Under the microscope today is an investing platfrom. One that is very similar to the majority of HYIPs out there. The formula for success is not complicated .. “Invest-refer others-enjoy the rewards”. The statistics though point out to a collapsing industry. Most of the investors lose money at the end.
I wonder if this time something will change..
The background image on the homepage shows a happy young couple looking ahead…a bright future.!
- The real future
- Earn 3.5% daily for 40 days
- We accept many famous banks
- Instant payments
- Reliable protection
- 24/7 customer support
- BitMony has developed a modern and profitable instrument of online investing
- Every client of our company can use practically any amount in order to receive regular passive income that is very easy to do
- A short registration process, a money transfer, and let us work for you
- Running days 12
- Total members 493
- Total deposits $932
- Total cashouts $53
About Page – They say
We place capital according to the program that assumes having diversification in three focus areas. We work with the most stable and verified ones: Forex Trading and Stocks Trading. Besides, in order to increase the profitability horizon, as well as to stabilize the return level, we use investors’ finances in deals in the real estate market as well. Distribution of funds of our investors among these focus areas allows not only to significantly reduce risks, but also to increase the profitability of the investment portfolio.
Our strategy allows to work with small and huge amounts of private investors, and effectively consolidate the funds under our management. Therefore, other than the presence of the verified and tested strategy of trading in the Forex market, Stocks and Property trading, we also have access to unique mechanisms of finance management
I have read the same script on various HYIPs. It is not a surprise.
- 3.5% daily ROI for 40 days, deposits $10 – $9,000
- 120% ROI after 15 days, deposits $10 – $100,000
10% commissions on direct referrals purchases
Perfect Money, Payeer, AdvCash, Payza, Neteller, Skrill, bitcoin
FAQ – Terms – Important
- They mention that there is risk involved as with all HYIPs. The strategy tips provided is an exact copy of other programs.
- Only 1 account is allowed
- The funds are managed by a team of BitMony investment experts
- You can deposits as many times as you want
The Facebook page is almost non existent. A few sporadic posts with the same image used all over again, 1-2 likes in total.
Registration – Legal Docs
No information is provided on the official website. A seach online uncovers that this company is not even registered.
Owners – Domain
With the help of the whois database I uncover the registration date for the domain bitmony.com, 05 March 2017, just a few days ago. The owners are hiding from the public using privacy protection.
As usually, this is the point where another HYIP has nothing more to offer.
Are you ready to deposit $10?…or are you willing to give away $100,000?…and remember who is managing the funds?…a team of trading experts.!…who is the owner?..someone, somewhere
The 3.5% daily ROI is very promising, who does not want to make a fortune out of thin air?..But I can assure you that any program offering more than 10% yearly is dangerous.
That shady HYIP websites are created on the go to attract wanna be investors. A homepage, 2-3 images, a sign up form, a dashboard, faq, terms and they are ready to rock. No blog department, no images of the owners, of the trading/investing experts team, of the offices. No real contribution to the business world. We can not verify their expertise.
Who ever makes a deposit loses any control on the funds. Now what is important is to understand how this company is making money. It is you and every affiliate that deposits, there is no other source of income. What does it mean?…that we deal with yet another Ponzi scheme.
That Ponzi programs do not last long because they are solely dependent on affiliates deposits. Once recruitment slows down, a few months later or even sooner, no new money will be rolling in, no ROIs will be delivered. The anonymous owners will disappear ready for their next project.
That happens to companies without real products.
In order to invest I have to be sure that I deal with experts. BitMony has nothing to do with the industry. A program that will soon disappear.
How to Make Money Online
Investing in such HYIPs is risky at best. If you want to gamble with your money is your call.
But there is a solution for those that are willing to work. The most newbie friendly online business model is by far affiliate websites. This is how I started 2 years ago and turned one single property into a source of multiple incime streams. Long term potential, no risks, minimum startup costs, endless opportunities.
That’s it, another review has finished, here on Web Market Support. I am waiting for your comments and thoughts. Till next time, your online partner.
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