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Bitwise Invest Ltd. and other HYIP scams

All reviews for bitwiseinvestltd.com

I'm not a financial advisor and below is only my opinion from my own experience.
You should always seek advice from qualified financial adviser before investing or not investing in any market or platform.

This website (https://bitwiseinvestltd[removed by editor]/) like most other HYIP ( High Yield Investment Programs) platforms are total scams. I've tried number of such platforms that promise high profit from crypto investment and all of them without exception were scam and I learned my lesson in hard way. All these platforms more or all less operate on similar principals. They promise high profit from investment and many people (like myself) with the hope to earn easy money jump in and eventually ending up with less money than they started or even worse, ending up with debt because of paying fees and never being able to withdraw. Some give you large amount of bonus or some let you re-invest from account balance until your funds increases and when it comes to withdrawal, they start requesting various fees in order to withdraw. After paying the requested fee, they come up with other reasons to pay other fees for something else like account error fee, documentation fee, account dormancy fee, tax, or any number of other things and eventually investors either getting disappointed and frustrated about paying fees or finally realize that it's scam and they give up and leave. In reality there is no real money in the accounts when they give you bonus or accumulated profit from re-investing etc. They are just bogus numbers they put on your dashboard to motivate you for withdrawal and then they start asking for various fees for withdrawal. The only real money in these scams is the money that the investors deposit or pay as fee which goes to their wallets not in the investors account as they claim. The basic wisdom to have about this kind of HYIP scams, is that in reality it's impossible to generate that kind of high profit in crypto or other markets as they claim they do, for simple reason that markets don't fluctuate that much in a day or in a week to take advantage of buying low and selling high even if they could really predict the market move timings very accurately which is a next to impossible difficult task and mostly is a guess even by professional experienced investment companies. As a general rule, most of these HYIP are scam for above reasons. But again, consider the above but don't take my word as granted. Always do careful research, consult experienced financial advisors before you invest in any investment platform in general especially in HYIPs.

Review date 2024-06-09 20:25:36

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Snovshad

Bitwise Invest Ltd. and other HYIP scams

All reviews for bitwiseinvestltd.com

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