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RE: Control-Finance

in #cryptocurrency7 years ago (edited)

I agree and disagree at a certain extend. HYIP are scams by default and its not worth investing in them, you simply are giving money to criminals. Even if they come back, they will fail soon. 1.5% return a day is not sustainable. Too many people get excited and invest more than can afford to loose. There are many other investments where you can make money with taking less risks. Always do due diligence before investing.

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To assert that 1.5% yield a day is unsustainable is a bit strong in my opinion. A properly tuned trading bot can yield significantly higher than whatever you can even imagine. From the information I have gathered 1.5% daily to some people in this cryptocurrency world is nothing. Some can see %50 returns. Leave the old ways of thinking behind. If you are too scared to play go beg the banks for .5 a year and see if thats not a scam too. Have courage to lose. CF is subject to exchange b.s like everyone else.

They need to invest in a coin and blockchain.

I'm not scared of losing but I don't invest in scams. The hard truth is that CF is a scam, just like Crypto Solutions and many other. Every multi level marketing and HYIP is a scam. If you like loosing money, send them to me, at least I will be thankful :)
I'm not a guy that thinks behind, just because of crypto I have almost 7 figures in assets, I was also able to make money on stocks but nothing beats crypto. But HYIP are old technique of scamming people, I would never invest a penny on them. Think about that, would you pay 150$ every single day for the rest of your life if somebody gave you once 10,000$, nope.

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