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  • This topic has 12 replies, 11 voices, and was last updated 6 years ago by jimmy.
Viewing 13 posts - 1 through 13 (of 13 total)
  • 2000% growth
  • Pigface
    Free Member

    Guy I work with is really into his money making ideas, crypto currency is his major thing but he has just put some money in with a guy/trader based in Singapore.

    This trader made 1000% last year on investments and next year is going for 2000%. He take 2% of the profit he makes on your investment.

    Is this a scam? That size of growth seems fanciful.

    Posted 6 years ago
    bikebouy
    Free Member

    😆

    Posted 6 years ago
    oldschool
    Full Member

    Pyramid scheme??

    Posted 6 years ago
    IdleJon
    Full Member

    Right, I’ve got £1 in 5p coins. Can I invest? 😆

    Posted 6 years ago
    mattyfez
    Full Member

    Watch some instructional YouTube videos on Forex trading, that will give you an idea as to how volatile currency trading is.

    Crypto currency is even more volatile. High risk, high gain. Potential for ruinous loss if you get unlucky.

    Also 2k% of what, 2k% of a penny?

    Posted 6 years ago
    Pigface
    Free Member

    My thoughts exactly but he won’t have it that it’s a con. He reckons he has put £500 in.

    Posted 6 years ago
    mrhoppy
    Full Member

    Well I’ve got some magic beans I could sell him.

    Posted 6 years ago
    footflaps
    Full Member

    Can’t possible scale to any real amount of money, so I’d say con.

    Posted 6 years ago
    nickdavies
    Full Member

    Plenty feasible, if he’d just bought a shit load of bitcoin on jan 1 and sold on dec 31 he’d have made a 1500% increase. And that’s ignoring the high, which would have been a 2300% increase.

    Whether it will hold true next year is another story, easy come easy go…

    Posted 6 years ago
    mattyfez
    Full Member

    What’s the actual investment though, is it Forex, crypto, shares, etc.

    Posted 6 years ago
    dannybgoode
    Full Member

    It’s not necessarily a scam as such but it is a pure bet.

    May as well out the money on a 500/1 rank outsider running in the 1215 a few times.

    Posted 6 years ago
    binners
    Full Member

    I thought this was going to be a thread about waistline expansion over Christmas

    Posted 6 years ago
    jimmy
    Full Member

    HODL

    Posted 6 years ago
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