Is Yobit.net Investment Good or Scam?

[|Admiral|]

Link of Page: https://yobit.net/en/investbox/

They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month??

Is it true?? Or a Scam??

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[Kray]

At first, i'm not related with yobit and not in to endorse yobit, but let the picture talk



I invest 62 LTC with 0.2% interest rate, and until now i got around 69 LTC but now yobit reduce their LTC interest rate

I invest 4.3 BTC in yobit and got 0.2% daily interest.

When i closed investment, i got all of my coin and and also with interest. So far it still interesting and safe

[Iranus]

Well, let me put it this way.

0.2% per day is 73% in a year before compounding.  No traditional investment will promise to give you a specific amount ever unless they are a scam.  In cryptocurrency where the market is volatile, they are certainly a scam.

Now consider compounding.  Your 5 BTC will not be worth 73% more than you put in after a year because it will compound each day.  This means that in a year you will have 10.35 BTC, in two years you will have 21.46 BTC, and so on.  If you were to leave your BTC in there for 20 years (figure out how to calculate compound interest), you would have 10,776,294 BTC, more than half of the amount that could EVER be created.

Does that sound like a safe investment to you?  All the information that they give about it is that all that money comes from a "special fund".

When i closed investment, i got all of my coin and and also with interest. So far it still interesting and safe

It might pay you.  It might pay you for quite a while.  But sooner or later, it will steal everyone's money.

[TheGodFather]

Link of Page: https://yobit.net/en/investbox/

They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month??

Is it true?? Or a Scam??

I  think it is good enough . Because i have been making transactions on that. Just believe that nothin will happen. We need to use our instinct sometimes because it might help us when it is time. Just invest the money that you may afford to lose, dont invest all your moneys. Just save when you have your profit already.

[tleilaxu_eyes]

I wouldn't trust my BTC on a smaller exchange over the course of years. Too much can change in that amount of time. They do have a lot of coins listed though, which is nice.

[The Sceptical Chymist]

I've used Yobit for a couple of years now,  and I've never had any problems--but I wouldn't trust this, because it totally smacks of ponzi scheme.   Anyone who promises that rate of return is not doing it in a kosher way, so no, I wouldn't do this.  Doesn't matter if people come here and tell you they made money and were able to withdraw it.  Early in the ponzi scheme,  that can happen.

Damn, yobit.  I'm starting to get a real bad feeling about these exchanges,  all of them that aren't regulated, and yobit is one of them.  I've no idea who runs it or even what country they're in.

[jossiel]

Yobit's investment scheme? No, it's no different from other ponzi - HYIP that are promoted.

Be sure that you'll just use them as trading platform and not into their investment program. I wouldn't suggest you to put bigger amount, if you really want to try it out, see for yourself.

But we warned you.

[schkodrak]

Well, let me put it this way.

0.2% per day is 73% in a year before compounding.  No traditional investment will promise to give you a specific amount ever unless they are a scam.  In cryptocurrency where the market is volatile, they are certainly a scam.

Now consider compounding.  Your 5 BTC will not be worth 73% more than you put in after a year because it will compound each day.  This means that in a year you will have 10.35 BTC, in two years you will have 21.46 BTC, and so on.  If you were to leave your BTC in there for 20 years (figure out how to calculate compound interest), you would have 10,776,294 BTC, more than half of the amount that could EVER be created.

Does that sound like a safe investment to you?  All the information that they give about it is that all that money comes from a "special fund".

When i closed investment, i got all of my coin and and also with interest. So far it still interesting and safe

It might pay you.  It might pay you for quite a while.  But sooner or later, it will steal everyone's money.

This is the comment summarizing all the truth behind it. I was gonna write the same things. You cannot trust a exchanger to get btc interest. Soon or late, they will face problem to make your payouts. Stay away from this type of things.

[Phildo]

Well, let me put it this way.

0.2% per day is 73% in a year before compounding.  No traditional investment will promise to give you a specific amount ever unless they are a scam.  In cryptocurrency where the market is volatile, they are certainly a scam.

Now consider compounding.  Your 5 BTC will not be worth 73% more than you put in after a year because it will compound each day.  This means that in a year you will have 10.35 BTC, in two years you will have 21.46 BTC, and so on.  If you were to leave your BTC in there for 20 years (figure out how to calculate compound interest), you would have 10,776,294 BTC, more than half of the amount that could EVER be created.

Does that sound like a safe investment to you?  All the information that they give about it is that all that money comes from a "special fund".

When i closed investment, i got all of my coin and and also with interest. So far it still interesting and safe

It might pay you.  It might pay you for quite a while.  But sooner or later, it will steal everyone's money.

This is the comment summarizing all the truth behind it. I was gonna write the same things. You cannot trust a exchanger to get btc interest. Soon or late, they will face problem to make your payouts. Stay away from this type of things.

Agree with all of you, this is something weird. I dont know how they generate income to pay investor, they only told us that they have special cost.

Even they have special cost, they got from dice, transaction fee, or etc. I also tried to make new doge investment plan and got warning "Doge coin must be equal with 5 btc" which mean investor planer very possible wont get ROI.  So be carefull with this, i'm just worry if someday you can not withdraw btc from yobit

[|Admiral|]

So what and where to invest then so that i can get daily benefits. I have lost much money in scams and hacks, recently someone ripped me with 200 LTC and 20 ETH, Now what i have left is ~5 BTC and i want to recover my losses/ Please help.

[sotoshihero]

Yobit's investment scheme? No, it's no different from other ponzi - HYIP that are promoted.

Be sure that you'll just use them as trading platform and not into their investment program. I wouldn't suggest you to put bigger amount, if you really want to try it out, see for yourself.

But we warned you.

That right. Trading with yobit is fine and a good to practice there as there many altcoins and shall we say shitcoins. But trade only in small amount just to be familiar with trading. When it is investment, be sure to scrutinize and evaluate efficiently.

[cointabo]

Link of Page: https://yobit.net/en/investbox/

They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month??

Is it true?? Or a Scam??

Stay away from the Investbox. Its like investing in HYIP.

[jossiel]

Yobit's investment scheme? No, it's no different from other ponzi - HYIP that are promoted.

Be sure that you'll just use them as trading platform and not into their investment program. I wouldn't suggest you to put bigger amount, if you really want to try it out, see for yourself.

But we warned you.

That right. Trading with yobit is fine and a good to practice there as there many altcoins and shall we say shitcoins. But trade only in small amount just to be familiar with trading. When it is investment, be sure to scrutinize and evaluate efficiently.

Yap, though there are a lot of problems existing in yobit when it comes to withdrawal as many are complaining.

I haven't had issues with them but when it goes for their invest box I will not going to put my bitcoins on risk.

So what and where to invest then so that i can get daily benefits. I have lost much money in scams and hacks, recently someone ripped me with 200 LTC and 20 ETH, Now what i have left is ~5 BTC and i want to recover my losses/ Please help.

Just don't invest in HYIP and do trading alone.

[stomachgrowls]

Link of Page: https://yobit.net/en/investbox/

They promise to pay 0.02% a day on BTC, daamn, Means i invest 5 BTC and i can get 0.3 BTC a month??

Is it true?? Or a Scam??

We dont know since theres one who do made some words and tried out that investment box but for me it would really be risky to put up huge amounts.If you do really like to earn  on that way then just put on the amount that you can afford to lose up. Im done with Yobit exchange i have experienced horrible situations on them this is why i wont really trust them again as of now.

[Vishnu.Reang]

Is it 0.02%? That means that they will pay you around 7.30% per year. The amount is definitely not that high. And furthermore, YoBit have been around for quite some time now. There is no reason not to trust them.

[stomachgrowls]

Is it 0.02%? That means that they will pay you around 7.30% per year. The amount is definitely not that high. And furthermore, YoBit have been around for quite some time now. There is no reason not to trust them.

You cant say that since you dont able to experience things that yobit do give. Try to use their service and you will surely find out what i mean.Yes,they are quiet around for some time now but i dont really trust their service but well its your own choice though. 7.30% isnt really high at all if you are basing on annual income but if you do make compounding it will surely give you some good returns.

[giveen]

It is a good investment i wanted to invest in a ico through eth but there was still a month left for ico to start. I invested 10 eth for 30 days for few days there was no coins but i earned 0.45 eth in 30 days which isn't bad at all don't totally depend on it don't plan like keeping all yout funds for a year keep high amounts but only for short period.

[jikurpa]

I invested small investment in yobit investbox and only for shortterm. I am more interested in trading on rich exchange than investing, because by trading can provide better returns.

[CryptoProphet]

At first, i'm not related with yobit and not in to endorse yobit, but let the picture talk



I invest 62 LTC with 0.2% interest rate, and until now i got around 69 LTC but now yobit reduce their LTC interest rate

I invest 4.3 BTC in yobit and got 0.2% daily interest.

When i closed investment, i got all of my coin and and also with interest. So far it still interesting and safe

This is cool profit!
I want too..

[EddyGameta]

At first, i'm not related with yobit and not in to endorse yobit, but let the picture talk



I invest 62 LTC with 0.2% interest rate, and until now i got around 69 LTC but now yobit reduce their LTC interest rate

I invest 4.3 BTC in yobit and got 0.2% daily interest.

When i closed investment, i got all of my coin and and also with interest. So far it still interesting and safe

This is cool profit!
I want too..

yeah, picture really interested right? be careful with this, no one can give you guarantee