REALITIES & CHALLENGES OF INVESTMENT PLATFORMS. - page 2.

DAVID GRACED20

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Quote from: Wingsbtc on August 25, 2020, 02:50:10 AM

Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

Why? Must you invest in these platforms? Why not Bitcoin? Why not Ethereum? Why not NEO? These projects that I mentioned will give you the best rest of mind either you plan to hold for long time and short time only, those platforms you mentioned aren't safe

How do I invest in those platforms please?

leea-1334

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Temporary forum vacation

I have heard of pennywise but that is for penny stocks (micro stocks) that I guess you could say is the traditional stock market equivalent of all the crypto alts with super low market cap:)

You can't really know genuine,,, but if they have a registered company that you can look up, that is a first step:)

Tipstar

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Buzz App - Spin wheel, farm rewards

Most of the so called investment platform that comes up in ads are scams. There are a few that actually pays you interest on your coin holdings but the rate are low as they need to make profit to pay you. Binance, NEXO, Celsius, Youhodler are some safe investment platforms. None of them provide over 1% a month. You can also invest in bankroll of casinos which profit ranges about 12 to 18% a year but you should be able to resist the urge to gamble.

adzino

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www.Crypto.Games: Multiple coins, multiple games

Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

Look at others posts. They already found out its a scam. You could have done that too with a quick google search (but for some reason you didn't Roll Eyes

). You can see how unbelievably stupid their offers are. Lol, 17% daily profit if you invest 100 USD for 7 days? Only stupid people are going to fall for it.
It clearly shows it is a ponzi scheme or just one time scam where as soon as you invest, you get nothing back at all.

RabbiTANK

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Sovryn - Brings DeFi to Bitcoin

Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

I don't know any of these projects you mentioned and after reading few comments it's almost same thing with others, I suggest you stay away from them, pick well know projects and platforms instead

bgaf

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Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

Every project that has been traded and live usually have lack any regulations. I think you just need to search wisely the element of a proper project in terms og technical aspect and financial state. Of course there is always a risk to everything. Not familiar with those projects.

Are they already been traded on the market?

Mulann2

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Quote from: anu1908 on August 25, 2020, 02:42:50 AM

why would you use an 'investment platforms' when you can just buy tokens or use defi on your own?
there is no need for you to pool your funds into a single entity because you don't have enough capital. this is crypto, not stock markets where you need $200k yearly income to open an account.

Exactly, this is what I would do, back in 2017 I did use some of this investment platform and the result was not good, I use them because I was relatively new in crypto, didn't understand much about investment in tokens but now things have changed, I understand things much better thanks to this forum and other online site that educate us, better the op do the investment on his own instead of given it to scam platform.

Wingsbtc

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Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

Why? Must you invest in these platforms? Why not Bitcoin? Why not Ethereum? Why not NEO? These projects that I mentioned will give you the best rest of mind either you plan to hold for long time and short time only, those platforms you mentioned aren't safe

jossiel

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Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity.

First of all, if you have never seen it before then don't commit any amount of crypto you have or they require to invest. It's best that you have consulted and asked the people of the forum regarding this. And sometimes if your gut tells you to doubt it, there's nothing wrong to doubt it unless you have proven its legitimacy or its fakeness.

Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

How can one know a genuine crypto investment platform?

Documents and their proof of genuity through how the process they'll be earning. If the scheme is very simple and you understand that it's a legit source which could pay you interest or dividends, it's a considerable platform. But if you find the scheme to be too good to be true and is likely a scam, doubt it.

anu1908

sr. member

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why would you use an 'investment platforms' when you can just buy tokens or use defi on your own?
there is no need for you to pool your funds into a single entity because you don't have enough capital. this is crypto, not stock markets where you need $200k yearly income to open an account.

nicecrypto

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@op you should have already seen the hand written on the wall, this is a ponzi from all indications and the signs are right there in front of you but you chose not to see it,
who can give such high percentage per day!
and how long you think they will survive giving such amount!
what exactly it is they are doing to generate the money to backup their claim!
Don't get scam bro, i just hope you haven't invested already because that will be a big mistake.

Strongkored

legendary

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Leading Crypto Sports Betting & Casino Platform

OP, what makes you skeptical is because you are trapped in an investment that is not actually an investment but a ponzi scheme, have you ever thought how a platform can provide more than 10% profit per day even large companies will go bankrupt if do this.
They only pay members from the other member's money who join later, If no one else joins, they will not have the funds to pay the members.

NavI_027

full member

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I'm curious on the investment platforms you mentiined so I tried to make a small research to know them more.

>For Allbullish
https://www.scamvoid.net/check/allbullish.com/

>For Pennywise Wealth Management
https://tbbob.com/scams/pennywise-wealth-management-review

Well, I'm not sure if my reference match the one you pertain but most probably it is. Though the latter one is only proven scam so far, I would still avoid those two if I were asked. You know, trusting on new platforms is very risky because they can easily escape whenever they want since their reputaion is not yet important for them. They are willing to dump it once they reach the hype they wanted, believe me. So if I were you, search for better options and this time choose an older one or simply invest to a good coin and manage your own wealth

.

Jawhead999

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DGbet.fun - Crypto Sportsbook

Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise

So, do you refer to those sites? https://allbullish.com/ and https://pennywiseinvestments.com.au/ both of them is SCAM

How come you believe on ponzi scheme project offering 21,5%/day, its to good to be true

Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

How can one know a genuine crypto investment platform?

If you see deposit xxx to earn yyy , xxx%/day then its scam and shouldn't be trusted

Here are some option if you want to get passive income:

Staking on ERC-20 tokens
Invest in casino bankroll
Lending your money

But, they have risk involved so you need to think it.

Bitstar_coin

hero member

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SecureShift.io | Crypto-Exchange

I think you should listen to the advice of members here in forum and also do your due diligent on those investment platforms, most of them are usually scams, am speaking from experience, at the beginning they will appear to be legit and always pay on time but all of a sudden they will stop paying and disappear with your investment,
Even you see the one with good reviews it doesn't guarantee they are legit, reviews can be bought, you should be careful not to fall into scam platform.

Anonylz

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Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

Just a piece of advice, stay away, don't get yourself trap on some fake investment platforms, in fact in this day and age, I don't expect anyone will still be patronising those shady platforms, believe me you are better off yourself, just look for a reliable project and invest on it, this you can do yourself and monitor the growth, why throw money away to those hungry platforms that will fold up in no time.

Casdinyard

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Leading Crypto Sports Betting and Casino Platform

Quote from: DAVID GRACED20 on August 25, 2020, 12:14:36 AM

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

There are so many factors to consider before investing on such platforms/projects. Here's my list that I first check before spending my money for investment purposes:

LEGAL DOCUMENTS - Of course, to know to validity and legitimacy of a platform, you should check if they are registered not only in a trusted web hosting platform, but also if they have any documents that proves they are good to operate. And with that, if ever they would scam you, you could simply make a case in its local government where they have registered.
REVIEWS... FROM THIS FORUM - many reviews out there are often paid or just fake, there are even services in here that offers fake reviews on your stuffs. Hence, better check the forum's Reputation and Scam Accusation boards first so that you could have some insights from various crypto enthusiasts in here.

DAVID GRACED20

jr. member

Activity: 35

Merit: 1

I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?

Topic: REALITIES & CHALLENGES OF INVESTMENT PLATFORMS. - page 2. (Read 267 times)