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Bitcoin

Posted: Tue Jun 22, 2021 3:38pm
10 replies406 views11 members subscribed
dmoss

dmoss

Helpful member

Posts: 473

257 helpful points

Location: Los Alcázares

Joined: 30 Jul 2015

Beware of Bitcoin they want more moneys

After trying to invest 250€ was asked to invest another 4,000€???? After we had joined the system and money was tied up we are now in the system but are not very good at this and think it could be a big mistake any one more knowledgable let us know what you think on day one after investing 250€ we were ask d for 4,000 more to make it worthwhile so forget the 250 earns you big money only if you invest more 

Roland

Posted: Tue Jun 22, 2021 4:08pm

Roland

Legendary helpful member

Posts: 3519

2581 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Tue Jun 22, 2021 4:08pm

You are very probably being suckered / scammed / taken for a ride or whatever term you would like to be used.

It's a classic scenario, you pay 250 euro, then they say 4000 euro.

Then they will say 10 000 euro.

DO NOT pay any more money.

Cut your losses at 250 euro & think yourself very lucky indeed.

My opinion only of course.

PeterC

Posted: Tue Jun 22, 2021 5:34pm

PeterC

Super helpful member

Posts: 2233

1446 helpful points

Location: Los Alcázares

Joined: 10 Nov 2016

Posted: Tue Jun 22, 2021 5:34pm

I cannot think of a single thing that I could not see/pick up/feel that I would pay any money for, ever!

crissywissy

Posted: Wed Jun 23, 2021 9:12am

crissywissy

Super helpful member

Posts: 2440

1614 helpful points

Location: Mar Menor

Joined: 26 Sep 2015

Posted: Wed Jun 23, 2021 9:12am

Think you can kiss goodbye to your 250.....remember the old adage...if it sounds too good to be true........

Jan1961

Posted: Wed Jun 23, 2021 7:31pm

Jan1961

Helpful member

Posts: 238

97 helpful points

Location: Sucina

Joined: 1 Jul 2017

Posted: Wed Jun 23, 2021 7:31pm

Always  check whether these Bitcoin are not scam site.Check if they are regulated by FSA most will not be covered by Financial Service Compensation Scheme.More than likely when you  attempt to make withdrawal it wont allow you to do it.If they asking you to invest more money sorry but more likely it's a Scam

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GrahamG

Posted: Sun Jun 27, 2021 8:39pm

GrahamG

Helpful member

Posts: 114

57 helpful points

Location: Mazarron

Joined: 31 Jul 2019

Posted: Sun Jun 27, 2021 8:39pm

Hi if you want to invest in cryptocurrency try coinbase, it's an American company but are registered with American stock exchange and safe, can invest as little or as much as you like. Hope this helps.

Danboy1980

Posted: Mon Jun 28, 2021 10:22am

Posts: 54

23 helpful points

Location: La Tercia

Joined: 13 Mar 2016

Posted: Mon Jun 28, 2021 10:22am

dmoss wrote on Tue Jun 22, 2021 3:38pm:

Beware of Bitcoin they want more moneys

After trying to invest 250€ was asked to invest another 4,000€???? After we had joined the system and money was tied up we are now in the system but are not very good at this and think it could be a big mistake any one more knowledgable let us know what you think on day one after investing 25...

...0€ we were ask d for 4,000 more to make it worthwhile so forget the 250 earns you big money only if you invest more 

Sorry to hear this Dmoss. Like others have said looks like you should write off the money

I am an authorised and regulated financial advisor in the uk and spent time and money getting qualified and I hate seeing unregulated financial products like crypto where people can get taken for a ride. 

As someone else correctly mentioned there is no FSCS cover, no FCA regulations, Bob down the pub could advise you and you would have no recourse  

Bitcoin has dropped 55.5% in value since April and El Salvador have said it can be used as legal tender which I guess tells us everything we need to know 

Investing is definitely a longer term game done in the right way, one of our medium risk funds has returned 101% in the last ten year by a steady approach but those details are for another day, the market cycles of crypto are just too volatile and young to trust and have confidence in right now  

If you or anyone ever needs any help or advice please PM me and we will set up a formal meeting/call and I am happy to help I have been on here a few years now and recognised your name as well as many others 


I am sorry you got stung by this but grateful as others mention its 250€ And not thousands

Have a great day and week everyone 

Regards

Daniel 

Alex

Posted: Mon Jun 28, 2021 10:53am

Alex

Admin

Helpful member

Posts: 572

112 helpful points

Location: Abanilla

Joined: 10 Feb 2015

Posted: Mon Jun 28, 2021 10:53am

dmoss wrote on Tue Jun 22, 2021 3:38pm:

Beware of Bitcoin they want more moneys

After trying to invest 250€ was asked to invest another 4,000€???? After we had joined the system and money was tied up we are now in the system but are not very good at this and think it could be a big mistake any one more knowledgable let us know what you think on day one after investing 25...

...0€ we were ask d for 4,000 more to make it worthwhile so forget the 250 earns you big money only if you invest more 

As others have said please do not spend another penny on this - no reputable company would ask you directly for more money to invest, this is likely a fraudulent company. If you paid by credit card please contact your bank and inform them you suspect you may have fallen victim to a scam - your bank may be able to recover the money if you paid by credit card.


Got computer or phone problems? I can try to help you. Visit NeedHelpWithMyComputer.com

Danboy1980

Posted: Mon Jun 28, 2021 9:53pm

Posts: 54

23 helpful points

Location: La Tercia

Joined: 13 Mar 2016

Posted: Mon Jun 28, 2021 9:53pm

This post that was quoted has been deleted.

Good tip with the research oadbyman but I am not sure your comment about the best person to look after you is you

sadly dmoss has lost 250€ trying to look after it himself or herself 

We all have our skillset. I wouldn’t try and look after my car because I am not a mechanic nor my body because I am not a doctor

Anyone wanting to invest or grow their wealth should take advice from a regulated advisor and only invest in regulated products  

Crypto is a way to try and make money fast but the markets are too volatile  

Please do not try and look after finances directly if you have no experience. Any financial advisor worth their license knows you need to plan carefully to make sure you have enough money to see you through until you are 100 years old, if you go before it can be passed down to your beneficiaries 

Lecture over. Have a good evening every

Wizzo

Posted: Mon May 1, 2023 12:32pm

Posts: 1

5 helpful points

Location: Los Alcázares

Joined: 21 May 2018

Posted: Mon May 1, 2023 12:32pm

You did NOT invest in Bitcoin. You gave money to a scam organisation that promises riches. Do not hand over more money. 

If you, after doing some research, believe Bitcoin, or any other digital coin, to be a good investment but do not know about owning your own crypto wallet with all the complications that entails then buy from a bank or crypto exchange that you can easily access.  Revolut; PayPal, Crypto.com  etc.  Put your money in and have the ability to withdraw it easily when you decide. Crypto, like stocks & shares can make you good money as well as lose it. Don’t invest more than you can afford to lose. 

DO YOUR RESEARCH. Get rich quick ad’s are always scams. 

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