BTC / USD
17,167.38
1.47%
(+247.94)
ETH / USD
1,274.58
1.97%
(+24.64)
XRP / USD
0.39
0.44%
(-0)
LTC / USD
76.60
0.68%
(+0.52)
EOS / USD
1.05
6.58%
(+0.06)
BCH / USD
110.74
0.05%
(-0.05)
ADA / USD
0.31
0.32%
(0)
XLM / USD
0.09
0.73%
(0)
NEO / USD
7.10
1.74%
(+0.12)
XEM / USD
0.03
2.55%
(0)
DASH / USD
46.80
5.45%
(+2.42)
USDT / USD
1.00
0%
(0)
BNB / USD
289.36
0.66%
(+1.89)
QTUM / USD
2.16
1.55%
(+0.03)
XVG / USD
0.00
3.27%
(0)
ONT / USD
0.18
1.34%
(0)
ZEC / USD
45.74
3.77%
(+1.66)
STEEM / USD
0.18
3.34%
(+0.01)

Full Velocity- Scam Review

0

Full Velocity’s bot prompted 90%+ affiliate losses within the Terra/Luna catastrophe final month.   

When a tumultuous market got here round, Full Velocity bot accounts had been liquidated.   

James Ward’s new bot is right here.   

Full Velocity’s new bot wasn’t launched till late Could.   

Ward pitched Full Velocity’s new bot to associates and traders on June 3.   

Full Velocity’s first bot utilized a “hedge technique”; the brand new bot is a “non-hedge stop-loss bot,” says Ward.  “It performs properly. It defies actuality. This can be a nice worth in comparison with the inventory market, banks, and so forth.” 

Full Velocity decreased its 30% price to 25%.  Ward claims Full Velocity’s new bot “averaged 2.9% per week.”   

The bot reportedly generated 0.41 p.c of its complete throughout the Terra/Luna crash.   

On the day we liquidated, this bot did 0.41 p.c. Naturally, what stops this bot from being liquidated?   

Ward suggests utilizing much less steadiness and cease/loss.   

How a lot of the bot’s out there commerce steadiness is it consuming?  

As market volatility elevated, the preliminary Full Velocity Bot liquidated.   

Ward says this time, he is merely testing. Even within the worst state of affairs, we have made positive you are protected.”

This bot’s biggest utilization price all through testing was 7.3%. Stopping /loss was additionally applied to restrict investor losses in a market meltdown.   

If the market runs uncontrolled, we wish a nuclear button that claims, “No extra losses.”   

Full Velocity’s cease/loss is two-staged.   

If complete positions lower by 12%, buying and selling is halted.  

All buying and selling stops at 15% (presumably pending human interplay).   

This is determined by the crypto market. Losses may very well be increased than 15% if transactions plummet by greater than 15% in a single hit.   

Ward is bound that associates can all the time withdraw 90% of their buying and selling steadiness.   

Within the worst-case state of affairs examined to this point, I might have gotten 90% of my cash out. Primarily based on the historical past worth and motion of this bot and what it is carried out, I feel you may see round 95%, perhaps 96% to 97%, of getting that again.   

This raised the topic of profitability in Ward’s webinar Q&A.   

How can a 2.9 p.c common utilization price generate substantial earnings? Ward replied. “That is a terrific query, and I haven’t got a solution aside from the variety of trades taking place on this bot versus the opposite bot can be about 100 instances extra. The velocity at which this bot trades can be completely different.”   

I believed extra offers would make it tougher to juggle all the things, however with out Ward’s disclosure, that is not possible to show.   

Ward’s last pitch: “Assuming a You could possibly gather your earnings, commissions, and principal everytime you happy, figuring out that within the worst-case state of affairs, you would possibly get 90% again. It is one in every of our greatest promoting factors.”   

Realizing Full Velocity is working legally would supply me peace of thoughts.   

You’ve got seen how securities fraud affected Full Velocity’s first model.   

Alabama-based James Ward and Full Velocity are American.   

Full Velocity’s “2.9% every week” passive funding is a safety. This requires SEC registration and disclosure.   

James Ward and Full Velocity aren’t SEC-registered. No verifiable particulars relating to the brand new bot can be found.   

maker? How lengthy has the bot been used and beneath what circumstances?   

Saying “2.9 p.c every week on common” on YouTube is not sufficient. Unlawful.   

As an investor, that might reassure me. 

Even when we ignore legalities (which you should not), calling your new bot “phenomenal” lower than a month after your prior thriller bot melted down is not plausible.

Leave A Reply

Your email address will not be published.