Wednesday, 9 November 2016

Bitinvest – Scam or Legitimate

Is bit Invest-A HYIP that pays or a big scam? This question just keeps facing me almost everywhere I turn online and offline!

Today, there are a lot of people that are looking for a good place to invest their money without the risk of it being a huge scam. I have been writing reviews about online investment sites on demand and this is no different. This one was prompted by my boss though!
So, here I am after my little research showing you what you need to know about this bitinvest.
Image result for images of bitinvest 

First of all,its name is Bit Invest, Website- www.bitinvest.com, Business model- HYIP, Business License- No, membership cost: Free to Join/ Deposit required to upgrade your membership

Few questions I found answers to include:

What is a HYIP? HYIP is an acronym for High Yield Investment Program. And that fits Bit Invest to a tee. They claim to pay some outrageously high interest on investments. The more you invest the more you allegedly earn. Some of the rates are so high that you can almost tell that something isn’t right.

Next, what is Bit Invest? Bit Invest is company that supposedly invests your money into binary or forex trading and you make some huge profits. The first thing I noticed about the website is that it does not have a security certificate. And that was the first red flag that popped up. You can tell if a website has a security certificate by looking at the top of your browser, if it has https before the url then it dose have a certificate. And any reputable investment site will have this certificate.

Then, what e-currencies does Bit Invest accept? Bit Invest uses a variety of payment processors for credit.debit cards and bank transfers, these include Perfect Money, Egopay, Payeer, Payeer, and Bitcoin.  

Also, what is the minimum and maximum deposit for Bit Invest? You can invest with Bit Invest for as little as $5 and the maximum deposit is $9000. This really sounds great when you see how affordable it can be to invest with these guys. On the surface this really looks like a great deal almost too good to be true!!! But wait for it because things are not what they seem.

When can I request a withdrawal from Bit Invest? You can request a withdrawal from Bit Invest 20 days after you have signed up with a standard or beginner account;10 days after with an advanced account, 5 days after with a professional account.

How is the interest calculated with Bit Invest? This is the part that is really unbelievable, I couldn’t believe my eyes when I saw the interest rates that this company says it pays. I will let the image below speak for itself.

Then comes the ultimate question:

Can I trust Bit Invest?

I have checked with various scam review sites and HYIP monitors and almost all of them give Bit Invest a very poor trust rating. This I am sure is because of their poor track record on paying their clients. I have come to find out that if you do not keep your promise to your clients that most sites tend not to do very well and eventually close up shop.
Bit Invest in my opinion is one of the biggest scams on the internet this 21st century. I would not send anyone there to invest money or even waste their time looking at this website. This is because there is no record of anyone that has been successfully paid by them. They just deceive people with the growing money on their dashboard but can’t pay those who have reached and even passed the payment threshold!
Please, stay away from them and look for better ones that actually pays.
Image result for images of bitinvest

What do you think?
Previous Post
Next Post

About Me

Model, Computer Techie, PR, Social Media Marketer, App Developer, Freelancer, Blogger! . . . Oh, I forgot to add Social Worker! Plus, I like writing my thoughts down! . . AND . . I LOVE making new FRIENDS! . . . Contact me on social media -- Rosy Omeje

0 comments:

Why not share your thoughts about this post here......

Want to be a member of this blog?