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Topic: should you invest in Bitcoin companies / grow your Bitcoins / HYIPs??? (Read 96 times)

member
Activity: 242
Merit: 10
XCH4NGE - Connecting Crypto Users Worldwide!
Definitely No. I will not invest in any company specially the HYIP ones. Because later on, after 10 days, or even 1 week only, they turned into scammed nvestment sites. They are all greedy. I'd rather want to spend or invest my bitcoin in different trading platforms, so no one will be blame me, or blame someone else for losing all of my money. Then you do good Nextime so you can earn more.
sr. member
Activity: 728
Merit: 254
People usually get scammed out of their own selfish interested, they want to get rich overnight.
Stay away from any company/website that promise you huge return by investing on their project, the are all scam.
newbie
Activity: 12
Merit: 0

 
I think NO, you shouldn’t. Because These sites can be categorized mostly as scams or HYIPs (high yield investment programs).
These sites take money from people around and promise to give them interest on them. They will then start off by paying these returns through money they get from new sign ups and create a big buzz around the site. Usually they will also have some sort of referral program so that users can bring in their friends. This will go on for around 3-4 months until one day the website will just go offline and the money will be gone.
I should you stay away from sites promise double your coins or give you daily interest on them.
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