There is little you could say about businesses that are cocksure that they would never lose except that such are possibly deluded. This may well be the matter with Mutual Bid Systems, a company that claims that its investors could make profits of more than 400 percent in 40 days.
In this post, we shall review the possibility that this site is genuine an also show you an alternative if you mean business with making cryptocurrency profit instead of wasting your time.
What is Mutual Bid System?
The name may create the impression that this is an auction platform or investment site. However, do not be carried away by names. According to the site, the company is involved in trading activities. It stated that they are focused on forex and cryptocurrencies.
The site further stated that its trading activities are carried out 24 hours, 7 days of the week. It also stated that:
“Mutual Bid Systems is also a participant in international exhibitions, seminars, and trading competitions. We are always expanding our services globally and also trying our best to provide the most efficient and secure service to our clients.”
Emphasis On What Investor Would Earn
Mutual Bid Systems website was designed to lay emphasis on how much money an investor could make without explaining how they intend to realize that objective.
This raised pertinent questions on the intention of the entity behind this business since no coherent explanation can be garnered from the site that it is actually a legitimate business. Check this as an example where the site stated that:
“Our relationship with clients, which are based on confident communication and mutual respect, are the most valuable asset for us. We are aware that the efficiency of solving tasks that face the corporation directly depends on professionalism and motivation of our colleagues. Our team consists of highly skilled specialists in finances, particularly in forex market and cryptos with years of experience.”
I wouldn’t classify that copy as a job done by a professional as the business claimed. In any case, the page where the visitor would have learned more about the business returned empty, a confirmation that there is nothing professional about whoever is running things on this site.
A background check on the domain Mutualbidsystems.com shows that it was registered on April 28, 2019 which explains the reason why not many are aware of its existence. But do not be deceived that it will remain at one corner of the web.
Mutual Bid Systems is a typical high yield investment site that promises outrageous returns on investment. So there will be people out there willing to send cryptocurrencies to this site.
What would be your reaction if someone tells you that you stand to gain 400% profit in 40 days? Call their bluff? Well, you may if you’re well informed about investments in digital assets.
In reality, every experienced investor knows that there’s no possibility of having the fund of all investors quadrupled in 40 days. Things just do not work that way.
Even at its massive bull run of 2017, investment managers could not have promised this type of returns because it is predictable not feasible. But the company doesn’t seem to agree. It claims it can help investors earn such high returns sustainably. According to the site, investing in it is a win-win situation because their investors never lose.
That is rather very unprofessional since no investment is foolproof. Professional investment managers would warn their clients of the risks involved because risks are part of investment.
Mutual Bid Systems Investment Plans
Mutual Bid Systems has six investment plans, which are:
1) SILVER TRADER – 120% after 5 days
2) GOLD TRADER – 150% after 10 days
3) DIAMOND TRADER – 180% after 15 days
4) EXECUTIVE INVESTOR – 250% after 20 days
5) PRO INVESTOR – 300% after 30 days
6) INSTITUTIONS – 400% after 40 days
Will You Make Money With This Site?
The reason the entity behind the site claims that you’ll make so much profit without risk is that they are the risk themselves. Their interest in convincing the investor to send them cryptocurrencies, but the investor will not receive any promised profits.
This makes sense because if his type of profit is possible, the owners of this site wouldn’t readily share it. More so, dubious sites with anonymous owners promising huge profits have been proven to be run by fraudsters.
This is exactly the intent of this site. The physical address provided by Mutual Bid Systems,14 Munster Road Fulham, London, United Kingdom, SW6 6BD is already in use by 4 other websites which points to the suspicion that this is a virtual office used by new companies or scammers that wouldn’t want their real locations tracked.
Mutual Bid Systems has all the red signs that shows that it is not even a Ponzi scam but manned by people interested in stealing your cryptocurrencies. It makes sense never to send funds to this site.
There are legitimate businesses that can help you earn profit irrespective of your skill level as an investor. This is why you should avoid unstable, unsure and dubious sites like Mutual Bid Systems.
Our recommendation will show you how you can start profiting immediately and grow your assets. If you would like to share your thoughts on Mutual Bid Systems, please use the comment box below and don’t forget to share this post.