I came across a recently launched Bitcoin investing platform. One that is promising huge earnings on a daily basis for all investors. Not only, they promise zero risks. This is the trend lately, as more and more HYIPs are trying to attract potential victims in an attempt to satisfy this new “Demand”.

And you might wonder, is it so easy to make money online just by investing?…Are all those people that invested in a HYIP in profit?…Sorry, but I have to disappoint you. Those programs do not last long as they are illegal. Only their owners escape with profits, at the expense of their members.

This programs looks like a bad industry replica, but let’s dive deep before we make our final decision.

BritBit.biz – Crypto Experts From Outer Space Dominate UK Markets

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Inside BritBit

The homepage illustrates a ship dressed in UK colors, moved on by Bitcoin power.

The main headline is simple…”Your cryptocurrency expert from the UK”.

About Page

They created a unique investment proposal, after a long-term market analysis. They started out as a small group of technical specialists, employees of a large holding company that develops software. When cryptocurrency emerged they concentrated on studying this phenomenon. They implemented projects related to crypto mining. Their mining farms are located in Northern Ireland, allowing them to optimize the financial costs associated with the cooling of the high-quality equipment.

Currently, the company has mining farms in Ballycastle, Bangor, and Belfast. The company’s equipment produces in a 24/7 mode 3 types of cryptocurrency: Bitcoin, Ethereum, and Litecoin.

Statistics shown

• Days online 7
• Total investors 3250
• Total deposits 678+ BTC
• Total withdrawals 71+ BTC

Investment Plans

• Plan A: 5% daily ROI forever, deposits 0.001 – 10 BTC
• Plan B: 7% daily ROI forever, deposits 10.001 – 30 BTC
• Plan C: 9% daily ROI forever, deposits 30.001 – 50 BTC
• Plan D: 11% daily ROI forever, deposits 50.001 – 100 BTC

Minimum withdrawal limit is 0.0005 BTC

Affiliate Program

2 levels deep, 1st level 5%, 2nd level 1% commissions on referrals purchases. You don’t need to invest in order to be eligible for referral commissions.

FAQ – Terms – Important

• How safe are the investments?…Zero risks for all clients
• Can I lose money?…No, their strategy does not include any risk at all
• Only 1 account is allowed

Social Media

The Facebook & Twitter pages do not indicate any admin.

Registration – Legal Docs

Companies house number NI646855, Arnott House, 12-16 Bridge Street, Belfast, Antrim, Northern Ireland, BT1 1LU, incorporated on July 10, 2017. The name Trevor Johnson appears as the officer, +442895680437.

Owners – Domain

With the help of the whois database, I uncover the registration date for the domain britbit.biz, 10 July 2017. The name Trevor Johnson appears as the registrant.

And this is the point where another HYIP website has nothing more to offer

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Final Thoughts

Are you interested in investing?…Do you think that Britbit is a company that can dominate the crypto markets with ease, at no risks for you?…Read on for a full breakdown.

Apart from the registration document, there is nothing to trust in that company. As usually, we deal with an empty of content website that acts as a curtain for the company’s activities. No information related to BritBit’s activities can be verified online. Where are the mining farms in Ballycastle, Bangor, and Belfast?…where are the photos of the facilities and the expensive equipment?…why a company that is so proud of their equipment does not show anything related to it?

…where is the owner?…is this man, Trevor Johnson, a trader with experience?…An online search for the name Trevor Johnson reveals a man that teaches Trading in a University. Not the “Johnson” we want.

All we have is an “About” page, that is nothing more than fancy words and promises.

Moreover, the statistics shown on the homepage are probably fake. How can a brand new company with only 7 days online has already more than 3000 active players?…Not only, they invested over 680 Bitcoins so far. Unbelievable.

Now let’s discuss about the most important factor, the inmvestment plans.

They promise that there is no risk in trading with them. Additionally, they promise up to 11% daily ROIs. These ROIs are out of this planet, and I will explain why very briefly.

During the last decades, through the mist of a global economic crisis, interests have dropped to almost zero. Banks can not offer interests that belong to the past. Now you are lucky if you get an investment at 1% ROI. The trading industry, in general, is a risky model. Even professional traders with years of experience, lose trades every day. Have in mind that any program offering more than 10% yearly is extremely risky and should be avoided by all means.

How can BritBit.biz promise 11% daily ROIs will remain a mystery for centuries to come. I would not invest in that company, not a penny.

In reality, all money coming in BritBit project is funds from affiliated members. This makes BritBit another Ponzi scheme. When someone registers and deposits, this money is being used to pay off ROIs to those that invested earlier. This is illegal, and the main reason for an upcoming collapse. Because the program is solely dependent on affiliates. When recruitment slows down, no new money will be entering the company’s pools. No ROIs will be delivered, as well.

Who is making money?…the owners and maybe a couple of friends, who invested on day 1. At some point, they will shut down the website and the vast majority of investors will taste a bitter loss.

A program that you better ignore.

Related

• Revenue sharing & HYIPs
• Rev shares & HYIP monitoring
• Modern Ponzi/Pyramid Business World
• Beginner’s Ultra Guide to Making Money Online

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That’s it, another review has finished, here on Web Market Support. I am waiting for your comments and thoughts. Till next time.