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Author Topic: Is there a company that can trade cryptocurrency for you and produce profit?  (Read 125 times)
showbiz111 (OP)
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March 09, 2018, 10:10:20 AM
 #1

Well as for me I wouldn't advise anybody to give his money to some set of people to trade because they are not different from ponzi scheme. They only promise you a high return but what they do in actual sense is to use another new member money to pay your return  on your investment I.e  the more new people come in to invest the more  money for them, on the long run it will finally crash once they can get more people to sustain the business. So my advise for you is do your own research and buy some portfolio of altcoin by so doing you would have diversify your investment and for sure within 12 month  to 18 you will sure get a good return on your investment!!!! Wink
icoprofits
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March 09, 2018, 12:03:37 PM
 #2

in my view such companies will one day turn their board so trading coins on our behalf won't work in crypto space it is we can trade on ur own or else hold coins trusting such company will show us big lesson already proved in past
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March 09, 2018, 12:10:06 PM
 #3

Well as for me I wouldn't advise anybody to give his money to some set of people to trade because they are not different from ponzi scheme. They only promise you a high return but what they do in actual sense is to use another new member money to pay your return  on your investment I.e  the more new people come in to invest the more  money for them, on the long run it will finally crash once they can get more people to sustain the business. So my advise for you is do your own research and buy some portfolio of altcoin by so doing you would have diversify your investment and for sure within 12 month  to 18 you will sure get a good return on your investment!!!! Wink
The cryptocurrency trading company model in my country is no or that would be the scam companies. My country has come up with 3 fraud cases on the investment in cryptocurrency. They persuaded farmers and people in the countryside not to know about the crypto market to buy so much rubbish so they could make a profit from fraud. So it is best to invest yourself and follow your decision.

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March 09, 2018, 03:08:39 PM
 #4

Well as for me I wouldn't advise anybody to give his money to some set of people to trade because they are not different from ponzi scheme. They only promise you a high return but what they do in actual sense is to use another new member money to pay your return  on your investment I.e  the more new people come in to invest the more  money for them, on the long run it will finally crash once they can get more people to sustain the business. So my advise for you is do your own research and buy some portfolio of altcoin by so doing you would have diversify your investment and for sure within 12 month  to 18 you will sure get a good return on your investment!!!! Wink
Even if those companies were not a scam, you'll be going against what bitcoin stands for, the whole point of bitcoins and cryptocurrencies in general is to have control of your money  and to not have to rely on anyone else for its protection or its growth if you give your money to someone else expecting you to give you more money in return you go against those principles.
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March 09, 2018, 03:29:31 PM
 #5

Well as for me I wouldn't advise anybody to give his money to some set of people to trade because they are not different from ponzi scheme. They only promise you a high return but what they do in actual sense is to use another new member money to pay your return  on your investment I.e  the more new people come in to invest the more  money for them, on the long run it will finally crash once they can get more people to sustain the business. So my advise for you is do your own research and buy some portfolio of altcoin by so doing you would have diversify your investment and for sure within 12 month  to 18 you will sure get a good return on your investment!!!! Wink
The problem is the trustability of 3rd party. The ponzi scheme used the cash flow from the new members to pay the old members. And then the new will be old and there will be another new again. and the result will be a lot of people are fooling each other.
Do own diligence to diversify our investment personally will become a very good thought. It's very risky to give or put our amount to the 3rd at least for now that's so risky.

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March 09, 2018, 03:29:35 PM
 #6

Well as for me I wouldn't advise anybody to give his money to some set of people to trade because they are not different from ponzi scheme. They only promise you a high return but what they do in actual sense is to use another new member money to pay your return  on your investment I.e  the more new people come in to invest the more  money for them, on the long run it will finally crash once they can get more people to sustain the business. So my advise for you is do your own research and buy some portfolio of altcoin by so doing you would have diversify your investment and for sure within 12 month  to 18 you will sure get a good return on your investment!!!! Wink
Even if those companies were not a scam, you'll be going against what bitcoin stands for, the whole point of bitcoins and cryptocurrencies in general is to have control of your money  and to not have to rely on anyone else for its protection or its growth if you give your money to someone else expecting you to give you more money in return you go against those principles.
Side point of crypto and life: don't partake in ponzi schemes or promote them. What you just described OP is literally what the Bitconnect platform was. A trading bot which guaranteed returns for you, a bit suspicious no? Well tons of people thought it was legit, which is bizarre and I sincerely hope that was the last time it happens.

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gin113
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March 09, 2018, 03:37:08 PM
 #7

so like banks? i would rather not see this happening because the moment you give your money someone else, they use it in their best interst and not YOURS
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March 09, 2018, 03:38:38 PM
 #8

There are such projects you can buy their coins and receive the profit they made proportionally, there are some kinds of big funds as you think but they are accepting people with high amount of money like $500k
clrpod
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March 09, 2018, 03:39:53 PM
 #9

The large majority are ponzi schemes. I will never trust anything that offers a guaranteed return because there are no guarantees in this life. How for example could they pay out a guaranteed return on a week like this one? It's highly unlikely they would have profited from it.

I'm also of the belief that if someone can profit so much from trading why would they want to do it with other peoples money, they'll be plenty rich enough themselves in no time if they can make the returns they're claiming they can make.

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Silberman
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March 13, 2018, 03:57:25 PM
 #10

Well as for me I wouldn't advise anybody to give his money to some set of people to trade because they are not different from ponzi scheme. They only promise you a high return but what they do in actual sense is to use another new member money to pay your return  on your investment I.e  the more new people come in to invest the more  money for them, on the long run it will finally crash once they can get more people to sustain the business. So my advise for you is do your own research and buy some portfolio of altcoin by so doing you would have diversify your investment and for sure within 12 month  to 18 you will sure get a good return on your investment!!!! Wink
Even if those companies were not a scam, you'll be going against what bitcoin stands for, the whole point of bitcoins and cryptocurrencies in general is to have control of your money  and to not have to rely on anyone else for its protection or its growth if you give your money to someone else expecting you to give you more money in return you go against those principles.
Side point of crypto and life: don't partake in ponzi schemes or promote them. What you just described OP is literally what the Bitconnect platform was. A trading bot which guaranteed returns for you, a bit suspicious no? Well tons of people thought it was legit, which is bizarre and I sincerely hope that was the last time it happens.
It is going to happen again, it always happens people are simply too greedy they want to obtain a lot of benefits and profits but they do not want to make any kind of effort, this is how a system like the one we currently have has lasted for as long as it has because people are not willing to take control of their money and their lives they prefer that someone else does it and so they give up control of their money not realizing they are giving control of their future as well.
CryptoHunter24
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March 13, 2018, 04:27:26 PM
 #11

This idea for mew such a non sense. Why would you trust your money to anybody or in such companies whose identity is hidden. Are you crazy? It's more better to do your own trading,if you let anyone do this things to you,they might steal your money.so what will happen to you? You want profit then work for it.

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March 13, 2018, 05:27:09 PM
 #12

not a good idea if we entrust investment to a third party. if they offer to high profit I would not be interested and only a fool would be stuck there.
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March 13, 2018, 05:55:00 PM
 #13

Here in our country there are some but the problem is that there is no guarantee that it will be back at the right time or if its a scam and be closed in no time. People are negating it and they only have few of investors so I can assume that it won't last long since people in my country has security issue when talking about money.



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