10% ROI every day offer?

[JanVer]

Hello everyone,

last week I was contacted by someone on Instagram. They said if I invest with them into Bitcoin, I will get 10% ROI every day and at the end of the month I will receive the payout. He said the minimum deposit is 0.05 BTC.
He said this:
I work under a mining software service which is responsible for providing good mining hash rates and there's a target of bitcoins to be mined under the pool so by offering cloud mining services we're able to generate high traffic which increases mining speed so we can work more efficiently to each our targets and by doing so we offer profits to investors in return.

At first this seemed like a good offer but I don't know, I'm not that experienced with Bitcoin. He also has a certificate of Certified Blockchain Expert. He has quite a lot of followers and the Instagram profile is quite old. I think if this was a scam they would report the profile? I would rather not share the profile...

I would like some opinions from you experienced people please

Thanks and best regards

[1715208570]

1715208570

[1715208570]

1715208570

[mk4]

by offering cloud mining services we're able to generate high traffic which increases mining speed so we can work more efficiently to each our targets and by doing so we offer profits to investors in return.[/i]

He also has a certificate of Certified Blockchain Expert.

Sounds like a load of bullshit. Easily easily a scam. Probably the last place where entrepreneurs would look for investors would be via Instagram dms lol.

He has quite a lot of followers and the Instagram profile is quite old.

You can buy fake followers online as well as old accounts.

[Pmalek]

A Certified Blockchain Expert looking for investors and PM-ing random people over Instagram/Telegram is not a person you should trust and send him any money.
Cloud mining scams are pretty common as well. Google the following and check the results: site: bitcointalk.org cloud mining scam

Don't send any money to the 'expert'. If he was one he wouldn't need to PM people looking for investments. Instead investors would fight each other for a chance to invest in his companies.   

[Rikafip]

Hello everyone,

last week I was contacted by someone on Instagram. They said if I invest with them into Bitcoin, I will get 10% ROI every day and at the end of the month I will receive the payout. He said the minimum deposit is 0.05 BTC.
He said this:
I work under a mining software service which is responsible for providing good mining hash rates and there's a target of bitcoins to be mined under the pool so by offering cloud mining services we're able to generate high traffic which increases mining speed so we can work more efficiently to each our targets and by doing so we offer profits to investors in return.

At first this seemed like a good offer but I don't know, I'm not that experienced with Bitcoin. He also has a certificate of Certified Blockchain Expert. He has quite a lot of followers and the Instagram profile is quite old. I think if this was a scam they would report the profile? I would rather not share the profile...

I would like some opinions from you experienced people please

Thanks and best regards

Everyone that offers you that kind of ROI is 100% scam, whether it's cloud mining, HYIP  or something else.

Simply report anyone  that contacts you with these kind of offers, and do not believe any " proof" they offer you as it can be easily faked.

Stay safe, trust no one.

[evgenia_volkova]

Do not fall for such offers. Funds once transferred are not reversible so, before sending funds to such offer think 100 or lakh times whether it is valid or not.

If you had shared the details of the instagram. The experts can help us validate whether it is spam or not and all of us can be alerted if it is actually a spam.

[jossiel]

Don't believe with promised profit. All of them are scam unless they are a known company that legitly operates. And be informed that most of the cloud mining / mining software service are likely to be scam except those legit that gives almost no return.

He also has a certificate of Certified Blockchain Expert.

Did he showed you a certificate to prove that he's a CBE? everyone can proclaim that he's a blockchain expert though.

[Bountyhonter]

You should know that if an offer sounds too good to be true then it's probably a scam and why will someone randomly chat people up if he/she has nothing to gain from it.

[masulum]

10% a day it means you can get 300% one month. Sounds unbelievable. Even you are renting a cloud mining for them, I don't think it will give you coins for 300% ROI for one month.

You can read this tip to learn or to know if someone trying to scam you.

• COLLECTION OF GUIDES ON IDENTIFY AND AVOID SCAM PROJECTS by tbct_mt2

[Paulinerims]

Just by reading the first post I suggest you avoid deals like that because it is probably a scam.

[pedrog]

Hello everyone,

last week I was contacted by someone on Instagram. They said if I invest with them into Bitcoin, I will get 10% ROI every day and at the end of the month I will receive the payout. He said the minimum deposit is 0.05 BTC.
He said this:
I work under a mining software service which is responsible for providing good mining hash rates and there's a target of bitcoins to be mined under the pool so by offering cloud mining services we're able to generate high traffic which increases mining speed so we can work more efficiently to each our targets and by doing so we offer profits to investors in return.

At first this seemed like a good offer but I don't know, I'm not that experienced with Bitcoin. He also has a certificate of Certified Blockchain Expert. He has quite a lot of followers and the Instagram profile is quite old. I think if this was a scam they would report the profile? I would rather not share the profile...

I would like some opinions from you experienced people please

Thanks and best regards

No doubt it's a scam.

Anyone able to generate 10%+ ROI daily doesn't need anyone else's money.

[JanVer]

Wow guys thanks for all the replys. Here you have the link of the Instagram profile: https://www.instagram.com/sarah__emilly/
Personally, I will report it.

[joniboini]

Cloud mining services do their business because they want to get additional income. So, when he said they do cloud mining because it increases efficiency with increased traffics, that's fake. Mining requires hash power, and no traffic optimization could increase the hash power of a RIG. He's misleading you.

On top of that, there's no way you can get 10% per day with cloud mining (or even mining itself). You might be able to get that profits from trading, but it's not as easy as it sounds.

[Jet Cash]

He isn't the one that is certified. It's the people sending him money that should be certified.

[arbiter5]

He isn't the one that is certified. It's the people sending him money that should be certified.

Pretty much! Certified gullible idiots to be more specific.

[DdmrDdmr]

<...>Personally, I will report it.

Do so.

Often you can reverse image the profile photograph and see where else if is being used. In cases such as this, it is frequent to be able to locate the image tied to some other name and account on social media, meaning that the former would be a fake profile. I’ve tried about five different sites with no luck. In Instagram, you can additionally audit followers, but the available tools do not work on private accounts such as is the case.

Regardless, just looking at the terms of the offer it is pretty clear that it is a scam aimed at those gullible enough to go through with it.

[BrewMaster]

I will get 10% ROI every day and at the end of the month I will receive the payout. He said the minimum deposit is 0.05 BTC.

do you even have to ask?

think about these numbers a little bit and you will get your answer. if someone was capable of generating such a huge profit to give YOU 10% of it then why would then even need YOUR money?
they could easily start with a small amount and turn it into millions in a short time. for example start from $1000 of his own and earn 10% on it HIMSELF and turn it into $17500 in one month. such person would NEVER need YOUR investment.

which means he can't make shit, so he needs to fool others to hand him over their money to rob them.

[Harlot]

That is a scam. First of all there is no such thing as a fixed return on a very volatile market even portfolio manager in markets that are stable cannot give a fixed return on fixed period for their client. Don't be fooled by this kinds of scams you will just lose all your money, the mode on where they have contacted you is another red flag since they have approached you through Telegram where known scammers hangs out. Its good that you have second thoughts on putting money to them and you have posted your concern here,  at least you know scams happen now on every platform.

[Velkro]

I would like some opinions from you experienced people please

Thanks and best regards

Scam. You don't need to read anything else than title to know that .
If someone would be able to deliver  10% ROI every day they would take loans everywhere possible, earn 10% daily, pay them back in 10 days and take profit themselfs.

[JanVer]

The user on Instagram was reported.

Maybe you guys can also report her/him, or should I write to Instagram. This kind of people are a great danger to people who don't understand Bitcoin or don't have second thoughts.

[The Cryptovator]

last week I was contacted by someone on Instagram. They said if I invest with them into Bitcoin, I will get 10% ROI every day and at the end of the month I will receive the payout. He said the minimum deposit is 0.05 BTC.

Clear SCAM, don't send any bitcoin to that scammer. This is a very old method to scam newbie. There is no such as machine that could provide you 10% daily profit. You will never find that person after sent fund because I am 100% sure he will block you somehow. Please don't try to find any quick rich method, there is nothing like that. So don't be greedy for money, try to earn by legal way even that is small amount and you will happy eventually.

Please share that scammer's profile links and some proof of chat history, so that other user could report him. Thanks God that you save yourself and share with this community. And obviously this would be lesson also for other users.