545
Today there are many people who have gained wealth with the help of the internet and providers like Bitcode Method advertise with tempting offers.
These are the promises made by Bitcode Method
Bitcode Method is a fully computerised cryptocurrency trading bot. The Bitcode Method platform uses AI-powered technology to develop a trading strategy for you. Using automated processes, the tool trades cryptocurrencies for you.
- Bitcode Method is especially enticing as the platform promises to make trading as effortless as well as efficient for you. The company aims to make trading in the crypto market work for you. With an intuitive user interface, Bitcode Method is suitable for trading beginners and experienced traders alike.
- With complex algorithms and the use of artificial intelligence, Bitcode Method analyses the market for you. Based on the collected data, trading decisions are calculated. The organisation promises you high profitability.
- These are the promises of the platform. However, there are news portals that suspect fraudulent intentions behind Bitcode Method. But it often takes time before criminal machinations are uncovered.
Bitcode Method: reputable company or pyramid scheme?
Bitcode Method promises to reap big profits. However, there are concerns about the seriousness of the company. Numerous fraudulent platforms are circulating on the net. These take advantage of the hype surrounding cryptocurrencies to pull the wool over the eyes of unsuspecting investors. Cryptonews calls Bitcode Method a scam.
- If there is indeed a Ponzi scheme behind the company, in reality some of the money is used to pay those who got in earlier. This maintains the illusion that the scheme is actually making payouts.
- In fact, in a pyramid scheme, the first beneficiaries can make some money. This only works at the expense of a large number of new entrants who inevitably lose money instead.
- So-called pyramid schemes pay the first participants with part of the money. This comes from new users. When the influx of newcomers stops, there is no longer enough money to pay the first participants. This causes the pyramid to collapse.
- All pyramid schemes collapse sooner or later. This results from the fact that after a certain point no newcomers are added. For several years now, such criminal schemes have been brought to light and it is also possible that the fraudsters are more or less the same and simply invent a new name every now and then. Thus they can start the Ponzi scheme from scratch.
- Conclusion: There is no proof of the seriousness of Bitcode Method. Therefore, weigh up well before you decide to use such a provider.
