Slowandbig at slowandbig.co is an investment operation that claims to double the funds of their clients in 30 days. On their site, they declare that customer satisfaction is their first priority which is why they have a chat feature in place. Slow and Big claims to be the only legit investment operation which also does not claim to make people rich but generate realistic returns in a short time.
They are only accepting Bitcoin as a form of deposit, which is a huge red flag because this method of payment does not have a way to reverse funds. Also, while Slowandbig claims that they are not a get rich quick scheme, the numbers which they show us on their investment plans suggest otherwise.
The minimum investment is 0.0025 BTC but in some other part of the website, this minimum is set at 0.002 BTC. It is not clear what happens when an investor sends either of those two amounts.
What is clear is that by the time you finish chewing your finger nails, the scammer will have stolen your money because you sent it to them. By the way, if you want to lose your money fast, sending it to a site like Slowandbig is the easiest way to incur that loss.
But before we can get into the details, we need to show you where exactly to invest Bitcoin. If you have Bitcoins and would like to multiply them, we recommend that you start mining Crypto currencies with these sites. Other than this option, you could also trade Crypto currencies. These bots can help you do so.
Slowandbig.co was created in November 2018 and was registered privately in order to conceal the identity of the owner. The domain is set to expire in exactly one year from now, which is a pattern commonly followed by scammers. On top of this, Slow and Big is a brand new site. Nobody has ever heard about them and therefore the payouts which they claim to release cannot be verified. In fact, there are some reviews from supposed investors on the site but these too cannot be verified. This information is difficult to authenticate if there is no concrete evidence that these testimonials were coming from real investors as opposed to the anonymous owner of the site.
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You cannot invest in a site owned by an anonymous entity. Slowandbig is a good example of a site that you cannot invest with because it lacks reputation to start with, and secondly, the owner is anonymous and is encouraging anonymous forms of payment to scam people. By the way, they are only accepting Bitcoin payments and not any other form of payment. Why would a legit business would want to restrict payments to Bitcoins only? It is suspicious and we should be treating this as a serious red flag.
While Slowandbig claims to be an investment platform, the website does not reveal details of the owner and the directors including the people who have investment expertise in Crypto currencies. So how are we supposed to believe that they are conducting a legit business operation in the first place? It’s going to be impossible.
We can only contact them using an integrated contact form on their website but not through phone or any other means. The site does not reveal the physical address of their office or location and is instead talking about how they can invest our Crypto currencies.
By the way, it is not yet clear what form of investing that Slowandbig is engaging in. The site does not clearly state whether they are trading or mining. The only thing that investors are told is that their money will be doubled in record 30 days. Slowandbig is providing us with vague information concerning what they do, which is another serious red flag.
We may not know who the owner of this site is or even their location. However, what we are sure of is that this kind of investing is regulated everywhere in the world. Investors are required to conduct their own due diligence before they can send any money. On the other hand, the site owner is required to obtain a license from the relevant authorities because what they are offering is classified into securities.
Slowandbig is therefore operating illegally by providing securities which are not registered, and that’s another red flag. The reason this site is not regulated is because they know that they won’t be able to fulfill the conditions that regulators set forth as their requirements for registering an investment business offering securities to the masses.
Many types of scams similar to SlowandBig operate in this fashion. They don’t have a license but claim that they will double their investors money in a short time. By the way, these dubious sites have never produced proof of legit investing and payouts which they release to their members.This reminds us of one thing: it is a ponzi scheme.
Yes, this is a genuine ponzi scheme in the sense that investors are being asked to send their Bitcoins to the anonymous owner on the promise of a monthly return. They may opt to pay a few investors and keep the balance. Or they may pay a small amount of ROI until the number of new investors joining the platform has dwindled or stopped altogether. At this point, they may pull an exit scam because majority of operations similar to Slow and Big work like this. They are not reliable and especially when their owners are a big mystery.
You will therefore lose your funds. There is no doubt about this.
There is nowhere on the planet where people make a lot of money by sending Bitcoins to an anonymous site admin. It is foolish. This is a new site with zero reputation and track record of successfully investing their clients funds. They will steal from you. You should probably consider mining Bitcoins as a form of investing.
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