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My Experience with Satoshibot.org: A Cautionary Tale

 I'm writing to share my concerning experience with Satoshibot.org, a cryptocurrency trading bot platform.

I'm writing to share my concerning experience with Satoshibot.org, a cryptocurrency trading bot platform.

Warning: My Experience with Satoshibot.org Suggests Potential Scam

On January 17th, 2024, I deposited $510 into their Bronze Plan, which according to their website, has a minimum investment of $500. 

Before investing, I contacted customer support to confirm the Bronze Plan was suitable for me. They assured me it was a good starting point.

However, after receiving my deposit, Satoshibot.org informed me that my investment wouldn't begin until I deposited an additional $1,000. This contradicted their advertised minimum for the Bronze Plan.

Despite repeated attempts to clarify why my investment wasn't starting and why they required more money despite their advertised minimum, 

I only received the same response: I needed to deposit another $1,000. As of today, February 25th, 2024, my investment hasn't started, and I haven't received my money back.

Sharing My Experience to Help Others

My reason for sharing this story is to warn others about a potential scam. Satoshibot.org's actions raise red flags, including:

  • Misrepresenting minimum investment requirements.
  • Pressuring users to deposit more money after an initial investment.
  • Lack of transparency and unresponsive customer support.

Protecting Yourself from Potential Scams

If you're considering using a cryptocurrency trading bot, here are some tips to protect yourself:

  • Thoroughly research the platform. Read reviews from independent sources and look for user experiences.
  • Be wary of promises of guaranteed returns. The cryptocurrency market is volatile, and no platform can guarantee profits.
  • Only invest what you can afford to lose. Cryptocurrency is a high-risk investment.
  • Never send additional money beyond the initial advertised minimum.

My Conclusion

Based on my experience, I urge caution with Satoshibot.org. Their actions suggest a potential scam. 

There are many reputable cryptocurrency trading bot platforms available. Do your research and choose one with a transparent track record and responsive customer support.


1. How can I tell if a trading bot is a scam?

Look for red flags such as promises of guaranteed profits, lack of transparency about how the bot operates, and unverifiable user testimonials.

2. Are all trading bots scams?

No, not all trading bots are scams. Some legitimate bots exist that can help automate trading processes.

3. What should I do if I suspect a trading bot is a scam?

Report the suspicious bot to relevant authorities or platforms, and refrain from using it further.

4. Can I get my money back if I fall victim to a trading bot scam?

It may be difficult to recover funds lost in a trading bot scam, so it's important to exercise caution and due diligence before investing.

5. Should I trust reviews and testimonials about a trading bot?

Be cautious of reviews and testimonials that seem overly positive or lack specific details about the bot's performance.

6. Is there a way to verify the legitimacy of a trading bot?

Research the company behind the bot, check for regulatory certifications, and seek feedback from experienced traders in the community.

7. What are common tactics used by trading bot scammers?

Scammers often use high-pressure sales tactics, fake endorsements from celebrities, and exaggerated claims of success to lure victims.

8. Can I protect myself from falling victim to a trading bot scam?

Stay informed about common scam tactics, conduct thorough research before using any trading bot, and trust your instincts if something seems too good to be true.

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