This is a YouTube interview (Kosta Ouzas interviewing a user named Christopher) about Christopher’s ~3-month experience using Minotaur Trading Systems (joined in June). Christopher transitioned from running Forex bots to running Minotaur’s Bitcoin-focused bots and reports similar returns to Forex but with much lower perceived risk (never running more than ~2x leverage). He praises Minotaur’s risk-conscious design (no blown accounts reported), onboarding/support, and the emotion-reducing benefit of automated trading. He also notes US-specific exchange restrictions and that Bitcoin volatility creates profit opportunities while requiring less leverage than Forex.
Questions this video answers
June ("I think you joined in June this year.")
A little over three months ("a little over three months now that I've been using the Minotaur system").
Never running more than like a 2x leverage.
Chapters
Foreign. How you doing? I'm doing good. How you doing?
Very well, Very well. So we're here to have a bit of a chat about the experience that you had with Minotaur Trading Systems over the last, what is it, like, three, four months? I think you joined in June this year.
Yeah, a little over three months now that I've been using the Minotaur system.
Awesome. So tell us about your experience. You know, how you got started, how you found us, what you've been seeing in terms of support results, that kind of thing. Whatever you want to talk about.
So I was originally running bots in the, the Forex market, and then I was looking at diversify and run bots in the crypto market.
Yeah.
So, you know, as I started to do research, I, you know, stumbled upon Minotaur.
Yeah.
And, you know, and one of the biggest selling points, actually probably when I first booked a call with you guys, was the fact that at the time you've, I mean, as far as I know, so far you guys haven't had anyone that's really blown an account. It's a very, you know, like, if you follow within the boundaries of, like, you know, the system and you're not over leveraging, you know, it's a pretty safe bot to run. And you're not gonna be just, you know, blowing accounts, you know, basically because the bot just goes right or something like that. So that was like one of the big selling points. And it's been good. I mean, it's been a pretty consistent return. And the setup was, you know, the, the trading course was a little different than what I'm used to. Yeah, but it was good. And then the, you know, your, your reps that help you with making sure your bots set up correctly and stuff like that, they, they really do take charge and, and help you through the whole setup process. Cool.
It's good to hear. So I just want to come back to. Yeah. The Forex market versus, let's say, crypto. So one of the things about us is that we're not really trading crypto, are we? We really focus on Bitcoin. So, you know, what's your experience of trading specifically that currency with the strategy that we're using and compare that to sort of what you've been doing with Forex. And, you know how that is.
It's been good. I mean, you can watch, you know, I watch the trades and it seems to, you know, lean in when it needs to lean in.
Yeah.
And then it, you know, it takes out the emotional side it knows when to, to exit and when to get back in, you know. Yeah. Whereas, you know, if I was sitting there watching the market, it's always hairy to be like, oh, should I be holding this position, this long type thing.
Yeah.
You know, waiting for things to turn where, you know, I can go about my day and it does it for me. So it, like that's the big thing. It just takes all the emotions out, you know, you just got to trust it. So.
That's right. And you. Look, we, you mentioned this earlier to me before the call, but you've, you've actually blown an account with the Forex trading, is that right?
Yeah, and I'm not going to name any names in the group that I'm in with that, you know, they, I give, I got to give them a lot of credit because they could have just like, you know, after a lot of people blew accounts with them, they could have just, you know, said screw you guys and got out of business. But they are working with people in the group still and I still have a bot with them. But yeah, I mean it's, it's something that, it was one of those black swan events you didn't plan for. Yeah. And yeah, it took a lot of people out and it took a lot of people out of the market. Probably people are, you know, never going to come back. But you know, you, it's one of those, I've, I've stuck with the bot stuff because I see the benefits with it, you know, especially with all the technology coming out and yeah, like I said, Minotaur, they, they've set me up within the boundaries of what I feel comfortable, you know, safety wise and it's still been very profitable. Yeah.
Do you feel like bitcoin trading? Bitcoin specifically, the volatility that's, that's there in bitcoin allows you to generate pretty decent returns, if not as good or better than Forex bots, but with much less leverage, must, much less risk. Have you started to notice your results?
Yeah, yeah, yeah. My return now is about the same as Forex, but yeah, I don't feel nearly as exposed. Yeah, yeah, yeah. I mean I'm not, I'm not sweating. Yeah, yeah. I don't have to really feel like, I don't feel like I'm gonna blow account with, with the crypto, whereas the Forex, you know, there's so much leverage, it's so heavy on the Forex side. It's, it's scary, you know, whereas we just don't have that on The. On the Bitcoin side.
Yeah, that's right.
Never running more than like a 2x leverage. And even then you can kind of manage the settings. You don't have to worry about the account over blowing.
And the good thing, and the good thing is, is like if Bitcoin drops to some crazy price, it's always a good idea to buy more. You don't pay, you know, buy more and add that to your collateral and it saves the position without having to sort of double down into something that's collapsing.
Exactly. And you're holding on to the Bitcoin, unlike Forex, you're really holding onto a contract. So it's not really. You're not really holding on to any real currency there.
Yeah, correct. And look, another thing we always say is that when someone comes into our program, it's not about choosing what's better. Like, you can make money with Forex bots, you can make money with our bots. And sometimes it's good just to be diversified. Right. Because a Black Swan moment might happen in one market, might not happen in the other. And they're kind of hedging each other because I'm pretty sure when that Black Swan moment happened, I think I know the one you're talking about. We actually had a really nice rally and took profits. Trading Bitcoin was on the Forex side. It did wipe a lot of people out. So having that, I guess, you know, hedging those positions as well is pretty powerful too.
Yeah, yeah. I mean, the Forex market, yeah, there, it's not as volatile, so you need more leverage. So when you have a moment where something goes beyond 3 or 4% in one direction, that's when people start getting knocked out. You know, when you have. It runs 8% or 12% in one direction, that's. That's like a Black Swan event in that market, you know? Whereas, yeah, crypto could run 100% or we could run 50% in one direction. And that's just normal, you know, but that's where the profits are made. Yeah. Awesome.
Okay, great. Anything you'd like to say to people that are thinking about joining again? I'm based in Australia. You're in the U.S. is that correct? Most of our clients that are watching this video are probably from the us so how's that been for you? You're dealing with the support in the US Everything's pretty much set up to cater to you guys.
Yeah, I mean, you guys have walked me through the process to, to be able to use platforms that you know, are that allow me to trade. You know, it's, it's. There are US platforms that allow you to trade, but it's still like, for example, like getting on by bit, stuff like that. It's a little bit harder as a, as an American, but, you know, I'm on there. It's, you know, definitely doable. So, you know, and I trust by bits wallet, you know, so like, I don't feel like there's any risk and never being able to withdraw the money or like that, you know. So. Yeah, yeah, it, it's like a drawback to being an American.
So coinbase and cracking.
Yeah, they have all these restrictions on us, so.
Yeah, yeah. Who knows with the, the next five to 10 years, I think, I think some of those conditions that you guys have will probably change. But, but again, this is, you know, this is the future and I think the opportunities are there for people if they want to take them. Just like Minotaur, you know, we're open internationally to people that want to join the program.
So.
Anyways, good to talk with you, Christopher, today. Thank you very much. Good to hear that you're happy with the results and you're gonna, you know, continue running them into the potentially bull run that's starting to in the next few weeks.
Yeah, I hope so. Yeah. Knock on wood. Hopefully it comes. Yeah, but it's fine. You know, it's been sitting like kind of around that 60, 000 mark, but yeah, I think it's coming. So everybody, I think we're at 67.
67, 68 today. But no, I think 20, 25 is looking very good.
Yeah, definitely.
Awesome.
Well, I appreciate you taking the time to, to connect with me.
