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Bit Holder Review 2023 Update: An anonymous investment platform whose security of funds remains unknown.
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If you want your Bitcoins to be screwed, try an anonymous investment service like Bitholder. They actually hold your Bitcoins when you request for a refund or your money back. A UK registration status won’t mean that your funds are safe in their hands. Many times, this business model has proved to be a scam. You always get the raw end of the deal.
Bit Holder is therefore suspicious. It is worse than gambling your funds at a casino since you have a zero chance of ever getting a return from them.
Their so-called trade analysts are equally anonymous. We can’t verify their experience or trades in the past few months. Therefore, it is not possible to endorse an anonymous person with a suspicious track record.
Bit Holder tells us that 50% of their portfolio is dedicated towards mining of altcoins, 30% towards trading and another 20% in Forex and stock trading which is managed by professionals.
You can laugh it away because these claims are quite ridiculous. While they make these claims, they give zero supporting evidence to prove that they are talking facts.
The domain name of this website is registered by someone called Craig Adams. He seems to be the owner of Bit Holder Limited, a registered company in the UK. But nothing else is known about him. He is just as mysterious as the people he claims to work with.
The credibility and trustworthiness of this company is suffering because they have not proven their capability to demonstrate transparency. Although they’ve proved a link to what they call ”proof of payment”, we don’t know what to say concerning this page. But something strongly convince us that these payment records are mere fabrications.
We need more transparency into their operations in order to at least start trusting them.
Currently as it stands, Bit Holder Limited does not say anything concerning their ”mining business”. It’s an area which they have tried very much to avoid because probably Bit Holder Limited does not own any mining hardware, plus they are not planning to lease any. Therefore, we are entitled to think that this service does not exist.
Same as their trading category of service. Bit Holder Limited tells us that they have employed a team of financial analysts to handle trading activities online.
They allegedly trade Cryptocurrencies, Forex and stocks. Unfortunately, that can’t be true. If it was true, they would have published a redacted broker statement showing their trades for the last 3 months or so. We are talking of a document that can easily be verified.
You want to be sure that you are indeed dealing with a scam? Consider their ROI promises. If they are guaranteeing a certain figure, they are clearly liars. If they promise a very high amount like 7% per day, they are definitely scammers and terrible liars.
Bit Holder is one of those ponzi schemes promising a daily return of 7%. The minimum that they are asking from randoms on their homepage is 0.002 Bitcoins. It even gets better when you upgrade to the 10% or 15% per day plans. This will make you rich quickly.
Unfortunately, logic demands that we think with our heads. If you cannot earn 7% per day mining or trading assets, the definitely you can’t earn 10% or 15%.
These daily returns are abnormal and out of the norm. Cryptocurrency mining does not return your investments in one day. They know that fact very well, which is why they are not utilizing their ability to make that money for themselves. Instead, they are soliciting money from the public through lies and deception.
Bit Holder Limited is a registered ponzi scheme like most ponzi scheme websites in the UK. We have said time and again that registration doesn’t mean that activities are legitimate. This ponzi scheme wants to make you believe that they are paying taxes to the UK government. Is that true? We don’t think so. If it was true, the government would have demanded an explanation of the activities of this company.
That means Bit Holder is probably registered under a different service category which is not related to trading or investing in Cryptocurrencies.
As you can see, your funds are not in safe hands. Look at their registration date as well. It says that this domain was registered in January 2018. That is not even 3 months old yet. But the operator is now asking funds from members of the public yet they are giving zero reasons as to why people should invest with their company.
You must not trust new platforms that don’t have a reputation. If you want to be the first person to test the waters, well and good. You can go ahead and do so. But it is not recommended, and it is definitely demoralizing to be the first person to get scammed.
Do you know why Bit Holder Limited has used a London-based address? Because they want to create the illusion of prestige.
Even if that physical address belongs to a real place in London, you will not find Bit Holder Limited there. So either the address is fake or this website is lying to us that they are located in that place.
And definitely the referral program which they’ve put in place is quite disturbing. This is proof that these guys are running a ponzi scheme. Otherwise, why would they put so much emphasis on a referral program? Think about it hard.
We do not trust Bit Holder. We don’t know about you. But the writings are on the wall. It’s clear that investors will get nothing from this service. But of course the site admin will benefit tremendously if they will convince more people to sign up and make a deposit.
If you want to trade Cryptos, good robots can be found here. For mining them, go here. You will be grateful that you read this review and made the right decision.
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