided to investigate these claims and find out whether they’re true or false.
What is Bitcoin Trader Technology?
Bitcoin Trader is a cryptocurrency trading software aimed at helping investors, make profits in the cryptocurrency market. It is reported that it was invented in 2017 by Gary Roberts and has been used by many traders to grow their passive income. The trading software functions with intelligent technology backed by Artificial Intelligence. This trading software is easy to use and navigate and is reportedly one of the best trading platforms used in the cryptocurrency market.
How Much Did Bill Gates Invest in Bitcoin Trader Technology?
Bill Gates estimated net worth has been reported to be $113.7B. Alongside his wife Melinda, Bill Gates chairs the Bill & Melinda Gates Foundation. It has been reported to be the world’s largest private charitable foundation. The Gates foundation has claimed that it would spend $300 million to fight the coronavirus pandemic, funding treatment, detection, and vaccines. There have been media reports claiming that Gates has sold or given away much of his stake in Microsoft. He owns approximately 1% of shares and has opted to invest in stocks and other assets. Bill Gates has a long list of investments, which he has been transparent about.
Contrary to media reports, we could not find any factual information linking Bill Gates to the Bitcoin Trader technology. However, the business mogul has expressed his views on cryptocurrency:
“As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment,” Gates said on CNBC’s “Squawk Box.”
What is the Aim of These Rumours Around Bill Gates?
Affiliate marketers often use celebrities to endorse or rather drive traffic to websites or products they have to sell. Celebrity endorsement would mean that the product or service would gain instant popularity, respect and credibility over-night. This does not mean that the products or services are a scam or unreliable. It is just a means to grow clientele, through fake endorsements.
How to Protect Yourself From These Scams
Always make sure you have read enough information on the product or service you are interested in buying. The internet is saturated with fake news and fake news sites using fake celebrity endorsements. Spending time doing your research on what you are interested in should safeguard you against this. It is important to look for testimonials from people who have used or bought the product or service you are interested in as well. Testimonials are real accounts of people and are regarded as highly credible.
It is equally important to make sure that you are receiving your daily news from trusted websites and sources. News outlets like BBC or CNBC are highly likely to provide you with credible news stories you can trust. There are thousands of other news outlets that are reputable and abide to strict standards of transparency and credibility.
Is Bitcoin Trader Legit or a Scam?
There are many questions regarding Bitcoin Trader and its legitimacy, especially the earning potential for investors interested in trading. It is reported that Bitcoin Trader is 100% legitimate and suitable for both new investors and experienced traders.
We have found the feedback from current and past users. Some users endorse the platform as trustworthy and profitable, while others have expressed some frustration using the software. It is, of course, expected that not all users will have a seamless experience. The cryptocurrency market is volatile and time-sensitive and the risk, although manageable, will always be there.
Here is a summary of our findings that support the claim that Bitcoin Trader is 100% legit
- Users could potentially enjoy profits as high as 88% by using the trading signals on the platform.
- The trading platform is easy to navigate and user-friendly. For traders who have done their research on automated trading software, the chance of receiving high returns is a huge possibility.
- New users require a minimum deposit of €250, this confirms the claims that the developers of Bitcoin Trader are interested in helping users make careful decisions considering the volatile nature of the cryptocurrency market.
- The App can be downloaded in a matter of seconds. After successful registration, users can literally trade from wherever they are.