- December 15, 2017
- Posted by: Michael
- Category: Untrusted brokers/systems
BestCoinInv is a new system that promises to multiply your Bitcoins. Can this system work or is it only a matter of time before it collapses? Read the review to find out!
What BestCoinInv promises
BestCoinInv offers 3 lifetime plans that should multiply your Bitcoins depending on your investment. For a min. of 0.001 BTC and a max. of 10 BTC your amount of Bitcoins should be multiplied by 7% each day. For a min. of 10.001 BTC to a max. 50 BTC your Bitcoins should be multiplied by 9% each day. And for a min. of 50.001 BTC to a max.300 BTC your Bitcoins should multiply by 12% each day. These numbers really sound incredible and I see why someone would be willing to invest in BestCoinInv. Let me run some quick numbers for you. If I were to invest 0.5 Bitcoins I would have in a week’s time around 0,675 Bitcoins. And if I was to stay with this system for a month, I would multiply my investment by 210% (7% each day*30). Not bad, for doing nothing, right? But let’s get back to the reality, you have to be at least a little bit sceptical that this cannot work.
How BestCoinInv claims to make money
BestCoinInv says that all the profit that the company is able to make is done by bitcoin mining, highly profitable cryptocurrency trading and online marketing. Furthermore, the company concept is right for people who do not only want to use Bitcoin only as a method of payment, but also as a reliable source of stable income. BestCoinInv guarantees to bring such clients a stable income accrued every calendar day.
How BestCoinInv really makes money
BestCoinInv is a Ponzi scheme that makes most of its money from newcomers. That means if new people come, the creator of the system has money to pay the old investors. Once these investors are paid out they think how BestCoinInv wonderfully works and they recommend it to their friends and colleagues. But not only that, they also go and use more of their money to buy more Bitcoins so that they could invest it in BestCoinInv system. Thanks to this, this system has new investors and new money that it can again use to pay out the old members. But as you can figure out, such scheme can only work for so much time. Once people realise that BestCoinInv is just a scam there will be no more investors. And when the money does not flood anymore the system collapses and its developers run away with money of despaired investors who trusted that there really is a system that can make them 7 to 12% profit each and every day,
Is BestCoinInv a scam?
Yes, BestCoinInv is a scam that you should stay away from. There are several red flags that can not be overlooked. Starting with the incredible results that the system promises and ending with having no license to offer their services on any financial market. Any trustworthy website also has a name of its creator anywhere on the web, but that does seem to be the case for BestCoinInv. Not their Facebook nor their Twitter work so you can not check the experience of other investors. I tried to search for an experience of real investors that tried this system, but I was able to find only a few people that promote it in exchange for a monetary compensation. Having said that, luckily most webmasters have the same opinion as me and they warn their readers about BestCoinInv. Remember, that cryptocurrency investing can be profitable, but no one will promise you certain income, if they do, they are usually lying. If you want to discover what it takes to make money by trading cryptocurrencies. Check out our crypto guide for beginners and other articles about cryptocurrencies on our web.
Average rating of BestCoinInv