Getting good investment sites is not easy. This is compounded by the fact that scams are rolled out daily to confuse people who have little or no experience. This is especially so within the cryptosphere, where the ease of transfer of funds and low chances of tracking makes it easy for fraudsters to be emboldened,
What is Bit-Miner UK?
According to the site,
“Bit-nest.com, is a financial organization build up to provide a source of passive income for the investors round the globe. The company has been performing it’s financial operations for the past 10 years in an offline environment at (Hampshire, United Kingdom) and serving the investors with the best returns in the market. Bit-nest.com invests in the Crypto Currency and mining of Bitcoin, as well as other resources of income that includes but not limited to Land, Real Estate, Stocks and Bonds.”
A close look at the introduction would easily show the visitor that this is a site that has been copied from another site. But the owner is too lazy to read through what they have set written. It could be that they simply asked the site builder to copy the content of another scam site but no one looked closely to observe that they used the name of the site they copied from.
Is this A Reliable Site?
There is no doubt that this is a site set up by fraudsters. There are so many red signs that show this. The wrongly copied site is a clear case of plagiarism. There are links that do not work, for instance clicking the “Read More” link keeps you on the same site. The name Bit-Miner has been replaced with Bit-nest on the site and yet, it is offering high ROI.
Fake Company Registration Number
At Cryptoinfowatch, we have always maintained that company registration does not imply that the site that you’re dealing with is legitimate. Scammers routinely register business names and acquire registration numbers that are meant to be used to defraud people.
BitMiner UK claimed on its site that it owns the registration number, 10346478, but a search at the Company house website shows that the number belongs to LEGACY CATERERS LIMITED, which was dissolved on January 30, 2018.
High Yield Investment Scam
We have noticed that fraudsters involved in HYIP are actively moving from scam to scam. You have to bear in mind that if a site offers you high returns of up to 20-30 percent a month, that you’re dealing with a scam. Sometimes, fraudsters have even offered lower ROI as seen with Elitefinfx which has morphed to Efx 2.0.
With so many scam sites online, it is imperative that every investor research to know how to make good investments before parting with their funds.
Genuine investment sites do not come and go. They meet the expectations of the investor by fulfilling their promises. Here’s an investment site that would help you through copy trading. This is basically copying experienced traders and getting the result they get.