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Amfeix Review: is this Bitcoin fund a Scam?

Amfeix Review: is this Bitcoin fund a Scam?

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Thank you for reading the Amfeix review. Amfeix tells investors that they are experienced in trading Crypto currencies and that they are offering a Bitcoin fund to investors willing to part with at least 0.1 BTC. They describe their service as the world’s first pseudo anonymous blockchain. Amfeix.com also claims that their platform allows investors to view statistics in real time while deposits and withdrawals are automatic but can take up to 24 hours in order to clear.

Besides, this website states that investors can prove their identity without necessarily submitting personal information. We have no clue how that is going to be possible. The pseudo anonymous address is allegedly encouraging transparency and again this is not clear as the company has failed to elaborate further. They tell us that their company is offering scalable cloud blockchain. This is the information which they are giving us on their website:

”Our indefinitely scalable investment fund is solving one of the most limiting and long-due issues of the current investment market without any compromise.

We are the only global blockchain investment fund – The fund operates with strict risk management procedures to ensure that enough consecutive trades can be fulfilled in order to maintain an overall positive return. The capital of the fund that is not traded is securely stored in multiple Ledger cold wallets, which keeps the security standards at the highest levels as we aim to protect our clients from any possible inconvenience.”

In other words, they are telling us that they are the only global blockchain fund and that others do not exist. This sounds like an exaggerated statement because we cannot see how Amfeix can be the only blockchain fund when there are hundreds of people who are currently trading Bitcoin. And of course they are not the first to promise that funds will be stored in a ledger cold wallet.

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Before we proceed, we are asking one big question. Is this fund legit or will you get scammed in the process? According to our research, we believe that this is a scam or a ponzi scheme in the worst case scenario. In their about us section, they claim the following: AMFEIX groups investors’ funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. With such a brief introductory statement, one cannot believe that this is a serious website. In fact, we need to investigate more to find out the truth. So if you are reading this review, please invest with these solutions and ignore this fund altogether until we have established that it is safe to invest with them.

Amfeix review

The fund charges 20% management fees on profits and the monthly ROI is estimated at 10 to 20%. They tell us that all profits and losses are calculated in Bitcoin because they want to increase your Bitcoin portfolio. This also means that deposits are made in Bitcoin and not in fiat currencies. They also tell the community that the fund does not have an investment period and investors can leave any time they wish. On top of this, they have a referral program which earns participants 10% of profits realized by the investor.

Monthly performance of Amfeix

They are presenting us with performance data starting January 2019 all the way to May 2019. January seems to be the most profitable month as the fund claims according to these records that they earned 30%. May was the least profitable as they claim to have made 13%.

The problem with this style of presenting performance is that these records can easily be manipulated. They have not been verified by any third party and that’s the first thing you need to know. With that in mind, you can’t trust that the figures you are seeing here represent the actual performance of the fund. We need to have them producing independently verified trading results and not results that have been manipulated so it can look like the fund is profitable. Even if these results were real, we would need a third party to independently verify them and this would be a statement sharing platform like myfxbook.com.

Anonymous investment fund

One thing that we have observed with this fund is that Amfeix is 100% anonymous. The traders they claim are working for them cannot be traced. They are imaginary as the fund has failed to introduce their professional profiles to the investors whom they are targeting. That is the first red flag that you have to keep in mind when taking the risk of investing with this website.

Even details of their location are not know as the fund has treated this as discrete information. This means that Amfeix lacks transparency and there is no reason whatsoever why investors should trust them with their Bitcoin. They have an active Facebook page where they post their analysis through Tradingview blog. That Facebook page only has one review from someone who claims to have been making profits with this fund. There are only 40 followers.

Now, the question is that if Amfeix is this profitable, why is it that there is only one review and only 40 followers? Does it mean the owners are not marketing the website properly? We don’t think that is the case. But we strongly believe it is something to do with their way of operation which suggests that they lack transparency. It would be taking too much risk trusting an investment company like this one because nobody even knows whether they are truly an investment company.

Our best advice for you

Our advice and recommendation is to avoid anything that looks suspicious. There are enough red flags on the Amfeix website. You cannot miss them even if you wanted to ignore them. You need to stick with credible investment websites or even tools and those can be found here. On the other hand, you need to avoid websites that look dubious. They mostly don’t have a track record.

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Summary
Review Date
Product Name
Amfeix
Author Rating
21star1stargraygraygray

6 Replies to “Amfeix Review: is this Bitcoin fund a Scam?”

  1. HAHAHA. best place for safe and long term investment? How is this safe? Anonymous company owners and traders, no safety of funds in case the people behind this decide tomorrow to run away.

    1. The fund is based on the ETH smart contracts? LOL, go throw around some nonsense w***s hoping that more gullible investors will fall for that?
      The last time I checked fund deposits and withdrawals were done in BTC, not ETH, and that is the only thing you can check, the transactions on the blockchain
      And stop with the nonsense of your CEO’s safety. The only reason he and his traders don’t want to disclose any names is when they exit scam, no one knows who has the money.
      Perfect exist scam. Its also nice that you get profits. lets hope your CEO can also make you profits in an bear market.

  2. Hey motherf***ing future-victims of course your happy with the profits, d*** im tired of hearing that.. of course a scam has to give a little money to gain more trust before f***ing you all up ur a**es

  3. Just make sure you also inform the people that you recommend to invest, that there is no safety of funds in case the owners run away with all your money.

  4. I’m a trader of 25 years. IMO Amfeix is just another Ponzi scheme. Yes, they payout atm. All Ponzi schemes will pay out until they can’t.
    The way Ponzi schemes work is that most people leave their funds in there wanting more incredible returns. This fact is what supports a Ponzi scheme.
    The returns claimed are impossible for even pro traders to attain. Unreal returns are the first red flag.
    The second is the lack of review comments. If this scheme has been running since January then where are all the satisfied comments? They only go back as far as May.
    The lack of transparency is the next red flag. Legitimate investment funds must provide all information about who runs it, where they are located and how they do it.
    All the Bitcoin so-called “investment” schemes have failed. Bitconnect even listed on exchanges to be traded and lasted for years. It worked until it collapsed.
    The other ones, Bitpetite and the other recent one (can’t remember its name) were scams. If the return is too good to be true it probably isn’t real.
    You might not think 0.1 BTC as a min investment is much but that’s over $1,000 atm. If you get even one thousand people to pitch in that’s a million dollars.
    This scheme will collapse just like the others. Having said that, if you get in early on any Ponzi scheme you can make money if you withdraw your profits.
    Letting everything ride forever guarantees that you will be taken in the end. If you can get your money back, withdraw it then you can let the rest ride.
    This way you haven’t lost your money. It’s just that human greed takes over most people’s minds. They WANT TO believe it’s true and ignore all the red flags.
    Conclusion: Even though this is a definate Ponzie scheme, if you have a thousand bucks to punt and possibly lose then go for it. When/if you get your money back, withdraw your initial investment and then you’ve got nothing to lose. If it carries on and you can withdraw some profit, do that too. Look at Berine Madoff. His scheme lasted for thirty years. If you got in early and withdraw your profit you would have made a killing.

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