I don't usually write reviews, but I couldn't find any on Einstein before I gave it a try, and hopefully this review will help others. Let me start by saying I'm a big fan of crypto trading bots and have had lots of success with them in past. I've been in the crypto game since 2016, I've accumulated about $350k in crypto, I have a masters in finance, and have also held series 7 and 63 brokers licenses in the past. The Einstein broker I worked with was great, but that was it
Hyperbole, egregious claims and outright lies was my experience with this company. I deposited about 25k of btc into a kucoin account that they were trading. A time when anyone should've been able to make money in crypto. The entire crypto market went from 2.27 trillion to 3 trillion during this period. Had I just held on to that bitcoin from 10/8/21 to 11/8/21, I would've been up about 15%. Instead after their AI literally placed hundreds of thousands of trades in my account, I ended my one month with them being down 8%. Their algorithm just purchases coins that are pumping, but they are in and out so fast and so often that it is impossible to even review all the trades. They consistently bought highs and sold lows, and they didn't even allow enough time for the coins to pump. Losing 8% in a month isn't bad at all in crypto, but my 3 other accounts where I did limited trading and hodl'ing were up a collective 22% in the same time period. Then, don't even think about questioning what they're doing with your money or you will get patronized. When I first signed up they put all my funds into the ETH3L (ETH 3X leveraged token). After seeing a quick 10% drop in the account value, I decided to reach out to them to ask questions about the strategy because I know these tokens are not meant to be held for long periods of time. Here's how that exchange went...
Hey Guys,
Would putting my entire account into a 3x leveraged long asset be how this software normally trades? What if I had 200k in the account? Would it do the same thing? I'm trying to figure out how much money I want to allocate to a service like this and I'm realizing that it is much higher risk than I anticipated. I just saw 10% of the account evaporate in minutes. Are there built in stop losses to protect customer's funds or could this thing potentially blow up my entire account?
Hi Andrew,
If you dont understand Crypto you will make uneducated decisions and ask questions like this. Its a game patience you are trying to day trade in your mind and dictate this market which is impossible on daily basis. Nothing evaporated you're not liquidated and it drawdowns. Please understand you cannot make money without drawdowns. We are not here to have anyone educate us on trading so please le our team and AI do their job. If you had 200K it would be traded according to volume of funds and you dont have 200K so that question is not warranted. This is a very complex market its best you dont look at your account daily as it will drive your emotions crazy. An average 25K account in last bull run went to 1.2 million. This is a marathon not a race and nothing evaporated.
Einstein AI Team
Isaac
Hi Issac,
I understand crypto just fine, I'm not a day trader, and I don't appreciate all your condescending remarks. Again, I'm trying to figure out how much money to allocate to something like this because this is currently only a small (cutting short here due to space limits on TP)
Andrew,
we are not trying to offend you however we manage 138 million in AUM so its up to you on allocation. We appreciate your business but words like "evaporate in minutes" is very concerning that you dont realize a 3L position on Kukoin holds the same amount of shares not matter the price and is impossible to liquidate. I am now digging into trading facts which is against our policies due to clients beginning to try and dictate their own accounts. ETH will go to 5K at minimum soon and we cant explain the reasoning why. We are extremely busy as we have so many people trying to sign up we have now created a wait list so please let us do our job and be patient with your account. Its impossible to give you our trading methods and risk management the team does that and its explained in the documents sent. You have to understand we have clients sign up daily that begin asking questions like this which is just impatience. You already have been sent documents explaining our trading and also spoken with Ben. We cannot do our job if clients are watching their account daily trying to dictate the trades which is what you are referencing when asking about the ETH Trade. I have to close this ticket its not for onboarding and no technical issue your account has no issues. If get a hundred plus emails every time the market moves we cant run our company so we have to be very up front with the facts of being patient. Have a good evening:)
Cheers,
Isaac
CR
Crypto R.
EinsteinAI.io software
I signed up and connected my Binance account 2 months ago. My account is now up 130% and I get to keep custody of my funds. Great Software and amazing support. Amy was prompt with support instructions on setup. So far the best AI that I have found in the cryptocurrency industry.
RA
Rakan
Phishing/Fraud
Phishing/Fraud
They might advertise cryptocurrency brokers jobs
Company name and address is fake and stolen from Salesforce.
