Some points to consider for anyone thinking of putting their money in this:
1. The monthly yield equals a yearly ROI of > 180% (the daily profit that was given later equals > 400% yearly ROI). These numbers are ridiculously large.
2. What would you do if you had the ability to do that kind of investing:
A) do massive amount of work dealing with small investors, and get 0.6% of the profit, or ...
B) invest your own or loaned money, getting all the profit for much less work?
3. There's no mention of risk, only a promise of at least 9% monthly yield.
4. Vaguely described arbitrage tools that somehow beat the market are a _classic_ Ponzi story (really, there are countless versions)
I admit it's possible that I'm just throwing away my chance to become fabulously rich here, but I think I'll still rather take my chances with the lottery.
1. The monthly yield equals a yearly ROI of > 180% (the daily profit that was given later equals > 400% yearly ROI). These numbers are ridiculously large.
2. What would you do if you had the ability to do that kind of investing:
A) do massive amount of work dealing with small investors, and get 0.6% of the profit, or ...
B) invest your own or loaned money, getting all the profit for much less work?
3. There's no mention of risk, only a promise of at least 9% monthly yield.
4. Vaguely described arbitrage tools that somehow beat the market are a _classic_ Ponzi story (really, there are countless versions)
I admit it's possible that I'm just throwing away my chance to become fabulously rich here, but I think I'll still rather take my chances with the lottery.
Thanks for pointing this out. I am testifying against someone in court for doing just this; they said they were using forex bots when in fact they spent it on a house and horses. It's destroyed families; no one expected it. He's expected to go to jail.
He simply built trust by taking and return deposits knowing that most people wouldn't cash in at the same time much like a bank. They appeared to have a track record of 2%/month and were paying out regularly.
Like this fund it was advertised that currency was traded via statisical arbitridge (bots) but actually this wasn't happening.
What suprised me personally is how someone can do this and fool closer people like family and friends. I know where he lives, where his family lives and i can break thier legs. Plus, when real bot stategies are available for purchase so easily these days why not just do it for real? I think the answer is that he got in too deep, something like that, snowballing. My guess is that he fooled even himself
Hi guys,
I am so sorry about your sad history.
But, I am not the man of your history.
Soon I will show the tools that I use for these groups!
Everyone will can use too.
Project Bitcoin Rain...soon.
L.