SCAM bitcoinvest.co.in Reviews: SCAM or LEGIT?

daoudsarrawy

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Hello guys,
I just want to know if this site :
bitcoinvest.co.in
Is legit and I can trust to invest my bitcoins
Has any one tried it? Payment proof?
I did some research and I saw people said its legit, but their plans seem a little "fake" to me.
Plus, can anyone tell me any legit crypto investing sites?
"assuming there are any"
Thank you
IMG_20190516_154317.png
 
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KIKI443

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Hi

DO NOT, I REPEAT DO NOT INVEST ANYTHING THERE, I learned that leason the hard way.
They may seem legit, the comments are quite promising, but in fact most of them are written by the people behind this platform.
How do I know?, well I was an 'investor' or should I say a naive fool, and they kept their promises they indeed pay me, for a while (3 months actually), than suddentlly when they started their anniversary promo plans, they didn't pay me back, I tried contacting them multiple times, without success, while I was getting payed I wrote good reviews (there was a lottery chence too), they posted them, but after several unsuccessfull attempts, I decided to write a critical comment, you guess they didn't post it, I was smarter than that though, once my coins doubled, I send half of them to a secure wallet thus ensuring the real money invested, that way I lost nothing but time.

A month latter I still followed what other people are saying there, and so suddentlly I notice my nickname which was quite unique, so it couldn't be just accidentlly reused (well it could, but is highlly unlikelly), apperentlly I made 5 btcs in four months (do the math even if I did get paid for each investment, and reinvested again, I couldn't be able to reach 5 btcs in four months - considering the minimum investment I take at the beggining), and there was a btc adress for lottery - guess what I have won 0.1 btcs - that just confirmed everything.

Conclusion: They are a SCAM, they will pay you for a while so that they gain your trust, hopefully you will bring in more 'real' money, either yourself, or by recomending and refering someone else. (I doubt they pay refferals either), than once enough money is accumulated and you reinvest, they will just take it, and won't pay back, they will ignore your contact forms, and they will allow only possitive reviews. After a while they will also steal your nickname, continue posting under that name, and deposit lottery rewards to themselfs on your account, thus creating a false image of a legit investment platform.

I am not the only one with such experience with BitcoInvest, do your research there are other people too.
'They plans seem a little fake' - you say - because they are, think about it, what company can generate such profit in that short time? - unless they steal from other people, or there is something else (most likelly illegal) going on there.

Yes there are actuall legit sites that will pay you bitcoins for aome activity on your end (watching ads, completing surveys, etc., or donating your computing power for mining altcoins), but those aren't worth the time and trouble you will go through, you will earn perhaps 0.2 USD a day, but stay away from 'investment' sites, 99% of them are a scam, as for this 1%, well, I haven't yet found any.

Always follow the simple rule: "If the promises sound too good to be true, they probably aren't", if you wan't to earn money, I suggest you turn your attention to trading, but I am warning you, cryptos are highlly volitille, one day you will get +50% on your investmrnt, the other day you loose 70%.

Also watch out for scammers, there are people that will do anything they can to steal your money, never share your private adress or any other data except for public adress.

Good luck and happy trading!
Regards
 

daoudsarrawy

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Hi

DO NOT, I REPEAT DO NOT INVEST ANYTHING THERE, I learned that leason the hard way.
They may seem legit, the comments are quite promising, but in fact most of them are written by the people behind this platform.
How do I know?, well I was an 'investor' or should I say a naive fool, and they kept their promises they indeed pay me, for a while (3 months actually), than suddentlly when they started their anniversary promo plans, they didn't pay me back, I tried contacting them multiple times, without success, while I was getting payed I wrote good reviews (there was a lottery chence too), they posted them, but after several unsuccessfull attempts, I decided to write a critical comment, you guess they didn't post it, I was smarter than that though, once my coins doubled, I send half of them to a secure wallet thus ensuring the real money invested, that way I lost nothing but time.

A month latter I still followed what other people are saying there, and so suddentlly I notice my nickname which was quite unique, so it couldn't be just accidentlly reused (well it could, but is highlly unlikelly), apperentlly I made 5 btcs in four months (do the math even if I did get paid for each investment, and reinvested again, I couldn't be able to reach 5 btcs in four months - considering the minimum investment I take at the beggining), and there was a btc adress for lottery - guess what I have won 0.1 btcs - that just confirmed everything.

Conclusion: They are a SCAM, they will pay you for a while so that they gain your trust, hopefully you will bring in more 'real' money, either yourself, or by recomending and refering someone else. (I doubt they pay refferals either), than once enough money is accumulated and you reinvest, they will just take it, and won't pay back, they will ignore your contact forms, and they will allow only possitive reviews. After a while they will also steal your nickname, continue posting under that name, and deposit lottery rewards to themselfs on your account, thus creating a false image of a legit investment platform.

I am not the only one with such experience with BitcoInvest, do your research there are other people too.
'They plans seem a little fake' - you say - because they are, think about it, what company can generate such profit in that short time? - unless they steal from other people, or there is something else (most likelly illegal) going on there.

Yes there are actuall legit sites that will pay you bitcoins for aome activity on your end (watching ads, completing surveys, etc., or donating your computing power for mining altcoins), but those aren't worth the time and trouble you will go through, you will earn perhaps 0.2 USD a day, but stay away from 'investment' sites, 99% of them are a scam, as for this 1%, well, I haven't yet found any.

Always follow the simple rule: "If the promises sound too good to be true, they probably aren't", if you wan't to earn money, I suggest you turn your attention to trading, but I am warning you, cryptos are highlly volitille, one day you will get +50% on your investmrnt, the other day you loose 70%.

Also watch out for scammers, there are people that will do anything they can to steal your money, never share your private adress or any other data except for public adress.

Good luck and happy trading!
Regards
Yes brother indeed, they have a lot of positive reviews in their comment section to make people fell in their trap, I tried to reply to a comment and ask for a payment proof but my reply has been deleted by them.
Anyways thank you for your reply and experience guess we have a lot to learn here.
Plus i have some cash in my PM account and I really don't know what to do with them, I mean is trading a good choice? Shall i wait till bitcoin price falls a little bit to buy and then wait till the price gets high to sell?
And what do you think about mining?
Thank you
 
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KIKI443

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Plus i have some cash in my PM account and I really don't know what to do with them, I mean is trading a good choice? Shall i wait till bitcoin price falls a little bit to buy and then wait till the price gets high to sell?
Like I said Crytocurrencies are highly volitille, I do trading myself, and I haven't made much of a profit during last 12 months, infact I lost 50 % of money invested in buying, now things are stable since bitcoin is back up again, but what will happen in a week or a month, or even a year, none can tell, for all we know bitcoin my collapse all the way to 0 tomorrow, but than again it may rise up to a level it wasn't ever before.
I won't tell you what to do with your money, only you can bring that decision, if you trust and hope that bitcoin will one day rise up by 200-300 %, than by all means go ahead, but as stated before the risk of loosing money is equal to the probabillity of earning money, and if you do earn something, there is likelly sort of tax rate you need to pay to your guverment, wether or not is this worthwille to you, decide for yourself.

And what do you think about mining?
It depands what cryptocurrency you want to mine, and how big your buget is.
What I meant by buget is that you need a special computer configuration in order to be able to mine (multi-GPU configuration).
These are quite expensive to build, also once you build them, there is a certain running cost (power bills, enviromental cooling, space, etc., also there is a mantanance factor should any of your hardware fail, and that is likelly because your GPUs will be under constant 100 % load - something they were not designed to do.), These are for mining altcoins, if you want to mine bitcoin than you need a special ASIC machine (also expensive, and hard to find), since mining difficulty is too high for any computer to handle.

Latelly mining isn't really profitable, mining difficulty is quite high, prices have fallen quite a bit, also electricity bills are getting more and more expensive, thus mining is less profitable by the day.

Do your math:
Can you afford an ASIC machine/multi GPU mining configuration?
If so, calculate how much power will this configuration consume.
You need to maintain enviroment temperatore as cold as possible (while mining your configuration will produce a lot of heat), so you will need some air conditioning, how much power will they consume?
In an event of hardware faillure, can you afford the expenses?
Now calculate the profit using some sort of online mining calculators like this one: https://www.cryptocompare.com/mining/calculator/btc?HashingPower=4730&HashingUnit=GH/s&PowerConsumption=1293&CostPerkWh=0.12&MiningPoolFee=1
or this one: https://www.nicehash.com/profitability-calculator
Now see for yourself whether or not is mining worth the truble.

One more thing: little warning about cloud minning services: Those are also a frequent way of scaming people, your best is to stay away from them as well.

Once again I will repeat a sentence from earlier in this post:
It is your money, do with it as you see fit, I will not tell you to spend it or to save it, the only thing I can, and I did tell you is some advice, don't rush things and do your research.

Best of luck, you will need it.

Best Regards
 

karthik999

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They dont pay you , they are scam , so stay away from these sites.They just show off that they are paying . But in reality its not , they are fooling people , They just want peoples money and wasted their time and money , such sites are called as high yield investment sites that promise to return big amounts but never ever pay , so my suggestion to you is please sat away from all such similar sites , they never pay to you. I hope you understand , thanks for reading my message.
 

denver26

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Thanks for the information :) i am new here can anyone suggest me uf there's actually a legit paying bitcoin mining sites that i dont need to invest
 

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