AMFEIX - is it legit?

[benjamin07]

I'm a trader of 25 years. IMO Amfeix is just another Ponzi scheme. Yes, they payout atm. All Ponzi schemes will pay out until they can't.
The way Ponzi schemes work is that most people leave their funds in there wanting more incredible returns. This fact is what supports a Ponzi scheme.
The returns claimed are impossible for even pro traders to attain. Unreal returns are the first red flag.
The second is the lack of review comments. If this scheme has been running since January then where are all the satisfied comments? They only go back as far as May.
The lack of transparency is the next red flag. Legitimate investment funds must provide all information about who runs it, where they are located and how they do it.
All the Bitcoin so-called "investment" schemes have failed. Bitconnect even listed on exchanges to be traded and lasted for years. It worked until it collapsed.
The other ones, Bitpetite and the other recent one (can't remember its name) were scams. If the return is too good to be true it probably isn't real.
You might not think 0.1 BTC as a min investment is much but that's over $1,000 atm. If you get even one thousand people to pitch in that's a million dollars.
This scheme will collapse just like the others. Having said that, if you get in early on any Ponzi scheme you can make money if you withdraw your profits.
Letting everything ride forever guarantees that you will be taken in the end. If you can get your money back, withdraw it then you can let the rest ride.
This way you haven't lost your money. It's just that human greed takes over most people's minds. They WANT TO believe it's true and ignore all the red flags.
Conclusion: If you have a thousand bucks to lose then go for it. When/if you get your money back, withdraw your initial investment and then you've got nothing to lose.

Great points just a couple of notes:
1. If you knowingly go in a ponzi scheme and you get out before collapse, then upon collapse the liquidators can chase you for the whole money not just the progit and you get cents on the dollar like anyone else if anything at all. The only defense against this in the instance of Amfeix is that it is pseudo-anonymous so what you need to do is open 100 accounts and put in each small amount to make it not worth chasing you back on a per account basis. I'm not teaching you how to be a crook I'm exposing the trick to make it ineffective via imposing some form of logging maybe ip addresses, funding wallet, etc.

2. It is claimed somewhere on this forum that 80% of the profit go for you and 20% to the fund
2.1. What abt the 10% of the person whose link you used, and the 10% of the person whose link was used by the person who gave you the link etc.
2.2. If I'm the fund manager and I'm making profits, why would I share with you? why would i need your money in the first place?

Best form for this ponzi to collapse is: sell BTC to USD now and wait for it to crash to $3K again and then give everyone their BTC0.1 back. It could happen tomorrow or it could happen in 10 years: when the fund breaks it will be locked till they can refund the BTC. This is the position Mt Gox wishes it is in and this is the position these people want to put themselves in.

[Atomicc]

I found AMFEIX, interested for me to invest some assets, maybe some of their users can help me in future decision.
Here I see, that AMFEIX have some supporters here. Monthly results looks promising (mostly in bull period, but OK), what is the guarantee that investor funds are safe in case of problems. What if AMFEIX disappear like Bitconnect, Chain Group, HexaBOT etc...

Reputation? Maybe, but here I found the public data:
- both internet domains are registered with secret real owners
- no public info about main trader (traders), it will be nice to know their performance
- short period of existing
- Registration from website was from June 25th, how fund work from January?

I can accept the success fee (20%) it is fair, but only if they trade through my APIs.

[OneMillion]

greet everyone on this platform Who knows as much as possible about this fund? Tell me, is it possible to interact with him somehow?

[Areuinsane]

greet everyone on this platform Who knows as much as possible about this fund? Tell me, is it possible to interact with him somehow?

hello! Yes, of course you can. If you own bitcoins, you can invest them in this fund, and experienced traders will increase their number for you.

[ewapocztowska]

It always seemed to me that bitcoin is a complex asset. In fact, everything is not so complicated. I would be interested in how everything happens here.

[OneMillion]

It always seemed to me that bitcoin is a complex asset. In fact, everything is not so complicated. I would be interested in how everything happens here.

yes, me too. I think that not all investors have the opportunity to trade bitcoins, since not everyone has enough time.

[ewapocztowska]

It always seemed to me that bitcoin is a complex asset. In fact, everything is not so complicated. I would be interested in how everything happens here.

yes, me too. I think that not all investors have the opportunity to trade bitcoins, since not everyone has enough time.

which is why the AMFEIX fund was created, as I understand it. But how will this all happen? Although for sure traders have all the knowledge in this area.

[Areuinsane]

I think that to understand the project as a whole it is worth knowing its main goal - returning profits to participants through trading in bitcoins that investors place.

[minereu.com.]

I think that to understand the project as a whole it is worth knowing its main goal - returning profits to participants through trading in bitcoins that investors place.

yes, probably this is an important factor. I think that the profit will be quite significant, as the demand for cryptocurrencies is growing, and with it the number of participants.

[Areuinsane]

I think that to understand the project as a whole it is worth knowing its main goal - returning profits to participants through trading in bitcoins that investors place.

yes, probably this is an important factor. I think that the profit will be quite significant, as the demand for cryptocurrencies is growing, and with it the number of participants.

the cryptocurrency world for me, for example, is complicated, so I believe that many users are simply afraid to enter it. What do you think?

[ewapocztowska]

I have the same opinion. You need to learn a lot of details before you start trading. Therefore, the AMFEIX Foundation came in handy. Personally, it will be useful to me.

[OneMillion]

I have the same opinion. You need to learn a lot of details before you start trading. Therefore, the AMFEIX Foundation came in handy. Personally, it will be useful to me.

not only for you, because I do not have enough free time to trade on my own. In addition, I do not understand the positions.

[minereu.com.]

by the way, about the positions. A large number of different studies have been conducted that have shown that the short-term strategy is the best. But for me it’s risky.

[Areuinsane]

by the way, about the positions. A large number of different studies have been conducted that have shown that the short-term strategy is the best. But for me it’s risky.

yes, short-term strategies are risky, but this is a great opportunity to make a profit faster. In addition, experience will help to come out with profit and with the least loss.

[minereu.com.]

by the way, about the positions. A large number of different studies have been conducted that have shown that the short-term strategy is the best. But for me it’s risky.

yes, short-term strategies are risky, but this is a great opportunity to make a profit faster. In addition, experience will help to come out with profit and with the least loss.

I agree. I just thought that the process of investing in this fund is similar to buying shares in a not popular company.

[Areuinsane]

by the way, about the positions. A large number of different studies have been conducted that have shown that the short-term strategy is the best. But for me it’s risky.

yes, short-term strategies are risky, but this is a great opportunity to make a profit faster. In addition, experience will help to come out with profit and with the least loss.

I agree. I just thought that the process of investing in this fund is similar to buying shares in a not popular company.

yes, you can say that. Only this is not quite a popular company, but just a company that has not yet succeeded. I would call it that.

[ewapocztowska]

guys, we need to not lose time and become a member of this community as quickly as possible, until the massive introduction of cryptocurrency.

[OneMillion]

guys, we need to not lose time and become a member of this community as quickly as possible, until the massive introduction of cryptocurrency.

yes, and the plus is that right now the cryptocurrency world provides great opportunities for investment.

[minereu.com.]

I now have a question of this kind: is there any main or main way to increase the value of bitcoin deposits? Tell me about it.

[Areuinsane]

I now have a question of this kind: is there any main or main way to increase the value of bitcoin deposits? Tell me about it.

yes, of course. And this method is trading, which requires a large amount of time, experience and patience.